NOT LISTED FOR SALE

Estimated Value: $167,000 - $425,000

-- Bed
-- Bath
2,539 Sq Ft
$117/Sq Ft Est. Value

Last Sold January 12, 2017

Last sale price $125,000 $49 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $2,329/month

18 Days on Market

Highlights

  • No HOA
  • 5-minute walk to 52Nd Street
  • Heating System Uses Gas
  • En-Suite Primary Bedroom

About This Home

As of January 2017

This is a solid triplex that was rehabbed about 10 years ago. There is a record of good tenancy and the property has been well maintained. Everything had been upgraded during the rehabilitation process. All utilities, with the exception of water, have been separated. Tenants are responsible for electric and gas. Although this is a twin triplex, the twin which is attached to this property is also for sale. Here is an opportunity for the savvy investor to own six units, all in one place. This area is developing rapidly. Because the units are tenant occupied, the seller is requiring 24 hours notice. Just call the appointment center to arrange a showing. Listing agent will be present at showings. PLEASE NOTE THAT BOTH 21 AND 23 N. 50TH MUST BE SOLD AS A PAIR. THEY CANNOT BE SOLD SEPARATELY.

Last Agent to Sell the Property

Eileen Gray

Coldwell Banker Realty License #RS227918L Listed on: 10/25/2016

Coldwell Banker Realty

Last Buyer's Agent

LANDRY NGUEMA OBAME

KW Empower

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,750

Year Built

  • Built in 1916

Lot Details

  • 2,530 Sq Ft Lot
  • Lot Dimensions are 23x110
  • Property is in below average condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,539 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 76
  • Assessor Parcel Number 441056600

Community Details

Overview

  • No Home Owners Association
  • Philadelphia Subdivision

Building Details

  • Insurance Expense $1,200
  • Maintenance Expense $1,000
  • Operating Expense $5,150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,750

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1916
  • Remarks Public: This is a solid triplex that was rehabbed about 10 years ago. There is a record of good tenancy and the property has been well maintained. Everything had been upgraded during the rehabilitation process. All utilities, with the exception of water, have been separated. Tenants are responsible for electric and gas. Although this is a twin triplex, the twin which is attached to this property is also for sale. Here is an opportunity for the savvy investor to own six units, all in one place. This area is developing rapidly. Because the units are tenant occupied, the seller is requiring 24 hours notice. Just call the appointment center to arrange a showing. Listing agent will be present at showings. PLEASE NOTE THAT BOTH 21 AND 23 N. 50TH MUST BE SOLD AS A PAIR. THEY CANNOT BE SOLD SEPARATELY.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2539
  • Living Area Sq Ft: 2539
  • Price Per Sq Ft: 55.14
  • Above Grade Finished Sq Ft: 2539
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 23

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Improvement Assessed Value: 106250.00
  • Land Assessed Value: 18750.00
  • Land Use Code: N50
  • Lot Size Acres: 0.06
  • Lot Dimensions: 23X110
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2530.00
  • Property Attached Yn: Yes
  • Property Condition: Below Average
  • Zoning: RTA1

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 21000.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 1198814
  • Tax Annual Amount: 1750.00
  • Assessor Parcel Number: 441056600
  • Tax Lot: 76
  • Tax Year: 2016
  • Close Date: 01/12/2017

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2016
Closed on
Jan 6, 2017
Sold by
Allen Eric and Fuhr Wendy
Bought by
Emma Residential Llc
Seller's Agent
Eileen Gray
Coldwell Banker Realty
Buyer's Agent
LANDRY NGUEMA OBAME
KW Empower
List Price
$140,000
Sold Price
$125,000
Premium/Discount to List
-$15,000
-10.71%
Current Estimated Value
$296,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,000
Avg. Annual Appreciation
10.22%

Purchase Details

Closed on
Dec 19, 2002
Sold by
Kradzinski Daniel T and Kradzinski Alice
Bought by
Allen Eric D and Fuhr Wendy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,600
Interest Rate
5.95%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Emma Residential Llc $250,000 None Available
Allen Eric D $102,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mandey Development Llc $735,000
Previous Owner Allen Eric D $112,600
Previous Owner Allen Eric D $117,750
Previous Owner Allen Eric D $76,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2017 01/12/17 Sold $125,000 -10.7% $49 / Sq Ft
11/12/2016 11/12/16 Pending -- -- --
10/25/2016 10/25/16 For Sale $140,000 -- $55 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,591 $437,900 $87,580 $350,320
2024 $8,591 $437,900 $87,580 $350,320
2023 $8,591 $613,700 $122,740 $490,960
2022 $3,323 $613,700 $122,740 $490,960
2021 $3,323 $0 $0 $0
2020 $3,323 $0 $0 $0
2019 $2,080 $0 $0 $0
2018 $1,750 $0 $0 $0
2017 $1,750 $0 $0 $0
2016 $1,750 $0 $0 $0
2015 $1,675 $0 $0 $0
2014 -- $125,000 $12,418 $112,582
2012 -- $9,280 $2,000 $7,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003634467

Bright MLS

APN: 441056600