Seller's Agent in 2023
Julian Hinson
Ergo Real Estate Company
(215) 828-1447
3 in this area
67 Total Sales
2314 N Broad St Philadelphia, PA 19132
North Philadelphia West NeighborhoodEstimated Value: $517,000 - $576,000
--
Bed
3
Baths
3,690
Sq Ft
$151/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- 1-minute walk to Susquehanna-Dauphin
- Forced Air Heating System
- Wood Flooring
- Doors swing in
- 3-minute walk to Winchester Playground
About This Home
As of December 2023Nestled in the highly sought-after Temple university area of Broad St, this fully-leased triplex is a rare gem that beckons to astute investors. With a monthly income of $4,275, this property presents an excellent opportunity to maximize your profits. Boasting three excellent tenants and separate utilities, this property is easy to manage, providing peace of mind for its owners. Hardwood floors and central heating grace every corner of the property, with air conditioning coils already installed and condensers waiting to be hooked up. The enormous yard of the first-floor unit adds to the charm and desirability of this property, while the fully-finished basement, complete with a new bathroom, kitchenette and egress window, offers the possibility of adding another unit to increase your rental income. Recently renovated with new bathroom tiles, kitchen countertops, backsplashes, paint, and window treatments, this property is turn key and ready for new owners to move in and/or take over. Moreover, new central air units are readily available for easy installation, and rents could be increased, providing the potential for even more significant profits. Perfectly situated on one of Philadelphia's busiest thoroughfares and in close proximity to Temple University, this property is a highly desirable opportunity that you won't want to miss.
Last Agent to Sell the Property
Ergo Real Estate Company License #RB-0020530 Listed on: 05/22/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,686
Year Built
- Built in 1915 | Remodeled in 2023
Lot Details
- 1,870 Sq Ft Lot
- Lot Dimensions are 17.00 x 110.00
- Property is in excellent condition
Parking
- On-Street Parking
Home Design
- Triplex
- Traditional Architecture
- Brick Foundation
- Masonry
Interior Spaces
- Wood Flooring
- Finished Basement
Kitchen
- Stove
- Range Hood
- Freezer
- Disposal
Laundry
- Washer
- Gas Dryer
Accessible Home Design
- Doors swing in
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- 200+ Amp Service
- Electric Water Heater
- Municipal Trash
- Public Septic
Community Details
- 3 Units
Listing and Financial Details
- Tax Lot 73
- Assessor Parcel Number 161002300
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 22, 2023
Closed on
Nov 2, 2023
Sold by
Ratiu Raluca
Bought by
Nelson Jessica
Seller's Agent
Julian Hinson
Ergo Real Estate Company
Buyer's Agent
Matt Fetick
EXP Realty, LLC
List Price
$599,900
Sold Price
$525,000
Premium/Discount to List
-$74,900
-12.49%
Views
66
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,253
Avg. Annual Appreciation
5.66%
Original Mortgage
$498,750
Outstanding Balance
$492,459
Interest Rate
7.76%
Mortgage Type
Construction
Estimated Equity
$84,722
Purchase Details
Closed on
Oct 26, 2018
Sold by
Pai Sheila
Bought by
Ratiu Raluca
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 6, 2008
Sold by
Sermons Ward Lydia Gay
Bought by
Pai Sheila
Purchase Details
Closed on
Jun 9, 2005
Sold by
Sermons Myrtice
Bought by
Sermons Ward Lydia Gay
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.66%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 11, 2004
Sold by
Sermons Lydia Gay
Bought by
Sermons Ward Lydia Gay and Sermons Mytice
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,850
Interest Rate
5.83%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 10, 2000
Sold by
Young Isaac A
Bought by
Sermons Lydia Gay
Purchase Details
Closed on
Aug 18, 1995
Sold by
Sermons Lydia Gay
Bought by
Young Isaac A
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nelson Jessica | $525,000 | None Listed On Document | |
| Ratiu Raluca | $200,000 | None Available | |
| Pai Sheila | $275,000 | None Available | |
| Sermons Ward Lydia Gay | -- | -- | |
| Sermons Ward Lydia Gay | -- | -- | |
| Sermons Lydia Gay | $7,000 | -- | |
| Young Isaac A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nelson Jessica | $498,750 | |
| Previous Owner | Ratiu Raluca E | $311,500 | |
| Previous Owner | Ratiu Raluca E | $299,000 | |
| Previous Owner | Ratiu Raluca | $175,000 | |
| Previous Owner | Ratiu Raluca | $200,000 | |
| Previous Owner | Sermons Ward Lydia Gay | $250,000 | |
| Previous Owner | Sermons Ward Lydia Gay | $157,850 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/11/2023 12/11/23 | Sold | $525,000 | -12.5% | $142 / Sq Ft |
| 08/01/2023 08/01/23 | Price Changed | $599,799 | 0.0% | $163 / Sq Ft |
| 08/01/2023 08/01/23 | Price Changed | $599,899 | +6.2% | $163 / Sq Ft |
| 08/01/2023 08/01/23 | Price Changed | $565,000 | -5.8% | $153 / Sq Ft |
| 07/05/2023 07/05/23 | Price Changed | $599,899 | 0.0% | $163 / Sq Ft |
| 05/22/2023 05/22/23 | For Sale | $599,900 | 0.0% | $163 / Sq Ft |
| 06/26/2020 06/26/20 | Rented | $1,000 | +0.1% | -- |
| 06/04/2020 06/04/20 | Price Changed | $999 | -0.1% | $0 / Sq Ft |
| 04/30/2020 04/30/20 | For Rent | $1,000 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $4,687 | $480,000 | $96,000 | $384,000 |
| 2024 | $4,687 | $480,000 | $96,000 | $384,000 |
| 2023 | $4,687 | $334,800 | $66,900 | $267,900 |
| 2022 | $2,531 | $334,800 | $66,900 | $267,900 |
| 2021 | $2,531 | $0 | $0 | $0 |
| 2020 | $2,531 | $0 | $0 | $0 |
| 2019 | $2,447 | $0 | $0 | $0 |
| 2018 | $2,402 | $0 | $0 | $0 |
| 2017 | $2,402 | $0 | $0 | $0 |
| 2016 | $2,402 | $0 | $0 | $0 |
| 2015 | $2,299 | $0 | $0 | $0 |
| 2014 | -- | $171,600 | $9,225 | $162,375 |
| 2012 | -- | $19,200 | $2,100 | $17,100 |
Source: Public Records
Agents Affiliated with this Home
-
Julian Hinson
-
Matt Fetick
Buyer's Agent in 2023
Matt Fetick
EXP Realty, LLC
(484) 678-7888
1 in this area
1,105 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH2231608
APN: 161002300
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