NOT LISTED FOR SALE

Estimated Value: $886,000 - $1,084,000

-- Bed
3 Baths
2,800 Sq Ft
$359/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $920,000 $329 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,227/month

Highlights

  • City View
  • No HOA
  • Central Heating and Cooling System
  • Traditional Architecture
  • Downtown Location
  • 3-minute walk to Fitler Square Park

About This Home

As of July 2021

Rarely offered fully leased triplex in the coveted Fitler Square/Graduate Hospital area of Philadelphia, Pennsylvania. The Property is ideal for an owner occupant or investor. There are two 2 bedroom apartments and one 1 bedroom apartment. The ground floor 2bd x 1ba has a rear courtyard and full basement storage with laundry. The 2nd floor 2bd x 1ba covers the full floor with a juliet balcony in the rear. The upper floor 1bd x 1ba unit also has a juliet balcony in the rear. Exposed brick, ductwork and beams lend charm and character. 2 of the 3 units have their own washer/dryer. The location is unmatched. This is the primary feeder neighborhood for Penn, Chop, and the leading universities and healthcare systems just over the South Street Bridge. It's one of the most amenity rich locations in Philly, with multiple parks and some of the city's best restaurants, bars and cafes within a few steps of the front door. This is a generational opportunity to acquire a turnkey multifamily property in one of the strongest locations for tenant demand in Philadelphia.

Last Agent to Sell the Property

Ryan McManus

Keller Williams Liberty Place Listed on: 04/18/2021

Last Buyer's Agent

Nicholas DeLuca

KW Empower License #1538673

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,488

Year Built

  • Built in 1915

Lot Details

  • 1,336 Sq Ft Lot
  • Lot Dimensions are 16.00 x 83.50
  • Downtown Location
  • Property is in good condition

Home Design

  • Triplex
  • Traditional Architecture
  • Masonry

Interior Spaces

  • 2,800 Sq Ft Home
  • Vinyl Flooring
  • City Views
  • Unfinished Basement

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 3 Units
  • 3-Story Building
  • Fitler Square Subdivision

Listing and Financial Details

  • Tax Lot 47
  • Assessor Parcel Number 302004700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,488

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1915
  • Automatically Close On Close Date: Yes
  • Remarks Public: Rarely offered fully leased triplex in the coveted Fitler Square/Graduate Hospital area of Philadelphia, Pennsylvania. The Property is ideal for an owner occupant or investor. There are two 2 bedroom apartments and one 1 bedroom apartment. The ground floor 2bd x 1ba has a rear courtyard and full basement storage with laundry. The 2nd floor 2bd x 1ba covers the full floor with a juliet balcony in the rear. The upper floor 1bd x 1ba unit also has a juliet balcony in the rear. Exposed brick, ductwork and beams lend charm and character. 2 of the 3 units have their own washer/dryer. The location is unmatched. This is the primary feeder neighborhood for Penn, Chop, and the leading universities and healthcare systems just over the South Street Bridge. It's one of the most amenity rich locations in Philly, with multiple parks and some of the city's best restaurants, bars and cafes within a few steps of the front door. This is a generational opportunity to acquire a turnkey multifamily property in one of the strongest locations for tenant demand in Philadelphia.
  • Special Features: None

Interior Features

  • Flooring Type: Vinyl
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2800
  • Living Area Sq Ft: 2800
  • Price Per Sq Ft: 332.14
  • Above Grade Finished Sq Ft: 2800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2316

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 374430.00
  • Land Assessed Value: 160470.00
  • Land Use Code: U50
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16.00 x 83.50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1336.00
  • Property Condition: Good
  • Year Assessed: 2021
  • Zoning: RM1

Rental Info

  • Rent Control: No
  • Total Actual Rent: 67200.00
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1062353
  • School Tax: 4109.00
  • Tax Annual Amount: 7488.00
  • Assessor Parcel Number: 302004700
  • Tax Lot: 47
  • Tax Total Finished Sq Ft: 2816
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 07/16/2021

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2021
Closed on
Jul 14, 2021
Sold by
Mcmanus Ryan and Mcmanus Caitlin
Bought by
Baumgardner Theodore and Kornick Alexander
Seller's Agent
Ryan McManus
Keller Williams Liberty Place
Buyer's Agent
Nicholas DeLuca
KW Empower
List Price
$950,000
Sold Price
$920,000
Premium/Discount to List
-$30,000
-3.16%
Current Estimated Value
$1,004,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,832
Avg. Annual Appreciation
2.02%
Original Mortgage
$600,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2019
Sold by
Segal Mindee J and Ballentine Beth Melody
Bought by
Mcmanus Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$573,750
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2010
Sold by
Shuman Allan
Bought by
Shuman Mindee Joy

Purchase Details

Closed on
Dec 2, 2008
Sold by
Shuman Mindee Joy
Bought by
Shuman Allan
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Baumgardner Theodore $920,000 Knights Abstract Inc
Mcmanus Ryan $765,000 None Available
Shuman Mindee Joy -- None Available
Shuman Allan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baumgardner Theodore $600,000
Previous Owner Mcmanus Ryan $712,500
Previous Owner Mcmanus Ryan $573,750
Previous Owner Shuman Mindee Joy $100,000
Previous Owner Shuman Allan $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2021 07/16/21 Sold $920,000 -1.1% $329 / Sq Ft
05/14/2021 05/14/21 Pending -- -- --
05/03/2021 05/03/21 Price Changed $930,000 -2.1% $332 / Sq Ft
04/18/2021 04/18/21 For Sale $950,000 -- $339 / 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 $10,471 $881,800 $176,360 $705,440
2024 $10,471 $881,800 $176,360 $705,440
2023 $10,471 $748,000 $149,600 $598,400
2022 $7,488 $748,000 $149,600 $598,400
2021 $7,488 $0 $0 $0
2020 $7,488 $0 $0 $0
2019 $7,661 $0 $0 $0
2018 $3,778 $0 $0 $0
2017 $3,778 $0 $0 $0
2016 $3,742 $0 $0 $0
2015 $3,617 $0 $0 $0
2014 -- $269,900 $73,822 $196,078
2012 -- $27,040 $15,055 $11,985
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAPH1008134

Bright MLS

APN: 302004700