$480,000
SOLD FEB 3, 2020
-- Bed
-- Bath
4,080 Sq Ft
1,700 Sq Ft Lot

Recently Sold

$118 Per Sq Ft

10% Below List Price

106 Days on Market

Highlights

  • Straight Thru Architecture
  • Wood Flooring
  • Porch
  • Penn Alexander School Rated A-
  • No HOA
  • 1-minute walk to Spruce Hill Bird Sanctuary

About This Home

As of February 2020

University of Pennsylvania, Spruce Hill, Penn Alexander School CATCHMENT! Amazing opportunity for an investment property in this highly desirable area! This is a huge property that has over 4000 square-foot of Interior square foot plus a huge basement that is multi-family Zoning, currently set up as a 5-bedroom, 2-kitchen rooming house with a huge living room, large dining room and full kitchen on the first level and a second kitchen on the upper level. This could easily be converted to a triplex with very little modification. Don't miss this rare opportunity for an incredible investment property in one of Philadelphia's most sought after areas. Fully occupied with month to month leases, the tenants are reliable and established. This is a turnkey operation in good condition, however, Property is being sold in its as is condition. Must see to appreciate the magnitude of possibilities Make your appointment today while still available.

Last Agent to Sell the Property

Ed Barber

Re/Max One Realty License #RS195624L Listed on: 08/06/2019

Re/Max One Realty

Co-Listed By

Joan Barber

Re/Max One Realty License #RS288551

Last Buyer's Agent

Tom Wang

Philly Real Estate License #RS304852

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,352

Year Built

  • Built in 1935

Lot Details

  • 1,700 Sq Ft Lot
  • Lot Dimensions are 17.00 x 100.00

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Straight Thru Architecture
  • Masonry

Interior Spaces

  • 4,080 Sq Ft Home
  • Wood Flooring
  • Basement

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Schools

  • Penn Alexander Elementary School
  • West Philadelphia High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 58
  • Assessor Parcel Number 272143200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,352

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1935
  • Remarks Public: University of Pennsylvania, Spruce Hill, Penn Alexander School CATCHMENT! Amazing opportunity for an investment property in this highly desirable area! This is a huge property that has over 4000 square-foot of Interior square foot plus a huge basement that is multi-family Zoning, currently set up as a 5-bedroom, 2-kitchen rooming house with a huge living room, large dining room and full kitchen on the first level and a second kitchen on the upper level. This could easily be converted to a triplex with very little modification. Don't miss this rare opportunity for an incredible investment property in one of Philadelphia's most sought after areas. Fully occupied with month to month leases, the tenants are reliable and established. This is a turnkey operation in good condition, however, Property is being sold in its as is condition. Must see to appreciate the magnitude of possibilities Make your appointment today while still available.
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Washer, Dryer
  • Flooring Type: Hardwood
  • Room Count: 6
  • Basement: Yes
  • Total Sq Ft: 4080
  • Living Area Sq Ft: 4080
  • Price Per Sq Ft: 124.98
  • Above Grade Finished Sq Ft: 4080
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 233

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Exterior Features: Street Lights, Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • Elementary School: PENN ALEXANDER SCHOOL
  • High School: WEST PHILADELPHIA
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • School District Key: 300200397108
  • School District Source: Listing Agent
  • Elementary School: PENN ALEXANDER SCHOOL
  • High School: WEST PHILADELPHIA

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 446420.00
  • Land Assessed Value: 78780.00
  • Land Use Code: U50
  • Lot Size Acres: 0.04
  • Lot Dimensions: 17.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1700.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Year Assessed: 2020
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1047506
  • School Tax: 4034.00
  • Tax Annual Amount: 7352.00
  • Assessor Parcel Number: 272143200
  • Tax Lot: 58
  • Tax Total Finished Sq Ft: 4080
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 02/03/2020

Multi Family

  • Single Room Units Count: 5

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2019
Closed on
Feb 3, 2020
Sold by
233 S 45Th Street Llc
Bought by
Li Zeen Cheng
Seller's Agent
Ed Barber
Re/Max One Realty
Buyer's Agent
Tom Wang
Philly Real Estate
List Price
$534,900
Sold Price
$480,000
Premium/Discount to List
-$54,900
-10.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.10%
Original Mortgage
$225,000
Interest Rate
3.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 8, 2009
Sold by
Hu Lin Dolores and Hu Lin Hsi
Bought by
233 S 45Th Street Llc

Purchase Details

Closed on
Jul 31, 1998
Sold by
Lin Peter
Bought by
Lin Hsi Hu and Lin Dolores

Purchase Details

Closed on
Mar 27, 1996
Sold by
Lin Dolores and Lin Peter
Bought by
Lin Peter
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $480,000 Honest Title Agency Llc
Deed $107,809 None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Closed $225,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2025 04/09/25 For Sale $798,000 +66.3% $192 / Sq Ft
02/03/2020 02/03/20 Sold $480,000 -5.9% $118 / Sq Ft
11/20/2019 11/20/19 Pending -- -- --
08/22/2019 08/22/19 Price Changed $509,900 -4.7% $125 / Sq Ft
08/06/2019 08/06/19 For Sale $534,900 -- $131 / 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 $5,599 $658,700 $131,700 $527,000
2024 $5,599 $658,700 $131,700 $527,000
2023 $5,599 $400,000 $80,000 $320,000
2022 $7,352 $400,000 $80,000 $320,000
2021 $7,352 $0 $0 $0
2020 $7,352 $0 $0 $0
2019 $7,076 $0 $0 $0
2018 $4,454 $0 $0 $0
2017 $4,454 $0 $0 $0
2016 $4,454 $0 $0 $0
2015 $4,264 $0 $0 $0
2014 -- $318,200 $51,225 $266,975
2012 -- $35,232 $6,630 $28,602
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH821790

Bright MLS

APN: 272143200