NOT LISTED FOR SALE

2338 Orthodox St Philadelphia, PA 19137

Frankford Neighborhood

Estimated Value: $271,000 - $343,000

-- Bed
3 Baths
1,844 Sq Ft
$170/Sq Ft Est. Value

Last Sold July 24, 2020

Last sale price $268,500 $146 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,967/month

Highlights

  • Traditional Architecture
  • Exterior Cameras
  • Hot Water Heating System
  • No HOA

About This Home

As of July 2020

Opportunity to own a turnkey, income producing, legally-zoned triplex in Bridesburg. Great for investors looking to add to their portfolio or savvy owner occupants looking to live in one and rent the other two. On the first floor there are two 1 bed/1 bath units. Each unit has its own charm. The front unit features an open concept living/dining room combo that leads to the kitchen with a breakfast bar peninsula for pull up seating and tons of cabinet space. The cozy back unit has direct basement access and easy access to the backyard. The spacious second floor unit consists of an open concept kitchen with 2 bed + flex space/ 1 bath. Flex space is currently used as a living room but can be used as a third bedroom. The 2nd Floor unit is currently owner occupied and will be delivered vacant. Front unit is currently on a month to month lease and is rented for $800/month. Back Unit has a lease until 9/30/2020 and is rented for $750/month. Projected rent for the second floor unit is $1100/month. All units have separate entrances and electric meters. Each tenant has their own washer and dryer. Tenants are currently responsible for electricity; tthe owner pays gas and water. Property features include: Ring doorbell, Security Cameras and Communal Yard Space. Conveniently located next to various shopping centers and I-95 this home is looking for its next owner. Property is being sold as is.

Last Agent to Sell the Property

Lara Ertwine

SERHANT PENNSYLVANIA LLC Listed on: 06/12/2020

Co-Listed By

Andre Quain

KW Empower

Last Buyer's Agent

David Snyder

KW Empower License #RS223144L

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,684

Year Built

  • Built in 1935

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20.00 x 100.00

Parking

  • On-Street Parking

Home Design

  • 1,844 Sq Ft Home
  • Triplex
  • Traditional Architecture
  • Masonry

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Shelving

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for common area maintenance, gas, trash collection, water, sewer, sewer maintenance, real estate taxes, repairs, insurance, heat
  • Tax Lot 61
  • Assessor Parcel Number 231016400

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Bridesburg Subdivision

Building Details

  • Income includes apartment rentals
  • Insurance Expense $1,495
  • Maintenance Expense $2,490
  • Trash Expense $300
  • Operating Expense $8,237
  • Gross Income $31,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,684

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: yard furniture and hammock
  • Inclusions: Refrigerator, washer, dryer and AC unit included in each unit. Ring doorbell, Zmodo camera system, Nest thermostat
  • New Construction: No
  • Year Built: 1935
  • Remarks Public: Opportunity to own a turnkey, income producing, legally-zoned triplex in Bridesburg. Great for investors looking to add to their portfolio or savvy owner occupants looking to live in one and rent the other two. On the first floor there are two 1 bed/1 bath units. Each unit has its own charm. The front unit features an open concept living/dining room combo that leads to the kitchen with a breakfast bar peninsula for pull up seating and tons of cabinet space. The cozy back unit has direct basement access and easy access to the backyard. The spacious second floor unit consists of an open concept kitchen with 2 bed + flex space/ 1 bath. Flex space is currently used as a living room but can be used as a third bedroom. The 2nd Floor unit is currently owner occupied and will be delivered vacant. Front unit is currently on a month to month lease and is rented for $800/month. Back Unit has a lease until 9/30/2020 and is rented for $750/month. Projected rent for the second floor unit is $1100/month. All units have separate entrances and electric meters. Each tenant has their own washer and dryer. Tenants are currently responsible for electricity; tthe owner pays gas and water. Property features include: Ring doorbell, Security Cameras and Communal Yard Space. Conveniently located next to various shopping centers and I-95 this home is looking for its next owner. Property is being sold as is.
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Full, Unfinished, Shelving
  • Total Sq Ft: 1844
  • Living Area Sq Ft: 1844
  • Price Per Sq Ft: 135.03
  • Above Grade Finished Sq Ft: 1844
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2338

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • 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), Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Security: Exterior Cameras
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: 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: 89143.00
  • Land Assessed Value: 31157.00
  • Land Use Code: W30
  • Lot Size Acres: 0.05
  • Lot Dimensions: 20.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2000.00
  • Year Assessed: 2020
  • Zoning: CMX2

Rental Info

  • Existing Lease Type: Month To Month, Owner Occupied, Yearly
  • Number Of Units Month To Month: 1
  • Owner Pays: Common Area Maintenance, Gas, Trash Collection, Water, Sewer, Sewer Maintenance, Taxes - Real Estate, Repairs, Insurance, Heat
  • Rent Control: No
  • Total Actual Rent: 18600.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1018398
  • School Tax: 924.00
  • Tax Annual Amount: 1684.00
  • Assessor Parcel Number: 231016400
  • Tax Lot: 61
  • Tax Total Finished Sq Ft: 1844
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 07/24/2020

Multi Family

  • Gross Income: 18600.00
  • Gross Scheduled Income: 31800.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 8237.00
  • Other Units: Unit 1,Unit 2,Unit 3
  • Vacancy Allowance Rate: 5.00

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Jul 22, 2020
Sold by
Le Duc Anh and Bango Aishah
Bought by
Koppernheffer Kyle Landon
Seller's Agent
Lara Ertwine
SERHANT PENNSYLVANIA LLC
Buyer's Agent
David Snyder
KW Empower
List Price
$249,000
Sold Price
$268,500
Premium/Discount to List
$19,500
7.83%
Current Estimated Value
$313,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,338
Avg. Annual Appreciation
4.61%
Original Mortgage
$263,636
Outstanding Balance
$236,878
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$101,546

Purchase Details

Listed on
Apr 21, 2017
Closed on
Jul 28, 2017
Sold by
Czerniak Janusz and Czerniak Teresa
Bought by
Le Duc Anh and Bango Aishah
Seller's Agent
SYLVIA Prawdzik
Long & Foster Real Estate, Inc.
Buyer's Agent
Theresa Wilson
Gold Keys Real Estate Specialists
List Price
$165,000
Sold Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.69%
Original Mortgage
$162,011
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 1, 1991
Bought by
Czerntak Janusz and Czerntak Teresa
Source: Public Records

Range of Values:

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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
Koppernheffer Kyle Landon $268,500 Great American Abstract Llc
Le Duc Anh $165,000 Alpert Abstract Lcl
Czerntak Janusz $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koppernheffer Kyle Landon $263,636
Previous Owner Le Duc Anh $162,011
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2020 07/24/20 Sold $268,500 +7.8% $146 / Sq Ft
06/17/2020 06/17/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $249,000 +50.9% $135 / Sq Ft
07/28/2017 07/28/17 Sold $165,000 0.0% $89 / Sq Ft
06/22/2017 06/22/17 Pending -- -- --
06/15/2017 06/15/17 For Sale $165,000 0.0% $89 / Sq Ft
06/13/2017 06/13/17 Pending -- -- --
04/21/2017 04/21/17 For Sale $165,000 -- $89 / 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 $3,241 $268,600 $53,720 $214,880
2024 $3,241 $268,600 $53,720 $214,880
2023 $3,241 $231,500 $46,300 $185,200
2022 $1,684 $231,500 $46,300 $185,200
2021 $1,684 $0 $0 $0
2020 $1,684 $0 $0 $0
2019 $1,564 $0 $0 $0
2018 $1,893 $0 $0 $0
2017 $1,893 $0 $0 $0
2016 $1,893 $0 $0 $0
2015 $1,812 $0 $0 $0
2014 -- $135,200 $25,887 $109,313
2012 -- $11,200 $1,682 $9,518
Source: Public Records

Agents Affiliated with this Home

  • Lara Ertwine

    Seller's Agent in 2020

    Lara Ertwine

    SERHANT PENNSYLVANIA LLC

    (215) 460-4119

    2 in this area

    147 Total Sales

    Lara Ertwine
    Section Image
  • Andre Quain

    Seller Co-Listing Agent in 2020

    Andre Quain

    KW Empower

    (215) 500-9180

    2 in this area

    129 Total Sales

    Andre Quain
    Section Image
  • David Snyder

    Buyer's Agent in 2020

    David Snyder

    KW Empower

    (215) 607-6007

    8 in this area

    898 Total Sales

    David Snyder
    Section Image
  • Michael Faber

    Buyer Co-Listing Agent in 2020

    Michael Faber

    KW Empower

    (267) 252-8076

    185 Total Sales

    Michael Faber
    Section Image

  • S

    Seller's Agent in 2017

    SYLVIA Prawdzik

    Long & Foster Real Estate, Inc.

    (267) 981-2355

    SYLVIA Prawdzik
    Section Image
  • Theresa Wilson

    Buyer's Agent in 2017

    Theresa Wilson

    RE/MAX

    (215) 880-9238

    1 in this area

    50 Total Sales

    Theresa Wilson
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAPH902622

Bright MLS

APN: 231016400

Pennsylvania Philadelphia County Philadelphia 19124 Frankford

2338 Orthodox St, Philadelphia, PA

This home is located at 2338 Orthodox St, Philadelphia, PA 19137 since 12 June 2020 and is currently estimated at $313,838, approximately $170 per square foot. This property was built in 1935. 2338 Orthodox St is a home located in Philadelphia County with nearby schools including Allen M. Stearne School, Frankford High School, and First Philadelphia Preparatory Charter School.

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