NOT LISTED FOR SALE

Estimated Value: $435,000 - $509,828

3 Beds
3 Baths
2,100 Sq Ft
$225/Sq Ft Est. Value

Last Sold March 19, 2021

Last sale price $395,000 $188 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,587/month

125 Days on Market

Highlights

  • Newly Remodeled
  • No HOA
  • Forced Air Heating and Cooling System
  • Straight Thru Architecture
  • Instant Hot Water
  • 2-minute walk to Wharton Square

About This Home

As of March 2021

Welcome to STUNNING 2340 Gerritt Street! This beautiful newly constructed 3 bedroom, 3 bathroom townhome located in the heart of Point Breeze is available today! Enter directly in through the living room and notice the open layout, recessed lighting and hardwood floors throughout. Straight thru to the kitchen which features stainless steel appliances, 4-burner gas stove, white quartz countertops, plenty of cabinet space and access to the outdoor patio. Make your way to the second floor where you will find 2 spacious bedrooms and a full bathroom with a shower tub with stunning wood paneling shower wall. Up the stairs to the third floor is the primary bedroom , fully tiled bathroom with stand-in shower and double sink vanity, and stair access to the ultra wide private roof deck. Down the stairs is the fully finished bathroom with full bathroom. 2340 Gerritt comes with an approved full 10 year tax abatement. This location is in close proximity to amazing restaurants, shops, parks and so much more! Schedule your tour today!

Last Agent to Sell the Property

Jim Roche

(928) 287-9332 Jim@JRPhilly.com KW Empower License #RS332204 Listed on: 09/18/2020

KW Empower

Last Buyer's Agent

Harkeet Chadha

(484) 554-9188 harkeetchadha@gmail.com Coldwell Banker Realty License #2293794

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $918

Year Built

  • Built in 1923 | Newly Remodeled

Lot Details

  • 700 Sq Ft Lot
  • Lot Dimensions are 14.00 x 50.00
  • Property is in excellent condition

Parking

  • On-Street Parking

Home Design

  • Straight Thru Architecture
  • Masonry

Interior Spaces

  • 2,100 Sq Ft Home
  • Property has 3 Levels
  • Instant Hot Water
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Public Septic

Community Details

  • No Home Owners Association
  • Point Breeze Subdivision

Listing and Financial Details

  • Tax Lot 262
  • Assessor Parcel Number 364015000

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$918

Year Built

Built in 1923 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Year Built: 1923
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Fireplace: No
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 2100
  • Living Area Sq Ft: 2100
  • Price Per Sq Ft: 190.43
  • Above Grade Finished Sq Ft: 2100
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Construction Completed: Yes
  • 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: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Instant Hot Water
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.02
  • Lot Dimensions: 14.00 x 50.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 700.00
  • Property Condition: Excellent
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 504.00
  • Tax Annual Amount: 918.00
  • Assessor Parcel Number: 364015000
  • Tax Lot: 262
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2020
Closed on
Mar 15, 2021
Sold by
Gerritt 3 Llc
Bought by
Davis Paul Andrew
Seller's Agent
Jim Roche
KW Empower
Buyer's Agent
Harkeet Chadha
Coldwell Banker Realty
List Price
$399,900
Sold Price
$395,000
Premium/Discount to List
-$4,900
-1.23%
Current Estimated Value
$473,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,457
Avg. Annual Appreciation
3.95%
Original Mortgage
$375,250
Outstanding Balance
$337,333
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$136,124

Purchase Details

Closed on
Sep 13, 2018
Sold by
Amellia Investors Llc
Bought by
Gerrett 3 Llc

Purchase Details

Closed on
Aug 18, 1952
Bought by
James James W and James Sarah
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Davis Paul Andrew $395,000 Title Services
Gerrett 3 Llc $85,000 Commonwealth Residential Tit
James James W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Paul Andrew $375,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2021 03/19/21 Sold $395,000 -1.2% $188 / Sq Ft
01/25/2021 01/25/21 For Sale $399,900 0.0% $190 / Sq Ft
01/21/2021 01/21/21 Pending -- -- --
12/01/2020 12/01/20 Price Changed $399,900 -3.6% $190 / Sq Ft
11/05/2020 11/05/20 Price Changed $415,000 -5.5% $198 / Sq Ft
10/28/2020 10/28/20 Price Changed $439,000 -1.1% $209 / Sq Ft
10/08/2020 10/08/20 Price Changed $444,000 -1.1% $211 / Sq Ft
09/18/2020 09/18/20 For Sale $449,000 -- $214 / 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
2026 $1,096 $407,200 $81,440 $325,760
2025 $1,096 $407,200 $81,440 $325,760
2024 $1,096 $407,200 $81,440 $325,760
2023 $1,096 $391,500 $78,300 $313,200
2022 $918 $391,500 $78,300 $313,200
2021 $918 $0 $0 $0
2020 $918 $0 $0 $0
2019 $854 $0 $0 $0
2018 $539 $0 $0 $0
2017 $539 $0 $0 $0
2016 $539 $0 $0 $0
2015 $516 $0 $0 $0
2014 -- $38,500 $7,280 $31,220
2012 -- $2,368 $630 $1,738
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH936730

Bright MLS

APN: 364015000