NOT LISTED FOR SALE

Estimated Value: $486,000 - $669,000

-- Bed
-- Bath
3,840 Sq Ft
$150/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $530,000 $138 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,596/month

12 Days on Market

Highlights

  • Porch
  • Forced Air Heating and Cooling System
  • 1-minute walk to Spruce Hill Bird Sanctuary
  • Penn Alexander School Rated A-

About This Home

As of April 2024

Beautiful newly renovated 2 bedroom apartment in the heart of University City, Spruce Hill neighborhood. Excellent location close to Clark Park, Baltimore Avenue shops and restaurants, SEPTA trolley and bus lines, and neighboring UPenn, University of Sciences, CHOP, and Drexel. Will be ready to move in end of August 2024. Newly renovated.
Apartment Features include:
- Open kitchen with full new stainless appliances (dishwasher, microwave, oven, refrigerator).
- New cabinets and granite counter top in kitchen.
- New hardwood floors throughout.
- Nice sized bedrooms.
- Large living spaces with closets.
- New Central AC system.
- Laundry room in unit.
- Nice backyard space

Last Agent to Sell the Property

Christos Tzimoulis

(484) 437-3126 chris@newagerealtygroup.com New Age Realty Group Inc License #RM423707 Listed on: 02/29/2024

Last Buyer's Agent

Mike Xiao

(215) 791-5555 michaelx722@aol.com Canaan Realty Investment Group

Canaan Realty Investment Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,877

Year Built

  • Built in 1935

Lot Details

  • 1,600 Sq Ft Lot
  • Lot Dimensions are 16.00 x 100.00

Parking

  • On-Street Parking

Home Design

  • 3,840 Sq Ft Home
  • Triplex
  • Masonry

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Basement

Community Details

  • 3 Units
  • Spruce Hill Subdivision

Listing and Financial Details

  • Tax Lot 51
  • Assessor Parcel Number 272143300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,877

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2024-02-29
  • Year Built: 1935
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Basement: Yes
  • Total Sq Ft: 3840
  • Living Area Sq Ft: 3840
  • Price Per Sq Ft: 136.72
  • Above Grade Finished Sq Ft: 3840
  • Above Grade Finished Area Units: Square Feet

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

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 16.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1600.00
  • Outdoor Living Structures: Porch(es)
  • Zoning: RSA5

Rental Info

  • Rent Control: No
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 3773.00
  • Tax Annual Amount: 6877.00
  • Assessor Parcel Number: 272143300
  • Tax Lot: 51
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • Gross Income: 48240.00

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
Apr 30, 2024
Sold by
Fulwider Ii Corporation
Bought by
Chen Jenny and Chen Kevin
Seller's Agent
Christos Tzimoulis
New Age Realty Group Inc
Buyer's Agent
Mike Xiao
Canaan Realty Investment Group
List Price
$525,000
Sold Price
$530,000
Premium/Discount to List
$5,000
0.95%
Views
46
Current Estimated Value
$577,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,500
Avg. Annual Appreciation
5.89%
Original Mortgage
$275,000
Outstanding Balance
$266,041
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$311,459

Purchase Details

Closed on
Feb 25, 1999
Sold by
Federal National Mortgage Association
Bought by
Fulwider Ii Corp

Purchase Details

Closed on
Aug 10, 1998
Sold by
Johnson John E and Johnson Margaret M
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

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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
Chen Jenny $530,000 Abstract One
Fulwider Ii Corp $61,500 --
Federal National Mortgage Association $6,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Jenny $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2024 08/29/24 For Rent $1,450 0.0% --
04/30/2024 04/30/24 Sold $530,000 +1.0% $138 / Sq Ft
02/29/2024 02/29/24 For Sale $525,000 -- $137 / 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 $6,877 $897,900 $179,500 $718,400
2024 $6,877 $897,900 $179,500 $718,400
2023 $6,877 $491,300 $98,260 $393,040
2022 $4,701 $491,300 $98,260 $393,040
2021 $4,701 $0 $0 $0
2020 $4,701 $0 $0 $0
2019 $4,524 $0 $0 $0
2018 $5,295 $0 $0 $0
2017 $5,295 $0 $0 $0
2016 $5,295 $0 $0 $0
2015 $4,707 $0 $0 $0
2014 -- $351,300 $48,212 $303,088
2012 -- $28,992 $4,351 $24,641
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2325988

Bright MLS

APN: 272143300