NOT LISTED FOR SALE

2358 E Susquehanna Ave Philadelphia, PA 19125

Fishtown Neighborhood

Estimated Value: $280,514 - $594,000

-- Bed
-- Bath
3,375 Sq Ft
$129/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $540,000 $160 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $2,529/month

Highlights

  • Dwelling with Rental
  • Hot Water Baseboard Heater
  • 4-minute walk to Konrad Square

About This Home

As of June 2022

This 4 unit building in Fishtown has an abundance of potential. The current owner bought recently and started a renovation but is now relocating and needs to sell. There was an ample amount of deferred maintenance when buyer purchased. Among the work that has already been completed includes: All new roofing, 3rd floor siding and downspouts done Dec 2020, 2nd floor roof deck repaired from leaking and underside in unit 4 repaired in 2021, bathrooms and kitchens were rough demo'd, and junk/appliance removal from basement and rest of building. The property is situated on a bustling intersection comprised of Loco Pez, Cedar Point Bar & Kitchen, a laundromat, Coffee Shop, and a yoga studio. So many things to do in one place! One of the units(Efficiency) is currently rented for $700/mo on a month to month lease. The other units are a 2BR/1BA unit on first floor with basement Laundry access, a 2BR/1BA unit on the second and third floors is spaced out with an abundance of old building character, and a final unit with 3BR/2BA with 2 rooftop deck areas, and a ton of natural light. The potential here is huge as many sold, comparable 4 unit buildings of this size are close to or over a Million dollars. There is also the potential for commercial use if desired but that must be verified by buyer. There is so much potential here for someone willing to take on the renovation. The rewards would prove to be quite large.

Last Agent to Sell the Property

Jeffrey Nixon

(267) 278-6591 jeff.nixon@compass.com Compass RE Listed on: 04/08/2022

Compass RE

Co-Listed By

Adam Dyer

(484) 995-6214 adam.dyer@compass.com Compass RE License #2183683

Last Buyer's Agent

Jason Polykoff

(610) 822-3356 jason.polykoff@gmail.com Keller Williams Realty Devon-Wayne License #RS356067

Keller Williams Realty Devon-Wayne

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,259

Year Built

  • Built in 1875

Lot Details

  • 864 Sq Ft Lot
  • Lot Dimensions are 18.00 x 41.00

Home Design

  • 3,375 Sq Ft Home
  • Quadruplex
  • Dwelling with Rental
  • Fixer Upper
  • Converted Dwelling
  • Flat Roof Shape
  • Stone Foundation
  • Concrete Perimeter Foundation
  • Masonry

Parking

  • On-Street Parking
  • Parking Fee

Utilities

  • Radiator
  • Hot Water Baseboard Heater
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • 4 Units
  • 3 Vacant Units

Listing and Financial Details

  • Tax Lot 134
  • Assessor Parcel Number 313036500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,259

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Converted Dwelling, Dwelling With Rental
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: washer(1) & dryer(1)
  • New Construction: No
  • Year Built: 1875
  • Automatically Close On Close Date: No
  • Remarks Public: This 4 unit building in Fishtown has an abundance of potential. The current owner bought recently and started a renovation but is now relocating and needs to sell. There was an ample amount of deferred maintenance when buyer purchased. Among the work that has already been completed includes: All new roofing, 3rd floor siding and downspouts done Dec 2020, 2nd floor roof deck repaired from leaking and underside in unit 4 repaired in 2021, bathrooms and kitchens were rough demo'd, and junk/appliance removal from basement and rest of building. The property is situated on a bustling intersection comprised of Loco Pez, Cedar Point Bar & Kitchen, a laundromat, Coffee Shop, and a yoga studio. So many things to do in one place! One of the units(Efficiency) is currently rented for $700/mo on a month to month lease. The other units are a 2BR/1BA unit on first floor with basement Laundry access, a 2BR/1BA unit on the second and third floors is spaced out with an abundance of old building character, and a final unit with 3BR/2BA with 2 rooftop deck areas, and a ton of natural light. The potential here is huge as many sold, comparable 4 unit buildings of this size are close to or over a Million dollars. There is also the potential for commercial use if desired but that must be verified by buyer. There is so much potential here for someone willing to take on the renovation. The rewards would prove to be quite large.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter, Stone
  • Total Sq Ft: 3375
  • Living Area Sq Ft: 3375
  • Price Per Sq Ft: 159.97
  • Above Grade Finished Sq Ft: 3375
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2358

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Parking Fee
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water, Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Phone, Natural Gas Available
  • Water Source: Public

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: 223356.00
  • Land Assessed Value: 80944.00
  • Land Use Code: O50
  • Lot Size Acres: 0.02
  • Lot Dimensions: 18.00 x 41.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 864.00
  • Property Condition: Major Rehab Needed
  • Year Assessed: 2022
  • Zoning: CMX2

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 1
  • Rent Control: No
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1069081
  • School Tax: 2337.00
  • Tax Annual Amount: 4259.00
  • Assessor Parcel Number: 313036500
  • Tax Lot: 134
  • Tax Total Finished Sq Ft: 1125
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/30/2022

Multi Family

  • Number Of Units Vacant: 3
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Single Room Units Count: 1

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2024
Sold by
Pouyes Wilfrance
Bought by
Pouyes Wilfrance
Current Estimated Value
$436,629

Purchase Details

Listed on
Apr 8, 2022
Closed on
May 25, 2022
Sold by
Gregory Shertzer
Bought by
Pouyes Wilfrance
Seller's Agent
Jeffrey Nixon
Compass RE
Buyer's Agent
Jason Polykoff
Keller Williams Realty Devon-Wayne
List Price
$539,900
Sold Price
$540,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.18%
Original Mortgage
$781,876
Interest Rate
5.09%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 13, 2020
Closed on
Aug 19, 2020
Sold by
Weindorfer Peter G and Weindorfer Ruth
Bought by
Shertzer Gregory
Seller's Agent
Johanna Gouak
Re/Max One Realty
Buyer's Agent
Jeffrey Nixon
Compass RE
List Price
$600,000
Sold Price
$530,000
Premium/Discount to List
-$70,000
-11.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.02%
Original Mortgage
$649,692
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2013
Sold by
Murphy Robert R and Weinforfer Peter G
Bought by
Weindorfer Peter G and Weindorfer Ruth

Purchase Details

Closed on
Mar 27, 2007
Sold by
Weindorfer Peter G and Weindorfer Ruth F
Bought by
Murphy Robert
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
Pouyes Wilfrance -- None Listed On Document
Pouyes Wilfrance $540,000 Prosperity Abstract
Shertzer Gregory $530,000 Trident Land Transfer Co Lp
Weindorfer Peter G $29,200 None Available
Murphy Robert $435,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pouyes Wilfrance $781,876
Previous Owner Shertzer Gregory $649,692
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2022 06/30/22 Sold $540,000 0.0% $160 / Sq Ft
04/17/2022 04/17/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $539,900 +1.9% $160 / Sq Ft
08/24/2020 08/24/20 Sold $530,000 -11.7% $147 / Sq Ft View Prior Sale
05/24/2020 05/24/20 Pending -- -- --
03/13/2020 03/13/20 For Sale $600,000 -- $167 / 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 $2,870 $215,200 $43,000 $172,200
2024 $2,870 $215,200 $43,000 $172,200
2023 $4,477 $205,000 $41,000 $164,000
2022 $4,260 $319,800 $63,960 $255,840
2021 $4,260 $0 $0 $0
2020 $4,260 $0 $0 $0
2019 $3,953 $0 $0 $0
2018 $3,168 $0 $0 $0
2017 $3,168 $0 $0 $0
2016 $3,168 $0 $0 $0
2015 $1,805 $0 $0 $0
2014 -- $134,700 $13,125 $121,575
2012 -- $13,760 $2,080 $11,680
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Nixon

    Seller's Agent in 2022

    Jeffrey Nixon

    Compass RE

    (267) 278-6591

    2 in this area

    101 Total Sales

    Jeffrey Nixon
    Section Image
  • Adam Dyer

    Seller Co-Listing Agent in 2022

    Adam Dyer

    Compass RE

    (484) 995-6214

    2 in this area

    155 Total Sales

    Adam Dyer
    Section Image
  • Jason Polykoff

    Buyer's Agent in 2022

    Jason Polykoff

    Keller Williams Realty Devon-Wayne

    (610) 822-3356

    2 in this area

    139 Total Sales

    Jason Polykoff
    Section Image
  • Johanna Gouak

    Seller's Agent in 2020

    Johanna Gouak

    RE/MAX

    (215) 570-9600

    2 in this area

    60 Total Sales

    Johanna Gouak
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH2102574

Bright MLS

APN: 313036500

Pennsylvania Philadelphia County Philadelphia 19125 Fishtown

2358 E Susquehanna Ave, Philadelphia, PA

This home is located at 2358 E Susquehanna Ave, Philadelphia, PA 19125 since 08 April 2022 and is currently estimated at $436,629, approximately $129 per square foot. This property was built in 1875. 2358 E Susquehanna Ave is a home located in Philadelphia County with nearby schools including Horatio B. Hackett School, Penn Treaty School, and Holy Name of Jesus.

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