NOT LISTED FOR SALE

Estimated Value: $597,508

-- Bed
-- Bath
2,574 Sq Ft
$232/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $532,750 $207 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,489/month

Highlights

  • Traditional Architecture
  • 4-minute walk to York-Dauphin
  • Ceiling Fan
  • No HOA
  • Forced Air Heating and Cooling System
  • 2-minute walk to Hagert Street Playground

About This Home

As of March 2021

This triplex building in East Kensington boasts freshly updated units with refinished floors, clean finishes, modern fixtures and new appliances! The first floor is a commercial space, home to the popular Franny Lou's Porch. The second floor is a 2bd/1ba unit with the 2 bedrooms in the front of the home, and the living room and kitchen at the rear. The living room features exposed brick accents, and has access to your private deck! The kitchen has stainless steel appliances, tile backsplash, and a window over the sink. Each room has recessed lighting, hardwood floors, and great natural light. The third floor unit is a 1bd/1ba with hardwoods, granite counters, laundry and private deck access. This income-producing property is perfect for the savvy investor or someone looking to live in one of the units and have the other two as rentals. Schedule your showing today! About The Neighborhood: This fabulous building is located in the Kensington neighborhood of Philadelphia, bordering Fishtown and close proximity to local favorites like Martha, Pizza Brain, Norris Square Park, Amalgam Comics & Coffee House, Urban Axes, and is above Franny Lou's Porch, another popular neighborhood spot!

Last Agent to Sell the Property

Ariel Morgenstein

(215) 740-6226 sales@jg-realestate.com JG Real Estate LLC License #2332837 Listed on: 10/05/2020

JG Real Estate LLC

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,960

Lot Details

  • 1,080 Sq Ft Lot
  • Lot Dimensions are 18.00 x 60.00

Home Design

  • Triplex
  • Traditional Architecture
  • Dwelling with Rental
  • Masonry

Interior Spaces

  • 2,574 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement

Parking

  • Public Parking
  • On-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number 871540990

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,960

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Dwelling With Rental, Unit/Flat, Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2020-10-05
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2574
  • Living Area Sq Ft: 2574
  • Price Per Sq Ft: 213.48
  • Above Grade Finished Sq Ft: 2574
  • 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
  • Parking Features: Public
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 226320.00
  • Land Assessed Value: 56580.00
  • Lot Size Acres: 0.02
  • Lot Dimensions: 18.00 x 60.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1080.00
  • Zoning: CMX1

Rental Info

  • Existing Lease Type: Yearly
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1065891
  • School Tax: 2173.00
  • Tax Annual Amount: 3960.00
  • Assessor Parcel Number: 871540990
  • Tax Lot: 26
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

Multi Family

  • Number Of Units Vacant: 1
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2020
Closed on
Mar 30, 2021
Sold by
2400 Coral Llc
Bought by
Hkt Enterprise Llc
Seller's Agent
Ariel Morgenstein
JG Real Estate LLC
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$599,900
Sold Price
$532,750
Premium/Discount to List
-$67,150
-11.19%
Current Estimated Value
$597,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,758
Avg. Annual Appreciation
2.54%
Original Mortgage
$480,000
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 3, 2018
Sold by
Roletter James G
Bought by
2400 Coral Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 17, 2014
Sold by
H V K Corp
Bought by
Roletter James G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 31, 1985
Bought by
Hvk Corp
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
Hkt Enterprise Llc $532,750 Philadelphia Closing Company
2400 Coral Llc $400,000 Foundation Abstract
Roletter James G $69,000 None Available
Hvk Corp $12,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hkt Enterprise Llc $480,000
Previous Owner 2400 Coral Llc $300,000
Previous Owner Roletter James G $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2021 03/31/21 Sold $532,750 -3.0% $207 / Sq Ft
01/04/2021 01/04/21 Pending -- -- --
11/13/2020 11/13/20 Price Changed $549,500 -3.4% $213 / Sq Ft
10/14/2020 10/14/20 Price Changed $569,000 -5.2% $221 / Sq Ft
10/05/2020 10/05/20 For Sale $599,900 -- $233 / 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 $4,157 $256,600 $51,320 $205,280
2025 $4,157 $256,600 $51,320 $205,280
2024 $4,157 $256,600 $51,320 $205,280
2023 $4,157 $297,000 $59,400 $237,600
2022 $3,960 $297,000 $59,400 $237,600
2021 $3,960 $0 $0 $0
2020 $3,960 $282,900 $56,580 $226,320
2019 $3,921 $0 $0 $0
2018 $3,777 $0 $0 $0
2017 $1,845 $0 $0 $0
2016 $1,845 $0 $0 $0
2015 $1,748 $0 $0 $0
2014 -- $131,800 $11,229 $120,571
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH940926

Bright MLS

APN: 871540990