NOT LISTED FOR SALE

Estimated Value: $155,000 - $258,000

-- Bed
-- Bath
1,408 Sq Ft
$155/Sq Ft Est. Value

Last Sold May 21, 2018

Last sale price $153,000 $109 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,449/month

4 Days on Market

Highlights

  • Wood Flooring
  • 3-minute walk to Elmwood Avenue And 71St Street
  • Radiator
  • No HOA
  • En-Suite Primary Bedroom
  • Southwest Facing Home

About This Home

As of May 2018

FANTASTIC opportunity for an Owner Occupy or Investor! Property is setup as TRIPLEX. Welcome to this Corner TRIPLEX End-Unit Row that rarely goes on sale in this area! Updated & well-maintained Row/Town TRIPLEX welcomes you w/ 3 good-sized units that consist of 1 bedroom, 1 full bath, living room, full kitchen on every unit. Above-Ground Basement is currently vacant & could easily rent for $550/month. It consist of 1 Bedroom & Living Room with laminate floors & recessed lights; Full Kitchen w/ tile floors & recessed lights; Full Bathroom w/ single vanity, toilet & tub w/ tile walls. 1st Floor rents for $500/month & it features a front enclosed porch that leads you to a nice Living Room with beautiful, original hardwood floors & recessed lightings that goes through the Kitchen; Bedroom consist of laminate floors; Full Bathroom consists of single vanity, toilet & tub with tile walls. 2nd Floor rents for $600/month & it consists of a good size Bedroom with nice, original hardwood floors, another bedroom/living room also w/ gorgeous original hardwood floors, Eat-in Kitchen w/ tile floors, beautiful Full Bath w/ single vanity, toilet & tub w/ nice tile walls & floorings. Access from behind property (behind Above-Ground Basement) is the mechanical area. It has 3 water heaters (1 meter), 3 gas heaters (3 meters), & 3 electric boxes (3 meters). Long-Term Tenants occupied & are currently on a month-to-month lease. Property can be delivered vacant prior to settlement or Tenants can stay. Rent is a little below market, but can easily get higher than current rent. Tenants pay for gas & electric, Owner pays for Water. Buyer is responsible for verification of zoning & variance use/change. This TRIPLEX is updated & well-maintained. Tenants take very good care of the units. Septa bus stops & public transportation are at every corner! Conveniently located near schools, restaurants, shops, grocery store, Supermarkets, parks and Center City! Easy access to all major highways! Minutes away from Drexel University, University of Pennsylvania, University of the Sciences, Center City Convention Center, Reading Terminal Market, Comcast Center, Chinatown, Philadelphia's International Airport, Auto Mall, Penns Landing, Sports Complex & Xfinity Live Entertainment Center! PRICED VERY COMPETITIVELY TO SELL!! GREAT for Buyer to live in one & collect rent on the other units! Investors who want instant income!!! Selling in AS-IS condition! Get an offer in quickly before it's gone!

Last Agent to Sell the Property

Phong Lam, CSM

Century 21 Advantage Gold-South Philadelphia License #RS307378 Listed on: 04/01/2018

Century 21 Advantage Gold-South Philadelphia

Last Buyer's Agent

Jennifer Geddes

KW Empower License #RS321126

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $738

Lot Details

  • 1,136 Sq Ft Lot
  • Lot Dimensions are 16x71
  • Southwest Facing Home
  • Property is in good condition

Home Design

  • 1,408 Sq Ft Home
  • Triplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation
  • Shingle Siding
  • Vinyl Siding

Flooring

  • Wood
  • Laminate
  • Tile or Brick

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Private Parking
  • Shared Driveway
  • On-Street Parking

Schools

  • John M Patterson Elementary School
  • William Tilden Middle School
  • John Batram High School

Utilities

  • Radiator
  • Heating System Uses Gas
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 404002800

Community Details

Overview

  • No Home Owners Association
  • Philadelphia Subdivision

Building Details

  • Insurance Expense $550
  • Operating Expense $2,188

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$738

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Inclusions: Stove/Range For All 3 Units, Only 1 Refrigerator On Highest Floor Unit
  • New Construction: No
  • Remarks Public: FANTASTIC opportunity for an Owner Occupy or Investor! Property is setup as TRIPLEX. Welcome to this Corner TRIPLEX End-Unit Row that rarely goes on sale in this area! Updated & well-maintained Row/Town TRIPLEX welcomes you w/ 3 good-sized units that consist of 1 bedroom, 1 full bath, living room, full kitchen on every unit. Above-Ground Basement is currently vacant & could easily rent for $550/month. It consist of 1 Bedroom & Living Room with laminate floors & recessed lights; Full Kitchen w/ tile floors & recessed lights; Full Bathroom w/ single vanity, toilet & tub w/ tile walls. 1st Floor rents for $500/month & it features a front enclosed porch that leads you to a nice Living Room with beautiful, original hardwood floors & recessed lightings that goes through the Kitchen; Bedroom consist of laminate floors; Full Bathroom consists of single vanity, toilet & tub with tile walls. 2nd Floor rents for $600/month & it consists of a good size Bedroom with nice, original hardwood floors, another bedroom/living room also w/ gorgeous original hardwood floors, Eat-in Kitchen w/ tile floors, beautiful Full Bath w/ single vanity, toilet & tub w/ nice tile walls & floorings. Access from behind property (behind Above-Ground Basement) is the mechanical area. It has 3 water heaters (1 meter), 3 gas heaters (3 meters), & 3 electric boxes (3 meters). Long-Term Tenants occupied & are currently on a month-to-month lease. Property can be delivered vacant prior to settlement or Tenants can stay. Rent is a little below market, but can easily get higher than current rent. Tenants pay for gas & electric, Owner pays for Water. Buyer is responsible for verification of zoning & variance use/change. This TRIPLEX is updated & well-maintained. Tenants take very good care of the units. Septa bus stops & public transportation are at every corner! Conveniently located near schools, restaurants, shops, grocery store, Supermarkets, parks and Center City! Easy access to all major highways! Minutes away from Drexel University, University of Pennsylvania, University of the Sciences, Center City Convention Center, Reading Terminal Market, Comcast Center, Chinatown, Philadelphia's International Airport, Auto Mall, Penns Landing, Sports Complex & Xfinity Live Entertainment Center! PRICED VERY COMPETITIVELY TO SELL!! GREAT for Buyer to live in one & collect rent on the other units! Investors who want instant income!!! Selling in AS-IS condition! Get an offer in quickly before it's gone!
  • Special Features: None

Interior Features

  • Flooring Type: Wood, Tile/Brick, Laminated
  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Fully Finished
  • Total Sq Ft: 1408
  • Living Area Sq Ft: 1408
  • Price Per Sq Ft: 106.46
  • Above Grade Finished Sq Ft: 1408
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2401

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Brick, Shingle Siding
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 1
  • Parking Features: Street, Private, Shared Driveway
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: On Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 900.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • Elementary School: JOHN M PATTERSON SCHOOL
  • Middle School: WILLIAM TILDEN
  • High School: JOHN BATRAM
  • School District Key: 300200397108
  • Elementary School: JOHN M PATTERSON SCHOOL
  • High School: JOHN BATRAM
  • Middle Or Junior School: WILLIAM TILDEN

Lot Info

  • Improvement Assessed Value: 44004.00
  • Land Assessed Value: 8696.00
  • Land Use Code: U30
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16X71
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1136.00
  • Property Condition: Good
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 19800.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 1163736
  • Tax Annual Amount: 738.00
  • Assessor Parcel Number: 404002800
  • Tax Lot: 36
  • Tax Year: 2018
  • Close Date: 05/21/2018

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2018
Closed on
May 21, 2018
Sold by
Deneke Yonas C
Bought by
Franklin Hernand
Seller's Agent
Phong Lam, CSM
Century 21 Advantage Gold-South Philadelphia
Buyer's Agent
Jennifer Geddes
KW Empower
List Price
$149,900
Sold Price
$153,000
Premium/Discount to List
$3,100
2.07%
Current Estimated Value
$217,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,607
Avg. Annual Appreciation
4.96%
Original Mortgage
$150,228
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 20, 2009
Sold by
Cipolloni Dolores N and Cipolloni Michael
Bought by
Deneke Yonas C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,677
Interest Rate
5.18%
Mortgage Type
FHA

Purchase Details

Closed on
May 31, 1996
Sold by
Cipolloni Dolores N
Bought by
Cipolloni Dolores N and Cipolloni Michael
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
Franklin Hernand $153,000 Core Abstract
Deneke Yonas C $73,000 None Available
Cipolloni Dolores N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franklin Bernard $34,228
Closed Franklin Hernand $150,228
Previous Owner Deneke Yonas C $71,677
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2018 05/21/18 Sold $153,000 0.0% $109 / Sq Ft
04/06/2018 04/06/18 Off Market $153,000 -- --
04/05/2018 04/05/18 Pending -- -- --
04/01/2018 04/01/18 For Sale $149,900 -- $106 / 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 $3,158 $175,600 $35,100 $140,500
2024 $3,158 $175,600 $35,100 $140,500
2023 $3,158 $225,600 $45,120 $180,480
2022 $1,204 $225,600 $45,120 $180,480
2021 $1,204 $0 $0 $0
2020 $1,204 $0 $0 $0
2019 $1,050 $0 $0 $0
2018 $738 $0 $0 $0
2017 $738 $0 $0 $0
2016 $738 $0 $0 $0
2015 $870 $0 $0 $0
2014 -- $64,900 $6,981 $57,919
2012 -- $11,008 $1,318 $9,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000328668

Bright MLS

APN: 404002800