NOT LISTED FOR SALE

2406 W Thompson St Philadelphia, PA 19121

Sharswood Neighborhood

Estimated Value: $383,000 - $815,000

-- Bed
3 Baths
1,800 Sq Ft
$312/Sq Ft Est. Value

Last Sold April 18, 2022

Last sale price $725,000 $403 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $3,181/month

Highlights

  • Remodeled in 2022
  • Enclosed Patio or Porch
  • Property is in excellent condition
  • Deck
  • Forced Air Heating and Cooling System

About This Home

As of April 2022

Looking for a great investment opportunity in BOOMING Brewerytown? Invest/own/rent in Philadelphia and experience above average rent growth and asset appreciation. This is a full gut rehab multifamily triplex in the Brewerytown submarket of Philadelphia. Vinyl floors, granite counters, beautiful fixtures and finishes throughout. Each unit has outdoor space with substantial sunlight exposure. Unit 1 = first floor, backyard, and basement 2bd x 1ba. Unit 2 = 2nd floor with balcony 2bd x 1ba . Unit 3 = 3rd floor with balcony 2bd x 1ba. The property is currently vacant. Perfect opportunity for someone who is looking to live in one unit and rent other units to friends.
The property come with a 1yr builder warranty AND10yr tax abatement!

Can also be purchased with property next door, 2404 W Thompson St.

Last Agent to Sell the Property

Saj Shah

(609) 634-8735 sshah@prestigegroup.com Prestige Group Inc License #RS346143 Listed on: 02/23/2022

Last Buyer's Agent

Jim Roche

(928) 287-9332 Jim@JRPhilly.com KW Empower License #RS332204

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,030

Year Built

  • Built in 1915 | Remodeled in 2022

Lot Details

  • 1,278 Sq Ft Lot
  • Lot Dimensions are 18.00 x 71.00
  • Property is in excellent condition

Parking

  • On-Street Parking

Home Design

  • 1,800 Sq Ft Home
  • Triplex
  • Masonry

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 291039010

Community Details

Overview

  • 3 Units
  • 4-Story Building
  • Brewerytown Subdivision

Building Details

  • 3 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,030

Year Built

Built in 1915 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Inclusions: Fridge, Microwave, W/D
  • New Construction: Yes
  • Year Built: 1915
  • Year Renovated: 2022
  • Automatically Close On Close Date: No
  • Remarks Public: Looking for a great investment opportunity in BOOMING Brewerytown? Invest/own/rent in Philadelphia and experience above average rent growth and asset appreciation. This is a full gut rehab multifamily triplex in the Brewerytown submarket of Philadelphia. Vinyl floors, granite counters, beautiful fixtures and finishes throughout. Each unit has outdoor space with substantial sunlight exposure. Unit 1 = first floor, backyard, and basement 2bd x 1ba. Unit 2 = 2nd floor with balcony 2bd x 1ba . Unit 3 = 3rd floor with balcony 2bd x 1ba. The property is currently vacant. Perfect opportunity for someone who is looking to live in one unit and rent other units to friends. The property come with a 1yr builder warranty AND10yr tax abatement! Can also be purchased with property next door, 2404 W Thompson St.
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1800
  • Living Area Sq Ft: 1800
  • Price Per Sq Ft: 402.78
  • Above Grade Finished Sq Ft: 1800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2406

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

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.03
  • Lot Dimensions: 18.00 x 71.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1278.00
  • Outdoor Living Structures: Deck(s), Patio(s), Enclosed
  • Property Condition: Excellent
  • Zoning: RM1

Rental Info

  • Rent Control: No
  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 3

Tax Info

  • Assessor Parcel Number: 1055246
  • Tax Annual Amount: 1030.00
  • Assessor Parcel Number: 291039010
  • Tax Year: 2022
  • Close Date: 04/18/2022

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2022
Closed on
Apr 18, 2022
Sold by
Onekeyhomes Phl Llc
Bought by
Yun Anna
Seller's Agent
Saj Shah
Prestige Group Inc
Buyer's Agent
Jim Roche
KW Empower
List Price
$725,000
Sold Price
$725,000
Current Estimated Value
$561,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$164,000
Avg. Annual Appreciation
-8.55%
Original Mortgage
$500,000
Outstanding Balance
$470,558
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$63,442

Purchase Details

Closed on
Oct 9, 2020
Sold by
Lavine Family Revocable Trust and Lavine Harry
Bought by
2404-06 W Thompson Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$643,500
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 31, 2019
Sold by
Rodino Properties Lp
Bought by
Lavine Harry and Lavine Julie

Purchase Details

Closed on
Sep 12, 2014
Sold by
Zenith Real Estate Inc
Bought by
Rodino Properties Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
4.13%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 24, 2012
Sold by
Philadephia Housing Authority
Bought by
Zenith Real Estate Inc
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
Yun Anna $725,000 None Listed On Document
2404-06 W Thompson Partners Llc $167,000 Trident Land Transfer
Lavine Harry $150,000 None Available
Rodino Properties Lp $75,000 None Available
Zenith Real Estate Inc $49,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yun Anna $500,000
Previous Owner 2404 06 W Thompson Partners Llc $643,500
Previous Owner Rodino Properties Lp $93,000
Previous Owner Rodino Properties Lp $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2022 04/18/22 Sold $725,000 0.0% $403 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
02/23/2022 02/23/22 For Sale $725,000 -- $403 / 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 $2,300 $408,600 $81,720 $326,880
2024 $2,300 $408,600 $81,720 $326,880
2023 $2,300 $164,300 $32,800 $131,500
2022 $1,030 $164,300 $32,800 $131,500
2021 $1,030 $0 $0 $0
2020 $1,030 $0 $0 $0
2019 $997 $0 $0 $0
2018 $354 $0 $0 $0
2017 $354 $0 $0 $0
2016 $354 $0 $0 $0
2015 $370 $0 $0 $0
2014 -- $27,600 $5,179 $22,421
2012 -- $2,560 $612 $1,948
Source: Public Records

Agents Affiliated with this Home

  • Saj Shah

    Seller's Agent in 2022

    Saj Shah

    Prestige Group Inc

    (609) 634-8735

    1 in this area

    8 Total Sales

    Saj Shah
    Section Image
  • Jim Roche

    Buyer's Agent in 2022

    Jim Roche

    KW Empower

    (928) 287-9332

    2 in this area

    973 Total Sales

    Jim Roche
    Section Image
  • Ron Halbruner

    Buyer Co-Listing Agent in 2022

    Ron Halbruner

    Keller Williams Realty - Cherry Hill

    (609) 602-5762

    1 in this area

    210 Total Sales

    Ron Halbruner
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH2086782

Bright MLS

APN: 291039010

Pennsylvania Philadelphia County Philadelphia 19121 Sharswood

2406 W Thompson St, Philadelphia, PA

This home is located at 2406 W Thompson St, Philadelphia, PA 19121 since 23 February 2022 and is currently estimated at $561,000, approximately $311 per square foot. This property was built in 1915. 2406 W Thompson St is a home located in Philadelphia County with nearby schools including Morris Robert School, Vaux High School: A. Big Picture School, and The City School-Fairmount Campus.

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