NOT LISTED FOR SALE

2427 Brown St Philadelphia, PA 19130

Fairmount Neighborhood

Estimated Value: $682,832 - $834,000

-- Bed
3 Baths
2,808 Sq Ft
$277/Sq Ft Est. Value

Last Sold December 20, 2018

Last sale price $590,000 $210 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,951/month

12 Days on Market

Highlights

  • No HOA
  • Heating System Uses Gas
  • 3-minute walk to Eastern State Playpen
  • En-Suite Primary Bedroom

About This Home

As of December 2018

Phenomenal investment opportunity in Fairmount! Fantastic, fully-rented triplex in outstanding condition and prime location. 100% turnkey, rare opportunity! Ground-floor 1 bed den with fantastic light, open, spacious layout, updated kitchen with 42" cabinets, ceramic backsplash. Gorgeous 2nd-floor 1 bed den with wide-open layout, newer kitchen with maple cabinets, updated appliances, breakfast bar. Third-floor 2 bed. In-unit laundry for all three units. Shows nicely!

Last Agent to Sell the Property

Matthew Greene

Coldwell Banker Realty Listed on: 10/31/2018

Coldwell Banker Realty

Last Buyer's Agent

Frank DeFazio

BHHS Fox & Roach-Center City Walnut

BHHS Fox & Roach-Center City Walnut

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,603

Year Built

  • Built in 1915

Lot Details

  • 1,233 Sq Ft Lot
  • Lot Dimensions are 18x68

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,808 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Parking

  • Public Parking
  • On-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 181
  • Assessor Parcel Number 152261700

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Art Museum Area Subdivision

Building Details

  • Electric Expense $360
  • Insurance Expense $1,900
  • Other Expense $250
  • Operating Expense $12,393

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,603

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 250.00
  • Year Built: 1915
  • Remarks Public: Phenomenal investment opportunity in Fairmount! Fantastic, fully-rented triplex in outstanding condition and prime location. 100% turnkey, rare opportunity! Ground-floor 1 bed den with fantastic light, open, spacious layout, updated kitchen with 42" cabinets, ceramic backsplash. Gorgeous 2nd-floor 1 bed den with wide-open layout, newer kitchen with maple cabinets, updated appliances, breakfast bar. Third-floor 2 bed. In-unit laundry for all three units. Shows nicely!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Washer In Unit
  • Total Sq Ft: 2808
  • Living Area Sq Ft: 2808
  • Price Per Sq Ft: 222.58
  • Above Grade Finished Sq Ft: 2808
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2427

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • 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: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Electric Expense: 360.00
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1280.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Improvement Assessed Value: 430220.00
  • Land Assessed Value: 184380.00
  • Land Use Code: U50
  • Lot Size Acres: 0.03
  • Lot Dimensions: 18X68
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1233.00
  • Zoning: CMX1

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 43140.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 966487
  • Tax Annual Amount: 8603.00
  • Assessor Parcel Number: 152261700
  • Tax Lot: 181
  • Tax Year: 2018
  • Close Date: 12/20/2018

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2018
Closed on
Dec 20, 2018
Sold by
Krakow Howard and Krakow Jonah
Bought by
Brown St Investors Ii Llc
Seller's Agent
Matthew Greene
Coldwell Banker Realty
Buyer's Agent
Frank DeFazio
BHHS Fox & Roach-Center City Walnut
List Price
$625,000
Sold Price
$590,000
Premium/Discount to List
-$35,000
-5.6%
Current Estimated Value
$775,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,333
Avg. Annual Appreciation
3.94%

Purchase Details

Listed on
Sep 4, 2013
Closed on
Mar 28, 2014
Sold by
Heffron Charles D
Bought by
Krakow Howard and Krakow Jonah
Seller's Agent
Edward Welch
Higgins & Welch Real Estate, Inc.
Buyer's Agent
Asher Kahn
Elfant Wissahickon-Mt Airy
List Price
$499,999
Sold Price
$475,000
Premium/Discount to List
-$24,999
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.69%
Original Mortgage
$332,000
Interest Rate
3.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 31, 1977
Bought by
Heffron Charles D S and Heffron M
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
Brown St Investors Ii Llc $590,000 None Available
Krakow Howard $475,000 None Available
Heffron Charles D S $21,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown St Investors Ii Llc $447,000
Previous Owner Krakow Howard $332,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2018 12/20/18 Sold $590,000 -5.6% $210 / Sq Ft
11/12/2018 11/12/18 Pending -- -- --
10/31/2018 10/31/18 For Sale $625,000 +31.6% $223 / Sq Ft
03/28/2014 03/28/14 Sold $475,000 -5.0% $169 / Sq Ft
02/20/2014 02/20/14 Pending -- -- --
09/04/2013 09/04/13 For Sale $499,999 -- $178 / 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 $8,729 $670,200 $134,000 $536,200
2024 $8,729 $670,200 $134,000 $536,200
2023 $8,729 $623,600 $124,720 $498,880
2022 $7,306 $623,600 $124,720 $498,880
2021 $7,306 $0 $0 $0
2020 $7,306 $0 $0 $0
2019 $7,070 $0 $0 $0
2018 $8,603 $0 $0 $0
2017 $8,603 $0 $0 $0
2016 $8,603 $0 $0 $0
2015 $8,236 $0 $0 $0
2014 -- $614,600 $68,147 $546,453
2012 -- $38,016 $12,958 $25,058
Source: Public Records

Agents Affiliated with this Home

  • Matthew Greene

    Seller's Agent in 2018

    Matthew Greene

    Coldwell Banker Realty

    (717) 203-9514

    9 in this area

    164 Total Sales

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  • Frank DeFazio

    Buyer's Agent in 2018

    Frank DeFazio

    BHHS Fox & Roach

    (610) 636-4364

    18 in this area

    269 Total Sales

    Section Image
  • Edward Welch

    Seller's Agent in 2014

    Edward Welch

    Higgins & Welch Real Estate, Inc.

    (610) 331-7655

    3 in this area

    148 Total Sales

    Section Image

  • M

    Seller Co-Listing Agent in 2014

    Mark ZWICK

    KW Empower

    21 Total Sales

    Section Image
  • Asher Kahn

    Buyer's Agent in 2014

    Asher Kahn

    Elfant Wissahickon-Mt Airy

    (908) 794-1486

    10 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH101344

Bright MLS

APN: 152261700

Pennsylvania Philadelphia County Philadelphia 19130 Fairmount

2427 Brown St, Philadelphia, PA

This home is located at 2427 Brown St, Philadelphia, PA 19130 since 31 October 2018 and is currently estimated at $778,944, approximately $277 per square foot. This property was built in 1915. 2427 Brown St is a home located in Philadelphia County with nearby schools including Bache-Martin School, Benjamin Franklin High School, and The City School-Fairmount Campus.

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