NOT LISTED FOR SALE

Estimated Value: $760,000 - $963,902

-- Bed
5 Baths
4,500 Sq Ft
$192/Sq Ft Est. Value

Last Sold August 17, 2021

Last sale price $830,000 $184 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,802/month

66 Days on Market

Highlights

  • New Construction
  • 90% Forced Air Heating and Cooling System
  • Property is in excellent condition
  • No HOA

About This Home

As of August 2021

Welcome to “ Brand New Triplex ’’ that is situated in one of Philadelphia’s most desirable neighborhoods. It is located just east of Brewery town, Girard College and close Proximity to Fairmount. This amazing Triplex is not only in a convenient location, where property values are appreciating; but it's also located in the Qualified Opportunity Zone (QOZ), making this a very secure investment during the years. This massive and generous size Triplex is waiting its new owner to generate potential solid and steady income by collecting close to $6000 in a month. This amazing Triplex includes 3 spacious top-notch units with exclusive high-end finishes and amenities that you will enjoy live it. Throughout the property, you will find unparalleled luxuries such as custom flooring elegant kitchens which include brand new appliances and shaker cabinet. Plus high-efficiency windows and contemporary interior and exterior doors. Each unit includes custom bathrooms with beautifully designed tiles, vanities, glass enclosures and many other luxury features. The Unit #1 is an over 2000 SQFT extremely big bi-level unit that is 3 beds, 3 full baths, and a private backyard large enough for entertainment. Unit #1 has been already rented for one years and possibly 3 years at $2095 monthly. The apartment has already started to generate the money. The Unit #2 is over 1200 SQFT is 2 beds, 2,5 baths. The Unit #3 is over 1200 SQFT 2 beds and 1,5 half bath. All unit have a full access to roof top deck to enjoy gorgeous unobstructed views of the neighborhood from fiberglass private rooftop deck to relax and sunbathe or have friends over for a BBQ or an unforgettable rooftop party. Residents can benefit from bike rides or runs in nearby Fairmount Park, indulge in close by restaurants, cafes, and bars, or relax while taking a stroll on a trail that runs along the neighboring Schuylkill river. This Triplex is located in an amazing up and coming area that has a residential feel yet includes endless options of the city life within arms reach. This beauty offers 1 Builder Warranty and 10 Year Tax Abatement. Get in before prices get even higher. Interest rate and inventory are historically low. The product is amazing. The neighborhood is promising for appreciation and surrounded by new construction. Why would you wait? Please call agent for more information about the property to set up private showings.

Last Agent to Sell the Property

Gazi Ataseven

HomeSmart Realty Advisors License #RM426020 Listed on: 04/02/2021

HomeSmart Realty Advisors

Last Buyer's Agent

Ryan Bailey

Real of Pennsylvania License #RS228621

Real of Pennsylvania

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,768

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 1,395 Sq Ft Lot
  • Lot Dimensions are 15.50 x 90.00
  • Property is in excellent condition

Home Design

  • Triplex
  • Masonry

Utilities

  • 90% Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Finished Basement

Listing and Financial Details

  • Tax Lot 128
  • Assessor Parcel Number 291048800

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,768

Year Built

Built in 2021 | New Construction

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Ownership: Fee Simple
  • New Construction: Yes
  • Expected On Market: 2021-04-02
  • Year Built: 2021
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to “ Brand New Triplex ’’ that is situated in one of Philadelphia’s most desirable neighborhoods. It is located just east of Brewery town, Girard College and close Proximity to Fairmount. This amazing Triplex is not only in a convenient location, where property values are appreciating; but it's also located in the Qualified Opportunity Zone (QOZ), making this a very secure investment during the years. This massive and generous size Triplex is waiting its new owner to generate potential solid and steady income by collecting close to $6000 in a month. This amazing Triplex includes 3 spacious top-notch units with exclusive high-end finishes and amenities that you will enjoy live it. Throughout the property, you will find unparalleled luxuries such as custom flooring elegant kitchens which include brand new appliances and shaker cabinet. Plus high-efficiency windows and contemporary interior and exterior doors. Each unit includes custom bathrooms with beautifully designed tiles, vanities, glass enclosures and many other luxury features. The Unit #1 is an over 2000 SQFT extremely big bi-level unit that is 3 beds, 3 full baths, and a private backyard large enough for entertainment. Unit #1 has been already rented for one years and possibly 3 years at $2095 monthly. The apartment has already started to generate the money. The Unit #2 is over 1200 SQFT is 2 beds, 2,5 baths. The Unit #3 is over 1200 SQFT 2 beds and 1,5 half bath. All unit have a full access to roof top deck to enjoy gorgeous unobstructed views of the neighborhood from fiberglass private rooftop deck to relax and sunbathe or have friends over for a BBQ or an unforgettable rooftop party. Residents can benefit from bike rides or runs in nearby Fairmount Park, indulge in close by restaurants, cafes, and bars, or relax while taking a stroll on a trail that runs along the neighboring Schuylkill river. This Triplex is located in an amazing up and coming area that has a residential feel yet includes endless options of the city life within arms reach. This beauty offers 1 Builder Warranty and 10 Year Tax Abatement. Get in before prices get even higher. Interest rate and inventory are historically low. The product is amazing. The neighborhood is promising for appreciation and surrounded by new construction. Why would you wait? Please call agent for more information about the property to set up private showings.
  • Special Features: NewHome

Interior Features

  • Room Count: 7
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 4500
  • Living Area Sq Ft: 4500
  • Price Per Sq Ft: 242.83
  • Above Grade Finished Sq Ft: 3500
  • Below Grade Finished Sq Ft: 1000
  • Total Below Grade Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2429

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

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: 88441.00
  • Land Assessed Value: 37859.00
  • Land Use Code: O50
  • Lot Size Acres: 0.03
  • Lot Dimensions: 15.50 x 90.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1395.00
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: RM1

Rental Info

  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1055307
  • School Tax: 970.00
  • Tax Annual Amount: 1768.00
  • Assessor Parcel Number: 291048800
  • Tax Lot: 128
  • Tax Total Finished Sq Ft: 1721
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 08/17/2021

Multi Family

  • Number Of Units Vacant: 2

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2021
Closed on
Aug 17, 2021
Sold by
Nha Development Llc
Bought by
Bailey Ryan M and Treacy Orla R
Seller's Agent
Gazi Ataseven
HomeSmart Realty Advisors
Buyer's Agent
Ryan Bailey
Real of Pennsylvania
List Price
$849,900
Sold Price
$830,000
Premium/Discount to List
-$19,900
-2.34%
Current Estimated Value
$881,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,288
Avg. Annual Appreciation
1.78%
Original Mortgage
$584,340
Interest Rate
3.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 25, 2019
Sold by
Grubbs Carl Gordon
Bought by
Nha Development Llc

Purchase Details

Closed on
Aug 16, 1996
Sold by
Grubbs Carl D and Grubbs Earl
Bought by
Grubbs Carl D
Source: Public Records

Range of Values:

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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
Bailey Ryan M $827,500 Stone Abstract
Nha Development Llc $149,500 Choice One Abstract Inc
Grubbs Carl D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bailey Ryan M $584,340
Previous Owner Nha Development Llc $615,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2021 08/17/21 Sold $830,000 -2.3% $184 / Sq Ft
04/02/2021 04/02/21 For Sale $849,900 -- $189 / 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 $11,726 $925,600 $185,120 $740,480
2024 $11,726 $925,600 $185,120 $740,480
2023 $11,726 $837,700 $167,540 $670,160
2022 $1,768 $223,387 $167,540 $55,847
2021 $1,768 $0 $0 $0
2020 $1,768 $0 $0 $0
2019 $1,709 $0 $0 $0
2018 $1,011 $0 $0 $0
2017 $1,011 $0 $0 $0
2016 $591 $0 $0 $0
2015 $267 $0 $0 $0
2014 -- $49,900 $7,394 $42,506
2012 -- $3,392 $948 $2,444
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH1002036

Bright MLS

APN: 291048800