NOT LISTED FOR SALE

Estimated Value: $691,000 - $844,326

-- Bed
3 Baths
3,000 Sq Ft
$262/Sq Ft Est. Value

Last Sold October 21, 2019

Last sale price $589,000 $196 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,703/month

4 Days on Market

Highlights

  • Traditional Architecture
  • Bay Window
  • Hot Water Heating System
  • No HOA
  • Ceiling Fan
  • 4-minute walk to Spruce Hill Bird Sanctuary

About This Home

As of October 2019

Whether you're a first-time investor, or a longtime landlord adding to your rental portfolio, you can't go wrong with this fully-rented 3.5-story triplex in the very heart of University City. It's on a small Garden Court block just around the corner from 46th & Spruce Sts., about 6 blocks west of the UPenn campus. Two 1-BR apartments, plus a 3-BR bilevel, are producing an annual gross income of $46,900. The attractive apartments - classic, well-cared-for, and with many updates - are a snap to rent.

Last Agent to Sell the Property

Jeff Block

Compass RE License #AB065556 Listed on: 09/05/2019

Compass RE

Co-Listed By

Melani Lamond

Compass RE License #AB048377L

Last Buyer's Agent

Jeff Block

Compass RE License #AB065556 Listed on: 09/05/2019

Compass RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,907

Year Built

  • Built in 1925

Lot Details

  • 1,696 Sq Ft Lot
  • Lot Dimensions are 16.00 x 106.00
  • Back and Front Yard

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Masonry

Interior Spaces

  • 3,000 Sq Ft Home
  • Ceiling Fan
  • Bay Window
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Exterior Lighting

Utilities

  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number 461184800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,907

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: AC units belong to tenants.
  • Inclusions: 3 ranges, 3 refrigerators, 3 dishwashers, 2 washers, 2 dryers, 1 combo washer and dryer.
  • New Construction: No
  • Year Built: 1925
  • Remarks Public: Whether you're a first-time investor, or a longtime landlord adding to your rental portfolio, you can't go wrong with this fully-rented 3.5-story triplex in the very heart of University City. It's on a small Garden Court block just around the corner from 46th & Spruce Sts., about 6 blocks west of the UPenn campus. Two 1-BR apartments, plus a 3-BR bilevel, are producing an annual gross income of $46,900. The attractive apartments - classic, well-cared-for, and with many updates - are a snap to rent.
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Window Features: Bay/Bow
  • Room Count: 11
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3000
  • Living Area Sq Ft: 3000
  • Price Per Sq Ft: 196.33
  • Above Grade Finished Sq Ft: 3000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 247

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry, Brick
  • Exterior Features: Exterior Lighting, Sidewalks
  • 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: No
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • 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: 358731.00
  • Land Assessed Value: 63269.00
  • Land Use Code: U60
  • Lot Features: Front Yard, Rear Yard
  • Lot Size Acres: 0.04
  • Lot Dimensions: 16.00 x 106.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1696.00
  • Year Assessed: 2020
  • Zoning: RM1

Rental Info

  • Existing Lease Type: Yearly
  • Total Actual Rent: 46900.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1215768
  • School Tax: 3241.00
  • Tax Annual Amount: 5907.00
  • Assessor Parcel Number: 461184800
  • Tax Lot: 39
  • Tax Total Finished Sq Ft: 2604
  • Tax Data Updated: Yes
  • Tax Year: 2020
  • Close Date: 10/21/2019

Multi Family

  • 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
Sep 5, 2019
Closed on
Oct 21, 2019
Sold by
Bamford Diana R and Bamford David A
Bought by
Jiang Xing
Seller's Agent
Jeff Block
Compass RE
Buyer's Agent
Jeff Block
Compass RE
List Price
$589,000
Sold Price
$589,000
Total Days on Market
4
Current Estimated Value
$785,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,442
Avg. Annual Appreciation
4.94%
Original Mortgage
$471,000
Outstanding Balance
$414,435
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$366,825

Purchase Details

Closed on
Feb 12, 2011
Sold by
Bamford David A and Bamford Diana R
Bought by
Bamford Diana R

Purchase Details

Closed on
Sep 21, 2010
Sold by
Bamford Diana R
Bought by
Bamford David A and Bamford Diana R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,700
Interest Rate
4.44%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 30, 2010
Sold by
Bamford David A and Bamford Diana R
Bought by
Bamford Diana R

Purchase Details

Closed on
Jun 28, 2005
Sold by
Brown Marvin G
Bought by
Bamford David A and Bamford Diana R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
5.67%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 1, 2003
Sold by
Schaffer Craig
Bought by
Brown Marvin G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
5.34%
Mortgage Type
Commercial
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
Jiang Xing $589,000 Commonground Abstract Llc
Bamford Diana R -- None Available
Bamford David A -- None Available
Bamford Diana R -- None Available
Bamford David A $385,000 --
Brown Marvin G $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jiang Xing $471,000
Previous Owner Bamford David A $285,700
Previous Owner Bamford David A $308,000
Previous Owner Brown Marvin G $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2019 10/21/19 Sold $589,000 0.0% $196 / Sq Ft
09/09/2019 09/09/19 Pending -- -- --
09/05/2019 09/05/19 For Sale $589,000 -- $196 / 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 $5,181 $628,200 $125,640 $502,560
2024 $5,181 $628,200 $125,640 $502,560
2023 $5,181 $370,100 $74,020 $296,080
2022 $5,907 $370,100 $74,020 $296,080
2021 $5,907 $0 $0 $0
2020 $5,907 $0 $0 $0
2019 $5,686 $0 $0 $0
2018 $4,591 $0 $0 $0
2017 $4,591 $0 $0 $0
2016 $4,591 $0 $0 $0
2015 $5,269 $0 $0 $0
2014 -- $393,200 $53,177 $340,023
2012 -- $29,088 $5,275 $23,813
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH830482

Bright MLS

APN: 461184800