NOT LISTED FOR SALE

Estimated Value: $1,188,580

4 Beds
4 Baths
2,664 Sq Ft
$446/Sq Ft Est. Value

Last Sold May 30, 2023

Last sale price $915,000 $343 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $7,001/month

126 Days on Market

Highlights

  • No HOA
  • 1-minute walk to 12Th-13Th & Locust St
  • Heating Available
  • Balcony
  • 4 Car Attached Garage
  • 4-minute walk to Kahn Park

About This Home

As of May 2023

This 3-unit multi-family opportunity with four car garage is on 12th Street between Locust and Spruce. The building runs from 12th Street, where the storefront was converted to a residential unit, to the quaint Sartain Street, where the two upstairs units are entered through the garage and center courtyard. The three residential units have all been recently updated and are in good condition. Currently, the area above the garage is a beautifully maintained outdoor garden but, with RM1 zoning, remains an opportunity for extending the property an additional two floors. The double wide, double deep garage currently accommodates four cars stacked. The property is extremely well located, steps from Penn Hospital,
Jefferson University Hospital, the 13th St commercial corridor, Avenue of the Arts and Washington Square.

Last Agent to Sell the Property

Kenneth Mallin

(267) 546-1710 kmallin@mpnrealty.com Mallin Panchelli Nadel Realty Inc License #RM424929 Listed on: 01/24/2023

Co-Listed By

Veronica Blum

(267) 546-1710 vblum@mpnrealty.com Mallin Panchelli Nadel Realty Inc

Last Buyer's Agent

Veronica Blum

(267) 546-1710 vblum@mpnrealty.com Mallin Panchelli Nadel Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,382

Year Built

  • Built in 1920

Lot Details

  • 1,620 Sq Ft Lot
  • Lot Dimensions are 18.00 x 90.00
  • Property is zoned RM1

Parking

  • 4 Car Attached Garage
  • Rear-Facing Garage

Home Design

  • Masonry

Interior Spaces

  • 2,664 Sq Ft Home
  • Property has 4 Levels
  • Basement
  • Laundry in Basement

Bedrooms and Bathrooms

Additional Features

  • Balcony
  • Urban Location
  • Heating Available

Community Details

  • No Home Owners Association
  • Washington Sq West Subdivision

Listing and Financial Details

  • Tax Lot 110
  • Assessor Parcel Number 871063500

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,382

Year Built

Built in 1920

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2, Upper 3
  • Year Built: 1920
  • Remarks Public: This 3-unit multi-family opportunity with four car garage is on 12th Street between Locust and Spruce. The building runs from 12th Street, where the storefront was converted to a residential unit, to the quaint Sartain Street, where the two upstairs units are entered through the garage and center courtyard. The three residential units have all been recently updated and are in good condition. Currently, the area above the garage is a beautifully maintained outdoor garden but, with RM1 zoning, remains an opportunity for extending the property an additional two floors. The double wide, double deep garage currently accommodates four cars stacked. The property is extremely well located, steps from Penn Hospital, Jefferson University Hospital, the 13th St commercial corridor, Avenue of the Arts and Washington Square.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Levels Count: 4
  • Basement: Yes
  • Laundry Type: Basement
  • Total Sq Ft: 2664
  • Living Area Sq Ft: 2664
  • Price Per Sq Ft: 469.22
  • Above Grade Finished Sq Ft: 2664
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 251

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Upper Level 2 Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Masonry
  • Road Surface Type: Alley, Paved
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Parking Features: Private
  • Garage Features: Garage - Rear Entry
  • Attached Garage Spaces: 4
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: No
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 479040.00
  • Land Assessed Value: 119760.00
  • Land Use Code: Y70
  • Lot Size Acres: 0.04
  • Lot Dimensions: 18.00 x 90.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1620.00
  • Outdoor Living Structures: Balcony, Roof
  • Year Assessed: 2023
  • Zoning: RM1

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Total Actual Rent: 69900.00
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 907870
  • School Tax: 4599.00
  • Tax Annual Amount: 8382.00
  • Assessor Parcel Number: 871063500
  • Tax Lot: 110
  • Tax Total Finished Sq Ft: 2664
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 05/30/2023

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2023
Closed on
May 24, 2023
Sold by
Christner Paul J
Bought by
Mir Group Llc
Seller's Agent
Kenneth Mallin
Mallin Panchelli Nadel Realty Inc
Buyer's Agent
Veronica Blum
Mallin Panchelli Nadel Realty Inc
List Price
$1,250,000
Sold Price
$915,000
Premium/Discount to List
-$335,000
-26.8%
Views
98
Current Estimated Value
$1,188,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,580
Original Mortgage
$1,266,250
Outstanding Balance
$1,231,297
Interest Rate
6.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2000
Sold by
Farrell Michael J
Bought by
Christner Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
8.3%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Mir Group Llc $915,000 None Listed On Document
Christner Paul $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mir Group Llc $1,266,250
Previous Owner Christner Paul $236,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2023 05/30/23 Sold $915,000 -26.8% $343 / Sq Ft
01/24/2023 01/24/23 For Sale $1,250,000 -- $469 / 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 $8,382 $690,800 $138,160 $552,640
2024 $8,382 $690,800 $138,160 $552,640
2023 $8,382 $598,800 $119,760 $479,040
2022 $7,551 $598,800 $119,760 $479,040
2021 $7,551 $0 $0 $0
2020 $7,551 $0 $0 $0
2019 $7,476 $0 $0 $0
2018 $7,259 $0 $0 $0
2017 $6,712 $0 $0 $0
2016 $6,712 $0 $0 $0
2015 $6,425 $0 $0 $0
2014 -- $479,500 $202,500 $277,000
2012 -- $72,000 $24,201 $47,799
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2196764

Bright MLS

APN: 871063500