NOT LISTED FOR SALE

2532 Grays Ferry Ave Philadelphia, PA 19146

Southwest Center City Neighborhood

Estimated Value: $480,171 - $683,000

-- Bed
3 Baths
2,268 Sq Ft
$267/Sq Ft Est. Value

Last Sold May 24, 2017

Last sale price $357,000 $157 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,934/month

3 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Heating System Uses Gas

About This Home

As of May 2017

Spacious triplex in booming Graduate Hospital two blocks from Naval Square. All units are updated and rented on a month-to-month basis. First floor is a large studio with newer hardwood flooring and updated kitchen rented at 650. Second unit is a spacious one bedroom one bath bi-level apartment with exposed brick, rented at 850. Third unit is a spacious bi-level two bed one bath with deck off the rear of the second floor, rented for 1200. All utilities are separately metered. Great opportunity for owner occupant or as an investment property. Deep 65 foot lot also allows for two car parking behind building. Surrounded by new construction and vacant neighboring lots will soon be built upon.

Last Agent to Sell the Property

Kevin McNeal

Space & Company License #RS313831 Listed on: 01/11/2016

Space & Company

Last Buyer's Agent

Michael McCann

KW Empower License #AB049770L

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,049

Year Built

  • Built in 1966

Lot Details

  • 1,170 Sq Ft Lot
  • Lot Dimensions are 18x65

Parking

  • 2 Open Parking Spaces

Home Design

  • Triplex
  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,268 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 48
  • Assessor Parcel Number 302321700

Community Details

Overview

  • No Home Owners Association
  • Naval Square Subdivision

Building Details

  • Operating Expense $1,962

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,049

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1966
  • Remarks Public: Spacious triplex in booming Graduate Hospital two blocks from Naval Square. All units are updated and rented on a month-to-month basis. First floor is a large studio with newer hardwood flooring and updated kitchen rented at 650. Second unit is a spacious one bedroom one bath bi-level apartment with exposed brick, rented at 850. Third unit is a spacious bi-level two bed one bath with deck off the rear of the second floor, rented for 1200. All utilities are separately metered. Great opportunity for owner occupant or as an investment property. Deep 65 foot lot also allows for two car parking behind building. Surrounded by new construction and vacant neighboring lots will soon be built upon.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Hookup
  • Total Sq Ft: 2268
  • Living Area Sq Ft: 2268
  • Price Per Sq Ft: 145.06
  • Above Grade Finished Sq Ft: 2268
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2532

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • 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: 107311.00
  • Land Assessed Value: 39089.00
  • Land Use Code: U50
  • Lot Size Acres: 0.03
  • Lot Dimensions: 18X65
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1170.00
  • Property Attached Yn: Yes
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 1064325
  • Tax Annual Amount: 2049.00
  • Assessor Parcel Number: 302321700
  • Tax Lot: 48
  • Tax Year: 2017
  • Close Date: 05/24/2017

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2016
Closed on
May 23, 2017
Sold by
Chughtai Mohammad Arshad
Bought by
Goldstein Michael B
Seller's Agent
Kevin McNeal
Space & Company
Buyer's Agent
Michael McCann
KW Empower
List Price
$329,000
Sold Price
$357,000
Premium/Discount to List
$28,000
8.51%
Current Estimated Value
$604,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,806
Avg. Annual Appreciation
6.42%
Original Mortgage
$267,750
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 25, 2004
Sold by
White Dorothy and Bonner Jerome
Bought by
Chughtai Mohammad Arshad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,200
Interest Rate
6.08%
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
Goldstein Michael B $357,000 None Available
Chughtai Mohammad Arshad $109,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goldstein Michael B $261,000
Closed Goldstein Michael B $267,750
Previous Owner Chughtai Mohammad $180,000
Previous Owner Chughtai Mohammad Arshad $87,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2017 05/24/17 Sold $357,000 +8.5% $157 / Sq Ft
01/14/2016 01/14/16 Pending -- -- --
01/11/2016 01/11/16 For Sale $329,000 -- $145 / 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 $7,467 $622,700 $124,540 $498,160
2024 $7,467 $622,700 $124,540 $498,160
2023 $7,467 $533,400 $106,680 $426,720
2022 $6,972 $533,400 $106,680 $426,720
2021 $6,972 $0 $0 $0
2020 $6,972 $0 $0 $0
2019 $7,135 $0 $0 $0
2018 $2,049 $0 $0 $0
2017 $2,049 $0 $0 $0
2016 $2,049 $0 $0 $0
2015 $1,962 $0 $0 $0
2014 -- $146,400 $37,043 $109,357
2012 -- $6,592 $1,580 $5,012
Source: Public Records

Agents Affiliated with this Home

  • Kevin McNeal

    Seller's Agent in 2017

    Kevin McNeal

    Space & Company

    (617) 669-4067

    7 in this area

    36 Total Sales

    Section Image
  • Michael McCann

    Buyer's Agent in 2017

    Michael McCann

    KW Empower

    (215) 778-0901

    68 in this area

    1,790 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: 1003641563

Bright MLS

APN: 302321700

Pennsylvania Philadelphia County Philadelphia 19146 Southwest Center City

2532 Grays Ferry Ave, Philadelphia, PA

This home is located at 2532 Grays Ferry Ave, Philadelphia, PA 19146 since 11 January 2016 and is currently estimated at $606,057, approximately $267 per square foot. This property was built in 1966. 2532 Grays Ferry Ave is a home located in Philadelphia County with nearby schools including Chester A. Arthur School, Universal Institute Charter School, and The Philadelphia School.

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