NOT LISTED FOR SALE

Estimated Value: $1,899,000 - $2,708,000

-- Bed
-- Bath
4,676 Sq Ft
$481/Sq Ft Est. Value

Last Sold August 03, 2018

Last sale price $1,525,000 $326 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $15,174/month

29 Days on Market

Highlights

  • No HOA
  • Central Air
  • 1-minute walk to Three Bears Park
  • En-Suite Primary Bedroom
  • Heating System Uses Gas

About This Home

As of August 2018

ATTENTION DEVELOPERS ? Here is the BY RIGHT development project you've been looking for. This property is zoned RM-1 and lot size allows for 6 residential units by right ? condos or apartments. Owners have done a feasibility study for 5 units (4 bi-level and 1 flat) which is available for download in the Seller's Disclosure section. Interior square footages are roughly 5,900 SF above grade and 7,100 SF including basement. This property has all original features including 7 fireplaces and 14 foot high ceilings and is in excellent condition. 262 S 3rd St has a tremendous history as one of the only brownstone properties in Society Hill and originally owned by Michel Bouvier. Before Jacqueline Kennedy Onassis was married to John F. Kennedy and forever linked to American politics and history, she was Jackie Bouvier - descended from a family linked to Napoleon-era France.

Last Agent to Sell the Property

Frank DeFazio

BHHS Fox & Roach-Center City Walnut Listed on: 03/28/2018

BHHS Fox & Roach-Center City Walnut

Last Buyer's Agent

Jin Mei

White Acre Realty License #AB068172

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,069

Year Built

  • Built in 1910

Lot Details

  • 2,700 Sq Ft Lot
  • Lot Dimensions are 20x135

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 4,676 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 136
  • Assessor Parcel Number 051064000

Community Details

Overview

  • No Home Owners Association
  • Society Hill Subdivision

Building Details

  • Operating Expense $20,069

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,069

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1910
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Has Laundry
  • Total Sq Ft: 4676
  • Living Area Sq Ft: 4676
  • Price Per Sq Ft: 342.17
  • Above Grade Finished Sq Ft: 4676
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 262

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: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • 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

  • Land Use Code: O60
  • Lot Size Acres: 0.06
  • Lot Dimensions: 20X135
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2700.00
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

Tax Info

  • Tax Annual Amount: 20069.00
  • Assessor Parcel Number: 051064000
  • Tax Lot: 136
  • Tax Year: 2018
  • Close Date: 08/03/2018

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2018
Closed on
Jul 13, 2018
Sold by
262 S 3Rd St Llc
Bought by
Yu Ning
Seller's Agent
Frank DeFazio
BHHS Fox & Roach-Center City Walnut
Buyer's Agent
Jin Mei
White Acre Realty
List Price
$1,650,000
Sold Price
$1,525,000
Premium/Discount to List
-$125,000
-7.58%
Current Estimated Value
$2,429,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$904,674
Avg. Annual Appreciation
6.66%

Purchase Details

Closed on
Nov 3, 2017
Sold by
Wolfe Stuart and Wolfe Barbara
Bought by
262 3Rd St Llc

Purchase Details

Closed on
Dec 2, 1977
Bought by
Wolfe Stuart and Wolfe Barbara
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
Yu Ning $1,525,000 American Legal Abstract Llc
262 3Rd St Llc $1,400,000 Core Abstract
Wolfe Stuart $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1217 Capital Partners Llc $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2018 08/03/18 Sold $1,525,000 0.0% $326 / Sq Ft
08/03/2018 08/03/18 Sold $1,525,000 -4.7% $258 / Sq Ft
04/26/2018 04/26/18 Pending -- -- --
04/26/2018 04/26/18 Pending -- -- --
03/28/2018 03/28/18 Price Changed $1,600,000 -3.0% $271 / Sq Ft
03/28/2018 03/28/18 For Sale $1,650,000 0.0% $353 / Sq Ft
02/13/2018 02/13/18 Price Changed $1,650,000 -2.9% $280 / Sq Ft
01/02/2018 01/02/18 Price Changed $1,700,000 -5.6% $288 / Sq Ft
11/08/2017 11/08/17 For Sale $1,800,000 -- $305 / 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 $22,467 $2,217,900 $443,500 $1,774,400
2024 $22,467 $2,217,900 $443,500 $1,774,400
2023 $22,467 $1,605,000 $321,000 $1,284,000
2022 $27,731 $1,605,000 $321,000 $1,284,000
2021 $27,731 $0 $0 $0
2020 $27,731 $0 $0 $0
2019 $26,836 $0 $0 $0
2018 $20,069 $0 $0 $0
2017 $20,069 $0 $0 $0
2016 $19,649 $0 $0 $0
2015 $140,087 $0 $0 $0
2014 -- $1,433,700 $179,010 $1,254,690
2012 -- $152,064 $41,568 $110,496
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000316578

Bright MLS

APN: 051064000