NOT LISTED FOR SALE

Estimated Value: $803,000

-- Bed
5 Baths
6,400 Sq Ft
$125/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $450,000 $70 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $4,794/month

52 Days on Market

About This Home

As of June 2020

Up for sale, is this piece of Bridesburg history which was once known as the "Edgemont Hotel." It was built in 1925. When you first walk in, you are met with a grand hallway and 12 ft high ceilings. The original staircase spans 3 stories. This building has seen its fair share of U. S. Presidents and World Wars. Hidden in the walls are still functioning staircases that were once used during prohibition.

Last Agent to Sell the Property

Robert Gerrard

(484) 433-6292 gerrard.robert43@gmail.com CG Realty, LLC License #RS341184 Listed on: 01/29/2020

Co-Listed By

Kelly Malloy

(610) 716-9504 kelly@campbellgerrard.com VRA Realty License #rs342334

Last Buyer's Agent

William Ndreu

(856) 701-3512 billndreu86@gmail.com RE/MAX One Realty License #RS323422

RE/MAX One Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,318

Year Built

  • Built in 1925

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 28.25 x 121.25

Home Design

  • Quadruplex
  • Masonry

Parking

  • Driveway
  • Off-Street Parking

Utilities

  • Cooling System Utilizes Natural Gas
  • Window Unit Cooling System
  • Hot Water Heating System
  • Natural Gas Water Heater

Additional Features

  • Basement

Community Details

  • No Home Owners Association
  • 4 Units
  • Bridesburg Subdivision

Listing and Financial Details

  • Tax Lot 177
  • Assessor Parcel Number 453111900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,318

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: negotiable; tenants personal property
  • Inclusions: negotiable
  • New Construction: No
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Basement: Yes
  • Total Sq Ft: 11400
  • Living Area Sq Ft: 6400
  • Price Per Sq Ft: 77.97
  • Above Grade Finished Sq Ft: 6400
  • Above Grade Unfinished Sq Ft: 5000
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Natural Gas
  • Cooling Type: Window Unit(s)
  • 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 Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 110760.00
  • Land Assessed Value: 126240.00
  • Lot Size Acres: 0.07
  • Lot Dimensions: 28.25 x 121.25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3000.00
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1211739
  • School Tax: 1820.00
  • Tax Annual Amount: 3318.00
  • Assessor Parcel Number: 453111900
  • Tax Lot: 177
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2020
Closed on
Jun 30, 2020
Sold by
Hatton Melissa and Koldoy Melissa
Bought by
Tota Arsim
Seller's Agent
Robert Gerrard
CG Realty, LLC
Buyer's Agent
William Ndreu
RE/MAX One Realty
List Price
$529,000
Sold Price
$450,000
Premium/Discount to List
-$79,000
-14.93%
Current Estimated Value
$803,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,000
Avg. Annual Appreciation
11.23%
Original Mortgage
$337,500
Outstanding Balance
$298,506
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$504,494

Purchase Details

Closed on
Oct 3, 2003
Sold by
Carraugh Eleanor B
Bought by
Hatton Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,700
Interest Rate
6.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 19, 1995
Sold by
Carbaugh Stanley E and Carbaugh Stanley
Bought by
Carbaugh Eleanor B

Purchase Details

Closed on
Aug 5, 1994
Sold by
Carbaugh Eleanore and Lenahan Jean
Bought by
Carbaugh Stanley and Carbaugh Elizabeth
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Tota Arsim $450,000 Keystone State Abstract Llc
Hatton Melissa $230,000 --
Carbaugh Eleanor B -- --
Carbaugh Stanley -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tota Arsim $337,500
Previous Owner Hatton Melissa $209,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2020 06/30/20 Sold $450,000 0.0% $70 / Sq Ft
06/30/2020 06/30/20 Sold $450,000 -9.8% $70 / Sq Ft View Prior Sale
02/11/2020 02/11/20 Price Changed $499,000 0.0% $78 / Sq Ft
02/11/2020 02/11/20 Price Changed $499,000 -5.7% $78 / Sq Ft
01/29/2020 01/29/20 For Sale $529,000 0.0% $83 / Sq Ft
11/25/2019 11/25/19 For Sale $529,000 -- $83 / 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
2026 $6,999 $1,330,700 $266,140 $1,064,560
2025 $6,999 $1,330,700 $266,140 $1,064,560
2024 $6,999 $1,330,700 $266,140 $1,064,560
2023 $6,999 $500,000 $100,000 $400,000
2022 $5,890 $500,000 $100,000 $400,000
2021 $3,318 $0 $0 $0
2020 $3,318 $0 $0 $0
2019 $3,318 $0 $0 $0
2018 $3,318 $0 $0 $0
2017 $3,318 $0 $0 $0
2016 -- $0 $0 $0
2015 -- $0 $0 $0
2014 -- $299,800 $45,650 $254,150
2012 -- $25,280 $2,241 $23,039
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH867248

Bright MLS

APN: 453111900