NOT LISTED FOR SALE

Estimated Value: $671,000 - $886,153

-- Bed
3 Baths
2,400 Sq Ft
$333/Sq Ft Est. Value

Last Sold March 25, 2013

Last sale price $389,000 $162 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $4,751/month

Highlights

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

About This Home

As of March 2013

The opportunity of a lifetime for an investor or savvy homeowner! This Art Museum Triplex includes parking for 2 cars in rear: for your own personal use, or take advantage of the projected monthly rent of 300. It's your choice: legal use is as a 3-unit building. Conventional financing available as an owner unit. Take advantage of low interest rates: it's a chance to own a townhouse, with rentals! This building has many distinctive features, including a hand-painted vestibule entrance, stamped concrete block, high ceilings, & original details throughout. The first flr includes a Bi-level owner's unit w/ a mostly finished basement & washer hook up. The unit also features mahogany floors, a large kitchen & a rear garden. The 2nd floor includes a spacious light filled 1 Bedroom w/ gorgeous original details: built-in cedar closet, hand-painted ceilings, exposed brick & hardwood floors. Finally, the 3rd flr is a charming studio apt with large deck, a newer kitchen, hardwood flrs and fantastic skyline views!

Last Agent to Sell the Property

Noah Ostroff

(215) 607-6007 info@phillyliving.com KW Empower License #RS308424 Listed on: 03/16/2012

KW Empower

Co-Listed By

Vincent Tagliente

(215) 680-9302 vtphiladelphia@gmail.com Coldwell Banker Realty

Last Buyer's Agent

Vasili Barbounis

(215) 439-1002 vasili@centercitylistings.com KW Empower

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,923

Year Built

  • Built in 1910

Lot Details

  • 1,440 Sq Ft Lot
  • Lot Dimensions are 18x80
  • Property is in good condition

Parking

  • 2 Open Parking Spaces

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,400 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 292002100

Community Details

Overview

  • No Home Owners Association
  • Art Museum Area Subdivision

Building Details

  • Insurance Expense $1,100
  • Other Expense $150
  • Operating Expense $7,173

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,923

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 150.00
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Has Laundry
  • Total Sq Ft: 2400
  • Living Area Sq Ft: 2400
  • Price Per Sq Ft: 166.63
  • Above Grade Finished Sq Ft: 2400
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • 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

  • Annual Heating Expense: 3000.00
  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1000.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 7526.00
  • Land Assessed Value: 12858.00
  • Lot Size Acres: 0.03
  • Lot Dimensions: 18X80
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1440.00
  • Property Condition: Good
  • Zoning: R10A

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 38100.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 1057368
  • Tax Annual Amount: 1923.00
  • Assessor Parcel Number: 292002100
  • Tax Lot: 21
  • Tax Year: 2012

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2012
Closed on
Mar 25, 2013
Sold by
Rossini Janet P and Rossini Louis
Bought by
Douglass F Taber Revocable Trust
Seller's Agent
Noah Ostroff
KW Empower
Buyer's Agent
Vasili Barbounis
KW Empower
List Price
$429,000
Sold Price
$389,000
Premium/Discount to List
-$40,000
-9.32%
Current Estimated Value
$798,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$409,718
Avg. Annual Appreciation
5.88%
Original Mortgage
$300,000
Interest Rate
3.55%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 31, 2004
Sold by
Sokoloff Robert
Bought by
Rossini Louis and Rossini Janet P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
5.56%
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
Douglass F Taber Revocable Trust $389,000 None Available
Rossini Louis $320,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Douglass F Taber Revocable Trust $300,000
Previous Owner Rossini Louis $256,000
Closed Rossini Louis $32,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2013 03/25/13 Sold $389,000 -9.3% $162 / Sq Ft
02/23/2013 02/23/13 Pending -- -- --
03/16/2012 03/16/12 For Sale $429,000 -- $179 / 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 $6,845 $539,900 $107,980 $431,920
2024 $6,845 $539,900 $107,980 $431,920
2023 $6,845 $489,000 $97,800 $391,200
2022 $6,845 $489,000 $97,800 $391,200
2021 $4,948 $0 $0 $0
2020 $4,948 $0 $0 $0
2019 $4,789 $0 $0 $0
2018 $3,388 $0 $0 $0
2017 $3,388 $0 $0 $0
2016 $3,388 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $242,000 $14,916 $227,084
2012 -- $20,384 $12,858 $7,526
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003885004

Bright MLS

APN: 292002100