NOT LISTED FOR SALE

2807 W Queen Ln Philadelphia, PA 19129

East Falls Neighborhood

Estimated Value: $612,000 - $654,000

-- Bed
3 Baths
2,360 Sq Ft
$265/Sq Ft Est. Value

Last Sold April 19, 2013

Last sale price $275,000 $117 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $3,734/month

123 Days on Market

Highlights

  • No HOA
  • 3-minute walk to Queen Lane
  • Heating System Uses Gas
  • En-Suite Primary Bedroom

About This Home

As of April 2013

Investment East Falls property with a great location in a desirable area. 2 Blocks from Queen Lane Train Station and close to Drexel University. Three 1 bedroom units with possible conversion to 2 bedroom units plus a large rear garage. Ample parking for tenants. Great upside in future rents.

Last Agent to Sell the Property

Paul Sabia

RE/MAX Keystone Listed on: 11/29/2012

RE/MAX Keystone

Last Buyer's Agent

Paul Sabia

RE/MAX Keystone Listed on: 11/29/2012

RE/MAX Keystone

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,761

Year Built

  • Built in 1932

Lot Details

  • 5,661 Sq Ft Lot
  • Lot Dimensions are 34x166

Home Design

  • Triplex
  • Stucco

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,360 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Parking

  • 4 Open Parking Spaces
  • 7 Parking Spaces

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 383000400

Community Details

Overview

  • No Home Owners Association

Building Details

  • Electric Expense $2,160
  • Insurance Expense $1,600
  • Operating Expense $11,561

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,761

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1932
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Master Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Washer In Unit
  • Total Sq Ft: 2360
  • Living Area Sq Ft: 2360
  • Price Per Sq Ft: 127.08
  • Above Grade Finished Sq Ft: 2360
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • 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: 4
  • Total Garage And Parking Spaces: 7

Utilities

  • Annual Heating Expense: 2800.00
  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Electric Expense: 2160.00
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1240.00
  • 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: 30682.00
  • Land Assessed Value: 9190.00
  • Land Use Code: N58
  • Lot Size Acres: 0.13
  • Lot Dimensions: 34X166
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5661.00
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 31500.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 1137094
  • Tax Annual Amount: 3761.00
  • Assessor Parcel Number: 383000400
  • Tax Lot: 16
  • Tax Year: 2012
  • Close Date: 04/19/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2012
Closed on
Apr 10, 2013
Sold by
Chud Sheldon and Chud Phyllis S
Bought by
Rosas Reinaldo Alberto
Seller's Agent
Paul Sabia
RE/MAX Keystone
Buyer's Agent
Paul Sabia
RE/MAX Keystone
List Price
$330,000
Sold Price
$275,000
Premium/Discount to List
-$55,000
-16.67%
Current Estimated Value
$622,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,884
Avg. Annual Appreciation
6.36%

Purchase Details

Closed on
Apr 18, 2005
Sold by
Mcardle Kevin and Hegarty Anne
Bought by
Chud Sheldon and Chud Phyllis S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,920
Interest Rate
5.94%
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
Rosas Reinaldo Alberto $275,000 None Available
Chud Sheldon $274,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chud Sheldon $219,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2013 04/19/13 Sold $275,000 -16.7% $117 / Sq Ft
04/01/2013 04/01/13 Pending -- -- --
11/29/2012 11/29/12 For Sale $330,000 -- $140 / 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 $3,883 $518,200 $103,640 $414,560
2024 $3,883 $518,200 $103,640 $414,560
2023 $3,883 $277,400 $56,800 $220,600
2022 $3,883 $277,400 $56,800 $220,600
2021 $3,883 $0 $0 $0
2020 $3,883 $0 $0 $0
2019 $3,831 $0 $0 $0
2018 $2,094 $0 $0 $0
2017 $2,094 $0 $0 $0
2016 $2,094 $0 $0 $0
2015 $2,005 $0 $0 $0
2014 -- $149,600 $88,481 $61,119
2012 -- $39,872 $9,190 $30,682
Source: Public Records

Agents Affiliated with this Home

  • Paul Sabia

    Seller's Agent in 2013

    Paul Sabia

    RE/MAX

    (267) 718-8544

    77 Total Sales

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Map

Source: Bright MLS

MLS Number: 1004174646

Bright MLS

APN: 383000400

Pennsylvania Philadelphia County Philadelphia 19129 East Falls

2807 W Queen Ln, Philadelphia, PA

This home is located at 2807 W Queen Ln, Philadelphia, PA 19129 since 29 November 2012 and is currently estimated at $626,041, approximately $265 per square foot. This property was built in 1932. 2807 W Queen Ln is a home located in Philadelphia County with nearby schools including Mifflin Thomas School, Roxborough High School, and Wissahickon Charter School.

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