NOT LISTED FOR SALE

2816 Edgemont St Philadelphia, PA 19134

Port Richmond Neighborhood

Estimated Value: $549,000 - $797,485

-- Bed
-- Bath
2,760 Sq Ft
$239/Sq Ft Est. Value

Last Sold March 15, 2018

Last sale price $420,000 $152 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,827/month

Highlights

  • No HOA
  • Laundry Facilities
  • Radiator
  • En-Suite Primary Bedroom

About This Home

As of March 2018

Solid multi-family building in tremendous location in Port Richmond. Separate utilities, individually heated and all units are well-maintained. The property sits on a large L-Shaped lot that has a common laundry room in the rear of the building and a large yard. All units have a similar layout that is very accommodating. Central hallway entrance allows easy access to the basement for all mechanicals. The property is a block away from Hinge Cafe, 2 blocks to Tacconelli's and 3 blocks to Bait & Switch, walking distance to public transportation, local library and parks. This is a tremendous investment opportunity in a booming area of Philly!

Last Agent to Sell the Property

Joseph Edward Fonash

(267) 243-9415 josephfonash@gmail.com Compass RE License #2321154 Listed on: 11/29/2017

Compass RE

Last Buyer's Agent

Ronald Rodier

(215) 467-4100 ron@jg-realestate.com JG Real Estate LLC License #RS192346L

JG Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,336

Year Built

  • Built in 1965

Lot Details

  • 1,970 Sq Ft Lot
  • Lot Dimensions are 25x80
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,760 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Radiator
  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 303
  • Assessor Parcel Number 251231110

Community Details

Overview

  • No Home Owners Association
  • Port Richmond Subdivision

Additional Features

  • Laundry Facilities
  • Operating Expense $2,336

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,336

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: No
  • Entry Location: Common
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Common
  • Total Sq Ft: 2760
  • Living Area Sq Ft: 2760
  • Price Per Sq Ft: 163.04
  • Above Grade Finished Sq Ft: 2760
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco, Brick
  • Exterior Features: Sidewalks
  • Roof: Flat
  • 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: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Radiator
  • 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

Lot Info

  • Improvement Assessed Value: 118332.00
  • Land Assessed Value: 48568.00
  • Lot Size Acres: 0.05
  • Lot Dimensions: 25X80
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1970.00
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 34932.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Assessor Parcel Number: 1032277
  • Tax Annual Amount: 2336.00
  • Assessor Parcel Number: 251231110
  • Tax Lot: 303
  • Tax Year: 2017

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2017
Closed on
Mar 9, 2018
Sold by
Lowenthal Robert and Lowenthal Renee
Bought by
Ovecka Vincent C
Seller's Agent
Joseph Edward Fonash
Compass RE
Buyer's Agent
Ronald Rodier
JG Real Estate LLC
List Price
$450,000
Sold Price
$420,000
Premium/Discount to List
-$30,000
-6.67%
Current Estimated Value
$659,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,828
Avg. Annual Appreciation
6.10%
Original Mortgage
$315,000
Outstanding Balance
$269,545
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$390,283

Purchase Details

Closed on
Feb 26, 2002
Sold by
Cassizzi Nicholas L
Bought by
Eme Chadd and Eme Lisa A
Source: Public Records

Range of Values:

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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
Ovecka Vincent C $420,000 None Available
Eme Chadd $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ovecka Vincent C $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2018 03/15/18 Sold $420,000 -6.7% $152 / Sq Ft
01/16/2018 01/16/18 Pending -- -- --
11/29/2017 11/29/17 For Sale $450,000 -- $163 / 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 $4,470 $319,300 $63,800 $255,500
2024 $4,470 $319,300 $63,800 $255,500
2023 $4,470 $319,300 $63,860 $255,440
2022 $3,796 $319,300 $63,860 $255,440
2021 $3,796 $0 $0 $0
2020 $3,796 $0 $0 $0
2019 $3,523 $0 $0 $0
2018 $2,336 $0 $0 $0
2017 $2,336 $0 $0 $0
2016 $2,336 $0 $0 $0
2015 $2,236 $0 $0 $0
2014 -- $166,900 $28,491 $138,409
2012 -- $17,312 $1,851 $15,461
Source: Public Records

Agents Affiliated with this Home

  • Joseph Edward Fonash

    Seller's Agent in 2018

    Joseph Edward Fonash

    Compass RE

    (267) 243-9415

    2 in this area

    61 Total Sales

    Joseph Edward Fonash
    Section Image
  • Ronald Rodier

    Buyer's Agent in 2018

    Ronald Rodier

    JG Real Estate

    (215) 467-4100

    1 Total Sale

    Ronald Rodier
    Section Image
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Map

Source: Bright MLS

MLS Number: 1004239561

Bright MLS

APN: 251231110

Pennsylvania Philadelphia County Philadelphia 19134 Port Richmond

2816 Edgemont St, Philadelphia, PA

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