NOT LISTED FOR SALE

2841 W Diamond St Philadelphia, PA 19121

Strawberry Mansion Neighborhood

Estimated Value: $335,000 - $684,000

-- Bed
3 Baths
2,455 Sq Ft
$208/Sq Ft Est. Value

Last Sold September 09, 2022

Last sale price $169,900 $69 Per Sq Ft

Est. 200% increase in value since last sale

Current estimated payment $2,742/month

Highlights

  • City View
  • Traditional Architecture
  • Level Lot

About This Home

As of September 2022

Fantastic opportunity to be a part of the transformation of Strawberry Mansion/North Philly West. This is an investment area identified for growth. Invest now in this multi-family 3-story attached building. The building is currently configured as a duplex with an unfinished basement. Unit 1 has 2 bedrooms, 1 bath. Unit 2 has 6 bedrooms, 1.5 baths . Needs major renovations, exterior inspection only, no entry allowed. Property being sold as-is, where-is. Floor sketch provided for reference and is deemed reliable but not guaranteed. Close to Temple University, surrounded by newer construction, and is close to public transportation, schools, amenities and employment opportunities. Important – please review purchase offer instructions and disclosures or contact to receive a copy.

Last Agent to Sell the Property

Edward Welch

(610) 331-7655 EWelch@welchgroup.net Higgins & Welch Real Estate, Inc. Listed on: 05/16/2022

Last Buyer's Agent

Matthew Greene

(717) 203-9514 matt@mattgreene.info Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $837

Year Built

  • Built in 1915

Lot Details

  • 1,224 Sq Ft Lot
  • Lot Dimensions are 17.00 x 72.00
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Traditional Architecture
  • Fixer Upper
  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation
  • Plaster Walls
  • Masonry

Interior Spaces

  • City Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Additional Features

  • Urban Location
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 368
  • Assessor Parcel Number 323126301

Community Details

Overview

  • 2 Units
  • 3-Story Building

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$837

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1915
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Wall Ceiling Types: Plaster Walls
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 3248
  • Living Area Sq Ft: 2455
  • Price Per Sq Ft: 69.21
  • Above Grade Finished Sq Ft: 2455
  • Below Grade Sq Ft: 793
  • Total Below Grade Sq Ft: 793
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry, Brick
  • Road Surface Type: Paved
  • Roof: Flat
  • Spa: No
  • View: City, Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.03
  • Lot Dimensions: 17.00 x 72.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1224.00
  • Property Condition: Major Rehab Needed
  • Zoning: RM1
  • Zoning Description: Residential Multi-Family - 1

Rental Info

  • Existing Lease Type: None
  • Ground Rent Exists: No
  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 2
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1399359
  • School Tax Pymnt Freq: Annually
  • Assessor Parcel Number: 323126301
  • Tax Lot: 368
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2022
Closed on
Sep 7, 2022
Sold by
Philadelphia Housing Authority
Bought by
Discovery Property Holdings Llc
Seller's Agent
Edward Welch
Higgins & Welch Real Estate, Inc.
Buyer's Agent
Matthew Greene
Coldwell Banker Realty
List Price
$169,900
Sold Price
$169,900
Current Estimated Value
$509,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,600
Avg. Annual Appreciation
41.87%
Original Mortgage
$496,750
Interest Rate
4.99%
Mortgage Type
Construction

Purchase Details

Closed on
May 1, 1968
Bought by
Phila Housing Authority
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
Discovery Property Holdings Llc $169,900 --
Phila Housing Authority -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Discovery Property Holdings Llc $496,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2022 09/09/22 Sold $169,900 0.0% $69 / Sq Ft
05/31/2022 05/31/22 Pending -- -- --
05/24/2022 05/24/22 Off Market $169,900 -- --
05/16/2022 05/16/22 For Sale $169,900 -- $69 / 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 $837 $327,700 $65,540 $262,160
2024 $837 $327,700 $65,540 $262,160
2023 -- $59,800 $59,800 --
2022 $0 $59,800 $0 $0
2021 $1,942 $35,300 $18,356 $16,944
2020 $1,942 $0 $0 $0
2019 $1,942 $0 $0 $0
2018 $1,942 $0 $0 $0
2017 -- $0 $0 $0
2016 -- $0 $0 $0
2015 -- $0 $0 $0
2014 -- $34,200 $4,985 $29,215
2012 -- $1,120 $507 $613
Source: Public Records

Agents Affiliated with this Home

  • Edward Welch

    Seller's Agent in 2022

    Edward Welch

    Higgins & Welch Real Estate, Inc.

    (610) 331-7655

    7 in this area

    152 Total Sales

    Edward Welch
    Section Image
  • Matthew Greene

    Buyer's Agent in 2022

    Matthew Greene

    Coldwell Banker Realty

    (717) 203-9514

    6 in this area

    165 Total Sales

    Matthew Greene
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH2111582

Bright MLS

APN: 323126301

Pennsylvania Philadelphia County Philadelphia 19121 Strawberry Mansion

2841 W Diamond St, Philadelphia, PA

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