Seller's Agent in 2021
Juliet Welker
Compass RE
(215) 880-2129
60 in this area
185 Total Sales
2928 Poplar St Philadelphia, PA 19130
Fairmount NeighborhoodEstimated Value: $509,020
--
Bed
1
Bath
1,800
Sq Ft
$283/Sq Ft
Est. Value
Highlights
- Rambler Architecture
- Forced Air Heating and Cooling System
- 5-minute walk to Lemon Hill Park
- No HOA
About This Home
As of July 2021Fantastic investment opportunity to own this corner mixed use property/triplex in excellent condition just steps from Fairmount Park! First floor front is a great commercial space ideal for a professional office and features a kitchenette, powder room & a very large full basement. The second floor apartment is a delightful bi-level 2 bedroom/1.5 bathroom with updated kitchen and baths. The cozy rear studio apartment features its own private patio. Utilities are separately metered. The owner has not increased any of the rents and are therefore below market value. Owner lowered the rent on the bi-level 2 bedroom apartment when one of the tenants moved out. Currently the commercial space rents for $500/month (projected rent $650-$700); the 2BR/1.5BA unit rents for $1250 & the 2BR/1.5BA unit rents for $1250 and is substantially under market value (projected rent $1650-$1700); the studio apartment currently rents for $725 (projected rent $800-$825).
Last Agent to Sell the Property
(215) 880-2129 jwelker@welkerre.com Compass RE License #AB068993 Listed on: 09/30/2020
Last Buyer's Agent
(215) 241-1156 Neil.Dessecker@gmail.com RE/MAX One Realty - TCDT License #RS325498
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,424
Year Built
- Built in 1920
Lot Details
- 840 Sq Ft Lot
- Lot Dimensions are 14.00 x 60.00
Parking
- On-Street Parking
Home Design
- 1,800 Sq Ft Home
- Triplex
- Rambler Architecture
- Masonry
Utilities
- Forced Air Heating and Cooling System
- Cooling System Utilizes Natural Gas
- Natural Gas Water Heater
Additional Features
- Basement
Listing and Financial Details
- The owner pays for water
- Assessor Parcel Number 871521350
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Insurance Expense $1,900
- Trash Expense $300
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 30, 2020
Closed on
Jun 24, 2021
Sold by
Maroco Associates Limited
Bought by
Soho Suppliers Inc
Seller's Agent
Juliet Welker
Compass RE
Buyer's Agent
Neil Dessecker
RE/MAX One Realty - TCDT
List Price
$519,000
Sold Price
$451,000
Premium/Discount to List
-$68,000
-13.1%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,020
Avg. Annual Appreciation
2.87%
Purchase Details
Closed on
Apr 29, 1998
Sold by
Mishultz Peter and Mishultz June
Bought by
Maroco Associates Ltd
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Soho Suppliers Inc | $451,000 | One Abstract Services Llc | |
| Maroco Associates Ltd | $25,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/20/2021 07/20/21 | Sold | $451,000 | -13.1% | $251 / Sq Ft |
| 07/01/2021 07/01/21 | Price Changed | $519,000 | 0.0% | $288 / Sq Ft |
| 12/01/2020 12/01/20 | Price Changed | $519,000 | 0.0% | $288 / Sq Ft |
| 09/30/2020 09/30/20 | Pending | -- | -- | -- |
| 09/30/2020 09/30/20 | For Sale | $519,000 | 0.0% | $288 / Sq Ft |
| 11/16/2019 11/16/19 | Rented | $725 | 0.0% | -- |
| 10/18/2019 10/18/19 | Under Contract | -- | -- | -- |
| 09/25/2019 09/25/19 | For Rent | $725 | 0.0% | -- |
| 09/01/2018 09/01/18 | Rented | $725 | 0.0% | -- |
| 08/21/2018 08/21/18 | Under Contract | -- | -- | -- |
| 08/08/2018 08/08/18 | For Rent | $725 | +3.6% | -- |
| 03/01/2016 03/01/16 | Rented | $700 | 0.0% | -- |
| 02/16/2016 02/16/16 | Under Contract | -- | -- | -- |
| 02/09/2016 02/09/16 | For Rent | $700 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $6,449 | $464,200 | $92,840 | $371,360 |
| 2025 | $6,449 | $464,200 | $92,840 | $371,360 |
| 2024 | $6,449 | $464,200 | $92,840 | $371,360 |
| 2023 | $6,449 | $460,700 | $92,100 | $368,600 |
| 2022 | $5,424 | $460,700 | $92,100 | $368,600 |
| 2021 | $5,424 | $0 | $0 | $0 |
| 2020 | $5,424 | $0 | $0 | $0 |
| 2019 | $5,371 | $0 | $0 | $0 |
| 2018 | $5,694 | $0 | $0 | $0 |
| 2017 | $5,706 | $0 | $0 | $0 |
| 2016 | $5,706 | $0 | $0 | $0 |
| 2015 | $5,462 | $0 | $0 | $0 |
| 2014 | -- | $407,600 | $36,117 | $371,483 |
Source: Public Records
Agents Affiliated with this Home
-
Juliet Welker
-
Neil Dessecker
Buyer's Agent in 2021
Neil Dessecker
RE/MAX
(215) 241-1156
4 in this area
52 Total Sales
-
Gene LaGreca
Buyer's Agent in 2018
Gene LaGreca
Welker Real Estate, Inc.
(215) 236-2318
-
Angela Floyd
Buyer's Agent in 2016
Angela Floyd
BAE Realty and Investment Services
(267) 265-4910
45 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH940716
APN: 871521350
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