NOT LISTED FOR SALE

3031 Frankford Ave Philadelphia, PA 19134

Port Richmond Neighborhood

Estimated Value: $89,000 - $173,713

-- Bed
-- Bath
-- Sq Ft
2,166 Sq Ft Lot

Last Sold May 21, 2021

Last sale price $100,000

Est. 32% increase in value since last sale

Current estimated payment $768/month

About This Home

As of May 2021

5-unit development opportunity along the booming Frankford Avenue commercial corridor in Kensington where development has been creeping northward from Fishtown. RM-1 zoning allows for a multifamily residential project by-right on this roughly 20 foot wide by 108 foot deep parcel. Low cost per unit in an appreciating neighborhood. Transit-accessible location that is a short walk to the Market-Frankford subway line and is situated along bus routes. The Loom artist loft building is just to the north on Aramingo Avenue and the new Kreate Hub coworking space is just to the south. Follow the artists. Conceptual renderings provided. Speak with your architect and zoning advisor to confirm what can be built.

Last Agent to Sell the Property

Kyle McShane

(610) 613-8142 kylemcshane@gmail.com Compass RE License #RS349632 Listed on: 02/03/2021

Compass RE

Last Buyer's Agent

Kyle McShane

(610) 613-8142 kylemcshane@gmail.com Compass RE License #RS349632 Listed on: 02/03/2021

Compass RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $258

Lot Details

  • 2,166 Sq Ft Lot
  • Lot Dimensions are 20.00 x 108.29
  • Property is zoned RM1

Additional Features

  • Property has 3 Levels
  • No Septic System

Community Details

  • No Home Owners Association
  • Kensington Subdivision

Listing and Financial Details

  • Tax Lot 167
  • Assessor Parcel Number 252471305

Home Details

Home Type

Single Family

Est. Annual Taxes

$258

Lot Details

0

Listing Details

  • Property Type: Residential
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 3
  • Basement: No
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: No Septic System

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Assessed Value: 18400.00
  • Lot Size Acres: 0.05
  • Lot Dimensions: 20.00 x 108.29
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2166.00
  • Zoning: RM1

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1038582
  • School Tax: 141.00
  • Tax Annual Amount: 258.00
  • Assessor Parcel Number: 252471305
  • Tax Lot: 167
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2021
Closed on
May 21, 2021
Sold by
Pop Claudia
Bought by
Selahattin Balat Aga and Eyyup Aytemur
Seller's Agent
Kyle McShane
Compass RE
Buyer's Agent
Kyle McShane
Compass RE
List Price
$129,000
Sold Price
$100,000
Premium/Discount to List
-$29,000
-22.48%
Current Estimated Value
$131,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,571
Avg. Annual Appreciation
6.37%

Purchase Details

Closed on
Jan 13, 2020
Sold by
Pop Ana
Bought by
Pop Claudia
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Selahattin Balat Aga $100,000 Terra Abstract Inc
Pop Claudia -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2021 05/21/21 Sold $100,000 -22.5% --
02/05/2021 02/05/21 Pending -- -- --
02/03/2021 02/03/21 For Sale $129,000 -- --
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 $949 $88,900 $88,900 --
2024 $949 $88,900 $88,900 --
2023 $949 $67,800 $67,800 $0
2022 $949 $67,800 $67,800 $0
2021 $258 $0 $0 $0
2020 $258 $18,400 $18,400 $0
2019 $258 $0 $0 $0
2018 $258 $0 $0 $0
2017 $258 $0 $0 $0
2016 $255 $0 $0 $0
2015 $244 $0 $0 $0
2014 -- $18,200 $18,200 $0
2012 -- $672 $672 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kyle McShane

    Compass RE

    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH984704

Bright MLS

APN: 252471305

Pennsylvania Philadelphia County Philadelphia 19134 Port Richmond

3031 Frankford Ave, Philadelphia, PA

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