NOT LISTED FOR SALE

3116 Spring Garden St Philadelphia, PA 19104

Powelton Village Neighborhood

Estimated Value: $260,000 - $479,000

3 Beds
1 Bath
1,088 Sq Ft
$314/Sq Ft Est. Value

Last Sold September 16, 2021

Last sale price $272,500 $250 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,186/month

60 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • 2-minute walk to Cat Park

About This Home

As of September 2021

Awesome opportunity to purchase a property in the beautiful Powelton Village area of University City! This commercially zoned property is currently set up as a single family home. It consists of three bedrooms and one bathroom on the upper floor and you will find a nice sized living room and kitchen area on the main level along with access to a cute rear yard. The laundry room is located on the main level as well. The house is currently leased through 8/31/2021 at $1600 per month.
The property is located in Powelton Village, just minutes away from Drexel University and all that University City has to offer plus super easy access to the Art Museum and Center City! Great location and option to use it commercially make this an excellent investment opportunity!

Last Agent to Sell the Property

Christos Tzimoulis

New Age Realty Group Inc License #RM423707 Listed on: 06/18/2021

Last Buyer's Agent

The Candor Realtor Team

Keller Williams Main Line License #RS356546

Keller Williams Main Line

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,563

Year Built

  • Built in 1934

Lot Details

  • 560 Sq Ft Lot
  • Lot Dimensions are 16.00 x 35.00

Home Design

  • Masonry

Interior Spaces

  • 1,088 Sq Ft Home
  • Property has 2 Levels
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Powelton Village Subdivision

Listing and Financial Details

  • Tax Lot 142
  • Assessor Parcel Number 241198716

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,563

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-06-21
  • Year Built: 1934
  • Automatically Close On Close Date: No
  • Remarks Public: Awesome opportunity to purchase a property in the beautiful Powelton Village area of University City! This commercially zoned property is currently set up as a single family home. It consists of three bedrooms and one bathroom on the upper floor and you will find a nice sized living room and kitchen area on the main level along with access to a cute rear yard. The laundry room is located on the main level as well. The house is currently leased through 8/31/2021 at $1600 per month. The property is located in Powelton Village, just minutes away from Drexel University and all that University City has to offer plus super easy access to the Art Museum and Center City! Great location and option to use it commercially make this an excellent investment opportunity!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Levels Count: 2
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1088
  • Living Area Sq Ft: 1088
  • Price Per Sq Ft: 274.82
  • Above Grade Finished Sq Ft: 1088
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3116

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • 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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 155635.00
  • Land Assessed Value: 27465.00
  • Land Use Code: O30
  • Lot Size Acres: 0.01
  • Lot Dimensions: 16.00 x 35.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 560.00
  • Year Assessed: 2021
  • Zoning: CMX2

Rental Info

  • Total Actual Rent: 19200.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 7425636
  • School Tax: 1406.00
  • Tax Annual Amount: 2563.00
  • Assessor Parcel Number: 241198716
  • Tax Lot: 142
  • Tax Total Finished Sq Ft: 1088
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 09/16/2021

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Oct 15, 2021
Sold by
Kalidave Limited Partnership
Bought by
Leopanto Michael Angelo
Seller's Agent
Christos Tzimoulis
New Age Realty Group Inc
Buyer's Agent
The Candor Realtor Team
Keller Williams Main Line
List Price
$310,000
Sold Price
$272,500
Premium/Discount to List
-$37,500
-12.1%
Current Estimated Value
$341,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,961
Avg. Annual Appreciation
2.24%
Original Mortgage
$264,325
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2013
Sold by
University Realty Lp
Bought by
University Realty Lp

Purchase Details

Closed on
Oct 15, 2012
Sold by
Kalidave Lp
Bought by
Kalidave Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,869,000
Interest Rate
3.42%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 20, 2012
Sold by
Kalidave Lp
Bought by
Kalidave Lp

Purchase Details

Closed on
May 1, 2012
Sold by
Kalidave Limited Partnership
Bought by
Kalidave Limited Partnership
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
Leopanto Michael Angelo $272,500 None Listed On Document
University Realty Lp -- None Available
Kalidave Lp -- None Available
Kalidave Lp -- None Available
Kalidave Limited Partnership -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leopanto Michael Angelo $264,325
Previous Owner Kalidave Lp $196,000
Previous Owner University Reality Lp $54,101
Previous Owner University Realty Lp $2,869,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2021 09/16/21 Sold $272,500 -8.9% $250 / Sq Ft
07/12/2021 07/12/21 Price Changed $299,000 -3.5% $275 / Sq Ft
06/18/2021 06/18/21 For Sale $310,000 -- $285 / 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 $4,069 $250,300 $50,000 $200,300
2024 $4,069 $250,300 $50,000 $200,300
2023 $4,069 $290,700 $58,140 $232,560
2022 $2,563 $290,700 $58,140 $232,560
2021 $2,563 $0 $0 $0
2020 $2,563 $183,100 $27,465 $155,635
2019 $2,468 $0 $0 $0
2018 $2,312 $0 $0 $0
2017 $2,312 $0 $0 $0
2016 $2,312 $0 $0 $0
2015 $2,214 $0 $0 $0
2014 -- $165,200 $13,382 $151,818
2012 -- $20,672 $16,880 $3,792
Source: Public Records

Agents Affiliated with this Home

  • Christos Tzimoulis

    Seller's Agent in 2021

    Christos Tzimoulis

    New Age Realty Group Inc

    (484) 437-3126

    4 in this area

    49 Total Sales

    Christos Tzimoulis
    Section Image
  • The Candor Realtor Team

    Buyer's Agent in 2021

    The Candor Realtor Team

    Keller Williams Main Line

    (267) 912-8500

    1 in this area

    36 Total Sales

    The Candor Realtor Team
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH2002002

Bright MLS

APN: 241198716

Pennsylvania Philadelphia County Philadelphia 19104 Powelton Village

3116 Spring Garden St, Philadelphia, PA

This home is located at 3116 Spring Garden St, Philadelphia, PA 19104 since 18 June 2021 and is currently estimated at $341,461, approximately $313 per square foot. This property was built in 1934. 3116 Spring Garden St is a home located in Philadelphia County with nearby schools including Samuel Powel School, Science Leadership Academy Middle School, and West Philadelphia High School.

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