NOT LISTED FOR SALE

Estimated Value: $467,000 - $531,000

6 Beds
2.5 Baths
1,831 Sq Ft
$269/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $535,000 $292 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,742/month

174 Days on Market

Highlights

  • Straight Thru Architecture
  • Radiant Heating System
  • 1-minute walk to Pennsport Veterans Memorial
  • No HOA

About This Home

As of April 2024

SALE PRICE INCLUDES ALL 3 PROPERTIES! A Rare Opportunity in Vibrant Pennsport: Discover this exceptional three-property offering on one of Philadelphia's finest tree-lined blocks, featuring three separately deeded properties—312 Wharton Street, 311 Sears Street, and 309 Sears Street. This unique combined offering is perfectly suited for investors and homeowners alike. Property highlights include a spacious 6-bedroom, 2 1/2 bath, 3-story home at 312 Wharton Street, with incredible renovation potential on a 16x60 lot, offering a solid foundation for endless possibilities. Behind 312 Wharton Street, a 15x40 vacant lot at 311 Sears Street features a valuable curb cut, simplifying future construction and providing the possibility for convenient off-street parking. Additionally, a 16x40 vacant lot at 309 Sears Street is primed for development or landscaping. Nestled in the vibrant Pennsport neighborhood, these properties are ideally located on one of the area's most desirable blocks, offering both convenience and tranquility. They provide endless potential to customize to your exact specifications and craft your masterpiece, making it an investor's dream with the potential for substantial returns in the high-demand Philadelphia real estate market. This package also includes two rare vacant lots, offering the perfect canvas for expanding your property or creating a lush garden oasis within the city. Don't miss this exclusive chance to own a piece of Philadelphia's history while leaving your mark on this vibrant community. Opportunities like these are truly unique; seize this one today!

Last Agent to Sell the Property

Edward Foy

(610) 908-9391 efoy@mccannteam.com KW Empower License #RS331193 Listed on: 08/21/2023

KW Empower

Last Buyer's Agent

Ryan McCann

(484) 429-1637 ryan@mccannteam.com Compass RE

Compass RE

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,447

Year Built

  • Built in 1915

Lot Details

  • 960 Sq Ft Lot

Home Design

  • Straight Thru Architecture
  • Brick Foundation
  • Masonry

Interior Spaces

  • 1,831 Sq Ft Home
  • Property has 3 Levels
  • Unfinished Basement

Bedrooms and Bathrooms

  • 6 Main Level Bedrooms

Utilities

  • Radiant Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Pennsport Subdivision

Listing and Financial Details

  • Tax Lot 187
  • Assessor Parcel Number 011215900, 011221100, 011221000

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,447

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1915
  • Automatically Close On Close Date: No
  • Remarks Public: SALE PRICE INCLUDES ALL 3 PROPERTIES! A Rare Opportunity in Vibrant Pennsport: Discover this exceptional three-property offering on one of Philadelphia's finest tree-lined blocks, featuring three separately deeded properties—312 Wharton Street, 311 Sears Street, and 309 Sears Street. This unique combined offering is perfectly suited for investors and homeowners alike. Property highlights include a spacious 6-bedroom, 2 1/2 bath, 3-story home at 312 Wharton Street, with incredible renovation potential on a 16x60 lot, offering a solid foundation for endless possibilities. Behind 312 Wharton Street, a 15x40 vacant lot at 311 Sears Street features a valuable curb cut, simplifying future construction and providing the possibility for convenient off-street parking. Additionally, a 16x40 vacant lot at 309 Sears Street is primed for development or landscaping. Nestled in the vibrant Pennsport neighborhood, these properties are ideally located on one of the area's most desirable blocks, offering both convenience and tranquility. They provide endless potential to customize to your exact specifications and craft your masterpiece, making it an investor's dream with the potential for substantial returns in the high-demand Philadelphia real estate market. This package also includes two rare vacant lots, offering the perfect canvas for expanding your property or creating a lush garden oasis within the city. Don't miss this exclusive chance to own a piece of Philadelphia's history while leaving your mark on this vibrant community. Opportunities like these are truly unique; seize this one today!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Foundation Details: Brick/Mortar
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1831
  • Living Area Sq Ft: 1831
  • Price Per Sq Ft: 327.64
  • Above Grade Finished Sq Ft: 1831
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 312

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 6
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half 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: No
  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • 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
  • Senior Community: No

Schools

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

Lot Info

  • Land Use Code: O50
  • Lot Size Acres: 0.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 960.00
  • Year Assessed: 2023
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4447.00
  • Assessor Parcel Number: 011215900, 011221100, 011221000
  • Tax Lot: 187
  • Tax Total Finished Sq Ft: 1831
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 04/26/2024

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2023
Closed on
Apr 26, 2024
Sold by
Lind Adele C and Lind Mark Francis
Bought by
Forman Andrew and Ludwig Jana
Seller's Agent
Edward Foy
KW Empower
Buyer's Agent
Ryan McCann
Compass RE
List Price
$675,000
Sold Price
$535,000
Premium/Discount to List
-$140,000
-20.74%
Views
91
Current Estimated Value
$492,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,038
Avg. Annual Appreciation
-5.34%
Original Mortgage
$655,500
Outstanding Balance
$646,061
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
-$153,099

Purchase Details

Closed on
Nov 24, 1952
Bought by
Joseph Lind and Joseph Yvonne
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
Forman Andrew $435,000 None Listed On Document
Joseph Lind -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forman Andrew $655,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2024 04/26/24 Sold $535,000 -10.8% $292 / Sq Ft
02/11/2024 02/11/24 Pending -- -- --
12/11/2023 12/11/23 Price Changed $599,900 -4.0% $328 / Sq Ft
10/05/2023 10/05/23 Price Changed $625,000 -7.4% $341 / Sq Ft
08/21/2023 08/21/23 For Sale $675,000 -- $369 / 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 $1,634 $363,200 $72,640 $290,560
2024 $1,634 $363,200 $72,640 $290,560
2023 $1,634 $316,200 $63,240 $252,960
2022 $1,634 $116,700 $63,240 $53,460
2021 $1,634 $0 $0 $0
2020 $1,634 $0 $0 $0
2019 $1,634 $0 $0 $0
2018 $1,634 $0 $0 $0
2017 $1,634 $0 $0 $0
2016 -- $0 $0 $0
2015 -- $0 $0 $0
2014 -- $184,200 $18,240 $165,960
2012 -- $12,448 $1,905 $10,543
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2270120

Bright MLS

APN: 011215900