NOT LISTED FOR SALE

Estimated Value: $1,182,743

-- Bed
4 Baths
3,906 Sq Ft
$303/Sq Ft Est. Value

Last Sold December 15, 2015

Last sale price $580,000 $148 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $7,358/month

Highlights

  • Wood Flooring
  • 2-minute walk to 12Th-13Th & Locust St
  • Forced Air Heating and Cooling System
  • No HOA
  • En-Suite Primary Bedroom
  • 3-minute walk to Kahn Park

About This Home

As of December 2015

FANTASTIC WORK/LIVE OPPORTUNITY! Multi purpose residential/commercial property that is ready for your dream use. Perfect owner occupied studio space or offices or do a spectacular conversion to full single family usage. Property goes street to street. (13th to Iseminger). Perfect central location in Washington Square West makes this a fantastic investment. Present use is an upscale day spa on first and second floors with several treatment rooms, large lounge areas, 3 powder rooms, and reception areas. Spacious, serene and beautifully appointed. Owners apt is on 3 levels entering on 2nd floor. This apt includes a huge 3rd floor roof deck in rear facing East. There is a 4th floor huge closet and attic storage room. Very SPECIAL location....for a very UNIQUE property ....It's a one of a kind OPPORTUNITY!!!

Last Agent to Sell the Property

Suzanne Petruzel

(610) 659-8030 Suzanne.Petruzel@foxroach.com BHHS Fox & Roach At the Harper, Rittenhouse Square Listed on: 06/12/2015

BHHS Fox & Roach At the Harper, Rittenhouse Square

Co-Listed By

Susan Kanterman

(215) 868-3946 susankanterman@gmail.com BHHS Fox & Roach At the Harper, Rittenhouse Square License #RS159233a

Last Buyer's Agent

Jim Wang

(215) 917-9833 jimwang7200@gmail.com HK99 Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,160

Year Built

  • Built in 1915

Lot Details

  • 1,232 Sq Ft Lot
  • Lot Dimensions are 14x88
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Stucco

Flooring

  • Wood
  • Wall to Wall Carpet

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Baseboard Heating
  • 200+ Amp Service
  • Electric Water Heater

Additional Features

  • En-Suite Primary Bedroom
  • Basement Fills Entire Space Under The House

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 882250530

Community Details

Overview

  • No Home Owners Association
  • Washington Sq West Subdivision

Building Details

  • Operating Expense $7,160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,160

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Inclusions: Refrigerator, Washer, Dryer
  • New Construction: No
  • Year Built: 1915
  • Remarks Public: FANTASTIC WORK/LIVE OPPORTUNITY! Multi purpose residential/commercial property that is ready for your dream use. Perfect owner occupied studio space or offices or do a spectacular conversion to full single family usage. Property goes street to street. (13th to Iseminger). Perfect central location in Washington Square West makes this a fantastic investment. Present use is an upscale day spa on first and second floors with several treatment rooms, large lounge areas, 3 powder rooms, and reception areas. Spacious, serene and beautifully appointed. Owners apt is on 3 levels entering on 2nd floor. This apt includes a huge 3rd floor roof deck in rear facing East. There is a 4th floor huge closet and attic storage room. Very SPECIAL location....for a very UNIQUE property ....It's a one of a kind OPPORTUNITY!!!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Wood, Fully Carpeted
  • Interior Amenities: Store/Office
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Stone
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Has Laundry
  • Street Number Modifier: 315

Exterior Features

  • Construction Materials: Stucco, Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Wall Unit
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Gas, Electric, Forced Air, Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Improvement Assessed Value: 287900.00
  • Land Assessed Value: 246400.00
  • Land Use Code: AD0
  • Lot Size Acres: 0.03
  • Lot Dimensions: 14X88
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1232.00
  • Property Condition: Good
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 907174
  • Tax Annual Amount: 7160.00
  • Assessor Parcel Number: 882250530
  • Tax Lot: 23
  • Tax Year: 2015
  • Close Date: 12/15/2015

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2015
Closed on
Nov 15, 2015
Sold by
Bostic Anna
Bought by
Jin & L Inc
Seller's Agent
Suzanne Petruzel
BHHS Fox & Roach At the Harper, Rittenhouse Square
Buyer's Agent
Jim Wang
HK99 Realty LLC
List Price
$699,000
Sold Price
$580,000
Premium/Discount to List
-$119,000
-17.02%
Current Estimated Value
$1,182,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$602,743
Avg. Annual Appreciation
7.26%
Original Mortgage
$377,000
Outstanding Balance
$303,931
Interest Rate
3.89%
Mortgage Type
Commercial
Estimated Equity
$846,052

Purchase Details

Closed on
Jul 30, 2007
Sold by
Bostic Anna and Bostic Roy
Bought by
Bostic Anna

Purchase Details

Closed on
Aug 1, 2001
Sold by
Tames Patricia M
Bought by
Bostic Anna and Bostic Roy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
7.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 5, 1998
Sold by
Marian Asset Management Committee
Bought by
Tames Patricia M

Purchase Details

Closed on
Feb 10, 1997
Sold by
Green John D
Bought by
Marian Asset Management Committee
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
Jin & L Inc $580,000 Wfg National Title Insurance
Bostic Anna -- None Available
Bostic Anna $250,000 --
Tames Patricia M $75,000 --
Marian Asset Management Committee $50,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jin & L Inc $377,000
Previous Owner Bostic Anna $170,000
Previous Owner Bostic Anna $187,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2015 12/15/15 Sold $580,000 -17.0% $148 / Sq Ft
10/15/2015 10/15/15 Pending -- -- --
06/12/2015 06/12/15 For Sale $699,000 -- $179 / 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 $13,347 $1,061,200 $212,240 $848,960
2024 $13,347 $1,061,200 $212,240 $848,960
2023 $13,347 $953,500 $190,700 $762,800
2022 $12,303 $953,500 $190,700 $762,800
2021 $12,303 $0 $0 $0
2020 $12,303 $0 $0 $0
2019 $12,181 $0 $0 $0
2018 $11,827 $0 $0 $0
2017 $0 $0 $0 $0
2016 $7,227 $0 $0 $0
2015 $6,918 $0 $0 $0
2014 -- $534,300 $246,400 $287,900
2012 -- $64,000 $20,480 $43,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002632744

Bright MLS

APN: 871400855