NOT LISTED FOR SALE

316 E High St Philadelphia, PA 19144

East Germantown Neighborhood

Estimated Value: $382,000 - $520,132

Studio
-- Bath
2,696 Sq Ft
$170/Sq Ft Est. Value

Sale Details

Date Sold: May 27, 2015

Last sale price $249,000 $92 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $2,819 / mo

26 Days on Market

Highlights

  • 0.13 Acre Lot
  • No HOA
  • Ceiling Fan
  • Wood Flooring
  • 4 Car Detached Garage
  • Hot Water Heating System

About This Home

As of May 2015

Don't miss this terrific, well maintained, fully occupied 3 unit property with large rear yard and FOUR detached garages (with electric ? not currently rented). Original hardwood floors, fireplaces (closed off/not working), some very pretty original windows all add to the old world charm. Kitchens and baths have been updated. Tenants are happy to rent these spacious units and tend to stay put, and over the years they have planted a wonderful vegetable garden in back. Perfect for an Owner Occupant ? let your tenants PAY YOUR MORTGAGE! Indulge your gardening desires, or just relax in the lovely outdoor space. Use the garages for extra income or for workshop/contractor needs. A turn key opportunity for Investors who will realize immediate cash flow/profit/return on investment. Good central Germantown location convenient to public transportation, on a very nice block of historic properties. Laundry in basement. NOTE: Leases include rental amounts shown above PLUS a share of utilities - please see uploaded income/expense statement for details. All leases renew automatically for ONE year unless either side gives 60 days notice. The 4 garages in rear were last rented for $60/mo each so could provide extra income.

Last Agent to Sell the Property

RUTH FELDMAN

ruthfeld@aol.com TJ McCarthy Associates, Inc. Listed on: 03/11/2015

Last Buyer's Agent

Rodney Ross

(215) 664-1091 dspecht@kwcommercial.com KW Commercial License #RS314073

KW Commercial

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,097

Year Built

  • Built in 1915

Lot Details

  • 5,625 Sq Ft Lot
  • Lot Dimensions are 45x125
  • Property is in good condition

Parking

  • 4 Car Detached Garage
  • On-Street Parking

Home Design

  • Triplex
  • Stucco

Interior Spaces

  • 2,696 Sq Ft Home
  • Ceiling Fan

Flooring

  • Wood
  • Tile or Brick

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Utilities

  • Radiator
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 207
  • Assessor Parcel Number 592031300

Community Details

Overview

  • No Home Owners Association
  • Germantown Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Income includes parking
  • Electric Expense $1,865
  • Insurance Expense $1,075
  • Maintenance Expense $1,662
  • Other Expense $924
  • Operating Expense $11,463

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,097

Year Built

Built in 1915

Lot Details

5,625 Sq Ft Lot

Parking

4

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Exclusions: Washer, Dryer In Basement
  • Inclusions: 3 Refrigerators
  • New Construction: No
  • Other Expense: 924.00
  • Storage: Basement
  • Year Built: 1915
  • Special Features: None

Interior Features

  • Flooring Type: Wood, Tile/Brick
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Entry Location: Common
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Common, Has Laundry
  • Total Sq Ft: 2696
  • Living Area Sq Ft: 2696
  • Price Per Sq Ft: 96.07
  • Above Grade Finished Sq Ft: 2696
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Parking Features: Street
  • Number Of Detached Garage Spaces: 4
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: On Street, Detached Garage

Utilities

  • Annual Heating Expense: 2400.00
  • Central Air Conditioning: No
  • Electric Expense: 1865.00
  • Heating Fuel: Oil
  • Heating Type: Oil, Hot Water, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1440.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 121678.00
  • Land Assessed Value: 36422.00
  • Lot Size Acres: 0.13
  • Lot Dimensions: 45X125
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5625.00
  • Property Condition: Good
  • Zoning: RSA3

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 33240.00
  • Income Includes: Parking
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 1319116
  • Tax Annual Amount: 2097.00
  • Assessor Parcel Number: 592031300
  • Tax Lot: 207
  • Tax Year: 2015

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2015
Closed on
May 27, 2015
Sold by
Bought by
Seller's Agent
RUTH FELDMAN
TJ McCarthy Associates, Inc.
Buyer's Agent
Rodney Ross
KW Commercial
List Price
$259,000
Sold Price
$249,000
Premium/Discount to List
-$10,000
-3.86%
Current Estimated Value
$459,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,377
Avg. Annual Appreciation
5.69%
Original Mortgage
$244,489
Outstanding Balance
$184,800
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$274,577

Purchase Details

Closed on
Feb 24, 2009
Sold by
Bought by

Purchase Details

Closed on
Sep 2, 2008
Sold by
Bought by

Purchase Details

Closed on
Mar 6, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,221
Interest Rate
5.88%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$249,000 None Available
$150,000 Land Title Svcs Of Nj Inc
$75,000 None Available
$147,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $244,489
Previous Owner $145,221
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/27/2015 05/27/15 Sold $249,000 -3.9% $92 / Sq Ft
04/06/2015 04/06/15 Pending -- -- --
03/11/2015 03/11/15 For Sale $259,000 -- $96 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,052 $389,500 $77,900 $311,600
2025 $4,451 $389,500 $77,900 $311,600
2024 $4,451 $389,500 $77,900 $311,600
2023 $4,451 $318,000 $63,600 $254,400
2022 $2,086 $273,000 $63,600 $209,400
2021 $2,716 $0 $0 $0
2020 $2,716 $0 $0 $0
2019 $3,101 $0 $0 $0
2018 $3,101 $0 $0 $0
2017 $3,101 $0 $0 $0
2016 $3,101 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $158,100 $36,422 $121,678
2012 -- $10,688 $3,656 $7,032
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    RUTH FELDMAN

    Weichert Corporate

  • R

    Buyer's Agent in 2015

    Rodney Ross

    KW Commercial

    (267) 713-3669

    4 in this area

    77 Total Sales

    Rodney Ross
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Map

Source: Bright MLS

MLS Number: 1002550198

Bright MLS

APN: 592031300

Pennsylvania Philadelphia County Philadelphia 19144 East Germantown

316 E High St, Philadelphia, PA

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