NOT LISTED FOR SALE

Estimated Value: $764,640 - $896,000

-- Bed
4 Baths
2,974 Sq Ft
$273/Sq Ft Est. Value

Last Sold December 30, 2020

Last sale price $685,000 $230 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,159/month

68 Days on Market

Highlights

  • Deck
  • No HOA
  • Breakfast Area or Nook
  • Traditional Floor Plan
  • Upgraded Countertops
  • 3-minute walk to Karen Donnelly Park

About This Home

As of December 2020

Interactive 3D Tour > https://hfire.co/320DickinsonSt-1 Welcome to 320 Dickinson St in Pennsport. Perfect for an owner-occupied investment with top of the market rents. Note: 1st floor unit is vacant. The property can be delivered as is for an owner occupied, or tenant placed prior to closing. This is an opportunity to own a true turn-key and high performing/legally zoned Triplex in Pennsport, complete with 3 years left on the tax abatement. This building was completely gutted and rebuilt 7 years ago with modern finishes and tile floors throughout. Highest quality tenants in place and strong leases with 60-day notice clause. Building has been meticulously maintained with a cleaning service and HVAC service contracts that will transfer. Tenants pay electric (separate), owner pays water. No Gas! Two 2br/1ba, one 2br/2ba (top floor unit) with roof deck. All units include Central HVAC, Dedicated Hot Water, Granite and High-end Stainless-Steel Appliances with Soft Close Cabinets, Traditional Tile Tub/Shower Bath, and an Audio and Video Intercom system. The common access basement includes tile floors, finished walls and ceilings, coin-op laundry and a locked and dedicated storage room for each apartment. Building also includes secured mail delivery and LED lighting. Discounted Property Management Services available for a true turnkey investment. Blocks away from Dickinson Square Park, Herron Playground, or Jefferson Square and Sacks Playground. Minutes (walk, bike, or drive) from Passyunk Square. Short drive to Penns Landing and the Delaware River Waterfront. Good street parking and convenient access to public transportation. Great for pet owners - plenty of nearby parks and outdoor areas. This property is being offered individually or as part of a portfolio sale. Also available 1621 Brown St (Quad), 113 Rutledge Ave, Folsom, PA (Quad), 116 W Ashland Ave, Glenolden, PA (SFR)

Last Agent to Sell the Property

Sergio Altomare

Keller Williams Philadelphia Listed on: 09/23/2020

Last Buyer's Agent

Kathleen Gail

Coldwell Banker Realty License #RS340603

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,045

Year Built

  • Built in 1915 | Remodeled in 2013

Lot Details

  • 1,440 Sq Ft Lot
  • Lot Dimensions are 18.00 x 80.00
  • Property is in excellent condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,974 Sq Ft Home
  • Traditional Floor Plan
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Double Hung Windows
  • Window Screens
  • Combination Dining and Living Room
  • Tile or Brick Flooring

Kitchen

  • Eat-In Galley Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Electric Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Intercom
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Exterior Lighting

Schools

  • Vare-Washington Elementary School
  • Horace Furness High School

Utilities

  • Central Heating and Cooling System
  • 200+ Amp Service
  • High-Efficiency Water Heater
  • Municipal Trash
  • Cable TV Available

Additional Features

  • Doors swing in
  • Energy-Efficient Windows

Listing and Financial Details

  • The owner pays for common area maintenance, real estate taxes, trash collection, water, snow removal
  • Tax Lot 164
  • Assessor Parcel Number 011264900

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • 3-Story Building
  • Pennsport Subdivision

Building Details

  • 1 Vacant Unit
  • Income includes laundry, apartment rentals
  • Insurance Expense $1,805
  • Maintenance Expense $1,800
  • Trash Expense $300
  • Operating Expense $9,439
  • Gross Income $57,780
  • Net Operating Income $49,181

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,045

Year Built

Built in 1915 | Remodeled in 2013

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Unit/Flat
  • Accessibility Features: Doors - Swing In
  • Ownership: Fee Simple
  • Exclusions: Dehumidifier
  • Home Warranty: No
  • Inclusions: 1 set of laundry appliances
  • New Construction: No
  • Expected On Market: 2020-09-23
  • Year Built: 1915
  • Year Renovated: 2013
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Remarks Public: Interactive 3D Tour > https://hfire.co/320DickinsonSt-1 Welcome to 320 Dickinson St in Pennsport. Perfect for an owner-occupied investment with top of the market rents. Note: 1st floor unit is vacant. The property can be delivered as is for an owner occupied, or tenant placed prior to closing. This is an opportunity to own a true turn-key and high performing/legally zoned Triplex in Pennsport, complete with 3 years left on the tax abatement. This building was completely gutted and rebuilt 7 years ago with modern finishes and tile floors throughout. Highest quality tenants in place and strong leases with 60-day notice clause. Building has been meticulously maintained with a cleaning service and HVAC service contracts that will transfer. Tenants pay electric (separate), owner pays water. No Gas! Two 2br/1ba, one 2br/2ba (top floor unit) with roof deck. All units include Central HVAC, Dedicated Hot Water, Granite and High-end Stainless-Steel Appliances with Soft Close Cabinets, Traditional Tile Tub/Shower Bath, and an Audio and Video Intercom system. The common access basement includes tile floors, finished walls and ceilings, coin-op laundry and a locked and dedicated storage room for each apartment. Building also includes secured mail delivery and LED lighting. Discounted Property Management Services available for a true turnkey investment. Blocks away from Dickinson Square Park, Herron Playground, or Jefferson Square and Sacks Playground. Minutes (walk, bike, or drive) from Passyunk Square. Short drive to Penns Landing and the Delaware River Waterfront. Good street parking and convenient access to public transportation. Great for pet owners - plenty of nearby parks and outdoor areas. This property is being offered individually or as part of a portfolio sale. Also available 1621 Brown St (Quad), 113 Rutledge Ave, Folsom, PA (Quad), 116 W Ashland Ave, Glenolden, PA (SFR)
  • Special Features: VirtualTour

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Intercom, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater - High-Efficiency
  • Flooring Type: Tile/Brick
  • Interior Amenities: Ceiling Fan(s), Floor Plan - Traditional, Intercom, Walk-In Closet(s), Breakfast Area, Combination Dining/Living, Kitchen - Eat-In, Kitchen - Galley, Tub Shower, Upgraded Countertops, Recessed Lighting
  • Window Features: Double Hung, Double Pane, Energy Efficient, Screens
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Concrete Perimeter
  • Room Count: 6
  • Basement: Yes
  • Basement Type: Full, Fully Finished, Sump Pump
  • Total Sq Ft: 2974
  • Living Area Sq Ft: 2974
  • Price Per Sq Ft: 243.78
  • Above Grade Finished Sq Ft: 2974
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 320

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Stucco, Vinyl Siding
  • Exterior Features: Exterior Lighting
  • Roof: Asphalt, Flat
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Refuse: 300.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Monthly Average Electric: 45
  • Previous Twelve Months Electric Expense: 540.00
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric, Central
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Security: Carbon Monoxide Detector(s), Intercom, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Monthly Water Average: 95
  • Water Previous Twelve Months: 1140.00
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable, Fiber Optic

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • Elementary School: VARE-WASHINGTON
  • High School: HORACE FURNESS
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • School District Key: 300200397108
  • School District Source: 3rd Party
  • Elementary School: VARE-WASHINGTON
  • High School: HORACE FURNESS

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 186542.00
  • Land Assessed Value: 102417.00
  • Land Use Code: U50
  • Lot Size Acres: 0.03
  • Lot Dimensions: 18.00 x 80.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1440.00
  • Outdoor Living Structures: Roof, Deck(s)
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: RSA5

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Owner Pays: Common Area Maintenance, Taxes - Real Estate, Trash Collection, Water, Snow Removal
  • Rent Control: No
  • Total Actual Rent: 58620.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 875988
  • School Tax: 2219.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 4045.00
  • Assessor Parcel Number: 011264900
  • Tax Lot: 164
  • Tax Total Finished Sq Ft: 2974
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 12/30/2020

Multi Family

  • Number Of Units Vacant: 1
  • Gross Income: 58620.00
  • Gross Scheduled Income: 57780.00
  • Income Includes: Laundry, Apartment Rentals
  • Operating Expense: 9439.00
  • Other Units: Unit 1,Unit 2,Unit 3
  • Vacancy Allowance Rate: 3.00

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2020
Closed on
Dec 23, 2020
Sold by
Altomare Lucio and Altomare Corinn
Bought by
Lovett Jonatha and Diamond Harley David
Seller's Agent
Sergio Altomare
Keller Williams Philadelphia
Buyer's Agent
Kathleen Gail
Coldwell Banker Realty
List Price
$785,000
Sold Price
$685,000
Premium/Discount to List
-$100,000
-12.74%
Current Estimated Value
$811,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,880
Avg. Annual Appreciation
0.99%

Purchase Details

Closed on
May 24, 2013
Sold by
Chang John
Bought by
Kopczynski Corinn and Altomare Lucio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 13, 2012
Sold by
Mann Joseph P
Bought by
Chang John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.78%
Mortgage Type
Commercial
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
Lovett Jonatha $685,000 Sage Premier Settlements
Kopczynski Corinn $350,000 None Available
Chang John $140,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Altomare Lucio $350,000
Previous Owner Kopczynski Corinn $262,500
Previous Owner Kopezynski Jeffrey A $40,000
Previous Owner Pultrone Ralph O $100,000
Previous Owner Chang John $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2020 12/30/20 Sold $685,000 -5.5% $230 / Sq Ft
12/01/2020 12/01/20 Pending -- -- --
10/23/2020 10/23/20 Price Changed $725,000 -4.0% $244 / Sq Ft
10/17/2020 10/17/20 Price Changed $755,000 -1.3% $254 / Sq Ft
10/12/2020 10/12/20 Price Changed $764,900 -2.6% $257 / Sq Ft
09/23/2020 09/23/20 For Sale $785,000 -- $264 / 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 $8,927 $596,200 $119,240 $476,960
2024 $8,927 $596,200 $119,240 $476,960
2023 $5,213 $637,700 $127,540 $510,160
2022 $4,045 $372,417 $127,540 $244,877
2021 $4,045 $0 $0 $0
2020 $4,045 $0 $0 $0
2019 $3,732 $0 $0 $0
2018 $2,919 $0 $0 $0
2017 $2,919 $0 $0 $0
2016 $4,927 $0 $0 $0
2015 $2,450 $0 $0 $0
2014 -- $182,800 $23,984 $158,816
2012 -- $17,376 $2,831 $14,545
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH936314

Bright MLS

APN: 011264900