NOT LISTED FOR SALE

Estimated Value: $710,000 - $1,749,846

-- Bed
8 Baths
1 Sq Ft
$1,229,923/Sq Ft Est. Value

Last Sold January 02, 2019

Last sale price $1,149,995 $1,149,995 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,118/month

18 Days on Market

Highlights

  • Wood Flooring
  • En-Suite Primary Bedroom
  • Back Up Electric Heat Pump System
  • No HOA
  • Central Air
  • 1-minute walk to Cat Park

About This Home

As of January 2019

Location! Location! Location! Total New Rehab/ New Construction in University City. Terrific Property within footsteps of Drexel, UPenn, Museums, transportation, restaurants and shops. Building was gutted and rebuilt 2018. All new plumbing, electrical, HVAC, sprinklers, windows, baths, kitchens. Hardwood floors throughout. All new leases. Fully occupied by Drexel Students. Ten year tax abatement (filed and pending). Buy in the heart of the city with easy access to everything Philadelphia offers. Close to center city, major roadways, train, and more. Tour now.

Last Agent to Sell the Property

Kevin Murphy

Main Line Executive Realty License #RM422225 Listed on: 09/21/2018

Last Buyer's Agent

Jonathan Beaulieu

JBMP Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,380

Year Built

  • Built in 1935 | Remodeled in 2018

Lot Details

  • 1,785 Sq Ft Lot
  • Lot Dimensions are 20x90
  • Property is in good condition

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Parking

  • On-Street Parking
  • Surface Parking

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • 200+ Amp Service
  • 100 Amp Service
  • Electric Water Heater

Additional Features

  • Wood Flooring
  • En-Suite Primary Bedroom
  • Laundry in unit
  • Basement Fills Entire Space Under The House

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 242042200

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • University City Subdivision

Building Details

  • Electric Expense $360
  • Insurance Expense $3,600
  • Maintenance Expense $1,000
  • Other Expense $420
  • Operating Expense $10,760

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,380

Year Built

Built in 1935 | Remodeled in 2018

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 420.00
  • Year Built: 1935
  • Year Renovated: 2018
  • Remarks Public: Location! Location! Location! Total New Rehab/ New Construction in University City. Terrific Property within footsteps of Drexel, UPenn, Museums, transportation, restaurants and shops. Building was gutted and rebuilt 2018. All new plumbing, electrical, HVAC, sprinklers, windows, baths, kitchens. Hardwood floors throughout. All new leases. Fully occupied by Drexel Students. Ten year tax abatement (filed and pending). Buy in the heart of the city with easy access to everything Philadelphia offers. Close to center city, major roadways, train, and more. Tour now.
  • Special Features: None

Interior Features

  • Flooring Type: Wood
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1
  • Living Area Sq Ft: 1
  • Price Per Sq Ft: 1149995.00
  • Above Grade Finished Sq Ft: 1
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3213

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Expense: 360.00
  • Electric Service: 100 Amp Service, 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 3000.00
  • 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: 144500.00
  • Land Assessed Value: 25500.00
  • Land Use Code: O50
  • Lot Size Acres: 0.04
  • Lot Dimensions: 20X90
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1785.00
  • Property Condition: Good
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 104400.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Assessor Parcel Number: 1027566
  • Tax Annual Amount: 2380.00
  • Assessor Parcel Number: 242042200
  • Tax Lot: 27
  • Tax Year: 2018
  • Close Date: 01/02/2019

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2018
Closed on
Jan 2, 2019
Sold by
3213 Haverford Associates Llc
Bought by
Haverford Housing Partners Lp
Seller's Agent
Kevin Murphy
Main Line Executive Realty
Buyer's Agent
Jonathan Beaulieu
JBMP Group
List Price
$1,149,995
Sold Price
$1,149,995
Current Estimated Value
$1,229,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,928
Avg. Annual Appreciation
-1.28%
Original Mortgage
$862,000
Outstanding Balance
$766,776
Interest Rate
4.8%
Mortgage Type
Commercial
Estimated Equity
$288,542

Purchase Details

Closed on
Nov 28, 2017
Sold by
Finite Developers Llc
Bought by
3213 Haverford Associates Llc

Purchase Details

Closed on
Aug 8, 2016
Sold by
Pitts Ryburn E
Bought by
Finite Developers Llc

Purchase Details

Closed on
Nov 12, 2014
Sold by
Hart John G and Hart Marietta
Bought by
Finite Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.21%
Mortgage Type
Purchase Money Mortgage
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
Haverford Housing Partners Lp $1,149,995 None Available
3213 Haverford Associates Llc $215,000 Assurance Abstract Corp
Finite Developers Llc $120,000 None Available
Finite Development Llc $120,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haverford Housing Partners Lp $862,000
Previous Owner 3213 Haverford Associates Llc $448,000
Previous Owner Finite Developers Llc $140,000
Previous Owner Hart John G $84,933
Previous Owner Hart John G $70,642
Previous Owner Hart John G $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2019 01/02/19 Sold $1,149,995 0.0% $1,149,995 / Sq Ft
10/09/2018 10/09/18 Pending -- -- --
09/21/2018 09/21/18 For Sale $1,149,995 -- $1,149,995 / 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 $5,629 $892,700 $178,540 $714,160
2024 $5,629 $892,700 $178,540 $714,160
2023 $5,629 $1,142,400 $228,480 $913,920
2022 $3,809 $402,125 $228,480 $173,645
2021 $3,809 $0 $0 $0
2020 $3,957 $0 $0 $0
2019 $3,809 $0 $0 $0
2018 $973 $0 $0 $0
2017 $3,749 $0 $0 $0
2016 $3,749 $0 $0 $0
2015 $3,589 $0 $0 $0
2014 -- $267,800 $16,955 $250,845
2012 -- $9,184 $1,879 $7,305
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1006215446

Bright MLS

APN: 242042200