Seller's Agent in 2019
Mark Cohen
Long & Foster Real Estate, Inc.
(610) 564-8444
45 Total Sales
3258 Wellington St Philadelphia, PA 19149
Mayfair NeighborhoodEstimated Value: $598,472
--
Bed
--
Bath
2,240
Sq Ft
$267/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- 1 Car Attached Garage
- Intercom
- No HOA
- Built-In Features
- Forced Air Heating and Cooling System
About This Home
As of September 2019This is a tremendous 3-unit building in the heart of Mayfair, conveniently located near the Roosevelt Boulevard and Frankford Avenue but on a peaceful and attractive corner. The building and each floor have been renovated and are ready for many years of low maintenance. The main floor was recently rented for 3 years at $1,200 / month to a small business owner. This unit has a large work area, a powder room and a break area. The second and third floors each have a 2-bedroom, 1 bath apartment, all up-to-date and modernized with eat-in kitchens, living room, full bathrooms, a dedicated washer and dryer plus a storage locker in the basement. The third floor is rented as of 8/1/2019 at $1,350 / month and the expected rent for the second floor is $1,450 / month and tenants pay all utilities. There is already great demand for this apartment (which is loaded with upgrades including central air) and the building can be delivered fully rented but we are trying to give a new landlord an opportunity to occupy or lease. Each of the apartments has a dedicated washer/dryer and a storage unit in the basement. New windows, new roof with 5-year warranty. This is the best and biggest of what's available in the area!
Last Agent to Sell the Property
(610) 564-8444 markacohen@msn.com Long & Foster Real Estate, Inc. License #AB066688 Listed on: 07/17/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,941
Year Built
- Built in 1950
Lot Details
- 1,683 Sq Ft Lot
- Lot Dimensions are 19.13 x 88.00
- Property is in good condition
Parking
- 1 Car Attached Garage
- Garage Door Opener
- On-Street Parking
Home Design
- Triplex
- Colonial Architecture
- Masonry
Interior Spaces
- Built-In Features
- Improved Basement
- Interior and Exterior Basement Entry
- Washer
Kitchen
- Built-In Range
- Built-In Microwave
- Dishwasher
Home Security
- Intercom
- Exterior Cameras
Utilities
- Forced Air Heating and Cooling System
- Window Unit Cooling System
- Natural Gas Water Heater
Listing and Financial Details
- The owner pays for common area maintenance, heater maintenance contract, insurance, snow removal, real estate taxes
- Tax Lot 349
- Assessor Parcel Number 551460705
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- 2 Vacant Units
- Income includes apartment rentals, professional offices
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 17, 2019
Closed on
Aug 21, 2019
Sold by
Gruber Gerard P
Bought by
Chen Yanqing
Seller's Agent
Mark Cohen
Long & Foster Real Estate, Inc.
Buyer's Agent
Jessica Li
BY Real Estate
List Price
$424,900
Sold Price
$400,000
Premium/Discount to List
-$24,900
-5.86%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,472
Avg. Annual Appreciation
6.71%
Purchase Details
Closed on
Jun 10, 2003
Sold by
Gruber Gerard P and Gruber Gia M
Bought by
Gruber Gerard P
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chen Yanqing | $400,000 | First City Abstract Agcy Inc | |
| Gruber Gerard P | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/04/2019 09/04/19 | Sold | $400,000 | -5.9% | $179 / Sq Ft |
| 07/21/2019 07/21/19 | Pending | -- | -- | -- |
| 07/17/2019 07/17/19 | For Sale | $424,900 | -- | $190 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2026 | $2,941 | $210,099 | $26,367 | $183,732 |
| 2025 | $2,941 | $210,099 | $26,367 | $183,732 |
| 2024 | $2,941 | $210,099 | $26,367 | $183,732 |
| 2023 | $2,941 | $210,099 | $26,367 | $183,732 |
| 2022 | $2,521 | $180,100 | $26,367 | $153,733 |
| 2021 | $2,941 | $0 | $0 | $0 |
| 2020 | $2,941 | $0 | $0 | $0 |
| 2019 | $2,822 | $0 | $0 | $0 |
| 2018 | $2,822 | $0 | $0 | $0 |
| 2017 | $2,822 | $0 | $0 | $0 |
| 2016 | $2,507 | $0 | $0 | $0 |
| 2015 | $2,400 | $0 | $0 | $0 |
| 2014 | -- | $201,600 | $25,300 | $176,300 |
| 2012 | -- | $44,800 | $3,834 | $40,966 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Cohen
-
Jessica Li
J
Buyer's Agent in 2019
Jessica Li
BY Real Estate
(215) 990-2089
2 in this area
31 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH816288
APN: 551460705
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