$310,000
SOLD NOV 9, 2016
-- Bed
-- Bath
3,420 Sq Ft
3,000 Sq Ft Lot

Recently Sold

$91 Per Sq Ft

5% Below List Price

19 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Laundry Facilities
  • Home Security System
  • Central Air
  • Heating Available

About This Home

As of November 2016

A fantastic investment opportunity in a prime location! The property includes 3 units, all updated and currently generating rental income. Each unit includes hardwood flooring, updated appliances and more. Located in North Philly, this building is close to schools, Temple University Hospital, not to mention close to public transportation, which leaves you only minutes from Center City. Don't wait, take advantage of this opportunity today! Tenants pay for electric, heat, hot water, and cable TV. Real Property Management (the current management company) is offering 6 months of free management services. (Also available for purchase as a package with 3303 N. 16th (another triplex) and/or 3305 N. 16th Street (vacant lot))

Last Agent to Sell the Property

Noah Ostroff

KW Empower License #RS308424 Listed on: 09/13/2016

KW Empower

Co-Listed By

Mikhal Mary

KW Empower

KW Empower

Last Buyer's Agent

Mikhal Mary

KW Empower

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $841

Year Built

  • Built in 1939

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 25x120

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Stucco

Interior Spaces

  • En-Suite Primary Bedroom
  • 3,420 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Home Security System

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 46
  • Assessor Parcel Number 112194900

Community Details

Overview

  • No Home Owners Association
  • Nicetown Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Electric Expense $620
  • Insurance Expense $2,107
  • Other Expense $690
  • Operating Expense $5,834

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$841

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 690.00
  • Year Built: 1939
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Common
  • Total Sq Ft: 3420
  • Living Area Sq Ft: 3420
  • Price Per Sq Ft: 95.03
  • Above Grade Finished Sq Ft: 3420
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3301

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Expense: 620.00
  • Heating Fuel: Electric
  • Heating Type: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 1576.00
  • 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

  • Land Use Code: N50
  • Lot Size Acres: 0.07
  • Lot Dimensions: 25X120
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3000.00
  • Zoning: RSA3

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 39000.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Tax Annual Amount: 841.00
  • Assessor Parcel Number: 112194900
  • Tax Lot: 46
  • Tax Year: 2016
  • Close Date: 11/09/2016

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2022
Sold by
Qing Lin
Bought by
Delancey Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Outstanding Balance
$435,208
Interest Rate
3.39%
Mortgage Type
New Conventional
Estimated Equity
$328,292

Purchase Details

Listed on
Sep 13, 2016
Closed on
Nov 9, 2016
Sold by
Yu Properties Llc
Bought by
Lin Qing
Seller's Agent
Noah Ostroff
KW Empower
Buyer's Agent
Mikhal Mary
KW Empower
List Price
$325,000
Sold Price
$310,000
Premium/Discount to List
-$15,000
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.90%
Original Mortgage
$217,000
Interest Rate
3.42%
Mortgage Type
Commercial

Purchase Details

Listed on
May 14, 2012
Closed on
Jul 6, 2012
Sold by
Secret Properties Llc
Bought by
Ayelet Investments Llc
Seller's Agent
Larry Levin
Realty Mark Associates-CC
Buyer's Agent
Neil Spak
Coldwell Banker Realty
List Price
$75,000
Sold Price
$67,000
Premium/Discount to List
-$8,000
-10.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.44%

Purchase Details

Closed on
Sep 24, 2007
Sold by
Susser Bruce Ira
Bought by
Secret Properties Llc

Purchase Details

Closed on
Oct 3, 2006
Sold by
Bousley Roosevelt
Bought by
Susser Bruce Ira
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $750,000 City Line Abstract
Deed $310,000 None Available
Deed $67,000 None Available
Deed $75,000 None Available
Deed $60,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $525,000 New Conventional
Previous Owner $241,500 Commercial
Previous Owner $217,000 Commercial
Previous Owner $450,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2025 05/10/25 Price Changed $790,000 -3.1% $115 / Sq Ft
05/10/2025 05/10/25 For Sale $815,000 0.0% $119 / Sq Ft
03/11/2025 03/11/25 Off Market $815,000 -- --
11/20/2024 11/20/24 For Sale $815,000 +162.9% $119 / Sq Ft
11/09/2016 11/09/16 Sold $310,000 -4.6% $91 / Sq Ft
10/02/2016 10/02/16 Pending -- -- --
09/13/2016 09/13/16 For Sale $325,000 +385.1% $95 / Sq Ft
07/12/2012 07/12/12 Sold $67,000 -10.7% $20 / Sq Ft
05/23/2012 05/23/12 Pending -- -- --
05/14/2012 05/14/12 For Sale $75,000 -- $22 / 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 $5,666 $294,000 $58,800 $235,200
2024 $5,666 $294,000 $58,800 $235,200
2023 $5,666 $404,800 $80,960 $323,840
2022 $4,482 $776,000 $155,200 $620,800
2021 $4,482 $0 $0 $0
2020 $4,482 $0 $0 $0
2019 $4,332 $0 $0 $0
2018 $841 $0 $0 $0
2017 $841 $0 $0 $0
2016 $8,149 $0 $0 $0
2015 $8,149 $0 $0 $0
2014 -- $83,400 $13,866 $69,534
2012 -- $17,600 $2,000 $15,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002508272

Bright MLS

APN: 112194900