NOT LISTED FOR SALE

Estimated Value: $352,000 - $405,000

-- Bed
8 Baths
3,420 Sq Ft
$111/Sq Ft Est. Value

Last Sold November 09, 2016

Last sale price $325,000 $95 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,472/month

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 3301 N. 16th (another triplex) and/or 3305 N. 16th Street (vacant lot))

Last Agent to Sell the Property

Noah Ostroff

(215) 607-6007 info@phillyliving.com KW Empower License #RS308424 Listed on: 09/13/2016

KW Empower

Co-Listed By

Mikhal Mary

(215) 310-8080 mikhal@phillyliving.com KW Empower

KW Empower

Last Buyer's Agent

Mikhal Mary

(215) 310-8080 mikhal@phillyliving.com 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
  • Pitched Roof
  • 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 223
  • Assessor Parcel Number 112195000

Community Details

Overview

  • No Home Owners Association
  • Nicetown Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Electric Expense $490
  • Insurance Expense $2,107
  • Other Expense $690
  • Operating Expense $5,278

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: 100.88
  • Above Grade Finished Sq Ft: 3420
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3303

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • Construction Completed: No
  • Roof: Pitched
  • 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: 490.00
  • 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: 1150.00
  • 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: 41220.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Tax Annual Amount: 841.00
  • Assessor Parcel Number: 112195000
  • Tax Lot: 223
  • 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
Current Estimated Value
$378,500

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
$425,184
Interest Rate
3.39%
Mortgage Type
New Conventional
Estimated Equity
-$46,684

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
$345,000
Sold Price
$325,000
Premium/Discount to List
-$20,000
-5.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.72%
Original Mortgage
$227,500
Interest Rate
3.47%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 31, 2013
Sold by
Ayelet Investments Llc
Bought by
Yu Properties Llc

Purchase Details

Closed on
Jun 20, 2013
Sold by
Ninety Four Lp
Bought by
Yu Properties Llc

Purchase Details

Listed on
May 14, 2012
Closed on
Jul 6, 2012
Sold by
Faloon Investments Llc
Bought by
Ninety Four Lp
Seller's Agent
Larry Levin
Realty Mark Associates-CC
Buyer's Agent
Neil Spak
Coldwell Banker Realty
List Price
$85,000
Sold Price
$75,000
Premium/Discount to List
-$10,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.94%

Purchase Details

Closed on
Sep 24, 2007
Sold by
Susser Bruce Ira
Bought by
Falcon Investments Llc

Purchase Details

Closed on
Feb 26, 2007
Sold by
Estate Of Hilda Z Bousley
Bought by
Susser Bruce Ira
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
Delancey Holdings Llc $750,000 City Line Abstract
Lin Qing $325,000 None Available
Yu Properties Llc $80,000 None Available
Yu Properties Llc -- None Available
Ninety Four Lp $75,000 Title Services
Falcon Investments Llc $75,000 None Available
Susser Bruce Ira $65,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delancey Holdings Llc $525,000
Previous Owner Lin Qing $227,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/09/2016 11/09/16 Sold $325,000 -5.8% $95 / Sq Ft
10/02/2016 10/02/16 Pending -- -- --
09/13/2016 09/13/16 For Sale $345,000 +360.0% $101 / Sq Ft
07/10/2012 07/10/12 Sold $75,000 -11.8% $22 / Sq Ft View Prior Sale
05/23/2012 05/23/12 Pending -- -- --
05/14/2012 05/14/12 For Sale $85,000 -- $25 / 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: 1002508170

Bright MLS

APN: 112195000