NOT LISTED FOR SALE

Estimated Value: $280,000

0.02 Acre
$14,000,000 Price per Acre
1,050 Sq Ft Lot

Last Sold April 29, 2022

Last sale price $240,000

Est. 17% increase in value since last sale

Current estimated payment $1,611/month

24 Days on Market

About This Lot

As of April 2022

This Lot is 15' x 70' and Zoned CMX-2 with an asking price of $29,750 and taxes that were only $202 for all of 2020. It is being sold with the property next door at 3312 Kensington Ave which has Great Curb Appeal and is also a CMX-2 Zoned property and available for an additional $229,000 but the Seller will Entertain Selling them Separately. First floor features a 1,500 Sq ft Commercial Storefront and is ready to fit out for the new tenant with a new HVAC system, New Front Window and Door for the Business with Security Gate Set Up installed and much, much more. The 2nd Floor is a 1,050 Sq ft , 1 Bedroom 1 Bath Rental unit featuring Granite Counters in the Remodeled Kitchen and Bath which is currently being rented under market rents at $850 per month. This is a Great Investment Opportunity and could make a great location for their own business with the possibility of using the lot as an Option for Dining or a Social distancing ability others wish they had.

Last Agent to Sell the Property

Steve Lecco

Coldwell Banker Hearthside Realtors License #RS-285348 Listed on: 11/30/2020

Coldwell Banker Hearthside Realtors

Last Buyer's Agent

Steve Lecco

Coldwell Banker Hearthside Realtors License #RS-285348 Listed on: 11/30/2020

Coldwell Banker Hearthside Realtors

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $202

Lot Details

  • 1,050 Sq Ft Lot
  • Lot Dimensions are 15.00 x 70.00
  • Property is zoned CMX-2, Commercial and Mixed Use

Utilities

  • Water Source Within 50 Feet
  • Sewer Within 50 Feet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 65
  • Assessor Parcel Number 885786260

Property Details

Property Type

Land

Est. Annual Taxes

$202

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: This Lot is 15' x 70' and Zoned CMX-2 with an asking price of $29,750 and taxes that were only $202 for all of 2020. It is being sold with the property next door at 3312 Kensington Ave which has Great Curb Appeal and is also a CMX-2 Zoned property and available for an additional $229,000 but the Seller will Entertain Selling them Separately. First floor features a 1,500 Sq ft Commercial Storefront and is ready to fit out for the new tenant with a new HVAC system, New Front Window and Door for the Business with Security Gate Set Up installed and much, much more. The 2nd Floor is a 1,050 Sq ft , 1 Bedroom 1 Bath Rental unit featuring Granite Counters in the Remodeled Kitchen and Bath which is currently being rented under market rents at $850 per month. This is a Great Investment Opportunity and could make a great location for their own business with the possibility of using the lot as an Option for Dining or a Social distancing ability others wish they had.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 28.33
  • Street Number Modifier: 3310

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Within 50 Ft
  • Water Source: Within 50 Ft

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Use Code: SC
  • Lot Size Acres: 0.02
  • Lot Dimensions: 15.00 x 70.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1050.00
  • Possible Use: Clothing, Commercial, Convenience Store, Day Care, Financial, Food & Beverage, Food Market, Medical/Dental, Mixed Use, Office, Professional Service, Restaurant, Retail, Senior Assisted/Day Care, Church
  • Year Assessed: 2021
  • Zoning: CMX-2
  • Zoning Description: Commercial and Mixed Use
  • Farmland Preservation: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1083486
  • School Tax: 111.00
  • Tax Annual Amount: 202.00
  • Assessor Parcel Number: 885786260
  • Tax Lot: 65
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 04/29/2022

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2017
Sold by
Rutledge Brian and Rutledge Denise
Bought by
Kensington Corridor Partners Llc
Current Estimated Value
$280,000
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
Kensington Corridor Partners Llc $12,900 Land Title Building
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $240,000 +706.7% --
12/24/2020 12/24/20 Pending -- -- --
11/30/2020 11/30/20 For Sale $29,750 -- --
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 $1,060 $75,700 $75,700 --
2024 $1,060 $75,700 $75,700 --
2023 $1,060 $75,700 $75,700 $0
2022 $202 $75,700 $75,700 $0
2021 $202 $0 $0 $0
2020 $202 $0 $0 $0
2019 $202 $0 $0 $0
2018 $196 $0 $0 $0
2017 $220 $0 $0 $0
2016 $1,292 $0 $0 $0
2015 $1,237 $0 $0 $0
2014 -- $92,300 $6,348 $85,952
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH966076

Bright MLS

APN: 885786260