NOT LISTED FOR SALE

Estimated Value: $658,000 - $881,112

-- Bed
-- Bath
2,292 Sq Ft
$349/Sq Ft Est. Value

Last Sold October 21, 2015

Last sale price $425,000 $185 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $4,928/month

273 Days on Market

Highlights

  • No HOA
  • Hot Water Heating System
  • 3-minute walk to Cat Park
  • En-Suite Primary Bedroom

About This Home

As of October 2015

Great Investment in booming Powelton Village! Perfect for an owner occupant to live in one of the units and rent out the rest! This is a 4 unit building with a studio, 1 bedroom and two 2 bedroom apartments. There are hardwood floors in bedrooms and common areas of all units except #3 which as laminate flooring. Access to basement and yard through 1st floor unit. All apartments are occupied. Tenants pay electric and gas stove. Owner pays heat & hot water (gas). Located close to many Universities, including Drexel and U. of Penn. Also, a short distance from the Penn Medical Center, U. City Science Center and CHOP! Convenient to public transportation, many restaurants and shops.

Last Agent to Sell the Property

Christos Tzimoulis

New Age Realty Group Inc License #RM423707 Listed on: 12/26/2014

Last Buyer's Agent

Christie Paine

BHHS Fox & Roach-Haverford License #AB067297

BHHS Fox & Roach-Haverford

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,520

Lot Details

  • 1,536 Sq Ft Lot
  • Lot Dimensions are 16x96
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,292 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Gas
  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 133
  • Assessor Parcel Number 242003500

Community Details

Overview

  • No Home Owners Association
  • Powelton Village Subdivision

Building Details

  • Electric Expense $200
  • Operating Expense $9,220

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,520

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Exclusions: Mastered Medico Lock System; Tenant's Personal Items
  • Inclusions: 4 Refrigerators
  • New Construction: No
  • Remarks Public: Great Investment in booming Powelton Village! Perfect for an owner occupant to live in one of the units and rent out the rest! This is a 4 unit building with a studio, 1 bedroom and two 2 bedroom apartments. There are hardwood floors in bedrooms and common areas of all units except #3 which as laminate flooring. Access to basement and yard through 1st floor unit. All apartments are occupied. Tenants pay electric and gas stove. Owner pays heat & hot water (gas). Located close to many Universities, including Drexel and U. of Penn. Also, a short distance from the Penn Medical Center, U. City Science Center and CHOP! Convenient to public transportation, many restaurants and shops.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Entry Location: Foyer
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2292
  • Living Area Sq Ft: 2292
  • Price Per Sq Ft: 207.24
  • Above Grade Finished Sq Ft: 2292
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3331

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • 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

  • Annual Heating Expense: 2400.00
  • Central Air Conditioning: No
  • Electric Expense: 200.00
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 2100.00
  • 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: 308753.00
  • Land Assessed Value: 28547.00
  • Land Use Code: U50
  • Lot Size Acres: 0.04
  • Lot Dimensions: 16X96
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1536.00
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 48000.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Single Room Units Count: 1

Tax Info

  • Assessor Parcel Number: 1027339
  • Tax Annual Amount: 4520.00
  • Assessor Parcel Number: 242003500
  • Tax Lot: 133
  • Tax Year: 2015
  • Close Date: 10/21/2015

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2014
Closed on
Oct 21, 2015
Sold by
Tandon Shamsher B and Tandon Bajendra
Bought by
Chung Jimmy C and Chung Pei Yen
Seller's Agent
Christos Tzimoulis
New Age Realty Group Inc
Buyer's Agent
Christie Paine
BHHS Fox & Roach-Haverford
List Price
$560,000
Sold Price
$425,000
Premium/Discount to List
-$135,000
-24.11%
Current Estimated Value
$807,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$382,310
Avg. Annual Appreciation
5.43%
Original Mortgage
$318,750
Outstanding Balance
$140,904
Interest Rate
3.92%
Mortgage Type
Commercial
Estimated Equity
$573,704

Purchase Details

Closed on
Dec 4, 2013
Sold by
Tandon Shamsher and Tandon Shamsher B
Bought by
Tandon Shamsher B and Tandon Bajendra

Purchase Details

Closed on
Dec 1, 1978
Bought by
Shamsher B Tandon
Source: Public Records

Range of Values:

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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
Chung Jimmy C $425,000 None Available
Tandon Shamsher B -- None Available
Shamsher B Tandon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chung Jimmy C $318,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2015 10/21/15 Sold $425,000 -24.1% $185 / Sq Ft
09/25/2015 09/25/15 Pending -- -- --
12/26/2014 12/26/14 For Sale $560,000 -- $244 / 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 $6,078 $667,700 $133,540 $534,160
2024 $6,078 $667,700 $133,540 $534,160
2023 $6,078 $434,200 $86,840 $347,360
2022 $5,133 $434,200 $86,840 $347,360
2021 $5,133 $0 $0 $0
2020 $5,133 $0 $0 $0
2019 $4,941 $0 $0 $0
2018 $4,722 $0 $0 $0
2017 $4,722 $0 $0 $0
2016 $4,722 $0 $0 $0
2015 $32,958 $0 $0 $0
2014 -- $337,300 $28,547 $308,753
2012 -- $20,128 $3,885 $16,243
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003628567

Bright MLS

APN: 242003500