NOT LISTED FOR SALE

3408 Ashfield Ln Philadelphia, PA 19114

Northeast Philadelphia Neighborhood

Estimated Value: $326,000 - $364,000

-- Bed
3 Baths
1,600 Sq Ft
$214/Sq Ft Est. Value

Last Sold January 08, 2021

Last sale price $253,000 $158 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,053/month

About This Home

As of January 2021

Excellent 2 +1 duplex in the Greater NE Philadelphia area. Solid building, desirable area, strong rental income. 1st Floor is rented at $850/Monthly, Tenant is on month to month lease. 2nd floor is a 2 bedroom and is vacant. Very easy parking, close to Rt 13 and Academy rd, Woodhaven rd, Turnpike and Rt1. Going rents are Very high for this area. Some repairs on the 2 bedroom are in the process of being completed by the owner.

Last Agent to Sell the Property

Alex Rhine

(267) 981-1183 alexander.rhine@gmail.com Redfin Corporation License #RS195891L Listed on: 11/13/2020

Redfin Corporation

Last Buyer's Agent

Harry Mims

(267) 275-6565 harrymims@gmail.com KW Empower License #RS285854

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,973

Year Built

  • Built in 1967

Lot Details

  • 2,352 Sq Ft Lot
  • Lot Dimensions are 19.93 x 118.00

Home Design

  • 1,600 Sq Ft Home
  • Duplex
  • AirLite
  • Masonry

Unfinished Basement

  • Connecting Stairway
  • Interior Basement Entry
  • Shelving

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • On-Street Parking
  • Parking Lot
  • Off-Street Parking

Utilities

  • 90% Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 142
  • Assessor Parcel Number 661167500

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 2-Story Building
  • Morrell Park Subdivision

Building Details

  • Trash Expense $300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,973

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Airlite
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1967
  • Automatically Close On Close Date: No
  • Remarks Public: Excellent 2 +1 duplex in the Greater NE Philadelphia area. Solid building, desirable area, strong rental income. 1st Floor is rented at $850/Monthly, Tenant is on month to month lease. 2nd floor is a 2 bedroom and is vacant. Very easy parking, close to Rt 13 and Academy rd, Woodhaven rd, Turnpike and Rt1. Going rents are Very high for this area. Some repairs on the 2 bedroom are in the process of being completed by the owner.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Unfinished, Shelving, Interior Access
  • Total Sq Ft: 1600
  • Living Area Sq Ft: 1600
  • Price Per Sq Ft: 168.69
  • Above Grade Finished Sq Ft: 1600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3408

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Off Street, On Street, Parking Lot
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas Available
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 148680.00
  • Land Assessed Value: 63720.00
  • Land Use Code: W31
  • Lot Size Acres: 0.05
  • Lot Dimensions: 19.93 x 118.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2352.00
  • Year Assessed: 2020
  • Zoning: RSA4

Rental Info

  • Existing Lease Type: Month To Month
  • Rent Control: No
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1369051
  • School Tax: 1631.00
  • Tax Annual Amount: 2973.00
  • Assessor Parcel Number: 661167500
  • Tax Lot: 142
  • Tax Total Finished Sq Ft: 1600
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 01/08/2021

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2020
Closed on
Jan 7, 2021
Sold by
Molt Jeremy and Molt Gloria P
Bought by
Fulton Jamar
Seller's Agent
Alex Rhine
Redfin Corporation
Buyer's Agent
Harry Mims
KW Empower
List Price
$269,900
Sold Price
$253,000
Premium/Discount to List
-$16,900
-6.26%
Current Estimated Value
$341,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,875
Avg. Annual Appreciation
6.49%
Original Mortgage
$189,750
Outstanding Balance
$169,233
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$172,642

Purchase Details

Listed on
Jun 21, 2016
Closed on
Jan 6, 2017
Sold by
Moyer Donald L
Bought by
Molt Jeremy and Molt Gloria P
Seller's Agent
Scott Geller
RE/MAX Centre Realtors
Buyer's Agent
Alex Rhine
Redfin Corporation
List Price
$184,900
Sold Price
$168,500
Premium/Discount to List
-$16,400
-8.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.56%
Original Mortgage
$126,375
Interest Rate
4.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 23, 2002
Sold by
Gray Harold N and Gray Jane G
Bought by
Falcone Philip

Purchase Details

Closed on
Oct 17, 2000
Sold by
Gray Harold N
Bought by
Gray Harold N and Gray Jane G
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
Fulton Jamar $253,000 Great American Abstract Llc
Molt Jeremy $168,500 Alpert Abstract Llc
Falcone Philip $72,900 Security Search & Abstract C
Gray Harold N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fulton Jamar $189,750
Previous Owner Molt Jeremy $126,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/08/2021 01/08/21 Sold $253,000 -6.3% $158 / Sq Ft
12/03/2020 12/03/20 Pending -- -- --
11/15/2020 11/15/20 For Sale $269,900 +6.7% $169 / Sq Ft
11/13/2020 11/13/20 Off Market $253,000 -- --
11/13/2020 11/13/20 For Sale $269,900 +60.2% $169 / Sq Ft
12/22/2016 12/22/16 Sold $168,500 -8.9% $105 / Sq Ft View Prior Sale
11/17/2016 11/17/16 Pending -- -- --
06/21/2016 06/21/16 For Sale $184,900 -- $116 / 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 $3,119 $337,500 $67,500 $270,000
2024 $3,119 $337,500 $67,500 $270,000
2023 $3,119 $222,800 $44,560 $178,240
2022 $2,973 $222,800 $44,560 $178,240
2021 $2,973 $0 $0 $0
2020 $2,973 $0 $0 $0
2019 $2,800 $0 $0 $0
2018 $2,308 $0 $0 $0
2017 $2,308 $0 $0 $0
2016 $2,308 $0 $0 $0
2015 $2,210 $0 $0 $0
2014 -- $164,900 $54,468 $110,432
2012 -- $23,744 $2,707 $21,037
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Alex Rhine

    Redfin Corporation

    Alex Rhine
    Section Image

  • H

    Buyer's Agent in 2021

    Harry Mims

    KW Empower

    (267) 275-6565

    1 in this area

    6 Total Sales

    Harry Mims
    Section Image
  • Scott Geller

    Seller's Agent in 2016

    Scott Geller

    Re/Max Centre Realtors

    (215) 783-6960

    1 in this area

    47 Total Sales

    Scott Geller
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH954846

Bright MLS

APN: 661167500

Pennsylvania Philadelphia County Philadelphia 19114 Northeast Philadelphia

3408 Ashfield Ln, Philadelphia, PA

This home is located at 3408 Ashfield Ln, Philadelphia, PA 19114 since 13 November 2020 and is currently estimated at $341,875, approximately $213 per square foot. This property was built in 1967. 3408 Ashfield Ln is a home located in Philadelphia County with nearby schools including The John Hancock Demonstration Elementary School, George Washington High School, and Christ The King Elementary School.

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