NOT LISTED FOR SALE

3617 Powelton Ave Philadelphia, PA 19104

Powelton Village Neighborhood

Estimated Value: $717,000 - $849,000

-- Bed
4 Baths
3,150 Sq Ft
$244/Sq Ft Est. Value

Last Sold October 06, 2023

Last sale price $660,000 $210 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,636/month

246 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating
  • 2-minute walk to Lancaster Avenue And 38Th Street

About This Home

As of October 2023

Value-add quadplex in University City with tremendous rental upside, in a superior UCITY location prized for its perennial rentability to Drexel University (and University of Pennsylvania) students. Massive curb appeal featuring an old-fashioned front porch, exterior detailing, classic Victorian-era masonry. The Owner's unit on the ground floor feels like a luxury condo. The upper units (one studio and two 1bd units) are extremely efficient in their design/layout. Basement laundry, radiant heat and window AC units. The Property is surrounded by billions of dollars in active-stage institutional-grade real estate development that is currently reshaping The City of Philadelphia into a world-class destination for an interconnected economy rooted in life-sciences, biomedical research, innovation districts, healthcare, higher education and live-work-play environments. 3617 Powelton = Coveted value-add real estate in a top-performing major US metro.

Last Agent to Sell the Property

Ryan McManus

ryan@agentphl.com Keller Williams Liberty Place Listed on: 12/29/2022

Last Buyer's Agent

Kate Kyle

(484) 437-2369 kate@phillyhomegirls.com Elfant Wissahickon Realtors License #RS345857

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,867

Year Built

  • Built in 1915

Lot Details

  • 2,766 Sq Ft Lot
  • Lot Dimensions are 26.00 x 106.00

Parking

  • On-Street Parking

Home Design

  • 3,150 Sq Ft Home
  • Quadruplex
  • Traditional Architecture
  • Stone Siding
  • Masonry

Utilities

  • Central Heating
  • Electric Water Heater

Community Details

  • 4 Units
  • University City Subdivision

Listing and Financial Details

  • Tax Lot 86
  • Assessor Parcel Number 241150800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,867

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2023-01-03
  • Year Built: 1915
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Foundation Details: Other
  • Total Sq Ft: 3150
  • Living Area Sq Ft: 3150
  • Price Per Sq Ft: 253.97
  • Above Grade Finished Sq Ft: 3150
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3617

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Land Use Code: N50
  • Lot Size Acres: 0.06
  • Lot Dimensions: 26.00 x 106.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2766.00
  • Year Assessed: 2023
  • Zoning: RTA1

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 3768.00
  • Tax Annual Amount: 6867.00
  • Assessor Parcel Number: 241150800
  • Tax Lot: 86
  • Tax Total Finished Sq Ft: 3150
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 10/06/2023

Multi Family

  • Single Room Units Count: 1

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2010
Sold by
Lachi David T and Lachi Alicia C
Bought by
Lachi David T and Lachi Alicia M
Current Estimated Value
$769,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 30, 1997
Sold by
Emc Mtg Corp
Bought by
Lachi David T and Lachi Alicia C

Purchase Details

Closed on
Jun 17, 1996
Sold by
Green John D
Bought by
Emc Mtg Corp
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
Lachi David T -- None Available
Lachi David T $90,000 --
Emc Mtg Corp $5,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lachi David T $307,000
Closed Lachi David T $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2023 10/06/23 Sold $660,000 -17.5% $210 / Sq Ft
09/01/2023 09/01/23 Pending -- -- --
08/07/2023 08/07/23 For Sale $800,000 +21.2% $254 / Sq Ft
08/05/2023 08/05/23 Off Market $660,000 -- --
06/25/2023 06/25/23 Price Changed $800,000 -6.4% $254 / Sq Ft
04/14/2023 04/14/23 Price Changed $855,000 -5.0% $271 / Sq Ft
03/20/2023 03/20/23 Price Changed $899,999 -5.2% $286 / Sq Ft
02/14/2023 02/14/23 Price Changed $949,000 -5.1% $301 / Sq Ft
12/29/2022 12/29/22 For Sale $999,999 -- $317 / 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 $6,867 $844,200 $168,800 $675,400
2024 $6,867 $844,200 $168,800 $675,400
2023 $6,867 $490,600 $98,120 $392,480
2022 $7,521 $490,600 $98,120 $392,480
2021 $7,521 $0 $0 $0
2020 $7,521 $0 $0 $0
2019 $7,240 $0 $0 $0
2018 $5,088 $0 $0 $0
2017 $5,088 $0 $0 $0
2016 $5,088 $0 $0 $0
2015 $4,871 $0 $0 $0
2014 -- $363,500 $51,401 $312,099
2012 -- $23,872 $4,946 $18,926
Source: Public Records

Agents Affiliated with this Home

  • Ryan McManus

    Seller's Agent in 2023

    Ryan McManus

    Keller Williams Liberty Place

    (267) 838-5265

    3 in this area

    147 Total Sales

    Ryan McManus
    Section Image
  • Kate Kyle

    Buyer's Agent in 2023

    Kate Kyle

    Elfant Wissahickon Realtors

    (484) 437-2369

    1 in this area

    135 Total Sales

    Kate Kyle
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH2186604

Bright MLS

APN: 241150800

Pennsylvania Philadelphia County Philadelphia 19104 Powelton Village

3617 Powelton Ave, Philadelphia, PA

This home is located at 3617 Powelton Ave, Philadelphia, PA 19104 since 29 December 2022 and is currently estimated at $769,587, approximately $244 per square foot. This property was built in 1915. 3617 Powelton Ave is a home located in Philadelphia County with nearby schools including Samuel Powel School, Science Leadership Academy Middle School, and West Philadelphia High School.

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