NOT LISTED FOR SALE

Estimated Value: $349,865 - $369,000

-- Bed
3 Baths
2,440 Sq Ft
$148/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $305,000 $125 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,229/month

11 Days on Market

Highlights

  • View of Trees or Woods
  • Wooded Lot
  • Breakfast Area or Nook
  • Deck
  • Wood Flooring
  • Additional Land

About This Home

As of October 2021

Welcome to this awesome end-row Multi-Family in East Oaklane. This is a Triplex with a legal Duplex ordinance. awesome outdoor spaces! 1st Floor apartment has 2 bedrooms, a tub and tiled bathroom, large living room that has hardwood floors through into the hallway. Living and kitchen spaces are open to one another perfect to have a couple friends over. These 2 spaces have natural light with windows surrounding. Stacked washer/ dryer next to kitchen. Last but not least this unit has its very own deck which faces the rear, you can relax a breath easy with a great view of nothing but trees and greenery. 2nd floor Apartment has the same layout and open concept kitchen with large living room. 2 bedrooms and a spa like bathroom with glass sliding shower doors and natural light that pours in through the skylight. Stacked washer/dryer located next to kitchen. 3rd apartment (ground level) is perfect as it is handicap accessible!. Here you will find 1 bedroom 1 bathroom, an open concept Kitchen and living room space. Kitchen has a breakfast counter where you can serve break fast for 4 or happy hour! We can't stop there 3rd unit also has its own green space to the rear of the home. Large rear yard. Perfect for your furry child. All 3 units have their own washer/ dryer and all 3 kitchen's are finished with garbage disposals. Come take a look today. Homes in this neighborhood rarely come up for sale. This property is available for a first time home buyer such as FHA, and Conventional home loans. Live in 1 unit and collect rent from the others, put it towards your monthly mortgage. Great opportunity! In walking distance to Shopping center, and transportation. Just a hop away from Melrose Country Club and around the corner from Tacony Creek.

Last Agent to Sell the Property

Natasha Ocasio

Realty Mark Associates-CC License #RS340647 Listed on: 09/23/2021

Last Buyer's Agent

Minh Nguyen-Rivera

KW Empower

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,598

Year Built

  • Built in 1955

Lot Details

  • 3,294 Sq Ft Lot
  • Lot Dimensions are 27.00 x 122.00
  • Wooded Lot
  • Backs to Trees or Woods
  • Front and Side Yard
  • Additional Land
  • Property is in good condition

Home Design

  • Triplex
  • AirLite
  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation
  • Stone Siding
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • Skylights
  • Recessed Lighting
  • Insulated Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Views of Woods
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Disposal

Flooring

  • Wood
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 11 Parking Spaces
  • 1 Driveway Space
  • Public Parking
  • 10 Off-Street Spaces
  • Private Parking
  • Unpaved Parking
  • On-Street Parking

Outdoor Features

  • Deck
  • Exterior Lighting
  • Playground

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Electric Baseboard Heater
  • High-Efficiency Water Heater
  • Natural Gas Water Heater

Additional Features

  • Doors are 32 inches wide or more
  • Energy-Efficient Windows

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 478
  • Assessor Parcel Number 611347800

Community Details

Overview

  • 3 Units
  • East Oak Lane Subdivision

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,598

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Airlite
  • Accessibility Features: 32"+ Wide Doors
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1955
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to this awesome end-row Multi-Family in East Oaklane. This is a Triplex with a legal Duplex ordinance. awesome outdoor spaces! 1st Floor apartment has 2 bedrooms, a tub and tiled bathroom, large living room that has hardwood floors through into the hallway. Living and kitchen spaces are open to one another perfect to have a couple friends over. These 2 spaces have natural light with windows surrounding. Stacked washer/ dryer next to kitchen. Last but not least this unit has its very own deck which faces the rear, you can relax a breath easy with a great view of nothing but trees and greenery. 2nd floor Apartment has the same layout and open concept kitchen with large living room. 2 bedrooms and a spa like bathroom with glass sliding shower doors and natural light that pours in through the skylight. Stacked washer/dryer located next to kitchen. 3rd apartment (ground level) is perfect as it is handicap accessible!. Here you will find 1 bedroom 1 bathroom, an open concept Kitchen and living room space. Kitchen has a breakfast counter where you can serve break fast for 4 or happy hour! We can't stop there 3rd unit also has its own green space to the rear of the home. Large rear yard. Perfect for your furry child. All 3 units have their own washer/ dryer and all 3 kitchen's are finished with garbage disposals. Come take a look today. Homes in this neighborhood rarely come up for sale. This property is available for a first time home buyer such as FHA, and Conventional home loans. Live in 1 unit and collect rent from the others, put it towards your monthly mortgage. Great opportunity! In walking distance to Shopping center, and transportation. Just a hop away from Melrose Country Club and around the corner from Tacony Creek.
  • Special Features: None

Interior Features

  • Appliances: Water Heater - High-Efficiency, Washer/Dryer Stacked, Disposal
  • Flooring Type: Hardwood, Vinyl
  • Interior Amenities: Breakfast Area, Combination Dining/Living, Family Room Off Kitchen, Recessed Lighting, Skylight(s)
  • Window Features: Energy Efficient, Skylights
  • Door Features: Insulated
  • Foundation Details: Brick/Mortar, Concrete Perimeter
  • Total Sq Ft: 2440
  • Living Area Sq Ft: 2440
  • Price Per Sq Ft: 185.98
  • Above Grade Finished Sq Ft: 1640
  • Below Grade Finished Sq Ft: 800
  • Total Below Grade Sq Ft: 800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 362

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry, Brick, Concrete, Stone
  • Exterior Features: Play Area, Sidewalks, Street Lights, Exterior Lighting
  • Roof: Flat
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Public, Private, Unpaved
  • Total Garage And Parking Spaces: 11
  • Type Of Parking: Driveway, On Street, Off Street
  • Number of Spaces in Driveway: 1
  • Off Street Parking Spaces: 10

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Electric, Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas, Electric
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available, Water Available
  • Water Source: Public

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: 157760.00
  • Land Assessed Value: 27840.00
  • Land Use Code: W30
  • Lot Features: Additional Lot(s), Backs To Trees, Front Yard, Sideyard(s), Trees/Wooded
  • Lot Size Acres: 0.08
  • Lot Dimensions: 27.00 x 122.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3294.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Year Assessed: 2021
  • Zoning: RSA5

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 1
  • Owner Pays: Water
  • Total Actual Rent: 3000.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1332357
  • School Tax: 1426.00
  • Tax Annual Amount: 2598.00
  • Assessor Parcel Number: 611347800
  • Tax Lot: 478
  • Tax Total Finished Sq Ft: 1640
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 10/29/2021

Multi Family

  • Number Of Units Vacant: 1
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Nov 5, 2021
Sold by
Hunter Vernise L
Bought by
Belcher Marcus R
Seller's Agent
Natasha Ocasio
Realty Mark Associates-CC
Buyer's Agent
Minh Nguyen-Rivera
KW Empower
List Price
$399,000
Sold Price
$305,000
Premium/Discount to List
-$94,000
-23.56%
Current Estimated Value
$360,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,955
Avg. Annual Appreciation
4.11%
Original Mortgage
$299,475
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2004
Sold by
Hunter Vernise L and Jackson Vernise L
Bought by
Hunter Edward and Hunter Vernise L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 22, 1999
Sold by
Melrose Realty Co Inc
Bought by
Jackson Vernise L
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
Belcher Marcus R $305,000 Aaron Abstract
Hunter Edward -- --
Jackson Vernise L $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belcher Marcus R $8,869
Previous Owner Belcher Marcus R $299,475
Previous Owner Hunter Vernise L $160,000
Previous Owner Hunter Vernise L $20,000
Previous Owner Hunter Edward $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $305,000 -23.6% $125 / Sq Ft
10/04/2021 10/04/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $399,000 -- $164 / 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 $3,150 $320,000 $64,000 $256,000
2024 $3,150 $320,000 $64,000 $256,000
2023 $3,150 $225,000 $45,000 $180,000
2022 $1,968 $180,000 $45,000 $135,000
2021 $2,598 $0 $0 $0
2020 $2,598 $0 $0 $0
2019 $2,415 $0 $0 $0
2018 $2,366 $0 $0 $0
2017 $2,576 $0 $0 $0
2016 $2,366 $0 $0 $0
2015 $2,265 $0 $0 $0
2014 -- $184,000 $27,158 $156,842
2012 -- $21,920 $3,713 $18,207
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2033692

Bright MLS

APN: 611347800