Seller's Agent in 2021
Jason Rabinovich
BHHS Fox & Roach
(412) 965-8859
5 in this area
88 Total Sales
3625 Spring Garden St Philadelphia, PA 19104
Mantua NeighborhoodEstimated Value: $1,004,000 - $1,362,000
--
Bed
8
Baths
4,000
Sq Ft
$305/Sq Ft
Est. Value
Highlights
- No HOA
- 4-minute walk to Lancaster Ave & Hamilton St
- Recessed Lighting
- Stainless Steel Appliances
- Intercom
- 3-minute walk to 37th & Mt. Vernon Park
About This Home
As of February 2021Don't miss this newly constructed incredible investment opportunity located on Drexel University's campus in Powelton Village! This triplex offers three (3) luxury condo-style spacious and tastefully designed apartments featuring rustic flooring, stainless-steel appliances, and tons of square footage. 3625 Spring Garden Ave is the perfect blend of new and old, as this property offers a gorgeous exterior that is reminiscent of the deep roots of historic Philadelphia and a chic modern interior. As you enter each unit, you are met with an open-concept layout, new flooring, lots of natural light, as well as a beautifully upgraded kitchen! The seller spared no expense, as the modern kitchen boasts Black SAMSUNG Stainless-Steel appliances, including a refrigerator, dishwasher, built-in microwave, and a wide basin sink. The dual colored cabinetry and stunning backsplash make this kitchen feel modern, with quartz countertops and accent lighting! Unit 1 is a 4 bed, 4 baths, while units 2 and 3 are both 2-bed, 2-bath! Each unit includes a large open-concept common space, upgraded kitchen, and extremely spacious bedrooms with accompanying closets and bathrooms! Unit 1 is accompanied by a good-size back patio, and all units will enjoy a large shared roof deck with stunning views of Philadelphia's city skyline! All units are on their own meter for gas and electric, and each have their own gas furnaces, water heaters, and include washer and dryers. This property is ideal for Drexel students, medical professionals, and university staff due to its proximity to Drexel University and Penn Presbyterian hospital. With an abundance of public transportation as well as the proximity to Downtown Philadelphia, 3625 Spring Garden St gets a Walkscore of 87 out of 100, a 62 out of 100 for transit, and 95 out of 100 for the bikers. This property is located near dozens of restaurants, cafes, and bars; from Halal to the Ramen Bar, there is no shortage of eateries nearby. Along Lancaster Ave, find many different boutiques and stores within a walking distance! This property is not to be missed, contact Philly Home Advisors today to learn more about this incredible investment opportunity!
Last Agent to Sell the Property
BHHS Fox & Roach-Center City Walnut License #AB068249 Listed on: 10/07/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,999
Year Built
- Built in 1920 | Remodeled in 2020
Lot Details
- 1,717 Sq Ft Lot
- Lot Dimensions are 16.83 x 102.00
- Property is in excellent condition
Parking
- On-Street Parking
Home Design
- Triplex
- Masonry
Interior Spaces
- 4,000 Sq Ft Home
- Recessed Lighting
- Intercom
Kitchen
- Gas Oven or Range
- Built-In Range
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Community Details
- No Home Owners Association
- 3 Units
- Powelton Village Subdivision
Listing and Financial Details
- Tax Lot 140
- Assessor Parcel Number 242006400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 7, 2020
Closed on
Mar 9, 2021
Sold by
3625 Spring Garden Llc
Bought by
Ross Jay and Ross Mindy S
Seller's Agent
Jason Rabinovich
BHHS Fox & Roach-Center City Walnut
Buyer's Agent
Michael Giordano Sr.
Century 21 Forrester Real Estate
List Price
$1,250,000
Sold Price
$1,050,000
Premium/Discount to List
-$200,000
-16%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,724
Avg. Annual Appreciation
2.65%
Original Mortgage
$787,500
Outstanding Balance
$715,003
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$465,016
Purchase Details
Closed on
Jun 15, 2018
Sold by
Lee Majette Doretha
Bought by
3625 Spring Garden Llc
Purchase Details
Closed on
Jan 31, 2000
Sold by
Lewis Hattie and Lewis Loretta Tanisha
Bought by
Lewis Hattie
Purchase Details
Closed on
Apr 21, 1995
Sold by
Lewis Hattie and Lewis Roosevelt
Bought by
Lewis Hattie and Lewis Loretta Tanisha
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ross Jay | $1,050,000 | None Available | |
| 3625 Spring Garden Llc | $475,000 | None Available | |
| Lewis Hattie | -- | -- | |
| Lewis Hattie | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ross Jay | $787,500 | |
| Previous Owner | 3625 Spring Garden Llc | $601,000 | |
| Previous Owner | 3625 Spring Garden Llc | $170,000 | |
| Previous Owner | 3625 Spring Garden Llc | $280,000 | |
| Previous Owner | Lewis Hattie | $525,000 | |
| Previous Owner | Lewis Hattie | $438,000 | |
| Previous Owner | Lewis Hattie | $122,500 | |
| Previous Owner | Lewis Hattie | $114,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/22/2021 02/22/21 | Sold | $1,050,000 | -16.0% | $263 / Sq Ft |
| 01/04/2021 01/04/21 | For Sale | $1,250,000 | +19.0% | $313 / Sq Ft |
| 12/22/2020 12/22/20 | Off Market | $1,050,000 | -- | -- |
| 12/03/2020 12/03/20 | Price Changed | $1,250,000 | +9.6% | $313 / Sq Ft |
| 11/30/2020 11/30/20 | Price Changed | $1,140,000 | -0.9% | $285 / Sq Ft |
| 10/22/2020 10/22/20 | Price Changed | $1,150,000 | -4.2% | $288 / Sq Ft |
| 10/07/2020 10/07/20 | For Sale | $1,200,000 | -- | $300 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,710 | $1,224,000 | $244,800 | $979,200 |
| 2024 | $2,710 | $1,224,000 | $244,800 | $979,200 |
| 2023 | $2,710 | $193,600 | $38,720 | $154,880 |
| 2022 | $4,999 | $193,600 | $38,720 | $154,880 |
| 2021 | $4,999 | $0 | $0 | $0 |
| 2020 | $4,999 | $0 | $0 | $0 |
| 2019 | $4,811 | $0 | $0 | $0 |
| 2018 | $3,975 | $0 | $0 | $0 |
| 2017 | $3,975 | $0 | $0 | $0 |
| 2016 | $464 | $0 | $0 | $0 |
| 2015 | $733 | $0 | $0 | $0 |
| 2014 | -- | $284,000 | $16,480 | $267,520 |
| 2012 | -- | $6,048 | $1,438 | $4,610 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2021
Eric Dvotsky
BHHS Fox & Roach
(215) 678-8895
10 in this area
169 Total Sales
-
Buyer's Agent in 2021
Michael Giordano Sr.
Century 21 Forrester Real Estate
(215) 451-7610
2 in this area
197 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH942344
APN: 242006400
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