NOT LISTED FOR SALE

Estimated Value: $496,027 - $537,000

-- Bed
3 Baths
2,530 Sq Ft
$204/Sq Ft Est. Value

Last Sold October 15, 2018

Last sale price $344,500 $136 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,199/month

77 Days on Market

Highlights

  • Wood Flooring
  • En-Suite Primary Bedroom
  • Baseboard Heating
  • No HOA
  • Ceiling Fan
  • 3-minute walk to La Noce Park

About This Home

As of October 2018

Turn key investment with good cash flow. This brick twin Triplex has (2) 2 bedroom units plus a 1 bedroom unit on the 3rd floor. All separate utilities, Owner only pays water. Unit #1 has private rear entrance thru back deck, 2 nice sized bedrooms, eat in kitchen, large living room, ceramic tile full bath, ceiling fans and refinished hardwood floors thru out. Enter Unit #2 and #3 thru the front porch and main front door to common vestibule and hallway. This property has maintained its old world charm and grandeur with most moldings and architectural features restored and in tact. Unit #2 has 2 large bedrooms, large living room, ceramic tile hall bath, ceiling fans and hardwood floors thru out. Unit #3 is the spacious 3rd floor 1 bedroom unit with bonus den space. The tenant just moved out and the unit is rent ready. The full basement has outside entrance and all 3 tenants have access to basement with separate storage areas and washer and dryer hookups- Add coin operated washer and dryer for additional income. Super location- walk to Main St, minutes away from East Falls, Fairmount park, Kelly Dr and Rts 1 and 76. Low vacancy, good quality tenants.

Last Agent to Sell the Property

Edward McDonald

Re/Max One Realty License #RS195849L Listed on: 06/26/2018

Re/Max One Realty

Last Buyer's Agent

Erin Bishop

Compass RE License #RS340604

Compass RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,841

Year Built

  • Built in 1933

Lot Details

  • 1,826 Sq Ft Lot
  • Lot Dimensions are 20x90

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,530 Sq Ft Home
  • Ceiling Fan
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Tile or Brick

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • Public Parking
  • On-Street Parking

Utilities

  • Cooling System Utilizes Natural Gas
  • Radiator
  • Heating System Uses Gas
  • Baseboard Heating
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 42
  • Assessor Parcel Number 213205500

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Manayunk Subdivision

Building Details

  • Operating Expense $5,341

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,841

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Inclusions: 3 Refrigerators
  • New Construction: No
  • Storage: Basement
  • Year Built: 1933
  • Remarks Public: Turn key investment with good cash flow. This brick twin Triplex has (2) 2 bedroom units plus a 1 bedroom unit on the 3rd floor. All separate utilities, Owner only pays water. Unit #1 has private rear entrance thru back deck, 2 nice sized bedrooms, eat in kitchen, large living room, ceramic tile full bath, ceiling fans and refinished hardwood floors thru out. Enter Unit #2 and #3 thru the front porch and main front door to common vestibule and hallway. This property has maintained its old world charm and grandeur with most moldings and architectural features restored and in tact. Unit #2 has 2 large bedrooms, large living room, ceramic tile hall bath, ceiling fans and hardwood floors thru out. Unit #3 is the spacious 3rd floor 1 bedroom unit with bonus den space. The tenant just moved out and the unit is rent ready. The full basement has outside entrance and all 3 tenants have access to basement with separate storage areas and washer and dryer hookups- Add coin operated washer and dryer for additional income. Super location- walk to Main St, minutes away from East Falls, Fairmount park, Kelly Dr and Rts 1 and 76. Low vacancy, good quality tenants.
  • Special Features: None

Interior Features

  • Flooring Type: Wood, Tile/Brick
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Entry Location: Foyer
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance
  • Laundry Type: Hookup
  • Total Sq Ft: 2530
  • Living Area Sq Ft: 2530
  • Price Per Sq Ft: 136.32
  • Above Grade Finished Sq Ft: 2530
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3752

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Public
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Natural Gas
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Radiator, Baseboard
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 1500.00
  • 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: 233240.00
  • Land Assessed Value: 41160.00
  • Land Use Code: N51
  • Lot Size Acres: 0.04
  • Lot Dimensions: 20X90
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1826.00
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 31500.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 1006324
  • Tax Annual Amount: 3841.00
  • Assessor Parcel Number: 213205500
  • Tax Lot: 42
  • Tax Year: 2018
  • Close Date: 10/15/2018

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2018
Closed on
Aug 24, 2018
Sold by
Possenriede Robert and Possenriede Blair
Bought by
Bayview Property Investments Llc
Seller's Agent
Edward McDonald
Re/Max One Realty
Buyer's Agent
Erin Bishop
Compass RE
List Price
$344,900
Sold Price
$344,500
Premium/Discount to List
-$400
-0.12%
Current Estimated Value
$511,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,188
Avg. Annual Appreciation
4.89%
Original Mortgage
$275,600
Interest Rate
7.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 27, 2004
Sold by
Baiman James L
Bought by
Possenriede Robert and Possenriede Blair

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
5.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 1, 2000
Sold by
Kurz Robert and Kurz Carol W
Bought by
Baiman James L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,600
Interest Rate
8.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 17, 1995
Sold by
K & R Property Management Inc
Bought by
Kurz Robert and Kurz Carol W
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
Bayview Property Investments Llc $344,500 None Available
Possenriede Robert $255,000 --
Baiman James L $122,000 --
Kurz Robert $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bayview Property Investments Llc $370,000
Previous Owner Bayview Property Investments Llc $275,600
Previous Owner Possenriede Robert $204,000
Previous Owner Baiman James L $97,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2018 10/15/18 Sold $344,500 -0.1% $136 / Sq Ft
09/11/2018 09/11/18 Pending -- -- --
08/31/2018 08/31/18 Price Changed $344,900 0.0% $136 / Sq Ft
08/31/2018 08/31/18 For Sale $344,900 -1.4% $136 / Sq Ft
07/17/2018 07/17/18 Pending -- -- --
06/26/2018 06/26/18 For Sale $349,944 0.0% $138 / Sq Ft
03/15/2018 03/15/18 Rented $900 -5.3% --
03/15/2018 03/15/18 Under Contract -- -- --
01/01/2018 01/01/18 For Rent $950 +4.4% --
08/09/2013 08/09/13 Rented $910 -1.6% --
08/06/2013 08/06/13 Under Contract -- -- --
06/14/2013 06/14/13 For Rent $925 +12.1% --
03/15/2012 03/15/12 Rented $825 0.0% --
03/12/2012 03/12/12 Under Contract -- -- --
03/06/2012 03/06/12 For Rent $825 -- --
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 $4,778 $425,200 $85,040 $340,160
2024 $4,778 $425,200 $85,040 $340,160
2023 $4,778 $341,300 $68,200 $273,100
2022 $4,604 $341,300 $68,200 $273,100
2021 $4,604 $0 $0 $0
2020 $4,604 $0 $0 $0
2019 $4,072 $0 $0 $0
2018 $3,841 $0 $0 $0
2017 $3,841 $0 $0 $0
2016 $3,841 $0 $0 $0
2015 $3,677 $0 $0 $0
2014 -- $274,400 $34,557 $239,843
2012 -- $40,000 $2,922 $37,078
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001944236

Bright MLS

APN: 213205500