NOT LISTED FOR SALE

Estimated Value: $242,000 - $254,206

-- Bed
-- Bath
6,323 Sq Ft
$40/Sq Ft Est. Value

Last Sold May 28, 2024

Last sale price $245,000 $39 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,771/month

104 Days on Market

Highlights

  • Halls are 48 inches wide or more
  • 2-minute walk to Erie
  • Property is in very good condition
  • Ceramic Tile Flooring
  • Ceiling Fan
  • Wall Furnace

About This Home

As of May 2024

LOOK at what we have here. We have an income producing property available to buy. That means once you buy it you will not have to wait to begin making money. Its ready. Location. Close to Temple University Campus area, shopping, Broad street, and public transportation. This property is located in an area that is rich in love and culture. It has an evolving community feel. Everyone knows one another and takes care of one another. Lets talk value. This commercial space has tons of potential because of its versatility. It could be used as a social club, restaurant, salon, barbershop, store, or even converted back to a one bedroom. What more can I say? She's a money maker! If you've been looking for a turnkey Commercial property, look no further.

Last Agent to Sell the Property

Dwight White

Believe Realty Group Listed on: 11/11/2023

Last Buyer's Agent

Maritza Cainas

Re/Max One Realty

Re/Max One Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,056

Year Built

  • Built in 1900

Lot Details

  • 1,290 Sq Ft Lot
  • Lot Dimensions are 18.00 x 78.00
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 6,323 Sq Ft Home
  • Ceiling Fan

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile

Accessible Home Design

  • Halls are 48 inches wide or more
  • Doors are 32 inches wide or more

Schools

  • Simon Gratz High School

Utilities

  • Wall Furnace
  • 200+ Amp Service
  • Electric Water Heater

Community Details

  • 4 Units
  • Nicetown Tioga Subdivision

Listing and Financial Details

  • Tax Lot 267
  • Assessor Parcel Number 132250410

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,056

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Over Storefront
  • Accessibility Features: 32"+ Wide Doors, 48"+ Halls
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Expected On Market: 2023-11-11
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: LOOK at what we have here. We have an income producing property available to buy. That means once you buy it you will not have to wait to begin making money. Its ready. Location. Close to Temple University Campus area, shopping, Broad street, and public transportation. This property is located in an area that is rich in love and culture. It has an evolving community feel. Everyone knows one another and takes care of one another. Lets talk value. This commercial space has tons of potential because of its versatility. It could be used as a social club, restaurant, salon, barbershop, store, or even converted back to a one bedroom. What more can I say? She's a money maker! If you've been looking for a turnkey Commercial property, look no further.
  • Special Features: None

Interior Features

  • Flooring Type: Carpet, Ceramic Tile, Concrete
  • Foundation Details: Concrete Perimeter
  • Total Sq Ft: 6323
  • Living Area Sq Ft: 6323
  • Price Per Sq Ft: 43.49
  • Above Grade Finished Sq Ft: 6323
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3805

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry
  • Roof: Asphalt
  • 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
  • Cooling Type: Ceiling Fan(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Wall Unit
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

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

Lot Info

  • Land Use Code: W50
  • Lot Size Acres: 0.03
  • Lot Dimensions: 18.00 x 78.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1290.00
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: CMX25

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2774.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 5056.00
  • Assessor Parcel Number: 132250410
  • Tax Lot: 267
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/28/2024

Multi Family

  • Single Room Units Count: 3

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2023
Closed on
Jun 4, 2024
Sold by
Smith Jacqueline W
Bought by
Acah1 Llc
Seller's Agent
Dwight White
Believe Realty Group
Buyer's Agent
Maritza Cainas
Re/Max One Realty
List Price
$325,000
Sold Price
$245,000
Premium/Discount to List
-$80,000
-24.62%
Views
106
Current Estimated Value
$246,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,645
Avg. Annual Appreciation
0.62%
Original Mortgage
$183,750
Outstanding Balance
$182,254
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$64,598

Purchase Details

Closed on
Jun 25, 2008
Sold by
J & B Dreams Lounge Inc
Bought by
Smith Jacqueline 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
Acah1 Llc $245,000 None Listed On Document
Smith Jacqueline W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Acah1 Llc $183,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2024 05/28/24 Sold $245,000 -10.9% $39 / Sq Ft
01/29/2024 01/29/24 Price Changed $275,000 -8.1% $43 / Sq Ft
11/27/2023 11/27/23 Price Changed $299,095 -8.0% $47 / Sq Ft
11/11/2023 11/11/23 For Sale $325,000 -- $51 / 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 $5,056 $274,200 $54,840 $219,360
2024 $5,056 $274,200 $54,840 $219,360
2023 $5,056 $361,200 $72,240 $288,960
2022 $5,056 $361,200 $72,240 $288,960
2021 $1,317 $0 $0 $0
2020 $1,317 $0 $0 $0
2019 $1,274 $0 $0 $0
2018 $1,096 $0 $0 $0
2017 $1,096 $0 $0 $0
2016 -- $0 $0 $0
2015 -- $0 $0 $0
2014 -- $78,300 $5,986 $72,314
2012 -- $6,400 $3,200 $3,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2292328

Bright MLS

APN: 132250410