NOT LISTED FOR SALE

Estimated Value: $463,000 - $830,000

-- Bed
1 Bath
1,620 Sq Ft
$378/Sq Ft Est. Value

Last Sold February 11, 2020

Last sale price $371,000 $229 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,525/month

1 Day on Market

Highlights

  • No HOA
  • 1-minute walk to Lancaster Ave & Hamilton St
  • 2-minute walk to Saunders Park
  • Heating System Uses Oil

About This Home

As of February 2020

Perfect development opportunity for developers of all capacities. Works as a rehab or a ground up development. Zoning (RM1) and lot size (20 x 91.27) allow for 4 residential units BY RIGHT. Property is squarely in one of Philadelphia's qualified opportunity zones (QOZ's). Property is not historic. Very rare property in the highly coveted Powelton Village neighborhood priced to sell.

Last Agent to Sell the Property

Stephen Stafford

SDG Management, LLC License #RM424801 Listed on: 01/07/2020

Last Buyer's Agent

Phillip Zhao

Liberty Real Estate License #RS346660

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $924

Year Built

  • Built in 1935

Lot Details

  • 1,825 Sq Ft Lot
  • Lot Dimensions are 20.00 x 91.27

Parking

  • On-Street Parking

Home Design

  • 1,620 Sq Ft Home
  • Quadruplex
  • Masonry

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Natural Gas Water Heater

Additional Features

  • Basement

Community Details

  • No Home Owners Association
  • Powelton Village Subdivision

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 241185800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$924

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1935
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Total Sq Ft: 1620
  • Living Area Sq Ft: 1620
  • Price Per Sq Ft: 229.01
  • Above Grade Finished Sq Ft: 1620
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3814

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Spa: No
  • 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: Window Unit(s)
  • Heating Fuel: Oil
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Land Use Code: H30
  • Lot Size Acres: 0.04
  • Lot Dimensions: 20.00 x 91.27
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1825.00
  • Year Assessed: 2020
  • Zoning: RM1
  • Zoning Description: Residential multifamily zoning designation. 4 units by right.

Rental Info

  • Ground Rent Exists: No
  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • School Tax: 507.00
  • Tax Annual Amount: 924.00
  • Assessor Parcel Number: 241185800
  • Tax Lot: 28
  • Tax Total Finished Sq Ft: 1620
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 02/11/2020

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2020
Closed on
Feb 10, 2020
Sold by
Morris Laura R and Estate Of Caspar W Morris
Bought by
Greenwind Properties Llc
Seller's Agent
Stephen Stafford
SDG Management, LLC
Buyer's Agent
Phillip Zhao
Liberty Real Estate
List Price
$365,000
Sold Price
$371,000
Premium/Discount to List
$6,000
1.64%
Current Estimated Value
$612,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,667
Avg. Annual Appreciation
9.83%

Purchase Details

Closed on
Jun 7, 1989
Bought by
Morris Caspar 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
Greenwind Properties Llc $371,000 First Amer Abstract Of Pa Ll
Morris Caspar W $99,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greenwind Properties Llc $890,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2020 02/11/20 Sold $371,000 0.0% $229 / Sq Ft
01/08/2020 01/08/20 Pending -- -- --
01/08/2020 01/08/20 Price Changed $371,000 +1.6% $229 / Sq Ft
01/07/2020 01/07/20 For Sale $365,000 -- $225 / 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 $2,555 $150,800 $150,800 --
2024 $2,555 $150,800 $150,800 --
2023 $4,412 $182,500 $182,500 $0
2022 $3,817 $315,200 $63,040 $252,160
2021 $924 $0 $0 $0
2020 $924 $0 $0 $0
2019 $924 $0 $0 $0
2018 $924 $0 $0 $0
2017 $924 $0 $0 $0
2016 $924 $0 $0 $0
2015 $852 $0 $0 $0
2014 -- $247,600 $45,818 $201,782
2012 -- $7,040 $2,869 $4,171
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH861410

Bright MLS

APN: 241185800