NOT LISTED FOR SALE

Estimated Value: $182,000 - $266,000

-- Bed
-- Bath
1,992 Sq Ft
$110/Sq Ft Est. Value

Last Sold June 15, 2018

Last sale price $94,000 $47 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $1,247/month

75 Days on Market

Highlights

  • No HOA
  • Heating System Uses Gas
  • 2-minute walk to 39th and Olive Playground
  • En-Suite Primary Bedroom

About This Home

As of June 2018

Set up as a Quadplex but zoned Single Family presenting great opportunity for the right investor(s)! This property is located just north of U City in the up and coming Mantua neighborhood. Property needs substantial work, the 1st floor unit is a 1bed/1bath with access to the basement and backyard, the 2nd floor front unit is 1bed/1bath currently occupied by a family member, the 2nd floor rear is an efficiency currently rented at $600 per month, the 3rd floor unit is a 1bed/1bath where work was started but not completed. Newer roofs on the 1st and 2nd levels, seller is motivated! Located 5 min from the Art Museum, Kelly Drive, 2 min access to East/West 76, 15 min to the the heart of Center City. Buy, fix and just wait for Drexel and UPenn to add to the momentum already taking place a bit south. Easy to Show !

Last Agent to Sell the Property

Doug Gungor

Coldwell Banker Realty Listed on: 02/28/2018

Coldwell Banker Realty

Last Buyer's Agent

Wei Jiang

Canaan Realty Investment Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $584

Year Built

  • Built in 1919

Lot Details

  • 1,440 Sq Ft Lot
  • Lot Dimensions are 16x90

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,992 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 188
  • Assessor Parcel Number 243014000

Community Details

Overview

  • No Home Owners Association
  • Mantua Subdivision

Building Details

  • Operating Expense $584

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$584

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1919
  • Remarks Public: Set up as a Quadplex but zoned Single Family presenting great opportunity for the right investor(s)! This property is located just north of U City in the up and coming Mantua neighborhood. Property needs substantial work, the 1st floor unit is a 1bed/1bath with access to the basement and backyard, the 2nd floor front unit is 1bed/1bath currently occupied by a family member, the 2nd floor rear is an efficiency currently rented at $600 per month, the 3rd floor unit is a 1bed/1bath where work was started but not completed. Newer roofs on the 1st and 2nd levels, seller is motivated! Located 5 min from the Art Museum, Kelly Drive, 2 min access to East/West 76, 15 min to the the heart of Center City. Buy, fix and just wait for Drexel and UPenn to add to the momentum already taking place a bit south. Easy to Show !
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1992
  • Living Area Sq Ft: 1992
  • Price Per Sq Ft: 55.17
  • Above Grade Finished Sq Ft: 1992
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3845

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • 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: 29970.00
  • Land Assessed Value: 11730.00
  • Land Use Code: O50
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16X90
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1440.00
  • Property Attached Yn: Yes
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 7200.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Assessor Parcel Number: 1028887
  • Tax Annual Amount: 584.00
  • Assessor Parcel Number: 243014000
  • Tax Lot: 188
  • Tax Year: 2018
  • Close Date: 06/15/2018

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2018
Closed on
Jun 15, 2018
Sold by
Wilkes David and Wilkes Rachel
Bought by
38F Airmount Llc
Seller's Agent
Doug Gungor
Coldwell Banker Realty
Buyer's Agent
Wei Jiang
Canaan Realty Investment Group
List Price
$150,000
Sold Price
$94,000
Premium/Discount to List
-$56,000
-37.33%
Current Estimated Value
$219,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,950
Avg. Annual Appreciation
13.15%

Purchase Details

Closed on
Sep 16, 2002
Sold by
Higginbottom Grace
Bought by
Wilkes David and Wilkes Rachel
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
38F Airmount Llc $94,000 None Available
Wilkes David $15,650 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2018 06/15/18 Sold $94,000 -14.5% $47 / Sq Ft
05/14/2018 05/14/18 Pending -- -- --
05/12/2018 05/12/18 Price Changed $109,900 -12.1% $55 / Sq Ft
03/25/2018 03/25/18 Price Changed $125,000 -16.7% $63 / Sq Ft
02/28/2018 02/28/18 For Sale $150,000 -- $75 / 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 $584 $190,000 $38,000 $152,000
2024 $584 $190,000 $38,000 $152,000
2023 $584 $90,200 $18,040 $72,160
2022 $584 $41,700 $18,040 $23,660
2021 $584 $0 $0 $0
2020 $584 $0 $0 $0
2019 $584 $0 $0 $0
2018 $584 $0 $0 $0
2017 $584 $0 $0 $0
2016 $559 $0 $0 $0
2015 $559 $0 $0 $0
2014 -- $78,200 $7,488 $70,712
2012 -- $4,448 $958 $3,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000216242

Bright MLS

APN: 243014000