NOT LISTED FOR SALE

Estimated Value: $252,000 - $390,000

-- Bed
1 Bath
4,531 Sq Ft
$75/Sq Ft Est. Value

Last Sold February 18, 2019

Last sale price $160,000 $35 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $1,840/month

30 Days on Market

Highlights

  • Wood Flooring
  • 4-minute walk to Erie
  • Parking Storage or Cabinetry
  • No HOA
  • 1 Car Attached Garage
  • En-Suite Primary Bedroom

About This Home

As of February 2019

Perfect Investment Opportunity in ever expanding Medical Section. This property is a Mxd use corner property just one block off of Broad Street just waiting for somebody with the right vision. First floor was used as a grocery store and was rented for 900 a month. 2nd floor and 3rd floor has four one bedroom apartments with ample square footage to get creative and turn them into two bedrooms loft space or keep them as effiancies. All four are currently vacated and in need of rehab. Plenty of space in the basement for storage as well as a 1-car attached garage that could be rented for additional rental income. This property could be the perfect piece for a savvy investor that sees where philadephia is going.

Last Agent to Sell the Property

Rory Shackleford

Royal Realty Group Listed on: 12/19/2018

Last Buyer's Agent

Richard Natow

Prestige Group Inc License #AB043666A

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,555

Year Built

  • Built in 1940

Lot Details

  • 2,008 Sq Ft Lot
  • Lot Dimensions are 20x100

Parking

  • 1 Car Attached Garage
  • 1 Open Parking Space
  • Parking Storage or Cabinetry

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • En-Suite Primary Bedroom
  • 4,531 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Vinyl

Utilities

  • Cooling System Utilizes Natural Gas
  • Hot Water Heating System
  • 200+ Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 131152200

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Hunting Park Subdivision

Building Details

  • Operating Expense $1,555

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,555

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1940
  • Remarks Public: Perfect Investment Opportunity in ever expanding Medical Section. This property is a Mxd use corner property just one block off of Broad Street just waiting for somebody with the right vision. First floor was used as a grocery store and was rented for 900 a month. 2nd floor and 3rd floor has four one bedroom apartments with ample square footage to get creative and turn them into two bedrooms loft space or keep them as effiancies. All four are currently vacated and in need of rehab. Plenty of space in the basement for storage as well as a 1-car attached garage that could be rented for additional rental income. This property could be the perfect piece for a savvy investor that sees where philadephia is going.
  • Special Features: None

Interior Features

  • Flooring Type: Wood, Vinyl
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Hookup
  • Total Sq Ft: 4531
  • Living Area Sq Ft: 4531
  • Price Per Sq Ft: 37.52
  • Above Grade Finished Sq Ft: 4531
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3858

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 1
  • Garage Features: Additional Storage Area
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Natural Gas
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • 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

  • Lot Size Acres: 0.05
  • Lot Dimensions: 20X100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2008.00
  • Property Attached Yn: Yes
  • Zoning: CMX2

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3
  • Single Room Units Count: 1

Tax Info

  • Assessor Parcel Number: 954211
  • Tax Annual Amount: 1555.00
  • Assessor Parcel Number: 131152200
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 02/18/2019

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2018
Closed on
Mar 8, 2019
Sold by
3858 Peggy Pike Inc
Bought by
Dinh Viet Hung and Ngo Mai Lang
Seller's Agent
Rory Shackleford
Royal Realty Group
Buyer's Agent
Richard Natow
Prestige Group Inc
List Price
$170,000
Sold Price
$160,000
Premium/Discount to List
-$10,000
-5.88%
Current Estimated Value
$305,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,848
Avg. Annual Appreciation
11.17%

Purchase Details

Closed on
Aug 30, 2004
Sold by
3858 Sharons Inc
Bought by
3858 Peggys Pike Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,400
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2003
Sold by
3858 J A B Inc
Bought by
3858 Sharon Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,140
Interest Rate
20%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 1995
Sold by
Lassiter Family Corp
Bought by
3858 J A B Inc
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
Dinh Viet Hung $160,000 First Platinum Abstract Llc
3858 Peggys Pike Inc $20,000 --
3858 Sharon Inc $20,000 --
3858 J A B Inc $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 3858 Peggys Pike Inc $185,000
Previous Owner 3858 Peggys Pike Inc $48,150
Previous Owner 3858 Peggys Pike Inc $189,400
Previous Owner 3858 Sharon Inc $67,140
Closed 3858 Sharon Inc $30,000
Closed 3858 Peggys Pike Inc $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2019 02/18/19 Sold $160,000 -5.9% $35 / Sq Ft
01/18/2019 01/18/19 Pending -- -- --
12/19/2018 12/19/18 For Sale $170,000 -- $38 / 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 $1,982 $296,000 $59,200 $236,800
2024 $1,982 $296,000 $59,200 $236,800
2023 $1,982 $141,600 $28,320 $113,280
2022 $1,982 $141,600 $28,320 $113,280
2021 $1,389 $0 $0 $0
2020 $1,389 $0 $0 $0
2019 $1,342 $0 $0 $0
2018 $1,555 $0 $0 $0
2017 $1,555 $0 $0 $0
2016 $1,555 $0 $0 $0
2015 $14,187 $0 $0 $0
2014 -- $145,200 $10,843 $134,357
2012 -- $7,744 $1,065 $6,679
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH505272

Bright MLS

APN: 131152200