NOT LISTED FOR SALE

Estimated Value: $388,993 - $430,000

-- Bed
-- Bath
2,940 Sq Ft
$141/Sq Ft Est. Value

Last Sold September 09, 2016

Last sale price $240,000 $82 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,481/month

Highlights

  • Wood Flooring
  • Parking Storage or Cabinetry
  • Heating System Uses Gas
  • No HOA
  • En-Suite Primary Bedroom

About This Home

As of September 2016

Great investment opportunity in East Mt Airy! Own this 4 unit, income-producing property, or live in one unit and rent out the rest as an owner-occupier and have the tenants pay your mortgage! All 4 units are 2br, 1 bath with galley kitchens, tile bath and good sized rooms. Hardwood floors throughout most all units, (those with carpet have hardwood underneath) gas cooking and individually metered heaters for each unit. Basement/Garage storage for each unit as well! Property is being offered on behalf of seller's estates in as-is condition and buyer should perform appropriate due diligence to satisfy themselves as to the condition of the property. All offers subject to Orphan's Court Approval.

Last Agent to Sell the Property

Amy Greenstein Zimney

Keller Williams Main Line License #RS312759 Listed on: 08/02/2016

Keller Williams Main Line

Co-Listed By

Lawrence DiFranco

Elfant Wissahickon-Chestnut Hill

Last Buyer's Agent

James Caraway

Redfin Corporation License #RS-0039572

Redfin Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,700

Year Built

  • Built in 1925

Lot Details

  • 4,260 Sq Ft Lot
  • Lot Dimensions are 40x106

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Stone Foundation

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,940 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick
  • Vinyl

Parking

  • Garage
  • Parking Storage or Cabinetry
  • On-Street Parking

Utilities

  • Heating System Uses Gas
  • 100 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 157
  • Assessor Parcel Number 221052700

Community Details

Overview

  • No Home Owners Association
  • Mt Airy Subdivision

Building Details

  • Operating Expense $2,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,700

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Tenant-Owned Property
  • New Construction: No
  • Storage: Basement, Garage
  • Year Built: 1925
  • Remarks Public: Great investment opportunity in East Mt Airy! Own this 4 unit, income-producing property, or live in one unit and rent out the rest as an owner-occupier and have the tenants pay your mortgage! All 4 units are 2br, 1 bath with galley kitchens, tile bath and good sized rooms. Hardwood floors throughout most all units, (those with carpet have hardwood underneath) gas cooking and individually metered heaters for each unit. Basement/Garage storage for each unit as well! Property is being offered on behalf of seller's estates in as-is condition and buyer should perform appropriate due diligence to satisfy themselves as to the condition of the property. All offers subject to Orphan's Court Approval.
  • Special Features: None

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Vinyl, Tile/Brick
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Stone
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Hookup
  • Total Sq Ft: 2940
  • Living Area Sq Ft: 2940
  • Price Per Sq Ft: 81.63
  • Above Grade Finished Sq Ft: 2940
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 393

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • 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: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Electric
  • 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: 147075.00
  • Land Assessed Value: 45825.00
  • Land Use Code: W30
  • Lot Size Acres: 0.10
  • Lot Dimensions: 40X106
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4260.00
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 31200.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Assessor Parcel Number: 1011438
  • Tax Annual Amount: 2700.00
  • Assessor Parcel Number: 221052700
  • Tax Lot: 157
  • Tax Year: 2016
  • Close Date: 09/09/2016

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2016
Closed on
Sep 9, 2016
Sold by
Tyler James M and Estate Of Elsle Keeling
Bought by
Walthour Ronald
Seller's Agent
Amy Greenstein Zimney
Keller Williams Main Line
Buyer's Agent
James Caraway
Redfin Corporation
List Price
$240,000
Sold Price
$240,000
Current Estimated Value
$398,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,199
Avg. Annual Appreciation
5.70%
Original Mortgage
$165,000
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 20, 2006
Sold by
Keeling Elsie
Bought by
Keeling Elsie and Jackson Douglas

Purchase Details

Closed on
Nov 30, 2005
Sold by
Webb Dean
Bought by
Keeling Elsie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.85%
Mortgage Type
Commercial
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
Walthour Ronald $240,000 None Available
Keeling Elsie $36,736 None Available
Keeling Elsie $225,000 United General Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walthour Ronald $150,000
Closed Walthour Ronald $165,000
Previous Owner Keeling Elsie $180,000
Previous Owner Webb Dean $132,000
Previous Owner Webb Dean $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2016 09/09/16 Sold $240,000 0.0% $82 / Sq Ft
08/02/2016 08/02/16 Pending -- -- --
08/02/2016 08/02/16 For Sale $240,000 -- $82 / 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 $3,749 $267,800 $53,500 $214,300
2024 $3,749 $267,800 $53,500 $214,300
2023 $3,749 $267,800 $53,560 $214,240
2022 $3,623 $267,800 $53,560 $214,240
2021 $3,623 $0 $0 $0
2020 $3,623 $0 $0 $0
2019 $3,575 $0 $0 $0
2018 $2,700 $0 $0 $0
2017 $2,700 $0 $0 $0
2016 $2,700 $0 $0 $0
2015 $2,585 $0 $0 $0
2014 -- $192,900 $45,825 $147,075
2012 -- $22,560 $3,603 $18,957
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002464370

Bright MLS

APN: 221052700