NOT LISTED FOR SALE

3942 Wallace St Philadelphia, PA 19104

Mantua Neighborhood

Estimated Value: $276,801

-- Bed
-- Bath
1,907 Sq Ft
$145/Sq Ft Est. Value

Last Sold October 07, 2019

Last sale price $193,000 $101 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,626/month

127 Days on Market

Highlights

  • No HOA
  • 2-minute walk to Lancaster Avenue And 40Th Street
  • 1-minute walk to Urban Thinkscape
  • Forced Air Heating and Cooling System

About This Home

As of October 2019

Location, Location , Location ! Corner property, on deep lot , close to University City. Store front features new bay windows and new steel roll gates. Second floor, two bedroom apartment is totally rehabbed with two full baths ! New HVAC'S for commercial space and apartment. Lot's of new construction in the area, especially apartment buildings. Nice opportunity to start a new business.

Last Agent to Sell the Property

George Doerr

Coldwell Banker Realty License #RS281879 Listed on: 06/02/2019

Coldwell Banker Realty

Last Buyer's Agent

Melissa Purnell

RE/MAX Access License #AB068639

RE/MAX Access

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,412

Year Built

  • Built in 1950

Lot Details

  • 1,176 Sq Ft Lot
  • Lot Dimensions are 14.70 x 80.00

Home Design

  • 1,907 Sq Ft Home
  • Masonry

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 42
  • Assessor Parcel Number 774167500

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,412

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Over Storefront
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1950
  • Remarks Public: Location, Location , Location ! Corner property, on deep lot , close to University City. Store front features new bay windows and new steel roll gates. Second floor, two bedroom apartment is totally rehabbed with two full baths ! New HVAC'S for commercial space and apartment. Lot's of new construction in the area, especially apartment buildings. Nice opportunity to start a new business.
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1907
  • Living Area Sq Ft: 1907
  • Price Per Sq Ft: 104.82
  • Above Grade Finished Sq Ft: 1907
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3942

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 87780.00
  • Land Assessed Value: 13120.00
  • Land Use Code: WB0
  • Lot Size Acres: 0.03
  • Lot Dimensions: 14.70 x 80.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1176.00
  • Year Assessed: 2020
  • Zoning: CMX2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1383858
  • School Tax: 775.00
  • Tax Annual Amount: 1412.00
  • Assessor Parcel Number: 774167500
  • Tax Lot: 42
  • Tax Total Finished Sq Ft: 1907
  • Tax Data Updated: Yes
  • Tax Year: 2020
  • Close Date: 10/07/2019

Multi Family

  • Number Of Units Vacant: 2
  • Single Room Units Count: 1

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2019
Closed on
Oct 16, 2019
Sold by
Liu Zhun Miao
Bought by
Donnelly Jessica E
Seller's Agent
George Doerr
Coldwell Banker Realty
Buyer's Agent
Melissa Purnell
RE/MAX Access
List Price
$199,900
Sold Price
$193,000
Premium/Discount to List
-$6,900
-3.45%
Current Estimated Value
$276,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,801
Avg. Annual Appreciation
6.14%
Original Mortgage
$181,649
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 15, 2016
Sold by
Friendship Apostolic Church Of God Inc
Bought by
Liu Zhun Miao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 20, 1998
Sold by
Anderson Doris A and Anderson Herman W
Bought by
Friendship Apostolic Church Of God 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
Donnelly Jessica E $193,000 Partners Abstract Of Pa Llc
Liu Zhun Miao $65,000 Colony Abstract Co Inc
Friendship Apostolic Church Of God Inc $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donnelly Jessica E $240,000
Closed Donnelly Jessica E $181,649
Previous Owner Liu Zhun Miao $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2019 10/07/19 Sold $193,000 -3.5% $101 / Sq Ft
10/07/2019 10/07/19 Pending -- -- --
09/14/2019 09/14/19 For Sale $199,900 0.0% $105 / Sq Ft
07/29/2019 07/29/19 Pending -- -- --
07/17/2019 07/17/19 Price Changed $199,900 -7.0% $105 / Sq Ft
06/02/2019 06/02/19 For Sale $215,000 -- $113 / 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 $1,412 $100,900 $13,120 $87,780
2024 $1,412 $100,900 $13,120 $87,780
2023 $1,412 $100,900 $13,120 $87,780
2022 $1,412 $100,900 $13,120 $87,780
2021 $1,412 $0 $0 $0
2020 $1,412 $0 $0 $0
2019 $1,412 $0 $0 $0
2018 $0 $0 $0 $0
2017 -- $0 $0 $0
2016 -- $0 $0 $0
2015 -- $0 $0 $0
2014 -- $94,700 $11,800 $82,900
2012 -- $2,496 $555 $1,941
Source: Public Records

Agents Affiliated with this Home

  • George Doerr

    Seller's Agent in 2019

    George Doerr

    Coldwell Banker Realty

    (215) 681-3475

    17 Total Sales

    George Doerr
    Section Image
  • Melissa Purnell

    Buyer's Agent in 2019

    Melissa Purnell

    RE/MAX

    (267) 273-3440

    87 Total Sales

    Melissa Purnell
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH803070

Bright MLS

APN: 774167500

Pennsylvania Philadelphia County Philadelphia 19104 Mantua

3942 Wallace St, Philadelphia, PA

This home is located at 3942 Wallace St, Philadelphia, PA 19104 since 02 June 2019 and is currently estimated at $276,801, approximately $145 per square foot. This property was built in 1950. 3942 Wallace St is a home located in Philadelphia County with nearby schools including West Philadelphia High School, Belmont Charter Elementary School, and Our Mother of Sorrows/St. Ignatius of Loyola Catholic School.

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