NOT LISTED FOR SALE

Estimated Value: $317,825 - $328,000

-- Bed
-- Bath
3,200 Sq Ft
$101/Sq Ft Est. Value

Last Sold May 05, 2023

Last sale price $285,000 $89 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,869/month

318 Days on Market

Highlights

  • Traditional Architecture
  • Level Entry For Accessibility
  • 60+ Gallon Tank
  • Wood Flooring
  • Electric Baseboard Heater

About This Home

As of May 2023

Broad street Commercial / Mixed Use building. Current owner had done a feasibility study that the building is suitable to subdivided into a multi units apartment building. Two story building with 1,600 square feet per floor, total square footage 3,200 . New property survey was done by current owner and corrected the total useable square footage from 2,400 to 3,200. Property has great visibility and it is close to Roosevelt Blvd and the Expressway. First floor has a separate street entrance suitable for all types of business, professional office, or shop , 2 powder rooms and a rear exit to the back street. Second floor with large front office and 4 other offices with rest rooms and storage.
Property is in good condition and previously was used as a daycare. This property has great potentials , could be use for adult daycare, medical office, rehab center, office building, beauty school, house of worship, warehouse, mixed use building.
Current owner had done a feasibility study that the building is suitable to subdivided into a multi units apartment building. Detail feasibility study details attached in document

Last Agent to Sell the Property

Jack Kong

(215) 275-0100 sophisticatedasianmarketing@gmail.com Philly Real Estate Listed on: 05/21/2022

Last Buyer's Agent

Sheralda Davis Mosley

(610) 717-8696 sheraldamosleyrealtor@gmail.com Springer Realty Group

Springer Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,945

Year Built

  • Built in 1940

Lot Details

  • 1,947 Sq Ft Lot
  • Lot Dimensions are 23.00 x 87.00
  • Property is in good condition

Home Design

  • 3,200 Sq Ft Home
  • Traditional Architecture
  • Stone Foundation
  • Architectural Shingle Roof
  • Rubber Roof
  • Masonry

Flooring

  • Wood
  • Carpet

Parking

  • Public Parking
  • On-Street Parking

Accessible Home Design

  • Level Entry For Accessibility

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Baseboard Heater
  • 200+ Amp Service
  • 60+ Gallon Tank

Community Details

  • 2 Units
  • 2-Story Building
  • Building Winterized
  • Nicetown Subdivision

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 776146895

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,945

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1940
  • Building Winterized: Yes
  • Remarks Public: Broad street Commercial / Mixed Use building. Current owner had done a feasibility study that the building is suitable to subdivided into a multi units apartment building. Two story building with 1,600 square feet per floor, total square footage 3,200 . New property survey was done by current owner and corrected the total useable square footage from 2,400 to 3,200. Property has great visibility and it is close to Roosevelt Blvd and the Expressway. First floor has a separate street entrance suitable for all types of business, professional office, or shop , 2 powder rooms and a rear exit to the back street. Second floor with large front office and 4 other offices with rest rooms and storage. Property is in good condition and previously was used as a daycare. This property has great potentials , could be use for adult daycare, medical office, rehab center, office building, beauty school, house of worship, warehouse, mixed use building. Current owner had done a feasibility study that the building is suitable to subdivided into a multi units apartment building. Detail feasibility study details attached in document
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Carpet, Hardwood
  • Fireplace: No
  • Foundation Details: Stone
  • Total Sq Ft: 3200
  • Living Area Sq Ft: 3200
  • Price Per Sq Ft: 93.40
  • Above Grade Finished Sq Ft: 3200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3949

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry
  • Roof: Rubber, Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Security: Electric Alarm, Monitored
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Association Recreation Fee: 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: 118150.00
  • Land Assessed Value: 20850.00
  • Land Use Code: WB0
  • Lot Size Acres: 0.04
  • Lot Dimensions: 23.00 x 87.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1947.00
  • Property Condition: Average, Good
  • Year Assessed: 2022
  • Zoning: CMX25

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1196310
  • School Tax: 1067.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1945.00
  • Assessor Parcel Number: 776146895
  • Tax Lot: 30
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/05/2023

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2022
Closed on
May 5, 2023
Sold by
Green Earth Investments Llc
Bought by
Shiloh Temple Community Church Of Broad Stree
Seller's Agent
Jack Kong
Philly Real Estate
Buyer's Agent
Sheralda Davis Mosley
Springer Realty Group
List Price
$314,999
Sold Price
$285,000
Premium/Discount to List
-$29,999
-9.52%
Views
23
Current Estimated Value
$322,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,913
Avg. Annual Appreciation
5.27%

Purchase Details

Closed on
Jul 1, 2020
Sold by
Voice Of Praise Worldwide Ministries Inc
Bought by
Green Earth Investments Llc

Purchase Details

Closed on
Oct 1, 2012
Sold by
Weiss Stephen and Krik Bernard
Bought by
Voioce Of Praise Worldwide Ministries In

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
3.59%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 28, 2006
Sold by
Winston Alethia M
Bought by
Weiss Stephen and Krik Bernard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8%
Mortgage Type
Seller Take Back
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
Shiloh Temple Community Church Of Broad Stree $285,000 None Listed On Document
Green Earth Investments Llc $175,000 Germantown Title Company
Voioce Of Praise Worldwide Ministries In $114,000 None Available
Weiss Stephen $85,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Voioce Of Praise Worldwide Ministries In $114,000
Previous Owner Weiss Stephen $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2023 05/05/23 Sold $285,000 0.0% $89 / Sq Ft
04/04/2023 04/04/23 Off Market $285,000 -- --
01/11/2023 01/11/23 Price Changed $298,888 -5.1% $93 / Sq Ft
08/21/2022 08/21/22 Price Changed $314,999 0.0% $98 / Sq Ft
08/21/2022 08/21/22 For Sale $314,999 +10.5% $98 / Sq Ft
08/18/2022 08/18/22 Off Market $285,000 -- --
07/06/2022 07/06/22 Price Changed $329,998 -5.7% $103 / Sq Ft
05/21/2022 05/21/22 For Sale $349,998 -- $109 / 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 $1,946 $139,000 $20,850 $118,150
2024 $1,946 $139,000 $20,850 $118,150
2023 $1,946 $139,000 $20,850 $118,150
2022 $1,946 $139,000 $20,850 $118,150
2021 $1,946 $0 $0 $0
2020 $1,946 $139,000 $20,850 $118,150
2019 $1,946 $0 $0 $0
2018 $1,946 $0 $0 $0
2017 $1,825 $0 $0 $0
2016 $1,825 $0 $0 $0
2015 $1,747 $0 $0 $0
2014 -- $130,400 $19,500 $110,900
2012 -- $24,000 $5,206 $18,794
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2119568

Bright MLS

APN: 776146895