NOT LISTED FOR SALE

Estimated Value: $649,000

1.33 Acres
$487,970 Price per Acre
57,935 Sq Ft Lot

Last Sold September 29, 2023

Last sale price $515,000

Est. 26% increase in value since last sale

Current estimated payment $3,928/month

46 Days on Market

About This Lot

As of September 2023

OPPORTUNITY ZONE! Over 58,000 SF+ of prime Industrial Outdoor Storage located just off of the Broad Street Corridor, Roosevelt Blvd, and US Route 1. Previously used as an Auto, Equipment Storage Center, and Self Storage Units. This site is perfect for all types of outdoor storage. This package also includes a one story 1,300 SF building at Broad & Kerbaugh which can be converted to an office / shop location for the business on site. Property is being sold as-is.

Last Agent to Sell the Property

Chris Dewey

(610) 322-5779 chrisdewey3315@gmail.com Action Commercial Group LLC Listed on: 06/12/2023

Action Commercial Group LLC

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,967

Lot Details

  • 1.33 Acre Lot
  • Additional Parcels
  • Property is zoned I2, RM1

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 222
  • Assessor Parcel Number 885514300

Property Details

Property Type

Land

Est. Annual Taxes

$5,967

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Industrial, Land/Lot Only
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 11.18
  • Street Number Modifier: 4004

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • 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

Lot Info

  • Additional Parcels: Yes
  • Land Use Code: SI
  • Lot Size Acres: 1.33
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 58146.00
  • Year Assessed: 2023
  • Zoning: I2, RM1
  • Farmland Preservation: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 3274.00
  • Tax Annual Amount: 5967.00
  • Assessor Parcel Number: 885514300
  • Tax Lot: 222
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 09/29/2023

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2023
Closed on
Sep 29, 2023
Sold by
Kurmer John Paul
Bought by
Terra Luzerne Llc
Seller's Agent
Chris Dewey
Action Commercial Group LLC
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$650,000
Sold Price
$515,000
Premium/Discount to List
-$135,000
-20.77%
Views
93
Current Estimated Value
$649,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,000

Purchase Details

Closed on
Apr 25, 2016
Sold by
Kurmer John
Bought by
6901 Sherman Llc

Purchase Details

Closed on
May 22, 1950
Bought by
Kurmer John and Kurmer Margery
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Terra Luzerne Llc $515,000 None Listed On Document
6901 Sherman Llc $84,000 None Available
Kurmer John -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2023 09/29/23 Sold $515,000 -20.8% --
07/28/2023 07/28/23 Pending -- -- --
06/12/2023 06/12/23 For Sale $650,000 -- --
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 $5,967 $425,000 $425,000 --
2024 $5,967 $425,000 $425,000 --
2023 $5,967 $426,300 $426,300 $0
2022 $3,845 $426,300 $426,300 $0
2021 $3,845 $0 $0 $0
2020 $3,845 $0 $0 $0
2019 $3,845 $0 $0 $0
2018 $3,733 $0 $0 $0
2017 $302 $0 $0 $0
2016 $302 $0 $0 $0
2015 $289 $0 $0 $0
2014 -- $21,600 $21,600 $0
2012 -- $1,760 $1,760 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2246358

Bright MLS

APN: 885514300