NOT LISTED FOR SALE

4020 Spring Garden St Philadelphia, PA 19104

West Powelton Neighborhood

Estimated Value: $492,000 - $749,000

-- Bed
3 Baths
2,622 Sq Ft
$230/Sq Ft Est. Value

Last Sold July 08, 2020

Last sale price $525,000 $200 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,722/month

9 Days on Market

Highlights

  • No HOA
  • 3-minute walk to Lancaster Avenue And 40Th Street
  • 3-minute walk to Urban Thinkscape
  • Central Air
  • Radiant Heating System

About This Home

As of July 2020

Video Tour: https://youtu.be/cxAomRB0mx0 This stunning West Powelton triplex is fully tenant-occupied. The brick facade is nicely accented by a charming front porch that leads to a wonderful entry vestibule that features classic tile woodwork. The first floor unit is a 1BD/1BA with extra flex space that can be used as additional storage, office, or seating area. The unit has beautiful wood floors, a large sunlit kitchen, and in-unit laundry and has access to the large rear patio. The second and third units are 2BD/1BA & 3BD/1BA, respectively, with hardwoods, large kitchen, a nice living space, and large bedrooms with ample natural light. The building is conveniently located with easy access to multiple forms of public transport, food favorites like Distrito , City Tap House, and Sabrina's Cafe, and walkable to The University of Pennsylvania and Drexel University.

Last Agent to Sell the Property

Ariel Morgenstein

JG Real Estate LLC License #2332837 Listed on: 04/01/2020

JG Real Estate LLC

Last Buyer's Agent

Kristen Lubbe

Space & Company

Space & Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,375

Year Built

  • Built in 1915

Lot Details

  • 1,499 Sq Ft Lot
  • Lot Dimensions are 17.00 x 88.15

Parking

  • On-Street Parking

Home Design

  • 2,622 Sq Ft Home
  • Triplex
  • Masonry

Utilities

  • Central Air
  • Radiant Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 127
  • Assessor Parcel Number 061030500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,375

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Exclusions: Tenant personal belongings
  • Inclusions: All appliances in as-is condition
  • New Construction: No
  • Year Built: 1915
  • Remarks Public: Video Tour: https://youtu.be/cxAomRB0mx0 This stunning West Powelton triplex is fully tenant-occupied. The brick facade is nicely accented by a charming front porch that leads to a wonderful entry vestibule that features classic tile woodwork. The first floor unit is a 1BD/1BA with extra flex space that can be used as additional storage, office, or seating area. The unit has beautiful wood floors, a large sunlit kitchen, and in-unit laundry and has access to the large rear patio. The second and third units are 2BD/1BA & 3BD/1BA, respectively, with hardwoods, large kitchen, a nice living space, and large bedrooms with ample natural light. The building is conveniently located with easy access to multiple forms of public transport, food favorites like Distrito , City Tap House, and Sabrina's Cafe, and walkable to The University of Pennsylvania and Drexel University.
  • Special Features: VirtualTour

Interior Features

  • Total Sq Ft: 2622
  • Living Area Sq Ft: 2622
  • Price Per Sq Ft: 209.38
  • Above Grade Finished Sq Ft: 2622
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4020

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
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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: 204935.00
  • Land Assessed Value: 36165.00
  • Land Use Code: O50
  • Lot Size Acres: 0.03
  • Lot Dimensions: 17.00 x 88.15
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1499.00
  • Year Assessed: 2020
  • Zoning: RSA5

Rental Info

  • Existing Lease Type: Yearly
  • Rent Control: No
  • Total Actual Rent: 43200.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 910793
  • School Tax: 1852.00
  • Tax Annual Amount: 3375.00
  • Assessor Parcel Number: 061030500
  • Tax Lot: 127
  • Tax Total Finished Sq Ft: 2622
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 07/08/2020

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2020
Closed on
Jul 6, 2020
Sold by
4020 Spring Garden Llc
Bought by
Amarose 2 Llc
Seller's Agent
Ariel Morgenstein
JG Real Estate LLC
Buyer's Agent
Kristen Lubbe
Space & Company
List Price
$549,000
Sold Price
$525,000
Premium/Discount to List
-$24,000
-4.37%
Current Estimated Value
$602,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,168
Avg. Annual Appreciation
2.99%
Original Mortgage
$330,565
Outstanding Balance
$296,370
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$314,787

Purchase Details

Closed on
Jan 12, 2016
Sold by
Mckee Daniel
Bought by
4020 Spring Garden Llc

Purchase Details

Closed on
Nov 3, 2008
Sold by
Mckee Daniel and Mckee Ann
Bought by
Mckee Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.13%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Amarose 2 Llc $525,000 City Abstract Llc
4020 Spring Garden Llc $195,000 None Available
Mckee Daniel -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amarose 2 Llc $330,565
Previous Owner Mckee Daniel $180,000
Previous Owner Mckee Daniel $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2020 07/08/20 Sold $525,000 -4.4% $200 / Sq Ft
04/10/2020 04/10/20 Pending -- -- --
04/01/2020 04/01/20 For Sale $549,000 -- $209 / 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 $5,360 $541,700 $108,340 $433,360
2024 $5,360 $541,700 $108,340 $433,360
2023 $5,360 $382,900 $76,580 $306,320
2022 $3,375 $382,900 $76,580 $306,320
2021 $3,375 $0 $0 $0
2020 $3,375 $0 $0 $0
2019 $3,249 $0 $0 $0
2018 $2,268 $0 $0 $0
2017 $2,291 $0 $0 $0
2016 $2,291 $0 $0 $0
2015 $1,531 $0 $0 $0
2014 -- $163,700 $11,689 $152,011
2012 -- $6,880 $921 $5,959
Source: Public Records

Agents Affiliated with this Home

  • Ariel Morgenstein

    Seller's Agent in 2020

    Ariel Morgenstein

    JG Real Estate

    (215) 740-6226

    192 Total Sales

    Ariel Morgenstein
    Section Image
  • Kristen Lubbe

    Buyer's Agent in 2020

    Kristen Lubbe

    Space & Company

    (215) 847-6134

    2 Total Sales

    Kristen Lubbe
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAPH886378

Bright MLS

APN: 061030500

Pennsylvania Philadelphia County Philadelphia 19104 West Powelton

4020 Spring Garden St, Philadelphia, PA

This home is located at 4020 Spring Garden St, Philadelphia, PA 19104 since 01 April 2020 and is currently estimated at $602,168, approximately $229 per square foot. This property was built in 1915. 4020 Spring Garden St is a home located in Philadelphia County with nearby schools including Alain Locke School, West Philadelphia High School, and Belmont Charter Elementary School.

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