NOT LISTED FOR SALE

Estimated Value: $322,000 - $375,000

-- Bed
-- Bath
1,920 Sq Ft
$182/Sq Ft Est. Value

Last Sold January 23, 2013

Last sale price $150,000 $78 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $2,246/month

50 Days on Market

Highlights

  • No HOA
  • 1-minute walk to Lancaster Avenue And 40Th Street
  • 2-minute walk to Urban Thinkscape
  • En-Suite Primary Bedroom
  • Heating System Uses Gas

About This Home

As of January 2013

Brick, 3-story triplex with a covered porch and fenced rear yard. Utilities are split. This is a great location. Property is close to shopping, public transportation, and major travel routes. Property does need some work throughout but is priced accordingly. Seller makes no warranties, expressed or implied as to the condition of the property - being sold in "as-is" condition. Please allow a minimum of 2-3 business days for seller's response. Corporate addendum required with accepted Agreement of Sale.

Last Agent to Sell the Property

Lee Abrams

Higgins & Welch Real Estate, Inc. License #2187739 Listed on: 08/22/2012

Last Buyer's Agent

Eugene Bukh

ROI National Realty Corp License #RS283336

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $782

Year Built

  • Built in 1927

Lot Details

  • 1,368 Sq Ft Lot
  • Lot Dimensions are 16x86

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,920 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 72
  • Assessor Parcel Number 061038900

Community Details

Overview

  • No Home Owners Association
  • Powelton Village Subdivision

Building Details

  • Operating Expense $782

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$782

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1927
  • Remarks Public: Brick, 3-story triplex with a covered porch and fenced rear yard. Utilities are split. This is a great location. Property is close to shopping, public transportation, and major travel routes. Property does need some work throughout but is priced accordingly. Seller makes no warranties, expressed or implied as to the condition of the property - being sold in "as-is" condition. Please allow a minimum of 2-3 business days for seller's response. Corporate addendum required with accepted Agreement of Sale.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1920
  • Living Area Sq Ft: 1920
  • Price Per Sq Ft: 80.68
  • Above Grade Finished Sq Ft: 1920
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4024

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • 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
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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: 6675.00
  • Land Assessed Value: 1613.00
  • Land Use Code: O50
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16X86
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1368.00
  • Zoning: R9A

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3
  • Single Room Units Count: 1

Tax Info

  • Assessor Parcel Number: 910869
  • Tax Annual Amount: 782.00
  • Assessor Parcel Number: 061038900
  • Tax Lot: 72
  • Tax Year: 2012
  • Close Date: 01/23/2013

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2012
Closed on
Feb 5, 2013
Sold by
Us Bank Na
Bought by
Mmag Properties Llc
Seller's Agent
Lee Abrams
Higgins & Welch Real Estate, Inc.
Buyer's Agent
Eugene Bukh
ROI National Realty Corp
List Price
$159,900
Sold Price
$150,000
Premium/Discount to List
-$9,900
-6.19%
Current Estimated Value
$348,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,500
Avg. Annual Appreciation
7.26%

Purchase Details

Listed on
Aug 22, 2012
Closed on
Dec 27, 2012
Sold by
Us Bank Na
Bought by
Mmag Properties Llc
Seller's Agent
Lee Abrams
Higgins & Welch Real Estate, Inc.
Buyer's Agent
Eugene Bukh
ROI National Realty Corp
List Price
$159,900
Sold Price
$150,000
Premium/Discount to List
-$9,900
-6.19%

Purchase Details

Closed on
Sep 6, 2006
Sold by
Equity Partners Fund Xxvi Llc
Bought by
Dumitrescu Eduard and Dumitrescu Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.52%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 8, 2005
Sold by
Byrnes Eileen M
Bought by
Equity Partners Fund Xxvi Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.64%
Mortgage Type
Commercial

Purchase Details

Closed on
May 30, 2003
Sold by
Habana Holdings Llc
Bought by
Byrnes Eileen M

Purchase Details

Closed on
Nov 21, 2002
Sold by
Plummer Deedra M
Bought by
Habana Holdings Llc

Purchase Details

Closed on
Mar 29, 1995
Sold by
Plummer Deedra M and Plummer Peggy
Bought by
Plummer Deedra M
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
Mmag Properties Llc $148,000 None Available
Mmag Properties Llc $148,000 None Available
Dumitrescu Eduard $259,000 Commonwealth Title
Equity Partners Fund Xxvi Llc $95,000 Lawyers Title Ins
Byrnes Eileen M $32,000 --
Habana Holdings Llc $17,000 --
Plummer Deedra M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mmag Properties Llc $1,020,000
Previous Owner Dumitrescu Eduard $103,000
Previous Owner Dumitrescu Eduard $130,000
Previous Owner Equity Partners Fund Xxvi Llc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2013 01/23/13 Sold $150,000 -6.2% $78 / Sq Ft
10/11/2012 10/11/12 Pending -- -- --
08/22/2012 08/22/12 For Sale $159,900 -- $83 / 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 $4,167 $381,500 $76,300 $305,200
2024 $4,167 $381,500 $76,300 $305,200
2023 $4,167 $297,700 $59,540 $238,160
2022 $2,149 $297,700 $59,540 $238,160
2021 $2,149 $0 $0 $0
2020 $2,149 $0 $0 $0
2019 $2,069 $0 $0 $0
2018 $1,947 $0 $0 $0
2017 $1,947 $0 $0 $0
2016 $1,947 $0 $0 $0
2015 $1,147 $0 $0 $0
2014 -- $85,600 $10,534 $75,066
2012 -- $8,288 $1,613 $6,675
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004072410

Bright MLS

APN: 061038900