NOT LISTED FOR SALE

Estimated Value: $460,000 - $713,000

-- Bed
3 Baths
2,250 Sq Ft
$252/Sq Ft Est. Value

Last Sold April 14, 2016

Last sale price $255,000 $113 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $3,337/month

Highlights

  • Wood Flooring
  • 5-minute walk to Lancaster Avenue And 40Th Street
  • Laundry Facilities
  • No HOA
  • En-Suite Primary Bedroom
  • 4-minute walk to Vidas Athletic Complex

About This Home

As of April 2016

University city a great opportunity to own A Nice Triplex. The 1st floor is vacant the 2nd and 3rd floor is renetd out. All utlities are seperate and all utilities are electric. If you are looking for an income producing property this maybe for you. The owner is looking for a reasonalbe offer. The property is close to Center City. The propeerty needs some TLC and up grades.

Last Agent to Sell the Property

Kenneth Young

(215) 681-5349 kennycy1962@comcast.net RE/MAX 2000 Listed on: 10/15/2015

RE/MAX 2000

Last Buyer's Agent

Suqing Fan

(267) 243-1892 fansuqing@yahoo.com Triamond Realty License #RS304225

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,746

Year Built

  • Built in 1950

Lot Details

  • 1,683 Sq Ft Lot
  • Lot Dimensions are 18x93
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,250 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet

Utilities

  • Heating Available
  • 100 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 45
  • Assessor Parcel Number 061027800

Community Details

Overview

  • No Home Owners Association
  • University City Subdivision

Additional Features

  • Laundry Facilities
  • Operating Expense $2,629

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,746

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Flooring Type: Wood, Fully Carpeted
  • Fireplace: No
  • Entry Location: Foyer
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Common
  • Total Sq Ft: 2250
  • Living Area Sq Ft: 2250
  • Price Per Sq Ft: 113.33
  • Above Grade Finished Sq Ft: 2250
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks
  • Roof: Flat
  • 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
  • Electric Service: 100 Amp Service
  • Heating Fuel: Electric
  • Heating Type: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 183542.00
  • Land Assessed Value: 12658.00
  • Lot Size Acres: 0.04
  • Lot Dimensions: 18X93
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1683.00
  • Property Condition: Good
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 15600.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 910776
  • Tax Annual Amount: 2746.00
  • Assessor Parcel Number: 061027800
  • Tax Lot: 45
  • Tax Year: 2016

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2024
Sold by
Zhu Kong Mi and Dong Qi Na
Bought by
Chee Weihui and Li Henry
Current Estimated Value
$566,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$370,395
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$195,751

Purchase Details

Listed on
Oct 15, 2015
Closed on
Apr 14, 2016
Seller's Agent
Kenneth Young
RE/MAX 2000
Buyer's Agent
Suqing Fan
Triamond Realty
List Price
$275,000
Sold Price
$255,000
Premium/Discount to List
-$20,000
-7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.71%
Original Mortgage
$200,000
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 9, 2009
Sold by
Coleman Anthony
Bought by
Cherry Brian R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,219
Interest Rate
5.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 21, 2006
Sold by
Dewdney Maria and Dewdney Vincent
Bought by
Coleman Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
7.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 11, 2000
Sold by
Community Realty Development Company Inc
Bought by
Dewdney Vincent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
11.4%
Mortgage Type
Commercial
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
Chee Weihui $500,000 None Listed On Document
-- $255,000 None Available
Cherry Brian R $230,000 None Available
Coleman Anthony $180,000 None Available
Dewdney Vincent $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chee Weihui $375,000
Previous Owner -- $200,000
Previous Owner Cherry Brian R $244,219
Previous Owner Coleman Anthony $152,000
Previous Owner Dewdney Vincent $64,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2016 04/14/16 Sold $255,000 -7.3% $113 / Sq Ft
10/18/2015 10/18/15 Pending -- -- --
10/15/2015 10/15/15 For Sale $275,000 -- $122 / 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 $4,485 $515,600 $103,120 $412,480
2024 $4,485 $515,600 $103,120 $412,480
2023 $4,485 $320,400 $64,080 $256,320
2022 $3,271 $320,400 $64,080 $256,320
2021 $3,271 $0 $0 $0
2020 $3,271 $0 $0 $0
2019 $3,590 $0 $0 $0
2018 $2,746 $0 $0 $0
2017 $2,746 $0 $0 $0
2016 $2,746 $0 $0 $0
2015 $2,629 $0 $0 $0
2014 -- $196,200 $12,658 $183,542
2012 -- $19,072 $652 $18,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002719432

Bright MLS

APN: 061027800