Seller's Agent in 2023
Jason Rabinovich
BHHS Fox & Roach
(412) 965-8859
4 in this area
88 Total Sales
4037 Brown St Philadelphia, PA 19104
Belmont NeighborhoodEstimated Value: $543,000 - $675,823
--
Bed
3
Baths
1,968
Sq Ft
$319/Sq Ft
Est. Value
Highlights
- Straight Thru Architecture
- 3-minute walk to Lancaster Avenue And 41St Street
- 5-minute walk to God Is Great Park
- No HOA
- Forced Air Heating and Cooling System
About This Home
As of May 2023Welcome to 4037 Brown St, a beautifully renovated and fully occupied building in the heart of West Philadelphia - a rapidly growing and vibrant community! With three 2-bedroom, 1 bathroom apartments, this exceptional investment opportunity is perfect for those looking to add to their portfolio. Each unit boasts luxurious finishes such as stainless-steel appliances, hardwood floors, central air, in-unit laundry, video doorbell systems, and much more. Enjoy hassle-free management with low overheads and a tax abatement with 7 remaining years, making this an ideal investment for any savvy investor. This location is highly sought after due to its close proximity to renowned universities like Drexel University and UPenn, Presbyterian Hospital, Vidas Athletic Fields, local restaurants, and cafes. Residents will have access to multiple SEPTA bus routes including the Market-Frankford Line and Lancaster Ave #10 trolley, with the 41st Street Station just minutes away, providing easy access to all Regional Train Lines. Plus, you'll be just a stone's throw away from Philadelphia's famous landmarks like the Art Museum, Philadelphia Zoo, and Center City Philadelphia. Don't miss this chance to own a piece of Philadelphia's thriving real estate market! Schedule your viewing today at 4037 Brown St.
Last Agent to Sell the Property
BHHS Fox & Roach-Center City Walnut License #AB068249 Listed on: 03/27/2023
Last Buyer's Agent
Carissa Driscoll
Redfin Corporation
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $351
Year Built
- Built in 1915 | Remodeled in 2019
Lot Details
- 1,440 Sq Ft Lot
- Lot Dimensions are 16.00 x 90.00
Parking
- On-Street Parking
Home Design
- Triplex
- Straight Thru Architecture
- Brick Foundation
- Masonry
Interior Spaces
- 1,968 Sq Ft Home
- Basement Fills Entire Space Under The House
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Community Details
- No Home Owners Association
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 062002200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 27, 2023
Closed on
May 1, 2023
Sold by
Gly Investments Llc
Bought by
Wong Vince
Seller's Agent
Jason Rabinovich
BHHS Fox & Roach-Center City Walnut
Buyer's Agent
Carissa Driscoll
Redfin Corporation
List Price
$605,000
Sold Price
$600,000
Premium/Discount to List
-$5,000
-0.83%
Views
21
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,274
Avg. Annual Appreciation
3.55%
Original Mortgage
$450,000
Outstanding Balance
$439,634
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$211,429
Purchase Details
Closed on
Mar 18, 2019
Sold by
41 Brown Llc
Bought by
Gly Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
4.3%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 27, 2017
Sold by
Merced Finance Llc
Bought by
41Brown Llc
Purchase Details
Closed on
Mar 24, 2017
Sold by
Estate Of John Norcum
Bought by
Merced Finance Llc
Purchase Details
Closed on
Dec 11, 1984
Bought by
Norcum John
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wong Vince | $600,000 | Title Forward | |
| Gly Investments Llc | -- | None Available | |
| 41Brown Llc | $556,000 | None Available | |
| Merced Finance Llc | $8,100 | None Available | |
| Norcum John | $8,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wong Vince | $450,000 | |
| Previous Owner | Gly Investments Llc | $382,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/12/2023 05/12/23 | Sold | $600,000 | -0.8% | $305 / Sq Ft |
| 03/31/2023 03/31/23 | Pending | -- | -- | -- |
| 03/27/2023 03/27/23 | For Sale | $605,000 | -- | $307 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $7,970 | $476,600 | $95,320 | $381,280 |
| 2024 | $7,970 | $476,600 | $95,320 | $381,280 |
| 2023 | $7,970 | $569,400 | $113,880 | $455,520 |
| 2022 | $351 | $569,400 | $113,880 | $455,520 |
| 2021 | $351 | $0 | $0 | $0 |
| 2020 | $351 | $0 | $0 | $0 |
| 2019 | $339 | $0 | $0 | $0 |
| 2018 | $272 | $0 | $0 | $0 |
| 2017 | $272 | $0 | $0 | $0 |
| 2016 | $272 | $0 | $0 | $0 |
| 2015 | $435 | $0 | $0 | $0 |
| 2014 | -- | $36,600 | $6,312 | $30,288 |
| 2012 | -- | $4,832 | $998 | $3,834 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Rabinovich
-
Eric Dvotsky
Seller Co-Listing Agent in 2023
Eric Dvotsky
BHHS Fox & Roach
(215) 678-8895
6 in this area
166 Total Sales
-
Carissa Driscoll
C
Buyer's Agent in 2023
Carissa Driscoll
Redfin Corporation
Map
Source: Bright MLS
MLS Number: PAPH2217706
APN: 062002200
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