NOT LISTED FOR SALE

Estimated Value: $477,805 - $492,000

-- Bed
3 Baths
2,304 Sq Ft
$211/Sq Ft Est. Value

Last Sold August 12, 2022

Last sale price $425,000 $184 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,041/month

7 Days on Market

Highlights

  • Radiator
  • 4-minute walk to Lancaster Avenue And 40Th Street
  • 2-minute walk to Vidas Athletic Complex

About This Home

As of August 2022

EXCELLENT OPPORTUNITY to build wealth and own a 3 unit building close to award winning universities! MANY upgrades such as NEW front porch roof (2021), NEW hot water heater (2018), and regular maintenance and repairs throughout. Rent two and live in one! Enter the communal front door and access the first floor unit by two doors off the hallway. This unit (2 bed 1 bath $1,200 a month) offers a versatile floor plan with the kitchen and bathroom in the center of it all and boasts an original Philadelphia style looking gas fireplace (unused). Enjoy access to the back patio area from this unit. The back patio is perfect for more entertaining space and storage. Tons of potential! Up the hallway stairs to the second floor unit (1 bed 1 bath $975 a month) boasts built in storage in the bedroom and another historic style looking fireplace front full of character. The third floor (1 bed 1 bath $725 a month) has a unique skylight with lots of natural sunlight and expansive views. An exterior door to the roof is installed in the kitchen but not to be used without proper safety measures. The basement hosts coin operated laundry, storage space that can be locked, and the mechanics of the home. Excellent potential at a price you can't beat! Build wealth in Philadelphia owning a move in ready triplex today!

Last Agent to Sell the Property

Danielle Dunn

RE/MAX Legacy Listed on: 06/25/2022

RE/MAX Legacy

Last Buyer's Agent

Danielle Dunn

RE/MAX Legacy Listed on: 06/25/2022

RE/MAX Legacy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,349

Year Built

  • Built in 1915

Lot Details

  • 1,465 Sq Ft Lot
  • Lot Dimensions are 16.00 x 92.00

Parking

  • On-Street Parking

Home Design

  • 2,304 Sq Ft Home
  • Triplex
  • Masonry

Utilities

  • Radiator
  • Natural Gas Water Heater

Additional Features

  • Unfinished Basement

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 139
  • Assessor Parcel Number 061035500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,349

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
  • New Construction: No
  • Year Built: 1915
  • Automatically Close On Close Date: Yes
  • Remarks Public: EXCELLENT OPPORTUNITY to build wealth and own a 3 unit building close to award winning universities! MANY upgrades such as NEW front porch roof (2021), NEW hot water heater (2018), and regular maintenance and repairs throughout. Rent two and live in one! Enter the communal front door and access the first floor unit by two doors off the hallway. This unit (2 bed 1 bath $1,200 a month) offers a versatile floor plan with the kitchen and bathroom in the center of it all and boasts an original Philadelphia style looking gas fireplace (unused). Enjoy access to the back patio area from this unit. The back patio is perfect for more entertaining space and storage. Tons of potential! Up the hallway stairs to the second floor unit (1 bed 1 bath $975 a month) boasts built in storage in the bedroom and another historic style looking fireplace front full of character. The third floor (1 bed 1 bath $725 a month) has a unique skylight with lots of natural sunlight and expansive views. An exterior door to the roof is installed in the kitchen but not to be used without proper safety measures. The basement hosts coin operated laundry, storage space that can be locked, and the mechanics of the home. Excellent potential at a price you can't beat! Build wealth in Philadelphia owning a move in ready triplex today!
  • Special Features: None

Interior Features

  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2304
  • Living Area Sq Ft: 2304
  • Price Per Sq Ft: 173.61
  • Above Grade Finished Sq Ft: 2304
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4055

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: No
  • Gas Avg Month: 100.00
  • Gas Prev12 Months: 1200.00
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

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: 203467.00
  • Land Assessed Value: 35833.00
  • Land Use Code: U50
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16.00 x 92.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1465.00
  • Year Assessed: 2022
  • Zoning: RSA5

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 3
  • Rent Control: No
  • Total Actual Rent: 34800.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 910839
  • School Tax: 1838.00
  • Tax Annual Amount: 3349.00
  • Assessor Parcel Number: 061035500
  • Tax Lot: 139
  • Tax Total Finished Sq Ft: 2304
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 08/12/2022

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2022
Closed on
Aug 3, 2022
Sold by
Chad Hartzell
Bought by
Wilson Matt T
Seller's Agent
Danielle Dunn
RE/MAX Legacy
Buyer's Agent
Danielle Dunn
RE/MAX Legacy
List Price
$399,999
Sold Price
$425,000
Premium/Discount to List
$25,001
6.25%
Current Estimated Value
$486,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,935
Avg. Annual Appreciation
6.06%
Original Mortgage
$340,000
Outstanding Balance
$328,567
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$179,676

Purchase Details

Closed on
Aug 17, 2007
Sold by
Katriniak Shelli L and Lyons Shelli
Bought by
Hartzell Chad R and Dunn Ethan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,200
Interest Rate
6.63%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 30, 2006
Sold by
Lyons Shelli and Katriniak Shelli L
Bought by
Katriniak Shelli L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,500
Interest Rate
6.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 18, 2002
Sold by
Gritter Kenneth A
Bought by
Lyons Shelli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.08%
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
Wilson Matt T $425,000 --
Hartzell Chad R $258,000 Lawyers Title Insurance Corp
Katriniak Shelli L -- None Available
Lyons Shelli $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Matt T $340,000
Previous Owner Dunn Ethan P $213,306
Previous Owner Hartzell Chad R $247,456
Previous Owner Hartzell Chad R $232,200
Previous Owner Katrina Shelli Lyons $50,000
Previous Owner Katriniak Shelli L $116,500
Previous Owner Lyons Shelli $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2022 08/12/22 Sold $425,000 +6.3% $184 / Sq Ft
08/09/2022 08/09/22 Price Changed $399,999 0.0% $174 / Sq Ft
07/02/2022 07/02/22 Pending -- -- --
06/25/2022 06/25/22 For Sale $399,999 -- $174 / 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 $4,656 $500,400 $100,080 $400,320
2024 $4,656 $500,400 $100,080 $400,320
2023 $4,656 $332,600 $66,520 $266,080
2022 $3,350 $332,600 $66,520 $266,080
2021 $3,350 $0 $0 $0
2020 $3,350 $0 $0 $0
2019 $3,225 $0 $0 $0
2018 $2,200 $0 $0 $0
2017 $2,200 $0 $0 $0
2016 $2,200 $0 $0 $0
2015 $2,106 $0 $0 $0
2014 -- $157,200 $11,430 $145,770
2012 -- $10,816 $2,212 $8,604
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2131104

Bright MLS

APN: 061035500