NOT LISTED FOR SALE

4068 Parkside Ave Philadelphia, PA 19104

West Parkside Neighborhood

Estimated Value: $520,000 - $535,000

-- Bed
4 Baths
1,816 Sq Ft
$290/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $475,000 $262 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,304/month

16 Days on Market

Highlights

  • Straight Thru Architecture
  • 3-minute walk to Girard And 40Th
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of April 2021

Introducing 4068 Parkside Ave, a tastefully renovated triplex located on desirable Parkside Ave. With upgraded features like central air, parquet flooring, stainless-steel appliances, and in-unit washer and dryer this turn-key investment has all the necessary features for a stable investment. Including amazing views of the park, a close proximity to the zoo, Drexel University, UPenn, and the shopping center on 52nd st, this local spot is ideal for all tenants. With a cap rate of 6.8%, this property has lots of potential for growth! With an abundance of public transportation as well as the proximity to Downtown Philadelphia, local highways including I-76, this property is located near dozens of restaurants, cafes, and bars. The ideal proximity to Fairmount Park, Philadelphia Zoo, the Mann Center, Memorial Hall, the Schuylkill River, as well as the Please Touch Museum makes this property a hot spot for potential tenants.

Last Agent to Sell the Property

Jason Rabinovich

BHHS Fox & Roach-Center City Walnut License #AB068249 Listed on: 02/10/2021

BHHS Fox & Roach-Center City Walnut

Co-Listed By

Eric Dvotsky

BHHS Fox & Roach-Center City Walnut License #rs332410

Last Buyer's Agent

Christopher Sooy

EXP Realty, LLC License #1751199

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,474

Year Built

  • Built in 1925

Lot Details

  • 1,115 Sq Ft Lot
  • Lot Dimensions are 16.00 x 69.66

Parking

  • On-Street Parking

Home Design

  • 1,816 Sq Ft Home
  • Triplex
  • Straight Thru Architecture
  • Masonry

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 79
  • Assessor Parcel Number 062220900

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $3,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,474

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Total Sq Ft: 1816
  • Living Area Sq Ft: 1816
  • Price Per Sq Ft: 275.33
  • Above Grade Finished Sq Ft: 1816
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4068

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: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • 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

Lot Info

  • Land Use Code: U30
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16.00 x 69.66
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1115.00
  • Year Assessed: 2020
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 809.00
  • Tax Annual Amount: 1474.00
  • Assessor Parcel Number: 062220900
  • Tax Lot: 79
  • Tax Total Finished Sq Ft: 1816
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 04/16/2021

Multi Family

  • Gross Scheduled Income: 3500.00
  • 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
Feb 10, 2021
Closed on
Apr 8, 2021
Sold by
4068 Parkside Llc
Bought by
Oh Joseph K and Park Kungmi
Seller's Agent
Jason Rabinovich
BHHS Fox & Roach-Center City Walnut
Buyer's Agent
Christopher Sooy
EXP Realty, LLC
List Price
$500,000
Sold Price
$475,000
Premium/Discount to List
-$25,000
-5%
Current Estimated Value
$525,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,646
Avg. Annual Appreciation
2.38%
Original Mortgage
$356,250
Outstanding Balance
$325,583
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$200,063

Purchase Details

Closed on
May 31, 2017
Sold by
Ewen James Roberts
Bought by
4068 Parkside Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 22, 2007
Sold by
Sustainable Construction Corp
Bought by
Ewen James Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 2007
Sold by
Kearney Thelma
Bought by
Sustainable Construction Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage
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
Oh Joseph K $475,000 None Available
4068 Parkside Llc $69,500 Sentex Settlements Services
Ewen James Robert $80,000 Security Search & Abstract C
Sustainable Construction Corp $67,500 Security Search & Abstract C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oh Joseph K $356,250
Previous Owner 4068 Parkside Llc $295,000
Previous Owner 4068 Parkside Llc $200,000
Previous Owner Ewen James Robert $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2021 04/16/21 Sold $475,000 -5.0% $262 / Sq Ft
02/26/2021 02/26/21 Pending -- -- --
02/10/2021 02/10/21 For Sale $500,000 -- $275 / 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 $4,807 $402,100 $80,420 $321,680
2024 $4,807 $402,100 $80,420 $321,680
2023 $4,807 $343,400 $68,680 $274,720
2022 $1,474 $343,400 $68,680 $274,720
2021 $1,474 $0 $0 $0
2020 $1,474 $105,300 $15,795 $89,505
2019 $809 $0 $0 $0
2018 $725 $0 $0 $0
2017 $725 $0 $0 $0
2016 $725 $0 $0 $0
2015 $694 $0 $0 $0
2014 -- $51,800 $5,573 $46,227
2012 -- $4,640 $1,104 $3,536
Source: Public Records

Agents Affiliated with this Home

  • Jason Rabinovich

    Seller's Agent in 2021

    Jason Rabinovich

    BHHS Fox & Roach

    (412) 965-8859

    2 in this area

    88 Total Sales

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  • Eric Dvotsky

    Seller Co-Listing Agent in 2021

    Eric Dvotsky

    BHHS Fox & Roach

    (215) 678-8895

    6 in this area

    171 Total Sales

    Section Image
  • Christopher Sooy

    Buyer's Agent in 2021

    Christopher Sooy

    EXP Realty, LLC

    (856) 473-4989

    1 in this area

    87 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH986124

Bright MLS

APN: 062220900

Pennsylvania Philadelphia County Philadelphia 19104 West Parkside

4068 Parkside Ave, Philadelphia, PA

This home is located at 4068 Parkside Ave, Philadelphia, PA 19104 since 10 February 2021 and is currently estimated at $525,979, approximately $289 per square foot. This property was built in 1925. 4068 Parkside Ave is a home located in Philadelphia County with nearby schools including Rudolph Blankenburg School, Overbrook High School, and JYK Discovery Charter School.

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