NOT LISTED FOR SALE

Estimated Value: $629,000 - $943,876

-- Bed
3 Baths
2,130 Sq Ft
$363/Sq Ft Est. Value

Last Sold June 28, 2017

Last sale price $531,900 $250 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,593/month

Highlights

  • No HOA
  • 4-minute walk to Lancaster Avenue And 40Th Street
  • East Facing Home
  • En-Suite Primary Bedroom
  • Forced Air Heating and Cooling System
  • 4-minute walk to Urban Thinkscape

About This Home

As of June 2017

University City Duplex newly constructed 3 years ago with 7 years of tax abatement remaining. Top two floors have 3 bedrooms and 3 bathrooms; the other two floors have 3 bedrooms and 2 baths. Well maintained, modern, all built to construction code of three years ago, meaning sprinklers in the whole building. Close to Drexel, University of Penn and University of the Sciences. Close to public transportation and all of the new construction on Market between 38th and 42nd! The perfect place for someone attending one of the colleges while wanting income, appreciation and others to pay down a mortgage. A triple winner! If you desire to have many rentals in the area, the building adjacent is also available and is a sister to this one. See 412 N Wiota listing. Tenants are currently with a lease ending July, 2017, so take over the income now and direct the next income stream to your liking or use one of the units for your own needs and have the other help pay the debt down.

Last Agent to Sell the Property

Nathan S. Naness

(215) 627-3500 nate453@gmail.com KW Empower Listed on: 03/08/2017

KW Empower

Last Buyer's Agent

Neil Dessecker

(215) 241-1156 Neil.Dessecker@gmail.com RE/MAX One Realty - TCDT License #RS325498

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $537

Year Built

  • Built in 2013

Lot Details

  • 901 Sq Ft Lot
  • Lot Dimensions are 21x42
  • East Facing Home
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Aluminum Siding
  • Stucco

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,130 Sq Ft Home
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 215
  • Assessor Parcel Number 061173510

Community Details

Overview

  • No Home Owners Association
  • University City Subdivision

Building Details

  • Electric Expense $696
  • Insurance Expense $1,625
  • Maintenance Expense $600
  • Operating Expense $4,742

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$537

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 2013
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 2130
  • Living Area Sq Ft: 2130
  • Price Per Sq Ft: 249.72
  • Above Grade Finished Sq Ft: 2130
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding, Stucco, Brick
  • 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: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Expense: 696.00
  • Electric Service: Circuit Breakers
  • Heating Type: Heat Pump - Electric Backup, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1284.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Acres: 0.02
  • Lot Dimensions: 21X42
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 901.00
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 42000.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 537.00
  • Assessor Parcel Number: 061173510
  • Tax Lot: 215
  • Tax Year: 2017

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2017
Closed on
Jun 28, 2017
Sold by
Ncfm Land Holdings Inc
Bought by
Isbester Andrew James
Seller's Agent
Nathan S. Naness
KW Empower
Buyer's Agent
Neil Dessecker
RE/MAX One Realty - TCDT
List Price
$531,900
Sold Price
$531,900
Current Estimated Value
$772,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,392
Avg. Annual Appreciation
4.57%
Original Mortgage
$39,000
Outstanding Balance
$32,447
Interest Rate
3.94%
Mortgage Type
Commercial
Estimated Equity
$739,845
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
Isbester Andrew James $531,900 Surety Expert Abstract Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Isbester Andrew James $39,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2017 06/28/17 Sold $531,900 0.0% $250 / Sq Ft
05/17/2017 05/17/17 For Sale $531,900 0.0% $250 / Sq Ft
04/25/2017 04/25/17 Pending -- -- --
04/12/2017 04/12/17 Price Changed $531,900 +0.4% $250 / Sq Ft
03/08/2017 03/08/17 For Sale $529,900 -- $249 / 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 $6,614 $612,900 $122,580 $490,320
2024 $6,614 $612,900 $122,580 $490,320
2023 $3,087 $472,500 $94,500 $378,000
2022 $1,076 $220,500 $94,500 $126,000
2021 $1,076 $0 $0 $0
2020 $1,076 $0 $0 $0
2019 $1,036 $0 $0 $0
2018 $537 $0 $0 $0
2017 $537 $0 $0 $0
2016 -- $0 $0 $0
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003229917

Bright MLS

APN: 061173510