Seller's Agent in 2019
Michael McCann
KW Empower
(215) 778-0901
48 in this area
1,719 Total Sales
415 S 13th St Philadelphia, PA 19147
Washington Square West NeighborhoodEstimated Value: $760,735 - $1,021,000
--
Bed
3
Baths
1,785
Sq Ft
$520/Sq Ft
Est. Value
Highlights
- No HOA
- 4-minute walk to Lombard-South
- 3-minute walk to Kahn Park
- Central Air
- Hot Water Heating System
About This Home
As of October 2019Are you ready to make a profit? Take advantage of this incredible financial opportunity! This modernized triplex, fully occupied, is nestled on a fantastic block in the heart of Washington Square West and collects over $51,000.00/year in gross income, with a 6.5% cap rate. This triplex is in great condition, thanks to recent tasteful renovations, no new cosmetics necessary! Features include updated kitchens, central air, and common basement with laundry facilities. The first floor is a 2 bed, 1 bath unit beaming with gorgeous hardwood floors, a beautifully renovated kitchen with granite counter tops and newer appliances and large windows allowing an abundance of natural light to flow in. The second unit features two bedrooms, a full bath, a spacious updated kitchen, and a living room with hardwood flooring. When you enter the third floor bi-level unit, you'll find a generously sized living room, a newly renovated kitchen with granite counter tops and modern appliances, a full bathroom, and two bedrooms with hardwood floors throughout. Located in one of Philadelphia's most desirable neighborhoods, surrounded by both history and convenience. Awarded a walk score of 98, this triplex is just a stones throw from Jefferson & Penn hospitals, five star restaurants, local and big chain shopping, Theater District, hot-spot bars and nightlife, a plethora of cafes, historic parks, transportation and so much more. This is a unique opportunity -- don't miss out!
Last Agent to Sell the Property
mccann@mccannteam.com KW Empower License #AB049770L Listed on: 08/20/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,067
Year Built
- Built in 1900
Lot Details
- 959 Sq Ft Lot
- Lot Dimensions are 17.75 x 54.00
Parking
- On-Street Parking
Home Design
- Triplex
- Masonry
Interior Spaces
- 1,785 Sq Ft Home
- Basement Fills Entire Space Under The House
Utilities
- Central Air
- Hot Water Heating System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- 3 Units
Listing and Financial Details
- Tax Lot 448
- Assessor Parcel Number 053151900
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 20, 2019
Closed on
Oct 15, 2019
Sold by
Accay Adrian M
Bought by
Ren Jia
Seller's Agent
Michael McCann
KW Empower
Buyer's Agent
Richard Li
Liberty Real Estate
List Price
$689,000
Sold Price
$670,000
Premium/Discount to List
-$19,000
-2.76%
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
$257,912
Avg. Annual Appreciation
4.71%
Original Mortgage
$502,500
Outstanding Balance
$445,771
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$435,909
Purchase Details
Listed on
Mar 9, 2017
Closed on
Jul 5, 2017
Sold by
Ragan Debra and Regan Debra
Bought by
Accay Adrian M
Seller's Agent
Michael Fabrizio
RE/MAX Access
Buyer's Agent
David Snyder
KW Empower
List Price
$685,000
Sold Price
$650,000
Premium/Discount to List
-$35,000
-5.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.34%
Original Mortgage
$455,000
Interest Rate
3.94%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 30, 1999
Sold by
Lau Shoo Lan and Lau Allene M
Bought by
Ragan Debra
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 |
|---|---|---|---|
| Ren Jia | $670,000 | Quest Abstract Corporation | |
| Accay Adrian M | $650,000 | Title Services | |
| Ragan Debra | $175,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ren Jia | $502,500 | |
| Previous Owner | Accay Adrian M | $455,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/15/2019 10/15/19 | Sold | $670,000 | -2.8% | $375 / Sq Ft |
| 08/27/2019 08/27/19 | Pending | -- | -- | -- |
| 08/20/2019 08/20/19 | For Sale | $689,000 | +6.0% | $386 / Sq Ft |
| 07/03/2017 07/03/17 | Sold | $650,000 | -5.1% | $364 / Sq Ft |
| 05/10/2017 05/10/17 | Pending | -- | -- | -- |
| 04/01/2017 04/01/17 | For Sale | $685,000 | 0.0% | $384 / Sq Ft |
| 03/23/2017 03/23/17 | Pending | -- | -- | -- |
| 03/09/2017 03/09/17 | For Sale | $685,000 | -- | $384 / 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 | $6,705 | $708,200 | $141,600 | $566,600 |
| 2024 | $6,705 | $708,200 | $141,600 | $566,600 |
| 2023 | $6,705 | $479,000 | $95,800 | $383,200 |
| 2022 | $6,067 | $479,000 | $95,800 | $383,200 |
| 2021 | $6,067 | $0 | $0 | $0 |
| 2020 | $6,067 | $0 | $0 | $0 |
| 2019 | $5,871 | $0 | $0 | $0 |
| 2018 | $5,220 | $0 | $0 | $0 |
| 2017 | $5,220 | $0 | $0 | $0 |
| 2016 | $5,220 | $0 | $0 | $0 |
| 2015 | $4,997 | $0 | $0 | $0 |
| 2014 | -- | $372,900 | $59,109 | $313,791 |
| 2012 | -- | $45,696 | $8,981 | $36,715 |
Source: Public Records
Agents Affiliated with this Home
-
Michael McCann
-
Stuart Cohen
Seller Co-Listing Agent in 2019
Stuart Cohen
KW Empower
(215) 275-0800
8 in this area
161 Total Sales
-
Richard Li
R
Buyer's Agent in 2019
Richard Li
Liberty Real Estate
(267) 767-7612
1 in this area
76 Total Sales
-
Michael Fabrizio
Seller's Agent in 2017
Michael Fabrizio
RE/MAX
(609) 221-7123
1 in this area
117 Total Sales
-
David Snyder
Buyer's Agent in 2017
David Snyder
KW Empower
(215) 607-6007
17 in this area
886 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH826308
APN: 053151900
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