NOT LISTED FOR SALE

Estimated Value: $265,000 - $380,000

-- Bed
-- Bath
-- Sq Ft
2,560 Sq Ft Lot

Last Sold May 06, 2019

Last sale price $140,000

Est. 134% increase in value since last sale

Current estimated payment $2,207/month

8 Days on Market

Highlights

  • City View
  • Wood Flooring
  • Eat-In Kitchen
  • Straight Thru Architecture
  • No HOA
  • Forced Air Heating System

About This Home

As of May 2019

This building consists of three units but is only legally zoned for two units. The first and second floor units are two bedroom each while the third floor is an unfinished one bedroom unit. The property has separate electric, gas hot water tanks ,and separate heaters, first and third floor are gas hot air, while the second floor is gas radiators.

Last Agent to Sell the Property

John Szymanski

Leibovitz Real Estate, LLC License #AB044896A Listed on: 02/12/2019

Last Buyer's Agent

Natasha Ocasio

Realty Mark Associates-CC License #RS340647

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,963

Year Built

  • Built in 1920

Lot Details

  • 2,560 Sq Ft Lot
  • Lot Dimensions are 16.00' x 160.00'
  • Back and Front Yard
  • Property is in good condition

Home Design

  • Triplex
  • Straight Thru Architecture
  • Slab Foundation
  • Plaster Walls
  • Built-Up Roof
  • Masonry

Interior Spaces

  • Replacement Windows
  • Wood Flooring
  • City Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Location

  • Urban Location

Schools

  • Overbrook High School

Utilities

  • Forced Air Heating System
  • Radiator
  • Hot Water Heating System
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for water, real estate taxes, sewer
  • Tax Lot 33
  • Assessor Parcel Number 062197400

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • West Philadelphia Subdivision

Building Details

  • Income includes apartment rentals
  • Insurance Expense $1,200
  • Gross Income $14,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,963

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1920
  • Remarks Public: This building consists of three units but is only legally zoned for two units. The first and second floor units are two bedroom each while the third floor is an unfinished one bedroom unit. The property has separate electric, gas hot water tanks ,and separate heaters, first and third floor are gas hot air, while the second floor is gas radiators.
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Gas
  • Flooring Type: Hardwood
  • Interior Amenities: Kitchen - Eat-In
  • Window Features: Replacement
  • Fireplace: No
  • Wall Ceiling Types: Plaster Walls
  • Foundation Details: Slab
  • Room Count: 13
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4173

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Exterior Features: Sidewalks, Street Lights
  • Road Surface Type: Paved
  • Roof: Built-Up
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Hot Water, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • High School: OVERBROOK
  • High School Source: 3rd Party
  • School District Key: 300200397108
  • School District Source: 3rd Party
  • High School: OVERBROOK

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 117067.00
  • Land Assessed Value: 23133.00
  • Land Use Code: U50
  • Lot Features: Front Yard, Rear Yard
  • Lot Size Acres: 0.06
  • Lot Dimensions: 16.00' x 160.00'
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2560.00
  • Property Condition: Below Average, Good
  • Year Assessed: 2018
  • Zoning: RSA5

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Owner Pays: Water, Taxes - Real Estate, Sewer
  • Rent Control: No
  • Total Actual Rent: 14400.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 913846
  • School Tax: 1077.00
  • Tax Annual Amount: 1963.00
  • Assessor Parcel Number: 062197400
  • Tax Lot: 33
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 05/06/2019

Multi Family

  • Gross Income: 14400.00
  • Gross Scheduled Income: 14400.00
  • Income Includes: Apartment Rentals
  • Vacancy Allowance Rate: 4.00

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2019
Closed on
May 6, 2019
Sold by
Alston David
Bought by
Maiolino Peter
Seller's Agent
John Szymanski
Leibovitz Real Estate, LLC
Buyer's Agent
Natasha Ocasio
Realty Mark Associates-CC
List Price
$150,000
Sold Price
$140,000
Premium/Discount to List
-$10,000
-6.67%
Current Estimated Value
$328,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,000
Avg. Annual Appreciation
10.44%
Original Mortgage
$414,682
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 21, 2007
Sold by
Us Bank Na
Bought by
Alston David

Purchase Details

Closed on
Nov 6, 2006
Sold by
Floyd Novella
Bought by
Us Bank Na and Salomon Brothers Mortgage Securities Vii
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
Maiolino Peter $140,000 Maple Settlement Services
Alston David $43,000 Independence Abstract & Titl
Us Bank Na $20,800 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maiolino Peter $398,984
Closed Maiolino Peter $414,682
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2019 05/06/19 Sold $140,000 -6.7% --
02/20/2019 02/20/19 Pending -- -- --
02/12/2019 02/12/19 For Sale $150,000 -- --
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 $5,045 $291,300 $58,260 $233,040
2024 $5,045 $291,300 $58,260 $233,040
2023 $5,045 $360,400 $72,000 $288,400
2022 $1,408 $315,400 $72,000 $243,400
2021 $2,038 $0 $0 $0
2020 $2,038 $0 $0 $0
2019 $1,963 $0 $0 $0
2018 $470 $0 $0 $0
2017 $470 $0 $0 $0
2016 $470 $0 $0 $0
2015 $787 $0 $0 $0
2014 -- $58,700 $13,743 $44,957
2012 -- $4,768 $2,036 $2,732
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH716722

Bright MLS

APN: 062197400