$255,300
SOLD MAY 30, 2025
7 Beds
5 Baths
4,240 Sq Ft
2,464 Sq Ft Lot

Recently Sold

$60 Per Sq Ft

35% Below List Price

14 Days on Market

Highlights

  • Colonial Architecture
  • 4-minute walk to Lancaster Avenue And 40Th Street
  • 3-minute walk to Vidas Athletic Complex
  • No HOA
  • Radiator

About This Home

As of May 2025

PRIME INVESTMENT OPPORTUNITY IN WEST PHILLY! Investors, developers, and savvy flippers this is the deal you’ve been waiting for! Located in the rapidly appreciating West Philadelphia/West Powelton area, this massive property offers an unmatched opportunity to transform a diamond in the rough into a high-value asset. With ARVs soaring past $1M, the potential here is undeniable! Why 421 N. Preston Street?Prime Location: Just minutes from Drexel University, University of Pennsylvania, and major hospitals, making it perfect for high-end rentals or luxury student housing. Endless Possibilities: Ideal for a multi-family conversion, a high-end flip, or a ground-up redevelopment to maximize returns. Strong Comps: Surrounding luxury townhomes and new construction properties are selling for well over $1M, ensuring a lucrative exit strategy. Growing Demand: With University City’s booming development, demand for premium housing is skyrocketing, don’t miss your chance to capitalize! Bring Your Vision to Life! This is your chance to flip, develop, or hold for long-term appreciation in one of Philly’s most promising pockets. Whether you’re an experienced investor or a first-time developer looking for a high-yield project, 421 N. Preston Street is a golden opportunity you won’t want to pass up. Act Fast! Opportunities like this don’t last. Contact us today to secure this high-potential investment!

Last Agent to Sell the Property

Emerald Butler-Smith

(610) 809-9595 emeraldopensdoors@gmail.com Realty One Group Restore - Conshohocken Listed on: 03/08/2025

Realty One Group Restore - Conshohocken

Last Buyer's Agent

Walkenia Perez

(917) 586-4477 walkeniajperez@gmail.com Halo Realty LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,019

Year Built

  • Built in 1915

Lot Details

  • 2,464 Sq Ft Lot
  • Lot Dimensions are 22.00 x 112.00

Parking

  • On-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • Colonial Architecture
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • Property has 3 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Main Level Bedrooms
  • 5 Full Bathrooms

Accessible Home Design

  • Doors are 32 inches wide or more

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiator
  • Electric Water Heater
  • Public Septic

Community Details

  • No Home Owners Association
  • West Powelton Subdivision

Listing and Financial Details

  • Tax Lot 153
  • Assessor Parcel Number 871510610

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,019

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Accessibility Features: 32"+ Wide Doors
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1915
  • Automatically Close On Close Date: No
  • Remarks Public: PRIME INVESTMENT OPPORTUNITY IN WEST PHILLY! Investors, developers, and savvy flippers this is the deal you’ve been waiting for! Located in the rapidly appreciating West Philadelphia/West Powelton area, this massive property offers an unmatched opportunity to transform a diamond in the rough into a high-value asset. With ARVs soaring past $1M, the potential here is undeniable! Why 421 N. Preston Street? Prime Location: Just minutes from Drexel University, University of Pennsylvania, and major hospitals, making it perfect for high-end rentals or luxury student housing. Endless Possibilities: Ideal for a multi-family conversion, a high-end flip, or a ground-up redevelopment to maximize returns. Strong Comps: Surrounding luxury townhomes and new construction properties are selling for well over $1M, ensuring a lucrative exit strategy. Growing Demand: With University City’s booming development, demand for premium housing is skyrocketing, don’t miss your chance to capitalize! Bring Your Vision to Life! This is your chance to flip, develop, or hold for long-term appreciation in one of Philly’s most promising pockets. Whether you’re an experienced investor or a first-time developer looking for a high-yield project, 421 N. Preston Street is a golden opportunity you won’t want to pass up. Act Fast! Opportunities like this don’t last. Contact us today to secure this high-potential investment!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 4240
  • Living Area Sq Ft: 4240
  • Price Per Sq Ft: 107.99
  • Above Grade Finished Sq Ft: 3240
  • Below Grade Finished Sq Ft: 1000
  • Total Below Grade Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 421

Beds/Baths

  • Bedrooms: 7
  • Main Level Bedrooms: 7
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Main Level Bathrooms: 5.00
  • Main Level Full Bathrooms: 5

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
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: PHILADELPHIA CITY
  • School District Key: 803408593408
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: WC0
  • Lot Size Acres: 0.06
  • Lot Dimensions: 22.00 x 112.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2464.00
  • Year Assessed: 2025
  • Zoning: RSA5
  • Zoning Description: RSA5 Residential Single Family Attached-5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 871510610
  • Tax Lot: 153
  • Tax Total Finished Sq Ft: 3240
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 05/30/2025

MLS Schools

  • School District Name: PHILADELPHIA CITY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2025
Closed on
May 7, 2025
Sold by
National Spiritualist Association Of Chu
Bought by
West Powelton Exchange Group Llc
Seller's Agent
Emerald Butler-Smith
Realty One Group Restore - Conshohocken
Buyer's Agent
Walkenia Perez
Halo Realty LLC
List Price
$389,900
Sold Price
$255,300
Premium/Discount to List
-$134,600
-34.52%
Views
12
Current Estimated Value
$392,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,503
Avg. Annual Appreciation
321.74%
Original Mortgage
$376,475
Outstanding Balance
$346,069
Interest Rate
6.81%
Mortgage Type
Construction
Estimated Equity
$41,468

Purchase Details

Closed on
Jan 30, 2009
Sold by
Mt Zion Church Of God F B Inc
Bought by
National Spiritualist Association Of Chu
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 Type Sale Price Title Company
Special Warranty Deed $255,300 None Listed On Document
Deed $179,900 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $376,475 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Sold $255,300 -27.0% $60 / Sq Ft
03/18/2025 03/18/25 Price Changed $349,900 -10.3% $83 / Sq Ft
03/08/2025 03/08/25 For Sale $389,900 -- $92 / 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 $2,019 $507,800 $101,560 $406,240
2024 $2,019 $507,800 $101,560 $406,240
2023 $2,019 $445,800 $89,160 $356,640
2022 $2,019 $445,800 $0 $0
2021 $1,365 $327,900 $65,580 $262,320
2020 $2,019 $0 $0 $0
2019 $2,019 $0 $0 $0
2018 $1,365 $0 $0 $0
2017 $2,110 $0 $0 $0
2016 $2,110 $0 $0 $0
2015 $2,019 $0 $0 $0
2014 -- $150,700 $36,400 $114,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2454716

Bright MLS

APN: 871510610