Seller's Agent in 2023
Andrew Yeager
OFC Realty
(484) 574-1028
2 in this area
16 Total Sales
4214 Powelton Ave Philadelphia, PA 19104
West Powelton NeighborhoodEstimated Value: $561,000 - $1,319,297
--
Bed
3
Baths
4,200
Sq Ft
$253/Sq Ft
Est. Value
Highlights
- Newly Remodeled
- Forced Air Heating System
- 3-minute walk to Vidas Athletic Complex
- More Than Two Accessible Exits
- Property is in excellent condition
About This Home
As of September 2023**Offering Memorandum is available in 'documents' with all relevant info.
Property is fully leased with a total rent roll of $9,050/month.
NOI - $86,880
Cap Rate - 7%
Property has approved FULL 10 yr tax abatement (no step down) and is located in QOZ.
4214 Powelton Ave is a brand new 4 unit building located just north of Drexel University’s main campus and directly across the street from Drexel’s athletic facilities in the highly coveted ‘University City’ neighborhood. The property consists of 3 two bedroom/two bath units and 1 three bedroom two bath unit. Each unit has private outdoor space and the entire building is set back from the row next to it, giving the entryway a secluded, luxurious feel. 150 feet from our property at the corner of 42nd & Powelton Ave you’ll find the bus stop for the Powelton/SpringGarden Drexel line with service directly into the heart of University City at 33rd & Market.
The agent representing the property has an owner/financial interest in the property.
Last Agent to Sell the Property
OCF Realty LLC - Philadelphia License #RS358875 Listed on: 08/24/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,094
Year Built
- Built in 1915 | Newly Remodeled
Lot Details
- 1,580 Sq Ft Lot
- Lot Dimensions are 16.00 x 99.00
- Property is in excellent condition
Parking
- On-Street Parking
Home Design
- 4,200 Sq Ft Home
- Quadruplex
- Stone Foundation
- Masonry
Accessible Home Design
- More Than Two Accessible Exits
Utilities
- Ductless Heating Or Cooling System
- Forced Air Heating System
- Electric Water Heater
Community Details
- 4 Units
- Net Operating Income $86,880
Listing and Financial Details
- Assessor Parcel Number 061015800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 24, 2023
Closed on
Sep 25, 2023
Sold by
Axe Partners Llc
Bought by
Khan Mohsin
Seller's Agent
Andrew Yeager
OCF Realty LLC - Philadelphia
Buyer's Agent
Steven Eckell
Coldwell Banker Realty
List Price
$1,250,000
Sold Price
$1,200,000
Premium/Discount to List
-$50,000
-4%
Views
17
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
-$137,901
Avg. Annual Appreciation
-6.28%
Original Mortgage
$900,000
Outstanding Balance
$883,027
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$177,808
Purchase Details
Listed on
Nov 10, 2020
Closed on
Dec 7, 2020
Sold by
Green Medford D
Bought by
Axe Partners Llc
Seller's Agent
Cybill Oliver
Northwest Property Solutions
Buyer's Agent
Cybill Oliver
Northwest Property Solutions
List Price
$170,000
Sold Price
$185,000
Premium/Discount to List
$15,000
8.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
94.99%
Purchase Details
Closed on
Feb 6, 1986
Bought by
Green Medford D
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 |
|---|---|---|---|
| Khan Mohsin | $1,200,000 | Title Services | |
| Axe Partners Llc | $185,000 | City Abstract Llc | |
| Green Medford D | $17,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Khan Mohsin | $900,000 | |
| Previous Owner | Axe Partners Llc | $685,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/28/2023 09/28/23 | Sold | $1,200,000 | -4.0% | $286 / Sq Ft |
| 08/26/2023 08/26/23 | Pending | -- | -- | -- |
| 08/24/2023 08/24/23 | For Sale | $1,250,000 | +575.7% | $298 / Sq Ft |
| 12/11/2020 12/11/20 | Sold | $185,000 | +8.8% | $113 / Sq Ft |
| 11/11/2020 11/11/20 | Pending | -- | -- | -- |
| 11/10/2020 11/10/20 | For Sale | $170,000 | -- | $104 / 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 | $2,094 | $270,000 | $54,000 | $216,000 |
| 2024 | $2,094 | $270,000 | $54,000 | $216,000 |
| 2023 | $2,094 | $149,600 | $29,920 | $119,680 |
| 2022 | $2,094 | $149,600 | $29,920 | $119,680 |
| 2021 | $1,697 | $0 | $0 | $0 |
| 2020 | $1,697 | $0 | $0 | $0 |
| 2019 | $1,634 | $0 | $0 | $0 |
| 2018 | $1,354 | $0 | $0 | $0 |
| 2017 | $1,354 | $0 | $0 | $0 |
| 2016 | $1,354 | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $96,700 | $11,881 | $84,819 |
| 2012 | -- | $7,872 | $2,071 | $5,801 |
Source: Public Records
Agents Affiliated with this Home
-
Andrew Yeager
-
Jonathan Silva
Seller Co-Listing Agent in 2023
Jonathan Silva
Compass RE
(267) 242-4231
1 in this area
82 Total Sales
-
Steven Eckell
Buyer's Agent in 2023
Steven Eckell
Coldwell Banker Realty
(484) 432-0720
1 in this area
84 Total Sales
-
Cybill Oliver
Seller's Agent in 2020
Cybill Oliver
Northwest Property Solutions
(267) 252-1429
1 in this area
29 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH2269866
APN: 061015800
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.
Nearby Homes
- 4220 Powelton Ave
- 4116 Powelton Ave
- 4217 Chestnut St Unit 502
- 4217 Chestnut St Unit 206
- 4217 Chestnut St Unit 306
- 4059 Filbert St
- 37 N Preston St
- 4032 Baring St
- 46 S 44th St
- 419 N Budd St
- 437 N 41st St
- 427 N Budd St
- 4076 Spring Garden St
- 4028 Market St
- 416-18 Wiota St
- 4010 Baring St
- 408 N Wiota St
- 4008 Baring St
- 4063 Spring Garden St
- 4014 Market St
- 4214 Powelton Ave Unit 2
- 4214 Powelton Ave Unit 4
- 4214 Powelton Ave Unit 3
- 4214 Powelton Ave Unit 1
- 4212 Powelton Ave Unit 2
- 4212 Powelton Ave Unit 1
- 4212 Powelton Ave
- 4216 Powelton Ave
- 4210 Powelton Ave Unit First Floor
- 4210 Powelton Ave
- 4218 Powelton Ave
- 4208 Powelton Ave
- 4206 Powelton Ave
- 4204 Powelton Ave Unit 2
- 4204 Powelton Ave Unit 1
- 4204 Powelton Ave
- 4224 Powelton Ave
- 4221 Filbert St
- 4219 Filbert St Unit A/B