NOT LISTED FOR SALE

423 N Preston St Philadelphia, PA 19104

West Powelton Neighborhood

Estimated Value: $805,000 - $864,000

-- Bed
3 Baths
2,760 Sq Ft
$305/Sq Ft Est. Value

Last Sold January 31, 2018

Last sale price $525,000 $190 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $5,283/month

Highlights

  • Wood Flooring
  • 4-minute walk to Lancaster Avenue And 40Th Street
  • Forced Air Heating and Cooling System
  • No HOA
  • En-Suite Primary Bedroom
  • 3-minute walk to Vidas Athletic Complex

About This Home

As of January 2018

Amazing Investment property in the fast growing fantastic neighborhood of Powelton Village. Gorgeous Victorian Twin. Walk to Hospitals, Restaurants, Shops etc. 3, 2 bedroom 1 full bath units. Fully Updated and ready for it's next owner. Gorgeous hardwood floors throughout all units. Open Floor Plans! New kitchens with stainless steel appliances, granite and butcher block counter tops, beautiful cabinetry. Deep set window sills and tons of natural light. 12ft ceilings on all levels! Separate washers and dryers in each unit. Large private fenced in back yard. Fully occupied. Amazing increasing rents in this neighborhood.

Last Agent to Sell the Property

Stephanie Barbera

(484) 614-5000 realtorstephanieb@gmail.com Compass RE Listed on: 08/17/2017

Compass RE

Last Buyer's Agent

Kristen Lubbe

(215) 847-6134 klubbe@spaceandcompany.com Space & Company

Space & Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,012

Lot Details

  • 2,800 Sq Ft Lot
  • Lot Dimensions are 25x112
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,760 Sq Ft Home
  • Replacement Windows
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 180
  • Assessor Parcel Number 061183400

Community Details

Overview

  • No Home Owners Association
  • Powelton Village Subdivision

Building Details

  • Operating Expense $3,012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,012

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Inclusions: Washers(3) Dryers(3) Refrigerators(3) All In As-Is Condition
  • New Construction: No
  • Remarks Public: Amazing Investment property in the fast growing fantastic neighborhood of Powelton Village. Gorgeous Victorian Twin. Walk to Hospitals, Restaurants, Shops etc. 3, 2 bedroom 1 full bath units. Fully Updated and ready for it's next owner. Gorgeous hardwood floors throughout all units. Open Floor Plans! New kitchens with stainless steel appliances, granite and butcher block counter tops, beautiful cabinetry. Deep set window sills and tons of natural light. 12ft ceilings on all levels! Separate washers and dryers in each unit. Large private fenced in back yard. Fully occupied. Amazing increasing rents in this neighborhood.
  • Special Features: None

Interior Features

  • Flooring Type: Wood
  • Window Features: Replacement
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Washer In Unit
  • Total Sq Ft: 2760
  • Living Area Sq Ft: 2760
  • Price Per Sq Ft: 191.99
  • Above Grade Finished Sq Ft: 2760
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 423

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: 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
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Improvement Assessed Value: 184534.00
  • Land Assessed Value: 30666.00
  • Land Use Code: U50
  • Lot Size Acres: 0.06
  • Lot Dimensions: 25X112
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2800.00
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: RSA5

Green Features

  • Green Remarks: Low E Replacement Windows

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 46680.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 911521
  • Tax Annual Amount: 3012.00
  • Assessor Parcel Number: 061183400
  • Tax Lot: 180
  • Tax Year: 2017
  • Close Date: 01/31/2018

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2017
Closed on
Jan 22, 2018
Sold by
Brockmon Timothy B and Brockmon Kristen M
Bought by
Amarose Llc
Seller's Agent
Stephanie Barbera
Compass RE
Buyer's Agent
Kristen Lubbe
Space & Company
List Price
$529,900
Sold Price
$525,000
Premium/Discount to List
-$4,900
-0.92%
Current Estimated Value
$841,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,546
Avg. Annual Appreciation
5.38%
Original Mortgage
$350,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 4, 2013
Closed on
Nov 18, 2013
Sold by
423 N Preston Stree Assn Lp
Bought by
Brockmon Timothy B and Brockmon Kristen M
Seller's Agent
Christos Tzimoulis
New Age Realty Group Inc
Buyer's Agent
Stephanie Barbera
Compass RE
List Price
$359,900
Sold Price
$360,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.40%
Original Mortgage
$353,479
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 30, 2003
Sold by
Williams John and Williams Beatrice
Bought by
423 N Preston Street Associates Lp
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
Amarose Llc $525,000 None Available
Brockmon Timothy B $360,000 None Available
423 N Preston Street Associates Lp $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amarose Llc $322,500
Closed Amarose Llc $350,000
Previous Owner Brockmon Timothy B $351,327
Previous Owner Brockmon Timothy B $353,479
Previous Owner Brockmon Timothy B $353,479
Previous Owner 423 N Preston Street Associates Lp $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2018 01/31/18 Sold $525,000 -0.9% $190 / Sq Ft
11/29/2017 11/29/17 Pending -- -- --
08/17/2017 08/17/17 For Sale $529,900 +47.2% $192 / Sq Ft
11/19/2013 11/19/13 Sold $360,000 0.0% $130 / Sq Ft
10/18/2013 10/18/13 Pending -- -- --
10/04/2013 10/04/13 For Sale $359,900 -- $130 / 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 $9,589 $938,600 $187,720 $750,880
2024 $9,589 $938,600 $187,720 $750,880
2023 $9,589 $685,000 $137,000 $548,000
2022 $6,021 $685,000 $137,000 $548,000
2021 $6,021 $0 $0 $0
2020 $6,021 $0 $0 $0
2019 $5,795 $0 $0 $0
2018 $3,012 $0 $0 $0
2017 $3,012 $0 $0 $0
2016 $2,870 $0 $0 $0
2015 $2,884 $0 $0 $0
2014 -- $215,200 $21,055 $194,145
2012 -- $12,800 $3,233 $9,567
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Barbera

    Seller's Agent in 2018

    Stephanie Barbera

    Compass RE

    (484) 614-5000

    29 Total Sales

    Stephanie Barbera
    Section Image
  • Kristen Lubbe

    Buyer's Agent in 2018

    Kristen Lubbe

    Space & Company

    (215) 847-6134

    2 Total Sales

    Kristen Lubbe
    Section Image
  • Christos Tzimoulis

    Seller's Agent in 2013

    Christos Tzimoulis

    New Age Realty Group Inc

    (484) 437-3126

    1 in this area

    49 Total Sales

    Christos Tzimoulis
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000313563

Bright MLS

APN: 061183400

Pennsylvania Philadelphia County Philadelphia 19104 West Powelton

423 N Preston St, Philadelphia, PA

This home is located at 423 N Preston St, Philadelphia, PA 19104 since 17 August 2017 and is currently estimated at $841,546, approximately $304 per square foot. 423 N Preston St is a home located in Philadelphia County with nearby schools including Alain Locke School, West Philadelphia High School, and Richard Allen Preparatory Charter School.

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