NOT LISTED FOR SALE

Estimated Value: $372,583

-- Bed
-- Bath
2,835 Sq Ft
$131/Sq Ft Est. Value

Last Sold March 18, 2024

Last sale price $325,000 $115 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,090/month

111 Days on Market

Highlights

  • More Than Two Accessible Exits
  • 1-minute walk to Church
  • Hot Water Baseboard Heater
  • Electric Baseboard Heater

About This Home

As of March 2024

BIG PRIZE DROP FOR QUICK SALE!!! Great investment, this is a corner property, 1st floor consists in a store front, it also has space and separate entrance that can be utilize for a small business and a separate studio, 2nd and 3rd floor has a 2-bedroom apartment each, and full-size basement with separate entrance, all utilities are separated it. This property can be purchased as a package with 4263, 4265-67 Frankford Ave. all the properties are sold in as is conditions. The prize reflects the condition of the properties, there is a need to remodel and update the properties. The properties are located in a very convenient location only about 5 minutes from I-95, 15 minutes from Center City, close to shopping and 1 minute from train station. A brand-new apartment building was just done right behind these properties and is only a matter of time before this area gets more attention due to its good location. This is a great opportunity to own a piece of Philadelphia Real Estate, perfect opportunity to grow your portfolio, motivated Sellers bring your offers.

Last Agent to Sell the Property

Doris Cheveres

(267) 970-2214 dorischrealtor@gmail.com Realty Mark Associates License #RS326873 Listed on: 08/20/2023

Realty Mark Associates

Last Buyer's Agent

Thomas McDevitt

(267) 357-2000 thomasmcdevittrealtor@gmail.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,571

Year Built

  • Built in 1935

Lot Details

  • 1,204 Sq Ft Lot
  • Lot Dimensions are 15.00 x 81.00

Parking

  • On-Street Parking

Home Design

  • 2,835 Sq Ft Home
  • Masonry

Basement

  • Basement Fills Entire Space Under The House
  • Side Exterior Basement Entry

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Electric Baseboard Heater
  • Natural Gas Water Heater
  • Public Septic

Community Details

  • 4 Units
  • 2 Vacant Units

Listing and Financial Details

  • Tax Lot 227
  • Assessor Parcel Number 871110600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,571

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Over Storefront
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: Tenant's properties
  • New Construction: No
  • Year Built: 1935
  • Automatically Close On Close Date: Yes
  • Remarks Public: BIG PRIZE DROP FOR QUICK SALE!!! Great investment, this is a corner property, 1st floor consists in a store front, it also has space and separate entrance that can be utilize for a small business and a separate studio, 2nd and 3rd floor has a 2-bedroom apartment each, and full-size basement with separate entrance, all utilities are separated it. This property can be purchased as a package with 4263, 4265-67 Frankford Ave. all the properties are sold in as is conditions. The prize reflects the condition of the properties, there is a need to remodel and update the properties. The properties are located in a very convenient location only about 5 minutes from I-95, 15 minutes from Center City, close to shopping and 1 minute from train station. A brand-new apartment building was just done right behind these properties and is only a matter of time before this area gets more attention due to its good location. This is a great opportunity to own a piece of Philadelphia Real Estate, perfect opportunity to grow your portfolio, motivated Sellers bring your offers.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes
  • Basement Type: Side Entrance, Outside Entrance, Full
  • Total Sq Ft: 2835
  • Living Area Sq Ft: 2835
  • Price Per Sq Ft: 98.77
  • Above Grade Finished Sq Ft: 2835
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4261

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 Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Electric, Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: Y50
  • Lot Size Acres: 0.03
  • Lot Dimensions: 15.00 x 81.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1204.00
  • Year Assessed: 2023
  • Zoning: ICMX

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 1
  • Vacation Rental: No

Tax Info

  • School Tax: 862.00
  • Tax Annual Amount: 1571.00
  • Assessor Parcel Number: 871110600
  • Tax Lot: 227
  • Tax Total Finished Sq Ft: 2835
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 03/18/2024

Multi Family

  • Number Of Units Vacant: 2
  • Other Units: Unit 1

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2023
Closed on
Mar 18, 2024
Sold by
Gasparinatos Dionisios and Gasparinatos Argyro
Bought by
Obayah Bushra Shaiboob
Seller's Agent
Doris Cheveres
Realty Mark Associates
Buyer's Agent
Thomas McDevitt
Long & Foster Real Estate, Inc.
List Price
$300,000
Sold Price
$325,000
Premium/Discount to List
$25,000
8.33%
Views
71
Current Estimated Value
$372,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,583
Avg. Annual Appreciation
8.86%

Purchase Details

Closed on
Nov 27, 1990
Bought by
Gasparinatos Dionisio- and Gasparinatos Argyro
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
Obayah Bushra Shaiboob $325,000 None Listed On Document
Gasparinatos Dionisio- $45,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2024 03/18/24 Sold $325,000 +16.1% $115 / Sq Ft
12/18/2023 12/18/23 Price Changed $280,000 -6.7% $99 / Sq Ft
12/18/2023 12/18/23 Price Changed $300,000 0.0% $106 / Sq Ft
12/18/2023 12/18/23 For Sale $300,000 -4.8% $106 / Sq Ft
12/09/2023 12/09/23 Pending -- -- --
11/25/2023 11/25/23 Price Changed $315,000 -1.6% $111 / Sq Ft
10/11/2023 10/11/23 Price Changed $320,000 -1.5% $113 / Sq Ft
08/24/2023 08/24/23 Price Changed $325,000 -63.9% $115 / Sq Ft
08/20/2023 08/20/23 For Sale $900,000 -- $317 / 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
2026 $1,572 $115,900 $23,180 $92,720
2025 $1,572 $115,900 $23,180 $92,720
2024 $1,572 $115,900 $23,180 $92,720
2023 $1,572 $112,300 $22,400 $89,900
2022 $1,806 $112,300 $22,400 $89,900
2021 $1,806 $0 $0 $0
2020 $1,806 $0 $0 $0
2019 $1,789 $0 $0 $0
2018 $1,737 $0 $0 $0
2017 $1,985 $0 $0 $0
2016 $1,985 $0 $0 $0
2015 $13,855 $0 $0 $0
2014 -- $141,800 $12,000 $129,800
2012 -- $11,200 $3,817 $7,383
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2269558

Bright MLS

APN: 871110600