NOT LISTED FOR SALE

427 N Preston St Philadelphia, PA 19104

West Powelton Neighborhood

Estimated Value: $459,000 - $461,000

-- Bed
2 Baths
2,637 Sq Ft
$174/Sq Ft Est. Value

Last Sold November 04, 2021

Last sale price $320,000 $121 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,912/month

Highlights

  • Straight Thru Architecture
  • 4-minute walk to Lancaster Avenue And 40Th Street
  • 3-minute walk to Vidas Athletic Complex
  • No HOA
  • Forced Air Heating System

About This Home

As of November 2021

Excellent opportunity for a porch front multi-family property in Powelton Village. Extremely large building with tons of potential. Currently set up as a duplex with separate utilities. First floor contains a very spacious 1 bedroom apartment with access to the basement. 2nd and 3rd floor contains a bi-level 5 bedroom apartment. Property is currently completely leased by one group.

Last Agent to Sell the Property

Christopher Somers

KW Empower License #RS278328 Listed on: 07/26/2021

KW Empower

Co-Listed By

Sean Dundon

KW Empower License #RS293471

Last Buyer's Agent

Patrick Campbell

Compass RE License #RS286983

Compass RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,834

Year Built

  • Built in 1915

Lot Details

  • 1,732 Sq Ft Lot
  • Lot Dimensions are 17.00 x 101.86

Parking

  • On-Street Parking

Home Design

  • 2,637 Sq Ft Home
  • Duplex
  • Straight Thru Architecture
  • Masonry

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot 121
  • Assessor Parcel Number 061183600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,834

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2021-07-28
  • Year Built: 1915
  • Automatically Close On Close Date: No
  • Remarks Public: Excellent opportunity for a porch front multi-family property in Powelton Village. Extremely large building with tons of potential. Currently set up as a duplex with separate utilities. First floor contains a very spacious 1 bedroom apartment with access to the basement. 2nd and 3rd floor contains a bi-level 5 bedroom apartment. Property is currently completely leased by one group.
  • Special Features: None

Interior Features

  • Total Sq Ft: 2637
  • Living Area Sq Ft: 2637
  • Price Per Sq Ft: 151.31
  • Above Grade Finished Sq Ft: 2637
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 427

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
  • 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

  • HOA: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 232872.00
  • Land Assessed Value: 41028.00
  • Land Use Code: U50
  • Lot Size Acres: 0.04
  • Lot Dimensions: 17.00 x 101.86
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1732.00
  • Year Assessed: 2021
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 911523
  • School Tax: 2104.00
  • Tax Annual Amount: 3834.00
  • Assessor Parcel Number: 061183600
  • Tax Lot: 121
  • Tax Total Finished Sq Ft: 2637
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 11/04/2021

Multi Family

  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2021
Closed on
Nov 4, 2021
Sold by
Mantis Development Corporation
Bought by
Elgin Street 47 Piil Llc
Seller's Agent
Christopher Somers
KW Empower
Buyer's Agent
Patrick Campbell
Compass RE
List Price
$399,000
Sold Price
$320,000
Premium/Discount to List
-$79,000
-19.8%
Current Estimated Value
$460,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,000
Avg. Annual Appreciation
9.68%

Purchase Details

Closed on
Jul 8, 2003
Sold by
Key Dora
Bought by
Mantis Development Corp
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
Elgin Street 47 Piil Llc $320,000 None Listed On Document
Mantis Development Corp $27,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mantis Development Corp $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2021 11/04/21 Sold $320,000 -19.8% $121 / Sq Ft
07/26/2021 07/26/21 For Sale $399,000 -- $151 / 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 $5,526 $549,800 $109,960 $439,840
2024 $5,526 $549,800 $109,960 $439,840
2023 $5,526 $394,800 $78,960 $315,840
2022 $3,834 $394,800 $78,960 $315,840
2021 $3,834 $0 $0 $0
2020 $3,834 $0 $0 $0
2019 $3,691 $0 $0 $0
2018 $2,951 $0 $0 $0
2017 $2,951 $0 $0 $0
2016 $2,580 $0 $0 $0
2015 $2,825 $0 $0 $0
2014 -- $210,800 $13,021 $197,779
2012 -- $8,832 $1,985 $6,847
Source: Public Records

Agents Affiliated with this Home

  • Christopher Somers

    Seller's Agent in 2021

    Christopher Somers

    KW Empower

    (267) 987-4443

    1 in this area

    613 Total Sales

    Christopher Somers
    Section Image
  • Sean Dundon

    Seller Co-Listing Agent in 2021

    Sean Dundon

    KW Empower

    (215) 888-1994

    1 in this area

    134 Total Sales

    Sean Dundon
    Section Image
  • Patrick Campbell

    Buyer's Agent in 2021

    Patrick Campbell

    Compass RE

    (215) 828-6558

    1 in this area

    302 Total Sales

    Patrick Campbell
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAPH2011342

Bright MLS

APN: 061183600

Pennsylvania Philadelphia County Philadelphia 19104 West Powelton

427 N Preston St, Philadelphia, PA

This home is located at 427 N Preston St, Philadelphia, PA 19104 since 26 July 2021 and is currently estimated at $460,000, approximately $174 per square foot. This property was built in 1915. 427 N Preston St is a home located in Philadelphia County with nearby schools including Alain Locke School, West Philadelphia High School, and Belmont Charter Elementary School.

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