NOT LISTED FOR SALE

429 N Simpson St Philadelphia, PA 19151

Overbrook Neighborhood

Estimated Value: $244,000 - $296,000

-- Bed
2 Baths
1,909 Sq Ft
$138/Sq Ft Est. Value

Last Sold June 10, 2021

Last sale price $210,000 $110 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,557/month

Highlights

  • No HOA
  • 4-minute walk to Girard And 63Rd
  • 3-minute walk to Granahan Playground & Skatepark
  • Electric Baseboard Heater

About This Home

As of June 2021

3-unit money maker!! Currently rented for $2100/month - could be increased. Tenants month to month at this time. Heating is paid separately by the tenants. Landlord pays water. Good sized units. Rear unit has a very nice deck with outdoor space. 2 units have W/D. Nice front porch for the front unit tenant. Get your offers in, and start making a nice monthly return on your investment!

Last Agent to Sell the Property

Thomas Forstik

(484) 380-5386 tomforstik@gmail.com Long & Foster Real Estate, Inc. Listed on: 03/25/2021

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Thomas Forstik

(484) 380-5386 tomforstik@gmail.com Long & Foster Real Estate, Inc. Listed on: 03/25/2021

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,669

Year Built

  • Built in 1925

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 25.00 x 100.00

Home Design

  • 1,909 Sq Ft Home
  • Triplex
  • Masonry

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 343098000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,669

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2021-04-09
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Total Sq Ft: 1909
  • Living Area Sq Ft: 1909
  • Price Per Sq Ft: 117.86
  • Above Grade Finished Sq Ft: 1909
  • Above Grade Finished Area Units: Square Feet

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
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 101320.00
  • Land Assessed Value: 17880.00
  • Lot Size Acres: 0.06
  • Lot Dimensions: 25.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2500.00
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1094648
  • School Tax: 916.00
  • Tax Annual Amount: 1669.00
  • Assessor Parcel Number: 343098000
  • Tax Lot: 23
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2021
Closed on
Jun 10, 2021
Sold by
Sanderson Shawn and Sanderson Chiana
Bought by
West Philly 1 Llc
Seller's Agent
Thomas Forstik
Long & Foster Real Estate, Inc.
Buyer's Agent
Thomas Forstik
Long & Foster Real Estate, Inc.
List Price
$250,000
Sold Price
$210,000
Premium/Discount to List
-$40,000
-16%
Current Estimated Value
$262,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,537
Avg. Annual Appreciation
5.22%

Purchase Details

Closed on
May 4, 2018
Sold by
Sanderson Chiana
Bought by
Sanderson Chiana and Sanderson Shawn

Purchase Details

Closed on
Jul 28, 2005
Sold by
Sanderson Shawn and Sanderson Chiana
Bought by
Sanderson Shawn and Sanderson Chiana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,800
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2003
Sold by
Lynam Francis J
Bought by
Sanderson Chiana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
West Philly 1 Llc $210,000 Fetch Settlement Svcs Llc
Sanderson Chiana -- None Available
Sanderson Shawn -- --
Sanderson Chiana $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanderson Shawn $100,800
Previous Owner Sanderson Chiana $81,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2021 06/10/21 Sold $210,000 -6.7% $110 / Sq Ft
04/22/2021 04/22/21 Price Changed $225,000 -10.0% $118 / Sq Ft
03/25/2021 03/25/21 For Sale $250,000 -- $131 / 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 $2,199 $179,100 $35,820 $143,280
2024 $2,199 $179,100 $35,820 $143,280
2023 $2,199 $157,100 $31,420 $125,680
2022 $1,669 $157,100 $31,420 $125,680
2021 $1,669 $0 $0 $0
2020 $1,669 $119,200 $17,880 $101,320
2019 $1,607 $0 $0 $0
2018 $1,865 $0 $0 $0
2017 $1,865 $0 $0 $0
2016 $1,865 $0 $0 $0
2015 $1,785 $0 $0 $0
2014 -- $133,200 $16,750 $116,450
2012 -- $13,024 $2,758 $10,266
Source: Public Records

Agents Affiliated with this Home

  • Thomas Forstik

    Seller's Agent in 2021

    Thomas Forstik

    Long & Foster

    (484) 380-5386

    1 in this area

    67 Total Sales

    Thomas Forstik
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Map

Source: Bright MLS

MLS Number: PAPH999338

Bright MLS

APN: 343098000

Pennsylvania Philadelphia County Philadelphia 19151 Overbrook

429 N Simpson St, Philadelphia, PA

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