NOT LISTED FOR SALE

Estimated Value: $297,000 - $356,631

-- Bed
2 Baths
2,646 Sq Ft
$122/Sq Ft Est. Value

Last Sold August 23, 2016

Last sale price $175,000 $66 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,973/month

341 Days on Market

Highlights

  • No HOA
  • Laundry Facilities
  • Heating System Uses Gas
  • Oak Street Elementary School Rated A

About This Home

As of August 2016

West Germantown-- Philly's next hotspot! Great Triplex located right off of Wissahickon Ave. and walking distance to Queen Lane Station. This investment opportunity boasts two 2 bedroom units plus a 1 bedroom unit, all with separate utilities. Both 2 bedroom units have been recently renovated. Turn the key and collect the cash flow with this well priced offering.

Last Agent to Sell the Property

Robert lamb

(215) 370-6798 rob.lamb@compass.com Compass RE Listed on: 07/17/2015

Compass RE

Co-Listed By

Celeste Lamb

(215) 370-6796 celeste.lamb@compass.com Compass RE

Compass RE

Last Buyer's Agent

Celeste Lamb

(215) 370-6796 celeste.lamb@compass.com Compass RE

Compass RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,118

Year Built

  • Built in 1935

Lot Details

  • 2,507 Sq Ft Lot
  • Lot Dimensions are 23x109

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • 2,646 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 103
  • Assessor Parcel Number 123107100

Community Details

Overview

  • No Home Owners Association
  • Germantown Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Electric Expense $300
  • Insurance Expense $1,500
  • Maintenance Expense $2,000
  • Operating Expense $7,105

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,118

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1935
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Common
  • Total Sq Ft: 2646
  • Living Area Sq Ft: 2646
  • Price Per Sq Ft: 66.14
  • Above Grade Finished Sq Ft: 2646
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • 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: No
  • Electric Expense: 300.00
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1200.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 23X109
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2507.00
  • Zoning: R5

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 27000.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Tax Annual Amount: 2118.00
  • Assessor Parcel Number: 123107100
  • Tax Lot: 103
  • Tax Year: 2016

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2015
Closed on
Aug 23, 2016
Sold by
Zimmermann Edward
Bought by
Ford Aisha
Seller's Agent
Robert lamb
Compass RE
Buyer's Agent
Celeste Lamb
Compass RE
List Price
$185,000
Sold Price
$175,000
Premium/Discount to List
-$10,000
-5.41%
Current Estimated Value
$322,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,544
Avg. Annual Appreciation
6.83%
Original Mortgage
$171,830
Outstanding Balance
$140,056
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$182,488

Purchase Details

Closed on
Oct 14, 2005
Sold by
Scott Nicki
Bought by
Zimmermann Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 22, 2003
Sold by
Mayes Michael
Bought by
Scott Nicki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,750
Interest Rate
7.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 30, 2002
Sold by
Johnson Shawn and First Union National Bank
Bought by
Mayes Michael

Purchase Details

Closed on
Jun 9, 1997
Sold by
Cotton Mamie
Bought by
Johnson Shawn
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ford Aisha $175,000 None Available
Zimmermann Edward $165,000 None Available
Scott Nicki $115,000 --
Mayes Michael $19,200 --
Johnson Shawn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ford Aisha $171,830
Previous Owner Zimmermann Edward $132,000
Previous Owner Scott Nicki $97,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2016 08/23/16 Sold $175,000 -5.4% $66 / Sq Ft
06/22/2016 06/22/16 Pending -- -- --
07/17/2015 07/17/15 For Sale $185,000 -- $70 / 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 $3,271 $321,200 $64,240 $256,960
2025 $3,271 $321,200 $64,240 $256,960
2024 $3,271 $321,200 $64,240 $256,960
2023 $3,271 $233,700 $46,740 $186,960
2022 $2,019 $233,700 $46,740 $186,960
2021 $2,019 $0 $0 $0
2020 $2,019 $0 $0 $0
2019 $1,992 $0 $0 $0
2018 $2,118 $0 $0 $0
2017 $2,118 $0 $0 $0
2016 $2,118 $0 $0 $0
2015 $2,105 $0 $0 $0
2014 -- $157,100 $18,703 $138,397
2012 -- $19,968 $3,920 $16,048
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002659234

Bright MLS

APN: 123107100