NOT LISTED FOR SALE

Estimated Value: $250,000 - $293,672

-- Bed
3 Baths
-- Sq Ft
2,300 Sq Ft Lot

Last Sold December 09, 2019

Last sale price $198,000

Est. 41% increase in value since last sale

Current estimated payment $1,730/month

350 Days on Market

Highlights

  • No HOA
  • 5-minute walk to Queen Lane
  • Radiator
  • Oak Street Elementary School Rated A

About This Home

As of December 2019

GREAT INVESTMENT OPPORTUNITY!!!SOLD-AS-IS. Price Adjustment! ALL OFFERS SUBMITTED MUST HAVE FINANCING IN PLACE AND DEPOSIT. PREFER A CASH DEAL.Great income producing property in southwest Germantown. Rents are projected at 800 - 900 per month for the two bedroom apartments. All utilities are separate and paid for my tenant. . Prospective buyer must show proof of finance prior to showing

Last Agent to Sell the Property

Arlene Wayns-Thomas

(267) 495-6452 reliancerealty@verizon.net Reliance Realty Listed on: 11/01/2018

Last Buyer's Agent

Arlene Wayns-Thomas

(267) 495-6452 reliancerealty@verizon.net Reliance Realty Listed on: 11/01/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,064

Year Built

  • Built in 1920

Lot Details

  • 2,300 Sq Ft Lot
  • Lot Dimensions are 23x100

Home Design

  • Triplex
  • Brick Exterior Construction

Basement

  • Basement Fills Entire Space Under The House

Parking

  • Public Parking
  • On-Street Parking

Utilities

  • Radiator
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for insurance, management, supplies, real estate taxes, trash collection, water
  • Tax Lot 147
  • Assessor Parcel Number 123110700

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Germantown Subdivision

Building Details

  • Operating Expense $1,064

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,064

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Above Grade Finished Area Units: Square Feet

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: Public
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • 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

Lot Info

  • Improvement Assessed Value: 63460.00
  • Land Assessed Value: 12540.00
  • Lot Size Acres: 0.05
  • Lot Dimensions: 23X100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2300.00
  • Zoning: RSA3

Rental Info

  • Existing Lease Type: Month To Month
  • Owner Pays: Insurance, Management, Supplies, Taxes - Real Estate, Trash Collection, Water
  • Rent Control: No
  • Total Actual Rent: 23400.00
  • Vacation Rental: No

Multi Family

  • Gross Income: 28800.00
  • Other Units: Unit 1,Unit 2,Unit 3
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Assessor Parcel Number: 950873
  • Tax Annual Amount: 1064.00
  • Assessor Parcel Number: 123110700
  • Tax Lot: 147
  • Tax Data Updated: No
  • Tax Year: 2018

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2018
Closed on
Dec 16, 2019
Sold by
Bringhurst Street Realty Corporation Inc
Bought by
Coleman Amy and Coleman Gene
Seller's Agent
Arlene Wayns-Thomas
Reliance Realty
Buyer's Agent
Arlene Wayns-Thomas
Reliance Realty
List Price
$200,000
Sold Price
$198,000
Premium/Discount to List
-$2,000
-1%
Current Estimated Value
$278,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,557
Avg. Annual Appreciation
5.90%
Original Mortgage
$148,500
Outstanding Balance
$130,642
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$147,915

Purchase Details

Closed on
Dec 31, 1994
Sold by
Trent Earl W
Bought by
Bringhurst Street Realty Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Coleman Amy $198,000 Title Services
Bringhurst Street Realty Corp $58,240 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coleman Amy $148,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2019 12/09/19 Sold $198,000 -1.0% --
11/25/2019 11/25/19 For Sale $200,000 0.0% --
10/17/2019 10/17/19 Pending -- -- --
08/06/2019 08/06/19 For Sale $200,000 0.0% --
07/21/2019 07/21/19 Pending -- -- --
06/24/2019 06/24/19 Price Changed $200,000 -6.5% --
03/21/2019 03/21/19 Price Changed $214,000 -4.5% --
11/01/2018 11/01/18 For Sale $224,000 -- --
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 $3,143 $312,700 $62,540 $250,160
2025 $3,143 $312,700 $62,540 $250,160
2024 $3,143 $312,700 $62,540 $250,160
2023 $3,143 $224,500 $44,900 $179,600
2022 $1,953 $224,500 $44,900 $179,600
2021 $1,953 $0 $0 $0
2020 $1,953 $0 $0 $0
2019 $1,191 $0 $0 $0
2018 $1,064 $0 $0 $0
2017 $1,064 $0 $0 $0
2016 $1,064 $0 $0 $0
2015 $1,018 $0 $0 $0
2014 -- $76,000 $17,158 $58,842
2012 -- $13,632 $2,440 $11,192
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH102996

Bright MLS

APN: 123110700