NOT LISTED FOR SALE

Estimated Value: $355,423

0.04 Acre
$8,885,575 Price per Acre
1,652 Sq Ft Lot

Last Sold March 02, 2020

Last sale price $285,000

Est. 25% increase in value since last sale

Current estimated payment $2,312/month

177 Days on Market

About This Lot

As of March 2020

Development opportunity, build and hold or flip - 3 residential units and 1 commercial space. 24' x 74' lot. Zoned CMX-2.5, on Main St in Manayunk. Zoning variance for 97% lot coverage. First floor 1,570+ sq ft commercial with 1,600 sq ft flex basement space. Second floor, two 650+ sq ft 1BR/1BA units. Third floor, one 1,600+ sq ft 3BR/3BA unit with 1,300+ sq ft roof deck. This design has been approved by the Historical Commission and any deviation will require another submission and review. The construction drawings are effectively done and just need to be paid for and submitted. Very accessible to the river trail. The rear space and basement is in the legal flood plain so the use would be limited to pop up usage. Great buy and hold project or for a flip. See attached plans. Zoning approved. Building plans not included.All square footage numbers are approximate and should be verified by the buyer. It is the responsibility of the buyer to verify real estate taxes. Great, local service and competitive rates from our mortgage partner, Center City Mortgage.

Last Agent to Sell the Property

Michael McCann

mccann@mccannteam.com KW Empower License #AB049770L Listed on: 06/21/2019

KW Empower

Co-Listed By

Jim Onesti

jonesti@mccannteam.com KW Empower

Last Buyer's Agent

Bob Enslin III

(215) 483-5717 robertenslin1@verizon.net Kershaw Real Estate License #RS-192184-L

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $833

Lot Details

  • 1,652 Sq Ft Lot
  • Lot Dimensions are 23.58 x 74.27
  • Property is zoned CMX2.

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 135
  • Assessor Parcel Number 871274850

Property Details

Property Type

Land

Est. Annual Taxes

$833

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • New Construction: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 181.54

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.04
  • Lot Dimensions: 23.58 x 74.27
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1652.00
  • Zoning: CMX2.
  • Farmland Preservation: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 457.00
  • Tax Annual Amount: 833.00
  • Assessor Parcel Number: 871274850
  • Tax Lot: 135
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2019
Closed on
Feb 26, 2020
Sold by
4328 Main Street Llc
Bought by
Baker Street Partners Llc
Seller's Agent
Michael McCann
KW Empower
Buyer's Agent
Bob Enslin III
Kershaw Real Estate
List Price
$409,900
Sold Price
$285,000
Premium/Discount to List
-$124,900
-30.47%
Current Estimated Value
$355,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,423

Purchase Details

Closed on
Mar 29, 2016
Sold by
4326 Main Street L P
Bought by
Bazemore Property Ii Llc

Purchase Details

Closed on
Jul 8, 2005
Sold by
Barba Rocco and Bar Ba Inc
Bought by
4326 Main Street Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.67%
Mortgage Type
Commercial
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
Baker Street Partners Llc $285,000 Stone Abstract
Bazemore Property Ii Llc $100,000 None Available
4326 Main Street Lp $800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 4326 Main Street Lp $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2020 03/02/20 Sold $285,000 -5.0% --
12/15/2019 12/15/19 Pending -- -- --
12/10/2019 12/10/19 Price Changed $299,900 -9.1% --
10/04/2019 10/04/19 Price Changed $329,999 -2.9% --
09/16/2019 09/16/19 Price Changed $339,999 -10.3% --
08/23/2019 08/23/19 Price Changed $378,999 0.0% --
07/16/2019 07/16/19 Price Changed $379,000 -7.5% --
06/21/2019 06/21/19 For Sale $409,900 -- --
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 $5,370 $1,820,400 $364,080 $1,456,320
2025 $5,370 $1,820,400 $364,080 $1,456,320
2024 $5,370 $1,820,400 $364,080 $1,456,320
2023 $833 $1,918,000 $383,600 $1,534,400
2022 $833 $59,500 $59,500 $0
2021 $833 $0 $0 $0
2020 $833 $0 $0 $0
2019 $833 $0 $0 $0
2018 $6,627 $0 $0 $0
2017 $6,810 $0 $0 $0
2016 $6,810 $0 $0 $0
2015 $6,519 $0 $0 $0
2014 -- $486,500 $57,800 $428,700
2012 -- $67,456 $37,005 $30,451
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH809872

Bright MLS

APN: 871274850