NOT LISTED FOR SALE

4347 Baltimore Ave Philadelphia, PA 19104

Spruce Hill Neighborhood

Estimated Value: $794,000 - $1,089,576

-- Bed
4 Baths
2,475 Sq Ft
$372/Sq Ft Est. Value

Last Sold June 05, 2015

Last sale price $509,000 $206 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $5,260/month

Highlights

  • No HOA
  • 1-minute walk to Baltimore Avenue And 44Th Street
  • Laundry Facilities
  • Penn Alexander School Rated A-
  • En-Suite Primary Bedroom
  • 1-minute walk to Clark Park

About This Home

As of June 2015

Wonderful triplex in awesome location available now! This three unit building is located on a superwide corner lot across the street from Clark Park and features three nicely updated apartments. Apartment #1 is a 3 bedroom, 2 bathroom bi-level unit. Apartment #2F is a studio. Apartment #3 is a 2 bedroom 1 bathroom unit. Monthly rent roll as of September 2014 is $4,075 (annual is $48,900)!!! The landlord supplies heat (gas) and hot water (gas) and cooking gas for Units 1 and 3. The tenants pay for electric. There is a full basement accessed from the rear of the building (or from apartment #1) which has a laundry area set up for the tenant use. This building is located within the PENN Alexander Catchment Area & close to UPENN & the University of the Sciences & well situated on bustling Baltimore Avenue.

Last Agent to Sell the Property

Christos Tzimoulis

(484) 437-3126 chris@newagerealtygroup.com New Age Realty Group Inc License #RM423707 Listed on: 07/01/2014

Last Buyer's Agent

Jeffrey Carpineta

(215) 833-6720 jeffcarpineta@gmail.com Solo Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,549

Lot Details

  • 2,250 Sq Ft Lot
  • Lot Dimensions are 44x91
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,475 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Radiator
  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 102
  • Assessor Parcel Number 272083600

Community Details

Building Details

  • Electric Expense $357
  • Operating Expense $9,576

Additional Features

  • No Home Owners Association
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,549

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Row/Townhouse
  • Ownership: Fee Simple
  • Exclusions: Tenant's Personal Property.
  • Inclusions: Washer, Dryer, 3 Refrigerators
  • New Construction: No
  • Storage: Basement
  • Special Features: None

Interior Features

  • Fireplace: No
  • Entry Location: Foyer
  • Room List: Master Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Common
  • Total Sq Ft: 2475
  • Living Area Sq Ft: 2475
  • Price Per Sq Ft: 213.74
  • Above Grade Finished Sq Ft: 2475
  • 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

  • Annual Heating Expense: 3845.00
  • Central Air Conditioning: No
  • Electric Expense: 357.00
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 825.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 262822.00
  • Land Assessed Value: 76678.00
  • Lot Size Acres: 0.05
  • Lot Dimensions: 44X91
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2250.00
  • Property Condition: Good
  • Zoning: RTA1

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 48900.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 1047099
  • Tax Annual Amount: 4549.00
  • Assessor Parcel Number: 272083600
  • Tax Lot: 102
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2014
Closed on
May 21, 2015
Sold by
Wang Xiaoning and Lian Gang
Bought by
Hoffman William and Chen Mary
Seller's Agent
Christos Tzimoulis
New Age Realty Group Inc
Buyer's Agent
Jeffrey Carpineta
Solo Real Estate, Inc.
List Price
$495,000
Sold Price
$509,000
Premium/Discount to List
$14,000
2.83%
Current Estimated Value
$920,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$411,192
Avg. Annual Appreciation
5.85%
Original Mortgage
$481,124
Outstanding Balance
$372,121
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$548,071

Purchase Details

Closed on
Dec 14, 2011
Sold by
Israeli American Funds Lp
Bought by
Wang Xiaoning and Lian Gang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,250
Interest Rate
3.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 25, 2008
Sold by
Sweeney Eric and Binnfeld Kfir
Bought by
Israeliamerican Funds Lp

Purchase Details

Closed on
Jun 24, 2008
Sold by
Hsbc Bank Usa Na
Bought by
Sweeney Eric and Binnfeld Kfir

Purchase Details

Closed on
Oct 1, 2007
Sold by
Hartman Michelle and Hartman Ryan
Bought by
Hsbc Bank Usa Na and Home Equity Loan Trust Series Ace He1

Purchase Details

Closed on
Oct 19, 2005
Sold by
Dages Robert and Dages Jennifer
Bought by
Hartman Michelle and Hartman Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 15, 1999
Sold by
Valdez M Antonio
Bought by
Dages Robert and Dages Jennifer
Source: Public Records

Range of Values:

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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
Hoffman William $509,000 None Available
Wang Xiaoning $463,000 None Available
Israeliamerican Funds Lp $82,452 None Available
Sweeney Eric $265,000 None Available
Hsbc Bank Usa Na $200,000 None Available
Hartman Michelle $425,000 None Available
Dages Robert $104,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffman William $481,124
Previous Owner Wang Xiaoning $347,250
Previous Owner Hartman Michelle $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2015 06/05/15 Sold $509,000 +2.8% $206 / Sq Ft
02/11/2015 02/11/15 Pending -- -- --
07/01/2014 07/01/14 For Sale $495,000 -- $200 / 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 $5,322 $773,000 $154,600 $618,400
2025 $5,322 $773,000 $154,600 $618,400
2024 $5,322 $773,000 $154,600 $618,400
2023 $5,322 $380,200 $76,040 $304,160
2022 $5,309 $335,200 $76,040 $259,160
2021 $5,939 $0 $0 $0
2020 $5,939 $0 $0 $0
2019 $5,717 $0 $0 $0
2018 $4,752 $0 $0 $0
2017 $4,752 $0 $0 $0
2016 $4,752 $0 $0 $0
2015 $4,549 $0 $0 $0
2014 -- $339,500 $76,678 $262,822
2012 -- $23,424 $6,761 $16,663
Source: Public Records

Agents Affiliated with this Home

  • Christos Tzimoulis

    Seller's Agent in 2015

    Christos Tzimoulis

    New Age Realty Group Inc

    (484) 437-3126

    5 in this area

    48 Total Sales

    Christos Tzimoulis
    Section Image
  • Jeffrey Carpineta

    Buyer's Agent in 2015

    Jeffrey Carpineta

    Solo Real Estate, Inc.

    (215) 833-6720

    90 Total Sales

    Jeffrey Carpineta
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002991802

Bright MLS

APN: 272083600

Pennsylvania Philadelphia County Philadelphia 19104 Spruce Hill

4347 Baltimore Ave, Philadelphia, PA

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