NOT LISTED FOR SALE

Estimated Value: $297,000 - $347,340

-- Bed
3 Baths
2,412 Sq Ft
$136/Sq Ft Est. Value

Last Sold September 01, 2021

Last sale price $275,000 $114 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,972/month

20 Days on Market

Highlights

  • Straight Thru Architecture
  • 4-minute walk to Queen Lane
  • Hot Water Baseboard Heater
  • Oak Street Elementary School Rated A
  • No HOA

About This Home

As of September 2021

Welcome to this well-maintained, cash-flowing 3 Apartment Building in the Germantown neighborhood close to East Falls. This property features a 2br unit on the first fl.; 2br on the second fl. ; 2br room unit on the Third fl. The seller is grossing almost 40k/year in rent. All units rented on a month-to-month lease. Seller leases by the room.

Package Deal! Property is to be sold along with 442 W Bringhurst Street (Also Triplex - Fully Rented).

Last Agent to Sell the Property

Josh Johns

joshua.johns@exprealty.com EXP Realty, LLC Listed on: 07/06/2021

Last Buyer's Agent

Shardaye Hagans

(267) 275-1352 shardayehomes@gmail.com RE/MAX Affiliates

RE/MAX Affiliates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,887

Year Built

  • Built in 1920

Lot Details

  • 2,300 Sq Ft Lot
  • Lot Dimensions are 23.00 x 100.00

Parking

  • On-Street Parking

Home Design

  • 2,412 Sq Ft Home
  • Triplex
  • Straight Thru Architecture
  • Masonry

Utilities

  • Cooling System Utilizes Natural Gas
  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 3 Units
  • 3-Story Building
  • Germantown Subdivision

Listing and Financial Details

  • Tax Lot 52
  • Assessor Parcel Number 123112800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,887

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Total Sq Ft: 2412
  • Living Area Sq Ft: 2412
  • Price Per Sq Ft: 114.01
  • Above Grade Finished Sq Ft: 2412
  • 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
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Natural Gas
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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: 114580.00
  • Land Assessed Value: 20220.00
  • Lot Size Acres: 0.05
  • Lot Dimensions: 23.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2300.00
  • Zoning: RSA3

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 3
  • Total Actual Rent: 39520.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 950893
  • School Tax: 1035.00
  • Tax Annual Amount: 1887.00
  • Assessor Parcel Number: 123112800
  • Tax Lot: 52
  • County Tax Payment Frequency: Annually
  • 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
Jul 6, 2021
Closed on
Sep 1, 2021
Sold by
Burton Sylvester Tyrone
Bought by
Johnson Christopher Leon and Johnson Grace Louise
Seller's Agent
Josh Johns
EXP Realty, LLC
Buyer's Agent
Shardaye Hagans
RE/MAX Affiliates
List Price
$275,000
Sold Price
$275,000
Current Estimated Value
$327,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,113
Avg. Annual Appreciation
4.20%
Original Mortgage
$206,250
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 1998
Sold by
Stroman Lillian
Bought by
Burton Sylvester Tyrone
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
Johnson Christopher Leon $275,000 National Integrity Llc
Burton Sylvester Tyrone $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Christopher Leon $206,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2021 09/01/21 Sold $275,000 0.0% $114 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $275,000 -- $114 / 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 $2,973 $312,700 $62,540 $250,160
2025 $2,973 $312,700 $62,540 $250,160
2024 $2,973 $312,700 $62,540 $250,160
2023 $2,973 $212,400 $42,480 $169,920
2022 $1,887 $212,400 $42,480 $169,920
2021 $1,887 $0 $0 $0
2020 $1,887 $0 $0 $0
2019 $1,862 $0 $0 $0
2018 $2,020 $0 $0 $0
2017 $2,020 $0 $0 $0
2016 $2,020 $0 $0 $0
2015 $2,014 $0 $0 $0
2014 -- $150,300 $17,158 $133,142
2012 -- $13,632 $1,956 $11,676
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2007160

Bright MLS

APN: 123112800