Seller's Agent in 2024
Reda Akbil
Compass RE
(267) 205-1369
4 in this area
155 Total Sales
437 N 32nd St Philadelphia, PA 19104
Powelton Village NeighborhoodEstimated Value: $675,000
--
Bed
--
Bath
2,418
Sq Ft
$279/Sq Ft
Est. Value
About This Home
As of August 2024This priced to sell 2-unit multi-family building is a rare find! With Unit 1 offering a 1-bedroom/1.5-bathroom layout and Unit 2 featuring a 3-bedroom/1.5-bathroom bi-level design, there is plenty of space for tenants. Both units are currently rented below market value for $3,300 per month total as it previously rented for $4,000 per month making this property a great investment opportunity. Unit 1 boasts a spacious living and dining area with original hardwood floors, connecting to a well-appointed kitchen and a private outdoor backyard space. Additionally, the first floor includes a full bathroom and bedrooms. The fully finished basement provides even more versatility, serving as additional living or office space and housing a full washer and dryer extra bathroom and additional storage. Unit 2 offers an open and modern kitchen, dining, and living space with high ceilings, new carpet, ceiling fans, air conditioning, heating, and its own washer and dryer. With its bi-level layout, this unit provides ample room for comfortable living. The location of this property is prime, especially for student rentals and young working professionals. It is just a few blocks away from the main campus of Drexel University, Drexel Parc, Upenn, the Art Museum, and the 30th Street Station. Additionally, the proximity to Drexel University Public Safety ensures a safe and secure environment for tenants. Don't miss out on this fantastic opportunity!This is also in a QOZ area which presents a massive opportunity for preferential tax treatment. Act fast and secure this multi-family building in a prime location.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,558
Year Built
- Built in 1980
Lot Details
- 1,511 Sq Ft Lot
- Lot Dimensions are 16.00 x 93.00
Home Design
- 2,418 Sq Ft Home
- Duplex
- Masonry
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 241212000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 25, 2024
Closed on
Aug 1, 2024
Sold by
437 N 32Nd Street Llc
Bought by
Tran Quynh Anh and Nguyen Alexandria
Seller's Agent
Reda Akbil
Compass RE
Buyer's Agent
Ricardo Silva
Realty Mark Associates-CC
List Price
$539,000
Sold Price
$510,000
Premium/Discount to List
-$29,000
-5.38%
Views
25
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,000
Avg. Annual Appreciation
32.35%
Original Mortgage
$382,500
Outstanding Balance
$378,577
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$296,423
Purchase Details
Closed on
Dec 12, 2018
Sold by
437 N 32Nd Street Llc
Bought by
437 N 32Nd Street Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
4.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 19, 2015
Closed on
Aug 28, 2015
Sold by
Brown Ivy
Bought by
427 N 32Nd Street Llc
Seller's Agent
Oliver Millwood
Empower Real Estate, LLC
Buyer's Agent
Damon Michels
KW Main Line - Narberth
List Price
$400,000
Sold Price
$300,000
Premium/Discount to List
-$100,000
-25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.49%
Purchase Details
Closed on
Jan 6, 1994
Bought by
Brown Ivy
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tran Quynh Anh | $510,000 | None Listed On Document | |
| 437 N 32Nd Street Llc | -- | None Available | |
| 427 N 32Nd Street Llc | $300,000 | None Available | |
| Brown Ivy | $2,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tran Quynh Anh | $382,500 | |
| Previous Owner | 437 N 32Nd Street Llc | $315,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/05/2024 08/05/24 | Sold | $510,000 | -5.4% | $211 / Sq Ft |
| 06/25/2024 06/25/24 | For Sale | $539,000 | +79.7% | $223 / Sq Ft |
| 08/28/2015 08/28/15 | Sold | $300,000 | -14.3% | $124 / Sq Ft |
| 06/11/2015 06/11/15 | Price Changed | $350,000 | -12.5% | $145 / Sq Ft |
| 05/19/2015 05/19/15 | For Sale | $400,000 | -- | $165 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $7,559 | $1,099,200 | $219,840 | $879,360 |
| 2024 | $7,559 | $1,099,200 | $219,840 | $879,360 |
| 2023 | $7,559 | $540,000 | $108,000 | $432,000 |
| 2022 | $6,154 | $540,000 | $108,000 | $432,000 |
| 2021 | $6,154 | $0 | $0 | $0 |
| 2020 | $6,154 | $0 | $0 | $0 |
| 2019 | $5,923 | $0 | $0 | $0 |
| 2018 | $4,024 | $0 | $0 | $0 |
| 2017 | $4,587 | $0 | $0 | $0 |
| 2016 | $1,793 | $0 | $0 | $0 |
| 2015 | $1,699 | $0 | $0 | $0 |
| 2014 | -- | $327,700 | $38,065 | $289,635 |
| 2012 | -- | $13,664 | $2,277 | $11,387 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2024
Ricardo Silva
Realty Mark Associates-CC
1 in this area
52 Total Sales
-
Seller's Agent in 2015
Oliver Millwood
Empower Real Estate, LLC
(302) 533-8020
148 Total Sales
-
Seller Co-Listing Agent in 2015
Arthur Brown
Empower Real Estate, LLC
(302) 265-3997
40 Total Sales
-
Buyer's Agent in 2015
Damon Michels
KW Main Line - Narberth
(610) 668-3400
651 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH2369960
APN: 241212000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.
Nearby Homes
- 438 N 32nd St
- 417 N 32nd St
- 424 N 32nd St
- 433 N 33rd St
- 539 N 33rd St
- 3214 Mount Vernon St
- 3203 Pearl St
- 3205 Pearl St
- 627 N 32nd St
- 3313 Baring St
- 3226 Powelton Ave
- 3201 Winter St
- 3414 Hamilton St
- 3428 Brandywine St
- 511 N 35th St
- 517 N 35th St
- 523 N 35th St
- 3205 Summer St
- 3200 Summer St Unit 3
- 3433 Mount Vernon St
- 437 N 32nd St Unit B
- 437 N 32nd St Unit A
- 437 N 32nd St Unit 2
- 437 N 32nd St
- 435 N 32nd St Unit 2
- 435 N 32nd St
- 439 N 32nd St Unit 2
- 439 N 32nd St
- 433 N 32nd St
- 431 N 32nd St
- 429 N 32nd St
- 3120 Spring Garden St
- 439 N Napa St
- 437 N Napa St
- 3118 Spring Garden St
- 435 N Napa St
- 433 N Napa St
- 423 N 32nd St
- 441 N 32nd St
- 431 N Napa St