NOT LISTED FOR SALE

Estimated Value: $1,084,819 - $1,161,000

-- Bed
6 Baths
4,341 Sq Ft
$257/Sq Ft Est. Value

Last Sold May 01, 2018

Last sale price $700,000 $161 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $7,050/month

20 Days on Market

Highlights

  • No HOA
  • 3-minute walk to Lancaster Avenue And 40Th Street
  • Heating System Uses Gas
  • En-Suite Primary Bedroom
  • Central Air
  • 3-minute walk to Urban Thinkscape

About This Home

As of May 2018

Large spacious apartment building mostly occupied, now is available to the new owner. 2 big 4 bedroom, 2 bathroom units on first floor and 3rd floor. 2nd floor has a two bedroom apartment and a one bedroom apartment. Finished basement can be used as a owner suite (with kitchen, one full bathroom, a dinning room, a living room and laundry). Great location - close to 40th street blue line subway, walking to Drexel school bus, walk to Super fresh and Upenn campus. The other 3 buildings back to back or next to this one, same size same layout, same builder with few units were sold $837.5k or $825k in the past 2 years. Grab the deal while it is still available. Legally zoned for 3 units. 3 HVAC system and 4 electricity meters, 3 gas meters. Cash buyer preferred.

Last Agent to Sell the Property

Grace Tian

Appreciation Realty LLC License #RS318202 Listed on: 04/01/2018

Last Buyer's Agent

Grace Tian

Appreciation Realty LLC License #RS318202 Listed on: 04/01/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $728

Year Built

  • Built in 2011

Lot Details

  • 2,248 Sq Ft Lot
  • Lot Dimensions are 25x90

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Stucco

Interior Spaces

  • En-Suite Primary Bedroom
  • 4,341 Sq Ft Home
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 201
  • Assessor Parcel Number 061173560

Community Details

Overview

  • No Home Owners Association
  • Powelton Village Subdivision

Building Details

  • Insurance Expense $2,294
  • Maintenance Expense $5,000
  • Other Expense $1,400
  • Operating Expense $12,182

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$728

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 1400.00
  • Year Built: 2011
  • Remarks Public: Large spacious apartment building mostly occupied, now is available to the new owner. 2 big 4 bedroom, 2 bathroom units on first floor and 3rd floor. 2nd floor has a two bedroom apartment and a one bedroom apartment. Finished basement can be used as a owner suite (with kitchen, one full bathroom, a dinning room, a living room and laundry). Great location - close to 40th street blue line subway, walking to Drexel school bus, walk to Super fresh and Upenn campus. The other 3 buildings back to back or next to this one, same size same layout, same builder with few units were sold $837.5k or $825k in the past 2 years. Grab the deal while it is still available. Legally zoned for 3 units. 3 HVAC system and 4 electricity meters, 3 gas meters. Cash buyer preferred.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 4341
  • Living Area Sq Ft: 4341
  • Price Per Sq Ft: 178.53
  • Above Grade Finished Sq Ft: 4341
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 437

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • 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

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 2760.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Land Assessed Value: 52027.00
  • Land Use Code: W50
  • Lot Size Acres: 0.05
  • Lot Dimensions: 25X90
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2248.00
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 84000.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3

Tax Info

  • Assessor Parcel Number: 911375
  • Tax Annual Amount: 728.00
  • Assessor Parcel Number: 061173560
  • Tax Lot: 201
  • Tax Year: 2018
  • Close Date: 05/01/2018

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2018
Closed on
May 4, 2018
Sold by
437 Wiota Land Trust
Bought by
Jiang Tao Tony
Seller's Agent
Grace Tian
Appreciation Realty LLC
Buyer's Agent
Grace Tian
Appreciation Realty LLC
List Price
$775,000
Sold Price
$700,000
Premium/Discount to List
-$75,000
-9.68%
Current Estimated Value
$1,116,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$416,606
Avg. Annual Appreciation
6.77%

Purchase Details

Listed on
Oct 5, 2011
Closed on
Dec 20, 2011
Sold by
Mpbs Properties Llc
Bought by
437 Wiota Land Trust
Seller's Agent
Jennifer Robertson
The Realty Dot, Inc
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$545,000
Sold Price
$525,000
Premium/Discount to List
-$20,000
-3.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.66%

Purchase Details

Closed on
Apr 4, 2011
Sold by
Dicarlo Alfonso
Bought by
Mpbs Properties Llc

Purchase Details

Closed on
Jul 6, 2010
Sold by
Shraim Ramy and Dicarlo Alfonso
Bought by
Dicarlo Alfonso
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
Jiang Tao Tony $700,000 Interstate Abstract
437 Wiota Land Trust $490,000 None Available
Mpbs Properties Llc $61,500 None Available
Dicarlo Alfonso $3,305 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 437 Wiota Land Trust $340,000
Previous Owner Dicarlo Alfonso $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2018 05/01/18 Sold $700,000 -9.7% $161 / Sq Ft
04/21/2018 04/21/18 Pending -- -- --
04/01/2018 04/01/18 For Sale $775,000 +47.6% $179 / Sq Ft
01/09/2012 01/09/12 Sold $525,000 -3.7% $122 / Sq Ft
12/13/2011 12/13/11 Pending -- -- --
10/05/2011 10/05/11 For Sale $545,000 -- $126 / 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
2025 $12,153 $1,109,000 $221,800 $887,200
2024 $12,153 $1,109,000 $221,800 $887,200
2023 $12,153 $868,200 $173,640 $694,560
2022 $11,993 $868,200 $173,640 $694,560
2021 $1,709 $0 $0 $0
2020 $1,709 $0 $0 $0
2019 $1,645 $0 $0 $0
2018 $728 $0 $0 $0
2017 $728 $0 $0 $0
2016 $321 $0 $0 $0
2015 $4,892 $0 $0 $0
2014 -- $365,100 $22,926 $342,174
2012 -- $30,400 $2,080 $28,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000379122

Bright MLS

APN: 061173560