NOT LISTED FOR SALE

438 N Preston St Philadelphia, PA 19104

West Powelton Neighborhood

Estimated Value: $484,669 - $521,000

-- Bed
3 Baths
2,282 Sq Ft
$220/Sq Ft Est. Value

Last Sold December 29, 2021

Last sale price $435,000 $191 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,045/month

Highlights

  • Heating Available
  • 3-minute walk to Lancaster Avenue And 40Th Street
  • 3-minute walk to Vidas Athletic Complex

About This Home

As of December 2021

Amazing opportunity in University of Penn/Drexel area. This large triplex is completely redone, including: roof, plumbing, windows, electric, baths and kitchens. Each unit has washer/dryer. Renovated in 2013, roof updated in 2017. The first unit is 1 bed, 1 bath. The second unit and third unit are 2 bedrooms, 1 bath. Don't miss out this chance!

Last Agent to Sell the Property

Kirk Waechter

(866) 327-7673 salesteam@prosperityreis.com Prosperity Real Estate & Investment Services License #RM423448 Listed on: 10/27/2021

Last Buyer's Agent

Michael McCann

mccann@mccannteam.com KW Empower License #AB049770L

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,318

Year Built

  • Built in 1915

Lot Details

  • 1,418 Sq Ft Lot
  • Lot Dimensions are 15.75 x 90.00

Parking

  • On-Street Parking

Home Design

  • 2,282 Sq Ft Home
  • Triplex
  • Masonry

Utilities

  • Cooling System Utilizes Natural Gas
  • Heating Available
  • Natural Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 115
  • Assessor Parcel Number 061194300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,318

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Foundation Details: Other
  • Total Sq Ft: 2282
  • Living Area Sq Ft: 2282
  • Price Per Sq Ft: 190.62
  • Above Grade Finished Sq Ft: 2282
  • 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
  • Heating Fuel: Natural Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 201481.00
  • Land Assessed Value: 35519.00
  • Lot Size Acres: 0.03
  • Lot Dimensions: 15.75 x 90.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1418.00
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 911603
  • School Tax: 1820.00
  • Tax Annual Amount: 3318.00
  • Assessor Parcel Number: 061194300
  • Tax Lot: 115
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2021
Closed on
Dec 28, 2021
Sold by
Allava Llc
Bought by
Kwon Ohyun and Wang Yixin
Seller's Agent
Kirk Waechter
Prosperity Real Estate & Investment Services
Buyer's Agent
Michael McCann
KW Empower
List Price
$435,000
Sold Price
$435,000
Current Estimated Value
$502,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,890
Avg. Annual Appreciation
3.86%
Original Mortgage
$326,250
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 28, 2014
Closed on
May 29, 2014
Sold by
Robinson Eric C
Bought by
Allaya Llc
Seller's Agent
Angela Garner
Aarch Realty
Buyer's Agent
STEPHEN LESCH
BHHS Fox & Roach - Haverford Sales Office
List Price
$125,000
Sold Price
$167,000
Premium/Discount to List
$42,000
33.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.44%

Purchase Details

Closed on
Aug 24, 2001
Sold by
Robinson Charles D
Bought by
Robinson Eric C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,700
Interest Rate
6.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 31, 1997
Sold by
Howell Tracey Robinson and Robinson Ruth
Bought by
Robinson Eric C
Source: Public Records

Range of Values:

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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
Kwon Ohyun $435,000 Great American Abstract
Allaya Llc $167,000 Trident Land Transfer Co Lp
Robinson Eric C -- --
Robinson Eric C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kwon Ohyun $326,250
Previous Owner Robinson Eric C $63,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2021 12/29/21 Sold $435,000 0.0% $191 / Sq Ft
11/18/2021 11/18/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $435,000 +160.5% $191 / Sq Ft
05/29/2014 05/29/14 Sold $167,000 +33.6% $73 / Sq Ft View Prior Sale
05/06/2014 05/06/14 Pending -- -- --
04/28/2014 04/28/14 For Sale $125,000 -- $55 / 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 $4,803 $496,800 $99,360 $397,440
2025 $4,803 $496,800 $99,360 $397,440
2024 $4,803 $496,800 $99,360 $397,440
2023 $4,803 $343,100 $68,620 $274,480
2022 $3,318 $343,100 $68,620 $274,480
2021 $3,318 $0 $0 $0
2020 $3,318 $0 $0 $0
2019 $3,194 $0 $0 $0
2018 $2,193 $0 $0 $0
2017 $2,193 $0 $0 $0
2016 $2,193 $0 $0 $0
2015 $15,311 $0 $0 $0
2014 -- $156,700 $11,056 $145,644
2012 -- $9,696 $1,834 $7,862
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kirk Waechter

    Prosperity Real Estate & Investment Services

    (866) 327-7673

    1 in this area

    124 Total Sales

    Kirk Waechter
    Section Image
  • Michael McCann

    Buyer's Agent in 2021

    Michael McCann

    KW Empower

    (215) 778-0901

    4 in this area

    1,644 Total Sales

    Michael McCann
    Section Image
  • Bibe Chin

    Buyer Co-Listing Agent in 2021

    Bibe Chin

    KW Empower

    (267) 210-0489

    1 in this area

    83 Total Sales

    Bibe Chin
    Section Image

  • A

    Seller's Agent in 2014

    Angela Garner

    Aarch Realty

  • S

    Buyer's Agent in 2014

    STEPHEN LESCH

    BHHS Fox & Roach

See All Agents

Map

Source: Bright MLS

MLS Number: PAPH2039878

Bright MLS

APN: 061194300

Pennsylvania Philadelphia County Philadelphia 19104 West Powelton

438 N Preston St, Philadelphia, PA

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