NOT LISTED FOR SALE

Estimated Value: $870,000 - $1,110,333

-- Bed
5 Baths
2,750 Sq Ft
$360/Sq Ft Est. Value

Last Sold January 13, 2020

Last sale price $765,000 $278 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $5,786/month

Highlights

  • Open Floorplan
  • 3-minute walk to Baltimore Avenue And 44Th Street
  • Straight Thru Architecture
  • Penn Alexander School Rated A-
  • Curved or Spiral Staircase
  • 5-minute walk to Spruce Hill Bird Sanctuary

About This Home

As of January 2020

Historic Victorian twin in premier location in University City. Property features 4 very spacious bi-level apartments. Open front porch to enjoy a coffee in the morning or friends in the evening. Entrance foyer leads to each apartment which have their own private entrances. Central Air, Gas Hot Air heaters separate for each apartment, gas hot water heaters in each apartment, separate electric meters for each apartment + each unit has their own washer & dryer. New fire system installed throughout the building in May 2018 and certified May 2019. New central air unit installed in Unit 2 August 2017, Roof coated November 2018, APARTMENT 1. Two bedroom one bathroom bi-level. Large living with decorative fireplace, original built in bookcases, bow window. Spiral stairs to the lower level which features kitchen with island, refrigerator, dishwasher, garbage disposal, gas stove, dining area. Large bathroom, laundry room with washer and gas dryer, mechanical room, two spacious bedrooms with large closets and storage area. Features second exit to first floor hallway (RENT $1395 LEASE EXPIRES JUNE 30, 2020). APARTMENT 2. Two bedroom one bathroom bi-level. First floor features a large living room with hardwood floors, large windows, laundry room with washer and gas dryer, mechanical room, large eat in kitchen with gas stove, refrigerator, dishwasher, garbage disposal, exit to covered porch and fenced rear yard. Second floor features two very large bedrooms with spacious closets, and hall bathroom. Features second floor exit to the hallway (RENT $1500 LEASE EXPIRES MONTH TO MONTH). APARTMENT 3. One bedroom one bathroom bi-level. First floor features Large living room with decorative artificial fireplace, lovely bow windows, laundry room with washer and gas dryer,mechanical room, kitchen with breakfast bar, dishwasher, gas stove, refrigerator, garbage disposal. Spiral stairs to the second floor with large bedroom, spacious closet, bathroom. Features exit to hallway from the second floor of the apartment ( RENT $1075 LEASE EXPIRES JULY 30TH, 2020). APARTMENT 4. Two bedroom two bathroom bi-level. First floor features Large living room with lovely bow windows with good closet space, laundry room with washer and gas dryer, mechanical room, Large kitchen with gas stove, refrigerator, garbage disposal, dishwasher. Large bathroom on first floor. Second floor features two very large bedrooms with fantastic closet space, skylights, Hall bathroom (RENT $1450 LEASE EXPIRES MAY 31ST, 2020). MONTHLY INCOME $5420, YEARLY INCOME $65,040. EXPENSES - TAXES $6046, INSURANCE $1385, ELECTRIC $420 (YEARLY) FOR HALLWAY LIGHTING. TENANTS PAY THEIR OWN GAS, ELECTRIC & WATER. This property is 15 minutes to center city, three blocks from the University of Pennsylvania, near to Drexel University and a short commute to 30th St. Station. It's close to the shops & restaurants on Baltimore Ave. and to Clark Park, where much of the neighborhood's activity for youngsters & adults takes place. (Farmer's market, youth soccer, dogs in "the bowl," chess games, Shakespeare in the Park - sometimes even the Philadelphia Orchestra! Clark Park also has one of only 2 Charles Dickens statues in the world, and the Friends of Clark Park celebrate his birthday every February.)

Last Agent to Sell the Property

Kathy Conway

(215) 850-3842 kathy@conwayteam.com BHHS Fox & Roach-Center City Walnut License #1757799 Listed on: 10/09/2019

BHHS Fox & Roach-Center City Walnut

Co-Listed By

Patrick Conway

(215) 266-1537 patrick@conwayteam.com BHHS Fox & Roach-Center City Walnut License #RS217990L

Last Buyer's Agent

Kathy Conway

(215) 850-3842 kathy@conwayteam.com BHHS Fox & Roach-Center City Walnut License #1757799 Listed on: 10/09/2019

BHHS Fox & Roach-Center City Walnut

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,281

Year Built

  • Built in 1916

Lot Details

  • 2,750 Sq Ft Lot
  • Lot Dimensions are 25.00 x 110.00

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Straight Thru Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,750 Sq Ft Home
  • Open Floorplan
  • Curved or Spiral Staircase
  • Dual Staircase
  • Ceiling Fan
  • Dining Area
  • Attic
  • Finished Basement

Flooring

  • Wood
  • Carpet

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for insurance, real estate taxes
  • Tax Lot 73
  • Assessor Parcel Number 272048000

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • University City Subdivision

Building Details

  • Insurance Expense $1,385
  • Operating Expense $7,671

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,281

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • Exclusions: All tenants personal property
  • Inclusions: All existing appliances
  • New Construction: No
  • Year Built: 1916
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Additional Stairway, Attic, Carpet, Ceiling Fan(s), Dining Area, Floor Plan - Open, Spiral Staircase, Wood Floors
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 2750
  • Living Area Sq Ft: 2750
  • Price Per Sq Ft: 276.00
  • Above Grade Finished Sq Ft: 2750
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4407

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Street Lights
  • Spa: No
  • 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: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: N50
  • Lot Size Acres: 0.06
  • Lot Dimensions: 25.00 x 110.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2750.00
  • Year Assessed: 2020
  • Zoning: RTA1

Rental Info

  • Owner Pays: Insurance, Taxes - Real Estate
  • Total Actual Rent: 65040.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • School Tax: 3446.00
  • Tax Annual Amount: 6281.00
  • Assessor Parcel Number: 272048000
  • Tax Lot: 73
  • Tax Total Finished Sq Ft: 2700
  • Tax Data Updated: Yes
  • Tax Year: 2020
  • Close Date: 01/13/2020

Multi Family

  • Gross Income: 65040.00
  • Operating Expense: 7671.00
  • Other Units: Unit 1,Unit 2,Unit 4,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 9, 2019
Closed on
Dec 13, 2019
Sold by
Neill Eileen O
Bought by
Yang Lichang and Zheng Songyan
Seller's Agent
Kathy Conway
BHHS Fox & Roach-Center City Walnut
Buyer's Agent
Kathy Conway
BHHS Fox & Roach-Center City Walnut
List Price
$759,000
Sold Price
$765,000
Premium/Discount to List
$6,000
0.79%
Current Estimated Value
$990,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,167
Avg. Annual Appreciation
4.60%
Original Mortgage
$573,750
Outstanding Balance
$507,126
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$483,041

Purchase Details

Closed on
Dec 21, 2008
Sold by
Oneill Sean and Oneill Eileen
Bought by
Oneill Eileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.92%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Yang Lichang $765,000 Trident Land Transfer Co Lp
Oneill Eileen -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Lichang $573,750
Previous Owner Oneill Eileen $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2020 01/13/20 Sold $765,000 +0.8% $278 / Sq Ft
10/17/2019 10/17/19 Pending -- -- --
10/09/2019 10/09/19 For Sale $759,000 -- $276 / 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 $6,429 $650,000 $130,000 $520,000
2024 $6,429 $650,000 $130,000 $520,000
2023 $6,429 $459,300 $91,860 $367,440
2022 $6,281 $459,300 $91,860 $367,440
2021 $6,281 $0 $0 $0
2020 $6,281 $0 $0 $0
2019 $6,046 $0 $0 $0
2018 $4,218 $0 $0 $0
2017 $4,218 $0 $0 $0
2016 $4,218 $0 $0 $0
2015 $4,673 $0 $0 $0
2014 -- $348,700 $82,864 $265,836
2012 -- $28,800 $4,624 $24,176
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH840842

Bright MLS

APN: 272048000