NOT LISTED FOR SALE

4408-10 Lancaster Ave Philadelphia, PA 19104

Mill Creek Neighborhood

Estimated Value: $394,000

0.03 Acre
$13,133,333 Price per Acre
1,260 Sq Ft Lot

Last Sold September 27, 2022

Last sale price $275,000

Est. 43% increase in value since last sale

Current estimated payment $2,189/month

About This Lot

As of September 2022

Located in a Qualified Opportunity Zone, these two lots zoned CMX2 are the perfect shovel-ready package. Approved permit is for nine apartments above a commercial space, which could easily be subdivided into two smaller storefronts. Take full advantage of this prime spot on the Lancaster Ave commercial corridor convenient to SEPTA and I76 and on the fringe of large-scale developments along University City’s innovation corridor. Approved plans, permits and tax abatement application will be delivered at settlement.

Last Agent to Sell the Property

Holly Mack-Ward

Elfant Wissahickon-Rittenhouse Square Listed on: 03/17/2022

Elfant Wissahickon-Rittenhouse Square

Last Buyer's Agent

Samantha Miller

Select Commercial Advisors License #RS352351

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $198

Lot Details

  • 1,260 Sq Ft Lot
  • Lot Dimensions are 18.00 x 70.00
  • Sale includes 4408 and 4410 Lancaster Ave
  • Property is zoned CMX2

Community Details

  • No Home Owners Association
  • University City Subdivision

Listing and Financial Details

  • Assessor Parcel Number 885058660

Property Details

Property Type

Land

Est. Annual Taxes

$198

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Automatically Close On Close Date: No
  • Remarks Public: Located in a Qualified Opportunity Zone, these two lots zoned CMX2 are the perfect shovel-ready package. Approved permit is for nine apartments above a commercial space, which could easily be subdivided into two smaller storefronts. Take full advantage of this prime spot on the Lancaster Ave commercial corridor convenient to SEPTA and I76 and on the fringe of large-scale developments along University City’s innovation corridor. Approved plans, permits and tax abatement application will be delivered at settlement.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 357.14
  • Street Number Modifier: 4408-10

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • 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

  • Additional Parcels: Yes
  • Additional Parcels Description: Sale includes 4408 and 4410 Lancaster Ave
  • Land Use Code: SC
  • Lot Size Acres: 0.03
  • Lot Dimensions: 18.00 x 70.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1260.00
  • Year Assessed: 2022
  • Zoning: CMX2
  • Farmland Preservation: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Lease In Effect: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 912539
  • School Tax: 109.00
  • Tax Annual Amount: 198.00
  • Assessor Parcel Number: 885058660
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 09/27/2022

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2022
Closed on
Sep 20, 2022
Sold by
Mahari 4432 Real Estate Llc
Bought by
Terra Firma 4408 Lancaster Llc
Seller's Agent
Holly Mack-Ward
Elfant Wissahickon-Rittenhouse Square
Buyer's Agent
Samantha Miller
Select Commercial Advisors
List Price
$650,000
Sold Price
$275,000
Premium/Discount to List
-$375,000
-57.69%
Views
4
Current Estimated Value
$394,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,000
Avg. Annual Appreciation
35.51%
Original Mortgage
$1,694,250
Interest Rate
5.66%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 27, 2019
Sold by
Minus Leonard M and Minus Doris A
Bought by
Mahari 4432 Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 22, 1990
Bought by
Minus Leonard M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Terra Firma 4408 Lancaster Llc $275,000 Land Services Usa
Mahari 4432 Real Estate Llc $50,000 The Abstract Company
Minus Leonard M $4,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Terra Firma 4408 Lancaster Llc $1,694,250
Previous Owner Mahari 4432 Real Estate Llc $37,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2022 09/27/22 Sold $275,000 -38.9% --
08/28/2022 08/28/22 Pending -- -- --
08/18/2022 08/18/22 Price Changed $450,000 -14.3% --
06/29/2022 06/29/22 Price Changed $525,000 -8.7% --
05/24/2022 05/24/22 Price Changed $575,000 -11.5% --
03/17/2022 03/17/22 For Sale $650,000 -- --
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 $706 $50,400 $50,400 --
2024 $706 $50,400 $50,400 --
2023 $706 $50,400 $50,400 $0
2022 $199 $50,400 $50,400 $0
2021 $199 $0 $0 $0
2020 $199 $0 $0 $0
2019 $199 $0 $0 $0
2018 $199 $0 $0 $0
2017 $81 $0 $0 $0
2016 $81 $0 $0 $0
2015 $78 $0 $0 $0
2014 -- $5,800 $5,800 $0
2012 -- $3,840 $3,840 $0
Source: Public Records

Agents Affiliated with this Home

  • Holly Mack-Ward

    Seller's Agent in 2022

    Holly Mack-Ward

    Elfant Wissahickon-Rittenhouse Square

    (215) 866-0037

    1 in this area

    261 Total Sales

    Holly Mack-Ward
    Section Image
  • Samantha Miller

    Buyer's Agent in 2022

    Samantha Miller

    Select Commercial Advisors

    (215) 692-3107

    1 in this area

    100 Total Sales

    Samantha Miller
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAPH2094842

Bright MLS

APN: 885058660

Pennsylvania Philadelphia County Philadelphia 19104 Mill Creek

4408-10 Lancaster Ave, Philadelphia, PA

This home is located at 4408-10 Lancaster Ave, Philadelphia, PA 19104 since 17 March 2022 and is currently estimated at $394,000. 4408-10 Lancaster Ave is a home located in Philadelphia County with nearby schools including Martha Washington Academics Plus School, West Philadelphia High School, and Our Mother of Sorrows/St. Ignatius of Loyola Catholic School.

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.

Bright MLS 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