NOT LISTED FOR SALE

441 E Walnut Ln Philadelphia, PA 19144

East Germantown Neighborhood

Estimated Value: $264,000 - $518,000

Studio
-- Bath
2,430 Sq Ft
$161/Sq Ft Est. Value

Last Sold December 14, 2018

Last sale price $125,000 $51 Per Sq Ft

Est. 213% increase in value since last sale

Current estimated payment $2,302/month

133 Days on Market

About This Home

As of December 2018

441 E Walnut Lane is a gorgeous stone twin triplex in the heart of Germantown! Each apartment encompasses an entire floor of the three story building. Each apartment has hardwood floors and large windows. Apartments are separately metered for gas and electric. Tenants pay their own utilities with the owner covering water and a small common electric bill. Long term tenants have provided the owner with a great income and minimal hassles. The units are rented at well under market value - so there's plenty of opportunity to increase operating income! Large yard in back! You'll love this building it's a great money maker with great potential. Two Additional triplexes available for possible package deal(439 E Walnut Lane and 441 E Walnut Lane)

Last Agent to Sell the Property

Jessica Lewis

(215) 605-2846 jlewis.re@gmail.com Long & Foster Real Estate, Inc. Listed on: 06/22/2018

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Jessica Lewis

(215) 605-2846 jlewis.re@gmail.com Long & Foster Real Estate, Inc. Listed on: 06/22/2018

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,995

Year Built

  • Built in 1910

Lot Details

  • 2,250 Sq Ft Lot
  • Lot Dimensions are 22x100

Parking

  • 1 Open Parking Space

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • 2,430 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Utilities

  • Heating System Uses Oil
  • Oil Water Heater

Listing and Financial Details

  • Tax Lot 134
  • Assessor Parcel Number 592076000

Community Details

Overview

  • No Home Owners Association
  • Germantown Subdivision

Building Details

  • Electric Expense $364
  • Insurance Expense $1,521
  • Maintenance Expense $2,737
  • Operating Expense $8,317

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,995

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1910
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Washer In Unit
  • Total Sq Ft: 2430
  • Living Area Sq Ft: 2430
  • Price Per Sq Ft: 77.78
  • Above Grade Finished Sq Ft: 2430
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 1

Utilities

  • Central Air Conditioning: No
  • Electric Expense: 364.00
  • Heating Fuel: Oil, Electric
  • Heating Type: Oil, Electric
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1700.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 22X100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2250.00
  • Zoning: RSA3

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 15180.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Tax Annual Amount: 1995.00
  • Assessor Parcel Number: 592076000
  • Tax Lot: 134
  • Tax Year: 2018

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2018
Closed on
Dec 20, 2018
Sold by
Johnson Edward P and Johnson Edward Paige
Bought by
Aroha Llc
Seller's Agent
Jessica Lewis
Long & Foster Real Estate, Inc.
Buyer's Agent
Jessica Lewis
Long & Foster Real Estate, Inc.
List Price
$199,900
Sold Price
$125,000
Premium/Discount to List
-$74,900
-37.47%
Current Estimated Value
$391,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,000
Avg. Annual Appreciation
17.45%
Original Mortgage
$687,045
Outstanding Balance
$605,340
Interest Rate
4.9%
Mortgage Type
Construction
Estimated Equity
-$214,340

Purchase Details

Closed on
Jan 25, 1977
Bought by
Johnson Edward P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Aroha Llc $375,000 None Available
Johnson Edward P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aroha Llc $687,045
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2018 12/14/18 Sold $125,000 -33.9% $51 / Sq Ft
11/02/2018 11/02/18 Pending -- -- --
08/27/2018 08/27/18 Price Changed $189,000 -8.7% $78 / Sq Ft
07/16/2018 07/16/18 Price Changed $207,000 +3.6% $85 / Sq Ft
06/22/2018 06/22/18 For Sale $199,900 -- $82 / 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 $3,085 $304,600 $60,920 $243,680
2025 $3,085 $304,600 $60,920 $243,680
2024 $3,085 $304,600 $60,920 $243,680
2023 $3,085 $220,400 $44,080 $176,320
2022 $1,686 $220,400 $44,080 $176,320
2021 $1,964 $0 $0 $0
2020 $1,964 $0 $0 $0
2019 $1,939 $0 $0 $0
2017 $1,995 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jessica Lewis

    Long & Foster Real Estate, Inc.

    (215) 605-2846

    6 Total Sales

    Jessica Lewis
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Map

Source: Bright MLS

MLS Number: 1002046964

Bright MLS

APN: 592076000

Pennsylvania Philadelphia County Philadelphia 19144 East Germantown

441 E Walnut Ln, Philadelphia, PA

Not Listed for Sale

MultiFamily

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