NOT LISTED FOR SALE

Estimated Value: $625,000

-- Bed
3 Baths
2,499 Sq Ft
$250/Sq Ft Est. Value

Last Sold April 27, 2012

Last sale price $185,000 $74 Per Sq Ft

Est. 238% increase in value since last sale

Current estimated payment $3,678/month

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • 4-minute walk to Spruce Hill Bird Sanctuary
  • Penn Alexander School Rated A-
  • Baseboard Heating

About This Home

As of April 2012

Multiple Offers have been received! ALL HIGHEST AND BEST OFFERS ARE DUE BY SUNDAY, 02/26/2012, AT 5:00PM! Please complete, sign and return the Multiple offer form attached with your offer. Cannot submit without this form. This is a large 3 unit property in the University City area of Philadelphia. A huge income generator with the low taxes and high rental demand. Each unit has 1 bedroom and 1 bathroom, along with living room and closet space. The basement is a common area as well as the front porch. All financed offers must be pre-approved with Bank of America. Corporate addendum applies and will be generated once an offer is accepted.

Last Agent to Sell the Property

Doina Filip

(610) 622-7500 dfilip@rcn.com RE/MAX Prime Real Estate Listed on: 02/20/2012

RE/MAX Prime Real Estate

Last Buyer's Agent

Min Chen

(856) 889-3813 xiaomin317@gmail.com Appreciation Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,500

Lot Details

  • 1,627 Sq Ft Lot
  • Lot Dimensions are 17x98

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,499 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Operating Expense $1,500

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 272029200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,500

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Master Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2499
  • Living Area Sq Ft: 2499
  • Price Per Sq Ft: 85.99
  • Above Grade Finished Sq Ft: 2499
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • 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: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Baseboard
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • 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

  • Improvement Assessed Value: 13933.00
  • Land Assessed Value: 2579.00
  • Land Use Code: U50
  • Lot Size Acres: 0.04
  • Lot Dimensions: 17X98
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1627.00
  • Zoning: R9

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 1046811
  • Tax Annual Amount: 1500.00
  • Assessor Parcel Number: 272029200
  • Tax Lot: 29
  • Tax Year: 2011
  • Close Date: 04/27/2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2012
Sold by
Jiang Xiaoshan
Bought by
Jiang Xiaoshan and Chen Min
Current Estimated Value
$625,000

Purchase Details

Listed on
Feb 20, 2012
Closed on
Apr 10, 2012
Sold by
Bank Of America Na
Bought by
Jiang Xiaoshan
Seller's Agent
Doina Filip
RE/MAX Prime Real Estate
Buyer's Agent
Min Chen
Appreciation Realty LLC
List Price
$185,000
Sold Price
$185,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.47%

Purchase Details

Listed on
Feb 20, 2012
Closed on
Feb 27, 2012
Sold by
Fannie Mae
Bought by
Bank Of America Na and Countrywide Home Loans Servicing Lp
Seller's Agent
Doina Filip
RE/MAX Prime Real Estate
Buyer's Agent
Min Chen
Appreciation Realty LLC
List Price
$185,000
Sold Price
$185,000

Purchase Details

Closed on
Jun 28, 2010
Sold by
Khan Sharafat
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 10, 2007
Sold by
Rabbani Ghulam U
Bought by
Khan Sharafat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,000
Interest Rate
6.18%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 10, 2005
Sold by
Bangladesh Society Of Philadelphia
Bought by
Rabbani Ghulam U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,250
Interest Rate
6.33%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 26, 2003
Sold by
Siddique Sheikh M and Khan Mohammed Mahsin
Bought by
Bangladesh Society Of Philadelphia

Purchase Details

Closed on
May 26, 2000
Sold by
Kraft Robert A
Bought by
Siddique Sheikh M and Khan Mohammed Mahsin
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
Jiang Xiaoshan -- None Available
Jiang Xiaoshan $185,000 None Available
Bank Of America Na $285,348 First American Equity Loan S
Federal National Mortgage Association $6,600 None Available
Khan Sharafat $410,000 None Available
Rabbani Ghulam U $192,500 None Available
Bangladesh Society Of Philadelphia $47,406 --
Siddique Sheikh M $41,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Khan Sharafat $369,000
Previous Owner Rabbani Ghulam U $173,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2012 04/27/12 Sold $185,000 0.0% $74 / Sq Ft
03/13/2012 03/13/12 Pending -- -- --
02/20/2012 02/20/12 For Sale $185,000 -- $74 / 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 $4,804 $679,700 $135,900 $543,800
2024 $4,804 $679,700 $135,900 $543,800
2023 $4,804 $343,200 $68,640 $274,560
2022 $4,250 $343,200 $68,640 $274,560
2021 $4,250 $0 $0 $0
2020 $4,250 $303,600 $45,493 $258,107
2019 $4,092 $0 $0 $0
2018 $4,068 $0 $0 $0
2017 $4,068 $0 $0 $0
2016 $4,068 $0 $0 $0
2015 $4,510 $0 $0 $0
2014 -- $336,600 $49,026 $287,574
2012 -- $16,512 $2,579 $13,933
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003853084

Bright MLS

APN: 272029200