NOT LISTED FOR SALE

Estimated Value: $374,590 - $431,000

-- Bed
3 Baths
3,043 Sq Ft
$131/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $275,000 $90 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,563/month

1 Day on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Central Heating

About This Home

As of July 2020

This well-kept triplex is waiting for it's new owner. Conveniently located off of Torresdale Ave, tucked away on a private street is 4430 Solly Ave. Three nicely renovated apartments, all with newer kitchens and baths, nice common areas and driveway parking. First floor apartment (owner's unit) has two bedrooms and access to the backyard. Upstairs is a three bedroom apartment with a great layout and on the third floor is another two bedroom unit. Other upgrades of 4430 Solly include: 2 new brand new heaters, a new hot water heater and a new roof. Come check it out and live in one and rent two or rent the whole building and see a positive cash flow!

Last Agent to Sell the Property

Kelly Guida-Patrizio

Coldwell Banker Realty Listed on: 06/17/2020

Coldwell Banker Realty

Last Buyer's Agent

Peter Lien

EXP Realty, LLC License #RS344116

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,984

Year Built

  • Built in 1965

Lot Details

  • 1,859 Sq Ft Lot
  • Lot Dimensions are 20.66 x 90.00

Parking

  • Driveway

Home Design

  • 3,043 Sq Ft Home
  • Triplex
  • Traditional Architecture
  • Masonry

Utilities

  • Central Heating
  • Natural Gas Water Heater

Additional Features

  • Basement

Community Details

  • No Home Owners Association
  • 3 Units
  • Holmesburg Subdivision

Listing and Financial Details

  • Tax Lot 193
  • Assessor Parcel Number 652025406

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,984

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1965
  • Automatically Close On Close Date: No
  • Remarks Public: This well-kept triplex is waiting for it's new owner. Conveniently located off of Torresdale Ave, tucked away on a private street is 4430 Solly Ave. Three nicely renovated apartments, all with newer kitchens and baths, nice common areas and driveway parking. First floor apartment (owner's unit) has two bedrooms and access to the backyard. Upstairs is a three bedroom apartment with a great layout and on the third floor is another two bedroom unit. Other upgrades of 4430 Solly include: 2 new brand new heaters, a new hot water heater and a new roof. Come check it out and live in one and rent two or rent the whole building and see a positive cash flow!
  • Special Features: None

Interior Features

  • Basement: Yes
  • Total Sq Ft: 3043
  • Living Area Sq Ft: 3043
  • Price Per Sq Ft: 92.01
  • Above Grade Finished Sq Ft: 3043
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4430

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: Driveway

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 149240.00
  • Land Assessed Value: 63960.00
  • Land Use Code: W50
  • Lot Size Acres: 0.04
  • Lot Dimensions: 20.66 x 90.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1859.00
  • Year Assessed: 2020
  • Zoning: RM1

Rental Info

  • Existing Lease Type: Month To Month
  • Rent Control: No
  • Total Actual Rent: 21600.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1363694
  • School Tax: 1638.00
  • Tax Annual Amount: 2984.00
  • Assessor Parcel Number: 652025406
  • Tax Lot: 193
  • Tax Total Finished Sq Ft: 3043
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 07/31/2020

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2020
Closed on
Jul 29, 2020
Sold by
Davis Joshua C
Bought by
Patel Parth
Seller's Agent
Kelly Guida-Patrizio
Coldwell Banker Realty
Buyer's Agent
Peter Lien
EXP Realty, LLC
List Price
$245,000
Sold Price
$275,000
Premium/Discount to List
$30,000
12.24%
Current Estimated Value
$394,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,895
Avg. Annual Appreciation
9.26%
Original Mortgage
$270,019
Outstanding Balance
$242,204
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$187,600

Purchase Details

Listed on
Jul 21, 2016
Closed on
Jan 26, 2017
Sold by
Fuad Mohammed
Bought by
Davis Joshua C
Seller's Agent
Siew Wong
Premium Realty Group Inc
Buyer's Agent
Kelly Guida-Patrizio
Coldwell Banker Realty
List Price
$259,900
Sold Price
$230,000
Premium/Discount to List
-$29,900
-11.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.36%
Original Mortgage
$225,834
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 8, 2005
Sold by
Pradella Giovannina and Laviola Alga
Bought by
Faud Mohommed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
5.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 25, 2000
Sold by
Pradella Giovannina
Bought by
Pradella Giovannina and Laviola Alga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,400
Interest Rate
9.2%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Patel Parth $275,000 World Wide Land Transfer Inc
Davis Joshua C $230,000 Title Services
Faud Mohommed $189,000 None Available
Pradella Giovannina -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Parth $270,019
Previous Owner Davis Joshua C $225,834
Previous Owner Fuad Mohammed $142,000
Previous Owner Faud Mohommed $151,200
Previous Owner Pradella Giovannina $84,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $275,000 -1.8% $90 / Sq Ft
07/02/2020 07/02/20 Price Changed $280,000 +14.3% $92 / Sq Ft
06/18/2020 06/18/20 Pending -- -- --
06/17/2020 06/17/20 For Sale $245,000 0.0% $81 / Sq Ft
09/01/2018 09/01/18 Rented $950 0.0% --
08/23/2018 08/23/18 Under Contract -- -- --
08/16/2018 08/16/18 For Rent $950 +2.7% --
03/09/2018 03/09/18 Rented $925 -7.5% --
03/08/2018 03/08/18 Under Contract -- -- --
12/27/2017 12/27/17 For Rent $1,000 0.0% --
02/27/2017 02/27/17 Sold $230,000 -11.5% $122 / Sq Ft
12/21/2016 12/21/16 Pending -- -- --
07/21/2016 07/21/16 For Sale $259,900 -- $138 / 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 $4,947 $360,000 $72,000 $288,000
2024 $4,947 $360,000 $72,000 $288,000
2023 $4,947 $353,400 $70,600 $282,800
2022 $2,984 $353,400 $70,600 $282,800
2021 $2,984 $0 $0 $0
2020 $2,984 $0 $0 $0
2019 $2,809 $0 $0 $0
2018 $2,139 $0 $0 $0
2017 $2,139 $0 $0 $0
2016 $2,139 $0 $0 $0
2015 $1,999 $0 $0 $0
2014 -- $149,200 $36,267 $112,933
2012 -- $21,664 $1,144 $20,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH905316

Bright MLS

APN: 652025406