NOT LISTED FOR SALE

Estimated Value: $354,000 - $396,000

-- Bed
4 Baths
-- Sq Ft
1,904 Sq Ft Lot

Last Sold April 17, 2019

Last sale price $248,750

Est. 51% increase in value since last sale

Current estimated payment $2,302/month

106 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Heating Available

About This Home

As of April 2019

An amazing rent-generating gold mine with 9 units. Current owner collects around $4,000 a month in gross income and one unit is vacant. Add this to your portfolio, it would be a smart move. Since there are 8 tenants at the property, it would be really difficult to show, so for now, your clients can only drive by and see it from the outside until they put an offer in. Price is negotiable. Title is free and clear ready to close.

Last Agent to Sell the Property

Kirk Waechter

Prosperity Real Estate & Investment Services License #RM423448 Listed on: 12/13/2018

Last Buyer's Agent

Kirk Waechter

Prosperity Real Estate & Investment Services License #RM423448 Listed on: 12/13/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,552

Year Built

  • Built in 1935

Lot Details

  • 1,904 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Masonry

Utilities

  • Cooling System Utilizes Natural Gas
  • Heating Available
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 281
  • Assessor Parcel Number 422104000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,552

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1935
  • Remarks Public: An amazing rent-generating gold mine with 9 units. Current owner collects around $4,000 a month in gross income and one unit is vacant. Add this to your portfolio, it would be a smart move. Since there are 8 tenants at the property, it would be really difficult to show, so for now, your clients can only drive by and see it from the outside until they put an offer in. Price is negotiable. Title is free and clear ready to close.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 444-446

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: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Natural Gas
  • 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: 90384.00
  • Land Assessed Value: 20516.00
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1904.00
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1186519
  • School Tax: 852.00
  • Tax Annual Amount: 1552.00
  • Assessor Parcel Number: 422104000
  • Tax Lot: 281
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 04/17/2019

Multi Family

  • Number Of Units Vacant: 1
  • Other Units: Unit 9

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 1989
Bought by
Morales Francisco and Morales Nydia
Current Estimated Value
$375,000
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
Morales Francisco $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Global Goodwin Group Llc $434,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2019 04/17/19 Sold $248,750 -9.5% --
03/29/2019 03/29/19 Pending -- -- --
03/20/2019 03/20/19 For Sale $275,000 +10.6% --
03/19/2019 03/19/19 Off Market $248,750 -- --
03/19/2019 03/19/19 Price Changed $275,000 0.0% --
03/19/2019 03/19/19 For Sale $275,000 +10.6% --
03/15/2019 03/15/19 Off Market $248,750 -- --
03/11/2019 03/11/19 Price Changed $300,000 +7.1% --
03/11/2019 03/11/19 For Sale $280,000 0.0% --
12/24/2018 12/24/18 Pending -- -- --
12/13/2018 12/13/18 For Sale $280,000 -- --
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 $3,109 $309,000 $61,800 $247,200
2024 $3,109 $309,000 $61,800 $247,200
2023 $3,109 $222,100 $44,420 $177,680
2022 $1,603 $222,100 $44,420 $177,680
2021 $1,603 $0 $0 $0
2020 $1,603 $0 $0 $0
2019 $1,753 $0 $0 $0
2018 $1,552 $0 $0 $0
2017 $1,552 $0 $0 $0
2016 $1,552 $0 $0 $0
2015 $1,486 $0 $0 $0
2014 -- $110,900 $10,102 $100,798
2012 -- $11,520 $2,529 $8,991
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH408738

Bright MLS

APN: 422104000