NOT LISTED FOR SALE

446 W Somerville Ave Philadelphia, PA 19120

Olney Neighborhood

Estimated Value: $564,090

-- Bed
-- Bath
4,500 Sq Ft
$125/Sq Ft Est. Value

Last Sold April 04, 2023

Last sale price $505,000 $112 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,378/month

126 Days on Market

Highlights

  • Doors with lever handles
  • Electric Baseboard Heater
  • Dwelling with Rental
  • Tile or Brick Flooring

About This Home

As of April 2023

Large property along N 5th street and corner Somerville St including:
1. First Floor front: Nails Salon. Rent: $1000 per month.
2. First Floor middle: Hair Salon. Rent:$650 per month.
3. First Floor rear: Cell Phone stores. Rent $800 per month.
4. Second Floor front: 1BR, 1 Bath. Rent: $400 per month.
5. Second Floor rear: 1BR, 1 Bath. Rent: $500 per month.
6. Third Floor: 2BR, 1 Bath. Rent:$600 per month.

All units are renting.

Last Agent to Sell the Property

Tron Lam

Tron Lam Realty Group License #SB065648 Listed on: 10/20/2022

Last Buyer's Agent

AEMAN MOHAMAD

Realty Mark Cityscape-Huntingdon Valley

Realty Mark Cityscape-Huntingdon Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,654

Year Built

  • Built in 1930 | Remodeled in 1993

Lot Details

  • 2,200 Sq Ft Lot
  • Lot Dimensions are 20.00 x 110.00

Parking

  • On-Street Parking

Home Design

  • 4,500 Sq Ft Home
  • Quadruplex
  • Dwelling with Rental
  • Flat Roof Shape
  • Permanent Foundation
  • Masonry

Flooring

  • Tile or Brick
  • Vinyl

Accessible Home Design

  • Doors with lever handles

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Baseboard Heater
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • 4 Units
  • 3-Story Building

Listing and Financial Details

  • Tax Lot 3014
  • Assessor Parcel Number 871565230

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,654

Year Built

Built in 1930 | Remodeled in 1993

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Dwelling With Rental
  • Accessibility Features: Doors - Lever Handle(s)
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1930
  • Year Renovated: 1993
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Large property along N 5th street and corner Somerville St including: 1. First Floor front: Nails Salon. Rent: $1000 per month. 2. First Floor middle: Hair Salon. Rent:$650 per month. 3. First Floor rear: Cell Phone stores. Rent $800 per month. 4. Second Floor front: 1BR, 1 Bath. Rent: $400 per month. 5. Second Floor rear: 1BR, 1 Bath. Rent: $500 per month. 6. Third Floor: 2BR, 1 Bath. Rent:$600 per month. All units are renting.
  • Special Features: None

Interior Features

  • Flooring Type: Tile/Brick, Vinyl
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Permanent
  • Total Sq Ft: 4500
  • Living Area Sq Ft: 4500
  • Price Per Sq Ft: 122.22
  • Above Grade Finished Sq Ft: 4500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 446

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Exterior Features: Sidewalks
  • Roof: Flat
  • Spa: No
  • 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: Electric
  • Cooling Type: Wall Unit
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available, Water Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Association Recreation Fee: 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: 208880.00
  • Land Assessed Value: 52220.00
  • Land Use Code: Y50
  • Lot Size Acres: 0.05
  • Lot Dimensions: 20.00 x 110.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2200.00
  • Year Assessed: 2023
  • Zoning: CMX25

Rental Info

  • Existing Lease Type: Gross
  • Ground Rent Exists: No
  • Rent Control: No
  • Total Actual Rent: 4250.00
  • Units Leased Count: 6
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1188135
  • School Tax: 2005.00
  • Tax Annual Amount: 3654.00
  • Assessor Parcel Number: 871565230
  • Tax Lot: 3014
  • Tax Total Finished Sq Ft: 4500
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 04/04/2023

Multi Family

  • Single Room Units Count: 2

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2022
Closed on
Apr 4, 2023
Sold by
Kou Hong Chi
Bought by
Khalil Mazen
Seller's Agent
Tron Lam
Tron Lam Realty Group
Buyer's Agent
AEMAN MOHAMAD
Realty Mark Cityscape-Huntingdon Valley
List Price
$550,000
Sold Price
$505,000
Premium/Discount to List
-$45,000
-8.18%
Views
29
Current Estimated Value
$564,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,090
Avg. Annual Appreciation
4.32%

Purchase Details

Closed on
Jun 30, 1993
Bought by
Hong Chi Kou and Ling Mai Cheo
Source: Public Records

Range of Values:

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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
Khalil Mazen $505,000 None Listed On Document
Hong Chi Kou $144,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2023 04/04/23 Sold $505,000 -8.2% $112 / Sq Ft
02/23/2023 02/23/23 Pending -- -- --
02/23/2023 02/23/23 For Sale $550,000 0.0% $122 / Sq Ft
02/20/2023 02/20/23 Pending -- -- --
02/17/2023 02/17/23 For Sale $550,000 +8.9% $122 / Sq Ft
01/06/2023 01/06/23 Pending -- -- --
12/27/2022 12/27/22 Off Market $505,000 -- --
12/14/2022 12/14/22 For Sale $550,000 +8.9% $122 / Sq Ft
11/29/2022 11/29/22 Off Market $505,000 -- --
10/20/2022 10/20/22 For Sale $550,000 -- $122 / 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 $3,655 $342,000 $68,400 $273,600
2024 $3,655 $342,000 $68,400 $273,600
2023 $3,655 $261,100 $52,220 $208,880
2022 $3,655 $261,100 $52,220 $208,880
2021 $4,586 $0 $0 $0
2020 $4,586 $0 $0 $0
2019 $4,541 $0 $0 $0
2018 $5,109 $0 $0 $0
2017 $4,184 $0 $0 $0
2016 $4,184 $0 $0 $0
2015 $4,005 $0 $0 $0
2014 -- $298,900 $18,265 $280,635
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    Tron Lam

    Tron Lam Realty Group

    (215) 514-1511

    15 in this area

    92 Total Sales

    Tron Lam
    Section Image
  • AEMAN MOHAMAD

    Buyer's Agent in 2023

    AEMAN MOHAMAD

    Realty Mark Cityscape-Huntingdon Valley

    (215) 300-1060

    1 in this area

    1 Total Sale

    AEMAN MOHAMAD
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH2171840

Bright MLS

APN: 871565230

Pennsylvania Philadelphia County Philadelphia 19120 Olney

446 W Somerville Ave, Philadelphia, PA

This home is located at 446 W Somerville Ave, Philadelphia, PA 19120 since 20 October 2022 and is currently estimated at $564,090, approximately $125 per square foot. This property was built in 1930. 446 W Somerville Ave is a home located in Philadelphia County with nearby schools including Andrew J. Morrison School, Birney Preparatory Academy, and Olney Charter High School.

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