NOT LISTED FOR SALE

Estimated Value: $292,000 - $309,949

-- Bed
3 Baths
2,412 Sq Ft
$125/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $246,000 $102 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,838/month

3 Days on Market

Highlights

  • Traditional Architecture
  • 4-minute walk to Queen Lane
  • Electric Baseboard Heater
  • No HOA
  • Balcony

About This Home

As of September 2021

3 units property with great rental income. Each unit is one bedroom apartment rented for $700 a month, tenant pays for all utility, lawn and snow care . Landlord just need to pay for water and 2nd to 3Fl staircase electricity bill . 1 Fl Long term tenant on month to month lease. 2 Fl are Long term tenants lease ends 6/31/22,and 3 FL tenant just move in lease ends 6/31/22. All three tenant pays on time. Seller is a PA Real estate agent, and property being sold as is condition. Showing - Saturday and Sunday only

Last Agent to Sell the Property

Amy Chen

(888) 260-0040 amychen338@gmail.com Realty Mark Cityscape-King of Prussia License #RS304772 Listed on: 08/06/2021

Realty Mark Cityscape-King of Prussia

Last Buyer's Agent

Amy Chen

(888) 260-0040 amychen338@gmail.com Realty Mark Cityscape-King of Prussia License #RS304772 Listed on: 08/06/2021

Realty Mark Cityscape-King of Prussia

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,887

Year Built

  • Built in 1920 | Remodeled in 2016

Lot Details

  • 2,300 Sq Ft Lot
  • Lot Dimensions are 23.00 x 100.00

Home Design

  • Triplex
  • Traditional Architecture
  • Masonry

Interior Spaces

  • 2,412 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Balcony

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for repairs, real estate taxes, trash collection, water
  • Tax Lot 124
  • Assessor Parcel Number 123113400

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Rent Control
  • Insurance Expense $895
  • Trash Expense $550

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,887

Year Built

Built in 1920 | Remodeled in 2016

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: 1920
  • Year Renovated: 2016
  • Automatically Close On Close Date: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Unfinished, Full
  • Total Sq Ft: 2412
  • Living Area Sq Ft: 2412
  • Price Per Sq Ft: 103.65
  • Above Grade Finished Sq Ft: 2412
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Previous Twelve Months Electric Expense: 384.00
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Water Available, Sewer Available
  • Water Previous Twelve Months: 864.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 23.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2300.00
  • Outdoor Living Structures: Balcony
  • Zoning: RSA3

Rental Info

  • Existing Lease Type: Yearly, Month To Month
  • Number Of Units Month To Month: 1
  • Owner Pays: Repairs, Taxes - Real Estate, Trash Collection, Water
  • Rent Control: Yes
  • Total Actual Rent: 25200.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 1035.00
  • Tax Annual Amount: 1887.00
  • Assessor Parcel Number: 123113400
  • Tax Lot: 124
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2021
Closed on
Sep 24, 2021
Sold by
Chen Jin Yi
Bought by
Wilson Michael S
Seller's Agent
Amy Chen
Realty Mark Cityscape-King of Prussia
Buyer's Agent
Amy Chen
Realty Mark Cityscape-King of Prussia
List Price
$199,999
Sold Price
$246,000
Premium/Discount to List
$46,001
23%
Current Estimated Value
$301,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,650
Avg. Annual Appreciation
5.02%
Original Mortgage
$184,500
Outstanding Balance
$167,515
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$134,135

Purchase Details

Closed on
Jan 27, 2016
Sold by
Liberated Property Holdings Iv Llc
Bought by
Chen Jin Yi

Purchase Details

Closed on
Nov 20, 2009
Sold by
Hsbc Bank Usa National Association
Bought by
Liberated Property Holdings Iv Llc

Purchase Details

Closed on
Sep 2, 2008
Sold by
Haines Charles
Bought by
Hsbc Bank Usa Na

Purchase Details

Closed on
Feb 10, 2003
Sold by
Boykin Edward
Bought by
Haines Charles
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Wilson Michael S $246,000 First City Abstract Agcy Inc
Chen Jin Yi $62,000 None Available
Liberated Property Holdings Iv Llc $61,900 None Available
Hsbc Bank Usa Na $11,300 None Available
Haines Charles $41,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Michael S $184,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2021 09/24/21 Sold $246,000 0.0% $102 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
08/09/2021 08/09/21 Off Market $246,000 -- --
08/09/2021 08/09/21 Price Changed $249,999 +25.0% $104 / Sq Ft
08/06/2021 08/06/21 For Sale $199,999 -- $83 / 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 $2,973 $312,700 $62,540 $250,160
2025 $2,973 $312,700 $62,540 $250,160
2024 $2,973 $312,700 $62,540 $250,160
2023 $2,973 $212,400 $42,480 $169,920
2022 $1,887 $212,400 $42,480 $169,920
2021 $1,887 $0 $0 $0
2020 $1,887 $134,800 $20,220 $114,580
2019 $1,862 $0 $0 $0
2018 $2,020 $0 $0 $0
2017 $2,020 $0 $0 $0
2016 $2,020 $0 $0 $0
2015 $2,014 $0 $0 $0
2014 -- $150,300 $17,158 $133,142
2012 -- $13,632 $2,474 $11,158
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAPH2018746

Bright MLS

APN: 123113400