NOT LISTED FOR SALE

46 E Washington Ln Philadelphia, PA 19144

East Germantown Neighborhood

Estimated Value: $344,000 - $419,000

Studio
3 Baths
2,680 Sq Ft
$142/Sq Ft Est. Value

Last Sold August 15, 2024

Last sale price $365,000 $136 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,399/month

14 Days on Market

Highlights

  • Wood Flooring
  • Ceiling Fan
  • Hot Water Heating System

About This Home

As of August 2024

This updated triplex offers a fantastic opportunity for homeowners or investors. The upgraded first-floor unit features 2 bedrooms, 1 bathroom, stainless steel appliances, a finished basement, and private fenced outdoor patio. Move in with 20% down, rent out the other two units (potential income of $2,200/month), and live practically mortgage-free. Enjoy financial stability, peace of mind, and a stress-free living situation. Alternatively, rent out all three units for a potential income of $3,800/month!
Completely remodeled in 2011, the property boasts inviting layouts in all three units. A lush front porch overlooks flowering trees and greenery. Unit 2 has 2 bedrooms, 1 bathroom, a flexible front room (living room or bedroom), and an eat-in kitchen. Unit 3 features an open feel with 1 bedroom, 1 bathroom, and the original front bedroom converted into additional living space.
Separate electric meters offer individual control and billing, buyer is responsible for zoning verification. Invest and reap the benefits, or enjoy living in historic Germantown, close to shopping, public transit, and Philadelphia's parks, trails, and forests. This triplex could be the perfect fit for you!

Last Agent to Sell the Property

Benjamin Camp

(610) 220-8550 ben@elfantwissahickon.com Elfant Wissahickon-Rittenhouse Square Listed on: 05/23/2024

Elfant Wissahickon-Rittenhouse Square

Last Buyer's Agent

Emily Espada-Jackson

(215) 440-6070 emily.espadajackson@nacared.com Neighborhood Assistance Corporation of America

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,942

Year Built

  • Built in 1900 | Remodeled in 2011

Lot Details

  • 2,207 Sq Ft Lot
  • Lot Dimensions are 20.00 x 108.00

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Stone Foundation
  • Shingle Roof
  • Stone Siding

Interior Spaces

  • Ceiling Fan
  • Window Treatments
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Schools

  • Roosevelt Theodore Elementary School
  • Theodore Roosevelt Middle School
  • Martin Luther King High School

Utilities

  • Hot Water Heating System
  • 200+ Amp Service
  • Electric Water Heater

Community Details

  • 3 Units
  • Germantown Subdivision

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 592135300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,942

Year Built

Built in 1900 | Remodeled in 2011

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Washers, dryers, refrigerators in as-is condition
  • New Construction: No
  • Year Built: 1900
  • Year Renovated: 2011
  • Automatically Close On Close Date: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring Type: Wood
  • Interior Amenities: Ceiling Fan(s), Window Treatments
  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Total Sq Ft: 2680
  • Living Area Sq Ft: 2680
  • Price Per Sq Ft: 187.50
  • Above Grade Finished Sq Ft: 2080
  • Below Grade Finished Sq Ft: 600
  • Total Below Grade Sq Ft: 600
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stone
  • Roof: Shingle
  • 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
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: ROOSEVELT THEODORE
  • High School: MARTIN LUTHER KING
  • Middle Or Junior School: THEODORE ROOSEVELT

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 20.00 x 108.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2207.00
  • Zoning: RSA3
  • Zoning Description: Property has been used as a triplex since the current owner purchased it, with a rental license. Seller cannot guarantee zoning.

Rental Info

  • Total Actual Rent: 45600.00
  • Vacation Rental: No

Tax Info

  • School Tax: 1614.00
  • Tax Annual Amount: 2942.00
  • Assessor Parcel Number: 592135300
  • Tax Lot: 23
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Aug 7, 2024
Sold by
Almiron Nilda Erika
Bought by
Jeudy Micheline
Seller's Agent
Benjamin Camp
Elfant Wissahickon-Rittenhouse Square
Buyer's Agent
Emily Espada-Jackson
Neighborhood Assistance Corporation of America
List Price
$390,000
Sold Price
$365,000
Premium/Discount to List
-$25,000
-6.41%
Views
15
Current Estimated Value
$416,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,000
Avg. Annual Appreciation
3.19%
Original Mortgage
$361,000
Outstanding Balance
$25,043
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$356,457

Purchase Details

Closed on
Apr 8, 2011
Sold by
Lugin Irina
Bought by
Almiron Nilda Erika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,083
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 24, 2010
Sold by
Awad Mustafa Salah and Awad Ismail
Bought by
Lungin Irina

Purchase Details

Closed on
Mar 28, 2007
Sold by
Dixon Debra
Bought by
Awad Mustafa Salah and Awad Ismail
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jeudy Micheline $365,000 None Listed On Document
Almiron Nilda Erika $189,900 None Available
Lungin Irina $40,000 None Available
Awad Mustafa Salah $75,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jeudy Micheline $361,000
Closed Jeudy Micheline $397,100
Previous Owner Almiron Nilda Erika $185,083
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2024 08/15/24 Sold $365,000 -6.4% $136 / Sq Ft
06/06/2024 06/06/24 Pending -- -- --
05/23/2024 05/23/24 For Sale $390,000 0.0% $146 / Sq Ft
01/16/2020 01/16/20 Rented $800 0.0% --
12/03/2019 12/03/19 Under Contract -- -- --
11/05/2019 11/05/19 Price Changed $800 -8.6% $0 / Sq Ft
09/16/2019 09/16/19 For Rent $875 -- --
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 $2,942 $302,700 $60,540 $242,160
2025 $2,942 $302,700 $60,540 $242,160
2024 $2,942 $302,699 $60,540 $242,159
2023 $2,942 $210,199 $42,040 $168,159
2022 $1,284 $190,200 $42,040 $148,160
2021 $1,564 $0 $0 $0
2020 $1,564 $0 $0 $0
2019 $1,543 $0 $0 $0
2017 $2,475 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Benjamin Camp

    Seller's Agent in 2024

    Benjamin Camp

    Elfant Wissahickon-Rittenhouse Square

    (610) 220-8550

    4 in this area

    110 Total Sales

    Benjamin Camp
    Section Image

  • E

    Buyer's Agent in 2024

    Emily Espada-Jackson

    Neighborhood Assistance Corporation of America

    (215) 440-6070

    2 in this area

    15 Total Sales

    Emily Espada-Jackson
    Section Image
  • Jerome Washington

    Buyer Co-Listing Agent in 2024

    Jerome Washington

    Neighborhood Assistance Corp. of America (NACA)

    (856) 888-4393

    6 in this area

    197 Total Sales

    Jerome Washington
    Section Image
  • Nestor Colon

    Seller's Agent in 2020

    Nestor Colon

    Eliakim Realty Inc

    (215) 200-1089

    29 Total Sales

    Nestor Colon
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAPH2356106

Bright MLS

APN: 592135300

Pennsylvania Philadelphia County Philadelphia 19144 East Germantown

46 E Washington Ln, Philadelphia, PA

Not Listed for Sale

MultiFamily

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