NOT LISTED FOR SALE

4617 Kingsessing Ave Philadelphia, PA 19143

Cedar Park Neighborhood

Estimated Value: $552,413 - $655,000

6 Beds
3 Baths
2,352 Sq Ft
$260/Sq Ft Est. Value

Last Sold June 15, 2016

Last sale price $325,000 $138 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $3,847/month

Highlights

  • Traditional Architecture
  • 2-minute walk to Chester Avenue And 46Th Street
  • Eat-In Kitchen
  • 1 Fireplace
  • No HOA
  • Living Room

About This Home

As of June 2016

This home located in Spruce Hill is a great investment opportunity right next to University of the Sciences, Drexel, and Penn. The property is currently being used as student housing and is generating a great monthly income of $2700, and expected to increase to $3000 shortly. The home has recently been updated with hardwood flooring and fresh paint throughout. The home also offers great off street parking with a driveway located in the backyard. Don't let this great investment opportunity slip away.

Last Agent to Sell the Property

Zach Behr

(215) 664-1008 zach@zachbehr.com Keller Williams Real Estate-Blue Bell License #RS290017 Listed on: 04/08/2016

Keller Williams Real Estate-Blue Bell

Last Buyer's Agent

Skye Michiels

skye@compass.com Compass RE

Compass RE

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,527

Year Built

  • Built in 1936

Lot Details

  • 1,872 Sq Ft Lot
  • Lot Dimensions are 16x117
  • Property is in good condition

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,352 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Living Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 149
  • Assessor Parcel Number 461140900

Community Details

Overview

  • No Home Owners Association
  • Spruce Hill Subdivision

Amenities

  • Laundry Facilities

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,527

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1936
  • Remarks Public: This home located in Spruce Hill is a great investment opportunity right next to University of the Sciences, Drexel, and Penn. The property is currently being used as student housing and is generating a great monthly income of $2700, and expected to increase to $3000 shortly. The home has recently been updated with hardwood flooring and fresh paint throughout. The home also offers great off street parking with a driveway located in the backyard. Don't let this great investment opportunity slip away.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Shared
  • Total Sq Ft: 2352
  • Living Area Sq Ft: 2352
  • Net Sq Ft: 2352.00
  • Price Per Sq Ft: 136.01
  • Above Grade Finished Sq Ft: 2352
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4617

Beds/Baths

  • Bedrooms: 6
  • Total Bathrooms: 3
  • Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Improvement Assessed Value: 274811.00
  • Land Assessed Value: 48589.00
  • Land Use Code: O50
  • Lot Size Acres: 0.04
  • Lot Dimensions: 16X117
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1872.00
  • Property Condition: Good
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1215425
  • Tax Annual Amount: 4527.00
  • Assessor Parcel Number: 461140900
  • Tax Lot: 149
  • Tax Year: 2016
  • Close Date: 06/15/2016

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2016
Closed on
Jun 15, 2016
Sold by
Zsq Real Estate Investment Llc
Bought by
Griffiths David and Griffiths Sarah
Seller's Agent
Zach Behr
Keller Williams Real Estate-Blue Bell
Buyer's Agent
Skye Michiels
Compass RE
List Price
$319,900
Sold Price
$325,000
Premium/Discount to List
$5,100
1.59%
Current Estimated Value
$611,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,103
Avg. Annual Appreciation
6.96%
Original Mortgage
$308,750
Outstanding Balance
$245,144
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$365,959

Purchase Details

Listed on
Mar 14, 2013
Closed on
Apr 3, 2013
Sold by
Fine Nina M
Bought by
Zsq Real Estate Investment
Seller's Agent
Paul Starcheski
BHHS Fox & Roach-Center City Walnut
Buyer's Agent
Stephanie Biello
Kurfiss Sotheby's International Realty
List Price
$299,900
Sold Price
$299,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.54%

Purchase Details

Closed on
Sep 3, 2003
Sold by
Simpkins Kya M
Bought by
Fine Nina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 8, 2000
Sold by
Arrington Charles Donald and Arrington Edward Charles
Bought by
Simpkins Kya M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,969
Interest Rate
7.7%
Mortgage Type
FHA
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
Griffiths David $325,000 None Available
Zsq Real Estate Investment $299,900 None Available
Fine Nina M $175,000 --
Simpkins Kya M $60,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffiths David $308,750
Previous Owner Fine Nina M $140,000
Previous Owner Simpkins Kya M $59,969
Closed Fine Nina M $17,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/15/2016 06/15/16 Sold $325,000 +1.6% $138 / Sq Ft
04/17/2016 04/17/16 Pending -- -- --
04/08/2016 04/08/16 For Sale $319,900 +6.7% $136 / Sq Ft
04/05/2013 04/05/13 Sold $299,900 0.0% $128 / Sq Ft View Prior Sale
03/22/2013 03/22/13 Pending -- -- --
03/14/2013 03/14/13 For Sale $299,900 -- $128 / 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 $7,773 $543,800 $108,760 $435,040
2025 $7,773 $543,800 $108,760 $435,040
2024 $7,773 $543,800 $108,760 $435,040
2023 $7,773 $555,300 $111,060 $444,240
2022 $4,582 $555,300 $111,060 $444,240
2021 $4,582 $0 $0 $0
2020 $4,582 $0 $0 $0
2019 $4,411 $0 $0 $0
2018 $4,527 $0 $0 $0
2017 $4,527 $0 $0 $0
2016 $4,527 $0 $0 $0
2015 $4,334 $0 $0 $0
2014 -- $323,400 $48,589 $274,811
2012 -- $17,952 $4,432 $13,520
Source: Public Records

Agents Affiliated with this Home

  • Zach Behr

    Seller's Agent in 2016

    Zach Behr

    Keller Williams Real Estate-Blue Bell

    (215) 664-1008

    360 Total Sales

    Zach Behr
    Section Image

  • S

    Buyer's Agent in 2016

    Skye Michiels

    Compass RE

    (215) 266-4643

    2 Total Sales

    Skye Michiels
    Section Image

  • P

    Seller's Agent in 2013

    Paul Starcheski

    BHHS Fox & Roach

    (267) 257-5876

    4 Total Sales

    Paul Starcheski
    Section Image
  • Stephanie Biello

    Buyer's Agent in 2013

    Stephanie Biello

    Kurfiss Sotheby's International Realty

    (267) 322-9814

    19 Total Sales

    Stephanie Biello
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002411096

Bright MLS

APN: 461140900

Pennsylvania Philadelphia County Philadelphia 19143 Cedar Park

4617 Kingsessing Ave, Philadelphia, PA

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