NOT LISTED FOR SALE

Estimated Value: $341,000 - $379,000

-- Bed
-- Bath
2,760 Sq Ft
$130/Sq Ft Est. Value

Last Sold December 27, 2023

Last sale price $345,000 $125 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,310/month

20 Days on Market

Highlights

  • Hot Water Heating System
  • 3-minute walk to 46Th Street
  • 1-minute walk to Walnut Hill Community Playground

About This Home

As of December 2023

READY TO START YOUR PROJECT TOMORROW!!!!

Situated conveniently near University City, this duplex -to-quadplex conversion presents a prime investment opportunity. Approved plans by architects and transferable permits have added value to the property. The MEP systems have been inspected and approved, and the utility plan has full approval, ensuring compliance. The 10 year tax abatement pending and will be approve by the end of the construction. The potential yearly income of $84k is offered by the versatile layout, featuring a spacious 3-bedroom unit, two comfortable 2-bedroom units, and a cozy 1-bedroom unit, each with laundry facilities. As well as a large basement, with high ceilings. Considerable progress has been made with demo work and preparation for construction . With the permits and approved plans, it adds over $50k value. This property is ready for its transformation into a highly profitable quadplex.

Last Agent to Sell the Property

Zach Behr

Keller Williams Real Estate-Blue Bell License #RS290017 Listed on: 11/06/2023

Keller Williams Real Estate-Blue Bell

Co-Listed By

Laura Behr

Keller Williams Real Estate-Blue Bell License #RS350672

Last Buyer's Agent

Isiah Laws

HomeSmart Realty Advisors License #RS326703

HomeSmart Realty Advisors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,063

Year Built

  • Built in 1923

Lot Details

  • 1,940 Sq Ft Lot
  • Lot Dimensions are 20.00 x 97.00

Parking

  • On-Street Parking

Home Design

  • 2,760 Sq Ft Home
  • Quadruplex
  • Concrete Perimeter Foundation
  • Masonry

Schools

  • West Philadelphia High School

Utilities

  • Hot Water Heating System

Additional Features

  • Unfinished Basement

Community Details

  • 2 Units
  • 4 Vacant Units

Listing and Financial Details

  • Tax Lot 114
  • Assessor Parcel Number 601033100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,063

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1923
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2760
  • Living Area Sq Ft: 2760
  • Price Per Sq Ft: 126.81
  • Above Grade Finished Sq Ft: 2760
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4630

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
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • High School: WEST PHILADELPHIA
  • High School Source: 3rd Party
  • School District Key: 300200397108
  • School District Source: 3rd Party
  • High School: WEST PHILADELPHIA

Lot Info

  • Land Use Code: W30
  • Lot Size Acres: 0.04
  • Lot Dimensions: 20.00 x 97.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1940.00
  • Year Assessed: 2023
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2229.00
  • Tax Annual Amount: 4063.00
  • Assessor Parcel Number: 601033100
  • Tax Lot: 114
  • Tax Total Finished Sq Ft: 2760
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 12/27/2023

Multi Family

  • Number Of Units Vacant: 4

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2023
Closed on
Dec 27, 2023
Sold by
Michael Capital Investments Llc
Bought by
Castle Views Llc
Seller's Agent
Zach Behr
Keller Williams Real Estate-Blue Bell
Buyer's Agent
Isiah Laws
HomeSmart Realty Advisors
List Price
$350,000
Sold Price
$345,000
Premium/Discount to List
-$5,000
-1.43%
Views
106
Current Estimated Value
$360,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,000
Avg. Annual Appreciation
2.66%
Original Mortgage
$546,400
Interest Rate
7.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2022
Sold by
Kristen Furtak
Bought by
Miciiael Capital Investments Llc

Purchase Details

Closed on
Feb 11, 2008
Sold by
Furtak Kristen and Harris Zachary Marcus
Bought by
Furtak Kristen

Purchase Details

Closed on
Sep 28, 2007
Sold by
Furtak Kristen
Bought by
Harris Zachary Marcus and Furtak Kristen

Purchase Details

Closed on
Mar 8, 2007
Sold by
Kinney Clarence L and Kinney Geraldine W
Bought by
Furtak Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
6.25%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Castle Views Llc $345,000 Ac Abstract
Miciiael Capital Investments Llc $250,000 None Listed On Document
Furtak Kristen $19,318 None Available
Harris Zachary Marcus $17,966 None Available
Furtak Kristen $85,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Castle Views Llc $546,400
Previous Owner Halpin Thomas J $367,500
Previous Owner Furtak Kristen $95,200
Previous Owner Furtak Kristen $76,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2023 12/27/23 Sold $345,000 -1.4% $125 / Sq Ft
11/26/2023 11/26/23 Pending -- -- --
11/06/2023 11/06/23 For Sale $350,000 -- $127 / 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 $4,064 $377,300 $75,460 $301,840
2024 $4,064 $377,300 $75,460 $301,840
2023 $4,064 $290,300 $58,060 $232,240
2022 $2,728 $290,300 $58,060 $232,240
2021 $2,728 $0 $0 $0
2020 $2,728 $0 $0 $0
2019 $2,626 $0 $0 $0
2018 $2,122 $0 $0 $0
2017 $2,122 $0 $0 $0
2016 $2,122 $0 $0 $0
2015 $2,542 $0 $0 $0
2014 -- $189,700 $19,037 $170,663
2012 -- $10,976 $2,683 $8,293
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2292772

Bright MLS

APN: 601033100