NOT LISTED FOR SALE

Estimated Value: $675,000 - $826,814

-- Bed
4 Baths
3,024 Sq Ft
$247/Sq Ft Est. Value

Last Sold June 14, 2022

Last sale price $750,000 $248 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,419/month

Highlights

  • Fireplace
  • 1-minute walk to Baltimore Avenue And 47Th Street
  • Hot Water Heating System
  • Forced Air Heating System

About This Home

As of June 2022

This sun-filled 4 unit West Philly twin is at the corner of 47th St. & Hazel Ave. in the Garden Court neighborhood of University City. Currently vacant, it will easily bring in $55K/year - or more - and tenants pay their own gas, electric and heat. The apartments come in a variety of sizes and shapes: on the first floor, a 2BR flat with an enclosed front porch and a back patio; a bilevel 2nd/3rd floor front 2BR with a balcony overlooking Hazel Ave., and two 1BR rear apartments, one with a raised ceiling and a catwalk overlooking the living room and kitchen below. There's also a parking space behind the house - a rare bonus in the city! Sweet details are everywhere: hand-made kitchen cabinet handles, decorative original mantles, custom ironwork for the balcony & rear patio railings, exposed brick walls, and skylights and bay windows which bring in the sunshine. The seller has paid close attention to detail for the work he's done, including kitchen & bath rehabs, custom roofing with copper flashing, and many higher-quality replacement windows. The location is within the Henry C. Lea (K-8) School’s small catchment area; the University of Pennsylvania recently formalized its relationship with Lea, which will bring new resources and strengths to the school over the next five years.

Last Agent to Sell the Property

Jeff Block

(215) 833-7088 jeff@jeffcityblock.com Compass RE License #AB065556 Listed on: 05/17/2022

Compass RE

Last Buyer's Agent

Christopher Hvostal

(267) 825-1192 chris@hvostalgroup.com KW Empower License #RS333378

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,558

Year Built

  • Built in 1900

Lot Details

  • 1,995 Sq Ft Lot
  • Lot Dimensions are 19.00 x 105.00

Home Design

  • Quadruplex
  • Bi-Level Home
  • Stone Foundation
  • Masonry

Interior Spaces

  • 3,024 Sq Ft Home
  • Fireplace

Unfinished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Side Exterior Basement Entry

Parking

  • 1 Parking Space
  • 1 Driveway Space
  • Off-Street Parking

Schools

  • Henry C. Lea Elementary And Middle School

Utilities

  • Forced Air Heating System
  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 97
  • Assessor Parcel Number 461066000

Community Details

Overview

  • 4 Units
  • 3-Story Building
  • University City Subdivision

Building Details

  • 4 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,558

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Unit/Flat, Bi-Level
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2022-05-19
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: This sun-filled 4 unit West Philly twin is at the corner of 47th St. & Hazel Ave. in the Garden Court neighborhood of University City. Currently vacant, it will easily bring in $55K/year - or more - and tenants pay their own gas, electric and heat. The apartments come in a variety of sizes and shapes: on the first floor, a 2BR flat with an enclosed front porch and a back patio; a bilevel 2nd/3rd floor front 2BR with a balcony overlooking Hazel Ave., and two 1BR rear apartments, one with a raised ceiling and a catwalk overlooking the living room and kitchen below. There's also a parking space behind the house - a rare bonus in the city! Sweet details are everywhere: hand-made kitchen cabinet handles, decorative original mantles, custom ironwork for the balcony & rear patio railings, exposed brick walls, and skylights and bay windows which bring in the sunshine. The seller has paid close attention to detail for the work he's done, including kitchen & bath rehabs, custom roofing with copper flashing, and many higher-quality replacement windows. The location is within the Henry C. Lea (K-8) School’s small catchment area; the University of Pennsylvania recently formalized its relationship with Lea, which will bring new resources and strengths to the school over the next five years.
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Side Entrance, Unfinished, Walkout Level
  • Total Sq Ft: 3024
  • Living Area Sq Ft: 3024
  • Price Per Sq Ft: 231.15
  • Above Grade Finished Sq Ft: 3024
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4700

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
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Off Street
  • Number of Spaces in Driveway: 1

Utilities

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

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • Elementary School: HENRY C. LEA SCHOOL
  • Middle School: HENRY C. LEA SCHOOL
  • Elementary School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 300200397108
  • School District Source: 3rd Party
  • Elementary School: HENRY C. LEA SCHOOL
  • Middle Or Junior School: HENRY C. LEA SCHOOL

Green Features

  • Clean Green Assessed: No
  • Green Remarks: No need to have a car! Plenty of nearby public transportation including the #34 trolley one block away on Baltimore Ave. to whisk you to center city in 15 minutes, stopping at UPenn, Drexel U and the 30th St. transportation hub along the way.

Lot Info

  • Improvement Assessed Value: 398225.00
  • Land Assessed Value: 70275.00
  • Land Use Code: N50
  • Lot Size Acres: 0.05
  • Lot Dimensions: 19.00 x 105.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1995.00
  • Year Assessed: 2022
  • Zoning: RSA3

Rental Info

  • Existing Lease Type: None
  • Total Actual Rent: 55000.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1214898
  • School Tax: 3598.00
  • Tax Annual Amount: 6558.00
  • Assessor Parcel Number: 461066000
  • Tax Lot: 97
  • Tax Total Finished Sq Ft: 3024
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/14/2022

Multi Family

  • Number Of Units Vacant: 4
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2005
Sold by
Mcmorris Vincent and The Provident Bank
Bought by
Barker C Joseph
Current Estimated Value
$745,938

Purchase Details

Closed on
Jan 13, 1997
Sold by
Jefferson Bank
Bought by
Harris Lawrence

Purchase Details

Closed on
Aug 12, 1996
Sold by
Green John D
Bought by
Jefferson Bank
Source: Public Records

Range of Values:

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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
Barker C Joseph $180,000 --
Harris Lawrence $60,000 --
Jefferson Bank $6,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 4700 Hazel Avenue Llc $487,500
Previous Owner Mcmorris Vincent $123,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2022 06/14/22 Sold $750,000 -- $248 / Sq Ft
05/17/2022 05/17/22 Pending -- -- --
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 $5,335 $657,200 $131,440 $525,760
2024 $5,335 $657,200 $131,440 $525,760
2023 $5,335 $381,100 $76,220 $304,880
2022 $6,558 $381,100 $76,220 $304,880
2021 $6,558 $0 $0 $0
2020 $6,558 $0 $0 $0
2019 $6,313 $0 $0 $0
2018 $5,647 $0 $0 $0
2017 $5,647 $0 $0 $0
2016 $5,594 $0 $0 $0
2015 $38,400 $0 $0 $0
2014 -- $393,000 $62,552 $330,448
2012 -- $26,112 $7,173 $18,939
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2116898

Bright MLS

APN: 461066000