NOT LISTED FOR SALE

Estimated Value: $736,000 - $885,359

-- Bed
-- Bath
3,129 Sq Ft
$254/Sq Ft Est. Value

Last Sold November 03, 2015

Last sale price $427,500 $137 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $4,856/month

71 Days on Market

Highlights

  • No HOA
  • 2-minute walk to Chester Avenue And 47Th Street
  • Wood Siding
  • En-Suite Primary Bedroom
  • Laundry Facilities
  • Heating System Uses Gas

About This Home

As of November 2015

Lovely three story Queen Anne style turn of the century Victorian twin. This converted single family home is well suited for the investor of for an owner occupant seeking a large owners unit. The first floor offer a front studio unit with kitchen and bathroom. In the rear is a larger one bedroom apartment with rear yard/garden area, oak/pine flooring full kitchen and bath. The second floor offers a very large one bedroom unit with separate living, bedroom and kitchen areas along with full bath. The third floor unit is also a very large three room one bedroom unit with separate living room, bedroom, kitchen and bath, with oak/pine flooring There is also the added attraction of a 4th floor/attic storage area that is fully finished with lighting and supplemental heat. Either the 2nd floor or the third floor units would make for a very nice and large owners unit. Other features include recent gas heater installation, laundry in the basement, separation for electric in each unit, large basement storage area. Rear, side and front yards. The property is located on a lovely residential block of Victorian homes in a very pretty and active part of growing University City.

Last Agent to Sell the Property

Arthur Bye

New Age Realty Group Inc Listed on: 06/30/2015

Last Buyer's Agent

Gerardo Suarez

Space & Company

Space & Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,612

Year Built

  • Built in 1891

Lot Details

  • 3,450 Sq Ft Lot
  • Lot Dimensions are 30x115
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 3,129 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 461111800

Community Details

Overview

  • No Home Owners Association
  • University City Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Electric Expense $1,247
  • Insurance Expense $2,244
  • Operating Expense $12,510

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,612

Year Built

Built in 1891

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1891
  • Remarks Public: Lovely three story Queen Anne style turn of the century Victorian twin. This converted single family home is well suited for the investor of for an owner occupant seeking a large owners unit. The first floor offer a front studio unit with kitchen and bathroom. In the rear is a larger one bedroom apartment with rear yard/garden area, oak/pine flooring full kitchen and bath. The second floor offers a very large one bedroom unit with separate living, bedroom and kitchen areas along with full bath. The third floor unit is also a very large three room one bedroom unit with separate living room, bedroom, kitchen and bath, with oak/pine flooring There is also the added attraction of a 4th floor/attic storage area that is fully finished with lighting and supplemental heat. Either the 2nd floor or the third floor units would make for a very nice and large owners unit. Other features include recent gas heater installation, laundry in the basement, separation for electric in each unit, large basement storage area. Rear, side and front yards. The property is located on a lovely residential block of Victorian homes in a very pretty and active part of growing University City.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Common, Has Laundry
  • Total Sq Ft: 3129
  • Living Area Sq Ft: 3129
  • Price Per Sq Ft: 143.82
  • Above Grade Finished Sq Ft: 3129
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4711

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding, 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

Utilities

  • Annual Heating Expense: 3033.00
  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Electric Expense: 1247.00
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1374.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Improvement Assessed Value: 254653.00
  • Land Assessed Value: 89547.00
  • Land Use Code: N50
  • Lot Size Acres: 0.08
  • Lot Dimensions: 30X115
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3450.00
  • Property Condition: Good
  • Zoning: RSA3

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 42540.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Single Room Units Count: 1

Tax Info

  • Assessor Parcel Number: 1215213
  • Tax Annual Amount: 4612.00
  • Assessor Parcel Number: 461111800
  • Tax Lot: 30
  • Tax Year: 2015
  • Close Date: 11/03/2015

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2015
Closed on
Nov 6, 2015
Sold by
Corneh Nika
Bought by
Butler Mark A
Seller's Agent
Arthur Bye
New Age Realty Group Inc
Buyer's Agent
Gerardo Suarez
Space & Company
List Price
$475,000
Sold Price
$427,500
Premium/Discount to List
-$47,500
-10%
Current Estimated Value
$793,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,286
Avg. Annual Appreciation
6.47%
Original Mortgage
$277,500
Outstanding Balance
$220,049
Interest Rate
3.87%
Mortgage Type
Commercial
Estimated Equity
$570,433

Purchase Details

Closed on
May 26, 2007
Sold by
Corneh Abubacar and Corneh Nika
Bought by
Corneh Nika

Purchase Details

Closed on
Dec 2, 2004
Sold by
Corneh Abubacar and Corneh Nika
Bought by
Corneh Abubacar and Corneh Nika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.69%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 23, 1998
Sold by
Raymond William J and Raymond Ann
Bought by
Corneh Abubakar and Corneh Nika
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
Butler Mark A $427,500 None Available
Corneh Nika -- None Available
Corneh Abubacar -- Commonwealth Title
Corneh Abubakar $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butler Mark A $277,500
Previous Owner Corneh Nika $220,000
Previous Owner Corneh Abubacar $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2015 11/03/15 Sold $427,500 -10.0% $137 / Sq Ft
09/09/2015 09/09/15 Pending -- -- --
06/30/2015 06/30/15 For Sale $475,000 -- $152 / 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 $6,366 $685,000 $137,000 $548,000
2024 $6,366 $685,000 $137,000 $548,000
2023 $6,366 $454,800 $90,960 $363,840
2022 $6,224 $454,800 $90,960 $363,840
2021 $6,224 $0 $0 $0
2020 $6,224 $0 $0 $0
2019 $5,991 $0 $0 $0
2018 $5,231 $0 $0 $0
2017 $5,231 $0 $0 $0
2016 $5,231 $0 $0 $0
2015 $4,612 $0 $0 $0
2014 -- $344,200 $89,547 $254,653
2012 -- $31,072 $7,189 $23,883
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002646462

Bright MLS

APN: 461111800