NOT LISTED FOR SALE

4721 Melrose St Unit 23 Philadelphia, PA 19137

Frankford Neighborhood

Estimated Value: $277,550 - $350,000

-- Bed
4 Baths
2,250 Sq Ft
$138/Sq Ft Est. Value

Last Sold October 28, 2020

Last sale price $225,000 $100 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,101/month

272 Days on Market

Highlights

  • No HOA
  • 2 Car Detached Garage
  • Hot Water Heating System

About This Home

As of October 2020

4 unit apartment with 2 car garage and driveway, currently used as 5 unit, Basement, rear yard, Income $31,680.00, Electric fee appox $35 per month, water and sewer approx $150-190 per month. First floor front $530, First floor efficiency $390, First floor rear 1 bedroom $420. Second floor front 2 bedrooms $550 Second floor 1 bedroom $530, Garage $200.

Last Agent to Sell the Property

Ray Guim

RE/MAX Realty Services-Bensalem License #0682377 Listed on: 10/30/2019

RE/MAX Realty Services-Bensalem

Last Buyer's Agent

Zakiya Eleby

Opulent Realty Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,916

Year Built

  • Built in 1910

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40.00 x 100.00

Parking

  • 2 Car Detached Garage
  • 4 Open Parking Spaces
  • Driveway

Home Design

  • 2,250 Sq Ft Home
  • Quadruplex
  • Masonry

Utilities

  • Hot Water Heating System
  • Natural Gas Water Heater

Additional Features

  • Basement

Community Details

  • No Home Owners Association
  • 4 Units
  • 2-Story Building
  • Bridesburg Subdivision

Listing and Financial Details

  • Tax Lot 272
  • Assessor Parcel Number 453448700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,916

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Remarks Public: 4 unit apartment with 2 car garage and driveway, currently used as 5 unit, Basement, rear yard, Income $31,680.00, Electric fee appox $35 per month, water and sewer approx $150-190 per month. First floor front $530, First floor efficiency $390, First floor rear 1 bedroom $420. Second floor front 2 bedrooms $550 Second floor 1 bedroom $530, Garage $200.
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Total Sq Ft: 2250
  • Living Area Sq Ft: 2250
  • Price Per Sq Ft: 106.22
  • Above Grade Finished Sq Ft: 2250
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4721-23

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 Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 4
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Driveway

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 101716.00
  • Land Assessed Value: 35184.00
  • Land Use Code: N30
  • Lot Size Acres: 0.09
  • Lot Dimensions: 40.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4000.00
  • Year Assessed: 2020
  • Zoning: RSA5

Rental Info

  • Existing Lease Type: Month To Month
  • Total Actual Rent: 31680.00
  • Units Leased Count: 6
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1214311
  • School Tax: 1052.00
  • Tax Annual Amount: 1916.00
  • Assessor Parcel Number: 453448700
  • Tax Lot: 272
  • Tax Total Finished Sq Ft: 2250
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 10/28/2020

Multi Family

  • Single Room Units Count: 1

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2019
Closed on
Oct 28, 2020
Sold by
Meisel Christopher E
Bought by
4721 Melrose Street Llc
Seller's Agent
Ray Guim
RE/MAX Realty Services-Bensalem
Buyer's Agent
Zakiya Eleby
Opulent Realty Group LLC
List Price
$249,900
Sold Price
$225,000
Premium/Discount to List
-$24,900
-9.96%
Current Estimated Value
$313,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,491
Avg. Annual Appreciation
7.03%

Purchase Details

Closed on
May 30, 2013
Sold by
Meisel Jennifer M
Bought by
Meisel Christopher E

Purchase Details

Closed on
Mar 25, 2009
Sold by
Meisel Antoni Erwin and Meisel Donna M
Bought by
Meisel Jennifer M

Purchase Details

Closed on
Oct 24, 1994
Sold by
Meisel M Donna and Meisel Peter C
Bought by
Meisel Antoni Erwin
Source: Public Records

Range of Values:

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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
4721 Melrose Street Llc $225,000 Lancaster Abstract & Escrow
Meisel Christopher E -- None Available
Meisel Jennifer M -- None Available
Meisel Antoni Erwin -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2020 10/28/20 Sold $225,000 -5.9% $100 / Sq Ft
07/28/2020 07/28/20 Pending -- -- --
07/16/2020 07/16/20 Price Changed $239,000 -4.4% $106 / Sq Ft
10/30/2019 10/30/19 For Sale $249,900 -- $111 / 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 $4,720 $328,600 $65,720 $262,880
2024 $4,720 $328,600 $65,720 $262,880
2023 $4,720 $337,200 $67,440 $269,760
2022 $1,916 $337,200 $67,440 $269,760
2021 $1,916 $0 $0 $0
2020 $1,916 $0 $0 $0
2019 $1,779 $0 $0 $0
2018 $2,063 $0 $0 $0
2017 $2,063 $0 $0 $0
2016 $2,048 $0 $0 $0
2015 $1,975 $0 $0 $0
2014 -- $147,400 $45,517 $101,883
2012 -- $16,960 $1,805 $15,155
Source: Public Records

Agents Affiliated with this Home

  • Ray Guim

    Seller's Agent in 2020

    Ray Guim

    RE/MAX

    (215) 990-0700

    1 in this area

    61 Total Sales

    Section Image
  • Zakiya Eleby

    Buyer's Agent in 2020

    Zakiya Eleby

    Opulent Realty Group LLC

    (267) 671-8123

    1 in this area

    81 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH845866

Bright MLS

APN: 453448700

Pennsylvania Philadelphia County Philadelphia 19137 Frankford

4721 Melrose St Unit 23, Philadelphia, PA

This home is located at 4721 Melrose St Unit 23, Philadelphia, PA 19137 since 30 October 2019 and is currently estimated at $310,183, approximately $137 per square foot. This property was built in 1910. 4721 Melrose St Unit 23 is a home located in Philadelphia County with nearby schools including James J. Sullivan School, Harding Warren G Middle School, and Frankford High School.

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