$120,000
SOLD MAY 27, 2016
-- Bed
-- Bath
3,096 Sq Ft
1,849 Sq Ft Lot

Recently Sold

$39 Per Sq Ft

4% Above List Price

186 Days on Market

Highlights

  • Wood Flooring
  • En-Suite Primary Bedroom
  • 4-minute walk to Loudoun Park
  • No HOA
  • Heating System Uses Gas

About This Home

As of March 2024

Fantastic corner mixed-use triplex with garage in Germantown! Enjoy great visibility and immense income potential. The first floor includes two spaces that could either act as two separate commercial units with separate entrances, one commercial unit with several rooms, or could be a 2 bedroom apartment. The second and third floors each feature spacious 1 bed, 1 bath apartments with hardwood flooring and high ceilings. Each unit has separate utilities, and the building includes 3 furnaces (2 are newer), 3 gas water heaters, 3 gas meters, and 4 electric meters. On top of this, a 1-car garage and a full basement. Found in a prime location in Germantown, this building is close to major roadways, universities, restaurants, public transportation and more. You definitely don't want to let this opportunity get away! Property sold in "as-is " condition. Cash offers only. OPEN HOUSE 5/7/2016 12-2PM!!

Last Agent to Sell the Property

Noah Ostroff

KW Empower License #RS308424 Listed on: 11/05/2015

KW Empower

Co-Listed By

Mikhal Mary

KW Empower

Last Buyer's Agent

Noah Ostroff

KW Empower License #RS308424 Listed on: 11/05/2015

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,605

Year Built

  • Built in 1902

Lot Details

  • 1,849 Sq Ft Lot
  • Lot Dimensions are 18x103

Home Design

  • Triplex
  • Stucco

Interior Spaces

  • En-Suite Primary Bedroom
  • 3,096 Sq Ft Home
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Parking

  • 2 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Heating System Uses Gas
  • 60 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 871516790

Community Details

Overview

  • No Home Owners Association
  • Germantown Subdivision

Building Details

  • Operating Expense $3,005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,605

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Inclusions: All Stoves And Refrigerators
  • New Construction: No
  • Storage: Basement
  • Year Built: 1902
  • Remarks Public: Fantastic corner mixed-use triplex with garage in Germantown! Enjoy great visibility and immense income potential. The first floor includes two spaces that could either act as two separate commercial units with separate entrances, one commercial unit with several rooms, or could be a 2 bedroom apartment. The second and third floors each feature spacious 1 bed, 1 bath apartments with hardwood flooring and high ceilings. Each unit has separate utilities, and the building includes 3 furnaces (2 are newer), 3 gas water heaters, 3 gas meters, and 4 electric meters. On top of this, a 1-car garage and a full basement. Found in a prime location in Germantown, this building is close to major roadways, universities, restaurants, public transportation and more. You definitely don't want to let this opportunity get away! Property sold in "as-is " condition. Cash offers only. OPEN HOUSE 5/7/2016 12-2PM!!
  • Special Features: None

Interior Features

  • Flooring Type: Wood
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3096
  • Living Area Sq Ft: 3096
  • Price Per Sq Ft: 40.37
  • Above Grade Finished Sq Ft: 3096
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4841

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Total Garage And Parking Spaces: 4

Utilities

  • Central Air Conditioning: No
  • Electric Service: 60 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 400.00
  • 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: 171590.00
  • Land Assessed Value: 14510.00
  • Land Use Code: S48
  • Lot Size Acres: 0.04
  • Lot Dimensions: 18X103
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1849.00
  • Zoning: CMX25

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 23000.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 946929
  • Tax Annual Amount: 2605.00
  • Assessor Parcel Number: 871516790
  • Tax Lot: 40
  • Tax Year: 2016
  • Close Date: 05/27/2016

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2023
Closed on
Mar 18, 2024
Sold by
Venture Philly Llc
Bought by
Lucas Virginia
Seller's Agent
Billy Grewal
KW Empower
Buyer's Agent
Trey Upsey
Dan Helwig Inc
List Price
$295,200
Sold Price
$290,000
Premium/Discount to List
-$5,200
-1.76%
Views
288
Current Estimated Value
$350,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,923
Avg. Annual Appreciation
11.83%
Original Mortgage
$284,747
Outstanding Balance
$281,648
Interest Rate
6.64%
Mortgage Type
FHA
Estimated Equity
$56,730

Purchase Details

Closed on
Dec 7, 2018
Sold by
Equity Properties Llc
Bought by
Venture Philly Llc

Purchase Details

Listed on
Nov 5, 2015
Closed on
Jun 6, 2016
Sold by
Ransom Lillian Harris
Bought by
Equity Properties Llc
Seller's Agent
Noah Ostroff
KW Empower
Buyer's Agent
Noah Ostroff
KW Empower
List Price
$115,000
Sold Price
$120,000
Premium/Discount to List
$5,000
4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.94%

Purchase Details

Closed on
Mar 31, 1989
Bought by
Ransom Lillian Harris
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $290,000 Springfield Abstract
Deed $170,000 None Available
Deed $120,000 None Available
Quit Claim Deed $67,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $284,747 FHA
Previous Owner $400,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Off Market $1,100 -- --
09/18/2024 09/18/24 For Rent $1,100 0.0% --
03/19/2024 03/19/24 Sold $290,000 -1.8% $94 / Sq Ft
08/23/2023 08/23/23 For Sale $295,200 +146.0% $95 / Sq Ft
05/27/2016 05/27/16 Sold $120,000 +4.3% $39 / Sq Ft
05/09/2016 05/09/16 Pending -- -- --
11/05/2015 11/05/15 For Sale $115,000 -- $37 / 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 $1,788 $149,400 $29,880 $119,520
2024 $1,788 $149,400 $29,880 $119,520
2023 $1,788 $127,700 $25,540 $102,160
2022 $2,632 $127,700 $25,540 $102,160
2021 $2,632 $0 $0 $0
2020 $2,632 $0 $0 $0
2019 $2,606 $0 $0 $0
2018 $2,531 $0 $0 $0
2017 $2,605 $0 $0 $0
2016 $2,605 $0 $0 $0
2015 $1,234 $0 $0 $0
2014 -- $186,100 $14,510 $171,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002731310

Bright MLS

APN: 871516790