$290,000
SOLD MAR 19, 2024
-- Bed
-- Bath
3,096 Sq Ft
1,742 Sq Ft Lot

Recently Sold

$94 Per Sq Ft

2% Below List Price

175 Days on Market

Highlights

  • Wood Flooring
  • 3 Car Detached Garage
  • 4-minute walk to Loudoun Park
  • Corner Lot
  • Heating Available

About This Home

As of March 2024

Presenting 4841 Germantown Ave, Fantastic CORNER mixed-use TRIPLEX with GARAGE in bustling Germantown! This 3 Unit building is an excellent opportunity to own. The building consisting of 1st floor commercial & 2 residential units, all with rental income. CMX-2.5 Zoning, this CORNER triplex sits on a MASSIVE 18 x 103, 1,854 SF lot. First Floor is currently rented for $885 | Month, Open floor plan & access to the basement. Second Floor is a 1 BD | 1 BA apartment pro forma rent of $900 | Month. Third Floor is a 1 BD | 1 BA apartment pro forma rent of $910 | Month. Each unit has separate utilities, and the building includes 3 furnaces, 3 gas water heaters, 3 gas meters, and 4 electric meters. On top of this, a 1-car garage and a full basement. Located in close proximity to Wayne Junction Station, easy access to Stenton Ave, Broad St & US Route 1. This is a Great investment opportunity!!!

Last Agent to Sell the Property

Billy Grewal

KW Empower Listed on: 08/23/2023

KW Empower

Last Buyer's Agent

Trey Upsey

Dan Helwig Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,787

Year Built

  • Built in 1912

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 18.00 x 104.00
  • Corner Lot

Parking

  • 3 Car Detached Garage
  • Front Facing Garage

Home Design

  • Triplex

Interior Spaces

  • 3,096 Sq Ft Home
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Utilities

  • Heating Available
  • Natural Gas Water Heater

Community Details

  • 3 Units
  • Germantown Subdivision

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 871516790

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,787

Year Built

Built in 1912

Lot Details

0

Parking

3

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1912
  • Automatically Close On Close Date: No
  • Remarks Public: Presenting 4841 Germantown Ave, Fantastic CORNER mixed-use TRIPLEX with GARAGE in bustling Germantown! This 3 Unit building is an excellent opportunity to own. The building consisting of 1st floor commercial & 2 residential units, all with rental income. CMX-2.5 Zoning, this CORNER triplex sits on a MASSIVE 18 x 103, 1,854 SF lot. First Floor is currently rented for $885 | Month, Open floor plan & access to the basement. Second Floor is a 1 BD | 1 BA apartment pro forma rent of $900 | Month. Third Floor is a 1 BD | 1 BA apartment pro forma rent of $910 | Month. Each unit has separate utilities, and the building includes 3 furnaces, 3 gas water heaters, 3 gas meters, and 4 electric meters. On top of this, a 1-car garage and a full basement. Located in close proximity to Wayne Junction Station, easy access to Stenton Ave, Broad St & US Route 1. This is a Great investment opportunity!!!
  • Special Features: None

Interior Features

  • Flooring Type: Wood
  • Fireplace: No
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3096
  • Living Area Sq Ft: 3096
  • Price Per Sq Ft: 95.35
  • Above Grade Finished Sq Ft: 3096
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4841

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • 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 Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Detached Garage

Utilities

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

Schools

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

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 18.00 x 104.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.40
  • Year Assessed: 2023
  • Zoning: CMX2.5

Rental Info

  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 980.00
  • Tax Annual Amount: 1787.00
  • Assessor Parcel Number: 871516790
  • Tax Lot: 40
  • Tax Total Finished Sq Ft: 2998
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 03/19/2024

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

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: PAPH2270678

Bright MLS

APN: 871516790