NOT LISTED FOR SALE

4900 Penn St Philadelphia, PA 19124

Frankford Neighborhood

Estimated Value: $410,000 - $436,000

-- Bed
2 Baths
4,284 Sq Ft
$100/Sq Ft Est. Value

Last Sold January 21, 2022

Last sale price $360,000 $84 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,619/month

12 Days on Market

Highlights

  • 0.24 Acre Lot
  • 1 Car Detached Garage
  • Forced Air Heating System
  • Victorian Architecture
  • Oversized Parking

About This Home

As of January 2022

Welcome to 4900 Penn Street, A HUGE 4300 Square foot Detached Duplex. Both duplexes are 4 bedroom units EACH, totaling 8 bedrooms. This large corner property also has a detached oversized garage at the back of the property line. Both duplexes and the garage were rented out for $3500 a month. The front unit is now vacant and just been renovated for the new tenant to call home. The exterior front porch is brand new just being built. This is a HUGE MONEY maker ready for its new investor! We welcome your visit!

Last Agent to Sell the Property

Christopher Thude

(215) 817-0261 cpthude@gmail.com RE/MAX Access Listed on: 11/12/2021

RE/MAX Access

Co-Listed By

Steven Osiecki

(215) 284-2892 remaxsteveo@gmail.com RE/MAX Access License #RM420757

Last Buyer's Agent

Jacob Cooper

jcooper@hellomsc.com MSC Retail, Inc. License #RS306451

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,817

Year Built

  • Built in 1940 | Remodeled in 2021

Lot Details

  • 10,252 Sq Ft Lot
  • Lot Dimensions are 53.00 x 193.44

Parking

  • 1 Car Detached Garage
  • Oversized Parking
  • Driveway
  • Off-Street Parking

Home Design

  • 4,284 Sq Ft Home
  • Duplex
  • Victorian Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Masonry

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 90
  • Assessor Parcel Number 234291600

Community Details

Overview

  • 2 Units
  • Frankford Subdivision

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,817

Year Built

Built in 1940 | Remodeled in 2021

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • Exclusions: Tenants Personal Belongings
  • New Construction: No
  • Expected On Market: 2021-11-19
  • Year Built: 1940
  • Year Renovated: 2021
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Stories: 0

Interior Features

  • Foundation Details: Brick/Mortar
  • Total Sq Ft: 4284
  • Living Area Sq Ft: 4284
  • Price Per Sq Ft: 87.54
  • Above Grade Finished Sq Ft: 4284
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry, Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Covered Parking, Oversized
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage, Driveway, Off Street

Utilities

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.24
  • Lot Dimensions: 53.00 x 193.44
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10252.00
  • Zoning: RM3

Rental Info

  • Rent Control: No
  • Total Actual Rent: 45000.00
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • School Tax: 997.00
  • Tax Annual Amount: 1817.00
  • Assessor Parcel Number: 234291600
  • Tax Lot: 90
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

Multi Family

  • Number Of Units Vacant: 1

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2021
Closed on
Jan 12, 2022
Sold by
John Perna
Bought by
Frankford Partners 4 Lp
Seller's Agent
Christopher Thude
RE/MAX Access
Buyer's Agent
Jacob Cooper
MSC Retail, Inc.
List Price
$375,000
Sold Price
$360,000
Premium/Discount to List
-$15,000
-4%
Current Estimated Value
$427,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,003
Avg. Annual Appreciation
4.61%
Original Mortgage
$288,000
Outstanding Balance
$266,408
Interest Rate
3.55%
Mortgage Type
Construction
Estimated Equity
$160,595

Purchase Details

Closed on
Nov 29, 2004
Sold by
Perna Alphonso C and Perna John
Bought by
Perna John

Purchase Details

Closed on
Jan 11, 2000
Sold by
Childrens Dental Center Of Greater Phila
Bought by
Perna Alphonso C and Perna John

Purchase Details

Closed on
Dec 31, 1998
Sold by
Frankford Hospital Of The City Of Pa
Bought by
Childrens Dental Center Of Greater Pa
Source: Public Records

Range of Values:

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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
Frankford Partners 4 Lp $360,000 None Listed On Document
Perna John -- --
Perna Alphonso C $10,000 --
Childrens Dental Center Of Greater Pa $56,467 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frankford Partners 4 Lp $288,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2022 01/21/22 Sold $360,000 -4.0% $84 / Sq Ft
01/09/2022 01/09/22 Price Changed $375,000 0.0% $88 / Sq Ft
11/24/2021 11/24/21 Pending -- -- --
11/12/2021 11/12/21 For Sale $375,000 -- $88 / 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
2026 $4,471 $399,700 $79,900 $319,800
2025 $4,471 $399,700 $79,900 $319,800
2024 $4,471 $399,700 $79,900 $319,800
2023 $4,471 $319,400 $63,880 $255,520
2022 $1,790 $319,400 $63,880 $255,520
2021 $1,817 $0 $0 $0
2020 $1,817 $0 $0 $0
2019 $1,744 $0 $0 $0
2018 $2,220 $0 $0 $0
2017 $2,220 $0 $0 $0
2016 $2,220 $0 $0 $0
2015 $2,125 $0 $0 $0
2014 -- $158,600 $120,306 $38,294
2012 -- $17,952 $4,486 $13,466
Source: Public Records

Agents Affiliated with this Home

  • Christopher Thude

    Seller's Agent in 2022

    Christopher Thude

    RE/MAX

    (215) 817-0261

    9 in this area

    236 Total Sales

    Christopher Thude
    Section Image
  • Steven Osiecki

    Seller Co-Listing Agent in 2022

    Steven Osiecki

    RE/MAX

    (215) 284-2892

    10 in this area

    234 Total Sales

    Steven Osiecki
    Section Image
  • Jacob Cooper

    Buyer's Agent in 2022

    Jacob Cooper

    MSC Retail, Inc.

    (215) 813-3784

    2 in this area

    14 Total Sales

    Jacob Cooper
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAPH2044000

Bright MLS

APN: 234291600

Pennsylvania Philadelphia County Philadelphia 19124 Frankford

4900 Penn St, Philadelphia, PA

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