NOT LISTED FOR SALE

Estimated Value: $298,821

4 Beds
2.5 Baths
2,604 Sq Ft
$115/Sq Ft Est. Value

Last Sold March 08, 2023

Last sale price $250,000 $96 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,825/month

68 Days on Market

Highlights

  • No HOA
  • 3-minute walk to Logan
  • Radiator
  • Central Air

About This Home

As of March 2023

This sell of real estate includes all Furniture, Fixtures, and restaurant Equipments the goodwill of the business assets as well as the business name if the new owner would like to keep it. It is a well established and busy Chinese take out restaurant. This building has 3 units with separate gas & electrical meter. 1st FL is the restaurant, 2nd & 3rd FL are 2 apartments units. Currently, 1st FL & 2nd are connected. There are 2 bedroom, living room, dinning room, full bathroom, but no kitchen on the 2nd FL. 3rd floor is tenant occupied (great tenant and pay rent on time). This building is close to major transportation, schools, buses, and shopping. It is very potential investment property. New owner can run their own restaurant business on the 1st FL and rent out 2nd & 3rd FL. Schedule your appointment today and don't miss out. Property is being sold "AS IS" condition.

Last Agent to Sell the Property

Derence Lam

Premium Realty Group Inc License #RS350058 Listed on: 07/03/2022

Last Buyer's Agent

Kevin Coles

RE/MAX Affiliates

RE/MAX Affiliates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,026

Year Built

  • Built in 1925

Lot Details

  • 1,568 Sq Ft Lot
  • Lot Dimensions are 16.00 x 98.00
  • Property is zoned CMX1

Parking

  • Driveway

Home Design

  • AirLite
  • Masonry

Interior Spaces

  • 2,604 Sq Ft Home
  • Property has 3 Levels
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Air
  • Radiator
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 279
  • Assessor Parcel Number 871225650

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,026

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Airlite
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2022-07-03
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Remarks Public: This sell of real estate includes all Furniture, Fixtures, and restaurant Equipments the goodwill of the business assets as well as the business name if the new owner would like to keep it. It is a well established and busy Chinese take out restaurant. This building has 3 units with separate gas & electrical meter. 1st FL is the restaurant, 2nd & 3rd FL are 2 apartments units. Currently, 1st FL & 2nd are connected. There are 2 bedroom, living room, dinning room, full bathroom, but no kitchen on the 2nd FL. 3rd floor is tenant occupied (great tenant and pay rent on time). This building is close to major transportation, schools, buses, and shopping. It is very potential investment property. New owner can run their own restaurant business on the 1st FL and rent out 2nd & 3rd FL. Schedule your appointment today and don't miss out. Property is being sold "AS IS" condition.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2604
  • Living Area Sq Ft: 2604
  • Price Per Sq Ft: 95.97
  • Above Grade Finished Sq Ft: 2604
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4921

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Upper Level 2 Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: 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: 115840.00
  • Land Assessed Value: 28960.00
  • Land Use Code: Y50
  • Lot Size Acres: 0.04
  • Lot Dimensions: 16.00 x 98.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1568.00
  • Year Assessed: 2022
  • Zoning: CMX1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1233292
  • School Tax: 1112.00
  • Tax Annual Amount: 2026.00
  • Assessor Parcel Number: 871225650
  • Tax Lot: 279
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 03/08/2023

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2022
Closed on
Mar 8, 2023
Sold by
Au Huy
Bought by
Grant Oneil and Moise Ingreed
Seller's Agent
Derence Lam
Premium Realty Group Inc
Buyer's Agent
Kevin Coles
RE/MAX Affiliates
List Price
$249,900
Sold Price
$250,000
Premium/Discount to List
$100
0.04%
Views
15
Current Estimated Value
$298,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,821
Avg. Annual Appreciation
6.21%
Original Mortgage
$245,471
Outstanding Balance
$239,132
Interest Rate
6.13%
Mortgage Type
FHA
Estimated Equity
$51,358

Purchase Details

Listed on
Aug 19, 2020
Closed on
Apr 16, 2021
Sold by
Chen Meixiang
Bought by
Au Huy and Nguyen Tuyet Ngoc
Seller's Agent
Qiaoying Li
Philly Real Estate
Buyer's Agent
Tin Tran
Realty Mark Cityscape
List Price
$235,000
Sold Price
$150,000
Premium/Discount to List
-$85,000
-36.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.03%

Purchase Details

Closed on
Nov 11, 2011
Sold by
Vannguyen Dinh and Nguyen Tuoi Thi
Bought by
Chen Meixiang
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
Grant Oneil $250,000 --
Au Huy $150,000 Reo Elite Abstract Inc
Chen Meixiang $70,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grant Oneil $245,471
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2023 03/08/23 Sold $250,000 0.0% $96 / Sq Ft
09/10/2022 09/10/22 Pending -- -- --
07/03/2022 07/03/22 For Sale $249,900 +66.6% $96 / Sq Ft
04/16/2021 04/16/21 Sold $150,000 -36.2% $58 / Sq Ft
03/03/2021 03/03/21 Pending -- -- --
08/19/2020 08/19/20 For Sale $235,000 -- $90 / 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 $2,513 $199,900 $39,980 $159,920
2024 $2,513 $199,900 $39,980 $159,920
2023 $2,513 $179,500 $35,900 $143,600
2022 $1,397 $134,500 $35,900 $98,600
2021 $2,027 $0 $0 $0
2020 $2,027 $144,800 $28,960 $115,840
2019 $2,007 $0 $0 $0
2018 $0 $0 $0 $0
2017 $2,217 $0 $0 $0
2016 $1,923 $0 $0 $0
2015 $1,711 $0 $0 $0
2014 -- $158,400 $32,200 $126,200
2012 -- $8,640 $2,115 $6,525
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2135122

Bright MLS

APN: 871225650