NOT LISTED FOR SALE

4930 Florence Ave Philadelphia, PA 19143

Cedar Park Neighborhood

Estimated Value: $780,000 - $876,486

-- Bed
3 Baths
3,744 Sq Ft
$217/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $762,000 $204 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,473/month

Highlights

  • Combination Kitchen and Living
  • 2-minute walk to Baltimore Avenue And 50Th Street
  • Patio
  • Stainless Steel Appliances
  • Bay Window
  • 3-minute walk to Cedar Park

About This Home

As of August 2022

4930 Florence Ave is a fully renovated Cedar Park triplex featuring three 2-bedroom units. The owner currently occupies the first-floor. In the first unit, there are 2 bedrooms and a full bath on the first floor, and then downstairs is a fully finished basement with a laundry room and another full bathroom. The basement is currently used as a den and has direct access to the fenced-in backyard. The second and third-floor units have similar layouts with two bedrooms at the front and back of the apartment, one full bathroom, and a washer/dryer. Each unit has eat-in kitchens with stainless steel appliances, vinyl plank hardwood flooring, and plenty of natural light. This beautiful corner triplex is currently fully rented out. There is currently a lease in place for the third-floor unit that will stay and is currently paying $1,600 a month. Proposed rents for all three units are: 1st floor: $1,900, 2nd floor: $1,650, 3rd floor: $1,600. A detailed investment breakdown is available in the document section of this listing. 7 years remain on the tax abatement. This information should be confirmed with OPA. Reach out today to schedule a private showing!

Last Agent to Sell the Property

Lindsay Neuman

Compass RE License #RS342704 Listed on: 06/03/2022

Compass RE

Last Buyer's Agent

Ronit Caplan

Fifth Realty License #RS349229

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,539

Year Built

  • Built in 1925

Lot Details

  • 1,244 Sq Ft Lot
  • Lot Dimensions are 16.00 x 76.00
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Masonry

Interior Spaces

  • Bay Window
  • Combination Kitchen and Living
  • Luxury Vinyl Plank Tile Flooring
  • Fire Escape
  • Finished Basement

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Public Septic

Community Details

  • 3 Units
  • Cedar Park Subdivision

Listing and Financial Details

  • Tax Lot 178
  • Assessor Parcel Number 511147000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,539

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Remarks Public: 4930 Florence Ave is a fully renovated Cedar Park triplex featuring three 2-bedroom units. The owner currently occupies the first-floor. In the first unit, there are 2 bedrooms and a full bath on the first floor, and then downstairs is a fully finished basement with a laundry room and another full bathroom. The basement is currently used as a den and has direct access to the fenced-in backyard. The second and third-floor units have similar layouts with two bedrooms at the front and back of the apartment, one full bathroom, and a washer/dryer. Each unit has eat-in kitchens with stainless steel appliances, vinyl plank hardwood flooring, and plenty of natural light. This beautiful corner triplex is currently fully rented out. There is currently a lease in place for the third-floor unit that will stay and is currently paying $1,600 a month. Proposed rents for all three units are: 1st floor: $1,900, 2nd floor: $1,650, 3rd floor: $1,600. A detailed investment breakdown is available in the document section of this listing. 7 years remain on the tax abatement. This information should be confirmed with OPA. Reach out today to schedule a private showing!
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Built-In Microwave, Refrigerator, Stainless Steel Appliances, Washer, Dryer
  • Flooring Type: Luxury Vinyl Plank
  • Interior Amenities: Combination Kitchen/Living
  • Window Features: Bay/Bow
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 3744
  • Living Area Sq Ft: 3744
  • Price Per Sq Ft: 277.19
  • Above Grade Finished Sq Ft: 2832
  • Below Grade Finished Sq Ft: 912
  • Total Below Grade Sq Ft: 912
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4930

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Exterior Features: Fire Escape
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

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

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: 11750.00
  • Land Assessed Value: 98250.00
  • Land Use Code: N50
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16.00 x 76.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1244.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Very Good
  • Year Assessed: 2022
  • Zoning: RSA3

Rental Info

  • Existing Lease Type: Yearly
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1248290
  • School Tax: 844.00
  • Tax Annual Amount: 1539.00
  • Assessor Parcel Number: 511147000
  • Tax Lot: 178
  • Tax Total Finished Sq Ft: 2950
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 08/31/2022

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2022
Closed on
Aug 19, 2022
Sold by
Jacqueline Ruge
Bought by
4930 Florence Llc
Seller's Agent
Lindsay Neuman
Compass RE
Buyer's Agent
Ronit Caplan
Fifth Realty
List Price
$785,000
Sold Price
$762,000
Premium/Discount to List
-$23,000
-2.93%
Views
3
Current Estimated Value
$813,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,829
Avg. Annual Appreciation
3.29%
Original Mortgage
$571,500
Outstanding Balance
$549,975
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$291,043

Purchase Details

Listed on
Apr 14, 2019
Closed on
Jun 14, 2019
Sold by
Earl Properites Llc
Bought by
Ruge Jacqueline and Ruge Daniel
Seller's Agent
Andrei Lemeshevski
Lemeshevski Realty Int'l
Buyer's Agent
Sean Kaplan
Compass RE
List Price
$675,000
Sold Price
$655,000
Premium/Discount to List
-$20,000
-2.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.81%
Original Mortgage
$524,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2017
Sold by
Florence Commons Lp
Bought by
Earl Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 16, 2009
Sold by
Hayward Paul Stewart
Bought by
Florence Commons Lp
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
4930 Florence Llc $762,000 --
Ruge Jacqueline $655,000 City Abstract Llc
Earl Properties Llc $110,000 Mba Abstract Inc
Florence Commons Lp $35,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 4930 Florence Llc $571,500
Previous Owner Ruge Jacqueline $524,000
Previous Owner Earl Properties Llc $350,000
Previous Owner Earl Properties Llc $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $762,000 -2.9% $204 / Sq Ft
06/27/2022 06/27/22 Pending -- -- --
06/03/2022 06/03/22 For Sale $785,000 +19.8% $210 / Sq Ft
06/14/2019 06/14/19 Sold $655,000 -3.0% $291 / Sq Ft
04/14/2019 04/14/19 For Sale $675,000 -- $300 / 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 $1,642 $860,500 $172,100 $688,400
2024 $1,642 $860,500 $172,100 $688,400
2023 $1,642 $543,100 $108,620 $434,480
2022 $1,540 $117,310 $108,620 $8,690
2021 $1,540 $0 $0 $0
2020 $1,540 $0 $0 $0
2019 $3,936 $0 $0 $0
2018 $3,648 $0 $0 $0
2017 $3,648 $0 $0 $0
2016 $3,648 $0 $0 $0
2015 $3,445 $0 $0 $0
2014 -- $257,100 $32,292 $224,808
2012 -- $11,488 $2,919 $8,569
Source: Public Records

Agents Affiliated with this Home

  • Lindsay Neuman

    Seller's Agent in 2022

    Lindsay Neuman

    Compass RE

    (610) 574-1297

    1 in this area

    139 Total Sales

    Lindsay Neuman
    Section Image

  • R

    Buyer's Agent in 2022

    Ronit Caplan

    Fifth Realty

    (215) 370-0747

    1 in this area

    24 Total Sales

    Ronit Caplan
    Section Image

  • A

    Seller's Agent in 2019

    Andrei Lemeshevski

    Lemeshevski Realty Int'l

    (267) 800-6234

    17 Total Sales

    Andrei Lemeshevski
    Section Image
  • Sean Kaplan

    Buyer's Agent in 2019

    Sean Kaplan

    Compass RE

    (215) 888-4898

    1 in this area

    110 Total Sales

    Sean Kaplan
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAPH2123938

Bright MLS

APN: 511147000

Pennsylvania Philadelphia County Philadelphia 19143 Cedar Park

4930 Florence Ave, Philadelphia, PA

This home is located at 4930 Florence Ave, Philadelphia, PA 19143 since 03 June 2022 and is currently estimated at $813,829, approximately $217 per square foot. This property was built in 1925. 4930 Florence Ave is a home located in Philadelphia County with nearby schools including Avery D. Harrington School, William L. Sayre High School, and Hardy Williams Elementary.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes