NOT LISTED FOR SALE

4940 Lancaster Ave Philadelphia, PA 19131

Carroll Park Neighborhood

Estimated Value: $142,000 - $184,000

-- Bed
-- Bath
1,696 Sq Ft
$96/Sq Ft Est. Value

Last Sold June 19, 2015

Last sale price $24,000 $14 Per Sq Ft

Est. 579% increase in value since last sale

Current estimated payment $1,183/month

42 Days on Market

Highlights

  • No HOA
  • 2-minute walk to Lancaster Avenue And 49Th Street
  • Heating Available
  • En-Suite Primary Bedroom

About This Home

As of June 2015

3 unit property! Excellent investment opportunity! Great location for investment. Property is occupied; showings are not permitted and buyer is responsible getting possession. This property has been placed in an upcoming event. All bids should be submitted at HomeSearch. com. All offers received prior to the event period should be submitted by the buyer or buyer's agent through HomeSearch. com's offer portal found on Homeasearch. com. All offers will be reviewed and responded to within 3 business days. All properties are subject to a 5% buyer's premium pursuant to the Event Agreement and Terms & Conditions (minimums will apply). Online event runs from 04/25-04/29

Last Agent to Sell the Property

Jaimee Cohen

RE/MAX Prime Real Estate License #2186175 Listed on: 03/25/2015

RE/MAX Prime Real Estate

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Lot Details

  • 1,331 Sq Ft Lot
  • Lot Dimensions are 16x83

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,696 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Heating Available

Community Details

  • No Home Owners Association
  • Operating Expense $926

Listing and Financial Details

  • Tax Lot 120
  • Assessor Parcel Number 442189400

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Remarks Public: 3 unit property! Excellent investment opportunity! Great location for investment. Property is occupied; showings are not permitted and buyer is responsible getting possession. This property has been placed in an upcoming event. All bids should be submitted at HomeSearch. com. All offers received prior to the event period should be submitted by the buyer or buyer's agent through HomeSearch. com's offer portal found on Homeasearch. com. All offers will be reviewed and responded to within 3 business days. All properties are subject to a 5% buyer's premium pursuant to the Event Agreement and Terms & Conditions (minimums will apply). Online event runs from 04/25-04/29
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1696
  • Living Area Sq Ft: 1696
  • Price Per Sq Ft: 11.08
  • Above Grade Finished Sq Ft: 1696
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4940

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • 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: 63161.00
  • Land Assessed Value: 5939.00
  • Land Use Code: U30
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16X83
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1331.00
  • Zoning: CMX2

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 1202793
  • Tax Annual Amount: 926.00
  • Assessor Parcel Number: 442189400
  • Tax Lot: 120
  • Tax Year: 2015
  • Close Date: 06/19/2015

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2015
Closed on
May 7, 2015
Sold by
U S Bank Na
Bought by
Parkins Wayne and Parkins Dorothy
Seller's Agent
Jaimee Cohen
RE/MAX Prime Real Estate
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$18,800
Sold Price
$24,000
Premium/Discount to List
$5,200
27.66%
Current Estimated Value
$163,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,000
Avg. Annual Appreciation
21.57%

Purchase Details

Closed on
Mar 31, 2015
Sold by
Tabourne Benjamin
Bought by
Us Bank Na

Purchase Details

Closed on
Mar 30, 1995
Sold by
Zausmer Randy
Bought by
Tabourne Benjamin
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
Parkins Wayne $24,000 None Available
Us Bank Na $8,800 None Available
Tabourne Benjamin $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tabourne Benjamin $42,314
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2015 06/19/15 Sold $24,000 +27.7% $14 / Sq Ft
05/06/2015 05/06/15 Pending -- -- --
03/25/2015 03/25/15 For Sale $18,800 -- $11 / 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 $3,536 $97,000 $19,400 $77,600
2024 $3,536 $97,000 $19,400 $77,600
2023 $3,536 $252,600 $50,520 $202,080
2022 $1,509 $252,600 $50,520 $202,080
2021 $1,509 $0 $0 $0
2020 $1,509 $0 $0 $0
2019 $1,453 $0 $0 $0
2018 $967 $0 $0 $0
2017 $967 $0 $0 $0
2016 $967 $0 $0 $0
2015 $926 $0 $0 $0
2014 -- $69,100 $5,939 $63,161
2012 -- $5,888 $1,809 $4,079
Source: Public Records

Agents Affiliated with this Home

  • Jaimee Cohen

    Seller's Agent in 2015

    Jaimee Cohen

    RE/MAX

    (215) 582-5959

    1 in this area

    174 Total Sales

    Jaimee Cohen
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002559726

Bright MLS

APN: 442189400

Pennsylvania Philadelphia County Philadelphia 19131 Carroll Park

4940 Lancaster Ave, Philadelphia, PA

This home is located at 4940 Lancaster Ave, Philadelphia, PA 19131 since 25 March 2015 and is currently estimated at $163,000, approximately $96 per square foot. 4940 Lancaster Ave is a home located in Philadelphia County with nearby schools including Rudolph Blankenburg School, Overbrook High School, and Global Leadership Academy.

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