NOT LISTED FOR SALE

Estimated Value: $407,000 - $417,367

-- Bed
4 Baths
-- Sq Ft
4,466 Sq Ft Lot

Last Sold January 31, 2019

Last sale price $240,000

Est. 72% increase in value since last sale

Current estimated payment $2,437/month

Highlights

  • 0.1 Acre Lot
  • No HOA
  • Ceiling Fan
  • Wood Flooring
  • 1 Car Attached Garage
  • Heating Available

About This Home

As of January 2019

Conveniently located behind Aria Hospital, this single, four unit building is 100% occupied and ready to generate income for the savvy investor. Shopping and transportation is also close by. Remodeled apartments with hardwood floors, newer kitchens and bathrooms, which were totally redone about 3 years ago. Gas has been replaced with all electric hot water and heating. 24 hours required for all showings. Tenants will be present.

Last Agent to Sell the Property

Jack Potok

(215) 677-2100 jackpotok@aol.com American Vista Real Estate License #RS108942A Listed on: 10/01/2018

Last Buyer's Agent

Jack Potok

(215) 677-2100 jackpotok@aol.com American Vista Real Estate License #RS108942A Listed on: 10/01/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,848

Year Built

  • Built in 1941

Lot Details

  • 4,466 Sq Ft Lot
  • Lot Dimensions are 39x114
  • Property is in good condition

Parking

  • 1 Car Attached Garage
  • 1 Open Parking Space
  • On-Street Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 232425400

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Frankford Subdivision

Building Details

  • Operating Expense $1,848

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,848

Year Built

Built in 1941

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Flooring Type: Wood
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Entry Location: Private
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • 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: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 1
  • Garage Features: Built In
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street, Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 109560.00
  • Land Assessed Value: 22440.00
  • Lot Size Acres: 0.10
  • Lot Dimensions: 39X114
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4466.00
  • Property Condition: Good
  • Zoning: RSA3

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1022112
  • Tax Annual Amount: 1848.00
  • Assessor Parcel Number: 232425400
  • Tax Lot: 24
  • Tax Data Updated: No
  • Tax Year: 2018

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2018
Closed on
Jan 29, 2019
Sold by
Nunez Melissa
Bought by
4943 Penn Investment Llc
Seller's Agent
Jack Potok
American Vista Real Estate
Buyer's Agent
Jack Potok
American Vista Real Estate
List Price
$279,900
Sold Price
$240,000
Premium/Discount to List
-$39,900
-14.26%
Current Estimated Value
$411,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,789
Avg. Annual Appreciation
8.31%
Original Mortgage
$180,000
Outstanding Balance
$149,259
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$262,530

Purchase Details

Closed on
Mar 31, 2016
Sold by
Forastieri Home Llc
Bought by
Nunez Melissa

Purchase Details

Closed on
Sep 10, 2008
Sold by
Urbina Wilfredo
Bought by
Forastieri Home Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 21, 2007
Sold by
Anastasiadis Georgios
Bought by
Urbina Wilfredo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
6.51%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 20, 2004
Sold by
Nova Ann Chon and Livingston Joy
Bought by
Anastasiadis Georgios
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
4943 Penn Investment Llc $240,000 Alpert Abstract Llc
Nunez Melissa $100,000 None Available
Forastieri Home Llc $140,000 None Available
Urbina Wilfredo $140,000 None Available
Anastasiadis Georgios $66,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 4943 Penn Investment Llc $180,000
Previous Owner Forastieri Home Llc $100,000
Previous Owner Urbina Wilfredo $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2019 01/31/19 Sold $240,000 -14.3% --
11/13/2018 11/13/18 Price Changed $279,900 0.0% --
10/12/2018 10/12/18 Pending -- -- --
10/01/2018 10/01/18 For Sale $279,900 -- --
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 $3,257 $502,200 $100,400 $401,800
2025 $3,257 $502,200 $100,400 $401,800
2024 $3,257 $502,200 $100,400 $401,800
2023 $3,257 $232,700 $46,540 $186,160
2022 $3,257 $232,700 $46,540 $186,160
2021 $1,351 $0 $0 $0
2020 $1,351 $0 $0 $0
2019 $1,296 $0 $0 $0
2018 $1,848 $0 $0 $0
2017 $1,848 $0 $0 $0
2016 $1,848 $0 $0 $0
2015 $12,898 $0 $0 $0
2014 -- $132,000 $52,400 $79,600
2012 -- $20,832 $4,522 $16,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1009920892

Bright MLS

APN: 232425400