NOT LISTED FOR SALE

4956 Lancaster Ave Philadelphia, PA 19131

Carroll Park Neighborhood

Estimated Value: $251,675 - $291,000

-- Bed
-- Bath
2,056 Sq Ft
$132/Sq Ft Est. Value

Last Sold August 04, 2017

Last sale price $145,000 $71 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,876/month

366 Days on Market

Highlights

  • 0.09 Acre Lot
  • 1-minute walk to Lancaster Avenue And 50Th Street
  • En-Suite Primary Bedroom
  • No HOA
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas

About This Home

As of August 2017

Another Great Investment Opportunity in the West Philadelphia Section of the City. This 3 unit apartment building has Two Spacious 2 Bedroom Apartments and One 1 Bedroom Apartment, fully occupied with separate utilities. Minutes from the University District and Center City. Bus and Trolley services just steps away. Ask about a Package deal with 4958 Lancaster Ave.

Last Agent to Sell the Property

Marc Scott

Messa Real Estate & Insurance License #RS279465 Listed on: 06/20/2016

Last Buyer's Agent

Moshay Laren

BHHS Fox & Roach-Center City Walnut

BHHS Fox & Roach-Center City Walnut

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,155

Year Built

  • Built in 1925

Lot Details

  • 3,718 Sq Ft Lot
  • Lot Dimensions are 72x52
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,056 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 180
  • Assessor Parcel Number 442190200

Community Details

Overview

  • No Home Owners Association
  • Philadelphia Subdivision

Building Details

  • Electric Expense $444
  • Operating Expense $3,159

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,155

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Remarks Public: Another Great Investment Opportunity in the West Philadelphia Section of the City. This 3 unit apartment building has Two Spacious 2 Bedroom Apartments and One 1 Bedroom Apartment, fully occupied with separate utilities. Minutes from the University District and Center City. Bus and Trolley services just steps away. Ask about a Package deal with 4958 Lancaster Ave.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Entry Location: Foyer
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2056
  • Living Area Sq Ft: 2056
  • Price Per Sq Ft: 80.25
  • Above Grade Finished Sq Ft: 2056
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4956

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Flat
  • 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
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Electric Expense: 444.00
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1560.00
  • 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: 70125.00
  • Land Assessed Value: 12375.00
  • Land Use Code: U50
  • Lot Size Acres: 0.09
  • Lot Dimensions: 72X52
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3718.00
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: CMX2

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 24000.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 1202800
  • Tax Annual Amount: 1155.00
  • Assessor Parcel Number: 442190200
  • Tax Lot: 180
  • Tax Year: 2017
  • Close Date: 08/04/2017

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2016
Closed on
Sep 19, 2017
Sold by
Colon Gail and Colon Hobbs Gail E
Bought by
Coleman Reginald Q
Seller's Agent
Marc Scott
Messa Real Estate & Insurance
Buyer's Agent
Moshay Laren
BHHS Fox & Roach-Center City Walnut
List Price
$165,000
Sold Price
$145,000
Premium/Discount to List
-$20,000
-12.12%
Current Estimated Value
$271,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,558
Avg. Annual Appreciation
6.65%
Original Mortgage
$147,283
Outstanding Balance
$127,821
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$116,468

Purchase Details

Closed on
Aug 17, 1999
Sold by
Wilson Annie B
Bought by
Colon Gail
Source: Public Records

Range of Values:

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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
Coleman Reginald Q $150,000 None Available
Colon Gail -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coleman Reginald Q $147,283
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2017 08/04/17 Sold $145,000 -12.1% $71 / Sq Ft
06/21/2017 06/21/17 Pending -- -- --
04/30/2017 04/30/17 For Sale $165,000 +13.8% $80 / Sq Ft
04/30/2017 04/30/17 Off Market $145,000 -- --
02/14/2017 02/14/17 For Sale $165,000 0.0% $80 / Sq Ft
02/14/2017 02/14/17 Pending -- -- --
06/20/2016 06/20/16 For Sale $165,000 -- $80 / 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 $4,890 $241,700 $48,340 $193,360
2024 $4,890 $241,700 $48,340 $193,360
2023 $4,890 $349,300 $69,860 $279,440
2022 $1,951 $349,300 $69,860 $279,440
2021 $1,951 $0 $0 $0
2020 $1,951 $0 $0 $0
2019 $1,879 $0 $0 $0
2018 $1,155 $0 $0 $0
2017 $1,155 $0 $0 $0
2016 $1,155 $0 $0 $0
2015 $903 $0 $0 $0
2014 -- $82,500 $16,597 $65,903
2012 -- $5,888 $2,454 $3,434
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Marc Scott

    Messa Real Estate & Insurance

    (215) 843-1009

    2 Total Sales

    Marc Scott
    Section Image
  • Moshay Laren

    Buyer's Agent in 2017

    Moshay Laren

    BHHS Fox & Roach

    (267) 979-2536

    1 in this area

    10 Total Sales

    Moshay Laren
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000033458

Bright MLS

APN: 442190200

Pennsylvania Philadelphia County Philadelphia 19131 Carroll Park

4956 Lancaster Ave, Philadelphia, PA

This home is located at 4956 Lancaster Ave, Philadelphia, PA 19131 since 20 June 2016 and is currently estimated at $271,558, approximately $132 per square foot. This property was built in 1925. 4956 Lancaster Ave is a home located in Philadelphia County with nearby schools including Rudolph Blankenburg School, Overbrook High School, and Global Leadership Academy.

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