NOT LISTED FOR SALE

Estimated Value: $346,000 - $610,503

-- Bed
4 Baths
3,400 Sq Ft
$130/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $305,000 $90 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,734/month

Highlights

  • Colonial Architecture
  • Electric Baseboard Heater
  • Property is in excellent condition
  • No HOA

About This Home

As of October 2021

Property Id: 1611170

Spacious 1 Bedroom 1 Bathroom 3rd Floor Unit featuring brand new vinyl flooring, new LED lighting, and freshly painted.

AAA Laundromat, 5123 Darrah St, Philadelphia, PA 19124 is just a 2 min drive or 7 min walk from the property.

Route 1 and I76 are both less than 10 minutes away giving easy access to downtown.

Last Agent to Sell the Property

Susan Gizzi

Hampton Preferred Real Estate Inc License #RS143235A Listed on: 06/06/2021

Last Buyer's Agent

Peter Lien

EXP Realty, LLC License #RS344116

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,685

Year Built

  • Built in 1900

Lot Details

  • 2,516 Sq Ft Lot
  • Lot Dimensions are 25.00 x 100.62
  • Property is in excellent condition

Parking

  • On-Street Parking

Home Design

  • 3,400 Sq Ft Home
  • Quadruplex
  • Colonial Architecture
  • Masonry

Kitchen

  • Stove

Schools

  • Frankford High School

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for accounting/legal, advertising/licenses and permits, common area maintenance, insurance, management, reserves for replacement, sewer, real estate taxes
  • Tax Lot 242
  • Assessor Parcel Number 621478300

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Northwood Subdivision

Building Details

  • Income includes apartment rentals
  • Gross Income $69,400
  • Net Operating Income $43,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,685

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Tenants belongings , refrigerators belong to tenants
  • Home Warranty: No
  • Inclusions: Stove in each unit
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: 5000-5002 Penn are a package for 599,850. 7 units total They will not be sold separately. NOI is 43,400 #'s are for combined 7 units .There are 2 other properties included for a total of 16 units @ 1.2 i MM Corner building is 121 years old and boasts old Northwood charm with its wraparound porch and attic rooms. All tenants are on annual leases. Property has newer amenities. Separate utilities. Tenants pay for electric & heat. All details, rent rolls & operating expenses are available. Only PAR agreements will be accepted. No letters of intent ,no contingencies. Due diligence to be done prior to an agreement . See MLS @#'s PAPH1025292 & PAPH1024740.
  • Special Features: None

Interior Features

  • Appliances: Stove
  • Fireplace: No
  • Basement: Yes
  • Total Sq Ft: 3400
  • Living Area Sq Ft: 3400
  • Price Per Sq Ft: 88.19
  • Above Grade Finished Sq Ft: 3400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5000

Exterior Features

  • Other Structures: Above Grade, Below 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: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • High School: FRANKFORD
  • High School Source: Listing Agent
  • School District Key: 300200397108
  • School District Source: Listing Agent
  • High School: FRANKFORD

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 162263.00
  • Land Assessed Value: 29537.00
  • Land Use Code: N50
  • Lot Size Acres: 0.06
  • Lot Dimensions: 25.00 x 100.62
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2516.00
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: RSA3
  • Zoning Description: Quadraplex

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Accounting/Legal, Advertising/Licenses And Permits, Common Area Maintenance, Insurance, Management, Reserves For Replacement, Sewer, Taxes - Real Estate
  • Total Actual Rent: 69400.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1342731
  • School Tax: 1473.00
  • Tax Annual Amount: 2685.00
  • Assessor Parcel Number: 621478300
  • Tax Lot: 242
  • Tax Total Finished Sq Ft: 3340
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 10/15/2021

Multi Family

  • Gross Income: 69400.00
  • Gross Scheduled Income: 69400.00
  • Income Includes: Apartment Rentals
  • Single Room Units Count: 1
  • Vacancy Allowance Rate: 5.00

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2021
Closed on
Oct 12, 2021
Sold by
Quaker Realty Llc
Bought by
Eta Entourage Holdings Llc
Seller's Agent
Susan Gizzi
Hampton Preferred Real Estate Inc
Buyer's Agent
Peter Lien
EXP Realty, LLC
List Price
$299,850
Sold Price
$305,000
Premium/Discount to List
$5,150
1.72%
Current Estimated Value
$441,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,501
Avg. Annual Appreciation
2.81%
Original Mortgage
$890,138
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2013
Sold by
Deutsche Bank National Trust Co
Bought by
Quaker Realty Llc

Purchase Details

Closed on
Oct 25, 2010
Sold by
Luffman Daniel
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Mar 20, 2006
Sold by
Bidwell James
Bought by
Luffman Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
8.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 9, 2005
Sold by
Bidwell James and Bidwell Denise
Bought by
Bidwell James

Purchase Details

Closed on
Feb 26, 1999
Sold by
Solomon Richard and Pascol David
Bought by
Bidwell James and Bidwell Denise
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
Eta Entourage Holdings Llc $485,750 None Listed On Document
Quaker Realty Llc $68,250 None Available
Deutsche Bank National Trust Company $5,100 None Available
Luffman Daniel $205,000 Madison Title Agency Llc
Bidwell James -- None Available
Bidwell James $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eta Entourage Holdings Llc $890,138
Previous Owner Quaker Realty Llc $431,250
Previous Owner Luffman Daniel $164,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2024 10/07/24 For Rent $895 0.0% --
10/15/2021 10/15/21 Sold $305,000 +1.7% $90 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
06/06/2021 06/06/21 For Sale $299,850 -- $88 / 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 $4,566 $353,400 $70,680 $282,720
2024 $4,566 $353,400 $70,680 $282,720
2023 $4,566 $326,200 $65,240 $260,960
2022 $2,685 $326,200 $65,240 $260,960
2021 $2,685 $0 $0 $0
2020 $3,224 $0 $0 $0
2019 $3,094 $0 $0 $0
2018 $1,629 $0 $0 $0
2017 $2,542 $0 $0 $0
2016 $2,542 $0 $0 $0
2015 $2,433 $0 $0 $0
2014 -- $181,600 $32,413 $149,187
2012 -- $13,984 $2,172 $11,812
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH1025338

Bright MLS

APN: 621478300