Seller's Agent in 2024
John Lee
Keller Williams Real Estate-Blue Bell
(267) 371-3920
1 in this area
74 Total Sales
5005 Penn St Philadelphia, PA 19124
Frankford NeighborhoodEstimated Value: $249,000 - $274,000
--
Bed
3
Baths
2,529
Sq Ft
$104/Sq Ft
Est. Value
About This Home
As of October 2024Exceptional Opportunity in Frankford! Pleased to present this fully occupied triplex, an ideal investment opportunity located in the Frankford neighborhood. The property includes two spacious 2-bedroom, 1-bathroom apartments and one cozy 1-bedroom, 1-bathroom apartment, all fully occupied by long-term tenants on month-to-month leases, providing both stability and flexibility.
Key features of this property include a new roof installed in 2023, It is legally zoned, with all necessary rental licenses up to date. The building is certified lead-safe, and has a current fire alarm certification for added safety.
Walking distance to the transportation center, offering easy access to public transit, and is close to Frankford Hospital.
For more details and to schedule a viewing, please contact me today. Don't miss out on this outstanding opportunity to expand your investment portfolio!
Last Agent to Sell the Property
(267) 371-3920 jl.johnleee@gmail.com Keller Williams Real Estate-Blue Bell Listed on: 06/03/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,852
Year Built
- Built in 1900
Lot Details
- 3,109 Sq Ft Lot
- Lot Dimensions are 25.00 x 124.00
Parking
- Driveway
Home Design
- 2,529 Sq Ft Home
- Triplex
- Traditional Architecture
- Block Foundation
- Masonry
Utilities
- Hot Water Heating System
- Natural Gas Water Heater
Community Details
- 3 Units
Listing and Financial Details
- Tax Lot 124
- Assessor Parcel Number 621490100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 3, 2024
Closed on
Oct 25, 2024
Sold by
Rowe Mark
Bought by
Cortes Fabian Sanchez
Seller's Agent
John Lee
Keller Williams Real Estate-Blue Bell
Buyer's Agent
David Barrera
Realty Mark Associates-CC
List Price
$289,900
Sold Price
$260,000
Premium/Discount to List
-$29,900
-10.31%
Views
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,010
Avg. Annual Appreciation
1.13%
Original Mortgage
$255,290
Outstanding Balance
$252,202
Interest Rate
6.08%
Mortgage Type
FHA
Estimated Equity
$10,808
Purchase Details
Listed on
Nov 15, 2021
Closed on
Mar 24, 2022
Sold by
Ann Corrado Deborah
Bought by
Rowe Mark
Seller's Agent
Mark Gatta
Opus Elite Real Estate
Buyer's Agent
Volkan Andic
Opus Elite Real Estate
List Price
$224,900
Sold Price
$210,000
Premium/Discount to List
-$14,900
-6.63%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.60%
Original Mortgage
$157,500
Interest Rate
3.63%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 14, 2009
Sold by
Corrado Dante L
Bought by
Corrado Dante L and Corrado Deborah Ann
Purchase Details
Closed on
Dec 31, 2001
Sold by
Corrado Dante P and Corrado Clara
Bought by
Corrado Dante L
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cortes Fabian Sanchez | $260,000 | First American Title | |
| Rowe Mark | $210,000 | Land Services Usa | |
| Corrado Dante L | -- | None Available | |
| Corrado Dante L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cortes Fabian Sanchez | $255,290 | |
| Previous Owner | Rowe Mark | $157,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/25/2024 10/25/24 | Sold | $260,000 | -7.1% | $103 / Sq Ft | |
| 07/17/2024 07/17/24 | Price Changed | $279,900 | -3.4% | $111 / Sq Ft | |
| 06/03/2024 06/03/24 | For Sale | $289,900 | +38.0% | $115 / Sq Ft | |
| 03/25/2022 03/25/22 | Sold | $210,000 | -6.6% | $83 / Sq Ft | View Prior Sale |
| 02/06/2022 02/06/22 | Pending | -- | -- | -- | |
| 01/26/2022 01/26/22 | For Sale | $224,900 | 0.0% | $89 / Sq Ft | |
| 01/16/2022 01/16/22 | Pending | -- | -- | -- | |
| 01/03/2022 01/03/22 | Price Changed | $224,900 | -9.1% | $89 / Sq Ft | |
| 12/01/2021 12/01/21 | Price Changed | $247,400 | -1.0% | $98 / Sq Ft | |
| 11/15/2021 11/15/21 | For Sale | $249,900 | -- | $99 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $3,852 | $236,800 | $47,360 | $189,440 |
| 2025 | $3,852 | $236,800 | $47,360 | $189,440 |
| 2024 | $3,852 | $236,800 | $47,360 | $189,440 |
| 2023 | $3,852 | $275,200 | $55,040 | $220,160 |
| 2022 | $1,989 | $275,200 | $55,040 | $220,160 |
| 2021 | $1,989 | $0 | $0 | $0 |
| 2020 | $1,989 | $0 | $0 | $0 |
| 2019 | $1,909 | $0 | $0 | $0 |
| 2018 | $1,909 | $0 | $0 | $0 |
| 2017 | $1,909 | $0 | $0 | $0 |
| 2016 | $1,909 | $0 | $0 | $0 |
| 2015 | $1,828 | $0 | $0 | $0 |
| 2014 | -- | $136,400 | $40,064 | $96,336 |
| 2012 | -- | $13,984 | $2,561 | $11,423 |
Source: Public Records
Agents Affiliated with this Home
-
John Lee
-
David Barrera
D
Buyer's Agent in 2024
David Barrera
Realty Mark Associates-CC
1 in this area
4 Total Sales
-
Mark Gatta
Seller's Agent in 2022
Mark Gatta
Opus Elite Real Estate
(215) 630-2040
4 in this area
168 Total Sales
-
Volkan Andic
Seller Co-Listing Agent in 2022
Volkan Andic
Opus Elite Real Estate
(267) 838-4005
4 in this area
171 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH2359558
APN: 621490100
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