$319,400
SOLD JUL 31, 2013
-- Bed
-- Bath
2,544 Sq Ft
2,200 Sq Ft Lot

Recently Sold

$126 Per Sq Ft

7% Below List Price

21 Days on Market

Highlights

  • No HOA
  • 5-minute walk to Baltimore Avenue And 51St Street
  • North Facing Home
  • En-Suite Primary Bedroom
  • Forced Air Heating and Cooling System
  • 3-minute walk to Malcolm X Park

About This Home

As of April 2016

Fully rented and updated Univeristy City triplex. Three apartments, all updated with separate utilities, central air, and in-unit laundry rented for a combined $2725/mo. Bonus studio/efficiency/office rented for $225/mo. Rear yard, front porch. A true turn-key investment!

Last Agent to Sell the Property

Alec Schwartz

BHHS Fox&Roach-Newtown Square License #AB066303 Listed on: 05/31/2013

BHHS Fox&Roach-Newtown Square

Last Buyer's Agent

Jeff Block

Compass RE License #AB065556

Compass RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,089

Year Built

  • Built in 1933

Lot Details

  • 2,200 Sq Ft Lot
  • Lot Dimensions are 20x110
  • North Facing Home

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,544 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Gas Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 462026900

Community Details

Overview

  • No Home Owners Association
  • University City Subdivision

Building Details

  • Electric Expense $600
  • Insurance Expense $2,382
  • Operating Expense $5,821

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,089

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Tenants Personal Property
  • Inclusions: Refrigerators
  • New Construction: No
  • Year Built: 1933
  • Remarks Public: Fully rented and updated Univeristy City triplex. Three apartments, all updated with separate utilities, central air, and in-unit laundry rented for a combined $2725/mo. Bonus studio/efficiency/office rented for $225/mo. Rear yard, front porch. A true turn-key investment!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Entry Location: Foyer
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 2544
  • Living Area Sq Ft: 2544
  • Price Per Sq Ft: 135.61
  • Above Grade Finished Sq Ft: 2544
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5040

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: Yes
  • Cooling Type: Central A/C
  • Electric Expense: 600.00
  • Electric Service: Circuit Breakers
  • Heating Type: Heat Pump - Gas Backup, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 750.00
  • 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: 17101.00
  • Land Assessed Value: 4275.00
  • Land Use Code: N50
  • Lot Size Acres: 0.05
  • Lot Dimensions: 20X110
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2200.00
  • Zoning: R5

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 35400.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Single Room Units Count: 1

Tax Info

  • Assessor Parcel Number: 1216351
  • Tax Annual Amount: 2089.00
  • Assessor Parcel Number: 462026900
  • Tax Lot: 40
  • Tax Year: 2013
  • Close Date: 07/31/2013

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2016
Closed on
Apr 15, 2016
Sold by
Weisber Richar D C and Vonweisber Maxilien Von
Bought by
Fierro Hector and Mccoy Bridget
Seller's Agent
Nathan S. Naness
KW Empower
Buyer's Agent
Jacqui Greenberg
Compass RE
List Price
$379,900
Sold Price
$390,000
Premium/Discount to List
$10,100
2.66%
Current Estimated Value
$680,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,937
Avg. Annual Appreciation
5.71%

Purchase Details

Listed on
May 31, 2013
Closed on
Jul 31, 2013
Sold by
Moore Andrew Philip and Day Michael Christopher
Bought by
Weisberg Richard C and Vonweisberg Maximilien Von
Seller's Agent
Alec Schwartz
BHHS Fox&Roach-Newtown Square
Buyer's Agent
Jeff Block
Compass RE
List Price
$345,000
Sold Price
$319,400
Premium/Discount to List
-$25,600
-7.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.65%
Original Mortgage
$232,500
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 7, 2004
Sold by
Paige Michael and Emc Mortgage Corp
Bought by
Archer Iv Llc

Purchase Details

Closed on
Jun 26, 1998
Sold by
Nationwide Properties
Bought by
Paige Michael
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $390,000 None Available
Deed $319,400 None Available
Sheriffs Deed $60,000 --
Deed $90,000 --
Deed $31,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $199,000 Credit Line Revolving
Previous Owner $232,500 Commercial
Previous Owner $295,063 FHA
Previous Owner $290,703 Commercial
Previous Owner $1,057,000 Commercial
Previous Owner $105,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2016 04/15/16 Sold $390,000 +2.7% $153 / Sq Ft
03/07/2016 03/07/16 Pending -- -- --
03/02/2016 03/02/16 For Sale $379,900 +18.9% $149 / Sq Ft
07/31/2013 07/31/13 Sold $319,400 -7.4% $126 / Sq Ft
06/21/2013 06/21/13 Pending -- -- --
05/31/2013 05/31/13 For Sale $345,000 -- $136 / 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 $6,219 $525,400 $105,000 $420,400
2024 $6,219 $525,400 $105,000 $420,400
2023 $6,219 $444,300 $88,860 $355,440
2022 $5,700 $444,300 $88,860 $355,440
2021 $5,700 $0 $0 $0
2020 $5,700 $0 $0 $0
2019 $5,487 $0 $0 $0
2018 $4,021 $0 $0 $0
2017 $4,324 $0 $0 $0
2016 $4,185 $0 $0 $0
2015 $2,644 $0 $0 $0
2014 -- $207,200 $13,492 $193,708
2012 -- $21,376 $4,275 $17,101
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003469846

Bright MLS

APN: 462026900