NOT LISTED FOR SALE

Estimated Value: $689,000 - $917,888

-- Bed
-- Bath
3,500 Sq Ft
$230/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $850,000 $243 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,741/month

Highlights

  • Traditional Architecture
  • Heat Pump System
  • 2-minute walk to Barkan Park

About This Home

As of June 2023

This developer is known for sleek Euro-inspired style, efficient design and a great eye for detail that makes full occupancy a breeze—and this newly renovated triplex is no exception. Each unit has eco-friendly mini split heating and cooling and features beautiful yet super-durable engineered wood flooring; stylish kitchens with sleek stainless appliances including slide-in electric ranges, quartz countertops, wood grained flat-front cabinetry and undermount stainless sinks with gooseneck faucets; bedrooms with great closet space and soft natural light that feature a backdrop of painted exposed brick and cool pendant bedside lights; and bathrooms decked out with charcoal-hued porcelain tile, modern wood vanities, Kohler fixtures and frameless glass shower doors. The first-floor unit is a bilevel 3bed/3bath leased through 3/31/2024 with exclusive access to the huge rear patio and a full-size stackable LG washer and dryer on the finished lower level. The upper units are both 2bed/2bath with layouts optimized for privacy with bedrooms at the front and rear, in-unit laundry and distinctive kitchen setups. The building is completely electric and separately metered for easy management, plus there’s an electric car charging station set up out front. Community greenspace is nearby not just at Malcolm X Park but Cedar and Clark parks too, and the best of Baltimore Ave and the 52nd St corridor are at your fingertips. Application pending for a 10-year tax abatement.

Last Agent to Sell the Property

Holly Mack-Ward

Elfant Wissahickon-Rittenhouse Square Listed on: 05/15/2023

Elfant Wissahickon-Rittenhouse Square

Co-Listed By

Robin Mack-Ward

Elfant Wissahickon-Rittenhouse Square

Last Buyer's Agent

Lisa Risco

Keller Williams Main Line License #AB067753

Keller Williams Main Line

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,466

Year Built

  • Built in 1925

Lot Details

  • 1,942 Sq Ft Lot
  • Lot Dimensions are 20.00 x 97.00

Parking

  • On-Street Parking

Home Design

  • 3,500 Sq Ft Home
  • Triplex
  • Traditional Architecture
  • Masonry

Utilities

  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Finished Basement

Community Details

  • 3 Units
  • Walnut Hill Subdivision

Listing and Financial Details

  • Tax Lot 134
  • Assessor Parcel Number 602103400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,466

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Tenants' personal property
  • New Construction: No
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Remarks Public: This developer is known for sleek Euro-inspired style, efficient design and a great eye for detail that makes full occupancy a breeze—and this newly renovated triplex is no exception. Each unit has eco-friendly mini split heating and cooling and features beautiful yet super-durable engineered wood flooring; stylish kitchens with sleek stainless appliances including slide-in electric ranges, quartz countertops, wood grained flat-front cabinetry and undermount stainless sinks with gooseneck faucets; bedrooms with great closet space and soft natural light that feature a backdrop of painted exposed brick and cool pendant bedside lights; and bathrooms decked out with charcoal-hued porcelain tile, modern wood vanities, Kohler fixtures and frameless glass shower doors. The first-floor unit is a bilevel 3bed/3bath leased through 3/31/2024 with exclusive access to the huge rear patio and a full-size stackable LG washer and dryer on the finished lower level. The upper units are both 2bed/2bath with layouts optimized for privacy with bedrooms at the front and rear, in-unit laundry and distinctive kitchen setups. The building is completely electric and separately metered for easy management, plus there’s an electric car charging station set up out front. Community greenspace is nearby not just at Malcolm X Park but Cedar and Clark parks too, and the best of Baltimore Ave and the 52nd St corridor are at your fingertips. Application pending for a 10-year tax abatement.
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 3500
  • Living Area Sq Ft: 3500
  • Price Per Sq Ft: 242.86
  • Above Grade Finished Sq Ft: 3500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5043

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
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: 3rd Party

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 255280.00
  • Land Assessed Value: 63820.00
  • Land Use Code: N70
  • Lot Size Acres: 0.04
  • Lot Dimensions: 20.00 x 97.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1942.00
  • Year Assessed: 2023
  • Zoning: RSA3

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1324572
  • School Tax: 2451.00
  • Tax Annual Amount: 4466.00
  • Assessor Parcel Number: 602103400
  • Tax Lot: 134
  • Tax Year: 2023
  • Close Date: 06/16/2023

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2023
Closed on
Jun 5, 2023
Sold by
Mahari 4904 Real Estate Llc
Bought by
Holland Frank
Seller's Agent
Holly Mack-Ward
Elfant Wissahickon-Rittenhouse Square
Buyer's Agent
Lisa Risco
Keller Williams Main Line
List Price
$850,000
Sold Price
$850,000
Current Estimated Value
$803,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$46,556
Avg. Annual Appreciation
-2.30%
Original Mortgage
$63,500
Outstanding Balance
$62,069
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$745,347

Purchase Details

Listed on
May 13, 2022
Closed on
Jun 9, 2022
Sold by
Patterson Horace S
Bought by
Mahari 4904 Real Estate Llc
Seller's Agent
Anthony Patterson
Main Line Investors Group
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$279,000
Sold Price
$265,000
Premium/Discount to List
-$14,000
-5.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
213.51%
Original Mortgage
$478,750
Interest Rate
4.38%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 10, 1997
Sold by
Patterson Robert W and Patterson Leola P
Bought by
Patterson Horace S
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
Holland Frank $850,000 None Listed On Document
Mahari 4904 Real Estate Llc $265,000 None Listed On Document
Patterson Horace S $45,936 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holland Frank $63,500
Previous Owner Mahari 4904 Real Estate Llc $764,750
Previous Owner Mahari 4904 Real Estate Llc $478,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Sold $850,000 0.0% $243 / Sq Ft
05/15/2023 05/15/23 For Sale $850,000 +220.8% $243 / Sq Ft
05/12/2023 05/12/23 Pending -- -- --
06/09/2022 06/09/22 Sold $265,000 -11.6% $107 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
05/13/2022 05/13/22 Price Changed $299,900 +7.5% $121 / Sq Ft
05/13/2022 05/13/22 For Sale $279,000 -- $113 / 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 $4,467 $504,200 $100,840 $403,360
2024 $4,467 $504,200 $100,840 $403,360
2023 $4,467 $319,100 $63,820 $255,280
2022 $3,418 $319,100 $63,820 $255,280
2021 $3,418 $0 $0 $0
2020 $3,418 $0 $0 $0
2019 $3,291 $0 $0 $0
2018 $3,113 $0 $0 $0
2017 $3,113 $0 $0 $0
2016 $3,113 $0 $0 $0
2015 $2,744 $0 $0 $0
2014 -- $204,800 $30,135 $174,665
2012 -- $17,024 $3,405 $13,619
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2235678

Bright MLS

APN: 602103400