NOT LISTED FOR SALE

Estimated Value: $535,842

-- Bed
-- Bath
3,000 Sq Ft
$179/Sq Ft Est. Value

Last Sold May 16, 2022

Last sale price $525,000 $175 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,523/month

17 Days on Market

Highlights

  • Straight Thru Architecture
  • Radiator
  • 4-minute walk to Delancey Park

About This Home

As of May 2022

Incredible opportunity in a prime location! 511 S 4th street is located between South street and Lombard street in bustling Queen Village! This property spans 4 stories and has endless possibilities ranging from an Owner occupied work and living situation to conversion into a multi-unit building and so much more. The oversized lot (17'x80') provides great square footage throughout.
The basement runs the full length of the building as do the 1st and 2nd floors, while the 3rd and 4th floors are only part of the lower floors square footage. (Approximate dimensions available upon request).

Currently the entire building is used by one occupant, but possible best use could be to divide into multiple units.
Call your contractor and architect and discuss the best options for this large property in a prime location.

Buyers are responsible for their own due diligence regarding square footage, approved use and zoning. Property is being sold as is without zoning approval contingencies.
Please contact the listing agent to discuss possible best use financial details.

Last Agent to Sell the Property

Jennifer Geddes

KW Empower License #RS321126 Listed on: 03/17/2022

KW Empower

Last Buyer's Agent

Angie Liu

BY Real Estate License #RS344330

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,236

Year Built

  • Built in 1900

Lot Details

  • 1,260 Sq Ft Lot
  • Lot Dimensions are 18.00 x 70.00

Parking

  • On-Street Parking

Home Design

  • Straight Thru Architecture
  • Stone Foundation
  • Masonry

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Radiator
  • Natural Gas Water Heater

Community Details

  • Queen Village Subdivision

Listing and Financial Details

  • Tax Lot 49
  • Assessor Parcel Number 882834202

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,236

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2022-03-17
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Foundation Details: Stone
  • Total Sq Ft: 4000
  • Living Area Sq Ft: 3000
  • Price Per Sq Ft: 200.00
  • Above Grade Finished Sq Ft: 3000
  • Below Grade Sq Ft: 1000
  • Total Below Grade Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 511

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: Wall Unit, Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Land Use Code: AD0
  • Lot Size Acres: 0.03
  • Lot Dimensions: 18.00 x 70.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1260.00
  • Year Assessed: 2022
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 3971.00
  • Tax Annual Amount: 7236.00
  • Assessor Parcel Number: 882834202
  • Tax Lot: 49
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/16/2022

Multi Family

  • Single Room Units Count: 1

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2022
Closed on
May 16, 2022
Sold by
511 S 4Th Street Realty Llc
Bought by
Ach Century Llc
Seller's Agent
Jennifer Geddes
KW Empower
Buyer's Agent
Angie Liu
BY Real Estate
List Price
$600,000
Sold Price
$525,000
Premium/Discount to List
-$75,000
-12.5%
Current Estimated Value
$535,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,842
Avg. Annual Appreciation
-0.43%

Purchase Details

Closed on
Apr 30, 2014
Sold by
Davis Peter and Davis Karen
Bought by
511 S 4Th Street Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.41%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 6, 1986
Bought by
Davis Peter and Davis Karen
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ach Century Llc $525,000 Quest Abstract
511 S 4Th Street Realty Llc $315,000 None Available
Davis Peter -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ach Century Llc $650,000
Previous Owner 511 S 4Th Street Realty Llc $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2022 05/16/22 Sold $525,000 -12.5% $175 / Sq Ft
03/17/2022 03/17/22 For Sale $600,000 -- $200 / 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 $7,237 $599,000 $119,800 $479,200
2024 $7,237 $599,000 $119,800 $479,200
2023 $7,237 $517,000 $103,400 $413,600
2022 $7,237 $517,000 $103,400 $413,600
2021 $7,237 $0 $0 $0
2020 $7,166 $0 $0 $0
2019 $7,166 $0 $0 $0
2018 $7,080 $0 $0 $0
2017 $4,619 $0 $0 $0
2016 $7,672 $0 $0 $0
2015 $7,345 $0 $0 $0
2014 -- $548,100 $157,500 $390,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2093574

Bright MLS

APN: 882834202