NOT LISTED FOR SALE

Estimated Value: $560,000 - $571,980

-- Bed
4 Baths
1,890 Sq Ft
$298/Sq Ft Est. Value

Last Sold October 09, 2020

Last sale price $440,000 $233 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,420/month

Highlights

  • Traditional Architecture
  • No HOA
  • 3-minute walk to Malcolm X Park
  • Wood Flooring
  • Forced Air Heating System

About This Home

As of October 2020

This Great Investment opportunity for an Owner Occupant Investor is located two blocks from Walnut Hill, and Cedar Park. Convenietly located minutes away from University City, Upenn, and Chop. Occupy one unit and collect rents from the other units. This Property has a surveillance video system, and all utilities are separately metered. All tenants pay their own utilities. Gross income of $3,500 a month which equals to $42,000 a year, and the area can command higher rents. This is also 2 blocks from a 54 million dollar Mixed used project being developed with retail shops, and restaurants. This opportunity will not be around long.

Last Agent to Sell the Property

Taison DeVore

(215) 678-4254 taisondevore@gmail.com Trinity Property Advisors License #RS330459 Listed on: 01/25/2020

Last Buyer's Agent

John Bojazi

(215) 787-8205 jbojaziesq@gmail.com Homestarr Realty

Homestarr Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,258

Year Built

  • Built in 1925

Lot Details

  • 1,721 Sq Ft Lot
  • Lot Dimensions are 20.25 x 85.00
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Traditional Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Masonry

Interior Spaces

  • 1,890 Sq Ft Home
  • Wood Flooring

Utilities

  • Ductless Heating Or Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for water, snow removal
  • Tax Lot 70
  • Assessor Parcel Number 602104700

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $2,760

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,258

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Automatically Close On Close Date: Yes
  • Special Features: None

Interior Features

  • Flooring Type: Hardwood
  • Total Sq Ft: 1890
  • Living Area Sq Ft: 1890
  • Price Per Sq Ft: 237.04
  • Above Grade Finished Sq Ft: 1890
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry, Brick
  • Roof: Flat
  • 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 Type: Ductless/Mini-Split
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 258591.00
  • Land Assessed Value: 45609.00
  • Lot Size Acres: 0.04
  • Lot Dimensions: 20.25 x 85.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1721.00
  • Property Condition: Good
  • Zoning: RSA-5

Rental Info

  • Ground Rent Exists: No
  • Number Of Units Month To Month: 2
  • Owner Pays: Water, Snow Removal
  • Total Actual Rent: 42000.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1324584
  • School Tax: 2337.00
  • Tax Annual Amount: 4258.00
  • Assessor Parcel Number: 602104700
  • Tax Lot: 70
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

Multi Family

  • Gross Income: 42000.00
  • Operating Expense: 2760.00

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2020
Closed on
Nov 2, 2020
Sold by
Dmh Rentals Llc
Bought by
Baroudi Sahar Al
Seller's Agent
Taison DeVore
Trinity Property Advisors
Buyer's Agent
John Bojazi
Homestarr Realty
List Price
$448,000
Sold Price
$440,000
Premium/Discount to List
-$8,000
-1.79%
Current Estimated Value
$563,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,993
Avg. Annual Appreciation
5.02%
Original Mortgage
$432,030
Outstanding Balance
$382,687
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$181,306

Purchase Details

Listed on
Mar 29, 2016
Closed on
May 31, 2016
Sold by
Malkowski James Joseph
Bought by
Dmh Rentals Llc
Seller's Agent
Ryan Andrews
RE/MAX One Realty
Buyer's Agent
Ella Harvey
Super Realty Group, LLC
List Price
$149,900
Sold Price
$130,000
Premium/Discount to List
-$19,900
-13.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.27%
Original Mortgage
$186,900
Interest Rate
3.61%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 27, 2012
Sold by
Malkowski Robert C
Bought by
Malkowski James Joseph
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
Baroudi Sahar Al $440,000 Interstate Abstract
Dmh Rentals Llc $130,000 None Available
Malkowski James Joseph $66,360 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baroudi Sahar Al $432,030
Previous Owner Dmh Rentals Llc $186,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/09/2020 10/09/20 Sold $440,000 -1.8% $233 / Sq Ft
08/27/2020 08/27/20 Pending -- -- --
06/19/2020 06/19/20 For Sale $448,000 +1.8% $237 / Sq Ft
03/09/2020 03/09/20 Off Market $440,000 -- --
01/25/2020 01/25/20 For Sale $479,000 +268.5% $253 / Sq Ft
05/31/2016 05/31/16 Sold $130,000 -13.3% $69 / Sq Ft View Prior Sale
04/23/2016 04/23/16 Pending -- -- --
03/29/2016 03/29/16 For Sale $149,900 -- $79 / 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
2026 $5,619 $662,200 $132,440 $529,760
2025 $5,619 $662,200 $132,440 $529,760
2024 $5,619 $662,200 $132,440 $529,760
2023 $5,619 $401,400 $80,280 $321,120
2022 $4,258 $401,400 $80,280 $321,120
2021 $4,258 $0 $0 $0
2020 $4,258 $0 $0 $0
2019 $4,099 $0 $0 $0
2018 $2,304 $0 $0 $0
2017 $2,304 $0 $0 $0
2016 $2,168 $0 $0 $0
2015 $1,845 $0 $0 $0
2014 -- $137,700 $26,715 $110,985
2012 -- $11,936 $2,896 $9,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH866098

Bright MLS

APN: 602104700