NOT LISTED FOR SALE

514 N Preston St Philadelphia, PA 19104

West Powelton Neighborhood

Estimated Value: $757,000 - $807,000

-- Bed
3 Baths
2,875 Sq Ft
$271/Sq Ft Est. Value

Last Sold July 19, 2018

Last sale price $499,000 $174 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,863/month

6 Days on Market

Highlights

  • No HOA
  • 3-minute walk to Lancaster Avenue And 40Th Street
  • Ceiling Fan
  • En-Suite Primary Bedroom
  • Central Air
  • 3-minute walk to Vidas Athletic Complex

About This Home

As of July 2018

Terrific Investment Opportunity! Don't miss this fully rented, income producing triplex in Powelton Village. Three, two bedrooms, one bath units. Each apartment includes hardwood, wide plank flooring, kitchen with maple cabinets and gas cooking, washer and dryer in unit and tons of storage space. A large private patio can be accessed from the first-floor unit. There is a separate entrance to the full basement where all utility meters are located. Currently being used as storage space this area could be converted into an apartment for additional income. Can't beat this location! Walk to Drexel, Upenn, or area hospitals. A few blocks from Septa Blue Route and many bus stops. Minutes away from 30th Street Station, with access to all Regional Train Lines. Within Drexel, University City Bus Loop (Blue & Gold Route). Walking distance from area restaurants. Close to public transportation with easy access to 30th street station, Downtown Philadelphia, Art Museum area, and several hospital areas. Across the street from Drexel's Vidas Athletic Complex.

Last Agent to Sell the Property

Tom Dilsheimer

Compass RE License #RS222491L Listed on: 05/24/2018

Compass RE

Last Buyer's Agent

Thomas Greer

Keller Williams Real Estate - Newtown License #RS324020

Keller Williams Real Estate - Newtown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $644

Year Built

  • Built in 2009

Lot Details

  • 1,524 Sq Ft Lot
  • Lot Dimensions are 17x92
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,875 Sq Ft Home
  • Ceiling Fan
  • Laundry in unit

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 241
  • Assessor Parcel Number 061194800

Community Details

Overview

  • No Home Owners Association
  • Powelton Village Subdivision

Building Details

  • Insurance Expense $1,359
  • Maintenance Expense $390
  • Other Expense $250
  • Operating Expense $4,527

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$644

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 250.00
  • Storage: Basement
  • Year Built: 2009
  • Remarks Public: Terrific Investment Opportunity! Don't miss this fully rented, income producing triplex in Powelton Village. Three, two bedrooms, one bath units. Each apartment includes hardwood, wide plank flooring, kitchen with maple cabinets and gas cooking, washer and dryer in unit and tons of storage space. A large private patio can be accessed from the first-floor unit. There is a separate entrance to the full basement where all utility meters are located. Currently being used as storage space this area could be converted into an apartment for additional income. Can't beat this location! Walk to Drexel, Upenn, or area hospitals. A few blocks from Septa Blue Route and many bus stops. Minutes away from 30th Street Station, with access to all Regional Train Lines. Within Drexel, University City Bus Loop (Blue & Gold Route). Walking distance from area restaurants. Close to public transportation with easy access to 30th street station, Downtown Philadelphia, Art Museum area, and several hospital areas. Across the street from Drexel's Vidas Athletic Complex.
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Entry Location: Common
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 2875
  • Living Area Sq Ft: 2875
  • Price Per Sq Ft: 173.57
  • Above Grade Finished Sq Ft: 2875
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 514

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • 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
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 1884.00
  • 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

  • Land Assessed Value: 46042.00
  • Land Use Code: W50
  • Lot Size Acres: 0.03
  • Lot Dimensions: 17X92
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1524.00
  • Property Condition: Good
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 43200.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 911606
  • Tax Annual Amount: 644.00
  • Assessor Parcel Number: 061194800
  • Tax Lot: 241
  • Tax Year: 2018
  • Close Date: 07/19/2018

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2018
Closed on
Jun 20, 2018
Sold by
Slesaransky Poe Philip M and Slesaransky Poe Graciela
Bought by
He Ayuhong and Li Li
Seller's Agent
Tom Dilsheimer
Compass RE
Buyer's Agent
Thomas Greer
Keller Williams Real Estate - Newtown
List Price
$499,000
Sold Price
$499,000
Current Estimated Value
$778,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,978
Avg. Annual Appreciation
6.18%
Original Mortgage
$374,250
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2009
Sold by
Mosheyev Roman
Bought by
Poe Philip M and Slesaransky Poe Graciela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
5.06%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 11, 2007
Sold by
Mosheyev Roman
Bought by
Mosheyev Roman
Source: Public Records

Range of Values:

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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
He Ayuhong $499,000 Title Services
Poe Philip M $325,000 None Available
Mosheyev Roman -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li $364,000
Closed He Ayuhong $374,250
Previous Owner Poe Philip M $239,000
Previous Owner Poe Philip M $243,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2018 07/19/18 Sold $499,000 0.0% $174 / Sq Ft
05/31/2018 05/31/18 Pending -- -- --
05/24/2018 05/24/18 For Sale $499,000 -- $174 / 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 $7,419 $530,000 $106,000 $424,000
2024 $7,419 $530,000 $106,000 $424,000
2023 $7,419 $530,000 $106,000 $424,000
2022 $6,909 $530,000 $106,000 $424,000
2021 $6,909 $0 $0 $0
2020 $6,909 $0 $0 $0
2019 $1,898 $0 $0 $0
2018 $645 $0 $0 $0
2017 $645 $0 $0 $0
2016 $111 $0 $0 $0
2015 $106 $0 $0 $0
2014 -- $264,000 $7,946 $256,054
2012 -- $14,400 $3,000 $11,400
Source: Public Records

Agents Affiliated with this Home

  • Tom Dilsheimer

    Seller's Agent in 2018

    Tom Dilsheimer

    Compass RE

    (610) 389-1482

    1 in this area

    144 Total Sales

    Tom Dilsheimer
    Section Image
  • Thomas Greer

    Buyer's Agent in 2018

    Thomas Greer

    Keller Williams Real Estate - Newtown

    (267) 974-1450

    124 Total Sales

    Thomas Greer
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001581324

Bright MLS

APN: 061194800

Pennsylvania Philadelphia County Philadelphia 19104 West Powelton

514 N Preston St, Philadelphia, PA

This home is located at 514 N Preston St, Philadelphia, PA 19104 since 24 May 2018 and is currently estimated at $778,978, approximately $270 per square foot. This property was built in 2009. 514 N Preston St is a home located in Philadelphia County with nearby schools including Alain Locke School, West Philadelphia High School, and Belmont Charter Elementary School.

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