NOT LISTED FOR SALE

516 N 34th St Philadelphia, PA 19104

Mantua Neighborhood

Estimated Value: $1,163,080 - $1,200,000

-- Bed
-- Bath
4,731 Sq Ft
$250/Sq Ft Est. Value

Last Sold April 08, 2024

Last sale price $1,100,000 $233 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,620/month

43 Days on Market

About This Home

As of April 2024

RARE opportunity to buy a newer built 4 unit building blocks from Drexel's campus. Buildings across the street and next door ( one block North) are selling for closer to 150k per bed. This fully leased 4 unit building is made up of 4 - 3 bedroom apartments that each occupy an entire floor of the building. Boasting the balance of the 10 year tax abatement, and a super location this is not one to be missed. Call or email for financials and and to schedule your tour before it's gone.

Last Agent to Sell the Property

Karl Klotzbach

Coldwell Banker Realty Listed on: 01/10/2024

Coldwell Banker Realty

Last Buyer's Agent

Nicky Xu

BY Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,773

Year Built

  • Built in 2016

Lot Details

  • 1,698 Sq Ft Lot
  • Lot Dimensions are 19.00 x 91.00

Parking

  • On-Street Parking

Home Design

  • 4,731 Sq Ft Home
  • Quadruplex
  • Bi-Level Home
  • Concrete Perimeter Foundation
  • Masonry

Utilities

  • 90% Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • 3 Units
  • University City Subdivision

Listing and Financial Details

  • Tax Lot 92
  • Assessor Parcel Number 242152700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,773

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Bi-Level
  • Ownership: Fee Simple
  • Exclusions: Tenants personal property
  • New Construction: No
  • Year Built: 2016
  • Remarks Public: RARE opportunity to buy a newer built 4 unit building blocks from Drexel's campus. Buildings across the street and next door ( one block North) are selling for closer to 150k per bed. This fully leased 4 unit building is made up of 4 - 3 bedroom apartments that each occupy an entire floor of the building. Boasting the balance of the 10 year tax abatement, and a super location this is not one to be missed. Call or email for financials and and to schedule your tour before it's gone.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Total Sq Ft: 4731
  • Living Area Sq Ft: 4731
  • Price Per Sq Ft: 258.93
  • Above Grade Finished Sq Ft: 4731
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 516

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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • 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: Listing Agent

Lot Info

  • Land Use Code: W50
  • Lot Size Acres: 0.04
  • Lot Dimensions: 19.00 x 91.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1698.00
  • Year Assessed: 2023
  • Zoning: RM1

Rental Info

  • Rent Control: No
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • School Tax: 1522.00
  • Tax Annual Amount: 2773.00
  • Assessor Parcel Number: 242152700
  • Tax Lot: 92
  • Tax Total Finished Sq Ft: 4731
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 04/08/2024

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2024
Closed on
Apr 8, 2024
Sold by
1921 N Gratz St Llc
Bought by
Huang Xu Dong and Zhuo Xiao Lan
Seller's Agent
Karl Klotzbach
Coldwell Banker Realty
Buyer's Agent
Nicky Xu
BY Real Estate
List Price
$1,250,000
Sold Price
$1,100,000
Premium/Discount to List
-$150,000
-12%
Views
21
Current Estimated Value
$1,181,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,540
Avg. Annual Appreciation
5.24%
Original Mortgage
$770,000
Outstanding Balance
$746,631
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$434,909

Purchase Details

Closed on
May 17, 2019
Sold by
516 N 34 Street Llc
Bought by
1921 N Gratz St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 18, 2017
Sold by
Pmj Develoment Llc
Bought by
516 N 34 Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,750
Interest Rate
3.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 14, 2012
Sold by
Quitman Wardell
Bought by
Pmj Development Llc
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
Huang Xu Dong $1,100,000 First City Abstract
1921 N Gratz St Llc $900,000 Title Services
516 N 34 Street Llc $785,000 Title Services
Pmj Development Llc $80,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Xu Dong $770,000
Previous Owner 1921 N Gratz St Llc $675,000
Previous Owner 516 N 34 Street Llc $588,750
Previous Owner Pmj Development Llc $570,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2024 04/08/24 Sold $1,100,000 -10.2% $233 / Sq Ft
02/06/2024 02/06/24 Price Changed $1,225,000 -2.0% $259 / Sq Ft
01/10/2024 01/10/24 For Sale $1,250,000 -- $264 / 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 $2,774 $1,637,000 $327,400 $1,309,600
2024 $2,774 $1,637,000 $327,400 $1,309,600
2023 $2,774 $990,800 $198,160 $792,640
2022 $1,201 $198,160 $198,160 $0
2021 $1,201 $0 $0 $0
2020 $1,201 $0 $0 $0
2019 $1,156 $0 $0 $0
2018 $638 $0 $0 $0
2017 $1,674 $0 $0 $0
2016 $441 $0 $0 $0
2015 $422 $0 $0 $0
2014 -- $31,500 $31,500 $0
2012 -- $4,896 $4,896 $0
Source: Public Records

Agents Affiliated with this Home

  • Karl Klotzbach

    Seller's Agent in 2024

    Karl Klotzbach

    Coldwell Banker Realty

    (484) 363-3657

    1 in this area

    57 Total Sales

    Karl Klotzbach
    Section Image
  • Nicky Xu

    Buyer's Agent in 2024

    Nicky Xu

    BY Real Estate

    (917) 833-5337

    1 in this area

    71 Total Sales

    Nicky Xu
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH2311812

Bright MLS

APN: 242152700

Pennsylvania Philadelphia County Philadelphia 19104 Mantua

516 N 34th St, Philadelphia, PA

This home is located at 516 N 34th St, Philadelphia, PA 19104 since 10 January 2024 and is currently estimated at $1,181,540, approximately $249 per square foot. This property was built in 2016. 516 N 34th St is a home located in Philadelphia County with nearby schools including Mcmichael Morton School, West Philadelphia High School, and Belmont Charter Elementary School.

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