NOT LISTED FOR SALE

Estimated Value: $867,950

-- Bed
-- Bath
2,764 Sq Ft
$314/Sq Ft Est. Value

Last Sold June 25, 2020

Last sale price $774,500 $280 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,373/month

12 Days on Market

Highlights

  • No HOA
  • Radiator
  • 4-minute walk to Roberto Clemente Park & Playground

About This Home

As of June 2020

Great opportunity to own your own business and have an income producing property in the the Art Museum/ Fairmount area. This property features a commercial space and 4 residential apartments upstairs. The first floor commercial space has an owner operated Ale House that could be included in the sale with inventory and liquor license. Contact listing agent for more information. All residential units are currently occupied; two units are renting for $1000, and the other two units are renting for $950 and $925 a month. By cosmetically upgrading each apartment the rental income could increase and value add to the property. Do not miss your opportunity to add to your portfolio with such an excellent investment in a great area! 5 total units!!!

Last Agent to Sell the Property

Christos Lois

PA RealtyWorks LLC Listed on: 01/31/2020

Last Buyer's Agent

Kelly Gidzinski

Century 21 Advantage Gold-South Philadelphia

Century 21 Advantage Gold-South Philadelphia

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,244

Year Built

  • Built in 1920

Lot Details

  • 1,272 Sq Ft Lot
  • Lot Dimensions are 17.00 x 74.83

Home Design

  • 2,764 Sq Ft Home
  • Masonry

Utilities

  • Window Unit Cooling System
  • Radiator
  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Tax Lot 171
  • Assessor Parcel Number 871086750

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,244

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Remarks Public: Great opportunity to own your own business and have an income producing property in the the Art Museum/ Fairmount area. This property features a commercial space and 4 residential apartments upstairs. The first floor commercial space has an owner operated Ale House that could be included in the sale with inventory and liquor license. Contact listing agent for more information. All residential units are currently occupied; two units are renting for $1000, and the other two units are renting for $950 and $925 a month. By cosmetically upgrading each apartment the rental income could increase and value add to the property. Do not miss your opportunity to add to your portfolio with such an excellent investment in a great area! 5 total units!!!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes
  • Total Sq Ft: 2764
  • Living Area Sq Ft: 2764
  • Price Per Sq Ft: 294.86
  • Above Grade Finished Sq Ft: 2764
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 565

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

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Land Use Code: Y50
  • Lot Size Acres: 0.03
  • Lot Dimensions: 17.00 x 74.83
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1272.00
  • Year Assessed: 2020
  • Zoning: CMX1

Rental Info

  • Existing Lease Type: Long Term, Yearly
  • Rent Control: No
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • School Tax: 3975.00
  • Tax Annual Amount: 7244.00
  • Assessor Parcel Number: 871086750
  • Tax Lot: 171
  • Tax Total Finished Sq Ft: 2764
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 06/25/2020

Multi Family

  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2020
Closed on
May 8, 2020
Sold by
Vangelis Real Estate Llc
Bought by
Huynh Hanh T
Seller's Agent
Christos Lois
PA RealtyWorks LLC
Buyer's Agent
Kelly Gidzinski
Century 21 Advantage Gold-South Philadelphia
List Price
$815,000
Sold Price
$774,500
Premium/Discount to List
-$40,500
-4.97%
Current Estimated Value
$867,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,450
Avg. Annual Appreciation
2.21%
Original Mortgage
$240,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2008
Sold by
Brandt Stephen M and Brandt Rosemarie
Bought by
Vangelis Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 20, 1999
Sold by
Cohen Sheldon C
Bought by
Brandt Stephen M and Brandt Rosemarie

Purchase Details

Closed on
Jan 7, 1997
Sold by
Cohen Marvin C and Cohen Sheldon C
Bought by
Cohen Sheldon C
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Huynh Hanh T $774,500 Colony Abstract Co Inc
Vangelis Real Estate Llc $396,000 None Available
Brandt Stephen M $115,000 --
Cohen Sheldon C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Huynh Hanh T $240,000
Previous Owner Vangelis Real Estate Llc $400,000
Previous Owner Brandt Stephen M $303,750
Previous Owner Brandt Stephen M $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2020 06/25/20 Sold $774,500 -5.0% $280 / Sq Ft
02/12/2020 02/12/20 Pending -- -- --
01/31/2020 01/31/20 For Sale $815,000 -- $295 / 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 $8,159 $689,200 $137,840 $551,360
2024 $8,159 $689,200 $137,840 $551,360
2023 $8,159 $582,900 $116,580 $466,320
2022 $7,244 $582,900 $116,580 $466,320
2021 $7,244 $0 $0 $0
2020 $7,244 $0 $0 $0
2019 $7,173 $0 $0 $0
2018 $7,153 $0 $0 $0
2017 $5,039 $0 $0 $0
2016 $5,039 $0 $0 $0
2015 $4,824 $0 $0 $0
2014 -- $360,000 $31,800 $328,200
2012 -- $27,040 $6,506 $20,534
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAPH867830

Bright MLS

APN: 871086750