NOT LISTED FOR SALE

Estimated Value: $257,000 - $328,000

-- Bed
3 Baths
2,000 Sq Ft
$147/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $250,000 $125 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,805/month

41 Days on Market

Highlights

  • City View
  • 4-minute walk to Fern Rock Transportation Center
  • Back, Front, and Side Yard
  • Victorian Architecture
  • No HOA
  • Radiant Heating System

About This Home

As of April 2021

Detached - Single Triplex 2+2+1. This is Victorian style building with 3 tenants, (one has given notice to move) Here's your opportunity to own a triplex. Live in one and let the other 2 pay your mortgage and put extra money in your pockets. Rents are currently low because the tenants are long term and the owner hasn't increased according to market. Property is being sold as is at this price... There are no known issues with the property and the location is perfect. Quiet and close to transportation. Walk to the subway only one block away. property is on an extra large lot and there is a full basement. All utilities are separate and tenants pay their own gas, electric and hot water. Owner wants to slow down and retire.

Last Agent to Sell the Property

Bob Merritt

Gold Keys Real Estate Specialists License #RM420540 Listed on: 01/23/2021

Gold Keys Real Estate Specialists

Last Buyer's Agent

NON MEMBER

NONMEM

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,300

Year Built

  • Built in 1940

Lot Details

  • 3,362 Sq Ft Lot
  • Lot Dimensions are 40.00 x 84.05
  • Back, Front, and Side Yard

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Victorian Architecture
  • Stone Foundation
  • Masonry

Interior Spaces

  • 2,000 Sq Ft Home
  • City Views
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Utilities

  • Radiant Heating System
  • Electric Water Heater
  • No Septic System

Listing and Financial Details

  • Tax Lot 236
  • Assessor Parcel Number 493076600

Community Details

Overview

  • No Home Owners Association
  • Fern Rock Subdivision

Building Details

  • Insurance Expense $1,000
  • Trash Expense $300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,300

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Expected On Market: 2021-01-23
  • Year Built: 1940
  • Automatically Close On Close Date: Yes
  • Remarks Public: Detached - Single Triplex 2+2+1. This is Victorian style building with 3 tenants, (one has given notice to move) Here's your opportunity to own a triplex. Live in one and let the other 2 pay your mortgage and put extra money in your pockets. Rents are currently low because the tenants are long term and the owner hasn't increased according to market. Property is being sold as is at this price... There are no known issues with the property and the location is perfect. Quiet and close to transportation. Walk to the subway only one block away. property is on an extra large lot and there is a full basement. All utilities are separate and tenants pay their own gas, electric and hot water. Owner wants to slow down and retire.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2000
  • Living Area Sq Ft: 2000
  • Price Per Sq Ft: 125.00
  • Above Grade Finished Sq Ft: 2000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 6006

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Spa: No
  • View: City
  • 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
  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Heating: Yes
  • Hot Water: Electric
  • Security: Fire Detection System
  • Sewer/Septic System: No Septic System
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 139655.00
  • Land Assessed Value: 24645.00
  • Land Use Code: A50
  • Lot Features: Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.08
  • Lot Dimensions: 40.00 x 84.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3362.00
  • Year Assessed: 2020
  • Zoning: RSA3

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 3
  • Rent Control: No
  • Total Actual Rent: 26400.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1236014
  • School Tax: 1262.00
  • Tax Annual Amount: 2300.00
  • Assessor Parcel Number: 493076600
  • Tax Lot: 236
  • Tax Total Finished Sq Ft: 2000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 04/16/2021

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2021
Closed on
Apr 15, 2021
Sold by
Merritt Marvin
Bought by
Butler Taziyana M
Seller's Agent
Bob Merritt
Gold Keys Real Estate Specialists
Buyer's Agent
NON MEMBER
NONMEM
List Price
$265,000
Sold Price
$250,000
Premium/Discount to List
-$15,000
-5.66%
Current Estimated Value
$289,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,952
Avg. Annual Appreciation
5.52%
Original Mortgage
$245,471
Outstanding Balance
$224,340
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$91,265

Purchase Details

Closed on
Mar 3, 2015
Sold by
Merritt Marvin and Marritt Marvin
Bought by
Merritt Marvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2008
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Marritt Marvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 2008
Sold by
Angrand Marceline and Descorbeth Georges
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 1, 2007
Sold by
Descorbeth Georges
Bought by
Angrand Marceline

Purchase Details

Closed on
Apr 17, 2007
Sold by
Angrand Marceline
Bought by
Descorbeth Georges

Purchase Details

Closed on
Sep 15, 2004
Sold by
Mcgonagle Vincent
Bought by
Gopshtein Gene
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
Butler Taziyana M $250,000 Alpert Abstract Llc
Merritt Marvin -- National Link
Marritt Marvin $112,000 Land Title Svcs Of Nj Inc
Federal Home Loan Mortgage Corporation $100,000 None Available
Angrand Marceline -- None Available
Descorbeth Georges -- None Available
Gopshtein Gene $82,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butler Taziyana M $245,471
Previous Owner Merritt Marvin $83,000
Previous Owner Marritt Marvin $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2021 04/16/21 Sold $250,000 0.0% $125 / Sq Ft
03/06/2021 03/06/21 Pending -- -- --
02/01/2021 02/01/21 Price Changed $250,000 -5.7% $125 / Sq Ft
01/23/2021 01/23/21 For Sale $265,000 -- $133 / 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 $2,717 $311,300 $62,260 $249,040
2024 $2,717 $311,300 $62,260 $249,040
2023 $2,717 $194,100 $38,820 $155,280
2022 $2,300 $194,100 $38,820 $155,280
2021 $2,300 $0 $0 $0
2020 $2,300 $164,300 $24,645 $139,655
2019 $2,138 $0 $0 $0
2018 $2,105 $0 $0 $0
2017 $2,105 $0 $0 $0
2016 $2,105 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $150,400 $23,534 $126,866
2012 -- $9,120 $3,339 $5,781
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH979664

Bright MLS

APN: 493076600