NOT LISTED FOR SALE

61 W Logan St Philadelphia, PA 19144

Germantown Neighborhood

Estimated Value: $227,000 - $235,000

-- Bed
3 Baths
2,266 Sq Ft
$102/Sq Ft Est. Value

Last Sold July 12, 2023

Last sale price $212,000 $94 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,495/month

9 Days on Market

About This Home

As of July 2023

61 W. Logan Street is an investors delight. It is currently set up as three units, two bedrooms on the 1st floor, two bedrooms on the 2nd floor and one bedroom on the 3rd floor. It is ready for its next owner and is vacant. The property needs some work and updating but it is not a shell. It is located across the street from a school, around the corner from public transportation and in close proximity to all your needs. The property is set up as a triplex. Buyer must do their own due diligence to confirm that the zoning classification for the property conforms to their desires. This is an As-Is sale. Buyer's are welcome to perform any inspections for their own knowledge however the seller will not make any repairs. Make some updates to this multi-unit property and start collecting rent or live in one unit and have the other unit(s) pay your mortgage. Bring your best offer. Seller says sell.

Last Agent to Sell the Property

Debra Bennett

Leverage Real Estate License #RM422511 Listed on: 03/18/2023

Co-Listed By

Rav Bennett

Leverage Real Estate License #RS364243

Last Buyer's Agent

Wayne Frink

Frink Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,946

Year Built

  • Built in 1960

Lot Details

  • 2,156 Sq Ft Lot
  • Lot Dimensions are 22.00 x 100.00

Parking

  • On-Street Parking

Home Design

  • 2,266 Sq Ft Home
  • Triplex
  • Brick Foundation
  • Masonry

Utilities

  • Heating Available
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • 3 Vacant Units

Listing and Financial Details

  • Tax Lot 128
  • Assessor Parcel Number 123044600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,946

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Foundation Details: Brick/Mortar
  • Total Sq Ft: 2266
  • Living Area Sq Ft: 2266
  • Price Per Sq Ft: 103.71
  • Above Grade Finished Sq Ft: 2266
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 61

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: No
  • Heating Fuel: Natural Gas, Electric
  • Heating: Yes
  • Hot Water: Natural Gas, 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: N50
  • Lot Size Acres: 0.05
  • Lot Dimensions: 22.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2156.00
  • Year Assessed: 2023
  • Zoning: RTA1

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1616.00
  • Tax Annual Amount: 2946.00
  • Assessor Parcel Number: 123044600
  • Tax Lot: 128
  • Tax Total Finished Sq Ft: 2266
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 07/12/2023

Multi Family

  • Number Of Units Vacant: 3

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2023
Closed on
Jul 12, 2023
Sold by
Kennedy Marcus
Bought by
Mcpherson Mark
Seller's Agent
Debra Bennett
Leverage Real Estate
Buyer's Agent
Wayne Frink
Frink Realty, LLC
List Price
$235,000
Sold Price
$212,000
Premium/Discount to List
-$23,000
-9.79%
Views
118
Current Estimated Value
$231,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,000
Avg. Annual Appreciation
4.68%
Original Mortgage
$321,986
Outstanding Balance
$315,871
Interest Rate
6.79%
Mortgage Type
FHA
Estimated Equity
-$81,871

Purchase Details

Closed on
Apr 24, 2017
Sold by
Kennedy Deatrice
Bought by
Kennedy Marcus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,917
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 16, 2005
Sold by
Williams Jeannette R
Bought by
Kennedy Deatrice
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
Mcpherson Mark $212,000 Germantown Title
Kennedy Marcus $115,000 Allstate Abstract Inc
Kennedy Deatrice -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcpherson Mark $321,986
Previous Owner Kennedy Marcus $112,917
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2023 07/12/23 Sold $212,000 -9.8% $94 / Sq Ft
03/18/2023 03/18/23 For Sale $235,000 -- $104 / 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 $2,947 $275,700 $55,140 $220,560
2024 $2,947 $275,700 $55,140 $220,560
2023 $2,947 $210,500 $42,100 $168,400
2022 $1,461 $210,500 $42,100 $168,400
2021 $1,461 $0 $0 $0
2020 $1,461 $0 $0 $0
2019 $1,442 $0 $0 $0
2018 $1,443 $0 $0 $0
2017 $1,443 $0 $0 $0
2016 $1,443 $0 $0 $0
2015 $1,382 $0 $0 $0
2014 -- $103,100 $12,723 $90,377
2012 -- $14,176 $1,354 $12,822
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    Debra Bennett

    Leverage Real Estate

    (215) 913-6803

    2 in this area

    45 Total Sales

    Debra Bennett
    Section Image

  • R

    Seller Co-Listing Agent in 2023

    Rav Bennett

    Leverage Real Estate

    (215) 626-2292

    1 in this area

    12 Total Sales

    Rav Bennett
    Section Image
  • Wayne Frink

    Buyer's Agent in 2023

    Wayne Frink

    Frink Realty, LLC

    (215) 868-4906

    5 in this area

    63 Total Sales

    Wayne Frink
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH2214716

Bright MLS

APN: 123044600

Pennsylvania Philadelphia County Philadelphia 19144 Germantown

61 W Logan St, Philadelphia, PA

This home is located at 61 W Logan St, Philadelphia, PA 19144 since 18 March 2023 and is currently estimated at $231,000, approximately $101 per square foot. This property was built in 1960. 61 W Logan St is a home located in Philadelphia County with nearby schools including John B. Kelly School, Martin Luther King High School, and John Wister Elementary School.

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