NOT LISTED FOR SALE

Estimated Value: $505,113 - $576,000

-- Bed
-- Bath
1,779 Sq Ft
$304/Sq Ft Est. Value

Last Sold March 15, 2022

Last sale price $475,000 $267 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,288/month

56 Days on Market

Highlights

  • Straight Thru Architecture
  • Hot Water Baseboard Heater
  • 1-minute walk to Cianfrani Park

About This Home

As of March 2022

Corner multi family with CMX1 zoning. 8th and Kater. Bright property with former storefront on the ground floor that was turned into a one bedroom one bath apartment currently leased through 6/30/22. Second floor is a vacant one bedroom and one bath apartment. Third floor is a vacant one bedroom and bath apartment. All three units are separately metered for natural gas and electric with their own heater/boilers and domestic water heaters. Full basement with mechanicals accessed from 8th Street Bilco style door and ground floor apartment. Most recent L&I file states an office and two apartments. Valid rental licenses in place for two apartments. Meredith School catchment. Showings M-F 1PM-5:45PM. 24 Hour notice required. No weekend showings.

Last Agent to Sell the Property

Scott Neifeld

Compass RE License #RS202694L Listed on: 12/06/2021

Compass RE

Last Buyer's Agent

Judith Conte

Rogues Real Estate License #RM424168

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,397

Year Built

  • Built in 1915

Lot Details

  • 666 Sq Ft Lot
  • Lot Dimensions are 14.16 x 47.00

Parking

  • On-Street Parking

Home Design

  • 1,779 Sq Ft Home
  • Triplex
  • Straight Thru Architecture
  • Stone Foundation
  • Masonry

Utilities

  • Hot Water Baseboard Heater
  • Natural Gas Water Heater
  • Public Septic

Listing and Financial Details

  • The owner pays for common area maintenance, water, sewer, real estate taxes, pest control
  • Tax Lot 246
  • Assessor Parcel Number 871047900

Community Details

Overview

  • 3 Units
  • 3-Story Building

Building Details

  • 2 Vacant Units
  • Insurance Expense $3,685

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,397

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • Inclusions: three refrigerators and two stackable washer and dryers.
  • New Construction: No
  • Year Built: 1915
  • Automatically Close On Close Date: No
  • Remarks Public: Corner multi family with CMX1 zoning. 8th and Kater. Bright property with former storefront on the ground floor that was turned into a one bedroom one bath apartment currently leased through 6/30/22. Second floor is a vacant one bedroom and one bath apartment. Third floor is a vacant one bedroom and bath apartment. All three units are separately metered for natural gas and electric with their own heater/boilers and domestic water heaters. Full basement with mechanicals accessed from 8th Street Bilco style door and ground floor apartment. Most recent L&I file states an office and two apartments. Valid rental licenses in place for two apartments. Meredith School catchment. Showings M-F 1PM-5:45PM. 24 Hour notice required. No weekend showings.
  • Special Features: None

Interior Features

  • Foundation Details: Stone
  • Total Sq Ft: 1779
  • Living Area Sq Ft: 1779
  • Price Per Sq Ft: 295.11
  • Above Grade Finished Sq Ft: 1779
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 613

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
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic
  • Water Source: Public

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: 251280.00
  • Land Assessed Value: 62820.00
  • Land Use Code: U50
  • Lot Size Acres: 0.02
  • Lot Dimensions: 14.16 x 47.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 666.00
  • Year Assessed: 2021
  • Zoning: CMX1

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Common Area Maintenance, Water, Sewer, Taxes - Real Estate, Pest Control
  • Rent Control: No
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 889817
  • School Tax: 2413.00
  • Tax Annual Amount: 4397.00
  • Assessor Parcel Number: 871047900
  • Tax Lot: 246
  • Tax Total Finished Sq Ft: 1779
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 03/15/2022

Multi Family

  • Number Of Units Vacant: 2
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2021
Closed on
Mar 15, 2022
Sold by
John Latorre
Bought by
Tsinontides Tatiana
Seller's Agent
Scott Neifeld
Compass RE
Buyer's Agent
Judith Conte
Rogues Real Estate
List Price
$525,000
Sold Price
$475,000
Premium/Discount to List
-$50,000
-9.52%
Current Estimated Value
$540,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,557
Avg. Annual Appreciation
3.59%
Original Mortgage
$356,250
Outstanding Balance
$333,789
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$203,283

Purchase Details

Closed on
Sep 12, 1979
Bought by
John La Torre
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
Tsinontides Tatiana $475,000 World Wide Land Transfer
John La Torre -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tsinontides Tatiana $356,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2022 03/15/22 Sold $475,000 -9.5% $267 / Sq Ft
01/31/2022 01/31/22 Pending -- -- --
12/06/2021 12/06/21 For Sale $525,000 -- $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 $4,397 $345,500 $345,500 --
2024 $4,397 $345,500 $345,500 $251,280
2023 $4,397 $314,100 $62,820 $251,280
2022 $4,397 $314,100 $62,820 $251,280
2021 $4,397 $0 $0 $0
2020 $4,397 $0 $0 $0
2019 $4,353 $0 $0 $0
2018 $4,139 $0 $0 $0
2017 $3,015 $0 $0 $0
2016 $3,015 $0 $0 $0
2015 $2,886 $0 $0 $0
2014 -- $215,400 $66,552 $148,848
2012 -- $40,320 $10,066 $30,254
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2043606

Bright MLS

APN: 023000022