NOT LISTED FOR SALE

Estimated Value: $235,000 - $336,000

-- Bed
-- Bath
2,476 Sq Ft
$115/Sq Ft Est. Value

Last Sold February 27, 2015

Last sale price $79,000 $32 Per Sq Ft

Est. 261% increase in value since last sale

Current estimated payment $1,802/month

7 Days on Market

Highlights

  • 0.08 Acre Lot
  • No HOA
  • Parking Storage or Cabinetry
  • Wood Flooring
  • 2 Car Direct Access Garage
  • En-Suite Primary Bedroom

About This Home

As of February 2015

Investor Alert: This is the deal of the Century. 3 separate units, 3 kitchens, full basement, common area laundry, 2 car garage, 3 balcony's and the list goes on and on. There are three separate units in this 2476sq ft home. 2 units upstairs and one unit on the main floor. Each unit has its own kitchen and full bathroom. Basement is common area with a half bath and storage rooms for each unit. Basement also has shared laundry space. There is a 2 car attached garage to the basement. Each unit also have their own balcony. The property is walking distance to La Salle university so all three units could be rented out for student housing with steady cash-flow. Property needs work and is being sold strictly in "AS IS" condition with cash offers only. Seller makes no representations or warranties as to the condition of the property; improvements or appurtenances, and that the property is sold AS IS - WHERE IS. Buyer is responsible for any and all inspections and or certificates of occupancy or U/O inspections. Its is the buyers responsibility to check with City of Philadelphia to make sure property has the proper zoning to be used as a triplex.

Last Agent to Sell the Property

Samuel Rifkin

Keller Williams Realty - Cherry Hill License #1325990 Listed on: 01/24/2015

Keller Williams Realty - Cherry Hill

Co-Listed By

David Rifkin

Keller Williams Realty - Cherry Hill

Last Buyer's Agent

Chris Rossmaier

RE/MAX One Realty License #RS-279324

RE/MAX One Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,860

Lot Details

  • 3,330 Sq Ft Lot
  • Lot Dimensions are 37x90

Parking

  • 2 Car Direct Access Garage
  • 8 Open Parking Spaces
  • Parking Storage or Cabinetry
  • Driveway
  • On-Street Parking

Home Design

  • Triplex
  • Stone Siding
  • Stucco

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,476 Sq Ft Home
  • Storage Includes Bins
  • Wood Flooring

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Utilities

  • Radiator

Listing and Financial Details

  • Tax Lot 298
  • Assessor Parcel Number 172129000

Community Details

Overview

  • No Home Owners Association
  • Oak Lane Subdivision

Additional Features

  • Laundry Facilities
  • Operating Expense $1,860

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,860

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Exclusions: Personal Properties, Furniture
  • Inclusions: All In "As Is" Condition - Refrigerator
  • New Construction: No
  • Storage: Basement, Garage, Bins
  • Remarks Public: Investor Alert: This is the deal of the Century. 3 separate units, 3 kitchens, full basement, common area laundry, 2 car garage, 3 balcony's and the list goes on and on. There are three separate units in this 2476sq ft home. 2 units upstairs and one unit on the main floor. Each unit has its own kitchen and full bathroom. Basement is common area with a half bath and storage rooms for each unit. Basement also has shared laundry space. There is a 2 car attached garage to the basement. Each unit also have their own balcony. The property is walking distance to La Salle university so all three units could be rented out for student housing with steady cash-flow. Property needs work and is being sold strictly in "AS IS" condition with cash offers only. Seller makes no representations or warranties as to the condition of the property; improvements or appurtenances, and that the property is sold AS IS - WHERE IS. Buyer is responsible for any and all inspections and or certificates of occupancy or U/O inspections. Its is the buyers responsibility to check with City of Philadelphia to make sure property has the proper zoning to be used as a triplex.
  • Special Features: VirtualTour

Interior Features

  • Flooring Type: Wood
  • Fireplace: No
  • Entry Location: Foyer
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Outside Entrance
  • Laundry Type: Common, Has Laundry
  • Total Sq Ft: 2476
  • Living Area Sq Ft: 2476
  • Price Per Sq Ft: 32.27
  • Above Grade Finished Sq Ft: 2476
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 6201

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stone, Stucco
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 8
  • Parking Features: Street
  • Garage Features: Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 10
  • Type Of Parking: On Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: No
  • Heating Type: Radiator
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Improvement Assessed Value: 116206.00
  • Land Assessed Value: 22594.00
  • Land Use Code: U30
  • Lot Size Acres: 0.08
  • Lot Dimensions: 37X90
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3330.00
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3
  • Single Room Units Count: 1

Tax Info

  • Assessor Parcel Number: 976574
  • Tax Annual Amount: 1860.00
  • Assessor Parcel Number: 172129000
  • Tax Lot: 298
  • Tax Year: 2014
  • Close Date: 02/27/2015

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2015
Closed on
Feb 27, 2015
Sold by
Smith Ruth D and Blandon Aaron
Bought by
Matthews John D
Seller's Agent
Samuel Rifkin
Keller Williams Realty - Cherry Hill
Buyer's Agent
Chris Rossmaier
RE/MAX One Realty
List Price
$79,900
Sold Price
$79,000
Premium/Discount to List
-$900
-1.13%
Current Estimated Value
$285,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,500
Avg. Annual Appreciation
12.39%
Original Mortgage
$90,000
Interest Rate
3.67%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 11, 2013
Sold by
Lolley Edmund T
Bought by
Smith Ruth D

Purchase Details

Closed on
Sep 16, 2011
Sold by
Smith Ruth D
Bought by
Lolley Edmond T
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
Matthews John D $79,000 Excel Settlement Llc
Smith Ruth D -- None Available
Lolley Edmond T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matthews John D $121,500
Closed Matthews John D $110,000
Closed Matthews John D $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2015 02/27/15 Sold $79,000 -1.1% $32 / Sq Ft
01/31/2015 01/31/15 Pending -- -- --
01/24/2015 01/24/15 For Sale $79,900 -- $32 / 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 $2,952 $293,400 $58,680 $234,720
2024 $2,952 $293,400 $58,680 $234,720
2023 $2,952 $210,900 $42,180 $168,720
2022 $1,577 $210,900 $42,180 $168,720
2021 $1,601 $0 $0 $0
2020 $1,601 $0 $0 $0
2019 $1,580 $0 $0 $0
2018 $1,943 $0 $0 $0
2017 $1,943 $0 $0 $0
2016 $1,924 $0 $0 $0
2015 $1,860 $0 $0 $0
2014 -- $138,800 $22,594 $116,206
2012 -- $18,720 $4,273 $14,447
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002524838

Bright MLS

APN: 172129000