NOT LISTED FOR SALE

623 S 16th St Philadelphia, PA 19146

Southwest Center City Neighborhood

Estimated Value: $970,000 - $1,343,033

-- Bed
4 Baths
1,343 Sq Ft
$861/Sq Ft Est. Value

Last Sold June 26, 2014

Last sale price $640,000 $477 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $7,144/month

Highlights

  • No HOA
  • 4-minute walk to Lombard-South
  • 4-minute walk to Marian Anderson Recreation Center
  • En-Suite Primary Bedroom
  • Heating System Uses Gas

About This Home

As of June 2014

4-unit building, separate utilities, semi-modern condition.

Last Agent to Sell the Property

Michael McCann

KW Empower License #AB049770L Listed on: 05/19/2014

KW Empower

Co-Listed By

Stuart Cohen

KW Empower License #RS154730A

Last Buyer's Agent

Michael McCann

KW Empower License #AB049770L Listed on: 05/19/2014

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,859

Year Built

  • Built in 1915

Lot Details

  • 1,275 Sq Ft Lot
  • Lot Dimensions are 17x75

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,343 Sq Ft Home
  • Partial Basement

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 301293400

Community Details

Overview

  • No Home Owners Association
  • Graduate Hospital Subdivision

Building Details

  • Operating Expense $3,859

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,859

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1343
  • Living Area Sq Ft: 1343
  • Price Per Sq Ft: 483.99
  • Above Grade Finished Sq Ft: 1343
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 623

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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

  • Land Use Code: U50
  • Lot Size Acres: 0.03
  • Lot Dimensions: 17X75
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1275.00
  • Zoning: R10

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Tax Annual Amount: 3859.00
  • Assessor Parcel Number: 301293400
  • Tax Lot: 2
  • Tax Year: 2014
  • Close Date: 06/26/2014

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2014
Closed on
Jun 26, 2014
Sold by
Bowden John and Bowden Barbara
Bought by
Cuzzins 5 Llc
Seller's Agent
Michael McCann
KW Empower
Buyer's Agent
Michael McCann
KW Empower
List Price
$650,000
Sold Price
$640,000
Premium/Discount to List
-$10,000
-1.54%
Current Estimated Value
$1,156,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$516,517
Avg. Annual Appreciation
5.45%

Purchase Details

Closed on
Apr 5, 2001
Sold by
Hud
Bought by
Bowden John and Bowden Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,300
Interest Rate
7.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 26, 1999
Sold by
Principal Residential Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Sep 13, 1999
Sold by
Pinder Kenyon M and Pinder Keyon M
Bought by
Principal Residential Mtg Inc
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
Cuzzins 5 Llc $640,000 Grateful Abstract Llc
Bowden John $62,500 --
Hud -- --
Principal Residential Mtg Inc $12,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Couzzin S 5 Llc $25,000
Previous Owner Bowden John $64,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2014 06/26/14 Sold $640,000 -1.5% $477 / Sq Ft
05/19/2014 05/19/14 Pending -- -- --
05/19/2014 05/19/14 For Sale $650,000 -- $484 / 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 $10,108 $816,000 $163,200 $652,800
2024 $10,108 $816,000 $163,200 $652,800
2023 $10,108 $722,100 $144,420 $577,680
2022 $8,333 $722,100 $144,420 $577,680
2021 $8,333 $0 $0 $0
2020 $8,333 $0 $0 $0
2019 $11,159 $0 $0 $0
2018 $4,031 $0 $0 $0
2017 $4,031 $0 $0 $0
2016 $4,031 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $288,000 $65,612 $222,388
2012 -- $43,200 $8,000 $35,200
Source: Public Records

Agents Affiliated with this Home

  • Michael McCann

    Seller's Agent in 2014

    Michael McCann

    KW Empower

    (215) 778-0901

    68 in this area

    1,770 Total Sales

    Michael McCann
    Section Image
  • Stuart Cohen

    Seller Co-Listing Agent in 2014

    Stuart Cohen

    KW Empower

    (215) 275-0800

    7 in this area

    161 Total Sales

    Stuart Cohen
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002934298

Bright MLS

APN: 301293400

Pennsylvania Philadelphia County Philadelphia 19146 Southwest Center City

623 S 16th St, Philadelphia, PA

This home is located at 623 S 16th St, Philadelphia, PA 19146 since 19 May 2014 and is currently estimated at $1,156,517, approximately $861 per square foot. This property was built in 1915. 623 S 16th St is a home located in Philadelphia County with nearby schools including Albert M Greenfield School, Benjamin Franklin High School, and Universal Institute Charter School.

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