NOT LISTED FOR SALE

Estimated Value: $197,772

-- Bed
-- Bath
5,641 Sq Ft
$35/Sq Ft Est. Value

Last Sold July 08, 2024

Last sale price $130,000 $23 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,314/month

92 Days on Market

Highlights

  • City View
  • 4-minute walk to 63Rd Street
  • South Facing Home
  • 0.26 Acre Lot
  • No HOA

About This Home

As of July 2024

Imaginations will get the best of you at 6235-37 Arch Street in West Philadelphia. This parcel of land boasts the massive dimensions of 30 x 376 and is located in the West Philadelphia OPPORTUNITY ZONE (QOZ). Formerly a showroom and warehouse, this site is in the process of approvals. Acquire this opportunity before approvals are complete at this discounted price. With the Market and 63rd Street Station around the corner, you can enjoy easy access to University City or other incredible destinations along the Market-Frankford Line. Take the MFL 2 stops to the 69th Street Transportation Center where you can connect to more destinations or explore the area’s rich and diverse dining culture. With New Construction sprouting in the area, you have several investment options at your disposal. Keep the property as is and build a massive residence, subdivide the lot into multiple lots, or wait for zoning approvals for mixed-use, this blank canvas can make a dream a reality or could become an investment home run. Currently, the property is being sold “as-is" without any zoning classification being changed.

Last Agent to Sell the Property

Pia Arellano

Keller Williams Real Estate - Media License #367858 Listed on: 02/24/2024

Keller Williams Real Estate - Media

Last Buyer's Agent

Jamilah Thompson

Common Ground Realtors License #rs329534

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,842

Year Built

  • Built in 1925

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 30.00 x 376.00
  • South Facing Home
  • Property is zoned RSA5, The Seller is applying to have the Zoning change to permit CMX. Currently zoned as RSA5.

Home Design

  • Masonry

Interior Spaces

  • 5,641 Sq Ft Home
  • Property has 1 Level
  • City Views

Parking

  • Alley Access
  • On-Street Parking

Community Details

  • No Home Owners Association
  • Philadelphia Subdivision

Listing and Financial Details

  • Tax Lot 121
  • Assessor Parcel Number 884347120

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,842

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-02-24
  • Year Built: 1925
  • Automatically Close On Close Date: Yes
  • Remarks Public: Imaginations will get the best of you at 6235-37 Arch Street in West Philadelphia. This parcel of land boasts the massive dimensions of 30 x 376 and is located in the West Philadelphia OPPORTUNITY ZONE (QOZ). Formerly a showroom and warehouse, this site is in the process of approvals. Acquire this opportunity before approvals are complete at this discounted price. With the Market and 63rd Street Station around the corner, you can enjoy easy access to University City or other incredible destinations along the Market-Frankford Line. Take the MFL 2 stops to the 69th Street Transportation Center where you can connect to more destinations or explore the area’s rich and diverse dining culture. With New Construction sprouting in the area, you have several investment options at your disposal. Keep the property as is and build a massive residence, subdivide the lot into multiple lots, or wait for zoning approvals for mixed-use, this blank canvas can make a dream a reality or could become an investment home run. Currently, the property is being sold “as-is" without any zoning classification being changed.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 5641
  • Living Area Sq Ft: 5641
  • Price Per Sq Ft: 26.59
  • Above Grade Finished Sq Ft: 5641
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 6235

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • 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: Alley, On Street

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: LC0
  • Lot Size Acres: 0.26
  • Lot Dimensions: 30.00 x 376.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11275.00
  • Year Assessed: 2023
  • Zoning: RSA5
  • Zoning Description: The Seller is applying to have the Zoning change to permit CMX. Currently zoned as RSA5.

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 1560.00
  • Tax Annual Amount: 2842.00
  • Assessor Parcel Number: 884347120
  • Tax Lot: 121
  • Tax Total Finished Sq Ft: 5641
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 07/08/2024

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2024
Closed on
Jul 10, 2024
Sold by
Davis Michael
Bought by
Primevest Properties Llc
Seller's Agent
Pia Arellano
Keller Williams Real Estate - Media
Buyer's Agent
Jamilah Thompson
Common Ground Realtors
List Price
$150,000
Sold Price
$130,000
Premium/Discount to List
-$20,000
-13.33%
Views
85
Current Estimated Value
$197,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,772

Purchase Details

Closed on
Jun 16, 1995
Sold by
Pearlman Philip
Bought by
Davis Michael
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
Primevest Properties Llc $120,000 None Listed On Document
Davis Michael $50,000 T A Title Insurance Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2024 07/08/24 Sold $130,000 -13.3% $23 / Sq Ft
02/24/2024 02/24/24 For Sale $150,000 -- $27 / 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 $2,843 $299,000 $59,800 $239,200
2024 $2,843 $299,000 $59,800 $239,200
2023 $2,843 $203,100 $40,620 $162,480
2022 $2,382 $203,100 $40,620 $162,480
2021 $2,382 $0 $0 $0
2020 $2,382 $0 $0 $0
2019 $2,368 $0 $0 $0
2018 $502 $0 $0 $0
2017 $1,705 $0 $0 $0
2016 $1,705 $0 $0 $0
2015 $1,632 $0 $0 $0
2014 -- $121,800 $35,000 $86,800
2012 -- $16,128 $2,745 $13,383
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2315346

Bright MLS

APN: 884347120