NOT LISTED FOR SALE

6345 Germantown Ave Philadelphia, PA 19144

East Germantown Neighborhood

Estimated Value: $356,259

-- Bed
2 Baths
1,936 Sq Ft
$184/Sq Ft Est. Value

Last Sold April 20, 2016

Last sale price $159,000 $82 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $2,016/month

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Heating System Uses Gas
  • Hearing Modifications

About This Home

As of April 2016

Mix Use building on rapidly developing Germantown Avenue Commercial Corridor. The first floor commercial unit features great street exposure. Updates to the handicap accessible commercial unit include recently installed commercial glass windows, handicap accessible ramp, handicap accessible bathroom, oak hardwood floors throughout & a kitchenette conveniently located in the rear of the unit. The open floor plan allows for multiple uses on a street with great foot and car traffic. The Second floor contains a 2 bedroom apartment with private entrance. The apartment features an updated bathroom, recently installed kitchen with Granite & Stainless appliances, in-unit washer/dryer and a Goodman forced air furnace. All improvements/installations completed in the last 18 Months. Both Units are separately metered & the building contains a hard wired fire alarm system throughout. Commercial Unit is vacant & residential unit will be vacated, painted and cleaned by end of February. All appliances included in sale. This is a great long term investment with good cash flow and appreciation potential. Listing Agent has financial interest in ownership entity.

Last Agent to Sell the Property

Stuart Udis

(215) 842-5844 stuart@parealtyadvisors.com PA Realty Advisors LLC License #3346492 Listed on: 02/09/2016

Last Buyer's Agent

LAURIE SUZUKI

(215) 607-6007 lauriesuzuki@kw.com KW Philly

KW Philly

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,133

Year Built

  • Built in 1946

Lot Details

  • 1,199 Sq Ft Lot
  • Lot Dimensions are 16x75

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Vinyl Siding
  • Stucco

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,936 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Accessible Home Design

  • Hearing Modifications
  • Mobility Improvements

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 266
  • Assessor Parcel Number 592184600

Community Details

Overview

  • No Home Owners Association
  • Germantown Subdivision

Building Details

  • Operating Expense $2,133

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,133

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Accessibility Features: Mobility Improvements, Hearing Mod
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Washer In Unit
  • Total Sq Ft: 1936
  • Living Area Sq Ft: 1936
  • Price Per Sq Ft: 85.20
  • Above Grade Finished Sq Ft: 1936
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Stucco, 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, Electric
  • Heating Type: Gas, Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 142876.00
  • Land Assessed Value: 9524.00
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16X75
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1199.00
  • Zoning: CMX2

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1320415
  • Tax Annual Amount: 2133.00
  • Assessor Parcel Number: 592184600
  • Tax Lot: 266
  • Tax Year: 2016

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2016
Closed on
Apr 20, 2016
Sold by
Prec Homes Ii Lp
Bought by
Pines Moneek
Seller's Agent
Stuart Udis
PA Realty Advisors LLC
Buyer's Agent
LAURIE SUZUKI
KW Philly
List Price
$159,950
Sold Price
$159,000
Premium/Discount to List
-$950
-0.59%
Current Estimated Value
$356,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,259
Avg. Annual Appreciation
8.81%
Original Mortgage
$127,200
Outstanding Balance
$100,945
Interest Rate
3.73%
Mortgage Type
Commercial
Estimated Equity
$255,314

Purchase Details

Closed on
Jul 1, 2014
Sold by
Project Funding Llc
Bought by
Prec Homes Ii Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.14%
Mortgage Type
Construction

Purchase Details

Closed on
May 30, 2007
Sold by
Drt Financial Holdings Llc
Bought by
Project Funding Llc

Purchase Details

Closed on
May 30, 2006
Sold by
Bilal Lloyd Z
Bought by
Drt Financial Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.59%
Mortgage Type
Commercial
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
Pines Moneek $159,000 Chicago Title Insurance Com
Prec Homes Ii Lp $65,000 None Available
Project Funding Llc -- None Available
Drt Financial Holdings Llc $90,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pines Moneek $127,200
Previous Owner Prec Homes Ii Lp $110,000
Previous Owner Drt Financial Holdings Llc $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2016 04/20/16 Sold $159,000 -0.6% $82 / Sq Ft
02/21/2016 02/21/16 Pending -- -- --
02/09/2016 02/09/16 For Sale $159,950 -- $83 / 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
2026 $1,706 $115,800 $23,160 $92,640
2025 $1,706 $115,800 $23,160 $92,640
2024 $1,706 $115,800 $23,160 $92,640
2023 $1,706 $121,900 $24,380 $97,520
2022 $2,012 $121,900 $24,380 $97,520
2021 $2,012 $0 $0 $0
2020 $2,012 $0 $0 $0
2019 $1,992 $0 $0 $0
2018 $1,935 $0 $0 $0
2017 $2,133 $0 $0 $0
2016 $2,133 $0 $0 $0
2015 $2,042 $0 $0 $0
2014 -- $152,400 $9,524 $142,876
2012 -- $11,840 $1,761 $10,079
Source: Public Records

Agents Affiliated with this Home

  • Stuart Udis

    Seller's Agent in 2016

    Stuart Udis

    PA Realty Advisors LLC

    (215) 842-5844

    3 in this area

    19 Total Sales

    Stuart Udis
    Section Image

  • L

    Buyer's Agent in 2016

    LAURIE SUZUKI

    KW Philly

    Section Image
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Map

Source: Bright MLS

MLS Number: 1002382610

Bright MLS

APN: 871601785

Pennsylvania Philadelphia County Philadelphia 19144 East Germantown

6345 Germantown Ave, Philadelphia, PA

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