Seller's Agent in 2019
David Darami
KW Empower
(215) 908-4112
1 in this area
38 Total Sales
641 N 16th St Philadelphia, PA 19130
Spring Garden NeighborhoodEstimated Value: $1,021,106 - $1,086,000
--
Bed
4
Baths
3,600
Sq Ft
$293/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- 4-minute walk to Fairmount
- 2 Car Attached Garage
- 1 Fireplace
- No HOA
- 4-minute walk to Roberto Clemente Park
About This Home
As of July 2019One of a kind rare triplex with 2 car GARAGE in the heart of Fairmount is now available! This historic corner property has it all...character, charm, high ceilings, tons of natural light, parking and outdoor space. Each apartment is separately metered and has its own private entrance (no common area)! The main unit is approx. 2800 sq. ft with southern exposure. It consists of 3 bedrooms - 2 1/2 bathrooms, a formal dining room with original plaster molding and wood details, a huge living room with wood burning fireplace, a sunroom with wet bar and a deck with unobstructed city views. The kitchen is spacious with great counter and cabinet space, and also has a breakfast nook. There's also an office area off the kitchen that includes a half bathroom. All 3 bedrooms are carpeted with excellent closet space. Unit 2 is a one bedroom / one bathroom with 14-foot ceilings. Unit 3 is also a one bedroom / one bathroom with original hardwood floors. All units include heating & cooling, and washer / dryer. Take advantage of all the shops and restaurants in the neighborhood. Easy access to all public transportation.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,944
Year Built
- Built in 1860
Lot Details
- 1,950 Sq Ft Lot
- Lot Dimensions are 20 x 98
- Historic Home
Parking
- 2 Car Attached Garage
Home Design
- Triplex
- Traditional Architecture
- Masonry
Interior Spaces
- 1 Fireplace
- Unfinished Basement
- Basement Fills Entire Space Under The House
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Listing and Financial Details
- The owner pays for common area maintenance, heater maintenance contract, insurance, repairs, sewer, sewer maintenance, snow removal, water, real estate taxes
- Tax Lot 168
- Assessor Parcel Number 084116210
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Income includes apartment rentals
- Insurance Expense $2,900
- Maintenance Expense $2,500
- Trash Expense $300
- Operating Expense $16,844
- Gross Income $64,080
- Net Operating Income $47,236
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 26, 2019
Closed on
Jun 28, 2019
Sold by
Parsons Delena
Bought by
Danilo Alexis
Seller's Agent
David Darami
KW Empower
Buyer's Agent
David Darami
KW Empower
List Price
$950,000
Sold Price
$910,000
Premium/Discount to List
-$40,000
-4.21%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,453
Avg. Annual Appreciation
3.31%
Original Mortgage
$728,000
Outstanding Balance
$644,579
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$466,689
Purchase Details
Listed on
Oct 9, 2012
Closed on
Sep 17, 2012
Sold by
Littlejohn Linda
Bought by
Parsons Delena
Seller's Agent
Antonio Atacan
KW Empower
Buyer's Agent
Gabriel Plagge
Mercury Real Estate Group
Sold Price
$2,300
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.45%
Original Mortgage
$420,000
Interest Rate
3.66%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Danilo Alexis | $910,000 | City Abstract Llc | |
| Parsons Delena | $560,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Danilo Alexis | $728,000 | |
| Previous Owner | Parsons Delena | $420,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2019 07/01/19 | Sold | $910,000 | -4.2% | $253 / Sq Ft |
| 04/09/2019 04/09/19 | Pending | -- | -- | -- |
| 02/26/2019 02/26/19 | For Sale | $950,000 | 0.0% | $264 / Sq Ft |
| 11/05/2012 11/05/12 | Rented | $2,300 | -7.8% | -- |
| 10/30/2012 10/30/12 | Under Contract | -- | -- | -- |
| 10/09/2012 10/09/12 | For Rent | $2,495 | 0.0% | -- |
| 09/28/2012 09/28/12 | Sold | $560,000 | -20.0% | $156 / Sq Ft |
| 08/27/2012 08/27/12 | Pending | -- | -- | -- |
| 06/01/2012 06/01/12 | For Sale | $699,900 | -- | $194 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $14,397 | $935,100 | $187,020 | $748,080 |
| 2024 | $14,397 | $935,100 | $187,020 | $748,080 |
| 2023 | $14,397 | $1,028,500 | $205,700 | $822,800 |
| 2022 | $10,276 | $1,028,500 | $205,700 | $822,800 |
| 2021 | $10,276 | $0 | $0 | $0 |
| 2020 | $10,276 | $0 | $0 | $0 |
| 2019 | $9,944 | $0 | $0 | $0 |
| 2018 | $7,559 | $0 | $0 | $0 |
| 2017 | $7,559 | $0 | $0 | $0 |
| 2016 | $7,559 | $0 | $0 | $0 |
| 2015 | $6,427 | $0 | $0 | $0 |
| 2014 | -- | $540,000 | $74,091 | $465,909 |
| 2012 | -- | $25,600 | $6,084 | $19,516 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller's Agent in 2012
Antonio Atacan
KW Empower
(215) 592-9522
1 in this area
101 Total Sales
-
Seller's Agent in 2012
Carol Diament
Compass RE
(215) 260-1359
1 in this area
41 Total Sales
-
G
Buyer's Agent in 2012
Gabriel Plagge
Mercury Real Estate Group
(610) 812-8533
Map
Source: Bright MLS
MLS Number: PAPH720284
APN: 084116210
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