NOT LISTED FOR SALE

Estimated Value: $392,000 - $406,000

-- Bed
5 Baths
2,772 Sq Ft
$144/Sq Ft Est. Value

Last Sold July 27, 2012

Last sale price $220,000 $79 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $2,405/month

Highlights

  • 0.2 Acre Lot
  • En-Suite Primary Bedroom
  • Baseboard Heating
  • No HOA
  • Ceiling Fan

About This Home

As of July 2012

This a great investment property with five apartments. It is located in a desirable area with a Mt Airy zip code. Corner property with large front and side yard. Close to transportation. All units are occupied except one. It is currently advertised for rent. Long term tenants with rents below market. All separate utilities. There is a large unused area in the basement with a separate entrance that can be converted to a sixth unit. All offers considered.

Last Agent to Sell the Property

Joseph Watson

(215) 603-3651 homesandwatson@comcast.net Home Real Estate Professionals Listed on: 03/15/2012

Last Buyer's Agent

Joseph Watson

(215) 603-3651 homesandwatson@comcast.net Home Real Estate Professionals Listed on: 03/15/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,950

Year Built

  • Built in 1925

Lot Details

  • 8,714 Sq Ft Lot
  • Lot Dimensions are 55x105
  • Sprinkler System
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Pitched Roof
  • Stone Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,772 Sq Ft Home
  • Ceiling Fan

Basement

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

Utilities

  • Baseboard Heating
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 172
  • Assessor Parcel Number 221287310

Community Details

Overview

  • No Home Owners Association

Building Details

  • Income includes laundry
  • Operating Expense $1,950

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,950

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Exclusions: All Tenant Property
  • Inclusions: Coin Washer And Dryer
  • New Construction: No
  • Storage: Basement
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Sprinkler System
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Room List: Master Bedroom
  • Basement: Yes
  • Basement Type: Full, Outside Entrance
  • Laundry Type: Has Laundry
  • Total Sq Ft: 2772
  • Living Area Sq Ft: 2772
  • Price Per Sq Ft: 88.38
  • Above Grade Finished Sq Ft: 2772
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stone
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched
  • 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: Electric
  • Heating Type: Electric, Baseboard
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • 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: 15921.00
  • Land Assessed Value: 4751.00
  • Land Use Code: W30
  • Lot Size Acres: 0.20
  • Lot Dimensions: 55X105
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8714.00
  • Property Condition: Good
  • Zoning: R5A

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 33000.00
  • Income Includes: Laundry
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3

Tax Info

  • Assessor Parcel Number: 1013514
  • Tax Annual Amount: 1950.00
  • Assessor Parcel Number: 221287310
  • Tax Lot: 172
  • Tax Year: 2012
  • Close Date: 07/27/2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2020
Sold by
Mount Airy Property Holdings Llc
Bought by
Peak Investmnets Group Llc
Current Estimated Value
$399,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,920
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 15, 2012
Closed on
Jul 27, 2012
Sold by
Fisher Geraldine R
Bought by
Mount Airy Property Holdings Llc
Seller's Agent
Joseph Watson
Home Real Estate Professionals
Buyer's Agent
Joseph Watson
Home Real Estate Professionals
List Price
$245,000
Sold Price
$220,000
Premium/Discount to List
-$25,000
-10.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.59%
Original Mortgage
$165,000
Interest Rate
3.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Peak Investmnets Group Llc $250,000 Statewide Abstract Group Inc
Mount Airy Property Holdings Llc $220,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Peak Investmnets Group Llc $266,920
Previous Owner Mount Airy Property Holdings Llc $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2012 07/27/12 Sold $220,000 -10.2% $79 / Sq Ft
05/15/2012 05/15/12 Pending -- -- --
03/15/2012 03/15/12 For Sale $245,000 -- $88 / 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 $3,786 $377,900 $75,580 $302,320
2024 $3,786 $377,900 $75,580 $302,320
2023 $3,786 $270,500 $54,100 $216,400
2022 $3,548 $270,500 $54,100 $216,400
2021 $3,548 $0 $0 $0
2020 $3,548 $0 $0 $0
2019 $3,501 $0 $0 $0
2018 $3,224 $0 $0 $0
2017 $3,224 $0 $0 $0
2016 $3,193 $0 $0 $0
2015 $3,086 $0 $0 $0
2014 -- $230,300 $93,736 $136,564
2012 -- $20,672 $4,751 $15,921
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003885954

Bright MLS

APN: 221287310