NOT LISTED FOR SALE

Estimated Value: $413,000 - $427,000

-- Bed
4 Baths
2,016 Sq Ft
$208/Sq Ft Est. Value

Last Sold February 06, 2017

Last sale price $219,000 $109 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $2,425/month

Highlights

  • Wood Flooring
  • En-Suite Primary Bedroom
  • Ceiling Fan
  • No HOA
  • Forced Air Heating System

About This Home

As of February 2017

Well cared for quad-plex on quiet street in East Mt Airy. This 4 unit multi family building is ready for the next savvy investor. Current owners have owned and maintained this building for the past 17 years and are looking forward to retirement. Units are all in good shape, exterior of building has recently been painted, spacious basement with storage lockers and bilco type door exit to rear yard. Utilities are all separated with gas heating units in each unit. Conveniently located 1 block from the Chestnut Hill East - Stenton Train Station to Center City Philadelphia and the #18 Bus. Showings are limited to Tuesdays and Wednesdays in the afternoon or Saturday morning after 10 am. LA must accompany all showings. Don't wait, this one will not last.

Last Agent to Sell the Property

Lawrence DiFranco

(215) 681-6940 larry@elfantwissahickon.com Elfant Wissahickon-Chestnut Hill Listed on: 01/01/2017

Elfant Wissahickon-Chestnut Hill

Co-Listed By

Denise Chapline

denise@elfantwissahickon.com Elfant Wissahickon-Chestnut Hill License #RS087413A

Last Buyer's Agent

Michele Cushing

(215) 570-0034 michelecushinghomes@gmail.com EXP Realty, LLC

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,609

Year Built

  • Built in 1926

Lot Details

  • 4,275 Sq Ft Lot
  • Lot Dimensions are 30x106
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Pitched Roof
  • Shingle Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,016 Sq Ft Home
  • Ceiling Fan
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • 100 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 162
  • Assessor Parcel Number 221287510

Community Details

Overview

  • No Home Owners Association
  • Mt Airy Subdivision

Building Details

  • Electric Expense $418
  • Insurance Expense $2,111
  • Maintenance Expense $4,193
  • Other Expense $4,849
  • Operating Expense $14,226

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,609

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: 4 Refrigerators
  • New Construction: No
  • Other Expense: 4849.00
  • Storage: Basement
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Flooring Type: Wood
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Entry Location: Foyer
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2016
  • Living Area Sq Ft: 2016
  • Price Per Sq Ft: 108.63
  • Above Grade Finished Sq Ft: 2016
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco, Stone
  • Roof: Pitched, Shingle
  • 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

  • Annual Heating Expense: 96.00
  • Central Air Conditioning: No
  • Electric Expense: 418.00
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 950.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 70110.00
  • Land Assessed Value: 45990.00
  • Lot Size Acres: 0.10
  • Lot Dimensions: 30X106
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4275.00
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: RTA1

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 24150.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Assessor Parcel Number: 1013518
  • Tax Annual Amount: 1609.00
  • Assessor Parcel Number: 221287510
  • Tax Lot: 162
  • 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
Jan 1, 2017
Closed on
Feb 6, 2017
Sold by
Hurst Jean Gatling and Jackson Joyce F
Bought by
Norab Llc
Seller's Agent
Lawrence DiFranco
Elfant Wissahickon-Chestnut Hill
Buyer's Agent
Michele Cushing
EXP Realty, LLC
List Price
$219,000
Sold Price
$219,000
Current Estimated Value
$420,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,000
Avg. Annual Appreciation
7.74%
Original Mortgage
$164,250
Outstanding Balance
$135,992
Interest Rate
4.2%
Mortgage Type
Commercial
Estimated Equity
$284,008

Purchase Details

Closed on
Feb 8, 1993
Bought by
Bison Investments
Source: Public Records

Range of Values:

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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
Norab Llc $219,000 Northwest Abstract Co Inc
Bison Investments $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norab Llc $164,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2017 02/06/17 Sold $219,000 0.0% $109 / Sq Ft
01/05/2017 01/05/17 Pending -- -- --
01/01/2017 01/01/17 For Sale $219,000 -- $109 / 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 $2,727 $322,900 $64,580 $258,320
2024 $2,727 $322,900 $64,580 $258,320
2023 $2,727 $194,800 $29,200 $165,600
2022 $2,727 $194,800 $29,200 $165,600
2021 $2,727 $0 $0 $0
2020 $2,727 $0 $0 $0
2019 $2,690 $0 $0 $0
2018 $1,625 $0 $0 $0
2017 $1,625 $0 $0 $0
2016 $1,625 $0 $0 $0
2015 $11,344 $0 $0 $0
2014 -- $116,100 $45,990 $70,110
2012 -- $18,336 $2,370 $15,966
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003208989

Bright MLS

APN: 221287510