NOT LISTED FOR SALE

Estimated Value: $388,000 - $442,000

0.05 Acre
$8,380,720 Price per Acre
2,000 Sq Ft Lot

Last Sold March 04, 2022

Last sale price $390,000 $197 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,490/month

34 Days on Market

About This Lot

As of March 2022

Developer Alert!!!! SHOVEL READY 20'x100' Vacant Lot in booming Mantua/Powelton Village, not even 5 minutes from The Philadelphia Zoo. Located in a qualified opportunity zone. Attractive block with the majority of the block consisting of new construction. Lot Zoned RM-1. Comes with fully approved architectural plans for a 4 story Quadraplex, with (2) bi-level and (2) tri-level, dwellings, each with 2 br, 2.5 bath, with the upper 2 units having access to the rooftop deck. Sell or rent at 4- single family units or rent with 8 total bedrooms. Bring your contractors to put your personal taste into the interior design. Acquire this prime location before the prices go through the roof. Reference PAPH934590, a 1500sq ft. lot with included plans, it sold for 500k.
10 YEAR TAX ABATEMENT(FULL) paperwork submitted. Submit all offers to the owner who is a licensed Real Estate Agent.

Last Agent to Sell the Property

Taison DeVore

Trinity Property Advisors License #RS330459 Listed on: 01/05/2022

Last Buyer's Agent

Reda Akbil

Compass RE License #RS337002

Compass RE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $542

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20.00 x 100.00
  • Cleared Lot
  • Property is zoned RM1

Community Details

  • No Home Owners Association
  • Mantua Subdivision

Listing and Financial Details

  • Tax Lot 51
  • Assessor Parcel Number 242163600

Property Details

Property Type

Land

Est. Annual Taxes

$542

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Historic: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Developer Alert!!!! SHOVEL READY 20'x100' Vacant Lot in booming Mantua/Powelton Village, not even 5 minutes from The Philadelphia Zoo. Located in a qualified opportunity zone. Attractive block with the majority of the block consisting of new construction. Lot Zoned RM-1. Comes with fully approved architectural plans for a 4 story Quadraplex, with (2) bi-level and (2) tri-level, dwellings, each with 2 br, 2.5 bath, with the upper 2 units having access to the rooftop deck. Sell or rent at 4- single family units or rent with 8 total bedrooms. Bring your contractors to put your personal taste into the interior design. Acquire this prime location before the prices go through the roof. Reference PAPH934590, a 1500sq ft. lot with included plans, it sold for 500k. 10 YEAR TAX ABATEMENT(FULL) paperwork submitted. Submit all offers to the owner who is a licensed Real Estate Agent.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 237.50
  • Street Number Modifier: 663

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 15778.00
  • Land Use Code: H50
  • Lot Features: Cleared
  • Lot Size Acres: 0.05
  • Lot Dimensions: 20.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2000.00
  • Year Assessed: 2021
  • Zoning: RM1
  • Farmland Preservation: No

Green Features

  • Clean Green Assessed: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 1028276
  • School Tax: 297.00
  • Tax Annual Amount: 542.00
  • Assessor Parcel Number: 242163600
  • Tax Lot: 51
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 03/04/2022

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2022
Sold by
4211 Market Llc
Bought by
661 North 35Th Llc
Total Days on Market
34
Current Estimated Value
$419,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,400,000
Outstanding Balance
$4,206,993
Interest Rate
4.99%
Mortgage Type
Seller Take Back
Estimated Equity
-$3,788,255

Purchase Details

Listed on
Jan 5, 2022
Closed on
Mar 4, 2022
Sold by
Johnnie Lampkins
Bought by
4211 Market Llc
Seller's Agent
Taison DeVore
Trinity Property Advisors
Buyer's Agent
Reda Akbil
Compass RE
List Price
$575,000
Sold Price
$390,000
Premium/Discount to List
-$185,000
-32.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.07%

Purchase Details

Closed on
Jan 13, 2021
Sold by
Durham Johnnie
Bought by
Lampkins Johnnie

Purchase Details

Closed on
May 16, 1974
Bought by
Johnnie Durham
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
661 North 35Th Llc $750,000 --
4211 Market Llc $390,000 Land Services Usa
Lampkins Johnnie $130,000 Matrix Abstract Inc
Johnnie Durham $3,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 661 North 35Th Llc $4,400,000
Closed 661 North 35Th Llc $485,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2022 03/04/22 Sold $390,000 -17.9% $197 / Sq Ft
02/08/2022 02/08/22 Pending -- -- --
01/16/2022 01/16/22 Price Changed $475,000 -17.4% $240 / Sq Ft
01/05/2022 01/05/22 For Sale $575,000 -- $291 / 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 $2,476 $210,600 $42,120 $168,480
2024 $2,476 $210,600 $42,120 $168,480
2023 $2,476 $176,900 $35,380 $141,520
2022 $1,953 $176,900 $35,380 $141,520
2021 $542 $0 $0 $0
2020 $542 $0 $0 $0
2019 $542 $0 $0 $0
2018 $0 $0 $0 $0
2017 $542 $0 $0 $0
2016 $542 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $121,200 $16,000 $105,200
2012 -- $4,128 $1,064 $3,064
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAPH2062752

Bright MLS

APN: 242163600