NOT LISTED FOR SALE

6648 N 8th St Philadelphia, PA 19126

East Oak Lane Neighborhood

Estimated Value: $230,000 - $375,000

-- Bed
4 Baths
2,500 Sq Ft
$113/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $225,000 $90 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,763/month

63 Days on Market

Highlights

  • 0.44 Acre Lot
  • Victorian Architecture
  • Electric Baseboard Heater

About This Home

As of May 2024

A rare opportunity to purchase a TRIPLEX in the heart of East Oak Lane. A great opportunity for investors looking for an income producing property or owner occupants looking to 'house hack' and have the other units pay for their living expenses. The property has 3 separate units and another large bonus / flex room that could be used as a communal area, storage, or whatever the next owner sees fit. The first floor unit is a 2 bedroom / 1 bathroom, and has access to the basement and rear shed area. Unit 2 is on the second floor and could be a 1 bedroom / 1 bathroom or a 2 bedroom / 1 bathroom depending on your vision. The second floor is also where the large bonus room is, as well as a full bathroom in the hallway. Unit 3 is a 2 bed / 1 bathroom and is the entire third floor. The property is on a massive lot, one of the larger lots in the area. Located only a few blocks from Broad St. and Montgomery County. Agent is owner. Property has a rental license for 3 units and Resale Cert for 3 units.

Last Agent to Sell the Property

Jon Sanborn

(570) 994-6620 jon@drgphilly.com DRG Philly Listed on: 03/18/2024

Last Buyer's Agent

Ronald Cook

(215) 740-9354 rhcandme@gmail.com RHC Realty LLC License #RB065973

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,447

Year Built

  • Built in 1925

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 90.00 x 215.00

Parking

  • On-Street Parking

Home Design

  • 2,500 Sq Ft Home
  • Triplex
  • Victorian Architecture
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Utilities

  • Radiator
  • Electric Baseboard Heater

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 611172000

Community Details

Overview

  • 3 Units
  • 3-Story Building

Building Details

  • 3 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,447

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Remarks Public: A rare opportunity to purchase a TRIPLEX in the heart of East Oak Lane. A great opportunity for investors looking for an income producing property or owner occupants looking to 'house hack' and have the other units pay for their living expenses. The property has 3 separate units and another large bonus / flex room that could be used as a communal area, storage, or whatever the next owner sees fit. The first floor unit is a 2 bedroom / 1 bathroom, and has access to the basement and rear shed area. Unit 2 is on the second floor and could be a 1 bedroom / 1 bathroom or a 2 bedroom / 1 bathroom depending on your vision. The second floor is also where the large bonus room is, as well as a full bathroom in the hallway. Unit 3 is a 2 bed / 1 bathroom and is the entire third floor. The property is on a massive lot, one of the larger lots in the area. Located only a few blocks from Broad St. and Montgomery County. Agent is owner. Property has a rental license for 3 units and Resale Cert for 3 units.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Room Count: 12
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2500
  • Living Area Sq Ft: 2500
  • Price Per Sq Ft: 91.60
  • Above Grade Finished Sq Ft: 2500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 6648

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Electric, Radiator
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Land Use Code: G56
  • Lot Size Acres: 0.44
  • Lot Dimensions: 90.00 x 215.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19310.00
  • Year Assessed: 2023
  • Zoning: RSA2

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1891.00
  • Tax Annual Amount: 3447.00
  • Assessor Parcel Number: 611172000
  • Tax Lot: 17
  • Tax Total Finished Sq Ft: 2500
  • Tax Data Updated: Yes
  • Tax Year: 2023
  • Close Date: 05/31/2024

Multi Family

  • Number Of Units Vacant: 3
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2024
Closed on
May 31, 2024
Sold by
Brotherly Love Real Estate Llc
Bought by
Villanueva Jose
Seller's Agent
Jon Sanborn
DRG Philly
Buyer's Agent
Ronald Cook
RHC Realty LLC
List Price
$229,000
Sold Price
$225,000
Premium/Discount to List
-$4,000
-1.75%
Views
138
Current Estimated Value
$281,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,926
Avg. Annual Appreciation
17.35%

Purchase Details

Closed on
Oct 18, 2022
Sold by
Edwards-Graham Beverley
Bought by
Brotherly Love Real Estate Llc

Purchase Details

Closed on
Jan 16, 1997
Sold by
Ellwood Minnie
Bought by
Edwards Graham Beverley
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
Villanueva Jose $225,000 Alpert Abstract
Brotherly Love Real Estate Llc $130,000 --
Edwards Graham Beverley $94,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2024 05/31/24 Sold $225,000 -1.7% $90 / Sq Ft
05/20/2024 05/20/24 Pending -- -- --
03/18/2024 03/18/24 For Sale $229,000 -- $92 / 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 $3,448 $330,800 $66,160 $264,640
2024 $3,448 $330,800 $66,160 $264,640
2023 $3,448 $246,300 $49,260 $197,040
2022 $2,282 $246,300 $49,260 $197,040
2021 $2,282 $0 $0 $0
2020 $2,282 $0 $0 $0
2019 $2,121 $0 $0 $0
2018 $2,634 $0 $0 $0
2017 $2,634 $0 $0 $0
2016 $2,634 $0 $0 $0
2015 $2,522 $0 $0 $0
2014 -- $188,200 $152,740 $35,460
2012 -- $20,128 $10,493 $9,635
Source: Public Records

Agents Affiliated with this Home

  • Jon Sanborn

    Seller's Agent in 2024

    Jon Sanborn

    DRG Philly

    (570) 994-6620

    1 in this area

    81 Total Sales

    Jon Sanborn
    Section Image

  • R

    Buyer's Agent in 2024

    Ronald Cook

    RHC Realty LLC

    (215) 740-9354

    1 in this area

    11 Total Sales

    Ronald Cook
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH2332894

Bright MLS

APN: 611172000

Pennsylvania Philadelphia County Philadelphia 19126 East Oak Lane

6648 N 8th St, Philadelphia, PA

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