NOT LISTED FOR SALE

Estimated Value: $218,000 - $1,265,383

1.97 Acres
$341,351 Price per Acre
85,813 Sq Ft Lot

Last Sold September 20, 2023

Last sale price $1,200,000

Est. 44% decrease in value since last sale

Current estimated payment $4,171/month

33 Days on Market

About This Lot

As of September 2023

2 ACRES OF LAND READY TO BE DEVELOPED This Huge plot of land is situated in the up and coming Germantown section. Zoned as ICMX-Industrial Commercial Mixed-Use, which brings about infinite possibilities and streams of revenue. Asking sale price is $1,600,000

Last Agent to Sell the Property

Moshe Adika

(215) 383-1439 info@tcsmgt.com TCS Management, LLC License #2333829 Listed on: 06/28/2023

Last Buyer's Agent

Jon Christopher

(888) 896-1034 jon@chrisres.com Christopher Real Estate Services License #RM422227

Property Details

Property Type

  • Land

Lot Details

  • 1.97 Acre Lot
  • Lot Dimensions are 366.00 x 300.00
  • Property is zoned ICMX

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 108
  • Assessor Parcel Number 885291580

Property Details

Property Type

Land

Lot Details

1.97 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Apartments, Storage Yard, Warehouse, Land/Lot Only
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 18.64

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

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 1.97
  • Lot Dimensions: 366.00 x 300.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 85829.00
  • Zoning: ICMX
  • Farmland Preservation: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 16481.00
  • Tax Annual Amount: 30035.00
  • Assessor Parcel Number: 885291580
  • Tax Lot: 108
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2023
Closed on
Sep 18, 2023
Sold by
West York Llc
Bought by
Flat Rock Real Estate Llc
Seller's Agent
Moshe Adika
TCS Management, LLC
Buyer's Agent
Jon Christopher
Christopher Real Estate Services
List Price
$1,600,000
Sold Price
$1,200,000
Premium/Discount to List
-$400,000
-25%
Views
61
Current Estimated Value
$672,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$527,539
Avg. Annual Appreciation
-20.75%

Purchase Details

Closed on
May 11, 2022
Sold by
Philadelphia Committee To End Homelessne
Bought by
West York Llc

Purchase Details

Closed on
Feb 27, 2018
Sold by
Meadows Charles and Dougherty Bryan
Bought by
Homelessne Philadelphia Committee To End

Purchase Details

Closed on
Dec 29, 2014
Sold by
Brinton Homes Inc
Bought by
Meadows Charles and Dougherty Bryan

Purchase Details

Closed on
Jul 29, 2004
Sold by
Costa Homes Inc
Bought by
Brinton Homes Llc

Purchase Details

Closed on
Sep 29, 2000
Sold by
Tyson Realty Inc
Bought by
Costa Homes Inc

Purchase Details

Closed on
Mar 30, 1998
Sold by
City Of Philadelphia
Bought by
Tyson Realty
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Flat Rock Real Estate Llc $1,200,000 Evans Abstract
West York Llc $500,000 None Listed On Document
Homelessne Philadelphia Committee To End $160,000 Quality Abstract Services In
Meadows Charles $100,000 None Available
Brinton Homes Llc $325,000 --
Costa Homes Inc $100,000 First American Title Ins Co
Tyson Realty $20,400 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/20/2023 09/20/23 Sold $1,200,000 -25.0% --
06/28/2023 06/28/23 For Sale $1,600,000 +869.7% --
05/18/2018 05/18/18 Sold $165,000 -27.9% -- View Prior Sale
04/02/2018 04/02/18 Pending -- -- --
11/14/2017 11/14/17 For Sale $229,000 -- --
Source: Bright MLS

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
2026 $30,036 $1,115,800 $1,115,800 --
2025 $30,036 $1,115,800 $1,115,800 --
2024 $30,036 $1,115,800 $1,115,800 --
2023 $30,036 $2,145,700 $2,145,700 $0
2022 $33,373 $2,145,700 $2,145,700 $0
2021 $33,373 $0 $0 $0
2020 $33,373 $0 $0 $0
2019 $33,373 $0 $0 $0
2018 $9,670 $0 $0 $0
2017 $7,671 $0 $0 $0
2016 $7,671 $0 $0 $0
2015 $53,545 $0 $0 $0
2014 -- $548,000 $548,000 $0
2012 -- $42,240 $42,240 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2252608

Bright MLS

APN: 885291580

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