NOT LISTED FOR SALE

706 S 18th St Philadelphia, PA 19146

Southwest Center City Neighborhood

Estimated Value: $724,000 - $894,000

-- Bed
3 Baths
2,070 Sq Ft
$391/Sq Ft Est. Value

Last Sold September 17, 2013

Last sale price $300,000 $145 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $4,740/month

Highlights

  • No HOA
  • Heating System Uses Gas
  • 3-minute walk to Marian Anderson Recreation Center
  • En-Suite Primary Bedroom

About This Home

As of September 2013

Location,Location Make sure to check the prime location! Positive cash flow! wonderful investment opportunity Price is reduce From 399,900 to 369.900! 3 unit Property features 1- 1-Bedroom,2 effiency 1-bath apartments.Located in the terrific neighborhood the Triplex Sitting in the Heart Center city.The third floor Currently vacant.The building is also Mere Blocks Away From Rittenhouse Square, Park and with good restaurant, 1 1/2 miles from City Hall variety Shops. Property has a lot of potential Property selling As is cash offer only Or Conventional only.

Last Agent to Sell the Property

Meredith Charles

(267) 304-6775 meredith@codiolegacy.com Codio Legacy Real Estate, Inc. License #RS301091 Listed on: 05/22/2013

Last Buyer's Agent

Richard Li

(267) 767-7612 richard4493@gmail.com Liberty Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,486

Year Built

  • Built in 1943

Lot Details

  • 1,109 Sq Ft Lot
  • Lot Dimensions are 16x69

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,070 Sq Ft Home
  • Partial Basement

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 301357500

Community Details

Overview

  • No Home Owners Association
  • Rittenhouse Square Subdivision

Building Details

  • Insurance Expense $2,100
  • Operating Expense $8,186

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,486

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1943
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 2070
  • Living Area Sq Ft: 2070
  • Price Per Sq Ft: 178.70
  • Above Grade Finished Sq Ft: 2070
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • 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: 3000.00
  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 600.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 22627.00
  • Land Assessed Value: 2813.00
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16X69
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1109.00
  • Zoning: R10A

Green Features

  • Green Remarks: Building needs some update,but price to sale Property back to market with no clause no FHA finance.

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 11150.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 1061893
  • Tax Annual Amount: 2486.00
  • Assessor Parcel Number: 301357500
  • Tax Lot: 9
  • Tax Year: 2013

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2013
Closed on
Sep 17, 2013
Sold by
Boney Hall Annie T
Bought by
Zhang Wenqi and Guo Chang Jie
Seller's Agent
Meredith Charles
Codio Legacy Real Estate, Inc.
Buyer's Agent
Richard Li
Liberty Real Estate
List Price
$399,999
Sold Price
$300,000
Premium/Discount to List
-$99,999
-25%
Current Estimated Value
$809,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$509,000
Avg. Annual Appreciation
8.53%

Purchase Details

Closed on
May 16, 1997
Sold by
Hall Rupert A
Bought by
Boney Hall Annie

Purchase Details

Closed on
Feb 26, 1997
Sold by
Paxton Bembery Herman and Paxton Lamar Madie
Bought by
Boney Hall Annie T and Hall Rupert
Source: Public Records

Range of Values:

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Average Value
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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
Zhang Wenqi $3,000,000 None Available
Boney Hall Annie -- --
Boney Hall Annie T $18,000 Industrial Valley Title Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2013 09/17/13 Sold $300,000 -25.0% $145 / Sq Ft
08/01/2013 08/01/13 Pending -- -- --
05/22/2013 05/22/13 For Sale $399,999 -- $193 / 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 $6,072 $707,300 $141,460 $565,840
2024 $6,072 $707,300 $141,460 $565,840
2023 $6,072 $677,800 $135,560 $542,240
2022 $4,521 $433,792 $135,560 $298,232
2021 $4,521 $0 $0 $0
2020 $4,521 $0 $0 $0
2019 $5,862 $0 $0 $0
2018 $4,391 $0 $0 $0
2017 $4,205 $0 $0 $0
2016 $2,855 $0 $0 $0
2015 $2,210 $0 $0 $0
2014 -- $313,700 $54,656 $259,044
2012 -- $25,440 $2,813 $22,627
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Meredith Charles

    Codio Legacy Real Estate, Inc.

    (267) 304-6775

    51 Total Sales

    Meredith Charles
    Section Image

  • R

    Buyer's Agent in 2013

    Richard Li

    Liberty Real Estate

    (267) 767-7612

    75 Total Sales

    Richard Li
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003473974

Bright MLS

APN: 301357500

Pennsylvania Philadelphia County Philadelphia 19146 Southwest Center City

706 S 18th St, Philadelphia, PA

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