NOT LISTED FOR SALE

Estimated Value: $389,219

-- Bed
-- Bath
1,636 Sq Ft
$238/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $270,000 $165 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,206/month

Highlights

  • Private Lot
  • Wood Flooring
  • Enclosed Patio or Porch
  • Traditional Architecture
  • No HOA
  • 5-minute walk to Mullin Playground

About This Home

As of January 2020

LOCATION! LOCATION! LOCATION! Attention Investor, Entrepreneurs & Developers! Rarely Available! This is your opportunity to own a CMX2 mixed use property on the high traffic busy street, at the intersection of Frankford Ave & Princeton St. 1st floor commercial space is open for possibilities with an additional 4 rooms in the basement with access to the Large backyard/ lot. ( Area could possibly be built on with the right building permits, drawings and approval ) 2nd floor with separate entrance is a spacious 2 Bedroom 1 Bath apartment also with access to backyard. All separate utilities. Property is waiting for your visionary upgrades and changes. Seller is motivated and is selling property in present condition. Bring all offers! This won't last! Call listing Agent to schedule an appointment and showing!

Last Agent to Sell the Property

John Nolano

Keller Williams Realty - Washington Township License #2294275 Listed on: 06/02/2019

Keller Williams Realty - Washington Township

Last Buyer's Agent

Ella Thang

Canaan Realty Investment Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,548

Year Built

  • Built in 1940

Lot Details

  • 1,644 Sq Ft Lot
  • Lot Dimensions are 16.00 x 100.00
  • Backs To Open Common Area
  • Private Lot
  • Corner Lot
  • Back Yard
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • 1,636 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Fixer Upper
  • Flat Roof Shape
  • Shingle Roof
  • Masonry
  • Stucco

Flooring

  • Wood
  • Carpet

Basement

  • Basement Fills Entire Space Under The House
  • Rear Basement Entry

Utilities

  • Window Unit Cooling System
  • Heating Available
  • Natural Gas Water Heater
  • Municipal Trash

Additional Features

  • Level Entry For Accessibility
  • Enclosed Patio or Porch

Listing and Financial Details

  • Tax Lot 492
  • Assessor Parcel Number 871241550

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Mayfair Subdivision

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,548

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1940
  • Remarks Public: LOCATION! LOCATION! LOCATION! Attention Investor, Entrepreneurs & Developers! Rarely Available! This is your opportunity to own a CMX2 mixed use property on the high traffic busy street, at the intersection of Frankford Ave & Princeton St. 1st floor commercial space is open for possibilities with an additional 4 rooms in the basement with access to the Large backyard/ lot. ( Area could possibly be built on with the right building permits, drawings and approval ) 2nd floor with separate entrance is a spacious 2 Bedroom 1 Bath apartment also with access to backyard. All separate utilities. Property is waiting for your visionary upgrades and changes. Seller is motivated and is selling property in present condition. Bring all offers! This won't last! Call listing Agent to schedule an appointment and showing!
  • Special Features: None

Interior Features

  • Flooring Type: Carpet, Hardwood
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Basement: Yes
  • Basement Type: Rear Entrance, Outside Entrance, Full
  • Total Sq Ft: 1636
  • Living Area Sq Ft: 1636
  • Price Per Sq Ft: 180.26
  • Above Grade Finished Sq Ft: 1636
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7104

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry, Stucco
  • Roof: Flat, Shingle
  • Spa: No
  • 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
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 88500.00
  • Land Assessed Value: 22100.00
  • Land Use Code: S30
  • Lot Features: Backs - Open Common Area, Corner, Rear Yard, Private
  • Lot Size Acres: 0.04
  • Lot Dimensions: 16.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1644.00
  • Outdoor Living Structures: Enclosed
  • Property Condition: Below Average, Major Rehab Needed, Very Good
  • Year Assessed: 2020
  • Zoning: CMX2.
  • Zoning Description: Mixed Use. Store front 1st floor, Residential 2nd floor

Rental Info

  • Ground Rent Exists: No
  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1282041
  • School Tax: 850.00
  • Tax Annual Amount: 1548.00
  • Assessor Parcel Number: 871241550
  • Tax Lot: 492
  • Tax Total Finished Sq Ft: 1636
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 01/31/2020

Multi Family

  • Number Of Units Vacant: 2

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2019
Closed on
Jan 31, 2020
Sold by
Harmer Theresa Snow
Bought by
Northeast Philadelphia Development Corp
Seller's Agent
John Nolano
Keller Williams Realty - Washington Township
Buyer's Agent
Ella Thang
Canaan Realty Investment Group
List Price
$324,900
Sold Price
$270,000
Premium/Discount to List
-$54,900
-16.9%
Current Estimated Value
$389,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,219
Original Mortgage
$60,000
Interest Rate
3.72%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 21, 2018
Sold by
Gordon Victor B
Bought by
Harmer Theresa Snow

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 30, 2014
Sold by
Frost Michael
Bought by
Gordon Victor B

Purchase Details

Closed on
Aug 6, 2014
Sold by
Frost Michael and Gordon Victor B
Bought by
Mousdrakas Asterios

Purchase Details

Closed on
Jul 29, 2013
Sold by
Post Michae and City Of Philadelphia
Bought by
Mousdrakas Asterios

Purchase Details

Closed on
Feb 15, 2001
Sold by
Berretta Rita T and Berretta Michael A
Bought by
Frost Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7%
Mortgage Type
Commercial
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
Northeast Philadelphia Development Corp $270,000 First City Abstract Agcy Inc
Harmer Theresa Snow $77,000 None Available
Gordon Victor B $28,200 None Available
Mousdrakas Asterios $94,000 None Available
Mousdrakas Asterios $94,000 None Available
Frost Michael $88,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Northeast Philadelphia Develop $330,000
Closed Northeast Philadelphia Development Corp $60,000
Closed Northeast Philadelphia Development Corp $280,000
Previous Owner Harmer Theresa N Snow $77,000
Previous Owner Frost Michael $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2020 01/31/20 Sold $270,000 -8.4% $165 / Sq Ft
09/10/2019 09/10/19 Pending -- -- --
07/08/2019 07/08/19 Price Changed $294,900 -9.2% $180 / Sq Ft
06/02/2019 06/02/19 For Sale $324,900 -- $199 / 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 $1,592 $125,500 $25,100 $100,400
2024 $1,592 $125,500 $25,100 $100,400
2023 $1,592 $113,700 $22,740 $90,960
2022 $1,548 $113,700 $22,740 $90,960
2021 $1,548 $0 $0 $0
2020 $1,548 $0 $0 $0
2019 $1,534 $0 $0 $0
2018 $1,856 $0 $0 $0
2017 $2,688 $0 $0 $0
2016 $2,688 $0 $0 $0
2015 $2,573 $0 $0 $0
2014 -- $192,000 $16,400 $175,600
2012 -- $20,160 $6,935 $13,225
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH802338

Bright MLS

APN: 871241550