NOT LISTED FOR SALE

Estimated Value: $862,478 - $998,000

-- Bed
3 Baths
2,340 Sq Ft
$392/Sq Ft Est. Value

Last Sold January 18, 2019

Last sale price $750,000 $321 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,576/month

Highlights

  • Wood Flooring
  • En-Suite Primary Bedroom
  • Heating System Uses Gas
  • No HOA
  • Central Air
  • 5-minute walk to Mario Lanza Park

About This Home

As of January 2019

LOCATION Location Location! This legally zoned TRIPLEX is fully rented and completely remodeled. A turn key investment. Located on one of the best blocks of Queen Village and directly in the heart of MEREDITH school catchment this building is a perfect for the owner occupant or savvy investor. All light filled units boast one generous sized bedroom AND A DEN, Central Air conditioning, open concept living, in unit washer dryers, remodeled Kitchen and Bathrooms, exposed brick walls, dishwashers and separated utilities. First floor has its own private garden space. Steps away from OX coffee house, D'Mitri's, New Wave Caf , Southwark, Copa, Jim's Steaks, O'Neal's, and so many more . Excellent parking options, easy commute to 95 and 676 and public transportation make this building a smart and sound investment.

Last Agent to Sell the Property

Brian Stetler

(610) 996-1907 blstetler@gmail.com BHHS Fox & Roach-Center City Walnut License #RS301905 Listed on: 11/02/2018

BHHS Fox & Roach-Center City Walnut

Co-Listed By

Paul Starcheski

(267) 257-5876 pstar1712@gmail.com BHHS Fox & Roach-Center City Walnut

Last Buyer's Agent

Patrick Campbell

(215) 828-6558 patrick@intownreg.com Compass RE License #RS286983

Compass RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,252

Year Built

  • Built in 1919

Lot Details

  • 1,200 Sq Ft Lot
  • Lot Dimensions are 15x80
  • Property is in good condition

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,340 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Flooring

  • Wood
  • Wall to Wall Carpet

Parking

  • On-Street Parking
  • Rented or Permit Required

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 390
  • Assessor Parcel Number 023114100

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Queen Village Subdivision

Building Details

  • Operating Expense $5,252

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,252

Year Built

Built in 1919

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: 1919
  • Remarks Public: LOCATION Location Location! This legally zoned TRIPLEX is fully rented and completely remodeled. A turn key investment. Located on one of the best blocks of Queen Village and directly in the heart of MEREDITH school catchment this building is a perfect for the owner occupant or savvy investor. All light filled units boast one generous sized bedroom AND A DEN, Central Air conditioning, open concept living, in unit washer dryers, remodeled Kitchen and Bathrooms, exposed brick walls, dishwashers and separated utilities. First floor has its own private garden space. Steps away from OX coffee house, D'Mitri's, New Wave Caf , Southwark, Copa, Jim's Steaks, O'Neal's, and so many more . Excellent parking options, easy commute to 95 and 676 and public transportation make this building a smart and sound investment. ,
  • Special Features: None

Interior Features

  • Flooring Type: Wood, Fully Carpeted
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 2340
  • Living Area Sq Ft: 2340
  • Price Per Sq Ft: 332.91
  • Above Grade Finished Sq Ft: 2340
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 713

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Rented/Permit Required
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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

Lot Info

  • Improvement Assessed Value: 262640.00
  • Land Assessed Value: 112560.00
  • Land Use Code: U50
  • Lot Size Acres: 0.03
  • Lot Dimensions: 15X80
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1200.00
  • Property Condition: Good
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 889212
  • Tax Annual Amount: 5252.00
  • Assessor Parcel Number: 023114100
  • Tax Lot: 390
  • Tax Year: 2018
  • Close Date: 01/18/2019

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2024
Sold by
Ferrari Andrea J
Bought by
Ferrari Jennifer Ann
Current Estimated Value
$917,159

Purchase Details

Listed on
Nov 2, 2018
Closed on
Jan 18, 2019
Sold by
Richards David
Bought by
Ferrari Albert W and Ferrari Andrea J
Seller's Agent
Brian Stetler
BHHS Fox & Roach-Center City Walnut
Buyer's Agent
Patrick Campbell
Compass RE
List Price
$779,000
Sold Price
$750,000
Premium/Discount to List
-$29,000
-3.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.03%

Purchase Details

Closed on
Apr 14, 1994
Bought by
Richards David
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
Ferrari Jennifer Ann -- None Listed On Document
Ferrari Jennifer Ann -- None Listed On Document
Ferrari Albert W $750,000 First American Abstract Of P
Richards David $85,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2019 01/18/19 Sold $750,000 -3.7% $321 / Sq Ft
01/03/2019 01/03/19 Pending -- -- --
12/06/2018 12/06/18 For Sale $779,000 0.0% $333 / Sq Ft
11/18/2018 11/18/18 Pending -- -- --
11/02/2018 11/02/18 For Sale $779,000 -- $333 / 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 $8,550 $791,900 $158,380 $633,520
2024 $8,550 $791,900 $158,380 $633,520
2023 $8,550 $610,800 $183,100 $427,700
2022 $8,550 $610,800 $183,100 $427,700
2021 $8,550 $0 $0 $0
2020 $8,550 $0 $0 $0
2019 $7,889 $0 $0 $0
2018 $5,252 $0 $0 $0
2017 $5,252 $0 $0 $0
2016 $5,252 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $375,200 $48,725 $326,475
2012 -- $32,832 $12,290 $20,542
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH101838

Bright MLS

APN: 023114100