NOT LISTED FOR SALE

715 E Passyunk Ave Unit 17 Philadelphia, PA 19147

Queen Village Neighborhood

Estimated Value: $364,000 - $441,000

0.03 Acre
$13,416,667 Price per Acre
1,117 Sq Ft Lot

Last Sold January 02, 2020

Last sale price $325,000 $1,204 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,463/month

28 Days on Market

About This Lot

As of January 2020

Calling all investors! Development site on an amazing corner in Queen Village! Zoning is approved for a 4-story, ground-up, mixed-use building. Ground floor retail, 2nd floor 1 bedroom, and 3rd/4th floor bi-level unit plus 4th floor patio. (Alternatively, build one tri-level residential unit above the retail). You won't want to miss out on this opportunity, centrally located to all that South Street and Queen Village have to offer!

Last Agent to Sell the Property

Noah Ostroff

KW Empower License #RS308424 Listed on: 07/24/2019

KW Empower

Co-Listed By

Jacob Cohen

KW Philly

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,092

Lot Details

  • 1,117 Sq Ft Lot
  • Lot Dimensions are 33.31 x 73.50
  • Property is zoned CMX2

Community Details

  • No Home Owners Association
  • Queen Village Subdivision

Listing and Financial Details

  • Tax Lot 354
  • Assessor Parcel Number 023133500

Property Details

Property Type

Land

Est. Annual Taxes

$3,092

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Commercial, Drive-Thru, Investment, Land/Lot Only, Mixed, Parking, Vacant
  • Inclusions: Zoning Approval
  • New Construction: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 353.63
  • Street Number Modifier: 715

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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Use Code: O11
  • Lot Size Acres: 0.03
  • Lot Dimensions: 33.31 x 73.50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1117.00
  • Year Assessed: 2020
  • Zoning: CMX2
  • Farmland Preservation: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1697.00
  • Tax Annual Amount: 3092.00
  • Assessor Parcel Number: 023133500
  • Tax Lot: 354
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 01/02/2020

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2019
Closed on
Dec 27, 2019
Sold by
715 E Passyunk Llc
Bought by
715 Passyunk Partners Llc
Seller's Agent
Noah Ostroff
KW Empower
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$395,000
Sold Price
$325,000
Premium/Discount to List
-$70,000
-17.72%
Current Estimated Value
$402,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,500
Avg. Annual Appreciation
-0.26%
Original Mortgage
$905,000
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 21, 2018
Sold by
Simons Borgenicht Suzanne
Bought by
715 E Passyunk Llc

Purchase Details

Closed on
Aug 24, 2015
Sold by
Borgenicht David A
Bought by
Borgenicht Suzanne Simons

Purchase Details

Closed on
Oct 31, 2003
Sold by
Lawson Rosemary and Catroppa Vincent
Bought by
Popa Llc
Source: Public Records

Range of Values:

Collateral Analytics

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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
715 Passyunk Partners Llc $325,000 None Available
715 E Passyunk Llc $275,000 None Available
Borgenicht Suzanne Simons -- None Available
Borgenicht David A -- None Available
Popa Llc $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 715 Passyunk Partners Llc $1,600,000
Closed 715 Passyunk Partners Llc $1,385,000
Closed 715 Passyunk Partners Llc $905,000
Previous Owner Popa Llc $1,005,475
Previous Owner Popa Llc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2020 01/02/20 Sold $325,000 -17.7% $1,204 / Sq Ft
08/21/2019 08/21/19 Pending -- -- --
07/24/2019 07/24/19 For Sale $395,000 -- $1,463 / 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 $3,238 $231,300 $46,260 $185,040
2024 $3,238 $231,300 $46,260 $185,040
2023 $3,238 $231,300 $46,260 $185,040
2022 $3,092 $231,300 $46,260 $185,040
2021 $3,092 $0 $0 $0
2020 $3,092 $0 $0 $0
2019 $2,854 $0 $0 $0
2018 $2,854 $0 $0 $0
2017 $2,854 $0 $0 $0
2016 $2,854 $0 $0 $0
2015 $19,923 $0 $0 $0
2014 -- $203,900 $44,314 $159,586
2012 -- $12,800 $9,597 $3,203
Source: Public Records

Agents Affiliated with this Home

  • Noah Ostroff

    Seller's Agent in 2020

    Noah Ostroff

    KW Empower

    (215) 607-6007

    17 in this area

    769 Total Sales

    Noah Ostroff
    Section Image

  • J

    Seller Co-Listing Agent in 2020

    Jacob Cohen

    KW Philly

See All Agents

Map

Source: Bright MLS

MLS Number: PAPH819712

Bright MLS

APN: 871000094

Pennsylvania Philadelphia County Philadelphia 19147 Queen Village

715 E Passyunk Ave Unit 17, Philadelphia, PA

This home is located at 715 E Passyunk Ave Unit 17, Philadelphia, PA 19147 since 24 July 2019 and is currently estimated at $402,500, approximately $1,490 per square foot. 715 E Passyunk Ave Unit 17 is a home located in Philadelphia County with nearby schools including William M. Meredith School, Furness Horace High School, and St. Peter's School.

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