Seller's Agent in 2022
Frank DeFazio
BHHS Fox & Roach
(610) 636-4364
1 in this area
266 Total Sales
721 N 40th St Philadelphia, PA 19104
Mantua NeighborhoodEstimated Value: $623,000 - $806,246
--
Bed
5
Baths
2,680
Sq Ft
$275/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- 3-minute walk to Lancaster Avenue And Wallace Street
- 3-minute walk to Urban Thinkscape
- Forced Air Heating and Cooling System
About This Home
As of September 2022Beautifully Renovated Triplex Near University City with two car parking!! This building is the perfect investment to add to your portfolio. The top unit is a Bi-level three bedroom two and a half bath currently rented for $2,300/month. Unit two is a two bedroom two bath that is currently rented for $1,350/month, could be higher. The third unit is a 1 bedroom, 1 bath just became vacant and was previously getting $1,200/month. You have to see this property in person, the block is one of the nicest I've seen in the area and there's a huge room for development.
Last Agent to Sell the Property
BHHS Fox & Roach-Center City Walnut Listed on: 05/10/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $954
Year Built
- Built in 1915
Lot Details
- 1,785 Sq Ft Lot
- Lot Dimensions are 17.00 x 105.00
Home Design
- 2,680 Sq Ft Home
- Triplex
- Traditional Architecture
- Masonry
Parking
- 2 Parking Spaces
- 2 Driveway Spaces
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
- Private Sewer
Additional Features
- Finished Basement
Community Details
- 3 Units
- Mantua Subdivision
Listing and Financial Details
- Tax Lot 189
- Assessor Parcel Number 243113700
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 10, 2022
Closed on
Aug 18, 2022
Sold by
Philly Holdings 1 Llc
Bought by
Wang Rui and Wu Mei
Seller's Agent
Frank DeFazio
BHHS Fox & Roach-Center City Walnut
Buyer's Agent
Kevin Gov
Realty Mark Cityscape
List Price
$750,000
Sold Price
$712,500
Premium/Discount to List
-$37,500
-5%
Views
5
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,249
Avg. Annual Appreciation
0.63%
Original Mortgage
$632,579
Interest Rate
5.55%
Mortgage Type
FHA
Purchase Details
Listed on
Jan 7, 2019
Closed on
Apr 22, 2019
Sold by
Griffons Talon Properties Llc
Bought by
Philly Holdings 1 Llc
Seller's Agent
Becky Bostic
Keller Williams Main Line
Buyer's Agent
Becky Bostic
Keller Williams Main Line
List Price
$325,000
Sold Price
$245,000
Premium/Discount to List
-$80,000
-24.62%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.26%
Purchase Details
Listed on
Jul 19, 2017
Closed on
Aug 25, 2017
Sold by
Jahan Israt
Bought by
Griffons Talon Properties Llc
Seller's Agent
SAIF CHOWDHURY
Realty Mark Associates-CC
Buyer's Agent
Becky Bostic
Keller Williams Main Line
List Price
$150,000
Sold Price
$150,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.63%
Original Mortgage
$297,000
Interest Rate
3.96%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 9, 2015
Sold by
Lecato Tyrone T and Lecato Jeaneine
Bought by
Jahan Israt
Purchase Details
Closed on
May 24, 2014
Sold by
The Estate Of Dorothy Lecato
Bought by
Lecato Tyrone T and Lecato Jeaneine B
Purchase Details
Closed on
May 21, 2014
Sold by
The Estate Of Missouri Blanks Dec
Bought by
The Estate Of Dorothy Lecato
Purchase Details
Closed on
Oct 4, 1965
Bought by
Blanks Missouri
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wang Rui | $712,500 | -- | |
| Philly Holdings 1 Llc | $245,000 | Springfield Abstract Inc | |
| Griffons Talon Properties Llc | $150,000 | None Available | |
| Jahan Israt | $70,000 | None Available | |
| Lecato Tyrone T | -- | None Available | |
| The Estate Of Dorothy Lecato | -- | None Available | |
| Blanks Missouri | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Wang Rui | $632,579 | |
| Previous Owner | Griffons Talon Properties Llc | $297,000 | |
| Previous Owner | Jahan Israt | $75,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/29/2022 09/29/22 | Sold | $712,500 | -5.0% | $266 / Sq Ft |
| 05/10/2022 05/10/22 | For Sale | $750,000 | +206.1% | $280 / Sq Ft |
| 04/19/2019 04/19/19 | Sold | $245,000 | -15.5% | $83 / Sq Ft |
| 03/22/2019 03/22/19 | Pending | -- | -- | -- |
| 03/11/2019 03/11/19 | Price Changed | $290,000 | -10.8% | $98 / Sq Ft |
| 01/07/2019 01/07/19 | For Sale | $325,000 | +116.7% | $110 / Sq Ft |
| 08/24/2017 08/24/17 | Sold | $150,000 | 0.0% | $56 / Sq Ft |
| 07/28/2017 07/28/17 | Off Market | $150,000 | -- | -- |
| 07/19/2017 07/19/17 | For Sale | $150,000 | -- | $56 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $3,516 | $650,000 | $130,000 | $520,000 |
| 2024 | $3,516 | $650,000 | $130,000 | $520,000 |
| 2023 | $3,516 | $251,200 | $50,240 | $200,960 |
| 2022 | $955 | $251,200 | $50,240 | $200,960 |
| 2021 | $955 | $0 | $0 | $0 |
| 2020 | $955 | $0 | $0 | $0 |
| 2019 | $920 | $0 | $0 | $0 |
| 2018 | $1,382 | $0 | $0 | $0 |
| 2017 | $1,382 | $0 | $0 | $0 |
| 2016 | $1,382 | $0 | $0 | $0 |
| 2015 | $1,323 | $0 | $0 | $0 |
| 2014 | -- | $98,700 | $9,378 | $89,322 |
| 2012 | -- | $5,568 | $3,124 | $2,444 |
Source: Public Records
Agents Affiliated with this Home
-
Frank DeFazio
-
Charles Lindsay
Seller Co-Listing Agent in 2022
Charles Lindsay
BHHS Fox & Roach
(610) 636-5285
1 in this area
36 Total Sales
-
Kevin Gov
Buyer's Agent in 2022
Kevin Gov
Realty Mark Cityscape
(267) 939-0147
2 in this area
10 Total Sales
-
Becky Bostic
Seller's Agent in 2019
Becky Bostic
Keller Williams Main Line
(215) 313-1930
3 in this area
210 Total Sales
-
SAIF CHOWDHURY
S
Seller's Agent in 2017
SAIF CHOWDHURY
Realty Mark Associates-CC
(267) 255-1956
48 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH2110132
APN: 243113700
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