NOT LISTED FOR SALE

722 S 22nd St Philadelphia, PA 19146

Southwest Center City Neighborhood

Estimated Value: $854,485 - $1,059,000

-- Bed
4 Baths
2,400 Sq Ft
$387/Sq Ft Est. Value

Last Sold April 01, 2016

Last sale price $567,500 $236 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $5,532/month

Highlights

  • No HOA
  • Heating System Uses Gas
  • 4-minute walk to Julian Abele Park
  • En-Suite Primary Bedroom

About This Home

As of April 2016

Investors, here is your opportunity to own an income generation triplex, consisting of three occupied units, and an occupied garage.Location location location: 22nd and Bainbridge section of the popular Graduate Hospital area that is close to stores, shops and not far from Rittenhouse Square. Rentals are very hot in this area. Unit One is the first floor. Unit 2R is a bi-level apartment with a deck!. Unit 2F is a two bedroom bi-level. Included is a garage that is rented out. Come on and take a look!

Last Agent to Sell the Property

Lawrence Leise

(856) 745-7958 lleise@cbpref.com Coldwell Banker Realty Listed on: 03/10/2016

Coldwell Banker Realty

Last Buyer's Agent

Ariel Morgenstein

(215) 740-6226 sales@jg-realestate.com JG Real Estate LLC License #2332837

JG Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,561

Year Built

  • Built in 1916

Lot Details

  • 928 Sq Ft Lot
  • Lot Dimensions are 16x58
  • Property is in good condition

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,400 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Parking

  • 1 Open Parking Space
  • 2 Parking Spaces

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Oil Water Heater

Listing and Financial Details

  • Tax Lot 167
  • Assessor Parcel Number 302146800

Community Details

Overview

  • No Home Owners Association
  • Graduate Hospital Subdivision

Building Details

  • Operating Expense $5,521

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,561

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1916
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 2400
  • Living Area Sq Ft: 2400
  • Price Per Sq Ft: 228.75
  • Above Grade Finished Sq Ft: 2400
  • 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
  • Open Parking Spaces Count: 1
  • Total Garage And Parking Spaces: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 960.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 278045.00
  • Land Assessed Value: 47755.00
  • Lot Size Acres: 0.02
  • Lot Dimensions: 16X58
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 928.00
  • Property Condition: Good
  • Zoning: CMX1

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 3025.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Assessor Parcel Number: 1063408
  • Tax Annual Amount: 4561.00
  • Assessor Parcel Number: 302146800
  • Tax Lot: 167
  • Tax Year: 2016

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2016
Closed on
Apr 1, 2016
Sold by
Aghanazari Mohammadeza
Bought by
Swann Jacob and Swann Sonya
Seller's Agent
Lawrence Leise
Coldwell Banker Realty
Buyer's Agent
Ariel Morgenstein
JG Real Estate LLC
List Price
$549,000
Sold Price
$567,500
Premium/Discount to List
$18,500
3.37%
Current Estimated Value
$928,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,995
Avg. Annual Appreciation
5.27%

Purchase Details

Closed on
Sep 8, 2003
Sold by
Gatling Michael T
Bought by
Aghanazari Mohammadreza

Purchase Details

Closed on
Feb 7, 2000
Sold by
Hammerman Mary Bell and Hammerman James B
Bought by
Gatling Michael T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,900
Interest Rate
7.98%
Mortgage Type
FHA
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
Swann Jacob $567,500 None Available
Aghanazari Mohammadreza $212,000 --
Gatling Michael T $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gatling Michael T $94,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2016 04/01/16 Sold $567,500 +3.4% $236 / Sq Ft
03/16/2016 03/16/16 Pending -- -- --
03/10/2016 03/10/16 For Sale $549,000 -- $229 / 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 $8,059 $686,500 $137,300 $549,200
2024 $8,059 $686,500 $137,300 $549,200
2023 $8,059 $575,700 $115,140 $460,560
2022 $6,968 $575,700 $115,140 $460,560
2021 $6,968 $0 $0 $0
2020 $6,968 $0 $0 $0
2019 $8,346 $0 $0 $0
2018 $0 $0 $0 $0
2017 $4,561 $0 $0 $0
2016 $4,561 $0 $0 $0
2015 $4,366 $0 $0 $0
2014 -- $325,800 $47,755 $278,045
2012 -- $22,464 $2,722 $19,742
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Lawrence Leise

    Coldwell Banker Realty

    (856) 745-7958

    4 Total Sales

    Lawrence Leise
    Section Image
  • Ariel Morgenstein

    Buyer's Agent in 2016

    Ariel Morgenstein

    JG Real Estate

    (215) 740-6226

    4 in this area

    179 Total Sales

    Ariel Morgenstein
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002395976

Bright MLS

APN: 302146800

Pennsylvania Philadelphia County Philadelphia 19146 Southwest Center City

722 S 22nd St, Philadelphia, PA

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