NOT LISTED FOR SALE

Estimated Value: $732,000 - $827,878

-- Bed
-- Bath
2,982 Sq Ft
$264/Sq Ft Est. Value

Last Sold April 01, 2021

Last sale price $725,000 $243 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,945/month

Highlights

  • Straight Thru Architecture
  • More Than Two Accessible Exits
  • 1-minute walk to Cianfrani Park
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of April 2021

Welcome to 726 S. 8th Street in Bella Vista. Great location across from Cianfrani Park. This 3 story Triplex is a large property - 16 ft. x 67 ft. lot with three apartment units each with 2 bedrooms, 2 full baths, laundry room, central air, gas heat, and separate utilities. The first floor apartment has a finished basement and access to the backyard. Adjacent to 726 S. 8th Street is another investment property for sale (728 S. 8th Street) with 2 units, one with 3 bedrooms / 1.5 baths and basement and the other unit with 2 bedrooms, 1 bath with rooftop deck. Seller is offering both properties for sale and prefers to sell both properties together. As an investment, having 5 units available with easy roof access is an ideal situation. Schedule your appointment today to tour these properties to see what a great investment opportunity awaits you.

Last Agent to Sell the Property

Marge Boccuti

(610) 551-4996 movewithmarge@gmail.com Coldwell Banker Hearthside License #RS335296 Listed on: 12/12/2020

Coldwell Banker Hearthside

Last Buyer's Agent

Benjamin Pabst

(267) 428-6393 benjaminpabst22@gmail.com Iron Valley Real Estate Lower Gwynedd License #RS320711

Iron Valley Real Estate Lower Gwynedd

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,018

Year Built

  • Built in 1920

Lot Details

  • 1,088 Sq Ft Lot
  • Lot Dimensions are 16.00 x 68.00

Parking

  • On-Street Parking

Home Design

  • 2,982 Sq Ft Home
  • Triplex
  • Straight Thru Architecture
  • Brick Exterior Construction
  • Masonry

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Basement

Community Details

  • No Home Owners Association
  • 3 Units
  • Bella Vista Subdivision

Listing and Financial Details

  • Tax Lot 142
  • Assessor Parcel Number 023233200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,018

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2020-12-12
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 726 S. 8th Street in Bella Vista. Great location across from Cianfrani Park. This 3 story Triplex is a large property - 16 ft. x 67 ft. lot with three apartment units each with 2 bedrooms, 2 full baths, laundry room, central air, gas heat, and separate utilities. The first floor apartment has a finished basement and access to the backyard. Adjacent to 726 S. 8th Street is another investment property for sale (728 S. 8th Street) with 2 units, one with 3 bedrooms / 1.5 baths and basement and the other unit with 2 bedrooms, 1 bath with rooftop deck. Seller is offering both properties for sale and prefers to sell both properties together. As an investment, having 5 units available with easy roof access is an ideal situation. Schedule your appointment today to tour these properties to see what a great investment opportunity awaits you.
  • Special Features: None

Interior Features

  • Basement: Yes
  • Total Sq Ft: 2982
  • Living Area Sq Ft: 2982
  • Price Per Sq Ft: 234.74
  • Above Grade Finished Sq Ft: 2982
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 726

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry, Brick
  • 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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 501012.00
  • Land Assessed Value: 214688.00
  • Land Use Code: U50
  • Lot Size Acres: 0.02
  • Lot Dimensions: 16.00 x 68.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1088.00
  • Year Assessed: 2020
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 889847
  • School Tax: 5497.00
  • Tax Annual Amount: 10018.00
  • Assessor Parcel Number: 023233200
  • Tax Lot: 142
  • Tax Total Finished Sq Ft: 2982
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 04/01/2021

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2020
Closed on
Mar 30, 2021
Sold by
Boccuti Joseph A and Estate Of Ersilla Boccuti
Bought by
Excalibur South 8 Llc
Seller's Agent
Marge Boccuti
Coldwell Banker Hearthside
Buyer's Agent
Benjamin Pabst
Iron Valley Real Estate Lower Gwynedd
List Price
$700,000
Sold Price
$725,000
Premium/Discount to List
$25,000
3.57%
Current Estimated Value
$787,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,959
Avg. Annual Appreciation
1.88%
Original Mortgage
$580,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 1984
Bought by
Boccuti Michele and Boccuti Ersilia
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
Excalibur South 8 Llc $725,000 Drew-Wolas Danielle
Boccuti Michele $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Excalibur South 8 Llc $580,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2021 04/01/21 Sold $725,000 +3.6% $243 / Sq Ft
02/16/2021 02/16/21 For Sale $700,000 0.0% $235 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
12/12/2020 12/12/20 For Sale $700,000 -- $235 / 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 $9,202 $740,500 $148,100 $592,400
2024 $9,202 $740,500 $148,100 $592,400
2023 $9,202 $657,400 $131,400 $526,000
2022 $9,202 $657,400 $131,400 $526,000
2021 $10,018 $0 $0 $0
2020 $10,018 $715,700 $214,688 $501,012
2019 $9,244 $0 $0 $0
2018 $4,152 $0 $0 $0
2017 $4,152 $0 $0 $0
2016 $4,152 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $296,600 $51,370 $245,230
2012 -- $36,480 $9,046 $27,434
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH970594

Bright MLS

APN: 023233200