NOT LISTED FOR SALE

Estimated Value: $377,187

0.58 Acre
$650,322 Price per Acre
25,265 Sq Ft Lot

Last Sold December 29, 2022

Last sale price $300,000

Est. 26% increase in value since last sale

Current estimated payment $2,227/month

63 Days on Market

Highlights

  • City View
  • 0.58 Acre Lot
  • 4-minute walk to Market Square Park
  • Oak Street Elementary School Rated A
  • No HOA

About This Lot

As of December 2022

Unique Opportunity to own Vacant Land in the Heart of Historic Germantown. Just a few blocks away from the R-7 Commuter Line (Chestnut Hill to Center City and Beyond), also a few blocks away from the busy Germantown & Chelten Commercial Business District and it’s multiple Bus Routes.
Zoning is CA1, some of the uses allowed for are Food, Beverage, and Groceries- Office Use (Business and Professional, Medical, Dental, Health Practitioner, Government), Building Supplies and Equipment, Child Care Center, Prepared Food Shop, Sit Down Restaurant -See City of Philadelphia Zoning Code on their website @phila.gov for more details and categories.

Last Agent to Sell the Property

Marc Scott

(215) 843-1009 onthemarc1@gmail.com Messa Real Estate & Insurance License #RS279465 Listed on: 09/27/2022

Co-Listed By

Virginia Messa

(215) 880-5588 virginiam@messarealty.com Messa Real Estate & Insurance License #RB020820A

Last Buyer's Agent

Virginia Messa

(215) 880-5588 virginiam@messarealty.com Messa Real Estate & Insurance License #RB020820A

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,817

Lot Details

  • 0.58 Acre Lot
  • Lot Dimensions are 206.00 x 122.00
  • Chain Link Fence
  • Property is zoned CA1

Property Views

  • City Views

Utilities

  • No Septic System
  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Germantown Subdivision

Listing and Financial Details

  • Tax Lot 267
  • Assessor Parcel Number 885123720

Property Details

Property Type

Land

Est. Annual Taxes

$2,817

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Industrial, Sand/Gravel/Dirt
  • Federal Flood Zone: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 19.87

Exterior Features

  • Construction Completed: No
  • View: City, Street
  • 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: No Septic System, No Sewer System
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Chain Link
  • Lot Size Acres: 0.58
  • Lot Dimensions: 206.00 x 122.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 25160.00
  • Zoning: CA1
  • Farmland Preservation: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 947870
  • School Tax: 1546.00
  • Tax Annual Amount: 2817.00
  • Assessor Parcel Number: 885123720
  • Tax Lot: 267
  • Tax Data Updated: Yes
  • Tax Year: 2023

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2022
Closed on
Dec 29, 2022
Sold by
A & A Managing Partners
Bought by
Iag Properties Llc
Seller's Agent
Marc Scott
Messa Real Estate & Insurance
Buyer's Agent
Virginia Messa
Messa Real Estate & Insurance
List Price
$500,000
Sold Price
$300,000
Premium/Discount to List
-$200,000
-40%
Views
4
Current Estimated Value
$377,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,187
Avg. Annual Appreciation
8.22%

Purchase Details

Closed on
Mar 6, 1998
Sold by
Key Trust Company
Bought by
A & A Managing Partners
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Iag Properties Llc $300,000 --
A & A Managing Partners $25,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2022 12/29/22 Sold $300,000 -40.0% --
09/27/2022 09/27/22 For Sale $500,000 -- --
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
2026 $2,818 $226,400 $226,400 --
2025 $2,818 $226,400 $226,400 --
2024 $2,818 $226,400 $226,400 --
2023 $2,818 $201,300 $201,300 $0
2022 $2,818 $201,300 $201,300 $0
2021 $1,811 $0 $0 $0
2020 $1,811 $0 $0 $0
2019 $1,811 $0 $0 $0
2018 $725 $0 $0 $0
2017 $2,056 $0 $0 $0
2016 $2,056 $0 $0 $0
2015 $14,354 $0 $0 $0
2014 -- $146,900 $146,900 $0
2012 -- $24,000 $24,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2164050

Bright MLS

APN: 885123720