NOT LISTED FOR SALE

Estimated Value: $706,516 - $891,000

-- Bed
-- Bath
2,290 Sq Ft
$348/Sq Ft Est. Value

Last Sold August 31, 2015

Last sale price $555,123 $242 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,150/month

23 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • 1-minute walk to Palumbo Park
  • En-Suite Primary Bedroom
  • Laundry Facilities

About This Home

As of August 2015

Fully-occupied triplex in prime Bella Vista location with separate utilities and (3) private outdoor spaces. Unique opportunity for investor looking for strong cash flow and stable tenant pool or owner-occupant that wants to supplement income. First floor is a 1 bed, 1 bath unit with private street entrance or common hall entrance. It has hardwood floors, recessed lighting, fireplace and charming French doors that lead to a private patio. Unit 2 is a large 1 bed plus den or 2-bed unit with 1 bath. It has hardwood floors, nice closet space, built-in book shelf and kitchen with island and wine rack. The den, which leads to the large rear patio, could also be used as a 2nd bedroom. Unit 3 has an open floor plan and is currently used as a studio but it's large enough to be reconfigured as a 1-bedroom. The bathroom with subway tile is extra-large and this unit also has original pine floors and its own private deck with tons of light. Basement with common access is large and clean with extra storage, mechanicals and common W/D. Gas and electric are separately metered. 2nd and 3rd floor units have central air with air handlers in the respective units. 1st floor unit has boiler in basement with baseboard heat. It does not have central air. Leases and rent roll available upon request. Fantastic opportunity in A+ Bella Vista location. Building is in great shape with strong rent-ability and rental history. 24-hour notice please, don't miss out, schedule your showing today!

Last Agent to Sell the Property

Bryan Capone

KW Empower Listed on: 06/24/2015

KW Empower

Last Buyer's Agent

Michael McCann

KW Empower License #AB049770L

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,039

Year Built

  • Built in 1915

Lot Details

  • 893 Sq Ft Lot
  • Lot Dimensions are 19x47

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Stone Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,290 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

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

Listing and Financial Details

  • Tax Lot 532
  • Assessor Parcel Number 022222500

Community Details

Overview

  • No Home Owners Association
  • Bella Vista Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Electric Expense $250
  • Insurance Expense $1,700
  • Other Expense $600
  • Operating Expense $7,789

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,039

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Exclusions: Tenants' Personal Property
  • New Construction: No
  • Other Expense: 600.00
  • Year Built: 1915
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Common
  • Total Sq Ft: 2290
  • Living Area Sq Ft: 2290
  • Price Per Sq Ft: 240.13
  • Above Grade Finished Sq Ft: 2290
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 806-8

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stone
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Expense: 250.00
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1200.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Land Use Code: U50
  • Lot Size Acres: 0.02
  • Lot Dimensions: 19X47
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 893.00
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 43200.00
  • Other Units: Unit 1,Unit 2,Unit 3
  • Single Room Units Count: 1

Tax Info

  • Tax Annual Amount: 4039.00
  • Assessor Parcel Number: 022222500
  • Tax Lot: 532
  • Tax Year: 2015
  • Close Date: 08/31/2015

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2015
Closed on
Jul 28, 2015
Sold by
Mcveigh Maureen
Bought by
Korochik Leonid and Korochik Regina
Seller's Agent
Bryan Capone
KW Empower
Buyer's Agent
Michael McCann
KW Empower
List Price
$549,900
Sold Price
$555,123
Premium/Discount to List
$5,223
0.95%
Current Estimated Value
$796,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,049
Avg. Annual Appreciation
2.95%
Original Mortgage
$416,250
Outstanding Balance
$331,593
Interest Rate
4.01%
Mortgage Type
Commercial
Estimated Equity
$410,555

Purchase Details

Closed on
Oct 16, 2006
Sold by
Donnini Jill C and Donnini Joy A
Bought by
Mcveigh Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,800
Interest Rate
7.62%
Mortgage Type
Commercial

Purchase Details

Closed on
May 9, 2006
Sold by
Donnini Joyce L
Bought by
Donnini Jill C and Donnini Joy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
9.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 1, 2004
Sold by
Donnini Joyce L
Bought by
Donnini Joyce L

Purchase Details

Closed on
Dec 2, 2002
Sold by
Gomelsky Alan and Gomelsky Mela
Bought by
Donnini Louis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
6.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 27, 1998
Sold by
Rosenfeld Samuel M and Rosenfeld Sacha
Bought by
Gomelsky Alan and Gomelsky Mela

Purchase Details

Closed on
Jul 7, 1994
Sold by
Rosenfeld Sacha and Crane Sacha
Bought by
Rosenfeld Samuel M and Rosenfeld Sacha
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Korochik Leonid $555,123 First American Title Insuran
Mcveigh Maureen $463,500 Commonwealth Land Title Insu
Donnini Jill C -- None Available
Donnini Joyce L -- --
Donnini Louis A $326,000 --
Gomelsky Alan $140,000 --
Rosenfeld Samuel M -- Industrial Valley Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Korochik Leonid $416,250
Previous Owner Mcveigh Maureen $370,800
Previous Owner Mcveigh Maureen $69,525
Previous Owner Donnini Jill C $200,000
Previous Owner Donnini Jill C $125,000
Previous Owner Donnini Louis A $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2015 08/31/15 Sold $555,123 +0.9% $242 / Sq Ft
07/17/2015 07/17/15 Pending -- -- --
06/24/2015 06/24/15 For Sale $549,900 -- $240 / 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 $9,843 $830,700 $166,140 $664,560
2024 $9,843 $830,700 $166,140 $664,560
2023 $9,843 $703,200 $210,900 $492,300
2022 $9,843 $703,200 $210,900 $492,300
2021 $9,843 $0 $0 $0
2020 $9,843 $0 $0 $0
2019 $9,083 $0 $0 $0
2018 $4,219 $0 $0 $0
2017 $4,219 $0 $0 $0
2016 $4,219 $0 $0 $0
2015 $3,902 $0 $0 $0
2014 -- $301,400 $20,501 $280,899
2012 -- $19,040 $3,866 $15,174
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002642000

Bright MLS

APN: 022222500