NOT LISTED FOR SALE

Estimated Value: $813,177 - $947,000

-- Bed
3 Baths
3,072 Sq Ft
$294/Sq Ft Est. Value

Last Sold February 28, 2013

Last sale price $485,000 $158 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $5,641/month

63 Days on Market

Highlights

  • Wood Flooring
  • En-Suite Primary Bedroom
  • Ceiling Fan
  • No HOA
  • Forced Air Heating and Cooling System
  • 1-minute walk to Weccacoe Playground

About This Home

As of February 2013

Incredible cash flow opportunity. Fully rented 3-unit building located on an incredible block of Queen Village. Fabric row is known for fantastic boutique shopping, Essene the organic grocery store, yoga studios, bike shops, cafes, architecture offices, and of course fabric stores. This exemplary property displays pride of ownership at its finest. It has been extremely well maintained by a long time owner. All of the units are recently renovated with central air. Each is self-contained and the electric has been completely updated throughout. The 1st floor unit is under rented by a responsible tenant. It spacious, open & features high ceilings laundry & a patio that exits out to the tennis courts on Leithgow St. The 2nd floor has a very spacious living room, newer kitchen and bath, laundry & 2 BRs. The 3r d floor is bright and quaint with a large living area, and 1 sunny bedroom. This is the best investment opportunity available in the current market. The basement is accessible from the street

Last Agent to Sell the Property

Jeanne Whipple

Elfant Wissahickon Realtors License #RS275042 Listed on: 11/01/2012

Co-Listed By

Kristin McFeely

Compass RE License #RS288562

Last Buyer's Agent

Vasili Barbounis

KW Empower

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,203

Year Built

  • Built in 1932

Lot Details

  • 1,530 Sq Ft Lot
  • Lot Dimensions are 18x85
  • East Facing Home
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • En-Suite Primary Bedroom
  • 3,072 Sq Ft Home
  • Ceiling Fan
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Schools

  • William M. Meredith Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 022147900

Community Details

Overview

  • No Home Owners Association
  • Queen Village Subdivision

Building Details

  • Insurance Expense $1,200
  • Other Expense $100
  • Operating Expense $4,103

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,203

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 100.00
  • Storage: Basement
  • Year Built: 1932
  • Remarks Public: Incredible cash flow opportunity. Fully rented 3-unit building located on an incredible block of Queen Village. Fabric row is known for fantastic boutique shopping, Essene the organic grocery store, yoga studios, bike shops, cafes, architecture offices, and of course fabric stores. This exemplary property displays pride of ownership at its finest. It has been extremely well maintained by a long time owner. All of the units are recently renovated with central air. Each is self-contained and the electric has been completely updated throughout. The 1st floor unit is under rented by a responsible tenant. It spacious, open & features high ceilings laundry & a patio that exits out to the tennis courts on Leithgow St. The 2nd floor has a very spacious living room, newer kitchen and bath, laundry & 2 BRs. The 3r d floor is bright and quaint with a large living area, and 1 sunny bedroom. This is the best investment opportunity available in the current market. The basement is accessible from the street
  • Special Features: None

Interior Features

  • Flooring Type: Wood
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Washer In Unit, Dryer In Unit, Has Laundry
  • Total Sq Ft: 3072
  • Living Area Sq Ft: 3072
  • Price Per Sq Ft: 157.88
  • Above Grade Finished Sq Ft: 3072
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 808

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco, 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
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 600.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • Elementary School: WILLIAM M. MEREDITH SCHOOL
  • School District Key: 300200397108
  • Elementary School: WILLIAM M. MEREDITH SCHOOL

Lot Info

  • Improvement Assessed Value: 15173.00
  • Land Assessed Value: 8187.00
  • Land Use Code: S50
  • Lot Size Acres: 0.04
  • Lot Dimensions: 18X85
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1530.00
  • Property Condition: Good
  • Zoning: C2

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 39600.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 887450
  • Tax Annual Amount: 2203.00
  • Assessor Parcel Number: 022147900
  • Tax Lot: 1
  • Tax Year: 2012
  • Close Date: 02/28/2013

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2021
Sold by
Tran Anh T
Bought by
Elstone Sean and Elstone Dorothy
Current Estimated Value
$902,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 1, 2012
Closed on
Feb 21, 2013
Sold by
Orlando Joseph and Orlando Marlene
Bought by
Tran Anh T
Seller's Agent
Jeanne Whipple
Elfant Wissahickon Realtors
Buyer's Agent
Vasili Barbounis
KW Empower
List Price
$485,000
Sold Price
$485,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.06%
Original Mortgage
$476,215
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 7, 2003
Sold by
Southwark Housing Development Corp
Bought by
Orlando Joseph and Orlando Marlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.52%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 23, 1994
Sold by
Smith Courtney C and Weis Henry W
Bought by
Southmark Housing Develoment Corp
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
Elstone Sean $750,000 World Wide Land Transfer
Tran Anh T $485,000 None Available
Orlando Joseph $180,000 --
Southmark Housing Develoment Corp $29,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elstone Sean $562,500
Previous Owner Tran Anh T $476,215
Previous Owner Orlando Joseph $260,000
Previous Owner Orlando Joseph $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2013 02/28/13 Sold $485,000 0.0% $158 / Sq Ft
01/03/2013 01/03/13 Pending -- -- --
11/01/2012 11/01/12 For Sale $485,000 -- $158 / 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 $8,711 $894,599 $178,920 $715,679
2024 $8,711 $894,599 $178,920 $715,679
2023 $8,711 $622,299 $186,600 $435,699
2022 $8,521 $608,700 $186,600 $422,100
2021 $8,711 $0 $0 $0
2020 $8,711 $0 $0 $0
2019 $8,038 $0 $0 $0
2018 $6,282 $0 $0 $0
2017 $6,282 $0 $0 $0
2016 $6,140 $0 $0 $0
2015 $5,877 $0 $0 $0
2014 -- $448,800 $42,319 $406,481
2012 -- $23,360 $8,187 $15,173
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004149930

Bright MLS

APN: 022147900