NOT LISTED FOR SALE

Estimated Value: $950,366 - $1,070,000

-- Bed
4 Baths
3,216 Sq Ft
$314/Sq Ft Est. Value

Last Sold April 13, 2017

Last sale price $800,000 $249 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $6,476/month

78 Days on Market

Highlights

  • No HOA
  • Central Air
  • Heating Available
  • En-Suite Primary Bedroom
  • Laundry Facilities
  • 2-minute walk to East Poplar Recreation Center

About This Home

As of April 2017

Better than new construction, this freshly renovated 4-unit apartment house sits on one of the quietest blocks in the city. While being only a few steps away from everything in Northern Liberties including new construction, commercial business and public transportation, 821 N Franklin proves to be a great, minimal maintenance opportunity for both owner-occupant and investor with easy street parking and approved tax abatement. Electric utilities and systems, including central air, are all separate. The building boasts its original curved staircase and provides a private yard in the rear of the home. Laundry and storage units to be installed in basement. This street provides impressively easy parking while being central to everything one could need or want. Purchase includes HVAC, plumbing, electric, and roof warranties.

Last Agent to Sell the Property

Johnny McDonald

Keller Williams Main Line License #RS284363 Listed on: 12/13/2016

Keller Williams Main Line

Co-Listed By

Hilary Lefkowitz-Karaman

Compass RE

Last Buyer's Agent

Thomas Sadler

Ovation Realty LLC License #RS320441

Ovation Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,151

Lot Details

  • 1,836 Sq Ft Lot
  • Lot Dimensions are 18x102
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 3,216 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 72
  • Assessor Parcel Number 141060800

Community Details

Overview

  • No Home Owners Association
  • Northern Liberties Subdivision

Additional Features

  • Laundry Facilities
  • Operating Expense $3,151

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,151

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement
  • Remarks Public: Better than new construction, this freshly renovated 4-unit apartment house sits on one of the quietest blocks in the city. While being only a few steps away from everything in Northern Liberties including new construction, commercial business and public transportation, 821 N Franklin proves to be a great, minimal maintenance opportunity for both owner-occupant and investor with easy street parking and approved tax abatement. Electric utilities and systems, including central air, are all separate. The building boasts its original curved staircase and provides a private yard in the rear of the home. Laundry and storage units to be installed in basement. This street provides impressively easy parking while being central to everything one could need or want. Purchase includes HVAC, plumbing, electric, and roof warranties.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Common
  • Total Sq Ft: 3216
  • Living Area Sq Ft: 3216
  • Price Per Sq Ft: 258.05
  • Above Grade Finished Sq Ft: 3216
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 821

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • 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
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • 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

  • Improvement Assessed Value: 165899.00
  • Land Assessed Value: 59201.00
  • Land Use Code: W50
  • Lot Size Acres: 0.04
  • Lot Dimensions: 18X102
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1836.00
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 70800.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Assessor Parcel Number: 961109
  • Tax Annual Amount: 3151.00
  • Assessor Parcel Number: 141060800
  • Tax Lot: 72
  • Tax Year: 2016
  • Close Date: 04/13/2017

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2016
Closed on
Apr 12, 2017
Sold by
Modern Real Estate Llc
Bought by
Zion Shelley
Seller's Agent
Johnny McDonald
Keller Williams Main Line
Buyer's Agent
Thomas Sadler
Ovation Realty LLC
List Price
$849,900
Sold Price
$800,000
Premium/Discount to List
-$49,900
-5.87%
Current Estimated Value
$1,010,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,183
Avg. Annual Appreciation
5.33%
Original Mortgage
$742,571
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 21, 2015
Sold by
Wochok Taras M and Estate Of Stephanie Wochok
Bought by
Modern Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
3.94%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 27, 2001
Sold by
Demianyk Anna
Bought by
Demianyk Anna and Wochok Stephanie
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
Zion Shelley $800,000 None Available
Modern Real Estate Llc $280,000 None Available
Demianyk Anna -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zion Shelley $727,500
Closed Zion Shelley $742,571
Previous Owner Modern Real Estate Llc $435,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2017 04/13/17 Sold $800,000 -3.6% $249 / Sq Ft
04/03/2017 04/03/17 Price Changed $829,900 -2.4% $258 / Sq Ft
03/24/2017 03/24/17 For Sale $849,900 -5.6% $264 / Sq Ft
03/01/2017 03/01/17 Pending -- -- --
12/13/2016 12/13/16 For Sale $899,900 -- $280 / 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 $12,171 $870,000 $174,000 $696,000
2024 $12,171 $870,000 $174,000 $696,000
2023 $12,171 $869,500 $173,900 $695,600
2022 $12,180 $869,500 $173,900 $695,600
2021 $12,180 $0 $0 $0
2020 $12,180 $0 $0 $0
2019 $11,786 $0 $0 $0
2018 $2,989 $0 $0 $0
2017 $3,151 $0 $0 $0
2016 $3,151 $0 $0 $0
2015 $3,016 $0 $0 $0
2014 -- $225,100 $85,576 $139,524
2012 -- $12,576 $2,766 $9,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003639487

Bright MLS

APN: 141060800