NOT LISTED FOR SALE

Estimated Value: $240,738

-- Bed
2 Baths
1,728 Sq Ft
$139/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $292,500 $169 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $1,573/month

Highlights

  • Wood Flooring
  • En-Suite Primary Bedroom
  • Laundry Facilities
  • No HOA
  • Forced Air Heating System

About This Home

As of September 2018

Multi-Unit Building in good condition in red hot Lower Moyamensing! This is a legal 3 unit building (2 legal residential units & 1 commercial unit being used as an apartment). Great income throughout with room to increase rents. Building grosses $35,100 per year! If you are looking for a turn-key cash flowing investment, this is it! Downstairs are two 1 Bedroom, 1 Bathroom units and upstairs is a 2 Bedroom, 1 Bathroom unit. All units boast hardwood floors, modern kitchens and modern bathrooms! Schedule your showing today!

Last Agent to Sell the Property

Michael Scipione

(215) 768-7533 mscipione@cbpref.com Coldwell Banker Realty Listed on: 06/21/2018

Coldwell Banker Realty

Last Buyer's Agent

Michael McCann

mccann@mccannteam.com KW Empower License #AB049770L

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,590

Year Built

  • Built in 1925

Lot Details

  • 986 Sq Ft Lot
  • Lot Dimensions are 16x50
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Converted Dwelling
  • Flat Roof Shape
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,728 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick
  • Vinyl

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Radiator
  • Heating System Uses Gas
  • 200+ Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 871556610

Community Details

Overview

  • No Home Owners Association
  • Lower Moyamensing Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Insurance Expense $2,250
  • Maintenance Expense $1,250
  • Operating Expense $6,890

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,590

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Vinyl, Tile/Brick
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Common, Has Laundry
  • Total Sq Ft: 1728
  • Living Area Sq Ft: 1728
  • Price Per Sq Ft: 182.29
  • Above Grade Finished Sq Ft: 1728
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Brick
  • Roof: Flat
  • 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: No
  • Cooling Type: Wall Unit
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 800.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 148000.00
  • Land Assessed Value: 37000.00
  • Lot Size Acres: 0.02
  • Lot Dimensions: 16X50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 986.00
  • Property Condition: Good
  • Zoning: CMX1

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 35100.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 1146513
  • Tax Annual Amount: 2590.00
  • Assessor Parcel Number: 871556610
  • Tax Lot: 20
  • Tax Year: 2018

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2021
Sold by
Chen Michael
Bought by
Deng Cui Zhen
Current Estimated Value
$240,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 21, 2018
Closed on
Sep 11, 2018
Sold by
Baldino Frank and Baldino Jamie
Bought by
Chen Michael
Seller's Agent
Michael Scipione
Coldwell Banker Realty
Buyer's Agent
Michael McCann
KW Empower
List Price
$350,000
Sold Price
$292,500
Premium/Discount to List
-$57,500
-16.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.71%
Original Mortgage
$234,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 25, 2016
Closed on
Mar 14, 2016
Sold by
Tuono Andrew
Bought by
Baldino Frank and Baldino Jamie
Seller's Agent
Leon Defulgentis
Keller Williams Philadelphia
Buyer's Agent
Michael Giuda
EXP Realty, LLC
List Price
$219,900
Sold Price
$175,000
Premium/Discount to List
-$44,900
-20.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.41%
Original Mortgage
$122,500
Interest Rate
3.72%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 19, 2009
Sold by
Reyes Richard
Bought by
Tuono Andrew

Purchase Details

Closed on
Dec 23, 1998
Sold by
Digiovanni Carmen and Digiovanni Julia
Bought by
Pavoni Louis

Purchase Details

Closed on
May 12, 1995
Sold by
Digiovanni Fred and Digiovanni Liboria
Bought by
Digiovanni Carmen and Digiovanni Julia
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
Deng Cui Zhen $220,000 Alpha Abstract Group Llc
Chen Michael $292,500 None Available
Baldino Frank $175,000 None Available
Tuono Andrew $90,000 None Available
Pavoni Louis $49,000 --
Digiovanni Carmen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deng Cui Zhen $132,000
Previous Owner Chen Michael $234,000
Previous Owner Baldino Frank $122,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/28/2018 09/28/18 Sold $292,500 -7.1% $169 / Sq Ft
08/03/2018 08/03/18 Pending -- -- --
07/27/2018 07/27/18 Price Changed $315,000 -6.0% $182 / Sq Ft
07/11/2018 07/11/18 Price Changed $335,000 -4.3% $194 / Sq Ft
06/21/2018 06/21/18 For Sale $350,000 +100.0% $203 / Sq Ft
03/15/2016 03/15/16 Sold $175,000 -20.4% $122 / Sq Ft View Prior Sale
01/27/2016 01/27/16 Pending -- -- --
01/25/2016 01/25/16 For Sale $219,900 -- $153 / 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 $3,761 $249,800 $49,960 $199,840
2024 $3,761 $249,800 $49,960 $199,840
2023 $3,761 $268,700 $53,740 $214,960
2022 $2,693 $268,700 $53,740 $214,960
2021 $2,693 $0 $0 $0
2020 $2,693 $192,400 $38,480 $153,920
2019 $2,667 $0 $0 $0
2018 $2,590 $0 $0 $0
2017 $3,218 $0 $0 $0
2016 $3,218 $0 $0 $0
2015 $3,081 $0 $0 $0
2014 -- $229,900 $12,858 $217,042
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001914726

Bright MLS

APN: 871556610