NOT LISTED FOR SALE

Estimated Value: $291,000 - $380,620

-- Bed
-- Bath
3,103 Sq Ft
$108/Sq Ft Est. Value

Last Sold March 08, 2024

Last sale price $255,500 $82 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,035/month

38 Days on Market

About This Home

As of March 2024

This newly listed 4-unit multifamily property is a diamond in the rough, awaiting an investor with a vision to complete the project and reap the rewards. This property features 4 units in total, offering a mix of two-bedroom and one-bedroom units. Specifically, there are 3 spacious two-bedroom units, perfect for families or professionals seeking a comfortable living space. There are 2 are bi-level units providing unique living spaces that add character and appeal to the property. These bi-level units offer a distinct layout and lifestyle that can attract a variety of tenants. The property is currently framed out in a shell condition, offering a blank canvas for customization and finishing. This presents an incredible opportunity for investors to design and tailor each unit to their liking, ensuring maximum rental appeal. Whether you're an experienced investor or someone looking to enter the real estate market, this property offers a unique chance to create a profitable multifamily asset. Seize this opportunity to turn this shell condition property into a lucrative investment. Contact us today to schedule a viewing and explore the possibilities of this 4-unit multifamily gem in Overbrook! There is also off street parking for tenants in the rear of the property.

Last Agent to Sell the Property

Tonya Brown

HomeSmart Nexus Realty Group - Blue Bell License #312437 Listed on: 01/25/2024

HomeSmart Nexus Realty Group - Blue Bell

Co-Listed By

David Brown

HomeSmart Nexus Realty Group - Blue Bell License #RS280067

Last Buyer's Agent

David Brown

HomeSmart Nexus Realty Group - Blue Bell License #RS280067

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,081

Year Built

  • Built in 1925

Lot Details

  • 6,150 Sq Ft Lot
  • Lot Dimensions are 41.00 x 150.00

Home Design

  • 3,103 Sq Ft Home
  • Quadruplex
  • Traditional Architecture
  • Stone Foundation
  • Masonry

Parking

  • Driveway
  • On-Street Parking

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 344197600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,081

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Remarks Public: This newly listed 4-unit multifamily property is a diamond in the rough, awaiting an investor with a vision to complete the project and reap the rewards. This property features 4 units in total, offering a mix of two-bedroom and one-bedroom units. Specifically, there are 3 spacious two-bedroom units, perfect for families or professionals seeking a comfortable living space. There are 2 are bi-level units providing unique living spaces that add character and appeal to the property. These bi-level units offer a distinct layout and lifestyle that can attract a variety of tenants. The property is currently framed out in a shell condition, offering a blank canvas for customization and finishing. This presents an incredible opportunity for investors to design and tailor each unit to their liking, ensuring maximum rental appeal. Whether you're an experienced investor or someone looking to enter the real estate market, this property offers a unique chance to create a profitable multifamily asset. Seize this opportunity to turn this shell condition property into a lucrative investment. Contact us today to schedule a viewing and explore the possibilities of this 4-unit multifamily gem in Overbrook! There is also off street parking for tenants in the rear of the property.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Total Sq Ft: 3103
  • Living Area Sq Ft: 3103
  • Price Per Sq Ft: 90.24
  • Above Grade Finished Sq Ft: 3103
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 832

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: H51
  • Lot Size Acres: 0.14
  • Lot Dimensions: 41.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6150.00
  • Year Assessed: 2023
  • Zoning: RSA3

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2239.00
  • Tax Annual Amount: 4081.00
  • Assessor Parcel Number: 344197600
  • Tax Lot: 23
  • Tax Total Finished Sq Ft: 3103
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 03/08/2024

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2024
Closed on
Mar 7, 2024
Sold by
S & K Holdings I Llc
Bought by
Conial Investments Inc
Seller's Agent
Tonya Brown
HomeSmart Nexus Realty Group - Blue Bell
Buyer's Agent
David Brown
HomeSmart Nexus Realty Group - Blue Bell
List Price
$280,000
Sold Price
$255,500
Premium/Discount to List
-$24,500
-8.75%
Views
28
Current Estimated Value
$309,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,185
Avg. Annual Appreciation
20.90%

Purchase Details

Listed on
Feb 20, 2019
Closed on
May 30, 2019
Sold by
Poolside Ventures Inc
Bought by
Hill Properties And Land Development Lp
Seller's Agent
Tobias Biddle
Quality Real Estate-Broad St
Buyer's Agent
Hill Properties
Elite Level Realty
List Price
$174,900
Sold Price
$162,500
Premium/Discount to List
-$12,400
-7.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.93%
Original Mortgage
$134,875
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 2017
Sold by
Ombers S Richard and City Of Philadelphia
Bought by
Poolisde Venutes Inc

Purchase Details

Closed on
Jan 9, 2003
Sold by
Ombres Patricia L and Estate Of James Peter Bonelli
Bought by
Ombres S Richard
Source: Public Records

Range of Values:

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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
Conial Investments Inc $255,500 None Listed On Document
Hill Properties And Land Development Lp $162,500 Knights Abstract Inc
Poolisde Venutes Inc $60,000 Land Title Building
Ombres S Richard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hill Properties And Land Development Lp $134,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2024 03/08/24 Sold $255,500 -8.8% $82 / Sq Ft
03/03/2024 03/03/24 Pending -- -- --
03/01/2024 03/01/24 Price Changed $280,000 0.0% $90 / Sq Ft
03/01/2024 03/01/24 For Sale $280,000 0.0% $90 / Sq Ft
01/28/2024 01/28/24 Pending -- -- --
01/25/2024 01/25/24 For Sale $280,000 +19.1% $90 / Sq Ft
05/25/2023 05/25/23 Sold $235,000 0.0% $76 / Sq Ft
04/12/2023 04/12/23 For Sale $235,000 +44.6% $76 / Sq Ft
03/27/2023 03/27/23 Pending -- -- --
05/31/2019 05/31/19 Sold $162,500 -7.1% $52 / Sq Ft
05/09/2019 05/09/19 Pending -- -- --
03/13/2019 03/13/19 For Sale $174,900 0.0% $56 / Sq Ft
02/21/2019 02/21/19 Pending -- -- --
02/20/2019 02/20/19 For Sale $174,900 -- $56 / 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 $4,082 $339,000 $67,800 $271,200
2024 $4,082 $339,000 $67,800 $271,200
2023 $4,082 $291,600 $58,320 $233,280
2022 $2,753 $291,600 $58,320 $233,280
2021 $2,753 $0 $0 $0
2020 $2,753 $0 $0 $0
2019 $2,655 $0 $0 $0
2018 $1,946 $0 $0 $0
2017 $1,946 $0 $0 $0
2016 $1,946 $0 $0 $0
2015 $1,863 $0 $0 $0
2014 -- $139,000 $38,130 $100,870
2012 -- $13,664 $6,739 $6,925
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2315698

Bright MLS

APN: 344197600