NOT LISTED FOR SALE

Estimated Value: $952,000 - $1,338,150

-- Bed
6 Baths
4,074 Sq Ft
$281/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $1,165,000 $286 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $6,263/month

Highlights

  • Wood Flooring
  • 4-minute walk to Girard (Bss)
  • Forced Air Heating and Cooling System
  • On-Site Parking for Sale

About This Home

As of October 2021

Prime new construction investment opportunity located in the heart of the Fairmount/Francisville area in Philadelphia and surrounded by new construction. This triplex offers one 3 bed | 2 bath unit with multiple outdoor spaces and currently being rented for $2,975/month. It also has two 2 bed | 2 bath units. The upper level 2 bed | 2 bath is currently listed for rent for $1,925. The lower level 2 bed | 2 bath is leased at $1,700/month and is on a two yr lease. The building comes with a 8.5 years tax abatement. Both sides of the block are new construction up and down the block. This area has a high demand for rentals and young professionals are flocking to this area. Its a commuters paradise as the train and bus stops are a short walk from this location. Its walking distance to all Fairmount has to offer from the restaurants, coffee shops, various retail and parks. Inquire for additional info and any questions you may have.

Last Agent to Sell the Property

Abby Trimborn

(215) 499-0887 abby.trimborn@longandfoster.com Long & Foster Real Estate, Inc. Listed on: 09/16/2021

Long & Foster Real Estate, Inc.

Co-Listed By

Bob Kiziroglou

(267) 353-4123 bobk@lnf.com Long & Foster Real Estate, Inc. License #RS337549

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $760

Year Built

  • Built in 2018

Lot Details

  • 1,328 Sq Ft Lot
  • Sprinkler System

Home Design

  • Triplex
  • Brick Exterior Construction
  • Metal Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Wood Flooring

Parking

  • On-Site Parking for Sale
  • On-Street Parking

Utilities

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

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 151015200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$760

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 2018
  • Automatically Close On Close Date: No
  • Remarks Public: Prime new construction investment opportunity located in the heart of the Fairmount/Francisville area in Philadelphia and surrounded by new construction. This triplex offers one 3 bed | 2 bath unit with multiple outdoor spaces and currently being rented for $2,975/month. It also has two 2 bed | 2 bath units. The upper level 2 bed | 2 bath is currently listed for rent for $1,925. The lower level 2 bed | 2 bath is leased at $1,700/month and is on a two yr lease. The building comes with a 8.5 years tax abatement. Both sides of the block are new construction up and down the block. This area has a high demand for rentals and young professionals are flocking to this area. Its a commuters paradise as the train and bus stops are a short walk from this location. Its walking distance to all Fairmount has to offer from the restaurants, coffee shops, various retail and parks. Inquire for additional info and any questions you may have.
  • Special Features: None

Interior Features

  • Flooring Type: Wood
  • Interior Amenities: Sprinkler System
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Basement: No
  • Total Sq Ft: 4074
  • Living Area Sq Ft: 4074
  • Price Per Sq Ft: 386.10
  • Above Grade Finished Sq Ft: 3108
  • Below Grade Finished Sq Ft: 966
  • Total Below Grade Sq Ft: 966
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 848

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding, Brick
  • Roof: Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: On-Site - Sale
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

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

Lot Info

  • Land Assessed Value: 54300.00
  • Land Use Code: SC
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1328.00
  • Zoning: CMX2

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 962329
  • Tax Annual Amount: 760.00
  • Assessor Parcel Number: 151015200
  • Tax Lot: 40
  • Tax Year: 2018
  • Close Date: 10/29/2021

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2021
Closed on
Oct 12, 2021
Sold by
848 N 15Th St Realty Llc
Bought by
Gillian W Thackray Living Trust
Seller's Agent
Abby Trimborn
Long & Foster Real Estate, Inc.
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$1,200,000
Sold Price
$1,165,000
Premium/Discount to List
-$35,000
-2.92%
Current Estimated Value
$1,145,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,925
Avg. Annual Appreciation
-0.43%

Purchase Details

Closed on
Dec 30, 2019
Sold by
848 N 15Th St Llc
Bought by
848 N 15Th St Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$756,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2013
Sold by
Home Solutions Group Llc
Bought by
848 N 15Th St Llc

Purchase Details

Closed on
Apr 30, 2012
Sold by
Nelson Tyrone Ali and Williams Nelson Sidney R
Bought by
Home Solutions Group Llc
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
Gillian W Thackray Living Trust $1,165,000 Commonwealth Land Title
848 N 15Th St Realty Llc $1,080,000 Prestige Abstract Corp
848 N 15Th St Llc $40,000 None Available
Home Solutions Group Llc $2,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 848 N 15Th St Realty Llc $756,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2021 10/29/21 Sold $1,165,000 -2.9% $286 / Sq Ft
09/16/2021 09/16/21 For Sale $1,200,000 +54445.5% $295 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
08/08/2019 08/08/19 Rented $2,200 -26.7% --
07/31/2019 07/31/19 Rented $3,000 +50.0% --
07/16/2019 07/16/19 Price Changed $2,000 -33.3% --
07/16/2019 07/16/19 Price Changed $3,000 +36.4% --
06/10/2019 06/10/19 For Rent $2,200 -31.3% --
04/22/2019 04/22/19 For Rent $3,200 -- --
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 $3,080 $1,100,000 $220,000 $880,000
2024 $3,080 $1,100,000 $220,000 $880,000
2023 $3,080 $1,100,000 $220,000 $880,000
2022 $760 $194,000 $194,000 $0
2021 $760 $0 $0 $0
2020 $760 $0 $0 $0
2019 $760 $0 $0 $0
2018 $760 $0 $0 $0
2017 $760 $0 $0 $0
2016 $760 $0 $0 $0
2015 $728 $0 $0 $0
2014 -- $54,300 $54,300 $0
2012 -- $12,736 $12,736 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2030912

Bright MLS

APN: 151015200