NOT LISTED FOR SALE

Estimated Value: $46,726 - $189,000

0.04 Acre
$2,204,550 Price per Acre
1,628 Sq Ft Lot

Last Sold January 14, 2019

Last sale price $30,000

Est. 194% increase in value since last sale

Current estimated payment $504/month

48 Days on Market

Highlights

  • No HOA
  • 4-minute walk to Lancaster Avenue And 47Th Street
  • 3-minute walk to Clara Muhammad Square
  • En-Suite Primary Bedroom

About This Lot

As of January 2019

Investors & Developers A Corner vacant large lot is in one of the fastest developing area. RM-1 ( MultiFamily Zoned). It will Be smart move. It is right time to buy for holding and building for Drexel and Upenn. Contact for more information Do not miss !!!

Last Agent to Sell the Property

Gazi Ataseven

HomeSmart Realty Advisors License #RM426020 Listed on: 10/04/2018

HomeSmart Realty Advisors

Last Buyer's Agent

Allen Borovich

RE/MAX Access

RE/MAX Access

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $157

Lot Details

  • 1,628 Sq Ft Lot
  • Property is zoned RM-1

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Community Details

  • No Home Owners Association
  • Belmont Subdivision

Listing and Financial Details

  • Tax Lot 145
  • Assessor Parcel Number 442197600

Property Details

Property Type

Land

Est. Annual Taxes

$157

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Room List: Primary Bedroom
  • Price Per Sq Ft: 24.51
  • Street Number Modifier: 900

Exterior Features

  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • 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

  • Additional Parcels: No
  • Lot Size Acres: 0.04
  • Lot Dimensions: 23X70, LotWidth:23 X LotDepth:70
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1628.00
  • Zoning: RM-1
  • Farmland Preservation: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 157.00
  • Assessor Parcel Number: 442197600
  • Tax Lot: 145
  • Tax Year: 2018
  • Close Date: 01/14/2019

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2020
Sold by
City Block Acquisition Xi Llc
Bought by
48Th Street Associates Llc
Current Estimated Value
$88,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
3.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Oct 4, 2018
Closed on
Dec 20, 2018
Sold by
Atl Development Corporation
Bought by
City Block Acquisition X Llc
Seller's Agent
Gazi Ataseven
HomeSmart Realty Advisors
Buyer's Agent
Allen Borovich
RE/MAX Access
List Price
$40,000
Sold Price
$30,000
Premium/Discount to List
-$10,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.72%

Purchase Details

Closed on
May 24, 2016
Sold by
Preston Fulton Eva J and City Of Philadelphia
Bought by
Atl Development Corporation

Purchase Details

Closed on
Oct 25, 1990
Bought by
Preston-Fulton Eva J
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
48Th Street Associates Llc -- Meridian Land Title
City Block Acquisition X Llc $30,000 None Available
Atl Development Corporation $2,100 None Available
Preston-Fulton Eva J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 48Th Street Associates Llc $1,695,000
Closed 48Th Street Associates Llc $2,100,000
Closed 48Th Street Associates Llc $1,481,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2019 01/14/19 Sold $30,000 -24.8% --
11/21/2018 11/21/18 Pending -- -- --
10/22/2018 10/22/18 Price Changed $39,900 -0.3% --
10/04/2018 10/04/18 For Sale $40,000 -- --
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 $430 $36,100 $36,100 --
2024 $430 $36,100 $36,100 --
2023 $430 $30,700 $30,700 $0
2022 $157 $30,700 $30,700 $0
2021 $157 $0 $0 $0
2020 $157 $0 $0 $0
2019 $157 $0 $0 $0
2018 $157 $0 $0 $0
2017 $157 $0 $0 $0
2016 $98 $0 $0 $0
2015 $94 $0 $0 $0
2014 -- $7,000 $7,000 $0
2012 -- $704 $704 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1009935714

Bright MLS

APN: 442197600