NOT LISTED FOR SALE

Estimated Value: $628,000 - $718,000

-- Bed
3 Baths
2,637 Sq Ft
$256/Sq Ft Est. Value

Last Sold September 05, 2024

Last sale price $650,000 $246 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,123/month

19 Days on Market

About This Home

As of September 2024

Introducing a meticulously updated and well-maintained triplex in the sought-after Queen Village neighborhood. Perfect for an investor or an owner occupant looking to make some cashflow and have the tenants pay the mortgage. This corner property boasts over 2,600 square feet of living space, with each of the three units featuring two spacious bedrooms and a modern full bath. The kitchens and bathrooms in all units have been tastefully updated to meet contemporary standards. Each unit is individually metered for electricity and heat, ensuring convenience and efficiency for tenants. The property includes a large unfinished basement, ideal for additional storage. It also houses the mechanical systems and a coin-operated laundry area. Key features include electric hot water heaters, three gas meters, three furnaces, and a Kiddie Fire Alarm System. Each unit is equipped with an electric stove and its own 100 AMP electric panel. The roof was installed in 2021 and comes with a 10-year warranty, ensuring peace of mind. Additionally, the property benefits from newer windows and a freshly painted exterior. With an average neighborhood rent of approximately $1,650 per unit, this triplex represents a fantastic investment opportunity. Potential for 1 parking space in small yardspace behind the building.

Last Agent to Sell the Property

Mark Malfara

(215) 327-8416 mark.malfara@foxroach.com BHHS Fox & Roach-Blue Bell License #RS280250 Listed on: 07/11/2024

BHHS Fox & Roach-Blue Bell

Co-Listed By

Jim Breslin

(215) 247-3750 jim.breslin@foxroach.com BHHS Fox & Roach-Blue Bell License #RS359601

Last Buyer's Agent

Lisa Li

(484) 714-2488 xuelisa.liberty@gmail.com Liberty Real Estate License #RS346389

Liberty Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,965

Year Built

  • Built in 1915

Lot Details

  • 1,090 Sq Ft Lot
  • Lot Dimensions are 16.00 x 67.00

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction
  • Masonry

Interior Spaces

  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • 100 Amp Service
  • Electric Water Heater

Community Details

  • 3 Units
  • 2 Vacant Units

Listing and Financial Details

  • Tax Lot 220
  • Assessor Parcel Number 021420200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,965

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • Exclusions: Safe in basement
  • Inclusions: Each unit has a refrigerator, stove. Microwave in unit 1 & 2 only. Washer & Dryer in basement
  • New Construction: No
  • Year Built: 1915
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 3516
  • Living Area Sq Ft: 2637
  • Price Per Sq Ft: 257.87
  • Above Grade Finished Sq Ft: 2637
  • Below Grade Sq Ft: 879
  • Total Below Grade Sq Ft: 879
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry, Brick
  • 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

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.03
  • Lot Dimensions: 16.00 x 67.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1090.00
  • Zoning: RSA5

Rental Info

  • Rent Control: No
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • School Tax: 3822.00
  • Tax Annual Amount: 6965.00
  • Assessor Parcel Number: 021420200
  • Tax Lot: 220
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

Multi Family

  • Number Of Units Vacant: 2
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2024
Closed on
Sep 5, 2024
Sold by
Kelly Elizabeth P and Kelly Richard M
Bought by
Huang Yuzhu and Chen Fengbin
Seller's Agent
Mark Malfara
BHHS Fox & Roach-Blue Bell
Buyer's Agent
Lisa Li
Liberty Real Estate
List Price
$680,000
Sold Price
$650,000
Premium/Discount to List
-$30,000
-4.41%
Views
19
Current Estimated Value
$675,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,692
Avg. Annual Appreciation
3.43%
Original Mortgage
$400,000
Outstanding Balance
$395,937
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$279,755

Purchase Details

Closed on
Dec 30, 2019
Sold by
Kelly Elizabeth P and Kelly Richard M
Bought by
Kelly Elizabeth P and Kelly Richard M

Purchase Details

Closed on
Jan 16, 2015
Sold by
Kelly Elizabeth
Bought by
Kelly Richard and Kelly Elizabeth P

Purchase Details

Closed on
Jan 13, 1989
Bought by
Kelly Elizabeth
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
Huang Yuzhu $650,000 Nova Abstract
Kelly Elizabeth P -- None Available
Kelly Richard -- First Usa Abstract Inc
Kelly Elizabeth $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Yuzhu $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2024 09/05/24 Sold $650,000 -4.4% $246 / Sq Ft
07/30/2024 07/30/24 Pending -- -- --
07/11/2024 07/11/24 For Sale $680,000 -- $258 / 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 $6,965 $497,900 $99,580 $398,320
2024 $6,965 $497,900 $99,580 $398,320
2023 $6,965 $497,600 $99,520 $398,080
2022 $1,302 $497,600 $99,520 $398,080
2021 $8,301 $0 $0 $0
2020 $6,999 $0 $0 $0
2019 $7,660 $0 $0 $0
2018 $2,284 $0 $0 $0
2017 $2,284 $0 $0 $0
2016 $2,284 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $163,200 $23,159 $140,041
2012 -- $15,584 $2,524 $13,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2374524

Bright MLS

APN: 021420200