NOT LISTED FOR SALE

Estimated Value: $285,000 - $316,000

-- Bed
-- Bath
2,160 Sq Ft
$139/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $279,500 $129 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,019/month

21 Days on Market

Highlights

  • Straight Thru Architecture
  • 4-minute walk to Lancaster Avenue And 47Th Street
  • 3-minute walk to Clara Muhammad Square
  • Forced Air Heating System

About This Home

As of June 2023

Welcome to 906 N 48th St, a fantastic triplex in the Mill Creek neighborhood ready for its next owner occupant or investor! This twin building features three sizeable units that all have significant amounts of light in each room. The property is just two blocks off the rapidly growing Lancaster Avenue corridor and convenient to the 64 bus (at the corner) and trolley route (2 blocks away). The second floor two bedroom unit has been left vacant for a potential owner occupant but can easily be rented again. Don't forget to check out the matterport floor plans/walkthrough. Seller is licensed PA real estate agent. Schedule your showing today!

Last Agent to Sell the Property

Rodney Ross

KW Commercial License #RS314073 Listed on: 03/09/2023

KW Commercial

Last Buyer's Agent

Rolanda Solomon

REALTY ONE GROUP FOCUS License #rs354560

REALTY ONE GROUP FOCUS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,603

Year Built

  • Built in 1915

Lot Details

  • 1,480 Sq Ft Lot
  • Lot Dimensions are 20.00 x 74.00

Parking

  • On-Street Parking

Home Design

  • 2,160 Sq Ft Home
  • Triplex
  • Straight Thru Architecture
  • Masonry

Utilities

  • Forced Air Heating System
  • Radiator
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 148
  • Assessor Parcel Number 442197900

Community Details

Overview

  • 3 Units
  • Mill Creek Subdivision

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,603

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Foundation Details: Other
  • Total Sq Ft: 2160
  • Living Area Sq Ft: 2160
  • Price Per Sq Ft: 138.89
  • Above Grade Finished Sq Ft: 2160
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 906

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

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Land Use Code: N50
  • Lot Size Acres: 0.03
  • Lot Dimensions: 20.00 x 74.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1480.00
  • Year Assessed: 2023
  • Zoning: RM1

Rental Info

  • Rent Control: No
  • Total Actual Rent: 32760.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 2526.00
  • Tax Annual Amount: 4603.00
  • Assessor Parcel Number: 442197900
  • Tax Lot: 148
  • Tax Total Finished Sq Ft: 2160
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 06/16/2023

Multi Family

  • Number Of Units Vacant: 1
  • 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
Mar 9, 2023
Closed on
Jun 13, 2023
Sold by
Giller Realty Llc
Bought by
Abdella Nej
Seller's Agent
Rodney Ross
KW Commercial
Buyer's Agent
Rolanda Solomon
REALTY ONE GROUP FOCUS
List Price
$300,000
Sold Price
$279,500
Premium/Discount to List
-$20,500
-6.83%
Views
110
Current Estimated Value
$300,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,542
Avg. Annual Appreciation
1.86%
Original Mortgage
$273,015
Outstanding Balance
$267,103
Interest Rate
6.35%
Mortgage Type
FHA
Estimated Equity
$23,846

Purchase Details

Closed on
Mar 28, 2018
Sold by
Mattei Angelo M and Mattei Rachel
Bought by
Giller Realty Llc

Purchase Details

Closed on
Dec 5, 2001
Sold by
Villarson Kenel
Bought by
Mattei Angelo M and Mattei Rachel
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
Abdella Nej $279,500 None Listed On Document
Giller Realty Llc $70,000 Mba Abstract Inc
Mattei Angelo M $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abdella Nej $273,015
Previous Owner Giller Realty Llc $1,350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Sold $279,500 -6.8% $129 / Sq Ft
04/26/2023 04/26/23 For Sale $300,000 0.0% $139 / Sq Ft
03/30/2023 03/30/23 Pending -- -- --
03/09/2023 03/09/23 For Sale $300,000 -- $139 / 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 $4,604 $213,400 $42,680 $170,720
2024 $4,604 $213,400 $42,680 $170,720
2023 $4,604 $328,900 $65,780 $263,120
2022 $2,041 $328,900 $65,780 $263,120
2021 $2,041 $0 $0 $0
2020 $2,041 $0 $0 $0
2019 $1,965 $0 $0 $0
2018 $1,218 $0 $0 $0
2017 $1,218 $0 $0 $0
2016 $1,218 $0 $0 $0
2015 $1,166 $0 $0 $0
2014 -- $87,000 $6,390 $80,610
2012 -- $9,312 $5,238 $4,074
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2211694

Bright MLS

APN: 442197900