NOT LISTED FOR SALE

Estimated Value: $512,761 - $611,000

-- Bed
4 Baths
3,348 Sq Ft
$172/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $399,900 $119 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,581/month

5 Days on Market

Highlights

  • Victorian Architecture
  • No HOA
  • 2-minute walk to 49Th Street And Chester Avenue

About This Home

As of December 2020

Great development/investment opportunity in the popular Cedar Park neighborhood. This turn of the century Flemish Revival twin porch front has been well maintained for over 100 years. It was converted to a 4 family property in 1936 with two front entrances. The property has been recently cleared out and is ready to complete construction. New plumbing has already been run throughout the home. Some photos show current interior state. The first floor is a two bedroom unit with its own front entrance and a rear entrance to yard. The second front entrance leads to the second floor hallway and two one bedroom units. The third floor is a spacious 2 bedroom. 2nd and 3rd floors have hallway exits to rear fire escape. There is also a set of steps leading to a spacious attic storage area. The side walkway leads to a large garden with another door entrance to basement which can also be entered through a hall on first floor. The basement has deep well windows and could be developed into a 4th apartment. These units, once developed, would bring in $6000+ a month making this a great rental to hold onto or providing great cap rates for resale.

Last Agent to Sell the Property

Nancy Houston

KW Empower Listed on: 10/20/2020

KW Empower

Last Buyer's Agent

Michael Cohen

KW Empower License #RS328765

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,354

Year Built

  • Built in 1900

Lot Details

  • 2,750 Sq Ft Lot
  • Lot Dimensions are 25.00 x 110.00

Parking

  • On-Street Parking

Home Design

  • 3,348 Sq Ft Home
  • Quadruplex
  • Victorian Architecture
  • Masonry

Utilities

  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 4 Units
  • Cedar Park Subdivision

Listing and Financial Details

  • Tax Lot 83
  • Assessor Parcel Number 511003700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,354

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: Yes
  • Remarks Public: Great development/investment opportunity in the popular Cedar Park neighborhood. This turn of the century Flemish Revival twin porch front has been well maintained for over 100 years. It was converted to a 4 family property in 1936 with two front entrances. The property has been recently cleared out and is ready to complete construction. New plumbing has already been run throughout the home. Some photos show current interior state. The first floor is a two bedroom unit with its own front entrance and a rear entrance to yard. The second front entrance leads to the second floor hallway and two one bedroom units. The third floor is a spacious 2 bedroom. 2nd and 3rd floors have hallway exits to rear fire escape. There is also a set of steps leading to a spacious attic storage area. The side walkway leads to a large garden with another door entrance to basement which can also be entered through a hall on first floor. The basement has deep well windows and could be developed into a 4th apartment. These units, once developed, would bring in $6000+ a month making this a great rental to hold onto or providing great cap rates for resale.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Total Sq Ft: 3348
  • Living Area Sq Ft: 3348
  • Price Per Sq Ft: 119.44
  • Above Grade Finished Sq Ft: 3348
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 920

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Spa: No
  • 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
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 325156.00
  • Land Assessed Value: 57344.00
  • Land Use Code: N50
  • Lot Size Acres: 0.06
  • Lot Dimensions: 25.00 x 110.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2750.00
  • Year Assessed: 2020
  • Zoning: RSA3

Rental Info

  • Existing Lease Type: None
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1247144
  • School Tax: 2938.00
  • Tax Annual Amount: 5354.00
  • Assessor Parcel Number: 511003700
  • Tax Lot: 83
  • Tax Total Finished Sq Ft: 3348
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 12/18/2020

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2020
Closed on
Dec 16, 2020
Sold by
Baxter Wayne
Bought by
920 S 49Th Street Llc
Seller's Agent
Nancy Houston
KW Empower
Buyer's Agent
Michael Cohen
KW Empower
List Price
$399,900
Sold Price
$399,900
Current Estimated Value
$576,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,354
Avg. Annual Appreciation
8.14%
Original Mortgage
$657,000
Outstanding Balance
$593,347
Interest Rate
2.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$14,288

Purchase Details

Closed on
Oct 16, 2009
Sold by
Baxter Byers Odell and Estate Of Genevie Baxter
Bought by
Baxter Wayne
Source: Public Records

Range of Values:

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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
920 S 49Th Street Llc $399,900 Land Services Usa Inc
Baxter Wayne -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 920 S 49Th Street Llc $657,000
Previous Owner Baxter Wayne $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $399,900 0.0% $119 / Sq Ft
10/25/2020 10/25/20 Pending -- -- --
10/20/2020 10/20/20 For Sale $399,900 -- $119 / 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 $5,577 $813,800 $162,760 $651,040
2024 $5,577 $552,400 $110,400 $442,000
2023 $5,577 $398,400 $79,600 $318,800
2022 $5,354 $398,400 $79,600 $318,800
2021 $5,354 $0 $0 $0
2020 $5,354 $0 $0 $0
2019 $5,154 $0 $0 $0
2018 $4,775 $0 $0 $0
2017 $4,775 $0 $0 $0
2016 $4,775 $0 $0 $0
2015 $4,750 $0 $0 $0
2014 -- $354,500 $71,378 $283,122
2012 -- $23,264 $3,824 $19,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH947532

Bright MLS

APN: 511003700