NOT LISTED FOR SALE

Estimated Value: $751,000 - $896,000

-- Bed
3 Baths
1,965 Sq Ft
$419/Sq Ft Est. Value

Last Sold April 28, 2017

Last sale price $655,000 $333 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,048/month

Highlights

  • Wood Flooring
  • Intercom
  • Forced Air Heating and Cooling System
  • No HOA
  • En-Suite Primary Bedroom
  • 1-minute walk to Palumbo Recreation Center Park

About This Home

As of April 2017

Beautifully maintained triplex in the sought-after neighborhood of Bella Vista. Three spacious units - each with one bedroom and one bath. All units are clean and fully occupied with under-market rents. Two of the units have new hardwood floors and stainless steel appliances. Air conditioning for all units is separately metered and all occupants have access to laundry in the building. This corner property allows for ample light in all units. Building is less than a block away from Whole Foods, Starbucks, and across from popular Palumbo Park. This building is extremely popular and vacancies are extremely infrequent.

Last Agent to Sell the Property

Brian Stetler

(610) 996-1907 blstetler@gmail.com BHHS Fox & Roach-Center City Walnut License #RS301905 Listed on: 03/01/2017

BHHS Fox & Roach-Center City Walnut

Co-Listed By

Matthew Tucker

(267) 251-8134 matthew.tucker@foxroach.com BHHS Fox & Roach-Center City Walnut

Last Buyer's Agent

Jonathan Barach

(267) 254-0633 jonathan.barach@compass.com Compass RE

Compass RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,841

Lot Details

  • 655 Sq Ft Lot
  • Lot Dimensions are 15x44
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,965 Sq Ft Home
  • Storage Includes Bins
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Intercom

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Eco-Friendly Details

  • Energy-Efficient Windows

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 240
  • Assessor Parcel Number 023189600

Community Details

Overview

  • No Home Owners Association
  • Bella Vista Subdivision

Building Details

  • Operating Expense $3,841

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,841

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement, Bins
  • Remarks Public: Beautifully maintained triplex in the sought-after neighborhood of Bella Vista. Three spacious units - each with one bedroom and one bath. All units are clean and fully occupied with under-market rents. Two of the units have new hardwood floors and stainless steel appliances. Air conditioning for all units is separately metered and all occupants have access to laundry in the building. This corner property allows for ample light in all units. Building is less than a block away from Whole Foods, Starbucks, and across from popular Palumbo Park. This building is extremely popular and vacancies are extremely infrequent.
  • Special Features: None

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Window Features: Energy Efficient
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Stone
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1965
  • Living Area Sq Ft: 1965
  • Price Per Sq Ft: 292.62
  • Above Grade Finished Sq Ft: 1965
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 927

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Electric, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Intercom
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • 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

  • Improvement Assessed Value: 192080.00
  • Land Assessed Value: 82320.00
  • Land Use Code: U50
  • Lot Size Acres: 0.02
  • Lot Dimensions: 15X44
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 655.00
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 43080.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 889642
  • Tax Annual Amount: 3841.00
  • Assessor Parcel Number: 023189600
  • Tax Lot: 240
  • Tax Year: 2017
  • Close Date: 04/28/2017

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2017
Closed on
Apr 24, 2017
Sold by
Bank Of America Na
Bought by
Landis Michael H and Landis Jennifer E
Seller's Agent
Brian Stetler
BHHS Fox & Roach-Center City Walnut
Buyer's Agent
Jonathan Barach
Compass RE
List Price
$575,000
Sold Price
$655,000
Premium/Discount to List
$80,000
13.91%
Current Estimated Value
$823,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,500
Avg. Annual Appreciation
1.13%
Original Mortgage
$450,000
Outstanding Balance
$380,416
Interest Rate
4.1%
Mortgage Type
Commercial
Estimated Equity
$339,584

Purchase Details

Closed on
Sep 3, 2002
Sold by
Seward Joseph L
Bought by
Fleet National Bank and Will Of Jean Derderian Stewart
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
Landis Michael H $655,000 None Available
Fleet National Bank $307,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landis Michael H $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2017 04/28/17 Sold $655,000 +13.9% $333 / Sq Ft
03/07/2017 03/07/17 Pending -- -- --
03/01/2017 03/01/17 For Sale $575,000 -- $293 / 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 $8,388 $767,600 $153,520 $614,080
2024 $8,388 $767,600 $153,520 $614,080
2023 $8,388 $599,200 $179,700 $419,500
2022 $8,388 $599,200 $179,700 $419,500
2021 $8,388 $0 $0 $0
2020 $8,388 $0 $0 $0
2019 $8,203 $0 $0 $0
2018 $3,841 $0 $0 $0
2017 $3,841 $0 $0 $0
2016 $3,841 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $274,400 $30,921 $243,479
2012 -- $19,232 $2,671 $16,561
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003226857

Bright MLS

APN: 023189600