$545,000
SOLD FEB 5, 2025
-- Bed
-- Bath
3,348 Sq Ft
2,750 Sq Ft Lot

Recently Sold

$163 Per Sq Ft

6% Below List Price

80 Days on Market

Highlights

  • Open Floorplan
  • 2-minute walk to 49Th Street And Chester Avenue
  • Eat-In Kitchen
  • Wood Flooring
  • Stainless Steel Appliances
  • 4-minute walk to Kingsessing Recreation Center

About This Home

As of February 2025

This huge twin in Cedar Park/University city area has been nicely updated and it is totally turnkey. Backyard near Clark park makes it very appealing. Property is totally occupied (tenants would like to stay). All the units are very spacious and has lots of natural sunlight. Featuring contemporary finishes including newer roof (2019) Guaranteed for 10 years, stainless steel appliances, granite countertop, central A/C and in-unit laundry. 
The first floor features 3 nice size bedrooms and hall bath, it also features attractive exposed red brick hallways. 2nd and third floor have very open and airy floor plan consisting of a huge living/dining room with artificial fireplace, a modern eat in kitchen and 2 spacious bedrooms and bathroom. In the basement, which is accessed from the fenced-in backyard, you will see that all the utilities are separated. (tenants pay their own gas and electric).
This home is located in the heart of it all. Book an appointment today!

Last Agent to Sell the Property

Nodari Tetruashvily

Weichert Realtors License #RS296743 Listed on: 10/01/2024

Weichert Realtors

Last Buyer's Agent

Tom Wang

Philly Real Estate License #RS304852

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,576

Year Built

  • Built in 1900

Lot Details

  • 2,750 Sq Ft Lot
  • Lot Dimensions are 25.00 x 110.00
  • Property is in excellent condition

Home Design

  • Triplex
  • Flat Roof Shape
  • Brick Foundation
  • Poured Concrete
  • Block Wall
  • Shingle Roof
  • Masonry

Interior Spaces

  • Bathtub with Shower
  • 3,348 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Dining Area

Kitchen

  • Eat-In Kitchen
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile or Brick
  • Luxury Vinyl Plank Tile

Laundry

  • Electric Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Rear Basement Entry
  • Drain

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Ductless Heating Or Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Wall Furnace
  • Electric Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 93
  • Assessor Parcel Number 511004600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,576

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Ownership: Fee Simple
  • Inclusions: Washer/Dryer, Refrigerators
  • New Construction: No
  • Expected On Market: 2024-10-01
  • Year Built: 1900
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Remarks Public: This huge twin in Cedar Park/University city area has been nicely updated and it is totally turnkey. Backyard near Clark park makes it very appealing. Property is totally occupied (tenants would like to stay). All the units are very spacious and has lots of natural sunlight. Featuring contemporary finishes including newer roof (2019) Guaranteed for 10 years, stainless steel appliances, granite countertop, central A/C and in-unit laundry.  The first floor features 3 nice size bedrooms and hall bath, it also features attractive exposed red brick hallways. 2nd and third floor have very open and airy floor plan consisting of a huge living/dining room with artificial fireplace, a modern eat in kitchen and 2 spacious bedrooms and bathroom. In the basement, which is accessed from the fenced-in backyard, you will see that all the utilities are separated. (tenants pay their own gas and electric). This home is located in the heart of it all. Book an appointment today!
  • Special Features: None

Interior Features

  • Appliances: Disposal, Dryer - Electric, Refrigerator, Stainless Steel Appliances, Washer
  • Flooring Type: Laminate Plank, Luxury Vinyl Plank, Tile/Brick, Wood
  • Interior Amenities: Bathroom - Tub Shower, Ceiling Fan(s), Dining Area, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Island, Pantry, Recessed Lighting
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, Block Walls
  • Foundation Details: Brick/Mortar
  • Basement: Yes
  • Basement Type: Drain, Full, Outside Entrance, Poured Concrete, Rear Entrance, Unfinished, Walkout Level
  • Total Sq Ft: 3348
  • Living Area Sq Ft: 3348
  • Price Per Sq Ft: 173.24
  • Above Grade Finished Sq Ft: 3348
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 938

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Exterior Features: Exterior Lighting, Street Lights
  • Roof: Flat, Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s), Ductless/Mini-Split, Wall Unit, Window Unit(s)
  • Heating Fuel: Central, Electric
  • Heating Type: Central, Wall Unit
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • 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
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Excellent
  • Year Assessed: 2024
  • Zoning: RSA3

Rental Info

  • Number Of Units Month To Month: 2
  • Total Actual Rent: 47400.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 3123.00
  • Tax Annual Amount: 5576.00
  • Assessor Parcel Number: 511004600
  • Tax Lot: 93
  • Tax Total Finished Sq Ft: 3348
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 02/05/2025

Multi Family

  • 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
Oct 1, 2024
Closed on
Jan 23, 2025
Sold by
Spadaro 401K Plan And Trust and Spadaro Lori
Bought by
Luo Chunxia
Seller's Agent
Nodari Tetruashvily
Weichert Realtors
Buyer's Agent
Tom Wang
Philly Real Estate
List Price
$580,000
Sold Price
$545,000
Premium/Discount to List
-$35,000
-6.03%
Views
17
Current Estimated Value
$547,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,282
Avg. Annual Appreciation
-0.66%
Original Mortgage
$340,000
Outstanding Balance
$339,431
Interest Rate
6.91%
Mortgage Type
New Conventional
Estimated Equity
$203,387

Purchase Details

Listed on
Apr 27, 2018
Closed on
Jan 15, 2019
Sold by
Aries Properties Llc
Bought by
Spadaro Lori and Plan And Trust
Seller's Agent
Michael Hersch
Opus Elite Real Estate
Buyer's Agent
Michael Hersch
Opus Elite Real Estate
List Price
$480,000
Sold Price
$427,500
Premium/Discount to List
-$52,500
-10.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.10%

Purchase Details

Closed on
Oct 19, 2011
Sold by
Hayes Robert L and Rammler David T
Bought by
Aries Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.12%
Mortgage Type
Future Advance Clause Open End Mortgage
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 Type Sale Price Title Company
Deed $545,000 Springfield Abstract
Deed $427,500 None Available
Deed $68,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $340,000 New Conventional
Previous Owner $314,000 Future Advance Clause Open End Mortgage
Previous Owner $260,000 Future Advance Clause Open End Mortgage
Previous Owner $45,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2025 02/05/25 Sold $545,000 -6.0% $163 / Sq Ft
02/03/2025 02/03/25 Price Changed $580,000 0.0% $173 / Sq Ft
12/31/2024 12/31/24 For Sale $580,000 0.0% $173 / Sq Ft
12/21/2024 12/21/24 Pending -- -- --
11/29/2024 11/29/24 Off Market $580,000 -- --
10/01/2024 10/01/24 For Sale $580,000 +35.7% $173 / Sq Ft
01/22/2019 01/22/19 Sold $427,500 0.0% --
06/11/2018 06/11/18 Off Market $427,500 -- --
04/27/2018 04/27/18 For Sale $480,000 -- --
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 $5,577 $552,400 $110,400 $442,000
2024 $5,577 $552,400 $110,400 $442,000
2023 $5,577 $398,400 $79,600 $318,800
2022 $1,639 $398,400 $79,600 $318,800
2021 $1,639 $0 $0 $0
2020 $1,639 $0 $0 $0
2019 $1,579 $0 $0 $0
2018 $1,596 $0 $0 $0
2017 $1,596 $0 $0 $0
2016 $1,596 $0 $0 $0
2015 $1,528 $0 $0 $0
2014 -- $114,000 $71,378 $42,622
2012 -- $9,088 $6,078 $3,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2400800

Bright MLS

APN: 511004600