NOT LISTED FOR SALE

Estimated Value: $703,808

-- Bed
-- Bath
3,220 Sq Ft
$219/Sq Ft Est. Value

Last Sold September 09, 2021

Last sale price $663,000 $206 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,400/month

133 Days on Market

Highlights

  • 0.04 Acre Lot
  • No HOA
  • Hot Water Heating System
  • Traditional Architecture
  • Central Air
  • 3-minute walk to Liberty Lands

About This Home

As of September 2021

Perfect opportunity to own a prime piece of the booming Northern Liberties neighborhood. Currently set up as a 4 unit property this quadplex is situated on bustling 2nd St. Over 1,000 units planned for the next 12 months within .3 miles of the property. A block from the renovated Piazza at Schmidt's and Liberties Walk. 10 Minute walk to the Market Frankford Septa line. Multiple grocery stores and shopping options all within 1 block. Zoned CMX-2.5. Plans and drawings included for improvements. Please request an estimated cap rate worksheet. Don't miss out on being on the ground floor of this rapidly emerging neighborhood.

Last Agent to Sell the Property

Antonio Atacan

KW Empower License #1221134 Listed on: 03/09/2021

KW Empower

Co-Listed By

Aaron Byles

KW Empower

Last Buyer's Agent

Jenny Shi

Realty Mark Cityscape-King of Prussia License #RS287803

Realty Mark Cityscape-King of Prussia

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,387

Year Built

  • Built in 1920

Lot Details

  • 1,600 Sq Ft Lot
  • Lot Dimensions are 16.00 x 100.00

Parking

  • On-Street Parking

Home Design

  • 3,220 Sq Ft Home
  • Quadruplex
  • Traditional Architecture
  • Masonry

Utilities

  • Central Air
  • Hot Water Heating System
  • Electric Water Heater

Additional Features

  • Basement

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Tax Lot 86
  • Assessor Parcel Number 871510120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,387

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: Perfect opportunity to own a prime piece of the booming Northern Liberties neighborhood. Currently set up as a 4 unit property this quadplex is situated on bustling 2nd St. Over 1,000 units planned for the next 12 months within .3 miles of the property. A block from the renovated Piazza at Schmidt's and Liberties Walk. 10 Minute walk to the Market Frankford Septa line. Multiple grocery stores and shopping options all within 1 block. Zoned CMX-2.5. Plans and drawings included for improvements. Please request an estimated cap rate worksheet. Don't miss out on being on the ground floor of this rapidly emerging neighborhood.
  • Special Features: None

Interior Features

  • Basement: Yes
  • Total Sq Ft: 3220
  • Living Area Sq Ft: 3220
  • Price Per Sq Ft: 248.14
  • Above Grade Finished Sq Ft: 3220
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 960

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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • 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: 365040.00
  • Land Assessed Value: 91260.00
  • Land Use Code: S60
  • Lot Size Acres: 0.04
  • Lot Dimensions: 16.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1600.00
  • Year Assessed: 2021
  • Zoning: CMX2.

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 909328
  • School Tax: 3505.00
  • Tax Annual Amount: 6387.00
  • Assessor Parcel Number: 871510120
  • Tax Lot: 86
  • Tax Total Finished Sq Ft: 3220
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 09/09/2021

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Single Room Units Count: 2

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2017
Sold by
Russell William B
Bought by
Jmlm Properties Llc
Current Estimated Value
$703,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Outstanding Balance
$353,730
Interest Rate
4.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 28, 1978
Bought by
William B Russell
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
Jmlm Properties Llc $525,000 Suburban Abstract Agency Inc
William B Russell $13,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jmlm Properties Llc $425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2021 09/09/21 Sold $663,000 -17.0% $206 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
06/24/2021 06/24/21 Price Changed $799,000 -5.9% $248 / Sq Ft
04/26/2021 04/26/21 Price Changed $849,000 -5.6% $264 / Sq Ft
03/09/2021 03/09/21 For Sale $899,000 -- $279 / 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 $6,775 $550,600 $110,120 $440,480
2024 $6,775 $550,600 $110,120 $440,480
2023 $6,775 $484,000 $96,800 $387,200
2022 $6,387 $484,000 $96,800 $387,200
2021 $6,387 $0 $0 $0
2020 $6,387 $0 $0 $0
2019 $6,324 $0 $0 $0
2018 $6,141 $0 $0 $0
2017 $7,577 $0 $0 $0
2016 $7,504 $0 $0 $0
2015 $7,253 $0 $0 $0
2014 -- $541,300 $39,671 $501,629
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH992750

Bright MLS

APN: 871510120