Seller's Agent in 2024
louis farlow
Angelo M. Mattei Real Estate
(215) 462-5100
7 in this area
11 Total Sales
1937 Wharton St Philadelphia, PA 19146
Point Breeze NeighborhoodEstimated Value: $770,000 - $849,000
--
Bed
1
Bath
2,900
Sq Ft
$281/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Halls are 36 inches wide or more
- Central Heating and Cooling System
- Contemporary Architecture
About This Home
As of April 2024Introducing a fantastic investment opportunity in the Point Breeze area of Philadelphia. This three-unit building offers spacious and modern living spaces, each consisting of two bedrooms and two bathrooms.
The property has undergone a complete renovation, with all new systems including a sprinkler system, new heating and air, plumbing, and electric. The addition of luxury vinyl flooring throughout ensures durability and easy maintenance for tenants. Each unit has an intercom with electronic door release to make it easy.
One of the standout features of this property is the roof deck with access from the 3rd floor unit, offering stunning views of Center City Philadelphia. Additionally, the second-floor deck provides a private outdoor space for the 2nd floor unit. The first floor unit has access to the yard.
Convenience is key with this property, as it is located close to coffee shops, transportation options, and the bustling center city of Philadelphia. Tenants will have easy access to all the amenities and entertainment the city has to offer.
With its prime location and modern updates, this three-unit triplex building has the potential to generate a significant amount of rental income for its future owner. Don't miss out on this incredible investment opportunity. Schedule a viewing today before it's gone. This property has a 10 year tax abatement. The finished square foot is estimated. Please do your own diligence.
Last Agent to Sell the Property
Angelo M. Mattei Real Estate License #RS359831 Listed on: 11/27/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,133
Year Built
- Built in 1915
Lot Details
- 1,164 Sq Ft Lot
- Lot Dimensions are 17.00 x 70.00
Parking
- On-Street Parking
Home Design
- Triplex
- Contemporary Architecture
- Stone Foundation
- Masonry
Interior Spaces
- Open Floorplan
- Gas Dryer
- Finished Basement
Kitchen
- <<microwave>>
- Disposal
Accessible Home Design
- Halls are 36 inches wide or more
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- 3 Units
- 3 Vacant Units
Listing and Financial Details
- Tax Lot 425
- Assessor Parcel Number 361110100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 27, 2023
Closed on
Apr 27, 2024
Sold by
My Part Of Town Properties Llc
Bought by
Nag Shalini and Gufuru Surya Prakash
Seller's Agent
louis farlow
Angelo M. Mattei Real Estate
Buyer's Agent
Shailu Jaswal
Compass RE
List Price
$899,900
Sold Price
$800,000
Premium/Discount to List
-$99,900
-11.1%
Views
41
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,068
Avg. Annual Appreciation
-1.46%
Original Mortgage
$640,000
Outstanding Balance
$633,753
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$152,144
Purchase Details
Closed on
Dec 3, 2021
Sold by
Gwendolyn Evans
Bought by
My Part Of Town 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
$225,000
Interest Rate
3.92%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 7, 2000
Sold by
Anderson Sally and Smith Florence
Bought by
Evans Elizabeth
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nag Shalini | $800,000 | None Listed On Document | |
| My Part Of Town Properties Llc | $152,000 | Boston National Title | |
| Evans Elizabeth | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nag Shalini | $640,000 | |
| Previous Owner | My Part Of Town Properties Llc | $545,000 | |
| Previous Owner | My Part Of Town Properties Llc | $225,000 | |
| Previous Owner | Evans Elizabeth | $457,500 | |
| Previous Owner | Evans Elizabeth | $353,250 | |
| Previous Owner | Evans Elizabeth | $276,000 | |
| Previous Owner | Evans Elizabeth | $202,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/17/2024 04/17/24 | Sold | $800,000 | -4.8% | $276 / Sq Ft |
| 02/05/2024 02/05/24 | Price Changed | $839,999 | -1.2% | $290 / Sq Ft |
| 01/17/2024 01/17/24 | Price Changed | $849,999 | -2.3% | $293 / Sq Ft |
| 01/07/2024 01/07/24 | Price Changed | $869,900 | -3.3% | $300 / Sq Ft |
| 11/27/2023 11/27/23 | For Sale | $899,900 | -- | $310 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,134 | $700,000 | $140,000 | $560,000 |
| 2024 | $1,134 | $700,000 | $140,000 | $560,000 |
| 2023 | $1,134 | $210,500 | $43,100 | $167,400 |
| 2022 | $1,134 | $81,000 | $43,100 | $37,900 |
| 2021 | $1,134 | $0 | $0 | $0 |
| 2020 | $1,134 | $0 | $0 | $0 |
| 2019 | $1,134 | $0 | $0 | $0 |
| 2018 | $1,134 | $0 | $0 | $0 |
| 2017 | $1,134 | $0 | $0 | $0 |
| 2016 | $1,134 | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $141,300 | $16,647 | $124,653 |
| 2012 | -- | $8,640 | $1,728 | $6,912 |
Source: Public Records
Agents Affiliated with this Home
-
louis farlow
-
Shailu Jaswal
Buyer's Agent in 2024
Shailu Jaswal
Compass RE
(215) 680-5486
1 in this area
57 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH2300580
APN: 361110100
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