Seller's Agent in 2024
Michael McCann
KW Empower
1 in this area
1,937 Total Sales
4618 Walnut St Philadelphia, PA 19139
Walnut Hill NeighborhoodEstimated Value: $492,000 - $520,000
--
Bed
--
Bath
2,066
Sq Ft
$245/Sq Ft
Est. Value
Highlights
- Electric Baseboard Heater
- 4-minute walk to 46Th Street
- 2-minute walk to Walnut Hill Community Playground
About This Home
As of January 2024Wonderful multi-unit investment opportunity in a great area with only upside. It’s currently used as five units, but legally zoned as four units. The property is dated throughout with many long-term and low paying tenants. This is a great opportunity to improve the value and increase the income. Four of the apartments have 1 bed and 1 bath, one is a studio. The first-floor unit is a former storefront with a private entrance. A shared entry leads to two units on each of the upper floors. All units are currently occupied except the 2nd-floor front and are verbal leases. The utilities are as follows; 4 separate gas hot water tanks, 2nd floor front and 1st floor front share one hot water heater (owner pays gas), baseboard steam heating, 1 gas boiler for all units, 2nd floor front has an electric stove, 4 electrical panels and 4 gas meters. This building is located in a sought-after neighborhood, earning a Walk Score of 94! It's only a few blocks from The University of Penn, Drexel University, and Penn Presbyterian Medical Center. Popular restaurants, local shops, and sprawling parks are nearby along 40th St, Baltimore Ave, and 52nd St. Plus, there's easy access to public transit, 30th St Station, I-76, and Delaware County. Schedule your showing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,626
Year Built
- Built in 1920
Lot Details
- 1,716 Sq Ft Lot
- Lot Dimensions are 19.00 x 93.00
Home Design
- 2,066 Sq Ft Home
- Quadruplex
- Masonry
Utilities
- Electric Baseboard Heater
- Natural Gas Water Heater
Additional Features
- Unfinished Basement
Community Details
- 4 Units
Listing and Financial Details
- Tax Lot 47
- Assessor Parcel Number 461001900
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 11, 2023
Closed on
Jan 30, 2024
Sold by
Travers Sarma Pin and Pin Scuth
Bought by
Bosket Demetrius A
Seller's Agent
Michael McCann
KW Empower
Buyer's Agent
Melissa Knights Munaco
Compass RE
List Price
$450,000
Sold Price
$450,000
Total Days on Market
13
Views
67
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
$56,000
Avg. Annual Appreciation
6.88%
Original Mortgage
$459,675
Outstanding Balance
$454,643
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$34,357
Purchase Details
Closed on
Sep 8, 2023
Sold by
Travers Sarma Pin
Bought by
Travers Sarma Pin and Pin Scuth
Purchase Details
Closed on
Jan 17, 2000
Sold by
Kassabian Mary and City Of Philadelphia
Bought by
Pin Sokha
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 |
|---|---|---|---|
| Bosket Demetrius A | $450,000 | None Listed On Document | |
| Travers Sarma Pin | -- | Tohickon Settlement Services | |
| Pin Sokha | $12,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bosket Demetrius A | $459,675 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/26/2024 01/26/24 | Sold | $450,000 | 0.0% | $218 / Sq Ft |
| 12/11/2023 12/11/23 | For Sale | $450,000 | -- | $218 / 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 | $4,626 | $569,800 | $113,960 | $455,840 |
| 2024 | $4,626 | $569,800 | $113,960 | $455,840 |
| 2023 | $4,626 | $330,500 | $66,100 | $264,400 |
| 2022 | $3,208 | $330,500 | $66,100 | $264,400 |
| 2021 | $5,708 | $0 | $0 | $0 |
| 2020 | $5,708 | $0 | $0 | $0 |
| 2019 | $5,494 | $0 | $0 | $0 |
| 2018 | $3,290 | $0 | $0 | $0 |
| 2017 | $3,290 | $0 | $0 | $0 |
| 2016 | $3,290 | $0 | $0 | $0 |
| 2015 | $4,090 | $0 | $0 | $0 |
| 2014 | -- | $305,200 | $53,800 | $251,400 |
| 2012 | -- | $18,880 | $5,682 | $13,198 |
Source: Public Records
Agents Affiliated with this Home
-
Michael McCann
-
Melissa Knights Munaco
M
Buyer's Agent in 2024
Melissa Knights Munaco
Compass RE
(215) 370-6613
1 in this area
14 Total Sales
Map
Similar Homes in Philadelphia, PA
Source: Bright MLS
MLS Number: PAPH2304288
APN: 461001900
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