Seller's Agent in 2023
Reda Akbil
Compass RE
(267) 435-8015
1 in this area
160 Total Sales
4633 Walnut St Philadelphia, PA 19139
Walnut Hill NeighborhoodEstimated Value: $753,186 - $806,000
--
Bed
1
Bath
2,794
Sq Ft
$279/Sq Ft
Est. Value
Highlights
- Wall Furnace
- 4-minute walk to 46Th Street
- 1-minute walk to Walnut Hill Community Playground
About This Home
As of September 20234633 walnut st is a very well maintained 4 unit Multi-family building with 5 years in Tax abatement, comprised of :
Studio/1bath : Rented for $1,015/Month
2bed/2bath: Rented for $1,755/M
2bed/1bath: $1,395/M
2bed/1bath: Vacant, previously leased at $1,285/M
This incredible, income-producing property has just undergone an extensive renovation in the last few years and is ready for new ownership and ready to provide years and years of steady revenue. It is Currently generating $5,400/Month with room for rent increases.
Featured prominently are hardwood floors, recessed lighting, neutral paint and crisp white trim. Each kitchen has durable granite countertops, stone backsplashes, ample cabinetry, and stainless steel appliances, including a microwave and a dishwasher (no dishwasher in studio unit). Each bathroom is kept bright with neutral ceramic tiling and contemporary fixtures. Every unit contains dedicated laundry facilities and energy-efficient mini split systems for both heating and cooling. The front of the property has a large yard and the backyard features a deck and a parking spot (rented with one of the units). Mere blocks from the Market-Frankford El (7-minute ride to City Hall), bus lines on Baltimore Ave, Clark Park, UPenn, Drexel and USciences, this property will rent consistently for years to come. Tenants have recently been secured for three of the four units as follows The property has about 5 years left in TAX ABATEMENT.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,454
Year Built
- Built in 1925
Lot Details
- 1,890 Sq Ft Lot
- Lot Dimensions are 16.00 x 115.00
Home Design
- 2,794 Sq Ft Home
- Quadruplex
- Masonry
Utilities
- Ductless Heating Or Cooling System
- Wall Furnace
- Electric Water Heater
Community Details
- 4 Units
- Walnut Hill Subdivision
Listing and Financial Details
- Tax Lot 139
- Assessor Parcel Number 601041500
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 28, 2023
Closed on
Sep 13, 2023
Sold by
4633 Walnut St Llc
Bought by
Li Wen Xin
Seller's Agent
Reda Akbil
Compass RE
Buyer's Agent
Reda Akbil
Compass RE
List Price
$865,000
Sold Price
$700,000
Premium/Discount to List
-$165,000
-19.08%
Total Days on Market
42
Views
57
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
$79,593
Avg. Annual Appreciation
10.35%
Purchase Details
Listed on
Apr 3, 2018
Closed on
May 2, 2018
Sold by
4633 Walnut Street Partners Llc
Bought by
4633 Walnut St Llc
Seller's Agent
ASHLEY SANTEE
Houwzer, LLC
Buyer's Agent
KATRINA MINK
Compass RE
List Price
$650,000
Sold Price
$650,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.39%
Purchase Details
Listed on
May 25, 2016
Closed on
Oct 13, 2016
Sold by
Carter Brian and Gamble Regina E
Bought by
4633 Walnut Street Partners Llc
Seller's Agent
Joseph Catroppa
BHHS Fox & Roach-Center City Walnut
Buyer's Agent
Joseph Catroppa
BHHS Fox & Roach-Center City Walnut
List Price
$119,900
Sold Price
$115,000
Premium/Discount to List
-$4,900
-4.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
205.70%
Purchase Details
Closed on
May 20, 2014
Sold by
Carter Brian and Chaderton Pauline
Bought by
Carter Brian
Purchase Details
Closed on
Jan 22, 1993
Bought by
Chaderton Pauline Tr
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 |
|---|---|---|---|
| Li Wen Xin | $700,000 | None Listed On Document | |
| 4633 Walnut St Llc | $650,000 | First Platinum Abstract Llc | |
| 4633 Walnut Street Partners Llc | $115,000 | None Available | |
| Carter Brian | -- | None Available | |
| Chaderton Pauline Tr | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | 4633 Walnut Street Partners Llc | $270,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/19/2023 09/19/23 | Sold | $700,000 | -19.1% | $251 / Sq Ft |
| 08/10/2023 08/10/23 | Pending | -- | -- | -- |
| 06/28/2023 06/28/23 | For Sale | $865,000 | +33.1% | $310 / Sq Ft |
| 05/04/2018 05/04/18 | Sold | $650,000 | 0.0% | $233 / Sq Ft |
| 04/07/2018 04/07/18 | Pending | -- | -- | -- |
| 04/03/2018 04/03/18 | For Sale | $650,000 | +465.2% | $233 / Sq Ft |
| 10/14/2016 10/14/16 | Sold | $115,000 | -4.1% | $53 / Sq Ft |
| 05/31/2016 05/31/16 | Pending | -- | -- | -- |
| 05/25/2016 05/25/16 | For Sale | $119,900 | -- | $55 / 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 | $4,454 | $1,017,200 | $203,440 | $813,760 |
| 2024 | $4,454 | $1,017,200 | $203,440 | $813,760 |
| 2023 | $4,454 | $685,800 | $137,160 | $548,640 |
| 2022 | $2,882 | $318,211 | $137,160 | $181,051 |
| 2021 | $2,882 | $0 | $0 | $0 |
| 2020 | $2,882 | $0 | $0 | $0 |
| 2019 | $2,806 | $0 | $0 | $0 |
| 2018 | $3,736 | $0 | $0 | $0 |
| 2017 | $3,736 | $0 | $0 | $0 |
| 2016 | $3,736 | $0 | $0 | $0 |
| 2015 | $5,063 | $0 | $0 | $0 |
| 2014 | -- | $377,800 | $59,717 | $318,083 |
| 2012 | -- | $7,232 | $1,446 | $5,786 |
Source: Public Records
Agents Affiliated with this Home
-
Reda Akbil
-
A
Seller's Agent in 2018
ASHLEY SANTEE
Houwzer
-
KATRINA MINK
Buyer's Agent in 2018
KATRINA MINK
Compass RE
(267) 258-3891
40 Total Sales
-
Joseph Catroppa
Seller's Agent in 2016
Joseph Catroppa
BHHS Fox & Roach
(215) 432-6350
63 Total Sales
Map
Similar Homes in Philadelphia, PA
Source: Bright MLS
MLS Number: PAPH2250612
APN: 601041500
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