$3,320,000
SOLD DEC 30, 2024
-- Bed
-- Bath
-- Sq Ft
1,417 Sq Ft Lot

Recently Sold

14% Below List Price

130 Days on Market

Highlights

  • New Construction
  • 3-minute walk to Lancaster Avenue And 40Th Street
  • Property is in very good condition
  • Exterior Cameras
  • Central Heating and Cooling System
  • 3-minute walk to Vidas Athletic Complex

About This Home

As of December 2024

Investor Alart! This is the package for 530/532/534 N preston st located at University City. Each building has 15 students efficiency. Every efficiency has own Kitchen and bathroom. Laundry area located in the hallway of each level. Zoning is CMX-2. 85% occupied. 10 years tax abatment approved. 6 mins drive to Upenn and 5 mins drive to Drexel University. Welcome to show to your client?

Last Agent to Sell the Property

Hongyan Li

Homelink Realty License #RSR002373

Last Buyer's Agent

Hongyan Li

Homelink Realty License #RSR002373

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $487

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 1,417 Sq Ft Lot
  • Lot Dimensions are 17.00 x 85.00
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Studio
  • Flat Roof Shape
  • Brick Exterior Construction

Laundry

  • Electric Dryer
  • Washer

Home Security

  • Exterior Cameras
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Utilities

  • Central Heating and Cooling System
  • 200+ Amp Service
  • Electric Water Heater

Additional Features

  • Finished Basement

Community Details

  • 3 Units
  • 4-Story Building

Listing and Financial Details

  • The owner pays for all utilities, insurance, common area maintenance, repairs, real estate taxes, trash collection
  • Tax Lot 28
  • Assessor Parcel Number 061195600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$487

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Ownership: Fee Simple
  • Exclusions: Tenant personal belongings
  • Inclusions: all appliances in "as-is" condition.
  • New Construction: Yes
  • Year Built: 2020
  • Automatically Close On Close Date: No
  • Remarks Public: Investor Alart! This is the package for 530/532/534 N preston st located at University City. Each building has 15 students efficiency. Every efficiency has own Kitchen and bathroom. Laundry area located in the hallway of each level. Zoning is CMX-2. 85% occupied. 10 years tax abatment approved. 6 mins drive to Upenn and 5 mins drive to Drexel University. Welcome to show to your client。
  • Special Features: NewHome

Interior Features

  • Appliances: Dryer - Electric, Washer
  • Interior Amenities: Studio
  • Fireplace: No
  • Room Count: 15
  • Basement: Yes
  • Basement Type: Fully Finished
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 530

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Roof: Flat
  • Spa: No
  • 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
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Security: Carbon Monoxide Detector(s), Exterior Cameras, Smoke Detector, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Sewer Available, Water Available
  • Water Source: Public
  • Internet Services: Fixed Wireless

Schools

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

Lot Info

  • Land Use Code: SC
  • Lot Size Acres: 0.03
  • Lot Dimensions: 17.00 x 85.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1417.00
  • Property Condition: Very Good
  • Year Assessed: 2024
  • Zoning: CMX-2

Rental Info

  • Ground Rent Exists: No
  • Owner Pays: All Utilities, Insurance, Common Area Maintenance, Repairs, Taxes - Real Estate, Trash Collection
  • Units Furnished: Some
  • Vacation Rental: No

Tax Info

  • School Tax: 272.00
  • Tax Annual Amount: 487.00
  • Assessor Parcel Number: 061195600
  • Tax Lot: 28
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 12/30/2024

Multi Family

  • Single Room Units Count: 15

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2024 12/30/24 Sold $3,320,000 -9.0% --
06/15/2024 06/15/24 Pending -- -- --
03/11/2024 03/11/24 Price Changed $3,650,000 -5.2% --
02/06/2024 02/06/24 For Sale $3,850,000 -- --
Source: Bright MLS

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 $487 $1,100,000 $220,000 $880,000
2024 $487 $74,900 $74,900 --
2023 $487 $34,800 $34,800 $0
2022 $162 $34,800 $34,800 $0
2021 $162 $0 $0 $0
2020 $162 $0 $0 $0
2019 $162 $0 $0 $0
2018 $162 $0 $0 $0
2017 $162 $0 $0 $0
2016 -- $0 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,499,000 Credit Line Revolving
Closed $2,499,000 Credit Line Revolving
Source: Public Records

Deed History

Date Type Sale Price Title Company
Deed $3,332,000 None Listed On Document
Deed $3,332,000 None Listed On Document
Deed $750,000 None Available
Deed $600,000 None Available
Source: Public Records

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Source: Bright MLS

MLS Number: PAPH2313578

Bright MLS

APN: 061195600