795 South 3rd Street

Closed 3/31/12
Closed 3/31/12
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Sold
Last Sold Price
$530,000
2 beds2 baths2,600 sqft
795 S 3rd St, Philadelphia, PA 19147
Multi FamilyProperty Type
0.02 acresLot Size
1915Year Built
$204/sq ftPrice per sq ft

Description

Prominent corner property w/ renowned "Dimitri's" restaurant as 1st flr tenant w/ the use of the entire bsmt as a clean preparation & storage area. The 2nd and 3rd flrs consist of 2 lg 1 BR apartments w/ a separate entrance on Catharine St that could be converted into a spectacular BiLevel apt w/ a roofdeck. This property represents a unique investment opportunity as an income producing property as well as an owner occupied residence w/ rental income and/or business. Current rental income is: 1st...Prominent corner property w/ renowned "Dimitri's" restaurant as 1st flr tenant w/ the use of the entire bsmt as a clean preparation & storage area. The 2nd and 3rd flrs consist of 2 lg 1 BR apartments w/ a separate entrance on Catharine St that could be converted into a spectacular BiLevel apt w/ a roofdeck. This property represents a unique investment opportunity as an income producing property as well as an owner occupied residence w/ rental income and/or business. Current rental income is: 1st Flr: 3,000, 2nd Flr: 1050, 3rd Flr: 895. Please note Heat is included in the rent. 2nd & 3rd Flr unit pays for their cooking gas & electric. There is one heater for the building. The property has oil heat-250 a month average. The heating bill is an arrangement the owner has w/the Restaurant (they each pay half of the heat). Likewise, the restaurant pays the hall lighting. There is no house meter. Fire system has just been upgraded & certified w/ the City. Insurance $3,500/Yearly. Water $300/M. Sq Ft includes Basement
  • Listed by: Kathleen V Conway 215.266.1537 kathy@conwayteam.com • BHHS Fox & Roach-Center City Walnut
  • Listed by: Patrick M Conway 215.266.1537 patrick@conwayteam.com • BHHS Fox & Roach-Center City Walnut
Listing closed: 03/31/2012 12:00 AM • Source: BRIGHT, MLS#: 1005466682

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Recent comparable sales

Median sold price

$515,000

Avg days on market

83

Sale-to-list ratio

92.9%

Philadelphia, PA

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$435,000 | 1838 South 7th Street, Philadelphia, PA 19148
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1838 South 7th Street, Philadelphia, PA 19148

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Listing Courtesy of BHHS Fox & Roach-Center City Walnut

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Property Information for 795 South 3rd Street

Property Details
  • Taxes: $5,735 / year
  • MLS Type: Multi-Family / Fee Simple
  • County: Philadelphia County
  • Tax ID Number: 022135200
  • Ownership: Fee Simple
  • Condo Coop Association: No
  • HOA: No
  • Structure Type: Interior Row/Townhouse
  • Style: Other
  • Waterfront: No
  • Garage: No
  • Subdivision: QUEEN VILLAGE
  • Subdivision: QUEEN VILLAGE (PHILADELPHIA PA)
  • Cross Street: CATHARINE
  • Municipality: PHILADELPHIA
  • Central Air: No
  • Basement: Yes
  • Above Grade Finished SQFT: 2,600.00
  • Above Grade Fin SQFT Source: Estimated
  • New Construction: No
  • Construction Completed: No
  • Property Condition: Good
Building Information
  • Stories: 2
  • Year Built: 1915
  • Lot Size: 0.02 AC / 768 SF
Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • County: PHILADELPHIA
  • MLS Area: 19147 (19147)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2012
  • Tax Assessed Value: $60,800
  • Improvement Assessed Value: $52,708
  • Land Assessed Value: $8,092
  • Land Use Code: Y50
  • Zoning: R10
  • Tax Lot: 62
Lease Information
Lease Information
  • Concessions: No
Unit Information
Unit Information
  • Other Units: Unit 1,Unit 2,Unit 3
Rooms
Rooms
  • Room List: Primary Bedroom
Rooms Information
Room 1
  • Room Type: Primary Bedroom
  • Room Level: Unspecified
  • Room Exists: Yes
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Beds Total: 0
  • Half Baths Count: 1
  • Full Baths Count: 0
  • Unit Type Baths Total: 1
  • Unit Type Features: MONTH TO MONTH
  • Total Rooms: 1
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Beds Total: 1
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
  • Total Rooms: 3
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Beds Total: 1
  • Half Baths Count: 1
  • Full Baths Count: 1
  • Unit Type Baths Total: 2
  • Unit Type Features: MONTH TO MONTH
  • Total Rooms: 3
Financial Information
Expenses
  • Annual Gross Expense: $5,735
Financial Information
  • Gross Income: $51,000
Building Info
Building Info
  • Total Finished SQFT: 2,600.00
  • Total SQFT: 2,600.00
Lot / Land Information
Lot / Land Information
  • Lot Size Dimensions: 16X48
  • Sign On Property: Yes
  • Parcel ID: 887368
Parking
Parking
  • Type Of Parking: On Street
  • Parking Features: Street, Rented/Permit Required
Interior Features
Interior Features
  • Interior Features: Store/Office
  • Fireplace: No
  • Accessibility Features: None
  • Laundry Type: None
Exterior Features
Exterior Features
  • Exterior Features: Sidewalks, Street Lights
  • Pool: No Pool
  • Other Structures: Above Grade
Utilities
Utilities
  • Utilities: Cable TV Available
  • Heating: Yes
  • Cooling Type: Wall Unit
  • Heating Type: Oil
  • Heating Fuel: Oil
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: 200+ Amp Service
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS

Property History for 795 South 3rd Street

DateEvent & SourcePriceAppreciation
Mar 31, 2012

Closed

BRIGHT #1005466682

$530,000—
Mar 29, 2012

Closed (Public Record)

Public Record #332461497

$530,000—
Feb 3, 2012

Pending

BRIGHT #1005466682

—
DateEvent & SourcePrice
03/31/2012

Closed

BRIGHT #1005466682

$530,000
03/29/2012

Closed (Public Record)

Public Record #332461497

$530,000
02/03/2012

Pending

BRIGHT #1005466682

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 795 South 3rd Street

Taxable ValueLand$85,600Additions$342,400Total$428,000
Tax Record2026$5,685 ($474 / month)
Home Facts
Total Finished SqFt2,088 SqFtAbove Grade Finished SqFt2,088 SqFtStories3Lot Size768 SqFtStyleMiscellaneous CommercialYear Built1915Year Renovated1915ZoningCMX1CountyPHILADELPHIAAPN87-1041950

Schools near 795 South 3rd Street

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Meredith William M School
Public - K to 8
Furness Horace High School
Public - 9 to 12
Academy At Palumbo
Public - 9 to 12
Constitution High School
Public - 9 to 12
Rating
School
Distance
Meredith William M School
PublicK to 8

Furness Horace High School
Public9 to 12

Academy At Palumbo
Public9 to 12

Constitution High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 795 South 3rd Street, Philadelphia, PA 19147
$530,000
2
2
2,600
768
793 South 3rd Street, Philadelphia, PA 19147
$575,000
3
3
2,004
768
241 Catharine Street, Philadelphia, PA 19147
–
–
1
840
640
791 South 3rd Street, Philadelphia, PA 19147
$115,000
4
1,600
800
239 Catharine Street, Philadelphia, PA 19147
$619,000
3
1,700
768
789 South 3rd Street, Philadelphia, PA 19147
$420,000
5
3
3,000
1,114

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Listing Courtesy of BHHS Fox & Roach-Center City Walnut

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.