264 West Walnut Lane

Philadelphia, PA 19144

$945,000
Price
Beds
7,601 Sq. Ft.
$124 / Sq. Ft.
7,601
Sq. Ft.
$124
per Sq. Ft.

Property Details for 264 West Walnut Lane

StatusActive Under Contract
MLS #PAPH796284
Year Built1895
DOM150
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Lot Size0.27 AC / 11,637 SF
Taxes$5,433 / year
Condo/Co-op Fees-
HOA Fees-
CountyPhiladelphia County

Listing Agent

Christopher Plant

Elfant Wissahickon-Chestnut Hill

cplant@elfantwissahickon.com

P: 215.247.3600

Contact Agent(s)

Property Details for 264 West Walnut Lane

Municipality
PHILADELPHIA
Ownership
Fee Simple
Style
Traditional
Structure Type
Detached
County Name
PHILADELPHIA PA

Description

This well-maintained 6(six) unit Queen Anne Victorian property is an incredible example of what owning a historic multi-family home in the Tulpehocken Station Historic District can be like. This large home was built in 1895 and designed by architects G. W. and W. D. Hewitt with gorgeous original details in abundance but has been tastefully updated where necessary. Generating a net income of $70,300 per year, this property boasts 3x1-bedrooms apartment, 2x2-bedroom apartment and a first floor studio... apartment. Based off of a strong central carpeted stair and corridor, 5 of the 6 units enter from a main shared entrance while the "Owners'" Unit has a private entrance accessed from a beautiful covered deck. All units have hardwood floors. Each unit is separately metered for gas and electric and tenants pay for internet and cable as well. Coin operated laundry in the basement. The generous setback from the street and the deep front and side porches give this majestic property the feel of a single family home with privacy and grace. Schedule your showing now. Listing agent must accompany. This is an absolute gem of a property with amazing stewardship, great architectural detail and a fantastic outside property.

Location

Listing Courtesy of Elfant Wissahickon-Chestnut Hill

Building Information for 264 West Walnut Lane

Stories-Residences4Year Built1895Building Size-Lot Size0.27 AC / 11,637 SF

Payment Calculator

$3,852 per month

30 year fixed, 3.51% Interest

Principal and Interest

$3,399

Property Taxes

$453

HOA Dues

$0

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Property Information for 264 West Walnut Lane

Listing / Compensation / Market Information
    Listing Information
  • Buyer Agent Full Name: Patrick Walsh (3185690)
  • Selling Agent Full Name: Patrick Walsh
  • Listing Agent MLS ID: 3173934
  • Selling Agent MLS ID: 3185690
  • List Agent Full Name: Christopher Plant (3173934)
  • List Agents: Christopher Plant (3173934)
  • Buyer Agents: Patrick Walsh (3185690)
  • Listing Agent Full Name: Christopher Plant
Rental Info
    Rental Info
  • Rent Control: No
Interior / Building / Parking / Property Information
    Interior Details
  • Virtual Tour URL Unbranded: http://tours.edbergsolutions.com/ue/OYLpG
  • Tax Total Finished SQFT: 7601
  • Above Grade Fin SQFT: 7601
  • Above Grade Finished Area Units: Square Feet
  • Total Finished SQFT: 7601
    Interior Features
  • Fireplaces Count: 0
  • Central Air: No
  • Cooling Type: None
  • Heating: Yes
  • Heating Type: Radiator
    Parking Information
  • Garage: No
  • Type Of Parking: On Street
    Pool / Spa Information
  • Pool: No Pool
    Location Information
  • Directions: Wayne ave to walnut ln
  • MLS Area: 19144 (19144)
  • Sub System Locale: BRIGHT_MAIN
  • System Locale: BRIGHT
  • Tidal Water: No
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Waterfront: No
    School Information
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
    Building Information
  • Accessibility Features: None
  • Building Units Total: 4
  • Construction Materials: Masonry
  • New Construction: No
  • Other Structures: Above Grade, Below Grade
  • Roof: Architectural Shingle, Slate, Shingle
    Green Information
  • Clean Green Assessed: No
    Association Information
  • HOA: No
    Unit Information
  • One Bedroom Units Count: 3
  • Single Room Units Count: 1
  • Three Bedroom Units Count: 0
  • Two Bedroom Units Count: 2
  • Units Leased Count: 6
    Income / Expense Information
  • Gross Income: $93,096
  • Net Operating Income: $70,067
  • Annual Rental Income: $70,067
    Property Information
  • Property Type: Multi-Family
  • Land Use Code: CA0
  • Lot Size Dimensions: 50.64 x 229.81
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • Lot SQFT: 11637
  • Lot Size Acres: .27
  • Navigable Water: No
  • Zoning: RSA1
  • Age: 1895.0
    Utilities Information
  • Cooling Fuel: Natural Gas
  • Electric Service: 440 Volts
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Sewer Septic: Public Sewer
  • Water Source: Public
Room Information
    Basement
  • Below Grade Fin SQFT: 0
  • Below Grade Fin SQFT Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Below Grade Unfin Area Units: Square Feet
  • Below Grade Unfin SQFT: 0
  • Below Grade Unfin SQFT Source: Assessor
Tax / Assessment / Sale Information
    Tax / Assessment Information
  • City Town Tax: $2,452
  • County Tax: $0
  • School Tax: $2,981
  • Tax Annual Amount: $5,433
  • Tax Lot: 61
  • Tax Year: 2019
  • Tax ID Number: 881211255
  • Year Assessed: 2019
  • Improvement Assessed Value: $291,075
  • Land Assessed Value: $97,025
  • Tax Assessed Value: $388,100
    Sale Information
  • Acceptable Financing: Cash, Conventional
  • Exclusions: TBD
  • Home Warranty: No
  • Inclusions: TBD
  • Possession: Immediate
  • Prospects Excluded: No
  • Sale Type: Standard
  • Vacation Rental: No

Property History for 264 West Walnut Lane

DateEvent & SourcePriceAppreciation
Sep 27, 2019Active Under Contract

BRIGHT #PAPH796284

May 31, 2019Expired

BRIGHT #1005024472

$899,000
May 11, 2019Listed (Active)

BRIGHT #PAPH796284

$945,000
DateEvent & SourcePrice
09/27/2019
Active Under Contract

BRIGHT #PAPH796284

05/31/2019
Expired

BRIGHT #1005024472

$899,000
05/11/2019
Listed (Active)

BRIGHT #PAPH796284

$945,000

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

Public Records for 264 West Walnut Lane

Taxable ValueLand$97,025Additions$291,075Total$388,100
Tax Record2019$5,432
Home Facts
Finished Sq.Ft.7,601 SqFtStories3Lot Size11,637 SqFtStyleMulti-Family Res (5+ Units)Year Built1930ZoningRSA1CountyPHILADELPHIAAPN881211255

Schools near 264 West Walnut Lane

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Green Tree School & ServicesPrivateK-120.2 mi
NR
Lingelbach Anna L SchoolPublicK-80.4 mi
2
Germantown High SchoolPublic9-120.5 mi
NR
Greene Street Friends SchoolPrivatePK-80.5 mi
NR

Green Tree School & Services

K-12, 0.2 mi, Private

NR

Lingelbach Anna L School

K-8, 0.4 mi, Public

2

Germantown High School

9-12, 0.5 mi, Public

NR

Greene Street Friends School

PK-8, 0.5 mi, Private

NR

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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Elfant Wissahickon-Chestnut Hill
The data relating to real estate for sale on this Virtual Office Website is provided in part, by BRIGHT through a licensing agreement. This website may reference real estate listing(s) held by a brokerage firm other than Compass. The information provided by this website is for the personal, non-commercial use of consumers with whom Compass has first established a broker-consumer relationship (as defined by applicable state law) and may not be used for any purpose other than to identify prospective properties such persons may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals. The data contained herein is copyrighted by BRIGHT and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. © 2019 BRIGHT MLS, All Rights Reserved. All rights reserved.