4614 Spruce Street
4614 Spruce Street
Active Under Contract
Active Under Contract
Description
Estimated Cost of Construction ($150/sf): $1,425,000 Purchase Price: $599k
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Estimated Project Cost: $2,450,000 Projected Gross Rents: $231,600 Estimated NOI: $187,997 The subject property is in the Garden Court neighborhood of University City, Philadelphia, which has long been a desirable location and is seeing a boom of high-end mid-rise developments. This property's existing 3,360 sqft structure is a beautiful Victorian with gorgeous brickwork. Plans call for a large addition on the rear of the building to bring the completed project to approximately 9500 sqft, with a mix of 1 to 3 bedroom units. The unit layouts have been designed to optimize the achievable rents per square foot. Most units offer private outdoor space while the larger units feature multiple private outdoor spaces, large primary suites with tubs and showers, walk-in closets. One of the showpiece ‘owner’s units’ boasts a large kitchen surrounded by sliding glass doors that lead to a large wrap-around terrace. All calculations and figures are estimates and are not a guarantee of terms, values, or costs
- Listed by Steve Burke Jr. • Tesla Realty Group, LLCP: 2674710443 getpaidwithsteve@gmail.com
Property Details for 4614 Spruce Street
Location
Property Details for 4614 Spruce Street
| Status | Active Under Contract |
|---|---|
| MLS # | PAPH2338530 |
| Days on Market | 15 |
| Taxes | $6,356 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Townhouse |
| MLS Type | Residential / Fee Simple |
| Year Built | 1904 |
| Lot Size | 0.08 AC / 3,413 SF |
| County | Philadelphia County |
Location
Building Information for 4614 Spruce Street
Payment Calculator
$3,799 per month
30 year fixed, 7.25% Interest
$3,269
$530
$0
Property Information for 4614 Spruce Street
- School District Name: PHILADELPHIA CITY
- School District County ID: 802785881492
- SchoolDistrictSource: Listing Agent
- County: PHILADELPHIA
- MLS Area: 19139 (19139)
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
- Senior Community: No
- Tax Year: 2022
- Tax Assessed Value: $454,100
- Year Assessed: 2023
- County Tax: $0
- Improvement Assessed Value: $363,280
- City Town Tax: $2,868
- Land Assessed Value: $90,820
- Clean Green Assessed: No
- Land Use Code: N70
- Zoning: RM1
- Tax Lot: 50
- School Tax: $3,487
- Automatically Update Tax Values Y/N: Yes
- # Bedrooms Count Main Level: 0
- # Bathrooms Count Main Level: 0
- # Bathrooms Full Main Level: 0
- # Bedrooms Count All Upper Levels: 6
- # Bathrooms Count All Upper Levels: 2
- # Bathrooms Full All Upper Levels: 2
- # Bedrooms Count Upper Level: 3
- # Bathrooms Count Upper Level: 1
- # Bathrooms Full Upper Level: 1
- # Bedrooms Count Upper Level: 3
- # Bathrooms Count Upper Level: 1
- # Bathrooms Full Upper Level: 1
- Stories: Main, Upper 1, Upper 2
- Total Finished SQFT: 3,360.00
- Total Finished SQFT Source: Assessor
- Tax Total Finished SQFT: 3,360.00
- Total SQFT: 3,360.00
- Total SQFT Source: Assessor
- Construction Materials: Masonry
- Basement Type: Poured Concrete
- Foundation Details: Slab
- Room and Floor: Bedrooms-Upper Level 1-1, Bedrooms-Upper Level 1-2, Bedrooms-Upper Level 1-3, Bathrooms Full-Upper Level 1-1, Bedrooms-Upper Level 2-1, Bedrooms-Upper Level 2-2, Bedrooms-Upper Level 2-3, Bathrooms Full-Upper Level 2-1
- # Bathrooms Full: 2
- Lot Size Source: Assessor
- Lot Size Dimensions: 21.00 x 160.00
- Lot Dimensions Source: Assessor
- Parcel ID: 1214579
- Type Of Parking: On Street
- Fireplace: No
- Accessibility Features: None
- Pool: No Pool
- Other Structures: Above Grade, Below Grade
- Heating: Yes
- Cooling Type: None
- Cooling Fuel: None
- Heating Type: Radiator
- Heating Fuel: Natural Gas
- Hot Water: Electric
- Water Source: Public
- Sewer Septic: Public Sewer
- List Agent AOR: Bucks County Association of REALTORS
Property History for 4614 Spruce Street
| Date | Event & Source | Price | Appreciation |
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| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4614 Spruce Street
Schools near 4614 Spruce Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Lea Henry C School PublicPK to 8 | ||
West Philadelphia High School Public9 to 12 | ||
The Workshop School Public9 to 12 | ||
Paul Robeson High School For Human Services 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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Listing Courtesy of Tesla Realty Group, LLC
Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board 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, Greator Scranton Board 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.