NOT LISTED FOR SALE

1214 N 5th St Philadelphia, PA 19122

Olde Kensington Neighborhood

Estimated Value: $554,000 - $986,038

-- Bed
4 Baths
3,270 Sq Ft
$247/Sq Ft Est. Value

Last Sold May 04, 2015

Last sale price $465,000 $142 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $5,121/month

63 Days on Market

Highlights

  • Wood Flooring
  • En-Suite Primary Bedroom
  • Ceiling Fan
  • No HOA
  • Central Air
  • 5-minute walk to Thomas Hart Park

About This Home

As of May 2015

Quad-plex apartment available in the burgeoning area 1 block North of Northern Liberties. This is a rare opportunity since the available inventory of multi-family residential and mixed use homes in this neighborhood is low. This property can be a great income producing endeavor for an investor or an owner occupant. There is a commercial unit and 3 residential units including 2 one bedrooms units and 1 two bedroom unit. All are in move in condition. Interior features include updated kitchens and baths, hard wood floors, open layouts, laundry and some exposed brick features. Amazing location and in a very desired location.

Last Agent to Sell the Property

Christopher Somers

KW Empower License #RS278328 Listed on: 01/19/2015

KW Empower

Co-Listed By

STEPHANIE SOMERS

KW Empower

Last Buyer's Agent

Kirk Waechter

BHHS Fox & Roach-Center City Walnut License #TREND:60010980

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,608

Year Built

  • Built in 1915

Lot Details

  • 2,175 Sq Ft Lot
  • Lot Dimensions are 20x100
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 3,270 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile or Brick

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 871098200

Community Details

Overview

  • No Home Owners Association
  • Olde Kensington Subdivision

Additional Features

  • Laundry Facilities
  • Operating Expense $1,608

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,608

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Flooring Type: Wood, Tile/Brick
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Common
  • Total Sq Ft: 3270
  • Living Area Sq Ft: 3270
  • Price Per Sq Ft: 145.26
  • Above Grade Finished Sq Ft: 3270
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1214

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Land Use Code: Y50
  • Lot Size Acres: 0.05
  • Lot Dimensions: 20X100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2175.00
  • Property Condition: Good
  • Zoning: CMX2

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Single Room Units Count: 1

Tax Info

  • Tax Annual Amount: 1608.00
  • Assessor Parcel Number: 871098200
  • Tax Lot: 11
  • Tax Year: 2015
  • Close Date: 05/04/2015

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2015
Closed on
May 4, 2015
Sold by
Lange Claire L and Lange Claire H
Bought by
Merkulow Oleksandr
Seller's Agent
Christopher Somers
KW Empower
Buyer's Agent
Kirk Waechter
BHHS Fox & Roach-Center City Walnut
List Price
$499,900
Sold Price
$465,000
Premium/Discount to List
-$34,900
-6.98%
Current Estimated Value
$803,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,561
Avg. Annual Appreciation
4.90%

Purchase Details

Listed on
Jan 19, 2015
Closed on
Apr 17, 2015
Sold by
Lange Russell
Bought by
Lange Rusell and Lange Claire H
Seller's Agent
Christopher Somers
KW Empower
Buyer's Agent
Kirk Waechter
BHHS Fox & Roach-Center City Walnut
List Price
$499,900
Sold Price
$465,000
Premium/Discount to List
-$34,900
-6.98%

Purchase Details

Closed on
Dec 21, 2012
Sold by
Keystone Contractual Serivces Llc
Bought by
L And M Real Estate Developments Llc

Purchase Details

Closed on
Nov 28, 2001
Sold by
Dejesus Angel
Bought by
Lange Russell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.91%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Merkulow Oleksandr $465,000 Attorney
Lange Rusell -- Attorney
L And M Real Estate Developments Llc $215,000 None Available
Lange Russell $1,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merkulov Oleksandr $550,000
Previous Owner Lange Russell $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2015 05/04/15 Sold $465,000 -7.0% $142 / Sq Ft
03/23/2015 03/23/15 Pending -- -- --
01/19/2015 01/19/15 For Sale $499,900 -- $153 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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 $8,669 $624,000 $124,800 $499,200
2024 $8,669 $624,000 $124,800 $499,200
2023 $8,669 $619,300 $123,800 $495,500
2022 $7,433 $619,300 $123,800 $495,500
2021 $7,433 $0 $0 $0
2020 $7,433 $0 $0 $0
2019 $7,433 $0 $0 $0
2018 $5,728 $0 $0 $0
2017 $5,728 $0 $0 $0
2016 $1,680 $0 $0 $0
2015 $1,608 $0 $0 $0
2014 -- $196,200 $20,000 $176,200
2012 -- $12,800 $3,840 $8,960
Source: Public Records

Agents Affiliated with this Home

  • Christopher Somers

    Seller's Agent in 2015

    Christopher Somers

    KW Empower

    (267) 987-4443

    37 in this area

    622 Total Sales

    Section Image
  • STEPHANIE SOMERS

    Seller Co-Listing Agent in 2015

    STEPHANIE SOMERS

    KW Empower

    (215) 694-3707

    1 in this area

    85 Total Sales

    Section Image

  • K

    Buyer's Agent in 2015

    Kirk Waechter

    BHHS Fox & Roach

See All Agents

Map

Source: Bright MLS

MLS Number: 1002523300

Bright MLS

APN: 182271910

Pennsylvania Philadelphia County Philadelphia 19122 Olde Kensington

1214 N 5th St, Philadelphia, PA

This home is located at 1214 N 5th St, Philadelphia, PA 19122 since 19 January 2015 and is currently estimated at $808,679, approximately $247 per square foot. This property was built in 1915. 1214 N 5th St is a home located in Philadelphia County with nearby schools including James R. Ludlow School, Penn Treaty School, and Young Scholars Charter School.

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