NOT LISTED FOR SALE

1242 S 51st St Philadelphia, PA 19143

Kingsessing Neighborhood

Estimated Value: $349,575 - $456,000

-- Bed
-- Bath
2,850 Sq Ft
$147/Sq Ft Est. Value

About This Home

Historical Victorian building in West Philadelphia overlooking Kingsessing Park featuring 3 rentable units.

The building has a porch, backyard and 24/7 video camera security system that covers all entrances and common areas.

Tenants will have direct access to a well-maintained and thoughtful public outdoor space, featuring two tennis courts, four basketball courts, a semi-olympic swimming pool and picnic area.

The building is conveniently located close to Clark Park, University City, University of Pennsylvania, CHOP and the University of the Sciences. Accessibility to local light rail is on the block!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2018
Sold by
Madison Marla and Jeffers Bernard
Bought by
Acg 1242 S 51St St Llc
Current Estimated Value
$454,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Outstanding Balance
$202,617
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$249,278

Purchase Details

Closed on
Aug 21, 2003
Sold by
Madison Marla
Bought by
Madison Marla and Jeffers Bernard

Purchase Details

Closed on
Jul 3, 2002
Sold by
Hall Leroy and Hall Sadie
Bought by
Madison Marla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,100
Interest Rate
6.82%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Acg 1242 S 51St St Llc $225,000 None Available
Madison Marla $21,115 --
Madison Marla $49,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Acg 1242 South 51St Llc $50,000
Open Acg 1242 S 51St St Llc $230,000
Closed Acg 1242 South 51St Llc $230,000
Previous Owner Madison Marla $100,000
Previous Owner Madison Marla $44,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2025 02/10/25 Off Market -- -- --
01/30/2025 01/30/25 For Rent -- -- --

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 $5,477 $498,700 $99,700 $399,000
2024 $5,477 $498,700 $99,700 $399,000
2023 $5,477 $391,300 $78,260 $313,040
2022 $1,383 $391,300 $78,260 $313,040
2021 $1,383 $0 $0 $0
2020 $1,383 $0 $0 $0
2019 $1,205 $0 $0 $0
2018 $1,932 $0 $0 $0
2017 $1,932 $0 $0 $0
2016 $1,932 $0 $0 $0
2015 $1,849 $0 $0 $0
2014 -- $138,000 $5,690 $132,310
2012 -- $10,816 $1,884 $8,932
Source: Public Records

Map

Pennsylvania Philadelphia County Philadelphia 19143 Kingsessing

1242 S 51st St, Philadelphia, PA

This home is located at 1242 S 51st St, Philadelphia, PA 19143 and is currently estimated at $418,858, approximately $146 per square foot. 1242 S 51st St is a home located in Philadelphia County with nearby schools including Benjamin B. Comegys School, John Bartram High School, and Independence Charter School West.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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