NOT LISTED FOR SALE

Estimated Value: $327,000

-- Bed
1 Bath
-- Sq Ft
1,088 Sq Ft Lot

Last Sold May 16, 2024

Last sale price $350,000

Est. 7% decrease in value since last sale

Current estimated payment $1,727/month

253 Days on Market

Highlights

  • New Construction
  • 1-minute walk to 56Th Street
  • Property is in excellent condition
  • Contemporary Architecture
  • Forced Air Heating and Cooling System

About This Home

As of May 2024

Step into sophistication with 21 S 56th Street, a newly constructed retail and multi-family gem nestled in the vibrant heart of Cobbs Creek, mere blocks from the chic enclaves of Garden Court and Walnut Hill in West Philadelphia.

This property doesn’t just promise, it delivers. Two meticulously designed apartments, each boasting two bedrooms, one bathroom, private outdoor decks, and a suite of the latest amenities and finishes, set the stage for elevated living.

The first-floor retail/office space is nothing short of expansive, with a full unfinished basement, boasting soaring ceilings and an egress window, paving the way for future expansion. The capacious rear yard adds a touch of grandeur, perfect for exclusive private functions.

Wide plank wood replica flooring exudes luxury, complemented by contemporary full kitchens and baths that showcase high-quality craftsmanship. Large windows flood each space with natural light, epitomizing modern sophistication.

Every apartment comes equipped with central heating and cooling systems, as well as its own washer and dryer hookups. Don’t just settle for the ordinary; choose 21 S 56th Street for a lifestyle of elevated elegance.

Last Agent to Sell the Property

Jonathan Tori

(267) 688-3791 jmtori@addisonre.com Addison Real Estate Company Inc Listed on: 07/24/2023

Last Buyer's Agent

Todd Bouchard

(609) 440-6511 todd.bouchard@cbrealty.com Coldwell Banker Realty License #RS364277

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $187

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 1,088 Sq Ft Lot
  • Lot Dimensions are 16.00 x 68.00
  • Property is in excellent condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Contemporary Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Concrete Perimeter Foundation

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 103
  • Assessor Parcel Number 604204400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$187

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: Yes
  • Year Built: 2023
  • Automatically Close On Close Date: No
  • Special Features: NewHome

Interior Features

  • Foundation Details: Concrete Perimeter
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Frame
  • Construction Completed: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.02
  • Lot Dimensions: 16.00 x 68.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1088.00
  • Property Condition: Excellent
  • Zoning: CMX2

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 102.00
  • Tax Annual Amount: 187.00
  • Assessor Parcel Number: 604204400
  • Tax Lot: 103
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2023
Closed on
May 13, 2024
Sold by
Mjs Real Estate Llc
Bought by
Ho Raymond
Seller's Agent
Jonathan Tori
Addison Real Estate Company Inc
Buyer's Agent
Todd Bouchard
Coldwell Banker Realty
List Price
$425,000
Sold Price
$350,000
Premium/Discount to List
-$75,000
-17.65%
Views
45
Current Estimated Value
$327,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,000
Avg. Annual Appreciation
-4.58%
Original Mortgage
$357,525
Outstanding Balance
$352,454
Interest Rate
6.82%
Mortgage Type
VA
Estimated Equity
-$25,454

Purchase Details

Closed on
Sep 20, 2018
Sold by
1962 Park Llc
Bought by
Mjs Real Estate Llc

Purchase Details

Closed on
Jul 12, 2017
Sold by
Green Curvin Bruce
Bought by
1962 Park Llc

Purchase Details

Closed on
Sep 15, 1959
Bought by
Green Curvin
Source: Public Records

Range of Values:

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Average Value
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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
Ho Raymond $350,000 American Legal Abstract
Mjs Real Estate Llc $30,000 None Available
1962 Park Llc $3,700 None Available
Green Curvin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ho Raymond $357,525
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2024 05/16/24 Sold $350,000 -12.5% --
04/02/2024 04/02/24 Pending -- -- --
12/12/2023 12/12/23 Price Changed $399,900 -5.9% --
07/24/2023 07/24/23 For Sale $425,000 -- --
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 $188 $31,200 $31,200 --
2024 $188 $31,200 $31,200 --
2023 $188 $13,400 $13,400 $0
2022 $188 $13,400 $13,400 $0
2021 $188 $0 $0 $0
2020 $188 $0 $0 $0
2019 $188 $0 $0 $0
2018 $188 $0 $0 $0
2017 $398 $0 $0 $0
2016 $398 $0 $0 $0
2015 $592 $0 $0 $0
2014 -- $44,200 $5,222 $38,978
2012 -- $4,544 $1,845 $2,699
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2260970

Bright MLS

APN: 604204400