NOT LISTED FOR SALE

2502 N 5th St Philadelphia, PA 19133

Norris Square Neighborhood

Estimated Value: $175,000 - $388,084

5 Beds
3 Baths
2,750 Sq Ft
$93/Sq Ft Est. Value

Last Sold September 21, 2020

Last sale price $120,000 $44 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $1,821/month

Highlights

  • Straight Thru Architecture
  • No HOA
  • 3-minute walk to Nelson Playground

About This Home

As of September 2020

Investor Special! Huge 3 story row home, situated on a large, 16x81 lot, in an area with high appreciation potential. Property was previously used as a boarding house and was set up with 5 bedrooms, 3 bathrooms, and 2 kitchens. Great opportunity for a savvy investor, don't sleep on this one!

Last Agent to Sell the Property

Christopher Somers

(267) 987-4443 thesomersteam@gmail.com KW Empower License #RS278328 Listed on: 03/09/2020

KW Empower

Co-Listed By

Nicholas Franco

(215) 520-2183 nick@thesomersteam.com KW Empower License #2190750

Last Buyer's Agent

Steven Lawrence

(301) 704-6410 steven.lawrence@exprealty.com EXP Realty, LLC License #RS346089

EXP Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $701

Year Built

  • Built in 1920

Lot Details

  • 1,296 Sq Ft Lot
  • Lot Dimensions are 16.00 x 81.00

Home Design

  • Straight Thru Architecture
  • Masonry

Interior Spaces

  • 2,750 Sq Ft Home
  • Property has 3 Levels
  • Unfinished Basement

Bedrooms and Bathrooms

Utilities

  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Kensington Subdivision

Listing and Financial Details

  • Tax Lot 124
  • Assessor Parcel Number 192219100

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$701

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: Investor Special! Huge 3 story row home, situated on a large, 16x81 lot, in an area with high appreciation potential. Property was previously used as a boarding house and was set up with 5 bedrooms, 3 bathrooms, and 2 kitchens. Great opportunity for a savvy investor, don't sleep on this one!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2750
  • Living Area Sq Ft: 2750
  • Price Per Sq Ft: 45.45
  • Above Grade Finished Sq Ft: 2750
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2502

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Upper Level 2 Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 37175.00
  • Land Assessed Value: 12925.00
  • Land Use Code: O50
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16.00 x 81.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1296.00
  • Year Assessed: 2020
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 991465
  • School Tax: 385.00
  • Tax Annual Amount: 701.00
  • Assessor Parcel Number: 192219100
  • Tax Lot: 124
  • Tax Total Finished Sq Ft: 1880
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 09/21/2020

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2020
Closed on
Aug 20, 2020
Sold by
Santiago Lilian
Bought by
Bowers Robert D
Seller's Agent
Christopher Somers
KW Empower
Buyer's Agent
Steven Lawrence
EXP Realty, LLC
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%
Current Estimated Value
$257,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,021
Avg. Annual Appreciation
16.31%
Original Mortgage
$204,811
Outstanding Balance
$182,168
Interest Rate
2.9%
Mortgage Type
Unknown
Estimated Equity
$74,853

Purchase Details

Closed on
Apr 16, 2003
Sold by
Tyrrell Enterprises Inc
Bought by
Monaco Gregory R and Monaco Gary M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
5.64%
Mortgage Type
Seller Take Back
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
Bowers Robert D $120,000 Liberty Title & Escrow Co
Monaco Gregory R $157,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowers Robert D $204,811
Closed Bowers Robert D $204,811
Previous Owner Monaco Gregory R $236,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2020 09/21/20 Sold $120,000 -4.0% $44 / Sq Ft
06/29/2020 06/29/20 Pending -- -- --
06/08/2020 06/08/20 For Sale $125,000 0.0% $45 / Sq Ft
03/22/2020 03/22/20 Pending -- -- --
03/09/2020 03/09/20 For Sale $125,000 -- $45 / 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 $5,437 $437,700 $87,540 $350,160
2024 $5,437 $437,700 $87,540 $350,160
2023 $1,236 $388,400 $77,700 $310,700
2022 $701 $88,300 $17,600 $70,700
2021 $701 $0 $0 $0
2020 $701 $0 $0 $0
2019 $918 $0 $0 $0
2018 $845 $0 $0 $0
2017 $858 $0 $0 $0
2016 $858 $0 $0 $0
2015 $1,049 $0 $0 $0
2014 -- $78,300 $6,091 $72,209
2012 -- $1,888 $377 $1,511
Source: Public Records

Agents Affiliated with this Home

  • Christopher Somers

    Seller's Agent in 2020

    Christopher Somers

    KW Empower

    (267) 987-4443

    53 in this area

    603 Total Sales

    Christopher Somers
    Section Image
  • Nicholas Franco

    Seller Co-Listing Agent in 2020

    Nicholas Franco

    KW Empower

    (215) 520-2183

    14 Total Sales

    Nicholas Franco
    Section Image
  • Steven Lawrence

    Buyer's Agent in 2020

    Steven Lawrence

    EXP Realty, LLC

    (301) 704-6410

    23 Total Sales

    Steven Lawrence
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAPH881222

Bright MLS

APN: 192219100

Pennsylvania Philadelphia County Philadelphia 19133 Norris Square

2502 N 5th St, Philadelphia, PA

This home is located at 2502 N 5th St, Philadelphia, PA 19133 since 09 March 2020 and is currently estimated at $257,021, approximately $93 per square foot. This property was built in 1920. 2502 N 5th St is a home located in Philadelphia County with nearby schools including John Welsh School, Kensington High School, and Kensington Health Sciences Academy.

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