NOT LISTED FOR SALE

4941 Walnut St Philadelphia, PA 19139

Walnut Hill Neighborhood

Estimated Value: $463,000 - $472,000

-- Bed
-- Bath
3,075 Sq Ft
$152/Sq Ft Est. Value

Last Sold May 30, 2024

Last sale price $450,000 $146 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,995/month

21 Days on Market

About This Home

As of May 2024

Welcome to a recently renovated 4-unit property in a great area. Great income-producing investment property, get monthly cash flow or rent 3 units and live in 4th for free. All three apartments have 2 beds and 1 bath, with a bonus on the lower level. This building is located in a sought-after neighborhood! This property is just a short stroll from The University of Penn, Drexel University, and Penn Presbyterian Medical Center. You'll find a vibrant array of dining spots, charming boutiques, and expansive green spaces nearby along 40th St, Baltimore Ave, and 52nd St. Plus, seamless commuting is ensured with convenient access to public transit, 30th St Station, I-76, and Delaware County.

Last Agent to Sell the Property

Andrei Lemeshevski

Lemeshevski Realty Int'l Listed on: 03/29/2024

Last Buyer's Agent

Leslie Russell

Realty Mark Associates - KOP License #RS-0025398

Realty Mark Associates - KOP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,379

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 20.00 x 100.00

Parking

  • On-Street Parking

Home Design

  • 3,075 Sq Ft Home
  • Quadruplex
  • Masonry

Utilities

  • Radiator
  • Natural Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 601048400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,379

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Twin/Semi-Detached
  • New Construction: No
  • Year Built: 1925
  • Remarks Public: Welcome to a recently renovated 4-unit property in a great area. Great income-producing investment property, get monthly cash flow or rent 3 units and live in 4th for free. All three apartments have 2 beds and 1 bath, with a bonus on the lower level. This building is located in a sought-after neighborhood! This property is just a short stroll from The University of Penn, Drexel University, and Penn Presbyterian Medical Center. You'll find a vibrant array of dining spots, charming boutiques, and expansive green spaces nearby along 40th St, Baltimore Ave, and 52nd St. Plus, seamless commuting is ensured with convenient access to public transit, 30th St Station, I-76, and Delaware County.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Total Sq Ft: 3075
  • Living Area Sq Ft: 3075
  • Price Per Sq Ft: 162.60
  • Above Grade Finished Sq Ft: 3075
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4941

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
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Land Use Code: N50
  • Lot Dimensions: 20.00 x 100.00
  • Year Assessed: 2023
  • Zoning: RSA3

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2951.00
  • Tax Annual Amount: 5379.00
  • Assessor Parcel Number: 601048400
  • Tax Lot: 5
  • Tax Total Finished Sq Ft: 3075
  • Tax Data Updated: Yes
  • Tax Year: 2023
  • Close Date: 05/30/2024

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2024
Closed on
May 30, 2024
Sold by
American Heritage Holdings Llc
Bought by
Droughn Edward J
Seller's Agent
Andrei Lemeshevski
Lemeshevski Realty Int'l
Buyer's Agent
Leslie Russell
Realty Mark Associates - KOP
List Price
$499,990
Sold Price
$450,000
Premium/Discount to List
-$49,990
-10%
Views
55
Current Estimated Value
$467,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,303
Avg. Annual Appreciation
2.63%
Original Mortgage
$441,849
Outstanding Balance
$436,602
Interest Rate
7.02%
Mortgage Type
FHA
Estimated Equity
$27,977

Purchase Details

Closed on
May 10, 2019
Sold by
Scott Jesse L
Bought by
American Heritage Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 5, 1975
Bought by
Scott Jessie
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
Droughn Edward J $450,000 Interstate Abstract
American Heritage Holdings Llc $100,000 Mba Abstract Inc
Scott Jessie $12,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Droughn Edward J $441,849
Previous Owner Lemiasheuski Andrei $100,000
Previous Owner American Heritage Holdings Llc $80,000
Previous Owner James Lacenia $78,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2024 05/30/24 Sold $450,000 -10.0% $146 / Sq Ft
03/29/2024 03/29/24 For Sale $499,990 -- $163 / 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 $5,379 $437,100 $87,420 $349,680
2024 $5,379 $437,100 $87,420 $349,680
2023 $5,379 $384,300 $76,800 $307,500
2022 $3,936 $384,300 $76,800 $307,500
2021 $3,936 $0 $0 $0
2020 $3,936 $0 $0 $0
2019 $3,789 $0 $0 $0
2018 $2,955 $0 $0 $0
2017 $2,955 $0 $0 $0
2016 $2,955 $0 $0 $0
2015 $2,829 $0 $0 $0
2014 -- $211,100 $19,625 $191,475
2012 -- $13,248 $2,650 $10,598
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Andrei Lemeshevski

    Lemeshevski Realty Int'l

    (267) 800-6234

    1 in this area

    17 Total Sales

    Andrei Lemeshevski
    Section Image
  • Leslie Russell

    Buyer's Agent in 2024

    Leslie Russell

    Realty Mark Associates - KOP

    (215) 694-9169

    1 in this area

    80 Total Sales

    Leslie Russell
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAPH2337052

Bright MLS

APN: 601048400

Pennsylvania Philadelphia County Philadelphia 19139 Walnut Hill

4941 Walnut St, Philadelphia, PA

This home is located at 4941 Walnut St, Philadelphia, PA 19139 since 29 March 2024 and is currently estimated at $467,303, approximately $151 per square foot. This property was built in 1925. 4941 Walnut St is a home located in Philadelphia County with nearby schools including Henry C. Lea School, West Philadelphia High School, and KIPP Philadelphia Octavius Catto CS.

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