$175,000
SOLD DEC 10, 2024
-- Bed
-- Bath
2,326 Sq Ft
1,389 Sq Ft Lot

Recently Sold

$75 Per Sq Ft

2 Days on Market

Highlights

  • More Than Two Accessible Exits
  • 90% Forced Air Heating System
  • Carpet

About This Home

As of December 2024

Welcome to 4951 N. 5th St, a rare investment opportunity with unmatched potential! This versatile property boasts a spacious 2-bedroom, 1-bath upper apartment featuring hardwood floors, a full kitchen, a dining room, and a comfortable living room. Currently occupied by a small family on a month-to-month lease, this unit offers immediate rental income stability. The expansive first-floor commercial space, complete with a convenient half bath, awaits the vision of its next owner—ideal for retail, office, or creative ventures. With prime features, flexibility, and rental income, this property is a gem ready to shine in an investor’s portfolio!

Last Agent to Sell the Property

Demetreus Lee

BHHS Fox & Roach-Center City Walnut License #RS360761 Listed on: 10/25/2024

BHHS Fox & Roach-Center City Walnut

Last Buyer's Agent

HUYEN NGUYEN

Realty Mark Cityscape

Realty Mark Cityscape

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,625

Year Built

  • Built in 1910

Lot Details

  • 1,389 Sq Ft Lot
  • Lot Dimensions are 14.00 x 100.00

Home Design

  • Duplex
  • Flat Roof Shape
  • Stone Foundation
  • Masonry

Interior Spaces

  • 2,326 Sq Ft Home
  • Carpet

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Cooling System Utilizes Natural Gas
  • Cooling System Mounted In Outer Wall Opening
  • 90% Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • 1 Vacant Unit

Listing and Financial Details

  • Tax Lot 205
  • Assessor Parcel Number 871284550

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,625

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Unit/Flat
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2024-10-25
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 4951 N. 5th St, a rare investment opportunity with unmatched potential! This versatile property boasts a spacious 2-bedroom, 1-bath upper apartment featuring hardwood floors, a full kitchen, a dining room, and a comfortable living room. Currently occupied by a small family on a month-to-month lease, this unit offers immediate rental income stability. The expansive first-floor commercial space, complete with a convenient half bath, awaits the vision of its next owner—ideal for retail, office, or creative ventures. With prime features, flexibility, and rental income, this property is a gem ready to shine in an investor’s portfolio!
  • Special Features: None

Interior Features

  • Flooring Type: Carpet
  • Fireplace: No
  • Foundation Details: Stone
  • Total Sq Ft: 2326
  • Living Area Sq Ft: 2326
  • Price Per Sq Ft: 75.24
  • Above Grade Finished Sq Ft: 2326
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4951

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Roof: Flat
  • 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
  • Cooling Fuel: Natural Gas
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: PHILADELPHIA CITY
  • School District Key: 803408593408
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: S30
  • Lot Size Acres: 0.03
  • Lot Dimensions: 14.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1389.00
  • Year Assessed: 2024
  • Zoning: RM1

Rental Info

  • Number Of Units Month To Month: 1
  • Units Furnished: Some
  • Vacation Rental: No

Tax Info

  • School Tax: 910.00
  • Tax Annual Amount: 1625.00
  • Assessor Parcel Number: 871284550
  • Tax Lot: 205
  • Tax Total Finished Sq Ft: 2326
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 12/10/2024

Multi Family

  • Number Of Units Vacant: 1

MLS Schools

  • School District Name: PHILADELPHIA CITY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2024
Closed on
Dec 10, 2024
Sold by
Desravine Rose Marie
Bought by
4951 N Fifth Street Llc
Seller's Agent
Demetreus Lee
BHHS Fox & Roach-Center City Walnut
Buyer's Agent
HUYEN NGUYEN
Realty Mark Cityscape
List Price
$175,000
Sold Price
$175,000
Views
16
Current Estimated Value
$172,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,883

Purchase Details

Closed on
Mar 5, 2010
Sold by
Pierre Louis Jacqueline and Desravine Rose Marie
Bought by
Desravine Rose Marie

Purchase Details

Closed on
Feb 16, 2000
Sold by
Afonso Francisco and Afonso Maria Jose
Bought by
Pierre Louis Jacqueline and Desravine Rose Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
8.15%
Mortgage Type
Commercial
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $175,000 Springfield Abstract
Interfamily Deed Transfer -- None Available
Deed $60,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $45,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2024 12/10/24 Sold $175,000 0.0% $75 / Sq Ft
10/25/2024 10/25/24 For Sale $175,000 0.0% $75 / Sq Ft
09/30/2016 09/30/16 Rented $750 0.0% --
09/20/2016 09/20/16 Under Contract -- -- --
06/27/2016 06/27/16 For Rent $750 -- --
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 $1,625 $136,800 $27,360 $109,440
2024 $1,625 $136,800 $27,360 $109,440
2023 $1,625 $116,100 $23,200 $92,900
2022 $1,625 $116,100 $23,200 $92,900
2021 $1,625 $0 $0 $0
2020 $1,625 $0 $0 $0
2019 $1,610 $0 $0 $0
2018 $1,645 $0 $0 $0
2017 $1,954 $0 $0 $0
2016 $1,803 $0 $0 $0
2015 $1,568 $0 $0 $0
2014 -- $139,600 $32,500 $107,100
2012 -- $8,320 $1,459 $6,861
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2412930

Bright MLS

APN: 871284550