NOT LISTED FOR SALE

5001 Chestnut St Philadelphia, PA 19139

Cobbs Creek Neighborhood

Estimated Value: $377,000 - $417,000

-- Bed
2 Baths
1,952 Sq Ft
$203/Sq Ft Est. Value

Last Sold March 03, 2023

Last sale price $399,900 $205 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,535/month

28 Days on Market

Highlights

  • City View
  • Traditional Floor Plan
  • Space For Rooms
  • Contemporary Architecture
  • Engineered Wood Flooring
  • Main Floor Bedroom

About This Home

As of March 2023

Rare gem! Multi-unit, income producing, property, zoned RSA3 multi-use! (Check Phillyzoning.com for clarification) This unique corner property has a sidewalk accessed basement unit that can be utilized as the owner's office, two interior two-bedroom units, and an detached garage suitable for renting. The exterior has been recently updated with new paint, roof (garage also), capping, and sidewalk concrete. Interior updates include: all new paint, 2nd floor unit refinished wood flooring, basement unit new vinyl flooring, new blinds. Each unit contains a refrigerator and stove. Gas and electric utilities are on separate meters for each unit. Bus stop located in front of building. Located close to Center City Philadelphia, Drexel University, and University of Penn. Walking distance to Philadelphia High Line (El). Excellent opportunity! Live in one unit and rent the rest!

Last Agent to Sell the Property

Joe Contino

Keller Williams Realty - Washington Township Listed on: 01/15/2023

Keller Williams Realty - Washington Township

Last Buyer's Agent

Joe Contino

Keller Williams Realty - Washington Township Listed on: 01/15/2023

Keller Williams Realty - Washington Township

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,468

Year Built

  • Built in 1925

Lot Details

  • 1,512 Sq Ft Lot
  • Lot Dimensions are 16.00 x 95.00
  • Downtown Location
  • Corner Lot
  • Property is in excellent condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Contemporary Architecture
  • Traditional Architecture
  • Flat Roof Shape
  • Brick Foundation
  • Block Foundation
  • Stone Foundation
  • Masonry

Interior Spaces

  • 1,952 Sq Ft Home
  • Traditional Floor Plan
  • Ceiling Fan
  • Window Screens
  • Six Panel Doors
  • Engineered Wood Flooring
  • City Views

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Range Hood

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathtub with Shower
  • Walk-in Shower

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Side Exterior Basement Entry
  • Space For Rooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Window Unit Cooling System
  • Radiator
  • 100 Amp Service
  • Natural Gas Water Heater

Community Details

  • 4 Units
  • West Philadelphia Subdivision

Listing and Financial Details

  • Tax Lot 113
  • Assessor Parcel Number 602022200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,468

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Contemporary, Traditional
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Oven - Single, Oven/Range - Electric, Oven/Range - Gas, Refrigerator, Range Hood, Water Heater
  • Flooring Type: Engineered Wood, Hardwood
  • Interior Amenities: Ceiling Fan(s), Entry Level Bedroom, Floor Plan - Traditional, Kitchen - Eat-In, Stall Shower, Tub Shower, Wood Floors
  • Window Features: Screens
  • Fireplace: No
  • Door Features: Six Panel
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block, Brick/Mortar, Stone
  • Basement: Yes
  • Basement Type: Improved, Full, Heated, Outside Entrance, Side Entrance, Space For Rooms, Fully Finished
  • Total Sq Ft: 1952
  • Living Area Sq Ft: 1952
  • Price Per Sq Ft: 189.50
  • Above Grade Finished Sq Ft: 1952
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5001

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Exterior Features: Sidewalks, Street Lights
  • Road Surface Type: Black Top
  • Roof: Flat
  • View: City
  • 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
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), Fire Detection System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

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

Lot Info

  • Land Use Code: N30
  • Lot Features: Corner
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16.00 x 95.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1512.00
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: RSA3
  • Zoning Description: RSA-3 District

Rental Info

  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • School Tax: 2451.00
  • Tax Annual Amount: 4468.00
  • Assessor Parcel Number: 602022200
  • Tax Lot: 113
  • Tax Total Finished Sq Ft: 1952
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 03/03/2023

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2023
Closed on
Mar 3, 2023
Sold by
Njf Management Company Llc
Bought by
Md 2 Usa Llc
Seller's Agent
Joe Contino
Keller Williams Realty - Washington Township
Buyer's Agent
Joe Contino
Keller Williams Realty - Washington Township
List Price
$369,900
Sold Price
$399,900
Premium/Discount to List
$30,000
8.11%
Views
21
Current Estimated Value
$396,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,948
Avg. Annual Appreciation
-1.89%

Purchase Details

Closed on
Dec 23, 2008
Sold by
Greene Pansy R and Estate Of Virgil Johnson
Bought by
Njf Management Llc
Source: Public Records

Range of Values:

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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
Md 2 Usa Llc $350,000 --
Njf Management Llc $124,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Njf Management Llc $157,500
Previous Owner Johnson Virgil $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2023 03/03/23 Sold $399,900 +8.1% $205 / Sq Ft
02/12/2023 02/12/23 Pending -- -- --
02/05/2023 02/05/23 Price Changed $369,900 0.0% $189 / Sq Ft
02/05/2023 02/05/23 For Sale $369,900 -7.5% $189 / Sq Ft
01/16/2023 01/16/23 Pending -- -- --
01/15/2023 01/15/23 For Sale $399,900 -- $205 / 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 $4,468 $388,400 $77,600 $310,800
2024 $4,468 $388,400 $77,600 $310,800
2023 $4,468 $319,200 $63,840 $255,360
2022 $3,235 $319,200 $63,840 $255,360
2021 $3,235 $0 $0 $0
2020 $3,235 $0 $0 $0
2019 $3,115 $0 $0 $0
2018 $2,622 $0 $0 $0
2017 $1,965 $0 $0 $0
2016 $1,965 $0 $0 $0
2015 $1,862 $0 $0 $0
2014 -- $187,300 $14,837 $172,463
2012 -- $14,976 $2,996 $11,980
Source: Public Records

Agents Affiliated with this Home

  • Joe Contino

    Seller's Agent in 2023

    Joe Contino

    Keller Williams Realty - Washington Township

    (267) 716-8090

    1 in this area

    141 Total Sales

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Map

Source: Bright MLS

MLS Number: PAPH2193890

Bright MLS

APN: 602022200

Pennsylvania Philadelphia County Philadelphia 19139 Cobbs Creek

5001 Chestnut St, Philadelphia, PA

This home is located at 5001 Chestnut St, Philadelphia, PA 19139 since 15 January 2023 and is currently estimated at $396,952, approximately $203 per square foot. This property was built in 1925. 5001 Chestnut St is a home located in Philadelphia County with nearby schools including William L. Sayre High School, Global Leadership Academy Charter School Southwest, and Beulah Baptist Christian Day School.

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