NOT LISTED FOR SALE

5001 Hazel Ave Philadelphia, PA 19143

Cobbs Creek Neighborhood

Estimated Value: $552,000 - $716,042

-- Bed
3 Baths
2,656 Sq Ft
$230/Sq Ft Est. Value

Last Sold December 01, 2020

Last sale price $545,000 $205 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,656/month

Highlights

  • Deck
  • 3-minute walk to Baltimore Avenue And 50Th Street
  • No HOA
  • Traditional Architecture
  • Corner Lot
  • 3-minute walk to Barkan Park

About This Home

As of December 2020

Income-generating triplex on desirable tree-lined block of Hazel Avenue in University City. Unique unattached single, located at the corner of Hazel and 50th Street with two car garage! Triplex is currently fully-occupied, generating immediate cashflow for investors. Garage has been recently refurbished for additional cashflow. Seller has maintained original details throughout the property, including hardwood floors in all three units. This corner property features incredibly spacious units with awesome light throughout. Perfect combination of a quiet, walkable neighborhood with convenient access to commercial corridors on Baltimore Avenue, Spruce Street and Walnut Street. Quick access to the 34 Trolley and the Market-Frankford El. Walk or bike to Cedar Park, Malcolm X Park, Clark Park, HUP, Penn, CHOP, Penn Vet, Drexel, University of the Sciences. With a 91 WalkScore and 95 BikeScore, this triplex is a perfect rental location for students, young professionals, and university employees.

Last Agent to Sell the Property

Jeff Block

Compass RE License #AB065556 Listed on: 08/28/2020

Compass RE

Co-Listed By

Asher Chancey

OCF Realty LLC - Philadelphia

Last Buyer's Agent

Christopher Hvostal

KW Empower License #RS333378

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,931

Year Built

  • Built in 1925

Lot Details

  • 2,420 Sq Ft Lot
  • Lot Dimensions are 22.00 x 110.00
  • Corner Lot
  • Back and Side Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Triplex
  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,656 Sq Ft Home
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Multiple Balconies
  • Deck
  • Patio
  • Porch

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 34
  • Assessor Parcel Number 462014500

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • University City Subdivision

Building Details

  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,931

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2020-08-28
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Remarks Public: Income-generating triplex on desirable tree-lined block of Hazel Avenue in University City. Unique unattached single, located at the corner of Hazel and 50th Street with two car garage! Triplex is currently fully-occupied, generating immediate cashflow for investors. Garage has been recently refurbished for additional cashflow. Seller has maintained original details throughout the property, including hardwood floors in all three units. This corner property features incredibly spacious units with awesome light throughout. Perfect combination of a quiet, walkable neighborhood with convenient access to commercial corridors on Baltimore Avenue, Spruce Street and Walnut Street. Quick access to the 34 Trolley and the Market-Frankford El. Walk or bike to Cedar Park, Malcolm X Park, Clark Park, HUP, Penn, CHOP, Penn Vet, Drexel, University of the Sciences. With a 91 WalkScore and 95 BikeScore, this triplex is a perfect rental location for students, young professionals, and university employees.
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2656
  • Living Area Sq Ft: 2656
  • Price Per Sq Ft: 216.49
  • Above Grade Finished Sq Ft: 2656
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5001

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Concrete Driveway, Private
  • Garage Features: Built In
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: 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: 299455.00
  • Land Assessed Value: 52845.00
  • Land Use Code: G50
  • Lot Features: Corner, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.06
  • Lot Dimensions: 22.00 x 110.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2420.00
  • Outdoor Living Structures: Balconies- Multiple, Deck(s), Patio(s), Porch(es)
  • Year Assessed: 2020
  • Zoning: RSA3

Rental Info

  • Existing Lease Type: Yearly, Month To Month
  • Number Of Units Month To Month: 2
  • Total Actual Rent: 27600.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1216245
  • School Tax: 2706.00
  • Tax Annual Amount: 4931.00
  • Assessor Parcel Number: 462014500
  • Tax Lot: 34
  • Tax Total Finished Sq Ft: 2656
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 12/01/2020

Multi Family

  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

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
Hvostal Christopher M $545,000 World Wide Land Transfer Inc
Winn Craig Stevens $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hvostal Christopher M $499,083
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2020 12/01/20 Sold $545,000 -5.2% $205 / Sq Ft
10/02/2020 10/02/20 Pending -- -- --
08/28/2020 08/28/20 For Sale $575,000 -- $216 / 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 $4,853 $469,800 $93,900 $375,900
2024 $4,853 $469,800 $93,900 $375,900
2023 $4,853 $346,700 $69,340 $277,360
2022 $4,302 $301,700 $69,340 $232,360
2021 $4,932 $0 $0 $0
2020 $4,932 $0 $0 $0
2019 $4,747 $0 $0 $0
2018 $2,868 $0 $0 $0
2017 $2,868 $0 $0 $0
2016 $2,840 $0 $0 $0
2015 $2,834 $0 $0 $0
2014 -- $211,500 $14,841 $196,659
2012 -- $15,328 $4,330 $10,998
Source: Public Records

Agents Affiliated with this Home

  • Jeff Block

    Seller's Agent in 2020

    Jeff Block

    Compass RE

    (215) 833-7088

    17 in this area

    460 Total Sales

    Jeff Block
    Section Image
  • Asher Chancey

    Seller Co-Listing Agent in 2020

    Asher Chancey

    OFC Realty

    (267) 353-5354

    1 in this area

    60 Total Sales

    Asher Chancey
    Section Image
  • Christopher Hvostal

    Buyer's Agent in 2020

    Christopher Hvostal

    KW Empower

    (267) 825-1192

    16 in this area

    141 Total Sales

    Christopher Hvostal
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH929714

Bright MLS

APN: 462014500

Pennsylvania Philadelphia County Philadelphia 19143 Cobbs Creek

5001 Hazel Ave, Philadelphia, PA

This home is located at 5001 Hazel Ave, Philadelphia, PA 19143 since 28 August 2020 and is currently estimated at $610,347, approximately $229 per square foot. This property was built in 1925. 5001 Hazel Ave is a home located in Philadelphia County with nearby schools including William L. Sayre High School, Global Leadership Academy Charter School Southwest, and Saint Francis de Sales School.

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