NOT LISTED FOR SALE

5007 Penn St Philadelphia, PA 19124

Frankford Neighborhood

Estimated Value: $100,165 - $235,000

-- Bed
1 Bath
2,329 Sq Ft
$75/Sq Ft Est. Value

Last Sold August 27, 2013

Last sale price $45,000 $19 Per Sq Ft

Est. 286% increase in value since last sale

Current estimated payment $1,272/month

132 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Heating System Uses Gas

About This Home

As of August 2013

Zoned single family but set up as a four unit residential. Zoning in area would allow for a zoning changed to be applied for. Being sold as is. Huge opportunity for a great cash flow property.

Last Agent to Sell the Property

Kirk Waechter

BHHS Fox & Roach-Center City Walnut License #TREND:60010980 Listed on: 03/26/2013

Last Buyer's Agent

PATRICIA J. KELLY

RE/MAX 2000

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1914

Lot Details

  • 3,109 Sq Ft Lot
  • Lot Dimensions are 25x124

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,329 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 123
  • Assessor Parcel Number 621490200

Community Details

Overview

  • No Home Owners Association
  • Frankford Subdivision

Building Details

  • Operating Expense $1,326

Property Details

Home Type

Multi-Family

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1914
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2329
  • Living Area Sq Ft: 2329
  • Price Per Sq Ft: 25.33
  • Above Grade Finished Sq Ft: 2329
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5007

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Land Use Code: O50
  • Lot Size Acres: 0.07
  • Lot Dimensions: 25X124
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3109.00
  • Zoning: R5

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Tax Annual Amount: 1326.00
  • Assessor Parcel Number: 621490200
  • Tax Lot: 123
  • Tax Year: 2013
  • Close Date: 08/27/2013

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2013
Closed on
Aug 27, 2013
Sold by
Garofalo Helen V
Bought by
Ostroff Steven
Seller's Agent
Kirk Waechter
BHHS Fox & Roach-Center City Walnut
Buyer's Agent
PATRICIA J. KELLY
RE/MAX 2000
List Price
$75,000
Sold Price
$45,000
Premium/Discount to List
-$30,000
-40%
Total Days on Market
132
Current Estimated Value
$173,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,722
Avg. Annual Appreciation
14.43%

Purchase Details

Closed on
Nov 14, 1966
Bought by
Garofalo Helen
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ostroff Steven $45,000 None Available
Garofalo Helen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ostroff Steven $125,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2013 08/27/13 Sold $45,000 -40.0% $19 / Sq Ft
08/05/2013 08/05/13 Pending -- -- --
03/26/2013 03/26/13 For Sale $75,000 -- $32 / 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 $3,897 $128,900 $25,780 $103,120
2024 $3,897 $128,900 $25,780 $103,120
2023 $3,897 $278,400 $55,680 $222,720
2022 $2,003 $278,400 $55,680 $222,720
2021 $2,003 $0 $0 $0
2020 $2,003 $0 $0 $0
2019 $1,922 $0 $0 $0
2018 $1,260 $0 $0 $0
2017 $1,260 $0 $0 $0
2016 $1,127 $0 $0 $0
2015 $1,849 $0 $0 $0
2014 -- $138,000 $44,151 $93,849
2012 -- $13,568 $3,069 $10,499
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2013

    Kirk Waechter

    BHHS Fox & Roach

  • P

    Buyer's Agent in 2013

    PATRICIA J. KELLY

    RE/MAX

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Map

Source: Bright MLS

MLS Number: 1003409160

Bright MLS

APN: 621490200

Pennsylvania Philadelphia County Philadelphia 19124 Frankford

5007 Penn St, Philadelphia, PA

This home is located at 5007 Penn St, Philadelphia, PA 19124 since 26 March 2013 and is currently estimated at $173,722, approximately $74 per square foot. This property was built in 1914. 5007 Penn St is a home located in Philadelphia County with nearby schools including Frankford High School, The Philadelphia Charter School for the Arts & Sciences, and Mastery Schools Smedley Elementary.

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