$220,000
SOLD JUN 2, 2025
3 Beds
1 Bath
1,120 Sq Ft
1,078 Sq Ft Lot

Recently Sold

$196 Per Sq Ft

5% Above List Price

41 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Radiator

About This Home

As of June 2025

Beautifully Renovated Home in Olney!Welcome to 5016 N 7th St, a stunningly updated 3-bedroom, 1-bathroom home in the heart of Philadelphia's Olney neighborhood. Step inside to discover a freshly renovated main level featuring brand-new laminate wood flooring that flows seamlessly through the spacious living room, dining area, and kitchen. The stylishly upgraded kitchen boasts brand-new white shaker cabinets, gleaming granite countertops, and stainless steel appliances, making it a perfect space for cooking and entertaining.Upstairs, you’ll find three comfortable bedrooms with plush wall-to-wall carpeting, providing a cozy retreat. The renovated bathroom exudes modern charm with a chic vanity and contemporary finishes.The finished basement offers additional living space, perfect for a home office, playroom, or extra storage. Convenience is key, with laundry located on the main level just off the kitchen.Don’t miss your chance to own this move-in-ready gem in a fantastic location. Schedule your showing today!

Last Agent to Sell the Property

Ryan Lockstein

Rosedale Real Estate LLC Listed on: 02/20/2025

Last Buyer's Agent

LaSheda Williams

EXP Realty, LLC License #RS363042

EXP Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,318

Year Built

  • Built in 1935

Lot Details

  • 1,078 Sq Ft Lot
  • Lot Dimensions are 15.00 x 72.00

Parking

  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 1,120 Sq Ft Home
  • Property has 2 Levels
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Radiator
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Olney Subdivision

Listing and Financial Details

  • Tax Lot 314
  • Assessor Parcel Number 491219700

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,318

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Upper 1
  • Year Built: 1935
  • Automatically Close On Close Date: No
  • Remarks Public: Beautifully Renovated Home in Olney! Welcome to 5016 N 7th St, a stunningly updated 3-bedroom, 1-bathroom home in the heart of Philadelphia's Olney neighborhood. Step inside to discover a freshly renovated main level featuring brand-new laminate wood flooring that flows seamlessly through the spacious living room, dining area, and kitchen. The stylishly upgraded kitchen boasts brand-new white shaker cabinets, gleaming granite countertops, and stainless steel appliances, making it a perfect space for cooking and entertaining. Upstairs, you’ll find three comfortable bedrooms with plush wall-to-wall carpeting, providing a cozy retreat. The renovated bathroom exudes modern charm with a chic vanity and contemporary finishes. The finished basement offers additional living space, perfect for a home office, playroom, or extra storage. Convenience is key, with laundry located on the main level just off the kitchen. Don’t miss your chance to own this move-in-ready gem in a fantastic location. Schedule your showing today!
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Partially Finished
  • Total Sq Ft: 1120
  • Living Area Sq Ft: 1120
  • Price Per Sq Ft: 187.50
  • Above Grade Finished Sq Ft: 1120
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5016

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

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

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Land Use Code: R30
  • Lot Size Acres: 0.02
  • Lot Dimensions: 15.00 x 72.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1078.00
  • Year Assessed: 2025
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 738.00
  • Tax Annual Amount: 1318.00
  • Assessor Parcel Number: 491219700
  • Tax Lot: 314
  • Tax Total Finished Sq Ft: 1120
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 06/02/2025

MLS Schools

  • School District Name: PHILADELPHIA CITY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2024
Closed on
Nov 21, 2024
Sold by
Jq Homestead Llc
Bought by
Trash Queen Inc
Seller's Agent
John Zou
Weichert, Realtors - Cornerstone
Buyer's Agent
John Zou
Weichert, Realtors - Cornerstone
List Price
$119,000
Sold Price
$80,000
Premium/Discount to List
-$39,000
-32.77%
Views
51

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
247.82%
Original Mortgage
$165,000
Outstanding Balance
$164,431
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$19,983

Purchase Details

Closed on
Dec 7, 2023
Sold by
Yao Da Kui
Bought by
Jq Homestead Llc

Purchase Details

Closed on
May 20, 2019
Sold by
Gpl International Trading Ltd
Bought by
Yao Da Kui

Purchase Details

Closed on
Feb 12, 2017
Sold by
Yao Hong
Bought by
Gpl International Trading Ltd

Purchase Details

Closed on
Mar 11, 2013
Sold by
Yao Jun and Cheng Zhiyu
Bought by
Yao Hong

Purchase Details

Closed on
Jan 20, 2011
Sold by
Federal National Mortgage Association
Bought by
Yao Jun

Purchase Details

Closed on
Sep 20, 2010
Sold by
Minor Kaymah M
Bought by
Federal National Mortgage Association
Source: Public Records

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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 Type Sale Price Title Company
Deed $80,000 Prosperity Abstract
Deed $80,000 Prosperity Abstract
Deed $30,000 Accommodation/Courtesy Recordi
Deed $5,000 Nova Abstract Llc
Deed $5,000 None Available
Deed $50,000 None Available
Deed $21,000 None Available
Sheriffs Deed $15,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $165,000 New Conventional
Closed $165,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 Sold $220,000 +4.8% $196 / Sq Ft
04/02/2025 04/02/25 Pending -- -- --
02/20/2025 02/20/25 For Sale $210,000 +162.5% $188 / Sq Ft
11/25/2024 11/25/24 Sold $80,000 -26.6% $71 / Sq Ft
09/12/2024 09/12/24 Price Changed $109,000 -8.4% $97 / Sq Ft
07/17/2024 07/17/24 For Sale $119,000 -- $106 / 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 $907 $94,200 $18,840 $75,360
2024 $907 $94,200 $18,840 $75,360
2023 $907 $64,800 $12,960 $51,840
2022 $907 $64,800 $12,960 $51,840
2021 $662 $0 $0 $0
2020 $662 $47,300 $7,804 $39,496
2019 $616 $0 $0 $0
2018 $713 $0 $0 $0
2017 $713 $0 $0 $0
2016 $682 $0 $0 $0
2015 $682 $0 $0 $0
2014 -- $50,900 $5,606 $45,294
2012 -- $7,840 $1,138 $6,702
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2447526

Bright MLS

APN: 491219700