NOT LISTED FOR SALE

5017 Griscom St Philadelphia, PA 19124

Frankford Neighborhood

Estimated Value: $226,000 - $277,000

-- Bed
3 Baths
1,950 Sq Ft
$129/Sq Ft Est. Value

Last Sold November 30, 2015

Last sale price $66,500 $34 Per Sq Ft

Est. 278% increase in value since last sale

Current estimated payment $1,603/month

90 Days on Market

Highlights

  • No HOA
  • Laundry Facilities
  • Heating System Uses Gas

About This Home

As of November 2015

Great Investment Opportunity!!PROPERTY IS NOW VACANT.full rehabbed in 2005. Utilities are separate. Tenants pay their own gas and electric. First Floor front features 1 studio apartment with living area,separate room for bedroom, 1 full bath and kitchen. First floor rear 1 bedroom apartment.Second floor features a 2 bedroom apartment. Third floor features 1 studio apartment with separate bath and kitchen. Close to Bus and Train Terminals. First floor front studio 460. First floor rear 1 bedroom apt 550. 2nd floor 2bedroom 600 vacant. 3rd floor studio 460.Owner very motivated to sell!.

Last Agent to Sell the Property

Christopher Somers

(267) 987-4443 thesomersteam@gmail.com KW Empower License #RS278328 Listed on: 08/11/2015

KW Empower

Co-Listed By

Shirlene Goff

(215) 219-9257 remaxsgoff@gmail.com KW Empower License #RS220261L

Last Buyer's Agent

Julia Peightal

(215) 698-2048 pkellyremax2000@aol.com RE/MAX 2000

RE/MAX 2000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $911

Year Built

  • Built in 1940

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20x100

Parking

  • On-Street Parking

Home Design

  • 1,950 Sq Ft Home
  • Quadruplex
  • Stucco

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 213
  • Assessor Parcel Number 621497700

Community Details

Overview

  • No Home Owners Association
  • Frankford Subdivision

Additional Features

  • Laundry Facilities
  • Operating Expense $911

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$911

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1940
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 1950
  • Living Area Sq Ft: 1950
  • Price Per Sq Ft: 40.97
  • Above Grade Finished Sq Ft: 1950
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • 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
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 20X100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2000.00
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Tax Annual Amount: 911.00
  • Assessor Parcel Number: 621497700
  • Tax Lot: 213
  • Tax Year: 2015

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2015
Closed on
Nov 30, 2015
Sold by
Smith George
Bought by
Ostroff Steven and Mavrakis Stylianos
Seller's Agent
Christopher Somers
KW Empower
Buyer's Agent
Julia Peightal
RE/MAX 2000
List Price
$95,000
Sold Price
$66,500
Premium/Discount to List
-$28,500
-30%
Current Estimated Value
$251,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,000
Avg. Annual Appreciation
14.35%

Purchase Details

Closed on
Dec 21, 2012
Sold by
Us Bank Na
Bought by
Smith George

Purchase Details

Closed on
Apr 13, 2012
Sold by
Smith George and Smith Joi
Bought by
Us Bank Na

Purchase Details

Closed on
Mar 9, 2007
Sold by
Treadstone Realty Inc
Bought by
Smith George and Smith Joi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,600
Interest Rate
6.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 30, 2004
Sold by
Y A I & Associates Llc
Bought by
Treadstone Reality Inc

Purchase Details

Closed on
Sep 4, 2003
Sold by
Hud
Bought by
Y A I & Associates Llc

Purchase Details

Closed on
Nov 13, 2001
Sold by
Estate Of Joseph A Odonnell Jr
Bought by
Hud
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 $66,500 None Available
Smith George $37,500 None Available
Us Bank Na $10,000 None Available
Smith George $197,000 None Available
Treadstone Reality Inc $57,500 --
Y A I & Associates Llc $40,500 --
Hud $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith George $157,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2015 11/30/15 Sold $66,500 -30.0% $34 / Sq Ft
11/09/2015 11/09/15 Pending -- -- --
08/11/2015 08/11/15 For Sale $95,000 -- $49 / 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
2026 $3,362 $236,000 $47,200 $188,800
2025 $3,362 $303,300 $60,660 $242,640
2024 $3,362 $303,300 $60,660 $242,640
2023 $3,362 $240,200 $48,040 $192,160
2022 $1,116 $240,200 $48,040 $192,160
2021 $2,524 $0 $0 $0
2020 $1,820 $0 $0 $0
2019 $2,422 $0 $0 $0
2018 $952 $0 $0 $0
2017 $952 $0 $0 $0
2016 $952 $0 $0 $0
2015 $911 $0 $0 $0
2014 -- $68,000 $25,771 $42,229
2012 -- $10,560 $1,361 $9,199
Source: Public Records

Agents Affiliated with this Home

  • Christopher Somers

    Seller's Agent in 2015

    Christopher Somers

    KW Empower

    (267) 987-4443

    25 in this area

    593 Total Sales

    Christopher Somers
    Section Image
  • Shirlene Goff

    Seller Co-Listing Agent in 2015

    Shirlene Goff

    KW Empower

    (215) 219-9257

    25 Total Sales

    Shirlene Goff
    Section Image

  • J

    Buyer's Agent in 2015

    Julia Peightal

    RE/MAX

    Section Image
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Map

Source: Bright MLS

MLS Number: 1002676450

Bright MLS

APN: 621497700

Pennsylvania Philadelphia County Philadelphia 19124 Frankford

5017 Griscom St, Philadelphia, PA

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