5021 Race St Philadelphia, PA 19139
Dunlap Neighborhood
--
Bed
--
Bath
1,350
Sq Ft
1,080
Sq Ft Lot
Highlights
- Instant Hot Water
- Central Air
- Hot Water Heating System
About This Home
As of August 2023Calling all investors!!! Welcome to 5021 Race Street, a very well maintained duplex located in the vibrant West Philadelphia section of the city. This turn-key property is ideal for any investor looking to add to their rental portfolio. The first level unit is a 1 bed, 1 bath unit (w/ new vanity) and features beautiful original hardwood floors throughout. The living, dining and kitchen areas are all exceptionally spacious. The bedroom is adequately sized and features a huge closet. The lower level unit also has access to the backyard and enormous unfinished basement where the washer and dryer are located. As you walk into the front door of the second floor upper unit your attention will immediately be drawn to the beautiful gleaming hardwood staircase. This unit boasts 2 generous sized bedrooms, huge living area and open kitchen. This unit also has an in-unit washer and dryer. In addition to all of this, this duplex comes equipped with central a/c for both units. This property has a newly recoated roof with a transferable warranty, new water heaters, and newer heating system. The gas and electric are on separate meters. The water can easily split into two separate meters as well. This property is in very good condition and has great bones. Conveniently located near University City by car or public transportation and less than a 10 minute commute by bicycle. Definitely a must see!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,863
Year Built
- Built in 1925
Lot Details
- 1,080 Sq Ft Lot
- Lot Dimensions are 15.00 x 72.00
Parking
- On-Street Parking
Home Design
- 1,350 Sq Ft Home
- Duplex
- Brick Foundation
- Masonry
Kitchen
- Instant Hot Water
Utilities
- Central Air
- Hot Water Heating System
- Natural Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Tax Lot 78
- Assessor Parcel Number 441030100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 23, 2023
Closed on
Jul 26, 2023
Sold by
Green Kenneth E and Green Thelma S
Bought by
Starnes Naignae
Seller's Agent
Ronald Williams
KW Empower
Buyer's Agent
Khalid Aleem
Real of Pennsylvania
List Price
$199,000
Sold Price
$199,000
Views
86
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,031
Avg. Annual Appreciation
3.31%
Original Mortgage
$191,000
Interest Rate
6.78%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 10, 2020
Sold by
Green Jason T
Bought by
Green Kenneth E and Green Thelma S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,875
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 28, 2014
Closed on
Dec 19, 2014
Sold by
Gallashaw Emmett and The Estate Of Theresa Stokes
Bought by
Green Jason T
Seller's Agent
Emily Qing Hui Wang
Century 21 Advantage Gold-South Philadelphia
Buyer's Agent
Emily Qing Hui Wang
Century 21 Advantage Gold-South Philadelphia
List Price
$84,990
Sold Price
$25,000
Premium/Discount to List
-$59,990
-70.58%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.53%
Purchase Details
Closed on
Nov 12, 2013
Sold by
Gallashaw Emmett
Bought by
Estate Of Theresa Stokes
Purchase Details
Closed on
May 9, 1955
Bought by
Richard Stokes-Theresa
Similar Homes in Philadelphia, PA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $199,000 | None Listed On Document | |
| Deed | $142,500 | City Abstract | |
| Deed | $25,000 | Colony Abstract Co Inc | |
| Deed | -- | None Available | |
| Deed | $8,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $191,000 | New Conventional | |
| Closed | $191,000 | New Conventional | |
| Previous Owner | $106,875 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2023 08/08/23 | Sold | $199,000 | 0.0% | $147 / Sq Ft |
| 06/29/2023 06/29/23 | Pending | -- | -- | -- |
| 06/23/2023 06/23/23 | For Sale | $199,000 | +696.0% | $147 / Sq Ft |
| 01/14/2015 01/14/15 | Sold | $25,000 | -70.6% | $19 / Sq Ft |
| 12/31/2014 12/31/14 | Pending | -- | -- | -- |
| 04/28/2014 04/28/14 | For Sale | $84,990 | -- | $63 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,864 | $163,200 | $32,640 | $130,560 |
| 2024 | $2,864 | $163,200 | $32,640 | $130,560 |
| 2023 | $2,864 | $204,600 | $40,920 | $163,680 |
| 2022 | $1,195 | $204,600 | $40,920 | $163,680 |
| 2021 | $1,195 | $0 | $0 | $0 |
| 2020 | $1,195 | $0 | $0 | $0 |
| 2019 | $1,151 | $0 | $0 | $0 |
| 2018 | $725 | $0 | $0 | $0 |
| 2017 | $725 | $0 | $0 | $0 |
| 2016 | $725 | $0 | $0 | $0 |
| 2015 | $812 | $0 | $0 | $0 |
| 2014 | -- | $60,600 | $5,301 | $55,299 |
| 2012 | -- | $6,240 | $909 | $5,331 |
Source: Public Records
Agents Affiliated with this Home
-
Ronald Williams
R
Seller's Agent in 2023
Ronald Williams
KW Empower
(267) 733-4917
1 in this area
93 Total Sales
-
Khalid Aleem
Buyer's Agent in 2023
Khalid Aleem
Real of Pennsylvania
(267) 551-1999
1 in this area
89 Total Sales
-
Emily Qing Hui Wang
Seller's Agent in 2015
Emily Qing Hui Wang
Century 21 Advantage Gold-South Philadelphia
(267) 254-4405
119 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH2249522
APN: 441030100
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