NOT LISTED FOR SALE

5035 Springfield Ave Philadelphia, PA 19143

Kingsessing Neighborhood

Estimated Value: $425,000 - $477,598

-- Bed
3 Baths
2,604 Sq Ft
$171/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $428,000 $164 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,601/month

Highlights

  • Radiator
  • 2-minute walk to Chester Avenue And 51St Street
  • 4-minute walk to Kingsessing Recreation Center

About This Home

As of November 2021

Awesome Cedar Park triplex perfect for an owner occupant who wants an inexpensive living arrangement. What could be better than having two long term tenants in place to help cover your mortgage while you watch this great home in a great location appreciate in value? Located close to Penn, University of the Sciences, the Baltimore Avenue shopping and dining corridor, Schuylkill Banks, I-76 and minutes from Center City you'll hardly be short of activities to fulfill your interests - or have an easier time getting to them. The first floor one bedroom is spacious and has access to a large rear yard. The second floor unit offers 2 bedrooms, 1 bath, eat in kitchen, washer, dryer and is vacant and move in ready. The third floor unit is also 2 bedrooms, 1 bath and is a mirror image of the 2nd floor unit. Utilities are separated. Make your appointment today. You will not be disappointed. And don't forget to ask about our Exclusive Buyer Benefits.

Last Agent to Sell the Property

Larry Levin

Realty Mark Associates-CC Listed on: 09/13/2021

Realty Mark Associates-CC

Last Buyer's Agent

Larry Brown III

KW Empower

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,489

Year Built

  • Built in 1925

Lot Details

  • 1,728 Sq Ft Lot
  • Lot Dimensions are 16.00 x 108.00

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Stone Foundation
  • Masonry

Interior Spaces

  • 2,604 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Radiator
  • Natural Gas Water Heater

Community Details

  • 3 Units
  • Cedar Park Subdivision

Listing and Financial Details

  • Tax Lot 143
  • Assessor Parcel Number 511262000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,489

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Exclusions: Tenants personal possession
  • New Construction: No
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Remarks Public: Awesome Cedar Park triplex perfect for an owner occupant who wants an inexpensive living arrangement. What could be better than having two long term tenants in place to help cover your mortgage while you watch this great home in a great location appreciate in value? Located close to Penn, University of the Sciences, the Baltimore Avenue shopping and dining corridor, Schuylkill Banks, I-76 and minutes from Center City you'll hardly be short of activities to fulfill your interests - or have an easier time getting to them. The first floor one bedroom is spacious and has access to a large rear yard. The second floor unit offers 2 bedrooms, 1 bath, eat in kitchen, washer, dryer and is vacant and move in ready. The third floor unit is also 2 bedrooms, 1 bath and is a mirror image of the 2nd floor unit. Utilities are separated. Make your appointment today. You will not be disappointed. And don't forget to ask about our Exclusive Buyer Benefits.
  • Special Features: None

Interior Features

  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2604
  • Living Area Sq Ft: 2604
  • Price Per Sq Ft: 172.43
  • Above Grade Finished Sq Ft: 2604
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5035

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

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: 151130.00
  • Land Assessed Value: 26670.00
  • Land Use Code: O50
  • Lot Size Acres: 0.04
  • Lot Dimensions: 16.00 x 108.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1728.00
  • Year Assessed: 2021
  • Zoning: RM1

Rental Info

  • Rent Control: No
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1249268
  • School Tax: 1366.00
  • Tax Annual Amount: 2489.00
  • Assessor Parcel Number: 511262000
  • Tax Lot: 143
  • Tax Total Finished Sq Ft: 2604
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 11/19/2021

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3
  • Single Room Units Count: 1

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2021
Closed on
Nov 3, 2021
Sold by
5035 Partners Llc
Bought by
Ferguson Tiffany
Seller's Agent
Larry Levin
Realty Mark Associates-CC
Buyer's Agent
Larry Brown III
KW Empower
List Price
$449,000
Sold Price
$428,000
Premium/Discount to List
-$21,000
-4.68%
Current Estimated Value
$445,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,400
Avg. Annual Appreciation
0.91%
Original Mortgage
$412,087
Interest Rate
3.22%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 8, 2020
Sold by
5035 Springfield Llc
Bought by
5035 Partners Llc

Purchase Details

Closed on
Sep 22, 2015
Sold by
Overton Shannon T
Bought by
5035 Springfield Llc

Purchase Details

Closed on
May 2, 2007
Sold by
Dumas Earl C and Dumas Agnes
Bought by
Overton Shannon T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
8.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Ferguson Tiffany $428,600 Great American Abstract
5035 Partners Llc $270,000 Surety Abstract Services Llc
5035 Springfield Llc $155,000 None Available
Overton Shannon T $155,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferguson Tiffany $412,087
Previous Owner Overton Shannon T $135,000
Previous Owner Overton Shannon T $139,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $428,000 -4.7% $164 / Sq Ft
09/13/2021 09/13/21 For Sale $449,000 -- $172 / 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 $2,738 $345,600 $69,120 $276,480
2024 $2,738 $345,600 $69,120 $276,480
2023 $2,738 $195,600 $39,100 $156,500
2022 $2,489 $195,600 $39,100 $156,500
2021 $2,489 $0 $0 $0
2020 $2,489 $0 $0 $0
2019 $2,296 $0 $0 $0
2018 $966 $0 $0 $0
2017 $966 $0 $0 $0
2016 $966 $0 $0 $0
2015 $925 $0 $0 $0
2014 -- $69,000 $8,813 $60,187
2012 -- $4,704 $940 $3,764
Source: Public Records

Agents Affiliated with this Home

  • Larry Levin

    Seller's Agent in 2021

    Larry Levin

    Realty Mark Associates-CC

    (267) 808-6565

    3 in this area

    123 Total Sales

    Larry Levin
    Section Image
  • Larry Brown III

    Buyer's Agent in 2021

    Larry Brown III

    KW Empower

    (267) 481-3011

    3 in this area

    75 Total Sales

    Larry Brown III
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH2030260

Bright MLS

APN: 511262000

Pennsylvania Philadelphia County Philadelphia 19143 Kingsessing

5035 Springfield Ave, Philadelphia, PA

This home is located at 5035 Springfield Ave, Philadelphia, PA 19143 since 13 September 2021 and is currently estimated at $445,400, approximately $171 per square foot. This property was built in 1925. 5035 Springfield Ave is a home located in Philadelphia County with nearby schools including Avery D. Harrington School, William L. Sayre High School, and Hardy Williams Elementary.

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