NOT LISTED FOR SALE

5043 Torresdale Ave Philadelphia, PA 19124

Frankford Neighborhood

Estimated Value: $191,013

4 Beds
3 Baths
1,591 Sq Ft
$120/Sq Ft Est. Value

Last Sold May 28, 2024

Last sale price $215,000 $135 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $1,224/month

5 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Hot Water Heating System
  • Solid Hardwood Flooring
  • Forced Air Heating System
  • 4-minute walk to Carmella Park

About This Home

As of May 2024

Welcome to this incredible investment opportunity in a prime location! This Mixed-Use property offers immense potential for investors, developers, and owner-users alike. Boasting excellent visibility, this property is surrounded by thriving businesses and experiences high foot traffic. Currently serves as the Albanian community center and Sunday school for learning the Albanian language. With a spacious area of 1960 sqft: First floor features a spacious room in the front, a kitchen, 1 half bath, and a very large extended room at the back. Additionally, there is a fully finished basement w/bathroom. Sold “AS-IS”, this property is attractively priced and presents the perfect chance to transform it into a remarkable commercial space with some minor upgrades. The second floor with 4 bedrooms and a full bathroom, also presents an exciting opportunity to create a residential unit, making it a versatile investment. Don't miss out on this exceptional chance to capitalize on a property with great potential- just minutes from Center City, I-95 and all major roads. Contact us today to schedule a viewing and explore the endless possibilities this property holds.

Last Agent to Sell the Property

Petraq Budo

Re/Max One Realty License #RS304088 Listed on: 04/09/2024

Re/Max One Realty

Last Buyer's Agent

Bernard Kolman

RE/MAX Affiliates License #RS347452

RE/MAX Affiliates

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1935

Lot Details

  • 1,258 Sq Ft Lot
  • Lot Dimensions are 16.00 x 79.00
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Foundation
  • Masonry

Interior Spaces

  • 1,591 Sq Ft Home
  • Property has 2 Levels
  • Finished Basement

Flooring

  • Solid Hardwood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Hot Water Heating System
  • Electric Baseboard Heater
  • Natural Gas Water Heater
  • Public Septic

Community Details

  • No Home Owners Association
  • Frankford Subdivision

Listing and Financial Details

  • Tax Lot 136
  • Assessor Parcel Number 871584740

Townhouse Details

Home Type

Townhome

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1935
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to this incredible investment opportunity in a prime location! This Mixed-Use property offers immense potential for investors, developers, and owner-users alike. Boasting excellent visibility, this property is surrounded by thriving businesses and experiences high foot traffic. Currently serves as the Albanian community center and Sunday school for learning the Albanian language. With a spacious area of 1960 sqft: First floor features a spacious room in the front, a kitchen, 1 half bath, and a very large extended room at the back. Additionally, there is a fully finished basement w/bathroom. Sold “AS-IS”, this property is attractively priced and presents the perfect chance to transform it into a remarkable commercial space with some minor upgrades. The second floor with 4 bedrooms and a full bathroom, also presents an exciting opportunity to create a residential unit, making it a versatile investment. Don't miss out on this exceptional chance to capitalize on a property with great potential- just minutes from Center City, I-95 and all major roads. Contact us today to schedule a viewing and explore the endless possibilities this property holds.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Wood, Solid Hardwood, Ceramic Tile
  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 1591
  • Living Area Sq Ft: 1591
  • Price Per Sq Ft: 143.93
  • Above Grade Finished Sq Ft: 1591
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5043

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 2

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
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Baseboard - Electric, Forced Air, Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer, Public Septic
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: S30
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16.00 x 79.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1258.00
  • Property Condition: Good
  • Year Assessed: 2023
  • Zoning: CMX2

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 871584740
  • Tax Lot: 136
  • Tax Total Finished Sq Ft: 1591
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/28/2024

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2024
Closed on
May 28, 2024
Sold by
Shqipes Bijte E
Bought by
Than Ivy and Tang Calvin
Seller's Agent
Petraq Budo
Re/Max One Realty
Buyer's Agent
Bernard Kolman
RE/MAX Affiliates
List Price
$229,000
Sold Price
$215,000
Premium/Discount to List
-$14,000
-6.11%
Views
18
Current Estimated Value
$191,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,987
Avg. Annual Appreciation
-8.09%

Purchase Details

Closed on
Aug 15, 2005
Sold by
Massaro Betsy and Bobrin Bradford
Bought by
Shqipes Bijte E
Source: Public Records

Range of Values:

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Average Value
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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
Than Ivy $180,000 Abstract One
Shqipes Bijte E $55,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2024 05/28/24 Sold $215,000 -6.1% $135 / Sq Ft
04/14/2024 04/14/24 Pending -- -- --
04/09/2024 04/09/24 For Sale $229,000 -- $144 / 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 -- $150,700 $30,140 $120,560
2024 -- $150,700 $30,140 $120,560
2023 -- $136,500 $27,300 $109,200
2022 $0 $136,500 $0 $0
2021 $1,488 $107,300 $21,460 $85,840
2020 -- $0 $0 $0
2019 $1,488 $0 $0 $0
2018 $1,488 $0 $0 $0
2017 -- $0 $0 $0
2016 -- $0 $0 $0
2015 -- $0 $0 $0
2014 -- $104,500 $11,779 $92,721
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2024

    Petraq Budo

    RE/MAX

    (215) 279-0389

    3 in this area

    65 Total Sales

    Petraq Budo
    Section Image
  • Bernard Kolman

    Buyer's Agent in 2024

    Bernard Kolman

    RE/MAX

    (267) 551-9200

    6 in this area

    100 Total Sales

    Bernard Kolman
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH2341144

Bright MLS

APN: 871584740

Pennsylvania Philadelphia County Philadelphia 19124 Frankford

5043 Torresdale Ave, Philadelphia, PA

This home is located at 5043 Torresdale Ave, Philadelphia, PA 19124 since 09 April 2024 and is currently estimated at $191,013, approximately $120 per square foot. This property was built in 1935. 5043 Torresdale Ave is a home located in Philadelphia County with nearby schools including James J. Sullivan School, Harding Warren G Middle School, and Frankford High School.

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