NOT LISTED FOR SALE

5100 Spruce St Philadelphia, PA 19139

Cobbs Creek Neighborhood

Estimated Value: $279,072

-- Bed
-- Bath
3,000 Sq Ft
$93/Sq Ft Est. Value

Last Sold September 21, 2020

Last sale price $215,000 $72 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,672/month

Highlights

  • No HOA
  • More Than Two Accessible Exits
  • 2-minute walk to Malcolm X Park
  • Alarm System
  • Electric Baseboard Heater

About This Home

As of September 2020

Large three story mixed use building for sale in University City Office space first floor includes four rooms ,kitchen , powder room, receptionist area and waiting room second and third floors have two bedrooms, living rooms, kitchens and baths plus rear porches the building also includes a large unfinished basement with unfinished powder room Bus stops in front of building subway system and shopping within walking distance

Last Agent to Sell the Property

Raymond Lassiter

(267) 255-8372 raymond4047@yahoo.com West-Side Realty License #RB050405L Listed on: 07/20/2020

Last Buyer's Agent

Christopher Schepis

(215) 847-9101 chris@tcsmgt.com TCS Management, LLC License #RS332522

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,390

Year Built

  • Built in 1930

Lot Details

  • 3,750 Sq Ft Lot
  • Property is in good condition

Parking

  • Off-Street Parking

Home Design

  • 3,000 Sq Ft Home
  • Flat Roof Shape
  • Brick Exterior Construction

Unfinished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Side Basement Entry

Home Security

  • Alarm System
  • Fire and Smoke Detector

Accessible Home Design

  • More Than Two Accessible Exits

Schools

  • Lea Henry Middle School
  • West Philadelphia High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Baseboard Heater
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • 3 Units
  • Spruce Hill Subdivision

Listing and Financial Details

  • The owner pays for common area maintenance, snow removal, water
  • Assessor Parcel Number 871252400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,390

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: End Of Row/Townhouse
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full, Heated, Side Entrance, Unfinished
  • Total Sq Ft: 3000
  • Living Area Sq Ft: 3000
  • Price Per Sq Ft: 83.33
  • Above Grade Finished Sq Ft: 3000
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Roof: Flat
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Electric Alarm, Smoke Detector, Security System
  • Sewer/Septic System: Public Sewer
  • Water Previous Twelve Months: 1800.00
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: WEST PHILADELPHIA
  • Middle Or Junior School: LEA HENRY

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3750.00
  • Property Condition: Good
  • Zoning: MIXED USE

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 2
  • Owner Pays: Common Area Maintenance, Snow Removal, Water
  • Total Actual Rent: 21000.00
  • Units Leased Count: 2
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 1324623
  • Tax Annual Amount: 2390.00
  • Assessor Parcel Number: 871252400
  • Tax Year: 2020

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2020
Closed on
Sep 21, 2020
Sold by
Lassiter Raymond E
Bought by
884 N 50Th Llc
Seller's Agent
Raymond Lassiter
West-Side Realty
Buyer's Agent
Christopher Schepis
TCS Management, LLC
List Price
$350,000
Sold Price
$215,000
Premium/Discount to List
-$135,000
-38.57%
Current Estimated Value
$279,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,072
Avg. Annual Appreciation
5.25%

Purchase Details

Closed on
Jan 30, 1997
Sold by
Bcc Reo Llc
Bought by
Lassiter Raymond E

Purchase Details

Closed on
Dec 16, 1996
Sold by
Green John D
Bought by
Chrysler First Business Credit Corp
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
884 N 50Th Llc $215,000 Suburban Abstract Agency Inc
Lassiter Raymond E $56,000 --
Chrysler First Business Credit Corp $29,800 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2020 09/21/20 Sold $215,000 -14.0% $72 / Sq Ft
08/10/2020 08/10/20 Price Changed $250,000 -16.7% $83 / Sq Ft
07/20/2020 07/20/20 Price Changed $300,000 -14.3% $100 / Sq Ft
07/20/2020 07/20/20 For Sale $350,000 -- $117 / 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 $2,527 $231,400 $46,280 $185,120
2025 $2,527 $231,400 $46,280 $185,120
2024 $2,527 $231,400 $46,280 $185,120
2023 $2,527 $180,500 $36,100 $144,400
2022 $2,415 $180,500 $36,100 $144,400
2021 $2,415 $0 $0 $0
2020 $2,415 $0 $0 $0
2019 $2,391 $0 $0 $0
2018 $2,322 $0 $0 $0
2017 $1,263 $0 $0 $0
2016 $1,263 $0 $0 $0
2015 $1,209 $0 $0 $0
2014 -- $90,200 $21,800 $68,400
2012 -- $17,280 $3,084 $14,196
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Raymond Lassiter

    West-Side Realty

    (267) 255-8372

    5 in this area

    19 Total Sales

    Raymond Lassiter
    Section Image
  • Christopher Schepis

    Buyer's Agent in 2020

    Christopher Schepis

    TCS Management, LLC

    (215) 847-9101

    1 in this area

    23 Total Sales

    Christopher Schepis
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH917118

Bright MLS

APN: 871252400

Pennsylvania Philadelphia County Philadelphia 19139 Cobbs Creek

5100 Spruce St, Philadelphia, PA

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