R
Seller's Agent in 2018
Ryan Spak
Realty Mark Associates-CC
(215) 439-0192
4 in this area
13 Total Sales
5111 Springfield Ave Philadelphia, PA 19143
Kingsessing NeighborhoodEstimated Value: $526,000 - $654,367
--
Bed
3
Baths
2,538
Sq Ft
$238/Sq Ft
Est. Value
Highlights
- Wood Flooring
- 2-minute walk to Chester Avenue And 51St Street
- Central Air
- No HOA
- En-Suite Primary Bedroom
- 5-minute walk to Kingsessing Recreation Center
About This Home
As of January 2018Completely renovated in 2015! This fully renovated original triplex is fully rented and producing a positive cash flow. The current rents are are solid for the surrounding area and secure through 2019. All three units share the same features: Originally refurbished hardwood floors, original salvaged woodwork, 4-piece kitchens with wood cabinets and granite, central air with gas high-efficiency heating systems, new E-rated windows, and laundry. First floor apartment also has separate entrance to rear yard. The utilities are completely separated and the building has new 200 AMP service, new fire alarm system, new sewer and new water lines. Water is paid for by the owner. The property is conveniently located within easy walking distance of the hospitals and schools of University City. There area is also loaded with restaurants and coffee shops. There are numerous public transportation options within 3-4 blocks and there is ample parking in the area. The Walk Score? and bike scores are 92 and 97, respectively. With a positive cash flow and fully renovated features, this property is an investor's dream.
Last Agent to Sell the Property
Realty Mark Associates-CC License #RS-277345-L Listed on: 11/21/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $671
Year Built
- Built in 1927
Lot Details
- 1,691 Sq Ft Lot
- Lot Dimensions are 16x108
- South Facing Home
- Property is in good condition
Parking
- On-Street Parking
Home Design
- Triplex
- Flat Roof Shape
- Brick Exterior Construction
- Stone Foundation
Interior Spaces
- En-Suite Primary Bedroom
- 2,538 Sq Ft Home
- Ceiling Fan
- Replacement Windows
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Wall to Wall Carpet
- Tile or Brick
Laundry
- Laundry in unit
- Washer and Dryer Hookup
Utilities
- Central Air
- Heating System Uses Gas
- 200+ Amp Service
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 102
- Assessor Parcel Number 511262800
Community Details
Overview
- No Home Owners Association
- Cedar Park Subdivision
Building Details
- Electric Expense $360
- Insurance Expense $1,318
- Maintenance Expense $1,860
- Other Expense $3,510
- Operating Expense $8,619
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 21, 2017
Closed on
Jan 17, 2018
Sold by
S I Holdings Too Llc
Bought by
Shea Ann Marie O
Seller's Agent
Ryan Spak
Realty Mark Associates-CC
Buyer's Agent
Christy Lee
Elfant Wissahickon-Rittenhouse Square
List Price
$410,000
Sold Price
$410,000
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
$193,122
Avg. Annual Appreciation
5.19%
Original Mortgage
$306,075
Outstanding Balance
$261,866
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$341,307
Purchase Details
Listed on
Aug 10, 2015
Closed on
Sep 5, 2015
Sold by
Lawrence Richard L
Bought by
S I Holdings Too Llc
Seller's Agent
Misha Cunningham
Premier Real Estate, Inc.
Buyer's Agent
Sean Dundon
KW Empower
List Price
$125,000
Sold Price
$127,500
Premium/Discount to List
$2,500
2%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.09%
Original Mortgage
$234,000
Interest Rate
3.94%
Mortgage Type
Construction
Purchase Details
Closed on
Oct 14, 2010
Sold by
Lawrence Richard L and Estate Of Richard L Lawrence
Bought by
Lawrence Richard L
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shea Ann Marie O | $408,100 | None Available | |
| S I Holdings Too Llc | $127,500 | None Available | |
| Lawrence Richard L | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shea Ann Marie O | $306,075 | |
| Previous Owner | Holding Too Llc | $300,000 | |
| Previous Owner | S I Holdings Too Llc | $234,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/16/2018 01/16/18 | Sold | $410,000 | 0.0% | $162 / Sq Ft |
| 12/01/2017 12/01/17 | Pending | -- | -- | -- |
| 11/21/2017 11/21/17 | For Sale | $410,000 | +221.6% | $162 / Sq Ft |
| 09/17/2015 09/17/15 | Sold | $127,500 | +2.0% | $50 / Sq Ft |
| 08/17/2015 08/17/15 | Pending | -- | -- | -- |
| 08/10/2015 08/10/15 | For Sale | $125,000 | -- | $49 / 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 | $5,836 | $494,600 | $98,920 | $395,680 |
| 2024 | $5,836 | $494,600 | $98,920 | $395,680 |
| 2023 | $5,836 | $416,900 | $83,380 | $333,520 |
| 2022 | $3,497 | $416,900 | $83,380 | $333,520 |
| 2021 | $3,497 | $0 | $0 | $0 |
| 2020 | $3,497 | $0 | $0 | $0 |
| 2019 | $3,047 | $0 | $0 | $0 |
| 2018 | $671 | $0 | $0 | $0 |
| 2017 | $671 | $0 | $0 | $0 |
| 2016 | $671 | $0 | $0 | $0 |
| 2015 | $1,619 | $0 | $0 | $0 |
| 2014 | -- | $120,800 | $7,675 | $113,125 |
| 2012 | -- | $10,528 | $2,102 | $8,426 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Spak
-
Christy Lee
C
Buyer's Agent in 2018
Christy Lee
Elfant Wissahickon-Rittenhouse Square
(267) 971-1982
1 Total Sale
-
Misha Cunningham
Seller's Agent in 2015
Misha Cunningham
Premier Real Estate, Inc.
(267) 627-4770
25 Total Sales
-
Sean Dundon
Buyer's Agent in 2015
Sean Dundon
KW Empower
(215) 888-1994
1 in this area
132 Total Sales
Map
Source: Bright MLS
MLS Number: 1004210525
APN: 511262800
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