Seller's Agent in 2023
Brett Rosenthal
Compass RE
(267) 342-8001
8 in this area
235 Total Sales
5231 Spruce St Philadelphia, PA 19139
Cobbs Creek NeighborhoodEstimated Value: $180,000 - $222,000
--
Bed
--
Bath
2,600
Sq Ft
$80/Sq Ft
Est. Value
Highlights
- Straight Thru Architecture
- Radiator
- 3-minute walk to Malcolm X Park
About This Home
As of November 2023Ready for an amazing investment opportunity? Welcome to 5231 Spruce Street. This stunning duplex is located in a vibrant neighborhood in West Philadelphia. This spacious home offers two units, with one unit featuring 5 bedrooms and 2 bathrooms and another with 3 bedrooms and 1 bathroom, providing ample space for comfortable living arrangements.
The property needs some work but has a good bones. The separate gas and electric meters ensure convenience and efficiency for both units, making it easy to manage utilities. The property also boasts a new roof, providing peace of mind and protection for years to come.
Situated in a prime location, this home offers easy access to multiple bus routes and the Market Frankford El, making commuting a breeze. For those who prefer biking, the University of Pennsylvania, Drexel, and local hospitals are just a short 10-minute ride away.
This neighborhood is a hub of activity, with a plethora of food and entertainment options to explore. Indulge in the delectable treats at Brown Sugar Bakery, or enjoy a relaxing stroll at nearby parks such as Malcolm X Park and Barkan Park. If you're in the mood for a delicious brunch, Toast Cafe is just around the corner, along with many other local attractions.
The owner is selling the property as is. Don't miss the opportunity to make this West Philadelphia duplex your own. Schedule a showing today and discover the endless possibilities this home has to offer.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,780
Year Built
- Built in 1920
Lot Details
- 1,700 Sq Ft Lot
- Lot Dimensions are 20.00 x 85.00
Parking
- On-Street Parking
Home Design
- 2,600 Sq Ft Home
- Duplex
- Straight Thru Architecture
- Stone Foundation
- Masonry
Utilities
- Radiator
- Natural Gas Water Heater
Community Details
- 2 Units
- 2-Story Building
Listing and Financial Details
- Tax Lot 318
- Assessor Parcel Number 602106200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 20, 2023
Closed on
Nov 9, 2023
Sold by
Mcgeth Shawn
Bought by
Bakri Omer
Seller's Agent
Brett Rosenthal
Compass RE
Buyer's Agent
Steven Metz
BHHS Fox & Roach-Princeton Junction
List Price
$224,000
Sold Price
$200,000
Premium/Discount to List
-$24,000
-10.71%
Views
422
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
$7,335
Avg. Annual Appreciation
1.73%
Purchase Details
Closed on
Dec 4, 1995
Sold by
Green John D
Bought by
Citicorp Mtg Inc
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 |
|---|---|---|---|
| Bakri Omer | $200,000 | Trident Land Transfer | |
| Citicorp Mtg Inc | $15,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mcgeth Shawn | $69,000 | |
| Previous Owner | Mcgeth Shawn | $20,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/14/2023 11/14/23 | Sold | $200,000 | -10.7% | $77 / Sq Ft |
| 10/30/2023 10/30/23 | Pending | -- | -- | -- |
| 10/20/2023 10/20/23 | For Sale | $224,000 | -- | $86 / 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 | $3,781 | $245,300 | $49,060 | $196,240 |
| 2024 | $3,781 | $245,300 | $49,060 | $196,240 |
| 2023 | $3,781 | $270,100 | $54,020 | $216,080 |
| 2022 | $1,033 | $225,100 | $54,020 | $171,080 |
| 2021 | $1,663 | $0 | $0 | $0 |
| 2020 | $1,663 | $0 | $0 | $0 |
| 2019 | $1,601 | $0 | $0 | $0 |
| 2018 | $1,543 | $0 | $0 | $0 |
| 2017 | $1,543 | $0 | $0 | $0 |
| 2016 | $1,123 | $0 | $0 | $0 |
| 2015 | $1,477 | $0 | $0 | $0 |
| 2014 | -- | $110,200 | $8,345 | $101,855 |
| 2012 | -- | $15,392 | $3,079 | $12,313 |
Source: Public Records
Agents Affiliated with this Home
-
Brett Rosenthal
-
Steven Metz
Buyer's Agent in 2023
Steven Metz
BHHS Fox & Roach
(267) 391-7775
2 in this area
36 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH2289886
APN: 602106200
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