NOT LISTED FOR SALE

Estimated Value: $376,498

-- Bed
-- Bath
2,290 Sq Ft
$164/Sq Ft Est. Value

Last Sold July 19, 2024

Last sale price $360,000 $157 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,139/month

112 Days on Market

About This Home

As of July 2024

Welcome to 5236 Walnut St, a meticulously renovated 4-unit multifamily gem that seamlessly blends modern sophistication with historic charm. This impressive property comprises three 1-bedroom residential units and one versatile commercial space, making it an ideal investment opportunity for savvy investors or owner-occupants looking to enter the world of real estate.

The commercial storefront, situated at the heart of highly visible Walnut Street, offers a prime location for entrepreneurs and business owners. With tremendous foot traffic, this space provides excellent exposure and endless possibilities for retail, office, or service-oriented ventures.

The location of this building provides extreme accessibility to both University City and Center City neighborhoods, catering to the diverse needs of residents. Commuting is a breeze, and local amenities, restaurants, and cultural attractions are just steps away, enhancing the overall appeal for potential tenants.

Residential units have recently signed new leases or renewed existing contracts allowing this asset to cash flow from day 1 of ownership with additional upside once CMRCL tenant is secured.

Last Agent to Sell the Property

Cameron Crossley

(610) 468-7733 cameron@skalerealestate.com Skale Real Estate License #RM425434 Listed on: 11/04/2023

Skale Real Estate

Last Buyer's Agent

Christian Arabia

(484) 947-4655 christianarabia@gmail.com Long & Foster Real Estate, Inc. License #AB068768

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,969

Year Built

  • Built in 1925

Lot Details

  • 1,328 Sq Ft Lot
  • Lot Dimensions are 16.00 x 85.00

Parking

  • On-Street Parking

Home Design

  • 2,290 Sq Ft Home
  • Quadruplex
  • Permanent Foundation
  • Masonry

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • 4 Units
  • 3 Vacant Units

Listing and Financial Details

  • Tax Lot 208
  • Assessor Parcel Number 871252150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,969

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour

Interior Features

  • Fireplace: No
  • Foundation Details: Permanent
  • Total Sq Ft: 2290
  • Living Area Sq Ft: 2290
  • Price Per Sq Ft: 174.67
  • Above Grade Finished Sq Ft: 2290
  • Above Grade Finished Area Units: Square Feet

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.03
  • Lot Dimensions: 16.00 x 85.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1328.00
  • Zoning: CMX4

Rental Info

  • Number Of Units Month To Month: 1
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 1080.00
  • Tax Annual Amount: 1969.00
  • Assessor Parcel Number: 871252150
  • Tax Lot: 208
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • Number Of Units Vacant: 3

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2023
Closed on
Jul 3, 2024
Sold by
Abduelal Wileed Y
Bought by
Willem Marlon
Seller's Agent
Cameron Crossley
Skale Real Estate
Buyer's Agent
Christian Arabia
Long & Foster Real Estate, Inc.
List Price
$400,000
Sold Price
$360,000
Premium/Discount to List
-$40,000
-10%
Views
253
Current Estimated Value
$376,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,498
Avg. Annual Appreciation
3.28%
Original Mortgage
$250,000
Outstanding Balance
$246,541
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$129,957

Purchase Details

Closed on
Jun 27, 2018
Sold by
Feiroc Capital Llc
Bought by
Abduelal Leed Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
May 13, 2013
Sold by
Jackson Henry
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Dec 20, 1989
Bought by
Jackson Henry
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Willem Marlon $360,000 None Listed On Document
Abduelal Leed Y $290,000 Intestate Abstract
Wells Fargo Bank Na $32,100 None Available
Jackson Henry $18,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willem Marlon $250,000
Previous Owner Abduelal Leed Y $217,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2024 07/19/24 Sold $360,000 -10.0% $157 / Sq Ft
02/24/2024 02/24/24 Pending -- -- --
11/04/2023 11/04/23 For Sale $400,000 0.0% $175 / Sq Ft
06/18/2022 06/18/22 Rented $1,550 0.0% --
06/17/2022 06/17/22 Under Contract -- -- --
05/06/2022 05/06/22 Price Changed $1,550 -13.9% $3 / Sq Ft
04/18/2022 04/18/22 For Rent $1,800 -- --
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 $1,970 $148,300 $29,660 $118,640
2025 $1,970 $148,300 $29,660 $118,640
2024 $1,970 $148,300 $29,660 $118,640
2023 $1,970 $140,700 $28,140 $112,560
2022 $1,377 $140,700 $28,140 $112,560
2021 $1,377 $0 $0 $0
2020 $1,377 $0 $0 $0
2019 $1,365 $0 $0 $0
2018 $1,326 $0 $0 $0
2017 $1,260 $0 $0 $0
2016 -- $0 $0 $0
2015 -- $0 $0 $0
2014 -- $90,000 $19,900 $70,100
2012 -- $9,952 $3,712 $6,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2294304

Bright MLS

APN: 871252150