$232,500
SOLD FEB 28, 2025
4 Beds
2.5 Baths
1,620 Sq Ft
996 Sq Ft Lot

Recently Sold

$144 Per Sq Ft

1% Below List Price

39 Days on Market

Highlights

  • No HOA
  • 90% Forced Air Heating and Cooling System
  • 3-minute walk to Chester Avenue And 54Th Street

About This Home

As of February 2025

Welcome to 5416 Belmar Terrace, a beautifully renovated 4-bedroom, 2.5-bathroom home in the heart of Philly!

Pending 10-year tax abatement!

This contemporary home has been meticulously updated with the finest finishes, offering you a first-class living experience.

Step inside and be greeted by the home's open-concept layout, with white shaker cabinets, soft-close hardware, and stunning granite countertops.

The newly engineered hardwood flooring and recessed lighting create a warm, inviting atmosphere, while the abundant natural light floods the space, making it feel bright and airy.

You'll love the thoughtfully designed, fully finished basement, which is equipped with a laundry room, washer-dryer hookup, and ample storage space. Consider laundry day a breeze in your new home!

The property has been outfitted with brand-new systems, including a high-efficiency HVAC system, ensuring you can enjoy the comforts of Central A/C during the hot summer months.

Moving on to local amenities, just a short stroll away, Cobbs Creek Park is perfect for leisure walks or outdoor enjoyment with children or pets.

Acme and Aldi are conveniently located just a few blocks away to cover your everyday shopping needs, and local dining favorites, including Bredenbeck's Bakery, Golden Palace Chinese, and Dock Street Brewery, are in close proximity.

Commuting is effortless, with multiple transit options at your doorstep. SEPTA's 13 trolley and Bus Routes 21 and 31 are just steps away, offering direct service to Center City. The 52nd Street Station on the Market-Frankford Line is also within walking distance, connecting you to the entire city.

Major roads, including Baltimore Avenue, Cobbs Creek Parkway, and easy access to 76, make driving anywhere in the city convenient. As an added plus, you have the convenience of off-street parking when you arrive home from your day’s commute.

With unparalleled craftsmanship, a prime location, and Grade A amenities, 5416 Belmar Terrace is a true gem that won't last long on the market.

This property qualifies for first-time homebuyer grant programs that cover down payment and closing expenses. Qualified buyers can purchase with essentially zero out-of-pocket! It doesn't get any better than instant built-in equity, and no money out of pocket to bring your homeownership goals within reach.

Last Agent to Sell the Property

JP Parisse-Ferrarini

Realty One Group Restore - Conshohocken License #RS359158 Listed on: 11/15/2024

Realty One Group Restore - Conshohocken

Co-Listed By

Brandy Brunson

REALTY ONE GROUP FOCUS License #rs0037520

Last Buyer's Agent

Camisha Brown

Weichert Realtors - Moorestown License #RS365836

Weichert Realtors - Moorestown

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1925

Lot Details

  • 996 Sq Ft Lot
  • Lot Dimensions are 15.00 x 65.00

Home Design

  • Brick Foundation
  • Masonry

Interior Spaces

  • 1,620 Sq Ft Home
  • Property has 2 Levels
  • Finished Basement

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • 90% Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Kingsessing Subdivision

Listing and Financial Details

  • Tax Lot 115
  • Assessor Parcel Number 514099610

Townhouse Details

Home Type

Townhome

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Bi-Level
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 5416 Belmar Terrace, a beautifully renovated 4-bedroom, 2.5-bathroom home in the heart of Philly! Pending 10-year tax abatement! This contemporary home has been meticulously updated with the finest finishes, offering you a first-class living experience. Step inside and be greeted by the home's open-concept layout, with white shaker cabinets, soft-close hardware, and stunning granite countertops. The newly engineered hardwood flooring and recessed lighting create a warm, inviting atmosphere, while the abundant natural light floods the space, making it feel bright and airy. You'll love the thoughtfully designed, fully finished basement, which is equipped with a laundry room, washer-dryer hookup, and ample storage space. Consider laundry day a breeze in your new home! The property has been outfitted with brand-new systems, including a high-efficiency HVAC system, ensuring you can enjoy the comforts of Central A/C during the hot summer months. Moving on to local amenities, just a short stroll away, Cobbs Creek Park is perfect for leisure walks or outdoor enjoyment with children or pets. Acme and Aldi are conveniently located just a few blocks away to cover your everyday shopping needs, and local dining favorites, including Bredenbeck's Bakery, Golden Palace Chinese, and Dock Street Brewery, are in close proximity. Commuting is effortless, with multiple transit options at your doorstep. SEPTA's 13 trolley and Bus Routes 21 and 31 are just steps away, offering direct service to Center City. The 52nd Street Station on the Market-Frankford Line is also within walking distance, connecting you to the entire city. Major roads, including Baltimore Avenue, Cobbs Creek Parkway, and easy access to 76, make driving anywhere in the city convenient. As an added plus, you have the convenience of off-street parking when you arrive home from your day’s commute. With unparalleled craftsmanship, a prime location, and Grade A amenities, 5416 Belmar Terrace is a true gem that won't last long on the market. This property qualifies for first-time homebuyer grant programs that cover down payment and closing expenses. Qualified buyers can purchase with essentially zero out-of-pocket! It doesn't get any better than instant built-in equity, and no money out of pocket to bring your homeownership goals within reach.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 1620
  • Living Area Sq Ft: 1620
  • Price Per Sq Ft: 143.52
  • Above Grade Finished Sq Ft: 1620
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5416

Beds/Baths

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

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: Off Street, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: PHILADELPHIA CITY
  • School District Key: 803408593408
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R30
  • Lot Size Acres: 0.02
  • Lot Dimensions: 15.00 x 65.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 996.00
  • Year Assessed: 2024
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 514099610
  • Tax Lot: 115
  • Tax Total Finished Sq Ft: 2360
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 02/28/2025

MLS Schools

  • School District Name: PHILADELPHIA CITY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2024
Closed on
Mar 7, 2025
Sold by
Elevation Development Group Llc
Bought by
Saunders Ashlyn
Seller's Agent
JP Parisse-Ferrarini
Realty One Group Restore - Conshohocken
Buyer's Agent
Camisha Brown
Weichert Realtors - Moorestown
List Price
$235,000
Sold Price
$232,500
Premium/Discount to List
-$2,500
-1.06%
Views
210
Current Estimated Value
$258,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,692
Avg. Annual Appreciation
14.60%
Original Mortgage
$11,625
Outstanding Balance
$11,586
Interest Rate
6.89%
Estimated Equity
$239,016

Purchase Details

Closed on
Apr 17, 2024
Sold by
Philadelphia Housing Authority
Bought by
Elevation Development Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,075
Interest Rate
6.82%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 25, 1975
Bought by
Phila Housing Authority
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $232,500 None Listed On Document
Deed -- Quick Abstract
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $11,625 No Value Available
Open $225,525 New Conventional
Previous Owner $189,075 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $232,500 0.0% $144 / Sq Ft
01/13/2025 01/13/25 Price Changed $232,500 -1.1% $144 / Sq Ft
12/24/2024 12/24/24 Pending -- -- --
11/15/2024 11/15/24 For Sale $235,000 -- $145 / 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 -- $139,500 $27,900 $111,600
2024 -- $139,500 $27,900 $111,600
2023 -- $103,800 $20,700 $83,100
2022 $0 $103,800 $0 $0
2021 $767 $63,800 $9,570 $54,230
2020 $767 $0 $0 $0
2019 $767 $0 $0 $0
2018 $767 $0 $0 $0
2017 -- $0 $0 $0
2016 -- $0 $0 $0
2015 -- $0 $0 $0
2014 -- $127,400 $4,841 $122,559
2012 -- $5,632 $580 $5,052
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2418000

Bright MLS

APN: 514099610