NOT LISTED FOR SALE

5418 N 5th St Philadelphia, PA 19120

Olney Neighborhood

Estimated Value: $193,000 - $223,086

-- Bed
-- Bath
1,800 Sq Ft
$118/Sq Ft Est. Value

Last Sold March 05, 2019

Last sale price $129,000 $72 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,336/month

Highlights

  • No HOA
  • Forced Air Heating System
  • East Facing Home
  • En-Suite Primary Bedroom
  • Ceiling Fan

About This Home

As of March 2019

Great location as residential rental or future commercial use. Fenced concrete pad in front.Open porch, separate entrance/exit for each apartment. Full basement with entrance from rear cellar door. Two separate gas forced air heaters and hot water tanks, and two separate electric system. Kept vacant for easy access. Vinyl/Laminate floor throughout. Property in move in condition, but is offered for sale in "as is" condition.Not much repairs other than updating.Utilities are not off, and property is winterized.Potential rent 850 from each floor plus utilities. Cash purchase welcome.Offered in AS IS CONDITION!

Last Agent to Sell the Property

Abraham Varickaplammo

(215) 424-7500 abrahamvaricka@comcast.net American Home Realty Center, Inc. License #RM046708A Listed on: 09/08/2018

Last Buyer's Agent

Charise Jones-Wheeler

(570) 982-3680 charise@elfantwissahickon.com Elfant Wissahickon-Chestnut Hill License #RS340605

Elfant Wissahickon-Chestnut Hill

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,797

Year Built

  • Built in 1940

Lot Details

  • 2,520 Sq Ft Lot
  • Lot Dimensions are 21x121
  • East Facing Home

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,800 Sq Ft Home
  • Ceiling Fan
  • Laminate Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Schools

  • St. Cicil Elementary School
  • Grover Washington Jr Middle School
  • Olney High School

Utilities

  • Cooling System Utilizes Natural Gas
  • Forced Air Heating System
  • 100 Amp Service
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 110
  • Assessor Parcel Number 612315100

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Olney Subdivision

Building Details

  • Operating Expense $1,797

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,797

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Storage: Basement
  • Year Built: 1940
  • Remarks Public: Great location as residential rental or future commercial use. Fenced concrete pad in front.Open porch, separate entrance/exit for each apartment. Full basement with entrance from rear cellar door. Two separate gas forced air heaters and hot water tanks, and two separate electric system. Kept vacant for easy access. Vinyl/Laminate floor throughout. Property in move in condition, but is offered for sale in "as is" condition.Not much repairs other than updating.Utilities are not off, and property is winterized.Potential rent 850 from each floor plus utilities. Cash purchase welcome.Offered in AS IS CONDITION!
  • Special Features: None

Interior Features

  • Flooring Type: Laminated
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Foundation Details: Stone, Concrete Perimeter
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Hookup
  • Total Sq Ft: 1800
  • Living Area Sq Ft: 1800
  • Price Per Sq Ft: 72.17
  • Above Grade Finished Sq Ft: 1800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5418

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Flat
  • 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: Natural Gas
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • Elementary School: ST. CICIL
  • Middle School: GROVER WASHINGTON JR
  • High School: OLNEY HIGH
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: 3rd Party
  • School District Key: 300200397108
  • School District Source: 3rd Party
  • Elementary School: ST. CICIL
  • High School: OLNEY HIGH
  • Middle Or Junior School: GROVER WASHINGTON JR

Lot Info

  • Improvement Assessed Value: 109140.00
  • Land Assessed Value: 19260.00
  • Land Use Code: N30
  • Lot Size Acres: 0.06
  • Lot Dimensions: 21X121
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2520.00
  • Zoning: CMX2.

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1336356
  • Tax Annual Amount: 1797.00
  • Assessor Parcel Number: 612315100
  • Tax Lot: 110
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 03/05/2019

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2018
Closed on
Mar 5, 2019
Sold by
Oommachan Adrin and Mammen Adrin Oommachan
Bought by
Collins Irving
Seller's Agent
Abraham Varickaplammo
American Home Realty Center, Inc.
Buyer's Agent
Charise Jones-Wheeler
Elfant Wissahickon-Chestnut Hill
List Price
$129,900
Sold Price
$129,000
Premium/Discount to List
-$900
-0.69%
Current Estimated Value
$212,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,029
Avg. Annual Appreciation
7.77%
Original Mortgage
$109,650
Outstanding Balance
$96,401
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$115,628

Purchase Details

Closed on
Oct 3, 2002
Sold by
Varghese Oommachan
Bought by
Oommachan Adrin
Source: Public Records

Range of Values:

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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
Collins Irving $129,000 Class Abstarct
Oommachan Adrin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collins Irving $109,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2019 03/05/19 Sold $129,000 -0.7% $72 / Sq Ft
01/19/2019 01/19/19 Pending -- -- --
11/01/2018 11/01/18 Price Changed $129,900 0.0% $72 / Sq Ft
11/01/2018 11/01/18 For Sale $129,900 +0.7% $72 / Sq Ft
09/12/2018 09/12/18 Off Market $129,000 -- --
09/09/2018 09/09/18 Price Changed $139,900 +2.2% $78 / Sq Ft
09/08/2018 09/08/18 For Sale $136,900 -- $76 / 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 $2,689 $211,500 $42,300 $169,200
2024 $2,689 $211,500 $42,300 $169,200
2023 $2,689 $192,100 $38,420 $153,680
2022 $1,855 $192,100 $38,420 $153,680
2021 $1,855 $0 $0 $0
2020 $1,855 $0 $0 $0
2019 $1,723 $0 $0 $0
2018 $1,797 $0 $0 $0
2017 $1,797 $0 $0 $0
2016 $1,797 $0 $0 $0
2015 $1,721 $0 $0 $0
2014 -- $128,400 $17,033 $111,367
2012 -- $18,240 $5,472 $12,768
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Abraham Varickaplammo

    American Home Realty Center, Inc.

    Section Image
  • Charise Jones-Wheeler

    Buyer's Agent in 2019

    Charise Jones-Wheeler

    Elfant Wissahickon-Chestnut Hill

    (570) 982-3680

    38 Total Sales

    Charise Jones-Wheeler
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002830952

Bright MLS

APN: 612315100

Pennsylvania Philadelphia County Philadelphia 19120 Olney

5418 N 5th St, Philadelphia, PA

This home is located at 5418 N 5th St, Philadelphia, PA 19120 since 08 September 2018 and is currently estimated at $212,029, approximately $117 per square foot. This property was built in 1940. 5418 N 5th St is a home located in Philadelphia County with nearby schools including Thurgood Marshall School, Birney Preparatory Academy, and Olney Charter High School.

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