NOT LISTED FOR SALE

5421 N Palethorp St Philadelphia, PA 19120

Olney Neighborhood
-- Bed
-- Bath
2,928 Sq Ft
6,967 Sq Ft Lot

Last Sold October 31, 2018

Last sale price $175,000 $60 Per Sq Ft

Highlights

  • 0.16 Acre Lot
  • 3-minute walk to Olney
  • Heating Available
  • No HOA
  • En-Suite Primary Bedroom

About This Home

As of October 2018

Triplex in need of upgrading with 14 single car garages on the property. Property is 3 addresses wide. Sold with 5425 N Palethorp Street. No exceptions.

Last Agent to Sell the Property

Ryan Straub

(215) 359-8419 ryan@nrephilly.com City & Suburban Real Estate Listed on: 11/14/2017

City & Suburban Real Estate

Co-Listed By

Michael Fasone

(215) 768-8085 michaelfasone@nrephilly.com Hometown Realty Associates, LLC License #RS328736

Last Buyer's Agent

Michael Fasone

(215) 768-8085 michaelfasone@nrephilly.com Hometown Realty Associates, LLC License #RS328736

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,180

Year Built

  • Built in 1940

Lot Details

  • 6,967 Sq Ft Lot
  • Lot Dimensions are 50x139

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,928 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 8 Open Parking Spaces
  • 12 Parking Spaces

Utilities

  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 43
  • Assessor Parcel Number 422378300

Community Details

Overview

  • No Home Owners Association
  • Olney Subdivision

Building Details

  • Operating Expense $1,180

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,180

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1940
  • Remarks Public: Triplex in need of upgrading with 14 single car garages on the property. Property is 3 addresses wide. Sold with 5425 N Palethorp Street. No exceptions.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2928
  • Living Area Sq Ft: 2928
  • Price Per Sq Ft: 85.38
  • Above Grade Finished Sq Ft: 2928
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5421

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 8
  • Total Garage And Parking Spaces: 12

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Improvement Assessed Value: 67440.00
  • Land Assessed Value: 16860.00
  • Land Use Code: V10
  • Lot Size Acres: 0.16
  • Lot Dimensions: 50X139
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6967.00
  • Property Attached Yn: Yes
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 1188996
  • Tax Annual Amount: 1180.00
  • Assessor Parcel Number: 422378300
  • Tax Lot: 43
  • Tax Year: 2018
  • Close Date: 10/31/2018

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2019
Sold by
Mcginnis Real Estate Llc
Bought by
Palethorpe Garages Llc

Purchase Details

Closed on
Jun 2, 2005
Sold by
Hophan John R
Bought by
Mcginnis Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.79%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 11, 2000
Sold by
Hophan John R and Hophan Kathleen F
Bought by
Hophan John R
Source: Public Records

Range of Values:

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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
Palethorpe Garages Llc $50,000 First Partners Abstract Co
Mcginnis Real Estate Llc $150,000 --
Hophan John R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcginnis Real Estate Llc $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2018 10/31/18 Sold $175,000 -30.0% $60 / Sq Ft
06/15/2018 06/15/18 Pending -- -- --
05/07/2018 05/07/18 Price Changed $250,000 -3.8% $85 / Sq Ft
12/11/2017 12/11/17 Price Changed $260,000 -7.1% $89 / Sq Ft
11/14/2017 11/14/17 For Sale $280,000 -- $96 / 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 $1,180 $84,300 $16,860 $67,440
2024 $1,180 $84,300 $16,860 $67,440
2023 $1,180 $84,300 $16,860 $67,440
2022 $1,180 $84,300 $16,860 $67,440
2021 $1,180 $0 $0 $0
2020 $1,180 $0 $0 $0
2019 $1,180 $0 $0 $0
2018 $1,180 $0 $0 $0
2017 $1,180 $0 $0 $0
2016 $1,180 $0 $0 $0
2015 $1,130 $0 $0 $0
2014 -- $84,300 $16,860 $67,440
2012 -- $6,720 $2,307 $4,413
Source: Public Records

Agents Affiliated with this Home

  • Ryan Straub

    Seller's Agent in 2018

    Ryan Straub

    City & Suburban Real Estate

    (215) 359-8419

    2 in this area

    213 Total Sales

    Ryan Straub
    Section Image
  • Michael Fasone

    Seller Co-Listing Agent in 2018

    Michael Fasone

    Hometown Realty Associates, LLC

    (215) 768-8085

    75 Total Sales

    Michael Fasone
    Section Image
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Map

Source: Bright MLS

MLS Number: 1004139467

Bright MLS

APN: 422378300

Pennsylvania Philadelphia County Philadelphia 19120 Olney

5421 N Palethorp St, Philadelphia, PA

This home is located at 5421 N Palethorp St, Philadelphia, PA 19120 since 14 November 2017. This property was built in 1940. 5421 N Palethorp St is a home located in Philadelphia County with nearby schools including James R. Lowell Elementary School, Grover Washington Middle School, and Samuel Fels High School.

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