NOT LISTED FOR SALE

5438 Walnut St Philadelphia, PA 19139

Cobbs Creek Neighborhood

Estimated Value: $214,000 - $249,239

-- Bed
-- Bath
2,130 Sq Ft
$111/Sq Ft Est. Value

Last Sold March 28, 2017

Last sale price $135,000 $63 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,491/month

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Hot Water Heating System

About This Home

As of March 2017

Start earning income immediately with this well-maintained 2 + 2 duplex in West Philadelphia. Located on an arterial route, this is a proper 2 family dwelling with 2 heaters, 2 water heaters and separately metered. Enter the First floor unit living room through a covered porch and its own separate front door. Living room is carpeted with a large front bay window. Through a carpeted hallway to access 2 bedrooms and full bath. Toward the rear is a dining room with natural side light. Through to full kitchen with dishwasher and more natural light from rear window. Access the full, partially finished basement from the first floor unit. Basement has mechanicals, half bath, laundry hook-up and plenty of storage space. Second floor unit is entered through a separate, exterior front door. Second floor is a newly carpeted, 2 bedroom, 1 full bath unit with access to a covered front porch. First floor lease is through the Housing Choice Voucher program (formerly section 8).

Last Agent to Sell the Property

John Houpert

(215) 858-7147 Jh@johnhoupert.com Homestarr Realty License #RS227454L Listed on: 01/24/2017

Homestarr Realty

Last Buyer's Agent

elaine saraceni

(610) 529-5610 acquestre@aol.com Acquest Real Estate LLC License #RM045753A

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,440

Year Built

  • Built in 1925

Lot Details

  • 1,598 Sq Ft Lot
  • Lot Dimensions are 18x90

Parking

  • On-Street Parking

Home Design

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

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,130 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Utilities

  • Heating System Uses Gas
  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 168
  • Assessor Parcel Number 603031600

Community Details

Overview

  • No Home Owners Association
  • Philadelphia Subdivision

Building Details

  • Operating Expense $1,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,440

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Remarks Public: Start earning income immediately with this well-maintained 2 + 2 duplex in West Philadelphia. Located on an arterial route, this is a proper 2 family dwelling with 2 heaters, 2 water heaters and separately metered. Enter the First floor unit living room through a covered porch and its own separate front door. Living room is carpeted with a large front bay window. Through a carpeted hallway to access 2 bedrooms and full bath. Toward the rear is a dining room with natural side light. Through to full kitchen with dishwasher and more natural light from rear window. Access the full, partially finished basement from the first floor unit. Basement has mechanicals, half bath, laundry hook-up and plenty of storage space. Second floor unit is entered through a separate, exterior front door. Second floor is a newly carpeted, 2 bedroom, 1 full bath unit with access to a covered front porch. First floor lease is through the Housing Choice Voucher program (formerly section 8).
  • Special Features: VirtualTour

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Hookup
  • Total Sq Ft: 2130
  • Living Area Sq Ft: 2130
  • Price Per Sq Ft: 65.73
  • Above Grade Finished Sq Ft: 2130
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5438

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water
  • 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

Schools

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

Lot Info

  • Improvement Assessed Value: 87465.00
  • Land Assessed Value: 15435.00
  • Land Use Code: W30
  • Lot Size Acres: 0.04
  • Lot Dimensions: 18X90
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1598.00
  • Property Attached Yn: Yes
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1325567
  • Tax Annual Amount: 1440.00
  • Assessor Parcel Number: 603031600
  • Tax Lot: 168
  • Tax Year: 2016
  • Close Date: 03/28/2017

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2017
Closed on
Mar 28, 2017
Sold by
Wright Albert
Bought by
Sebhatu Teshome T
Seller's Agent
John Houpert
Homestarr Realty
Buyer's Agent
elaine saraceni
Acquest Real Estate LLC
List Price
$140,000
Sold Price
$135,000
Premium/Discount to List
-$5,000
-3.57%
Current Estimated Value
$236,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,080
Avg. Annual Appreciation
6.72%
Original Mortgage
$97,500
Outstanding Balance
$81,001
Interest Rate
4.15%
Mortgage Type
Commercial
Estimated Equity
$155,079

Purchase Details

Closed on
Jan 31, 2007
Sold by
Reid Sarah O James
Bought by
Wright Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
6.22%
Mortgage Type
Commercial
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
Sebhatu Teshome T $135,000 Strong Abstract Inc
Wright Albert $85,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sebhatu Teshome T $97,500
Previous Owner Wright Albert $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2017 03/28/17 Sold $135,000 -3.6% $63 / Sq Ft
01/30/2017 01/30/17 Pending -- -- --
01/24/2017 01/24/17 For Sale $140,000 -- $66 / 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 $3,054 $233,500 $46,700 $186,800
2024 $3,054 $233,500 $46,700 $186,800
2023 $3,054 $218,200 $43,600 $174,600
2022 $1,613 $218,200 $43,600 $174,600
2021 $1,613 $0 $0 $0
2020 $1,613 $0 $0 $0
2019 $1,552 $0 $0 $0
2018 $1,440 $0 $0 $0
2017 $1,440 $0 $0 $0
2016 $1,440 $0 $0 $0
2015 $1,379 $0 $0 $0
2014 -- $102,900 $7,835 $95,065
2012 -- $12,576 $2,515 $10,061
Source: Public Records

Agents Affiliated with this Home

  • John Houpert

    Seller's Agent in 2017

    John Houpert

    Homestarr Realty

    (215) 858-7147

    15 Total Sales

    John Houpert
    Section Image

  • e

    Buyer's Agent in 2017

    elaine saraceni

    Acquest Real Estate LLC

    (610) 529-5610

    1 in this area

    8 Total Sales

    elaine saraceni
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003214993

Bright MLS

APN: 603031600

Pennsylvania Philadelphia County Philadelphia 19139 Cobbs Creek

5438 Walnut St, Philadelphia, PA

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