NOT LISTED FOR SALE

5504 Walnut St Philadelphia, PA 19139

Cobbs Creek Neighborhood

Estimated Value: $350,000 - $438,343

-- Bed
-- Bath
2,304 Sq Ft
$174/Sq Ft Est. Value

Last Sold May 06, 2019

Last sale price $299,500 $130 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,473/month

7 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Heat Pump System

About This Home

As of May 2019

Modern professionally renovated (2015) four unit building featuring modern amenities and large second floor balcony. Authentic hardwood floor in all living and bedrooms. Upgraded amenities include all modern kitchens featuring built in microwaves ovens and newer ceramic baths. Conveniently located minutes away from Univ. of Penn and Drexel.

Last Agent to Sell the Property

Tobias Biddle

Quality Real Estate-Broad St License #RM050948A Listed on: 03/13/2019

Last Buyer's Agent

Cory Santiago

Tesla Realty Group, LLC License #RS307307

Tesla Realty Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,473

Year Built

  • Built in 1925

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20.00 x 100.00

Parking

  • On-Street Parking

Home Design

  • 2,304 Sq Ft Home
  • Quadruplex
  • Traditional Architecture
  • Flat Roof Shape
  • Stone Foundation
  • Masonry

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Utilities

  • Heat Pump System
  • Back Up Electric Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • The owner pays for advertising/licenses and permits, common area maintenance, insurance, sewer, water, real estate taxes
  • Tax Lot 183
  • Assessor Parcel Number 604036600

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • 2-Story Building
  • Philadelphia Subdivision

Building Details

  • 2 Vacant Units
  • Income includes apartment rentals
  • Trash Expense $300
  • Net Operating Income $27,948

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,473

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1925
  • Remarks Public: Modern professionally renovated (2015) four unit building featuring modern amenities and large second floor balcony. Authentic hardwood floor in all living and bedrooms. Upgraded amenities include all modern kitchens featuring built in microwaves ovens and newer ceramic baths. Conveniently located minutes away from Univ. of Penn and Drexel.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2304
  • Living Area Sq Ft: 2304
  • Price Per Sq Ft: 129.99
  • Above Grade Finished Sq Ft: 2304
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5504

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Exterior Features: Fire Escape, Street Lights
  • Roof: Flat
  • Spa: No
  • 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: Heat Pump(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Security: Fire Detection System
  • Sewer/Septic System: Public Sewer
  • Monthly Water Average: 70
  • Water Previous Twelve Months: 840.00
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 89519.00
  • Land Assessed Value: 15681.00
  • Land Use Code: W30
  • Lot Size Acres: 0.05
  • Lot Dimensions: 20.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2000.00
  • Year Assessed: 2020
  • Zoning: RM1

Rental Info

  • Ground Rent Exists: No
  • Owner Pays: Advertising/Licenses And Permits, Common Area Maintenance, Insurance, Sewer, Water, Taxes - Real Estate
  • Rent Control: No
  • Total Actual Rent: 37980.00
  • Units Furnished: All
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1327013
  • School Tax: 808.00
  • Tax Annual Amount: 1473.00
  • Assessor Parcel Number: 604036600
  • Tax Lot: 183
  • Tax Total Finished Sq Ft: 2304
  • Tax Data Updated: Yes
  • Tax Year: 2020
  • Close Date: 05/06/2019

Multi Family

  • Number Of Units Vacant: 2
  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2019
Closed on
May 14, 2019
Sold by
5504 Walnut Street Llc
Bought by
Johnson Alexander L
Seller's Agent
Tobias Biddle
Quality Real Estate-Broad St
Buyer's Agent
Cory Santiago
Tesla Realty Group, LLC
List Price
$299,500
Sold Price
$299,500
Current Estimated Value
$401,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,614
Avg. Annual Appreciation
4.22%
Original Mortgage
$294,074
Outstanding Balance
$260,794
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$127,681

Purchase Details

Closed on
Oct 2, 2013
Sold by
Conyers Linda and Conyers Nolton
Bought by
5504 Walnut Street Llc

Purchase Details

Closed on
Oct 12, 2007
Sold by
Conyers Nolton
Bought by
Conyers Linda and Conyers Nolton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.39%
Mortgage Type
Commercial

Purchase Details

Closed on
May 17, 2005
Sold by
Harris Walter D and Harris Lawrence R
Bought by
Conyers Nolton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,250
Interest Rate
8.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 29, 1997
Sold by
Harris Lawrence R and Harris Walter D
Bought by
Harris Walter D
Source: Public Records

Range of Values:

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Average Value
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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
Johnson Alexander L $299,500 Assured Settlement Services
5504 Walnut Street Llc $35,200 None Available
Conyers Linda -- Custom Title Solutions
Conyers Nolton $85,000 Northwest Title
Harris Walter D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Alexander L $294,074
Previous Owner 5504 Walnut Street Llc $353,750
Previous Owner Conyers Linda $112,000
Previous Owner Conyers Nolton $72,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2019 05/06/19 Sold $299,500 0.0% $130 / Sq Ft
03/20/2019 03/20/19 Pending -- -- --
03/15/2019 03/15/19 Off Market $299,500 -- --
03/13/2019 03/13/19 For Sale $299,500 -- $130 / 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 $3,458 $358,200 $71,640 $286,560
2024 $3,458 $358,200 $71,640 $286,560
2023 $3,458 $247,000 $49,400 $197,600
2022 $843 $202,000 $49,400 $152,600
2021 $1,473 $0 $0 $0
2020 $1,473 $0 $0 $0
2019 $1,418 $0 $0 $0
2018 $1,271 $0 $0 $0
2017 $1,271 $0 $0 $0
2016 $1,271 $0 $0 $0
2015 $1,408 $0 $0 $0
2014 -- $105,100 $9,809 $95,291
2012 -- $9,088 $3,163 $5,925
Source: Public Records

Agents Affiliated with this Home

  • Tobias Biddle

    Seller's Agent in 2019

    Tobias Biddle

    Quality Real Estate-Broad St

    (215) 432-8000

    6 in this area

    170 Total Sales

    Tobias Biddle
    Section Image
  • Cory Santiago

    Buyer's Agent in 2019

    Cory Santiago

    Tesla Realty Group, LLC

    (484) 318-9385

    42 Total Sales

    Cory Santiago
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH725954

Bright MLS

APN: 604036600

Pennsylvania Philadelphia County Philadelphia 19139 Cobbs Creek

5504 Walnut St, Philadelphia, PA

This home is located at 5504 Walnut St, Philadelphia, PA 19139 since 13 March 2019 and is currently estimated at $401,114, approximately $174 per square foot. This property was built in 1925. 5504 Walnut St is a home located in Philadelphia County with nearby schools including Andrew Hamilton School, William L. Sayre High School, and Global Leadership Academy Charter School Southwest.

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