$79,000 - $95,000
RENTED JUL 28, 2025
2 Beds
1 Bath
896 Sq Ft
$96 Price per Sq Ft

Last Sold May 08, 2023

Last sale price $73,000 $81 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $544/month

Highlights

  • Straight Thru Architecture
  • Heating Available
  • 1-minute walk to Nichols Park
  • No HOA

About This Home

As of July 2025

Introducing 5506 Race St, a charming 2-bedroom, 1-bathroom house located in the heart of Philadelphia, PA. This cozy home features a spacious backyard, perfect for outdoor gatherings and relaxation. The kitchen is equipped with modern appliances, making meal preparation a breeze. With a basement for extra storage space, this house offers convenience and comfort. Don't miss the opportunity to make this lovely property your new home sweet home in Philadelphia.

Last Agent to Rent the Property

Kirk Waechter

Prosperity Real Estate & Investment Services License #RM423448 Listed on: 04/28/2025

Last Renter's Agent

Kirk Waechter

Prosperity Real Estate & Investment Services License #RM423448 Listed on: 04/28/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $890

Year Built

  • Built in 1925

Lot Details

  • 1,040 Sq Ft Lot
  • Lot Dimensions are 16.00 x 65.00
  • Property is in good condition
  • Property is zoned RSA5

Parking

  • On-Street Parking

Home Design

  • Straight Thru Architecture

Interior Spaces

  • 896 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Utilizes Natural Gas
  • Heating Available
  • Natural Gas Water Heater
  • Public Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,400
  • No Smoking Allowed
  • 12-Month Lease Term
  • Available 4/28/25
  • Assessor Parcel Number 041006100

Home Details

Home Type

Single Family

Est. Annual Taxes

$890

Year Built

Built in 1925

Lot Details

0

Rental Info

  • Date Available: 2025-04-28
  • Pets Allowed: No
  • Security Deposit: 1400.00
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Max Lease in Months: 12
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Architectural Style: Straight Thru
  • New Construction: No
  • Story List: Main
  • Year Built: 1925
  • Remarks Public: Introducing 5506 Race St, a charming 2-bedroom, 1-bathroom house located in the heart of Philadelphia, PA. This cozy home features a spacious backyard, perfect for outdoor gatherings and relaxation. The kitchen is equipped with modern appliances, making meal preparation a breeze. With a basement for extra storage space, this house offers convenience and comfort. Don't miss the opportunity to make this lovely property your new home sweet home in Philadelphia.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 896
  • Living Area Sq Ft: 896
  • Price Per Sq Ft: 1.56
  • Above Grade Finished Sq Ft: 896
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5506

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • 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
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Land Use Code: O30
  • Lot Size Acres: 0.02
  • Lot Dimensions: 16.00 x 65.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1040.00
  • Property Condition: Good
  • Zoning: RSA5

Tax Info

  • Assessor Parcel Number: 041006100
  • Close Date: 07/28/2025

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2023
Closed on
May 8, 2023
Sold by
Siddique Javed N
Bought by
5506 Race Llc
Seller's Agent
Kirk Waechter
Prosperity Real Estate & Investment Services
Buyer's Agent
Kirk Waechter
Prosperity Real Estate & Investment Services
List Price
$79,000
Sold Price
$73,000
Premium/Discount to List
-$6,000
-7.59%
Views
6
Current Estimated Value
$86,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,370
Avg. Annual Appreciation
7.59%

Purchase Details

Listed on
Aug 20, 2019
Closed on
Nov 8, 2019
Sold by
Mooty Laverne
Bought by
Siddique Javed N
Seller's Agent
Thaxter Hicks
LPT Realty, LLC
Buyer's Agent
Thaxter Hicks
LPT Realty, LLC
List Price
$65,000
Sold Price
$62,000
Premium/Discount to List
-$3,000
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.67%
Original Mortgage
$49,600
Interest Rate
3.65%

Purchase Details

Closed on
Oct 26, 1984
Bought by
Mooty Laverne
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
5506 Race Llc $65,000 Prosperity Abstract
Siddique Javed N $62,000 Surety Abstract Services Llc
Mooty Laverne $4,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Siddique Javed N $49,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2025 07/28/25 Rented $1,400 0.0% --
04/28/2025 04/28/25 For Rent $1,400 0.0% --
05/08/2023 05/08/23 Sold $73,000 -7.6% $81 / Sq Ft
04/18/2023 04/18/23 Pending -- -- --
04/18/2023 04/18/23 For Sale $79,000 +27.4% $88 / Sq Ft
10/09/2019 10/09/19 Sold $62,000 -4.6% $69 / Sq Ft
08/29/2019 08/29/19 Pending -- -- --
08/20/2019 08/20/19 For Sale $65,000 -- $73 / 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 $890 $90,200 $18,040 $72,160
2024 $890 $90,200 $18,040 $72,160
2023 $890 $63,600 $12,720 $50,880
2022 $585 $63,600 $12,720 $50,880
2021 $585 $0 $0 $0
2020 $585 $0 $0 $0
2019 $564 $0 $0 $0
2018 $703 $0 $0 $0
2017 $703 $0 $0 $0
2016 $703 $0 $0 $0
2015 $4,905 $0 $0 $0
2014 -- $50,200 $4,576 $45,624
2012 -- $4,800 $1,725 $3,075
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2475976

Bright MLS

APN: 041006100