NOT LISTED FOR SALE

5514 N 6th St Philadelphia, PA 19120

Olney Neighborhood

Estimated Value: $167,459 - $187,000

-- Bed
-- Bath
1,200 Sq Ft
$147/Sq Ft Est. Value

Last Sold July 01, 2019

Last sale price $105,000 $88 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,137/month

8 Days on Market

Highlights

  • Straight Thru Architecture
  • No HOA
  • Dining Area
  • Main Floor Bedroom
  • Eat-In Kitchen
  • Radiator

About This Home

As of July 2019

In The Olney section, a very attractive 1 + 1 Twin Duplex. The duplex is located in a welcoming area. It does needs some various updating, but can produce a positive cash flow. The 1st floor has a living room, a clean kitchen with modern gas range. The bedroom has closet space along with a full bathroom. The 2nd floor also a 1 bedroom, full bath with living room and kitchen. The 2nd floor unit is is currently occupied. It s Rented for $500.00 a month, but could go for much more. There is a sizable rear yard for outdoor entertainment or just to sit and relax. There is a full basement that maybe converted to another living space. The unit has a Separate water, and heating systems. The owner would like to sell this Duplex AS IS condition and will look at all reasonable offers. The property is close to major schools, Girls High and Central High school along with La Salle University. Shopping in the area is very accessible along with public transportation, Broad and Olney bus and train station. If you are looking for a positive cash flow and you are good with your hands this could be for you. Set your appointment today.

Last Agent to Sell the Property

Kenneth Young

RE/MAX 2000 Listed on: 04/24/2019

RE/MAX 2000

Last Buyer's Agent

Ray Hunter

Victory Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,387

Year Built

  • Built in 1935

Lot Details

  • 1,709 Sq Ft Lot
  • Lot Dimensions are 19.00 x 89.96

Parking

  • Off-Site Parking

Home Design

  • Duplex
  • Straight Thru Architecture
  • Masonry

Interior Spaces

  • Main Floor Bedroom
  • 1,200 Sq Ft Home
  • Dining Area
  • Eat-In Kitchen

Schools

  • Thurgood Marshall Elementary And Middle School

Utilities

  • Radiator
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 97
  • Assessor Parcel Number 612270400

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Olney Subdivision

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,387

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1935
  • Remarks Public: In The Olney section, a very attractive 1 + 1 Twin Duplex. The duplex is located in a welcoming area. It does needs some various updating, but can produce a positive cash flow. The 1st floor has a living room, a clean kitchen with modern gas range. The bedroom has closet space along with a full bathroom. The 2nd floor also a 1 bedroom, full bath with living room and kitchen. The 2nd floor unit is is currently occupied. It s Rented for $500.00 a month, but could go for much more. There is a sizable rear yard for outdoor entertainment or just to sit and relax. There is a full basement that maybe converted to another living space. The unit has a Separate water, and heating systems. The owner would like to sell this Duplex AS IS condition and will look at all reasonable offers. The property is close to major schools, Girls High and Central High school along with La Salle University. Shopping in the area is very accessible along with public transportation, Broad and Olney bus and train station. If you are looking for a positive cash flow and you are good with your hands this could be for you. Set your appointment today.
  • Special Features: None

Interior Features

  • Interior Amenities: Dining Area, Entry Level Bedroom, Kitchen - Eat-In
  • Room Count: 6
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Price Per Sq Ft: 104.17
  • Above Grade Finished Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5514

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Site

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • Elementary School: THURGOOD MARSHALL SCHOOL
  • Middle School: THURGOOD MARSHALL SCHOOL
  • Elementary School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 300200397108
  • School District Source: 3rd Party
  • Elementary School: THURGOOD MARSHALL SCHOOL
  • Middle Or Junior School: THURGOOD MARSHALL SCHOOL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 84235.00
  • Land Assessed Value: 14865.00
  • Land Use Code: N30
  • Lot Size Acres: 0.04
  • Lot Dimensions: 19.00 x 89.96
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1709.00
  • Year Assessed: 2019
  • Zoning: RSA3

Rental Info

  • Number Of Units Month To Month: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1335939
  • School Tax: 761.00
  • Tax Annual Amount: 1387.00
  • Assessor Parcel Number: 612270400
  • Tax Lot: 97
  • Tax Total Finished Sq Ft: 1200
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/01/2019

Multi Family

  • Number Of Units Vacant: 1
  • Other Units: Unit 1,Unit 2
  • Single Room Units Count: 3

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2019
Closed on
Jun 26, 2019
Sold by
Barrow Flora
Bought by
Skinner Janis
Seller's Agent
Kenneth Young
RE/MAX 2000
Buyer's Agent
Ray Hunter
Victory Real Estate, LLC
List Price
$125,000
Sold Price
$105,000
Premium/Discount to List
-$20,000
-16%
Current Estimated Value
$175,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,820
Avg. Annual Appreciation
9.32%
Original Mortgage
$96,000
Outstanding Balance
$85,636
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$95,802

Purchase Details

Closed on
Dec 22, 1994
Sold by
Mansdoerfer Eugene K and Mansdoerfer Elizabeth M
Bought by
Barrow Flora
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
Skinner Janis $105,000 City Line Abstract Company
Barrow Flora $51,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skinner Janis $96,000
Previous Owner Barrow Flora $40,000
Previous Owner Barrow Flora $25,000
Previous Owner Barrow Flora $12,500
Previous Owner Barrow Flora $65,454
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2019 07/01/19 Sold $105,000 -16.0% $88 / Sq Ft
05/02/2019 05/02/19 Pending -- -- --
04/24/2019 04/24/19 For Sale $125,000 -- $104 / 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 $2,153 $167,000 $33,400 $133,600
2024 $2,153 $167,000 $33,400 $133,600
2023 $2,153 $153,800 $30,760 $123,040
2022 $1,492 $153,800 $30,760 $123,040
2021 $1,492 $0 $0 $0
2020 $1,492 $0 $0 $0
2019 $1,387 $0 $0 $0
2018 $1,459 $0 $0 $0
2017 $1,459 $0 $0 $0
2016 $1,459 $0 $0 $0
2015 $1,396 $0 $0 $0
2014 -- $104,200 $11,551 $92,649
2012 -- $13,376 $2,801 $10,575
Source: Public Records

Agents Affiliated with this Home

  • Kenneth Young

    Seller's Agent in 2019

    Kenneth Young

    RE/MAX

    (215) 681-5349

    5 in this area

    61 Total Sales

    Section Image

  • R

    Buyer's Agent in 2019

    Ray Hunter

    Victory Real Estate, LLC

    (267) 210-8939

    1 in this area

    9 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH789994

Bright MLS

APN: 612270400

Pennsylvania Philadelphia County Philadelphia 19120 Olney

5514 N 6th St, Philadelphia, PA

This home is located at 5514 N 6th St, Philadelphia, PA 19120 since 24 April 2019 and is currently estimated at $175,820, approximately $146 per square foot. This property was built in 1935. 5514 N 6th 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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