Seller's Agent in 2019
Scott Neifeld
Compass RE
(215) 275-3040
1 in this area
53 Total Sales
5526 Walnut St Philadelphia, PA 19139
Cobbs Creek NeighborhoodEstimated Value: $342,000 - $438,000
--
Bed
2
Baths
1,800
Sq Ft
$217/Sq Ft
Est. Value
Highlights
- Straight Thru Architecture
- 5-minute walk to 56Th Street
- Laundry Facilities
- No HOA
- En-Suite Primary Bedroom
- Heating System Uses Gas
About This Home
As of January 2019Great porch front duplex in the heart of West Philadelphia on Walnut Street. Perfect for contractors to fix and flip or fix and hold for long term income. Extensive fire damage in the rear of the ground floor apartment. Please see attached structural report and included pictures. This property is in need of renovation. In addition to the fire damage there is extensive smoke and water damage as all windows were broken by fire department. This duplex was previously fully leased with the ground floor unit rented for $700 and the second floor rented for $600. Both units were under rented to long term tenants. All utilities are off and will not be activated by Seller. Please bring a flash light to view property.
Last Agent to Sell the Property
(215) 275-3040 scott@phillysbestaddress.com Compass RE License #RS202694L Listed on: 04/15/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,271
Year Built
- Built in 1925
Lot Details
- 2,000 Sq Ft Lot
- Lot Dimensions are 20x100
Parking
- On-Street Parking
Home Design
- Duplex
- Straight Thru Architecture
- Fixer Upper
- Flat Roof Shape
- Brick Exterior Construction
Interior Spaces
- En-Suite Primary Bedroom
- 1,800 Sq Ft Home
- Basement Fills Entire Space Under The House
Utilities
- Heating System Uses Gas
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 117
- Assessor Parcel Number 604037700
Community Details
Overview
- No Home Owners Association
- 2 Units
- Philadelphia Subdivision
Additional Features
- Laundry Facilities
- Operating Expense $1,271
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 15, 2018
Closed on
Jan 17, 2019
Sold by
Nichols Jay Scott
Bought by
City Block Acquisition X Llc
Seller's Agent
Scott Neifeld
Compass RE
Buyer's Agent
Bruce Benjamin
Compass RE
List Price
$84,900
Sold Price
$68,000
Premium/Discount to List
-$16,900
-19.91%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,000
Avg. Annual Appreciation
29.38%
Purchase Details
Closed on
Sep 4, 1998
Sold by
Nichols Jay Scott and Nichols Pamela
Bought by
Nichols Jay Scott
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| City Block Acquisition X Llc | $68,000 | None Available | |
| Nichols Jay Scott | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/17/2019 01/17/19 | Sold | $68,000 | -13.8% | $38 / Sq Ft |
| 12/15/2018 12/15/18 | Pending | -- | -- | -- |
| 11/29/2018 11/29/18 | Price Changed | $78,900 | -7.1% | $44 / Sq Ft |
| 10/31/2018 10/31/18 | For Sale | $84,900 | +24.9% | $47 / Sq Ft |
| 10/30/2018 10/30/18 | Off Market | $68,000 | -- | -- |
| 05/21/2018 05/21/18 | Price Changed | $84,900 | 0.0% | $47 / Sq Ft |
| 05/21/2018 05/21/18 | For Sale | $84,900 | +24.9% | $47 / Sq Ft |
| 04/19/2018 04/19/18 | Off Market | $68,000 | -- | -- |
| 04/15/2018 04/15/18 | For Sale | $74,900 | -- | $42 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $915 | $431,400 | $86,280 | $345,120 |
| 2024 | $915 | $431,400 | $86,280 | $345,120 |
| 2023 | $915 | $65,400 | $13,000 | $52,400 |
| 2022 | $1,473 | $65,400 | $13,000 | $52,400 |
| 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 | $10,269 | $0 | $0 | $0 |
| 2015 | $10,269 | $0 | $0 | $0 |
| 2014 | -- | $105,100 | $9,809 | $95,291 |
| 2012 | -- | $9,088 | $3,200 | $5,888 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Neifeld
-
Bruce Benjamin
Buyer's Agent in 2019
Bruce Benjamin
Compass RE
(215) 805-0172
66 Total Sales
Map
Source: Bright MLS
MLS Number: 1000411312
APN: 604037700
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