NOT LISTED FOR SALE

5534 Market St Philadelphia, PA 19139

Cobbs Creek Neighborhood

Estimated Value: $197,000 - $290,796

-- Bed
1 Bath
1,396 Sq Ft
$171/Sq Ft Est. Value

Last Sold April 23, 2015

Last sale price $132,000 $95 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $1,481/month

Highlights

  • Wood Flooring
  • 1-minute walk to 56Th Street
  • Heating Available
  • No HOA
  • En-Suite Primary Bedroom

About This Home

As of April 2015

Alert! Unusual big Duplex on Market St. Each unit has 3 bedrooms and 1 bathroom. Completely renovated. The first floor unit has a separate entrance and exclusive access to the large rear yard and basement. Front porch with marble tile floors, open floor plan with new hardwood floors that continue T/O the unit. The kitchens have granite countertops, ceramic tile and maple cabinets. Again this Duplex is renovated with very high quality materials and workmanship throughout! It has new roof, new plumbing and new electrical.. All the untilities are electric and also qualifies the duplex for a reduced rate (from PECO). Really this is a great opportunity for an investor looking for a turn-key property or for an owner occupant who wants rental income to pay for the mortgage. Rental price will be $900./month for second floor and $1200/month first floor. $2500. Agent bonus: If property is sold before February 28, 2015.

Last Agent to Sell the Property

Petraq Budo

(215) 279-0389 petraqbudo@yahoo.com Re/Max One Realty License #RS304088 Listed on: 11/13/2014

Re/Max One Realty

Last Buyer's Agent

Hoang Dang

(267) 270-7966 hoangdangunl@gmail.com Vihi Realty Co.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,000

Year Built

  • Built in 1954

Lot Details

  • 1,875 Sq Ft Lot
  • Lot Dimensions are 16 x 120

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,396 Sq Ft Home
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Utilities

  • Heating Available
  • 100 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 172
  • Assessor Parcel Number 604001400

Community Details

Overview

  • No Home Owners Association
  • Philadelphia Subdivision

Building Details

  • Operating Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,000

Year Built

Built in 1954

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: 1954
  • Special Features: None

Interior Features

  • Flooring Type: Wood
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1396
  • Living Area Sq Ft: 1396
  • Price Per Sq Ft: 100.29
  • Above Grade Finished Sq Ft: 1396
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • 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
  • Electric Service: 100 Amp Service
  • Heating Fuel: Electric
  • Heating Type: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 64475.00
  • Land Assessed Value: 10125.00
  • Lot Size Acres: 0.04
  • Lot Dimensions: 16 X 120
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1875.00
  • Zoning: CMX2

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1326748
  • Tax Annual Amount: 1000.00
  • Assessor Parcel Number: 604001400
  • Tax Lot: 172
  • Tax Year: 2015

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2014
Closed on
Apr 21, 2015
Sold by
Kotarja Rushdi and Kotarja Luan
Bought by
Hudson Hakim K
Seller's Agent
Petraq Budo
Re/Max One Realty
Buyer's Agent
Hoang Dang
Vihi Realty Co.
List Price
$175,000
Sold Price
$132,000
Premium/Discount to List
-$43,000
-24.57%
Current Estimated Value
$238,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,599
Avg. Annual Appreciation
5.78%
Original Mortgage
$129,609
Outstanding Balance
$102,595
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$136,004

Purchase Details

Closed on
Mar 20, 2013
Sold by
Duka Rilind
Bought by
Kotarja Rushdi and Kotarja Luan

Purchase Details

Closed on
Mar 19, 1971
Bought by
Ernest Lymon Peek
Source: Public Records

Range of Values:

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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
Hudson Hakim K $132,000 None Available
Kotarja Rushdi -- None Available
Ernest Lymon Peek -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hudson Hakim K $129,609
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2015 04/23/15 Sold $132,000 -24.6% $95 / Sq Ft
03/10/2015 03/10/15 Pending -- -- --
11/13/2014 11/13/14 For Sale $175,000 -- $125 / 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
2026 $2,787 $278,000 $55,600 $222,400
2025 $2,787 $278,000 $55,600 $222,400
2024 $2,787 $278,000 $55,600 $222,400
2023 $2,787 $199,100 $39,800 $159,300
2022 $1,519 $199,100 $39,800 $159,300
2021 $1,519 $0 $0 $0
2020 $1,519 $0 $0 $0
2019 $1,463 $0 $0 $0
2018 $1,044 $0 $0 $0
2017 $1,044 $0 $0 $0
2016 $1,032 $0 $0 $0
2015 $1,000 $0 $0 $0
2014 -- $74,600 $10,125 $64,475
2012 -- $7,424 $3,500 $3,924
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2015

    Petraq Budo

    RE/MAX

    (215) 279-0389

    61 Total Sales

    Petraq Budo
    Section Image

  • H

    Buyer's Agent in 2015

    Hoang Dang

    Vihi Realty Co.

    (267) 270-7966

    16 Total Sales

    Hoang Dang
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003151534

Bright MLS

APN: 604001400

Pennsylvania Philadelphia County Philadelphia 19139 Cobbs Creek

5534 Market St, Philadelphia, PA

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