NOT LISTED FOR SALE

Estimated Value: $260,000 - $272,536

-- Bed
-- Bath
1,984 Sq Ft
$133/Sq Ft Est. Value

Last Sold October 19, 2023

Last sale price $245,000 $123 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,575/month

17 Days on Market

About This Home

As of October 2023

Welcome to 5556 Pine St, a twin/detached, 2+3 duplex, located in the Cobbs Creek section of Philadelphia. This property offers 2,000 square feet of livable space with endless potential! Perfect for the experienced investor or owner occupant. Each unit has their own entry door off of the front porch. Enter through the 1st floor (tenant occupied) unit where you're greeted by a living room with a fireplace. Down the hallway you have 3 bedrooms, 1 full bathroom, a 1/2 bath, and kitchen. Ascend the stairway to the 2nd unit where you're greeted by a living room with a private balcony. Bedroom #1 is spacious with closet space and bedroom #2 offers a half bathroom! The third room can be used as desired (possible 3rd bedroom). You will also find a full bathroom and a kitchen at the end of the hall. Kitchen door leads to fire escape. First floor tenant has been living there long term.

Last Agent to Sell the Property

John Durnell

(484) 574-6047 johnnydurnell.realestate@gmail.com RE/MAX Town & Country Listed on: 08/10/2023

RE/MAX Town & Country

Last Buyer's Agent

Andrew Spognardi

(267) 987-5045 aspogie@gmail.com RE/MAX Signature

RE/MAX Signature

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,227

Year Built

  • Built in 1925

Lot Details

  • 1,293 Sq Ft Lot
  • Lot Dimensions are 16.00 x 80.00
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • 1,984 Sq Ft Home
  • Duplex
  • Colonial Architecture
  • Flat Roof Shape
  • Brick Foundation
  • Masonry
  • Stucco

Utilities

  • Window Unit Cooling System
  • Radiator
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 114
  • Assessor Parcel Number 604098900

Community Details

Overview

  • 2 Units

Building Details

  • 1 Vacant Unit
  • Gross Income $26,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,227

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2023-08-10
  • Year Built: 1925
  • Automatically Close On Close Date: Yes
  • Special Features: None

Interior Features

  • Foundation Details: Brick/Mortar
  • Total Sq Ft: 1984
  • Living Area Sq Ft: 1984
  • Price Per Sq Ft: 123.21
  • Above Grade Finished Sq Ft: 1984
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry, Stucco
  • Roof: Flat
  • 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 Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.03
  • Lot Dimensions: 16.00 x 80.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1293.00
  • Property Condition: Average, Good
  • Zoning: RSA5

Rental Info

  • Existing Lease Type: Long Term
  • Rent Control: No
  • Total Actual Rent: 11300.00
  • Units Furnished: Some
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • School Tax: 1222.00
  • Tax Annual Amount: 2227.00
  • Assessor Parcel Number: 604098900
  • Tax Lot: 114
  • Tax Data Updated: No
  • Tax Year: 2023

Multi Family

  • Number Of Units Vacant: 1
  • Gross Income: 11300.00
  • Gross Scheduled Income: 26700.00
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2007
Sold by
Mimms Michael
Bought by
Poindexter Shanda R
Current Estimated Value
$264,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,068
Interest Rate
6.72%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 6, 1998
Sold by
Cucinotta Joyce E and Jackson Emma C
Bought by
Mimms Michael
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
Poindexter Shanda R $125,000 New Jersey Title Ins Co
Mimms Michael $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poindexter Shanda R $132,457
Open Poindexter Shandra R $669,943
Closed Poindexter Shanda R $38,500
Closed Poindexter Shanda R $168,075
Closed Poindexter Shanda R $123,068
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2023 10/19/23 Sold $245,000 +0.2% $123 / Sq Ft
10/15/2023 10/15/23 Price Changed $244,450 0.0% $123 / Sq Ft
08/28/2023 08/28/23 Pending -- -- --
08/25/2023 08/25/23 Price Changed $244,450 -4.3% $123 / Sq Ft
08/10/2023 08/10/23 For Sale $255,450 -- $129 / 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 $2,227 $192,000 $38,400 $153,600
2024 $2,227 $192,000 $38,400 $153,600
2023 $2,227 $159,100 $31,800 $127,300
2022 $1,286 $159,100 $31,800 $127,300
2021 $1,286 $0 $0 $0
2020 $1,286 $0 $0 $0
2019 $1,239 $0 $0 $0
2018 $1,239 $0 $0 $0
2017 $1,239 $0 $0 $0
2016 $1,239 $0 $0 $0
2015 $1,186 $0 $0 $0
2014 -- $88,500 $6,346 $82,154
2012 -- $11,456 $1,931 $9,525
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2264528

Bright MLS

APN: 604098900