NOT LISTED FOR SALE

5831 Rising Sun Ave Philadelphia, PA 19120

Lawncrest Neighborhood

Estimated Value: $173,057

-- Bed
-- Bath
1,856 Sq Ft
$93/Sq Ft Est. Value

Last Sold May 18, 2016

Last sale price $153,000 $82 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,102/month

193 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Hot Water Heating System

About This Home

As of May 2016

Large mix use building sale. Newly renovated in the busy commercial street. 1st floor currently used as hair salon with 3 years lease left, rented $795/month and $100 increase each year. Large commercial glass window for display and view from street. Large space with tile floor and large bathroom. Access to large basement for storage and large fenced backyard. Basement has access steps to the the street for loading. Both units share water bill. Separate electric meter for lighting, hot water heater and heater for 1st floor. No kitchen. No gas; 2nd floor: Newly rented starting Nov 2015 on a month to term 750/month. 3 large bedroom, hallway full bathroom, living room and eat in kitchen. Gas hot water heater and heater for 2nd floor, gas cooking. Electric lighting. Separate electric and gas meter. Access to exterior steps to backyard. Owner has installed and replaced newer plumbing and sewer lines. Close to public transportation, schools and shopping area. Great for business owners to live up stairs or rent out for cash flow.

Last Agent to Sell the Property

Emily Qing Hui Wang

Century 21 Advantage Gold-South Philadelphia License #RS288073 Listed on: 09/05/2015

Century 21 Advantage Gold-South Philadelphia

Last Buyer's Agent

Scott Li

RealtyTopia, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,079

Year Built

  • Built in 1928

Lot Details

  • 1,249 Sq Ft Lot
  • Lot Dimensions are 17x80

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,856 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 610
  • Assessor Parcel Number 871547160

Community Details

Overview

  • No Home Owners Association
  • Lawncrest Subdivision

Building Details

  • Operating Expense $1,990

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,079

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement
  • Year Built: 1928
  • Remarks Public: Large mix use building sale. Newly renovated in the busy commercial street. 1st floor currently used as hair salon with 3 years lease left, rented $795/month and $100 increase each year. Large commercial glass window for display and view from street. Large space with tile floor and large bathroom. Access to large basement for storage and large fenced backyard. Basement has access steps to the the street for loading. Both units share water bill. Separate electric meter for lighting, hot water heater and heater for 1st floor. No kitchen. No gas; 2nd floor: Newly rented starting Nov 2015 on a month to term 750/month. 3 large bedroom, hallway full bathroom, living room and eat in kitchen. Gas hot water heater and heater for 2nd floor, gas cooking. Electric lighting. Separate electric and gas meter. Access to exterior steps to backyard. Owner has installed and replaced newer plumbing and sewer lines. Close to public transportation, schools and shopping area. Great for business owners to live up stairs or rent out for cash flow.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Entry Location: Foyer
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 1856
  • Living Area Sq Ft: 1856
  • Price Per Sq Ft: 82.44
  • Above Grade Finished Sq Ft: 1856
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5831

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
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Improvement Assessed Value: 123500.00
  • Land Assessed Value: 25000.00
  • Land Use Code: Y30
  • Lot Size Acres: 0.03
  • Lot Dimensions: 17X80
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1249.00
  • Zoning: CMX1

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 18540.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1107811
  • Tax Annual Amount: 2079.00
  • Assessor Parcel Number: 871547160
  • Tax Lot: 610
  • Tax Year: 2016
  • Close Date: 05/18/2016

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2019
Sold by
Ngo Han Tri Truc and Tang Doanh Quoc
Bought by
Tang Thinh Quoc
Current Estimated Value
$173,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Outstanding Balance
$56,260
Interest Rate
3.6%
Mortgage Type
Unknown
Estimated Equity
$116,113

Purchase Details

Listed on
Sep 5, 2015
Closed on
May 18, 2016
Sold by
H & H 28 Llc
Bought by
Ngo Han Tri Truc and Tang Doanh Quoc
Seller's Agent
Emily Qing Hui Wang
Century 21 Advantage Gold-South Philadelphia
Buyer's Agent
Scott Li
RealtyTopia, LLC
List Price
$166,800
Sold Price
$153,000
Premium/Discount to List
-$13,800
-8.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.29%
Original Mortgage
$122,400
Interest Rate
3.59%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 8, 2014
Sold by
Messina Mario and Messina Rosetta
Bought by
H & H 28 Llc

Purchase Details

Closed on
Jul 17, 1980
Bought by
Messina Mario and Messina Rosetta
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
Tang Thinh Quoc $111,000 Focus Abstract Inc
Ngo Han Tri Truc $153,000 American Legal Abstract
H & H 28 Llc $119,200 None Available
Messina Mario -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tang Thinh Quoc $110,000
Previous Owner Ngo Han Tri Truc $122,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2016 05/18/16 Sold $153,000 -8.3% $82 / Sq Ft
03/16/2016 03/16/16 Pending -- -- --
09/05/2015 09/05/15 For Sale $166,800 -- $90 / 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 $1,991 $141,000 $28,200 $112,800
2024 $1,991 $141,000 $28,200 $112,800
2023 $1,991 $142,200 $28,440 $113,760
2022 $1,991 $142,200 $28,440 $113,760
2021 $1,852 $0 $0 $0
2020 $1,852 $0 $0 $0
2019 $1,834 $0 $0 $0
2018 $2,023 $0 $0 $0
2017 $2,079 $0 $0 $0
2016 $2,079 $0 $0 $0
2015 $1,970 $0 $0 $0
2014 -- $148,500 $25,000 $123,500
Source: Public Records

Agents Affiliated with this Home

  • Emily Qing Hui Wang

    Seller's Agent in 2016

    Emily Qing Hui Wang

    Century 21 Advantage Gold-South Philadelphia

    (267) 254-4405

    4 in this area

    116 Total Sales

    Emily Qing Hui Wang
    Section Image
  • Scott Li

    Buyer's Agent in 2016

    Scott Li

    RealtyTopia, LLC

    (215) 510-4581

    11 Total Sales

    Scott Li
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002700604

Bright MLS

APN: 871547160

Pennsylvania Philadelphia County Philadelphia 19120 Lawncrest

5831 Rising Sun Ave, Philadelphia, PA

This home is located at 5831 Rising Sun Ave, Philadelphia, PA 19120 since 05 September 2015 and is currently estimated at $173,057, approximately $93 per square foot. This property was built in 1928. 5831 Rising Sun Ave is a home located in Philadelphia County with nearby schools including Benjamin Franklin Elementary School, Samuel Fels High School, and Mast Community Charter Ii.

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