NOT LISTED FOR SALE

Estimated Value: $123,000 - $172,000

3 Beds
1 Bath
1,064 Sq Ft
$141/Sq Ft Est. Value

Last Sold August 01, 2023

Last sale price $100,000 $94 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $954/month

64 Days on Market

Highlights

  • Traditional Architecture
  • 1 Car Attached Garage
  • Dining Room
  • No HOA
  • Living Room
  • Hot Water Heating System

About This Home

As of August 2023

5954 Palmetto St is a charming and spacious 3 bedroom, 1 bathroom current rental unit located in the heart of Philadelphia, PA. This property is perfect for an investor looking to add an income producing property to their portfolio. This property brings in $950 a month and comes in at a 7.3% Cap rate based on current expenses. You can look at those in the documents section of the MLS. This property is also a part of a party package and can be sold together or separately from the package.

As you step into the unit, you are greeted by a bright and open living space that is perfect for entertaining guests or relaxing after a long day. The adjacent kitchen is equipped appliances, including a refrigerator, oven, and stove, providing you with all the amenities necessary to cook up a delicious meal. The kitchen is also designed with plenty of storage space, so you can keep your cooking essentials and groceries neatly organized. The bedrooms are located towards the back of the unit, providing a peaceful and private space to rest and recharge. Each bedroom is generously sized and features large windows, allowing for plenty of natural light to flow through. The bathroom is tastefully designed with contemporary finishes and includes a shower, toilet, and sink. The bathroom is spacious and well-lit, providing a comfortable and functional space for your everyday needs.

5954 Palmetto St is conveniently located in a vibrant and friendly neighborhood, with easy access to public transportation, shopping, and dining options. The property is also situated near several parks and green spaces, providing the perfect setting for outdoor activities and relaxation.

Overall, this 3 bedroom, 1 bathroom current rental unit is a fantastic opportunity for an investor to add to their portfolio.

Last Agent to Sell the Property

Justin James

KW Empower License #RS345750 Listed on: 04/04/2023

KW Empower

Last Buyer's Agent

Justin James

KW Empower License #RS345750 Listed on: 04/04/2023

KW Empower

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,725

Year Built

  • Built in 1925

Lot Details

  • 960 Sq Ft Lot
  • Lot Dimensions are 15.00 x 64.00

Parking

  • 1 Car Attached Garage
  • Rear-Facing Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Masonry

Interior Spaces

  • 1,064 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Lawncrest Subdivision

Listing and Financial Details

  • Tax Lot 567
  • Assessor Parcel Number 352289200

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,725

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Foundation Details: Slab
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Kitchen
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1064
  • Living Area Sq Ft: 1064
  • Price Per Sq Ft: 93.98
  • Above Grade Finished Sq Ft: 1064
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5954

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

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 Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: On Street, Attached Garage, Off Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: 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
  • Senior Community: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R30
  • Lot Size Acres: 0.02
  • Lot Dimensions: 15.00 x 64.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 960.00
  • Year Assessed: 2023
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 947.00
  • Tax Annual Amount: 1725.00
  • Assessor Parcel Number: 352289200
  • Tax Lot: 567
  • Tax Total Finished Sq Ft: 1064
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 08/01/2023

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2023
Closed on
Jul 25, 2023
Sold by
3204 Hartville Llc
Bought by
Hfkh Property Llc
Seller's Agent
Justin James
KW Empower
Buyer's Agent
Justin James
KW Empower
List Price
$100,000
Sold Price
$100,000
Views
15
Current Estimated Value
$149,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,987
Avg. Annual Appreciation
24.88%

Purchase Details

Closed on
May 27, 2005
Sold by
Ivanov Alexander and Ivanov Alexsandr
Bought by
Tabak Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
1.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 29, 1997
Sold by
Eisenmann Roberta
Bought by
Eisenmann Suzanne P and Andrews David L

Purchase Details

Closed on
Jul 13, 1994
Sold by
Eisenmann Albert E and Eisenmann Roberta
Bought by
Eisenmann Roberta
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
Hfkh Property Llc $100,000 None Listed On Document
Tabak Steven $100,000 Lawyers Title Ins
Eisenmann Suzanne P $49,500 --
Eisenmann Roberta -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tabak Steven $89,400
Previous Owner Tabak Steven $90,000
Previous Owner Tabak Steven $80,000
Previous Owner Ivanov Alexander $68,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2023 08/01/23 Sold $100,000 0.0% $94 / Sq Ft
06/07/2023 06/07/23 Pending -- -- --
06/01/2023 06/01/23 Price Changed $100,000 0.0% $94 / Sq Ft
06/01/2023 06/01/23 For Sale $100,000 0.0% $94 / Sq Ft
04/04/2023 04/04/23 Off Market $100,000 -- --
04/04/2023 04/04/23 For Sale $90,000 -- $85 / 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 $1,726 $161,200 $32,240 $128,960
2024 $1,726 $161,200 $32,240 $128,960
2023 $1,726 $123,300 $24,660 $98,640
2022 $1,195 $123,300 $24,660 $98,640
2021 $1,195 $0 $0 $0
2020 $1,195 $0 $0 $0
2019 $1,148 $0 $0 $0
2018 $1,124 $0 $0 $0
2017 $1,124 $0 $0 $0
2016 $1,124 $0 $0 $0
2015 $1,076 $0 $0 $0
2014 -- $80,300 $11,712 $68,588
2012 -- $11,744 $1,418 $10,326
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2220472

Bright MLS

APN: 352289200