NOT LISTED FOR SALE

Estimated Value: $598,711

-- Bed
-- Bath
1,920 Sq Ft
$312/Sq Ft Est. Value

Last Sold March 06, 2020

Last sale price $550,000 $286 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,819/month

49 Days on Market

Highlights

  • No HOA
  • Dwelling with Rental
  • 3-minute walk to Starr Garden Playground
  • Electric Baseboard Heater

About This Home

As of March 2020

Excellent opportunity to acquire this mixed-use property in a prime location. Less than half block to South Street. 608 S. 5th is a 3 unit building including a store front "Love Vape", studio apartment above the store and a bi-level 1, bedroom apartment on the top floor. The store front is leased with a proven tenant in place. Both residential apartments are vacant. This building is in the Meredith School Catchment. Closely located near all shopping stores, restaurants, and public transportation.

Last Agent to Sell the Property

Steven Masterson

Keller Williams Real Estate Tri-County Listed on: 10/25/2019

Keller Williams Real Estate Tri-County

Last Buyer's Agent

Richard Li

Liberty Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,314

Year Built

  • Built in 1900

Lot Details

  • 1,190 Sq Ft Lot
  • Lot Dimensions are 16.00 x 60.00

Parking

  • On-Street Parking

Home Design

  • 1,920 Sq Ft Home
  • Dwelling with Rental
  • Masonry

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot 496
  • Assessor Parcel Number 871016300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,314

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Over Storefront
  • Architectural Style: Dwelling With Rental
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Total Sq Ft: 1920
  • Living Area Sq Ft: 1920
  • Price Per Sq Ft: 338.02
  • Above Grade Finished Sq Ft: 1920
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 608

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: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Land Use Code: Y60
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16.00 x 60.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1190.00
  • Year Assessed: 2020
  • Zoning: CMX3

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2916.00
  • Tax Annual Amount: 5314.00
  • Assessor Parcel Number: 871016300
  • Tax Lot: 496
  • Tax Total Finished Sq Ft: 1920
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 03/06/2020

Multi Family

  • Single Room Units Count: 1

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2019
Closed on
Mar 3, 2020
Sold by
Erlich Eli and Erlich Maxine
Bought by
Glory Investment Llc
Seller's Agent
Steven Masterson
Keller Williams Real Estate Tri-County
Buyer's Agent
Richard Li
Liberty Real Estate
List Price
$649,000
Sold Price
$550,000
Premium/Discount to List
-$99,000
-15.25%
Current Estimated Value
$598,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,711
Avg. Annual Appreciation
1.01%
Original Mortgage
$412,500
Interest Rate
3.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 12, 1977
Bought by
Erlich Maxine
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Glory Investment Llc $550,000 Quest Abstract Corporation
Erlich Maxine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Glory Investment Llc $412,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2020 03/06/20 Sold $550,000 -15.3% $286 / Sq Ft
12/13/2019 12/13/19 Pending -- -- --
10/25/2019 10/25/19 For Sale $649,000 -- $338 / 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 $6,667 $430,900 $86,180 $344,720
2024 $6,667 $430,900 $86,180 $344,720
2023 $6,667 $476,300 $95,200 $381,100
2022 $6,667 $476,300 $95,200 $381,100
2021 $5,314 $0 $0 $0
2020 $5,314 $0 $0 $0
2019 $5,262 $0 $0 $0
2018 $5,231 $0 $0 $0
2017 $4,031 $0 $0 $0
2016 $4,031 $0 $0 $0
2015 $3,859 $0 $0 $0
2014 -- $288,000 $119,000 $169,000
2012 -- $46,080 $10,710 $35,370
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAPH845466

Bright MLS

APN: 871016300