$638,750
SOLD SEP 24, 2021
-- Bed
-- Bath
1,942 Sq Ft
1,125 Sq Ft Lot

Recently Sold

$329 Per Sq Ft

9% Below List Price

25 Days on Market

Highlights

  • No HOA
  • Property is in excellent condition
  • Wall Furnace

About This Home

As of September 2021

992 N 5th Street is a multi-family building located just steps from Northern Liberties popular eateries and venues, surrounded by public transportation options, and offering all the luxurious amenities that you're looking for. Unit #1 is a bi-level apartment decked out with contemporary finishes and fixtures: exposed brick walls and wooden rafters, spiral ductwork, vintage inspired appliances and lighting. The hardwood floors and the open staircase offer a modern "reclaimed" look, that is very popular in newly constructed Philadelphia homes. The first floor is a strait-through, wide open layout. There's a large living room as soon as you enter, with a huge street side window, complete with a wooden bench built into the wall for seating or decorating. Step up through the dining area, into the kitchen, which is bright and sunny, with updated appliances (also boasting a lovely, vintage feel), polished concrete slab counters, and access to your private back patio. Upstairs, the three bedrooms offer the same bright, modern feel, with hardwoods and brick accents. The largest bedroom also features unique uplighting overhead, in the exposed brick and rafters. The two bathrooms are a gorgeous mix of vintage and contemporary, with bright accents, and raw edge wooden shelving. Unit #2 is on the second floor and welcomes you into the bright and sunny living room and kitchen area. Hardwood floors stretch the length of the apartment, and large windows make it feel light and airy. The kitchen is along the rear wall, and features clean, white cabinetry, beautiful wooden shelving, and vintage inspired appliances and fixtures. The polished concrete slab countertops and stainless steel appliances add a touch of modern style to this area. The front side of the apartment is dedicated to the bedroom suite. The bedroom is HUGE, with high ceilings, exposed brick, wooden rafters, and large windows for lots of natural light. The bathroom is attached, with a sleek, glass-door shower, clean tiling, and reclaimed wooden shelving. Both units are equipped with duct-less mini splits that are extremely energy efficient. This property is perfect for the savvy investor or the owner-occupant and is not to be missed!

Last Agent to Sell the Property

Ariel Morgenstein

JG Real Estate LLC License #2332837 Listed on: 07/12/2021

JG Real Estate LLC

Last Buyer's Agent

Marvis Burns

BMB Living, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,340

Year Built

  • Built in 1920

Lot Details

  • 1,125 Sq Ft Lot
  • Lot Dimensions are 15.63 x 72.00
  • Property is in excellent condition

Home Design

  • Duplex
  • Masonry

Interior Spaces

  • 1,942 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Oven or Range
  • Stove
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • Public Parking
  • On-Street Parking
  • Unassigned Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • Northern Liberties Subdivision

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 057141300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,340

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Exclusions: Tenant personal belongings
  • Inclusions: Appliances in as-is condition
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: 992 N 5th Street is a multi-family building located just steps from Northern Liberties popular eateries and venues, surrounded by public transportation options, and offering all the luxurious amenities that you're looking for. Unit #1 is a bi-level apartment decked out with contemporary finishes and fixtures: exposed brick walls and wooden rafters, spiral ductwork, vintage inspired appliances and lighting. The hardwood floors and the open staircase offer a modern "reclaimed" look, that is very popular in newly constructed Philadelphia homes. The first floor is a strait-through, wide open layout. There's a large living room as soon as you enter, with a huge street side window, complete with a wooden bench built into the wall for seating or decorating. Step up through the dining area, into the kitchen, which is bright and sunny, with updated appliances (also boasting a lovely, vintage feel), polished concrete slab counters, and access to your private back patio. Upstairs, the three bedrooms offer the same bright, modern feel, with hardwoods and brick accents. The largest bedroom also features unique uplighting overhead, in the exposed brick and rafters. The two bathrooms are a gorgeous mix of vintage and contemporary, with bright accents, and raw edge wooden shelving. Unit #2 is on the second floor and welcomes you into the bright and sunny living room and kitchen area. Hardwood floors stretch the length of the apartment, and large windows make it feel light and airy. The kitchen is along the rear wall, and features clean, white cabinetry, beautiful wooden shelving, and vintage inspired appliances and fixtures. The polished concrete slab countertops and stainless steel appliances add a touch of modern style to this area. The front side of the apartment is dedicated to the bedroom suite. The bedroom is HUGE, with high ceilings, exposed brick, wooden rafters, and large windows for lots of natural light. The bathroom is attached, with a sleek, glass-door shower, clean tiling, and reclaimed wooden shelving. Both units are equipped with duct-less mini splits that are extremely energy efficient. This property is perfect for the savvy investor or the owner-occupant and is not to be missed!
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Stove, Oven/Range - Gas, Washer, Dryer
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Unfinished, Full
  • Total Sq Ft: 1942
  • Living Area Sq Ft: 1942
  • Price Per Sq Ft: 360.40
  • Above Grade Finished Sq Ft: 1942
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 992

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
  • Parking Features: Unassigned, Public
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Wall Unit
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 202170.00
  • Land Assessed Value: 107904.00
  • Land Use Code: U50
  • Lot Size Acres: 0.03
  • Lot Dimensions: 15.63 x 72.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1125.00
  • Property Condition: Excellent, Very Good
  • Year Assessed: 2021
  • Zoning: RSA5
  • Zoning Description: Property has correct use on file for duplex.

Rental Info

  • Existing Lease Type: Yearly
  • Rent Control: No
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 909953
  • School Tax: 2382.00
  • Tax Annual Amount: 4340.00
  • Assessor Parcel Number: 057141300
  • Tax Lot: 36
  • Tax Total Finished Sq Ft: 1942
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 09/24/2021

Multi Family

  • 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

Listed on
Jul 12, 2021
Closed on
Sep 15, 2021
Sold by
Robert Martin
Bought by
Riaz Adil Mohammad and Raja Sara
Seller's Agent
Ariel Morgenstein
JG Real Estate LLC
Buyer's Agent
Marvis Burns
BMB Living, Inc.
List Price
$699,900
Sold Price
$638,750
Premium/Discount to List
-$61,150
-8.74%
Total Days on Market
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.61%
Original Mortgage
$508,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 21, 2016
Closed on
Oct 20, 2016
Sold by
Mcmahon Jeffrey
Bought by
Martin Robert
Seller's Agent
Johnny McDonald
Keller Williams Main Line
Buyer's Agent
Kenneth McCoy
Coldwell Banker Realty
List Price
$599,900
Sold Price
$599,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.28%
Original Mortgage
$449,925
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 20, 2015
Closed on
Dec 15, 2015
Sold by
Cumming Colin
Bought by
Mcmahon Jeffrey
Seller's Agent
Irina Bernatskaya
Long & Foster Real Estate, Inc.
Buyer's Agent
Michael O'Brien
Coldwell Banker Realty
List Price
$360,000
Sold Price
$265,000
Premium/Discount to List
-$95,000
-26.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
167.61%

Purchase Details

Closed on
Dec 19, 1994
Sold by
992 Rentals
Bought by
Cumming Colin
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 Type Sale Price Title Company
Deed $638,750 Surety Abstract Services
Deed $599,900 None Available
Deed $265,000 None Available
Deed $35,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $508,000 New Conventional
Previous Owner $449,925 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2025 03/11/25 Price Changed $720,000 0.0% $371 / Sq Ft
03/11/2025 03/11/25 Price Changed $720,000 -4.0% $371 / Sq Ft
02/25/2025 02/25/25 For Sale $750,000 0.0% $386 / Sq Ft
02/07/2025 02/07/25 For Sale $750,000 +17.4% $386 / Sq Ft
09/24/2021 09/24/21 Sold $638,750 -8.7% $329 / Sq Ft
08/06/2021 08/06/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $699,900 +16.7% $360 / Sq Ft
10/14/2016 10/14/16 Sold $599,900 0.0% $286 / Sq Ft
09/25/2016 09/25/16 Pending -- -- --
09/21/2016 09/21/16 For Sale $599,900 +126.4% $286 / Sq Ft
12/15/2015 12/15/15 Sold $265,000 -26.4% $133 / Sq Ft
11/12/2015 11/12/15 Pending -- -- --
07/20/2015 07/20/15 For Sale $360,000 -- $180 / 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 $5,049 $524,900 $104,980 $419,920
2024 $5,049 $524,900 $104,980 $419,920
2023 $5,049 $506,600 $101,300 $405,300
2022 $4,340 $360,692 $101,300 $259,392
2021 $4,340 $0 $0 $0
2020 $4,340 $0 $0 $0
2019 $4,200 $0 $0 $0
2018 $4,866 $0 $0 $0
2017 $4,390 $0 $0 $0
2016 $2,633 $0 $0 $0
2015 $2,521 $0 $0 $0
2014 -- $313,600 $34,941 $278,659
2012 -- $20,064 $4,200 $15,864
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2007350

Bright MLS

APN: 057141300