$479,750
SOLD MAY 23, 2024
-- Bed
-- Bath
2,426 Sq Ft
855 Sq Ft Lot

Recently Sold

$198 Per Sq Ft

9% Below List Price

142 Days on Market

Highlights

  • New Construction
  • 2-minute walk to 52Nd Street
  • Property is in excellent condition
  • Straight Thru Architecture
  • Forced Air Heating and Cooling System

About This Home

As of May 2024

New Construction DUPLEX with FULL 10-Year Tax Abatement. Seller Interest Buy-Down offered. Qualifies for 5% down Financing! All units built with Solid wood Custom Cabinets, high end stainless steel appliances and designer Lighting and fixtures. Lower unit is a Bi-level open living room/Kitchen layout with Main floor has large bedroom and full bathroom and exit to a private backyard. Lower level includes 2 additional bedrooms, 1 full bathrooms ( Ensuite) and Full sized front load Laundry. Upper Unit Main floor has open Living room/Kitchen layout, large bedroom and full bathroom . Full size front end Washer/Dryer included. Upper level includes 2 additional bedrooms, Rear Bedroom has sliding doors leading to Balcony. 2 full bathrooms (One Ensuite) Extremely well built but a long time experienced Philadelphia Builder. Located near the highly desired University City neighborhood. Situated close to the Hospitals and the University of Pennsylvania, steps from the Market-Frankford Line, and a straight shot to Down Town Center City Philadelphia. A short walk to parks, restaurants, and shopping! 7 Buildings remaining. Excellent for Investor OR Owner Occupant. Property can be sold as a Duplex or else as condos. Potentially to sell off individual units in the future. Other Buildings Available - 5005 Walnut Triplex, 5237 Chancellor Duplex, 5001 Walnut Quadplex (SOLD), 540 S 52nd Commercial Quadplex, 5113 and 5138 Ranstead Duplexes.

Last Agent to Sell the Property

Christopher Somers

KW Empower License #RS278328

KW Empower

Co-Listed By

Sean Dundon

KW Empower License #RS293471

Last Buyer's Agent

Matthew Williams

KW Empower License #2444023

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $116

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 855 Sq Ft Lot
  • Lot Dimensions are 15.00 x 57.00
  • Property is in excellent condition

Parking

  • On-Street Parking

Home Design

  • 2,426 Sq Ft Home
  • Duplex
  • Straight Thru Architecture
  • Concrete Perimeter Foundation

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • 2 Units
  • Walnut Hill Subdivision

Listing and Financial Details

  • Tax Lot 195
  • Assessor Parcel Number 602020300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$116

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • Inclusions: 2 refrigerators, 2 washers, 2 dryers, 2 dishwashers
  • New Construction: Yes
  • Year Built: 2023
  • Automatically Close On Close Date: No
  • Remarks Public: New Construction DUPLEX with FULL 10-Year Tax Abatement. Seller Interest Buy-Down offered. Qualifies for 5% down Financing! All units built with Solid wood Custom Cabinets, high end stainless steel appliances and designer Lighting and fixtures. Lower unit is a Bi-level open living room/Kitchen layout with Main floor has large bedroom and full bathroom and exit to a private backyard. Lower level includes 2 additional bedrooms, 1 full bathrooms ( Ensuite) and Full sized front load Laundry. Upper Unit Main floor has open Living room/Kitchen layout, large bedroom and full bathroom . Full size front end Washer/Dryer included. Upper level includes 2 additional bedrooms, Rear Bedroom has sliding doors leading to Balcony. 2 full bathrooms (One Ensuite) Extremely well built but a long time experienced Philadelphia Builder. Located near the highly desired University City neighborhood. Situated close to the Hospitals and the University of Pennsylvania, steps from the Market-Frankford Line, and a straight shot to Down Town Center City Philadelphia. A short walk to parks, restaurants, and shopping! 7 Buildings remaining. Excellent for Investor OR Owner Occupant. Property can be sold as a Duplex or else as condos. Potentially to sell off individual units in the future. Other Buildings Available - 5005 Walnut Triplex, 5237 Chancellor Duplex, 5001 Walnut Quadplex (SOLD), 540 S 52nd Commercial Quadplex, 5113 and 5138 Ranstead Duplexes.
  • Special Features: 4098

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Total Sq Ft: 2426
  • Living Area Sq Ft: 2426
  • Price Per Sq Ft: 206.06
  • Above Grade Finished Sq Ft: 2426
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5122

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Concrete
  • Construction Completed: No
  • 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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Land Use Code: SR
  • Lot Size Acres: 0.02
  • Lot Dimensions: 15.00 x 57.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 855.00
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: CMX4

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 63.00
  • Tax Annual Amount: 116.00
  • Assessor Parcel Number: 602020300
  • Tax Lot: 195
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/23/2024

Multi Family

  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2024 05/23/24 Sold $479,750 -4.0% $198 / Sq Ft
04/03/2024 04/03/24 Price Changed $499,900 -4.8% $206 / Sq Ft
12/04/2023 12/04/23 For Sale $525,000 -- $216 / Sq Ft
Source: Bright MLS

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 $116 $21,200 $21,200 --
2024 $116 $21,200 $21,200 --
2023 $116 $8,300 $8,300 $0
2022 $116 $8,300 $8,300 $0
2021 $116 $0 $0 $0
2020 $116 $8,300 $8,300 $0
2019 $116 $0 $0 $0
2018 $116 $0 $0 $0
2017 $116 $0 $0 $0
2016 $116 $0 $0 $0
2015 $111 $0 $0 $0
2014 -- $8,300 $8,300 $0
2012 -- $1,152 $1,152 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $359,812 New Conventional
Previous Owner $1,050,000 Construction
Source: Public Records

Deed History

Date Type Sale Price Title Company
Deed $490,000 None Listed On Document
Deed -- Golden Land Transfer Llc
Sheriffs Deed $10,800 None Available
Quit Claim Deed $100 --
Source: Public Records

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Source: Bright MLS

MLS Number: PAPH2302184

Bright MLS

APN: 602020300