1209 North 5th Street

Local assessors in Philadelphia, PA have categorized 1209 North 5th Street as a commercial type of property. The property's lot size has been calculated to be 1,599 square feet. The linear feet between the front and back of the lot was measured at 890 ft and the front of the lot was measured at 180 ft.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1209 North 5th Street sold most recently in Oct 16, 2006 for a total of $1,000. Before that, the property was also sold for $500 in Aug 7, 1997. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,679 in taxes each year. 1209 North 5th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $262,800. If we break it down further, the land itself was valued at $262,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.