1214 North 5th Street

1214 North 5th Street has been categorized by the local assessors in Philadelphia, PA as a residential type of property. The building on the property was first built in 1915 and is 109 years old. The home has a total of 4 bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 3 stories. In addition, 1214 North 5th Street has 3,270 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 200 ft. The area measurement of the land has been determined as 2,175 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. The exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system. Finally, the property is currently sourcing its water from a water system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1214 North 5th Street was last sold in May 4, 2015 for $465,000. According to our calculations, that's $142.20 per sqft. Prior to that sales transaction, the property was sold for $215,000 in Dec 21, 2012. Current property owners are expected to pay $8,669 in taxes per year. The property on 1214 North 5th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $619,300. To break that down further, the land itself was valued at $123,800. While improvements to the property were assessed at a total of $495,500. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.