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2550 North 5th Street

2550 North 5th Street, Philadelphia, PA 19133
1 Units For Sale
Unit for sale at 2550 N 5TH ST, PHILADELPHIA, PA 19133

$249,999

  • 5 Beds
  • 4 Baths
  • 1,535 ft²
2550 N 5TH ST, PHILADELPHIA, PA 19133 Listing by Regina Foster-Carter

2550 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 1920 and is 104 years old. The home has a total of 4 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2550 North 5th Street has 1,535 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 760 ft and across the front of the lot is 140 ft. The area measurement of the land has been determined as 1,064 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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 fair. 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. In terms of heating, it is utilizing a heating system. The property was last sold in Mar 20, 2024 for $250,000. That's $162.87 per sqft. Prior to that sales transaction, the property was also sold in Feb 26, 2022 for $251,134. 2550 North 5th Street was last assessed in 2023. The total value of the property was assessed at $72,100. Specifically, the land the property is located on was valued at $14,400. While improvements on the property were assessed at a total of $57,700. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,009. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation.

Building Features

Exterior

Masonry Exterior
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Fair
  • Construction Type: Masonry
  • Building Style: Townhouse
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,064
  • Lot Size Depth Feet: 760
  • Lot Size Frontage Feet: 140
  • Total Building Area: 1,535
  • Gross Building Area: 1,535
  • Building Area: 1,535
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,535
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.024
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Easement (misc.)
  • State Land Use Code: Single family residential
  • Legal Description 1: 4256 N CUMBERLAND

Ownership

  • Current Owner : KATHERINE MARIE GROUP LLC
  • Previous Owner : INNOVATION PROPERTIES LLC
  • Owner Before Previous Owner: VICTOR MEJIA
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 016400

Zoning

  • Zoning: RM1

Geography

  • Assessors Map Reference: 032N110177
  • Account Number: 221400
  • District: WARD #19
  • Parcel: 19-2221400
  • Block: 32N11
  • Lot: 177
  • Municipality: PHILADELPHIA
  • Latitude: 39.9903
  • Longitude: -75.1409

    Address

  • Full Address: 2550 N 5th St
  • Address - House Number: 2550
  • Street Direction: N
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C051
  • 4-Digit Zip Code: 2601
  • Zip Code: 19133

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,009
  • Tax Rate Code Area: 19

    Appraisal Valuation

  • Standard Deviation: 0.1224
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 86
  • Final Value: 241,506
  • High Value: 271,081
  • Low Value: 211,932

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $187,500
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Apr 03, 2024
  • First Open Lien Mortgage Loan Amount: $187,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2054

    Market Valuation

  • Market Total Value: $72,100
  • Market Land Value: $14,400
  • Market Improvement Value: $57,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $72,100
  • Assessed Land Value: $14,400
  • Assessed Improvements Value: $57,700

    Sales

  • Current Sale Contract Date: Mar 20, 2024
  • Current Sale Recording Date: Apr 03, 2024
  • Current Sale Transaction ID: 11923645643
  • Current Sale Price: $250,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 54285192
  • Previous Sale Recording Date: Apr 18, 2022
  • Previous Sale Contract Date: Feb 26, 2022
  • Previous Sale Amount: $251,134
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: Apr 03, 2024
  • First Mortgage Loan Amount: $187,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2054

About North Philadelphia



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Frequently Asked Questions

What neighborhood is 2550 North 5th Street located in?
The 2550 North 5th Street is a located in the neighborhood of North Philadelphia East in North Philadelphia, Philadelphia.
How many listings are currently for sale in 2550 North 5th Street?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 2550 North 5th Street?
The average sales price for units in 2550 North 5th Street is $249,999 , or $163/sqft. currently.

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