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5011 Reno Street

5011 Reno Street, Philadelphia, PA 19139
Property in Mill Creek
Sold May 23, 2017
$10,000
$926,900 by Ifp Fund I Llc
Mortgage
5011 Reno 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 1925 and is 99 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 5011 Reno Street has 1,040 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 500 ft and across the front of the lot is 140 ft. The area measurement of the land has been determined as 704 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 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 property was last sold in May 13, 2017 for $10,000. That's $9.62 per sqft. 5011 Reno Street was last assessed in 2023. The total value of the property was assessed at $90,800. Specifically, the land the property is located on was valued at $18,160. While improvements on the property were assessed at a total of $72,640. 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 $1,271. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: Townhouse
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 704
  • Lot Size Depth Feet: 500
  • Lot Size Frontage Feet: 140
  • Total Building Area: 1,040
  • Gross Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,040
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHANDLER PLACE CONDO
  • Land Acres: 0.016
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Common area (misc.)
  • State Land Use Code: Single family residential
  • Legal Description 1: 714 1/4 W 50TH ST

Ownership

  • Current Owner : PHILADELPHIA LOTUS 2 LLC
  • Previous Owner : ESTATE OF SHAWNER R HEPPARD
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 010400

Zoning

  • Zoning: RSA5

Geography

  • Assessors Map Reference: 060N100080
  • Account Number: 306000
  • District: WARD #44
  • Parcel: 44-1306000
  • Block: 60N10
  • Lot: 80
  • Municipality: PHILADELPHIA
  • Latitude: 39.9667
  • Longitude: -75.2208

    Address

  • Full Address: 5011 Reno St
  • Address - House Number: 5011
  • Address - Street Name: Reno
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C001
  • 4-Digit Zip Code: 1647
  • Zip Code: 19139

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,271
  • Tax Rate Code Area: 44

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 236,159
  • High Value: 340,614
  • Low Value: 131,703

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $926,900
  • First Open Lien Mortgage Lender: IFP FUND I LLC
  • First Open Lien Mortgage Recording Date: Jan 02, 2024
  • First Open Lien Mortgage Loan Amount: $926,900
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan

    Market Valuation

  • Market Total Value: $90,800
  • Market Land Value: $18,160
  • Market Improvement Value: $72,640

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $90,800
  • Assessed Land Value: $18,160
  • Assessed Improvements Value: $72,640

    Sales

  • Current Sale Contract Date: May 13, 2017
  • Current Sale Recording Date: May 23, 2017
  • Current Sale Transaction ID: 1587943441
  • Current Sale Price: $10,000
  • Current Sale Document Type: Sheriff's Deed
  • Current Sale Input Document Number: 53215627

About West Philadelphia



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Frequently Asked Questions

What neighborhood is 5011 Reno Street located in?
The 5011 Reno Street is a located in the neighborhood of Mill Creek in West Philadelphia, Philadelphia.
What is the average sales price for listings in 5011 Reno Street?
The average sales price for units in 5011 Reno Street is $0 currently.

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