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5012 Griscom Street

5012 Griscom Street, Philadelphia, PA 19124
Multifamily in Frankford
Sold Jun 09, 2021
$185,000
Sold Mar 02, 2016
$89,000
$66,750 by The Mars National Bank
Mortgage Due Mar 01, 2046
Local assessors in Philadelphia, PA have categorized 5012 Griscom Street as a residential type of property. The home was built in 1940 and is 84 years old. The property's lot size has been calculated to be 2,205 square feet. The linear feet between the front and back of the lot was measured at 1,050 ft and the front of the lot was measured at 210 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 12 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5012 Griscom Street has a total of 1,955 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Lots of brick were used in the construction of the exterior walls of the home. The home's a heating system is the primary heating source. 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, 5012 Griscom Street was last sold in Apr 28, 2021 for $185,000. According to our calculations, that's $94.63 per sqft. Prior to that sales transaction, the property was sold for $89,000 in Feb 26, 2016. Current property owners are expected to pay $3,157 in taxes per year. The property on 5012 Griscom Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $225,500. To break that down further, the land itself was valued at $45,100. While improvements to the property were assessed at a total of $180,400. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Business/Commerical Units Count: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,205
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 210
  • Total Building Area: 1,955
  • Gross Building Area: 1,955
  • Building Area: 1,955
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,955
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.051
  • Standard Land Use Code: Duplex (2 units, any combination)
  • State Land Use Code: Townhouse (residential)
  • Legal Description 1: 12711 1/4NE WAKLING

Ownership

  • Current Owner : BOATENG ENOCH
  • Previous Owner : FIELDS RICHARD S
  • Owner Before Previous Owner: STULMAN RICHARD S
  • Owner Before Previous Owner 2: STULMAN JACQUELINE A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 030200

Zoning

  • Zoning: RSA3

Geography

  • Assessors Map Reference: 090N040121
  • Account Number: 495900
  • District: WARD #62
  • Parcel: 62-1495900
  • Block: 90N4
  • Lot: 121
  • Municipality: PHILADELPHIA
  • Latitude: 40.0212
  • Longitude: -75.0812

    Address

  • Full Address: 5012 Griscom St
  • Address - House Number: 5012
  • Address - Street Name: Griscom
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C032
  • 4-Digit Zip Code: 2671
  • Zip Code: 19124

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,157
  • Tax Rate Code Area: 62

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 455,962
  • High Value: 657,638
  • Low Value: 254,285

    Market Valuation

  • Market Total Value: $225,500
  • Market Land Value: $45,100
  • Market Improvement Value: $180,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $225,500
  • Assessed Land Value: $45,100
  • Assessed Improvements Value: $180,400

    Sales

  • Current Sale Contract Date: Apr 28, 2021
  • Current Sale Recording Date: Jun 09, 2021
  • Current Sale Transaction ID: 11840663887
  • Current Sale Price: $185,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53844517
  • Previous Sale Recording Date: Mar 02, 2016
  • Previous Sale Contract Date: Feb 26, 2016
  • Previous Sale Amount: $89,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: THE MARS NATIONAL BANK
  • Previous Mortgage Transaction Date: Mar 02, 2016
  • Previous Mortgage Loan Amount: $66,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Mar 01, 2046

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Frequently Asked Questions

What neighborhood is 5012 Griscom Street located in?
The 5012 Griscom Street is a multifamily located in the neighborhood of Frankford in Northeast Philadelphia, Philadelphia.
What is the average sales price for listings in 5012 Griscom Street?
The average sales price for units in 5012 Griscom Street is $0 currently.

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