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5118 North 15th Street

5118 North 15th Street, Philadelphia, PA 19141
Sold Apr 10, 2023
$125,000
$189,000 by Abl Rpc Resid Cr Acquisition L
Mortgage Due Feb 01, 2054
Sold Oct 28, 1983
$28,000
5118 North 15th 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 1905 and is 119 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, 5118 North 15th Street has 1,700 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 860 ft and across the front of the lot is 210 ft. The area measurement of the land has been determined as 1,806 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex 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 poor. 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 hot water heating system. 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, 5118 North 15th Street sold most recently in Apr 6, 2023 for a total of $125,000. If you work out the math, that's approximately a cost of $73.53 per sqft. Before that, the property was also sold for $28,000 in Oct 20, 1983. 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 $2,254 in taxes each year. The initial year of tax delinquency occurred in 2020. 5118 North 15th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $161,000. If we break it down further, the land itself was valued at $32,200. Improvements to the property, however, were assessed at a total of $128,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Poor
  • Construction Type: Masonry
  • Building Style: Duplex
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,806
  • Lot Size Depth Feet: 860
  • Lot Size Frontage Feet: 210
  • Total Building Area: 1,700
  • Gross Building Area: 1,700
  • Building Area: 1,700
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,700
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.041
  • Standard Land Use Code: Duplex (2 units, any combination)
  • State Land Use Code: Single family residential
  • Legal Description 1: 189 N LINDLEY

Ownership

  • Current Owner : 5118 LAND TRUST LIMITED
  • Previous Owner : GOLDSMITH ANDRE
  • 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: 028100

Zoning

  • Zoning: RSA3

Geography

  • Assessors Map Reference: 134N130046
  • Account Number: 058200
  • District: WARD #17
  • Parcel: 17-2058200
  • Block: 134N1
  • Lot: 46
  • Municipality: PHILADELPHIA
  • Latitude: 40.0315
  • Longitude: -75.1483

    Address

  • Full Address: 5118 N 15th St
  • Address - House Number: 5118
  • Street Direction: N
  • Address - Street Name: 15th
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C006
  • 4-Digit Zip Code: 1623
  • Zip Code: 19141

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,254
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.2904
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 41
  • Final Value: 202,556
  • High Value: 261,378
  • Low Value: 143,733

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $189,000
  • First Open Lien Mortgage Lender: ABL RPC RESID CR ACQUISITION L
  • First Open Lien Mortgage Recording Date: Jan 31, 2024
  • First Open Lien Mortgage Loan Amount: $189,000
  • 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: Feb 01, 2054

    Market Valuation

  • Market Total Value: $161,000
  • Market Land Value: $32,200
  • Market Improvement Value: $128,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $161,000
  • Assessed Land Value: $32,200
  • Assessed Improvements Value: $128,800

    Sales

  • Current Sale Contract Date: Apr 06, 2023
  • Current Sale Recording Date: Apr 10, 2023
  • Current Sale Transaction ID: 11905187138
  • Current Sale Price: $125,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 54167687
  • Previous Sale Recording Date: Oct 28, 1983
  • Previous Sale Contract Date: Oct 20, 1983
  • Previous Sale Amount: $28,000
  • Previous Sale Document Type: Deed

About North Philadelphia



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Frequently Asked Questions

What neighborhood is 5118 North 15th Street located in?
The 5118 North 15th Street is a located in the neighborhood of Logan - Ogontz - Fern Rock in North Philadelphia, Philadelphia.
What is the average sales price for listings in 5118 North 15th Street?
The average sales price for units in 5118 North 15th Street is $0 currently.

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