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5261 Larchwood Avenue

5261 Larchwood Avenue, Philadelphia, PA 19143
Townhouse in Cobbs Creek
1 Units For Sale
Unit for sale at 5261 LARCHWOOD AVENUE, PHILADELPHIA, PA 19143

$415,000

  • Studio
  • 1,312 ft²
5261 LARCHWOOD AVENUE, PHILADELPHIA, PA 19143 Listing by Stephan Sitzai

5261 Larchwood Avenue 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, 5261 Larchwood Avenue has 1,312 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 750 ft and across the front of the lot is 150 ft. The area measurement of the land has been determined as 1,125 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. For the features and amenities located on the property. There is a garage underground or in the basement for those who require parking. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as unsound. 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. 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, 5261 Larchwood Avenue sold most recently in Nov 29, 2023 for a total of $395,000. If you work out the math, that's approximately a cost of $301.07 per sqft. Before that, the property was also sold for $100,000 in Jun 25, 2022. 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 $2,174 in taxes each year. The initial year of tax delinquency occurred in 2021. 5261 Larchwood Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $155,300. If we break it down further, the land itself was valued at $31,060. Improvements to the property, however, were assessed at a total of $124,240. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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
Brick Exterior
Stucco Exterior
Vinyl Siding
This property description is generated based on publicly available data.

3 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20221013
10/13/2022
Studio
-
1312 ft²
$185,000
bedrooms
Studio
bathrooms
-
square feet
1312 ft²
-
-
-
Chris Carr
Simple Choice Realty
20200306
03/06/2020
3 Bed
1 Bath
1312 ft²
$185,000
bedrooms
3 Bed
bathrooms
1 Bath
square feet
1312 ft²
-
-
-
-
20190108
01/08/2019
3 Bed
1 Bath
-
$215,000
bedrooms
3 Bed
bathrooms
1 Bath
-
-
-
-

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: Unsound
  • Construction Type: Masonry
  • Building Style: Townhouse
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,125
  • Lot Size Depth Feet: 750
  • Lot Size Frontage Feet: 150
  • Total Building Area: 1,312
  • Gross Building Area: 1,312
  • Building Area: 1,312
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,312
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.026
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Common area (misc.)
  • State Land Use Code: Single family residential
  • Legal Description 1: 458 W 52 ST

Ownership

  • Current Owner : LARCHWOOD COMMONS LLC
  • Previous Owner : CIFALDI PROPERTY INVESTMENTS LLC
  • Owner Before Previous Owner: WILLIAM GAINES
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Mar 06, 2024

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 008000

Zoning

  • Zoning: RM1

Geography

  • Assessors Map Reference: 022S130014
  • Account Number: 150200
  • District: WARD #60
  • Parcel: 60-2150200
  • Block: 22S13
  • Lot: 14
  • Municipality: PHILADELPHIA
  • Latitude: 39.9524
  • Longitude: -75.2283

    Address

  • Full Address: 5261 Larchwood Ave
  • Address - House Number: 5261
  • Address - Street Name: Larchwood
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C004
  • 4-Digit Zip Code: 1522
  • Zip Code: 19143

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,174
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 60

    Appraisal Valuation

  • Standard Deviation: 0.1219
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 86
  • Final Value: 395,607
  • High Value: 443,857
  • Low Value: 347,357

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $316,000
  • First Open Lien Mortgage Lender: SILVER HILL FUNDING, LLC
  • First Open Lien Mortgage Recording Date: Nov 30, 2023
  • First Open Lien Mortgage Loan Amount: $316,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2053

    Market Valuation

  • Market Total Value: $155,300
  • Market Land Value: $31,060
  • Market Improvement Value: $124,240

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $155,300
  • Assessed Land Value: $31,060
  • Assessed Improvements Value: $124,240

    Sales

  • Current Sale Contract Date: Nov 29, 2023
  • Current Sale Recording Date: Nov 30, 2023
  • Current Sale Transaction ID: 11917456661
  • Current Sale Price: $395,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 54247724
  • Previous Sale Recording Date: Jul 29, 2022
  • Previous Sale Contract Date: Jun 25, 2022
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SILVER HILL FUNDING, LLC
  • First Mortgage Transaction Date: Nov 30, 2023
  • First Mortgage Loan Amount: $316,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Nov 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: KIAVI FUNDING INC
  • Previous Mortgage Transaction Date: Jul 29, 2022
  • Previous Mortgage Loan Amount: $199,100
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About West Philadelphia



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Frequently Asked Questions

What neighborhood is 5261 Larchwood Avenue located in?
The 5261 Larchwood Avenue is a townhouse located in the neighborhood of Cobbs Creek in West Philadelphia, Philadelphia.
How many listings are currently for sale in 5261 Larchwood Avenue?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 5261 Larchwood Avenue?
The average sales price for units in 5261 Larchwood Avenue is $415,000 , or $316/sqft. currently.

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