5261 Sylvester Street

5261 Sylvester Street in Philadelphia, PA was first built in 1940 and is 84 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5261 Sylvester Street has 1,080 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 150 ft and the linear feet between the front and back of the lot is 1,080. In total, the area measurement of the land is 1,622 square feet.

Learn more about the property and building on this page. The property is connected to a sewer system. For those who need parking, there is a garage. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. As for heating, the home is utilizing a 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, 5261 Sylvester Street sold most recently in Mar 21, 2024 for a total of $222,000. If you work out the math, that's approximately a cost of $205.56 per sqft. Before that, the property was also sold for $110,000 in Sep 5, 2021. 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 $2,324 in taxes each year. 5261 Sylvester Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $166,000. If we break it down further, the land itself was valued at $33,200. Improvements to the property, however, were assessed at a total of $132,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.