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5318 Master Street

5318 Master Street, Philadelphia, PA 19131
Property in Carroll Park
5318 Master 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 7 rooms. 4 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, 5318 Master Street has 1,522 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 960 ft and across the front of the lot is 160 ft. The area measurement of the land has been determined as 1,496 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. 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, 5318 Master Street sold most recently in May 2, 2013 for a total of $93,900. If you work out the math, that's approximately a cost of $61.70 per sqft. Before that, the property was also sold for $19,000 in May 29, 2012. 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 $1,643 in taxes each year. 5318 Master Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $117,400. If we break it down further, the land itself was valued at $23,480. Improvements to the property, however, were assessed at a total of $93,920. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Facilities

Laundry Room
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20120906
09/06/2012
4 Bed
2 Bath
1522 ft²
$93,900
bedrooms
4 Bed
bathrooms
2 Bath
square feet
1522 ft²
$93,900
05/08/2013
William Pratt
RE/MAX Access

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • 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: 1,496
  • Lot Size Depth Feet: 960
  • Lot Size Frontage Feet: 160
  • Total Building Area: 1,522
  • Gross Building Area: 1,522
  • Building Area: 1,522
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,522
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FORTY FOURTH WARD
  • Land Acres: 0.034
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Common area (misc.)
  • State Land Use Code: Single family residential
  • Legal Description 1: 140 3 W OF 53RD ST

Ownership

  • Current Owner : MORRIS TAMKIA B
  • Previous Owner : JEFFERSON BARREN U
  • Owner Before Previous Owner: OFFICE OF THE DISTRICT ATTORNEY CITY OF
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 011100

Zoning

  • Zoning: RM1

Geography

  • Assessors Map Reference: 073N070080
  • Account Number: 159700
  • District: WARD #44
  • Parcel: 44-2159700
  • Block: 73N7
  • Lot: 80
  • Municipality: PHILADELPHIA
  • Latitude: 39.9738
  • Longitude: -75.2284

    Address

  • Full Address: 5318 Master St
  • Address - House Number: 5318
  • Address - Street Name: Master
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C003
  • 4-Digit Zip Code: 4324
  • Zip Code: 19131

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,643
  • Tax Rate Code Area: 44

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 279,565
  • High Value: 403,219
  • Low Value: 155,910

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $114,535
  • First Open Lien Mortgage Lender: RBS CITIZENS NA
  • First Open Lien Mortgage Recording Date: May 08, 2013
  • First Open Lien Mortgage Loan Amount: $76,935
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2043
  • Second Open Lien Mortgage Lender: FULTON BANK NA
  • Second Open Lien Mortgage Recording Date: Feb 08, 2021
  • Second Open Lien Mortgage Loan Amount: $37,600
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)

    Market Valuation

  • Market Total Value: $117,400
  • Market Land Value: $23,480
  • Market Improvement Value: $93,920

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $117,400
  • Assessed Land Value: $23,480
  • Assessed Improvements Value: $93,920

    Sales

  • Current Sale Contract Date: May 02, 2013
  • Current Sale Recording Date: May 08, 2013
  • Current Sale Transaction ID: 1094138713
  • Current Sale Price: $93,900
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 52635884
  • Previous Sale Recording Date: Jun 27, 2012
  • Previous Sale Contract Date: May 29, 2012
  • Previous Sale Amount: $19,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: RBS CITIZENS NA
  • First Mortgage Transaction Date: May 08, 2013
  • First Mortgage Loan Amount: $76,935
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2043
  • Second Mortgage Lender: NEIGHBORHOOD HOUSING SERVICES
  • Second Mortgage Loan Amount: $15,000
  • Second Mortgage Terms: 60
  • Second Mortgage Loan Due Date: May 02, 2018

About West Philadelphia



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Frequently Asked Questions

What neighborhood is 5318 Master Street located in?
The 5318 Master Street is a located in the neighborhood of Carroll Park in West Philadelphia, Philadelphia.
What is the average sales price for listings in 5318 Master Street?
The average sales price for units in 5318 Master Street is $0 currently.

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