5501 North 7th Street

5501 North 7th 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 conventional style. There are a total of 2 floors. 5501 North 7th Street has 1,472 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 140 ft and the linear feet between the front and back of the lot is 930. In total, the area measurement of the land is 1,305 square feet.

Learn more about the property and building on this page. 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 alum/vinyl siding. As for heating, the home is utilizing a heating system. The property was last sold in Sep 29, 2001 for $8,000. That's $5.43 per sqft. 5501 North 7th Street was last assessed in 2023. The total value of the property was assessed at $177,200. Specifically, the land the property is located on was valued at $35,440. While improvements on the property were assessed at a total of $141,760. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,480. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.