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5545 Irving Street

5545 Irving Street, Philadelphia, PA 19139
Property in Cobbs Creek
Sold Jul 05, 2018
$188,000
$184,594 by Franklin American Mortgage Co
Mortgage Due Jul 01, 2048
Sold May 03, 2017
$50,000
$50,000 by Direct Mortgage Loan Company
Mortgage Due Apr 30, 2018
5545 Irving 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 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, 5545 Irving Street has 1,350 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 1,149 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 good. 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, 5545 Irving Street sold most recently in Jun 18, 2018 for a total of $188,000. If you work out the math, that's approximately a cost of $139.26 per sqft. Before that, the property was also sold for $50,000 in Apr 24, 2017. 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 $1,058 in taxes each year. 5545 Irving Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $155,600. If we break it down further, the land itself was valued at $31,100. Improvements to the property, however, were assessed at a total of $124,500. 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.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: 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: Good
  • 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: 1,149
  • Lot Size Depth Feet: 750
  • Lot Size Frontage Feet: 150
  • Total Building Area: 1,350
  • Gross Building Area: 1,350
  • Building Area: 1,350
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,350
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARK PLAZA CONDO
  • 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: 175 W OF ALLISON

Ownership

  • Current Owner : MEIER JAMES W
  • Previous Owner : SHAM ROSHINNE
  • Owner Before Previous Owner: POULSON JAMES A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 008400

Zoning

  • Zoning: RSA5

Geography

  • Assessors Map Reference: 022S070091
  • Account Number: 058900
  • District: WARD #60
  • Parcel: 60-4058900
  • Block: 22S7
  • Lot: 91
  • Municipality: PHILADELPHIA
  • Latitude: 39.9563
  • Longitude: -75.2334

    Address

  • Full Address: 5545 Irving St
  • Address - House Number: 5545
  • Address - Street Name: Irving
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C008
  • 4-Digit Zip Code: 3927
  • Zip Code: 19139

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,058
  • Tax Rate Code Area: 60

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 250,398
  • High Value: 361,151
  • Low Value: 139,644

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $184,594
  • First Open Lien Mortgage Lender: FRANKLIN AMERICAN MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Jul 05, 2018
  • First Open Lien Mortgage Loan Amount: $184,594
  • 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: Jul 01, 2048

    Market Valuation

  • Market Total Value: $155,600
  • Market Land Value: $31,100
  • Market Improvement Value: $124,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $155,600
  • Assessed Land Value: $31,100
  • Assessed Improvements Value: $124,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 18, 2018
  • Current Sale Recording Date: Jul 05, 2018
  • Current Sale Transaction ID: 11480568974
  • Current Sale Price: $188,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53385919
  • Previous Sale Recording Date: May 03, 2017
  • Previous Sale Contract Date: Apr 24, 2017
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FRANKLIN AMERICAN MORTGAGE CO
  • First Mortgage Transaction Date: Jul 05, 2018
  • First Mortgage Loan Amount: $184,594
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: DIRECT MORTGAGE LOAN COMPANY
  • Previous Mortgage Transaction Date: May 03, 2017
  • Previous Mortgage Loan Amount: $50,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Previous Mortgage Loan Due Date: Apr 30, 2018

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Frequently Asked Questions

What neighborhood is 5545 Irving Street located in?
The 5545 Irving Street is a located in the neighborhood of Cobbs Creek in West Philadelphia, Philadelphia.
What is the average sales price for listings in 5545 Irving Street?
The average sales price for units in 5545 Irving Street is $0 currently.

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