5601 North Park Avenue

5601 North Park Avenue in Philadelphia, PA was first built in 1935 and is 89 years old. This has been categorized as a commercial property type. For those interested in architecture, the building on the property was built in a unknown style. There are a total of 2 floors. 5601 North Park Avenue has 3,874 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 370 ft and the linear feet between the front and back of the lot is 1,190. In total, the area measurement of the land is 4,294 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a water system. For those who need parking, there is a garage underground or in the basement. 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, 5601 North Park Avenue sold most recently in Jul 31, 2019 for a total of $200,000. If you work out the math, that's approximately a cost of $51.63 per sqft. Before that, the property was also sold for $33,000 in Oct 6, 1983. 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 $3,501 in taxes each year. 5601 North Park Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $250,100. If we break it down further, the land itself was valued at $74,793. Improvements to the property, however, were assessed at a total of $175,307. 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.