5603 Spruce Street

5603 Spruce Street in Philadelphia, PA was first built in 1925 and is 99 years old. This has been categorized as a unknown property type. For those interested in architecture, the building on the property was built in a unknown. There are a total of 2 floors. 5603 Spruce Street has 2,050 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 180 ft and the linear feet between the front and back of the lot is 880. In total, the area measurement of the land is 1,595 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 unknown control joints. The condition of the building has been evaluated as unknown. The exterior walls of the home are made of unknown. 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, 5603 Spruce Street sold most recently in May 1, 1989 for a total of $25,000. If you work out the math, that's approximately a cost of $12.20 per sqft. 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 $1,090 in taxes each year. The initial year of tax delinquency occurred in 2021. 5603 Spruce Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $77,900. If we break it down further, the land itself was valued at $15,580. Improvements to the property, however, were assessed at a total of $62,320. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.