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5610 Ormes Street

5610 Ormes Street, Philadelphia, PA 19120
Property in Olney
Sold Oct 27, 2020
$140,000
$137,464 by Customers Bank
Mortgage Due Nov 01, 2050
Sold Oct 15, 2012
Transfer
$108,007 by Polonia Bank
Mortgage Due Nov 01, 2042
Local assessors in Philadelphia, PA have categorized 5610 Ormes Street as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 1,320 square feet. The linear feet between the front and back of the lot was measured at 720 ft and the front of the lot was measured at 180 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5610 Ormes Street has a total of 1,224 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Lots of brick were used in the construction of the exterior walls of the home. 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, 5610 Ormes Street sold most recently in Oct 16, 2020 for a total of $140,000. If you work out the math, that's approximately a cost of $114.38 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 $687 in taxes each year. 5610 Ormes Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $129,100. If we break it down further, the land itself was valued at $25,820. Improvements to the property, however, were assessed at a total of $103,280. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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 Type: Partial basement
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,320
  • Lot Size Depth Feet: 720
  • Lot Size Frontage Feet: 180
  • Total Building Area: 1,224
  • Gross Building Area: 1,224
  • Building Area: 1,224
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,224
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.03
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Homestead (misc.)
  • State Land Use Code: Single family residential
  • Legal Description 1: 914 N OLNEY AVE

Ownership

  • Current Owner : LOPEZ ROSA JOEL F
  • Previous Owner : BETANCES CARMEN NUNEZ
  • Owner Before Previous Owner: MATHEW JOHN
  • 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: 027300

Zoning

  • Zoning: RSA5

Geography

  • Assessors Map Reference: 140N080086
  • Account Number: 512600
  • District: WARD #61
  • Parcel: 61-2512600
  • Block: 140N8
  • Lot: 86
  • Municipality: PHILADELPHIA
  • Latitude: 40.0351
  • Longitude: -75.117

    Address

  • Full Address: 5610 Ormes St
  • Address - House Number: 5610
  • Address - Street Name: Ormes
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C068
  • 4-Digit Zip Code: 2507
  • Zip Code: 19120

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $687
  • Tax Rate Code Area: 61

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 298,657
  • High Value: 430,755
  • Low Value: 166,558

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $137,464
  • First Open Lien Mortgage Lender: CUSTOMERS BANK
  • First Open Lien Mortgage Recording Date: Oct 27, 2020
  • First Open Lien Mortgage Loan Amount: $137,464
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $129,100
  • Market Land Value: $25,820
  • Market Improvement Value: $103,280

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $129,100
  • Assessed Land Value: $25,820
  • Assessed Improvements Value: $103,280

    Sales

  • Current Sale Contract Date: Oct 16, 2020
  • Current Sale Recording Date: Oct 27, 2020
  • Current Sale Transaction ID: 11795827634
  • Current Sale Price: $140,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53738650
  • Previous Sale Recording Date: Oct 15, 2012
  • Previous Sale Contract Date: Oct 11, 2012
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CUSTOMERS BANK
  • First Mortgage Transaction Date: Oct 27, 2020
  • First Mortgage Loan Amount: $137,464
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: POLONIA BANK
  • Previous Mortgage Transaction Date: Oct 15, 2012
  • Previous Mortgage Loan Amount: $108,007
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2042

About North Philadelphia



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Frequently Asked Questions

What neighborhood is 5610 Ormes Street located in?
The 5610 Ormes Street is a located in the neighborhood of Olney in North Philadelphia, Philadelphia.
What is the average sales price for listings in 5610 Ormes Street?
The average sales price for units in 5610 Ormes Street is $0 currently.

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