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5721 North Park Avenue

5721 North Park Avenue, Philadelphia, PA 19141
1 Units For Sale
Unit for sale at 5721 N PARK AVENUE, PHILADELPHIA, PA 19141

$250,000

  • Commercial
5721 N PARK AVENUE, PHILADELPHIA, PA 19141 Listing by Loretta Starck

Local assessors in Philadelphia, PA have categorized 5721 North Park Avenue as a residential type of property. The home was built in 1945 and is 79 years old. The property's lot size has been calculated to be 3,821 square feet. The linear feet between the front and back of the lot was measured at 1,530 ft and the front of the lot was measured at 250 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. This is a 3 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 5721 North Park Avenue has a total of 2,253 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 underground or in the basement 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 poor. 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. The home's a heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5721 North Park Avenue was last sold in Feb 20, 2024 for $200,000. According to our calculations, that's $88.77 per sqft. Prior to that sales transaction, the property was sold for $300,000 in May 7, 2021. Current property owners are expected to pay $3,036 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 5721 North Park Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $216,900. To break that down further, the land itself was valued at $43,380. While improvements to the property were assessed at a total of $173,520. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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!

Building Features

Exterior

Masonry Exterior
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200610
06/10/2020
Loft
-
-
$225,000
bedrooms
Loft
bathrooms
-
-
-
-
-
20190813
08/13/2019
Studio
-
-
$299,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Poor
  • Construction Type: Masonry
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Floor Count: 3
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,821
  • Lot Size Depth Feet: 1,530
  • Lot Size Frontage Feet: 250
  • Total Building Area: 2,253
  • Gross Building Area: 2,253
  • Building Area: 2,253
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 2,253
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.088
  • Standard Land Use Code: Duplex (2 units, any combination)
  • State Land Use Code: Townhouse (residential)
  • Legal Description 1: 250. N CHEW ST

Ownership

  • Current Owner : PARADISE 1 LLC
  • Previous Owner : AMJA MANAGEMENT LLC
  • Owner Before Previous Owner: STATON ELAINE G
  • Owner Before Previous Owner 2: ESTATE OF LONNIE STATON
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 027600

Zoning

  • Zoning: RTA1

Geography

  • Assessors Map Reference: 141N020011
  • Account Number: 227700
  • District: WARD #49
  • Parcel: 49-3227700
  • Block: 141N2
  • Lot: 11
  • Municipality: PHILADELPHIA
  • Latitude: 40.0405
  • Longitude: -75.1429

    Address

  • Full Address: 5721 N Park Ave
  • Address - House Number: 5721
  • Street Direction: N
  • Address - Street Name: Park
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C017
  • 4-Digit Zip Code: 3131
  • Zip Code: 19141

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,036
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 49

    Appraisal Valuation

  • Standard Deviation: 0.1219
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 86
  • Final Value: 233,519
  • High Value: 262,070
  • Low Value: 204,968

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $140,000
  • First Open Lien Mortgage Lender: DIRECT MORTGAGE LOANS, LLC
  • First Open Lien Mortgage Recording Date: Mar 06, 2024
  • First Open Lien Mortgage Loan Amount: $140,000
  • First Open Lien Mortgage Term: 7
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Nov 30, 2024

    Market Valuation

  • Market Total Value: $216,900
  • Market Land Value: $43,380
  • Market Improvement Value: $173,520

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $216,900
  • Assessed Land Value: $43,380
  • Assessed Improvements Value: $173,520

    Sales

  • Current Sale Contract Date: Feb 20, 2024
  • Current Sale Recording Date: Mar 06, 2024
  • Current Sale Transaction ID: 11922028210
  • Current Sale Price: $200,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 54276601
  • Previous Sale Recording Date: Jun 13, 2021
  • Previous Sale Contract Date: May 07, 2021
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: DIRECT MORTGAGE LOANS, LLC
  • First Mortgage Transaction Date: Mar 06, 2024
  • First Mortgage Loan Amount: $140,000
  • First Mortgage Terms: 7
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: Nov 30, 2024

About North Philadelphia



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Frequently Asked Questions

What neighborhood is 5721 North Park Avenue located in?
The 5721 North Park Avenue is a commercial located in the neighborhood of Logan - Ogontz - Fern Rock in North Philadelphia, Philadelphia.
How many listings are currently for sale in 5721 North Park Avenue?
There is a listing currently on the market for sale.
What is the average sales price for listings in 5721 North Park Avenue?
The average sales price for units in 5721 North Park Avenue is $250,000 currently.

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