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5948 Belmar Street

5948 Belmar Street, Philadelphia, PA 19143
Property in Elmwood
Sold Sep 22, 2022
$130,000
$123,500 by Meridian Bank
Mortgage Due Oct 01, 2052
Sold Mar 18, 2002
$39,900
$39,992 by Accubanc Mtg Corp
Mortgage Due Apr 01, 2032
Local assessors in Philadelphia, PA have categorized 5948 Belmar Street as a residential type of property. The home was built in 1920 and is 104 years old. The property's lot size has been calculated to be 1,130 square feet. The linear feet between the front and back of the lot was measured at 640 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 are 2 full bathrooms. There are also 2 partial bathrooms. 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 5948 Belmar Street has a total of 1,150 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 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. The home's a heating system is the primary heating source. 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, 5948 Belmar Street sold most recently in Sep 16, 2022 for a total of $130,000. If you work out the math, that's approximately a cost of $113.04 per sqft. Before that, the property was also sold for $39,900 in Mar 8, 2002. 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 $1,288 in taxes each year. 5948 Belmar Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $92,000. If we break it down further, the land itself was valued at $18,400. Improvements to the property, however, were assessed at a total of $73,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: Townhouse
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,130
  • Lot Size Depth Feet: 640
  • Lot Size Frontage Feet: 180
  • Total Building Area: 1,150
  • Gross Building Area: 1,150
  • Building Area: 1,150
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,150
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • 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: 4256 W OF 59TH ST

Ownership

  • Current Owner : JALLOH AYUBA L
  • Previous Owner : ZOE KELGBEH
  • Owner Before Previous Owner: JOHNSON JAMES M
  • Owner Before Previous Owner 2: JOHNSON GERALDINE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 006500

Zoning

  • Zoning: RSA5

Geography

  • Assessors Map Reference: 028S060137
  • Account Number: 111200
  • District: WARD #03
  • Parcel: 03-4111200
  • Block: 78S6
  • Lot: 137
  • Municipality: PHILADELPHIA
  • Latitude: 39.9352
  • Longitude: -75.2327

    Address

  • Full Address: 5948 Belmar Ter
  • Address - House Number: 5948
  • Address - Street Name: Belmar
  • Address - Suffix Type: Ter
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C019
  • 4-Digit Zip Code: 5211
  • Zip Code: 19143

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,288
  • Tax Rate Code Area: 3

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 238,117
  • High Value: 343,438
  • Low Value: 132,795

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $130,000
  • First Open Lien Mortgage Lender: MERIDIAN BANK
  • First Open Lien Mortgage Recording Date: Sep 22, 2022
  • First Open Lien Mortgage Loan Amount: $123,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2052
  • Second Open Lien Mortgage Lender: PENNSYLVANIA HSNG FIN AGENCY
  • Second Open Lien Mortgage Recording Date: Sep 22, 2022
  • Second Open Lien Mortgage Loan Amount: $6,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2052

    Market Valuation

  • Market Total Value: $92,000
  • Market Land Value: $18,400
  • Market Improvement Value: $73,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $92,000
  • Assessed Land Value: $18,400
  • Assessed Improvements Value: $73,600

    Sales

  • Current Sale Contract Date: Sep 16, 2022
  • Current Sale Recording Date: Sep 22, 2022
  • Current Sale Transaction ID: 11896466521
  • Current Sale Price: $130,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 54100805
  • Previous Sale Recording Date: Mar 18, 2002
  • Previous Sale Contract Date: Mar 08, 2002
  • Previous Sale Amount: $39,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MERIDIAN BANK
  • First Mortgage Transaction Date: Sep 22, 2022
  • First Mortgage Loan Amount: $123,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2052
  • Second Mortgage Lender: PENNSYLVANIA HSNG FIN AGENCY
  • Second Mortgage Transaction Date: Sep 22, 2022
  • Second Mortgage Loan Amount: $6,500

    Previous Mortgages

  • Previous Mortgage Lender: ACCUBANC MTG CORP
  • Previous Mortgage Transaction Date: Mar 18, 2002
  • Previous Mortgage Loan Amount: $39,992
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2032

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Frequently Asked Questions

What neighborhood is 5948 Belmar Street located in?
The 5948 Belmar Street is a located in the neighborhood of Elmwood in Southwest Philadelphia, Philadelphia.
What is the average sales price for listings in 5948 Belmar Street?
The average sales price for units in 5948 Belmar Street is $0 currently.

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