2 months on rocket

217 S 51st St, Philadelphia, PA, 19139

$625,000

Home List Price

$7,422*

Closing Credit

0 Baths
3,115 SqFt
$201/SqFt
Multi

Location

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217 S 51st St, Philadelphia$625,000

Buyer Closing Credits

$7,422*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOn Street
Year Built1925
HeatingHeat Pump
CoolingCentral Air
MLS #PAPH2395234
Lot Size0.03 Acres
StatusActive
(ACTIVE)

About 217 S 51st St

Newly renovated in 2022, this Triplex, featuring two turnkey furnished rentals, is located in the University City area. Unit 1 is a bi-level apartment with 2 bedrooms and 2 full baths, currently used as a long-term, unfurnished rental. The first floor includes a bedroom, full bath, and an office with access to the backyard. The lower level offers a bedroom, family room, full bath, and laundry area. Unit 2 is a 1.5-bedroom apartment with 1.5 baths and an office/laundry room. Unit 3 features 1 bedroom, 1 full bath, a skylight, and recessed lighting. Each unit boasts brand-new bathrooms and kitchens with quartz countertops and stainless steel appliances. Luxury vinyl plank (LVP) flooring is installed throughout, along with new windows. Every unit is equipped with designated HVAC/mini-split systems, water heaters, and electric meters. Additionally, the property includes a sprinkler system and fire alarm system for enhanced safety. The units are self-contained, making them ideal for condo conversion if desired. The seller currently operates Units 2 and 3 as furnished rentals, generating higher monthly income. Unit 2 rents for $2,025 per month, and Unit 3 rents for $1,925 per month. Unit 1, as a long-term unfurnished rental rents for $1,550.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1925
  • Living Area: 3,115 SqFt

Listing Office:

  • Office Name: Egan Real Estate
  • Office Phone: (610) 649-1500
  • Listing Agent: Patrick G Egan

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: S 51st Street

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $625,000
  • Price Per SqFt: $201/SqFt

Tax Information:

  • Annual Amount: $2,417
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

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Philadelphia, PA

City

Med. Sold Price

$261.8K

Med. Price/SqFt

$199

Avg. Days On Market

44

# of Sold Homes

1056

217 S 51st St vs Philadelphia

72 DAYS ON ROCKET

+28 Days

$625,000

+$363.1K More

$201/SqFt

+$2 More

KEY TAKEAWAY

This property is $363.1K more than the Median Sold Price and $2/SqFt more than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2395234

Listing Office:

  • Office Name: Egan Real Estate
  • Office Phone: (610) 649-1500
  • Listing Agent: Patrick G Egan

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 5:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 17, 2021Home Sold
$240,000
Apr 23, 2015Home Sold
$112,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,417 -
2019$2,327$166,300
2018$2,333$166,700
2017$2,333$166,700

History based on county public records data.

Payment Calculator

$3,187

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-528110
3
/10

  • Universal Institute Charter School at Bluford

  • 5801 Media St

  • 1.39 miles

  • Public Charter Grades KG-6

school-card-donut-528111
3
/10

  • Inquiry Charter School

  • 1301 Belmont Ave

  • 1.41 miles

  • Public Charter Grades PK-5

school-card-donut-528112
5
/10

  • Samuel Powel Elementary School

  • 301 N 36th St

  • 1.61 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,691. Typical income of Philadelphia, PA residents is less than $35k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19139›217 S 51st St

This home is located at 217 S 51st St in Philadelphia, PA and zip code 19139 in the Walnut Hill neighborhood. This 3,115 square foot home, which was built in 1925, sits on a 0.03 acre lot. It has been listed on Rocket Homes since September 10, 2024 and is currently priced at $625,000.

In October 2024 more than 252 listings in Philadelphia, PA were sold above the asking price. During the same period more than 237 listings were sold at asking price, while more than 567 were sold below. The inventory of homes for sale in Philadelphia, PA between September 2024 and October 2024 increased by 9.8%. In October 2024, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $261,807.

From Rocket Homes Real Estate and based on county public records data.

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