2 months on rocket

5005 Walnut St, Philadelphia, PA, 19139

$869,900

Home List Price

$10,000*

Closing Credit

0 Baths
3,595 SqFt
$242/SqFt
Multi

Location

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5005 Walnut St, Philadelphia$869,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOn Street
Year Built2023
HeatingForced Air, Other, Zoned
CoolingCentral Air, Multi Unit(s)
MLS #PAPH2395834
Lot Size0.04 Acres
StatusActive
(ACTIVE)

About 5005 Walnut St

LAST 2 of 8 New construction Multifamily homes. INVESTOR or OWNER OCCUPANT OPPORTUNITY! 3,595 sq. ft New Construction. TRIPLEX with ROOF DECK. First floor Unit is vacant. 2nd and 3rd floor units leased through 2025. 10-Year Tax Abatement. Seller Rate buy down offered! All units constructed with Quartz Countertops, Custom Solid Wood Cabinets, High-end Stainless steel appliances and designer fixtures. Full Size front End Washer/Dryers installed in every unit. First floor Unit is 3 Bedroom 3 Bathroom Bi-level. Main Level is kitchen/ Living with Full bathroom and spacious bedroom. Exit to Private rear yard. Lower Level contains 2 additional Bedrooms and Bathrooms (one ensuite) and Laundry. Middle Unit is 2 Bedroom 1.5 Bathroom with Balcony off the rear bedroom. 3rd floor unit is 2 Bedroom 1.5 Bathroom with access to Private Roof Deck. All Electric no Gas. Water is Sub-metered for each unit. Property can be purchased as 3 Condo units and be sold off as individual units in the future. Extremely well built by a very experienced Local Philadelphia Builder. Located near the highly desired University City neighborhood. Situated close to the Hospitals and the University of Pennsylvania, steps from the Market-Frankford Line, and a straight shot to Down Town Center City Philadelphia. A short walk to parks, restaurants, and shopping! All Electric. Water is Sub-metered. 540 S 52nd QUADPLEX also still available.

Property Details

Property Features

Property Information:

  • Architectural Style: Straight Thru
  • Year Built: 2023
  • Living Area: 3,595 SqFt

Listing Office:

  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Listing Agent: Christopher K Somers

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Other, Zoned
  • Cooling: Central Air, Multi Unit(s)

Other

Directions Information:

  • Directions: From S Broad St, turn onto Walnut St. The property will be on your right after passing 50th St.

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $869,900
  • Price Per SqFt: $242/SqFt

Tax Information:

  • Annual Amount: $734
  • 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

$265.3K

Med. Price/SqFt

$200

Avg. Days On Market

45

# of Sold Homes

946

5005 Walnut St vs Philadelphia

88 DAYS ON ROCKET

+43 Days

$869,900

+$604.5K More

$242/SqFt

+$41 More

KEY TAKEAWAY

This property is $604.5K more than the Median Sold Price and $41/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: #PAPH2395834

Listing Office:

  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Listing Agent: Christopher K Somers

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: 12/23/2024, 1:20:56 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

Jul 19, 2019Home Sold
$105,848
Mar 18, 2013Home Sold
$20,500

Tax History

YEARPROP. TAXASSESSMENT
2020$734 -
2019$733$52,400
2018$733$52,400
2017$733$52,400

History based on county public records data.

Payment Calculator

$4,409

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,675

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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-1127699
3
/10

  • Inquiry Charter School

  • 1301 Belmont Ave

  • 1.34 miles

  • Public Charter Grades PK-5

school-card-donut-1127700
3
/10

  • Universal Institute Charter School at Bluford

  • 5801 Media St

  • 1.40 miles

  • Public Charter Grades KG-6

school-card-donut-1127701
5
/10

  • Samuel Powel Elementary School

  • 301 N 36th St

  • 1.51 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. Most Philadelphia, PA residents have annual incomes less than $35k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19139›5005 Walnut St

This home is located at 5005 Walnut St in Philadelphia, PA and zip code 19139 in the Walnut Hill neighborhood. This 3,595 square foot home, which was built in 2023, sits on a 0.04 acre lot. It has been listed on Rocket Homes since September 25, 2024 and is currently priced at $869,900.

Over 219 listings were sold over their listed price in November 2024 in Philadelphia, PA. In the same period over 523 listings were sold below the listed price and 204 listings were sold for the listed price. The number of listings in Philadelphia, PA increased by 1.8% between October 2024 and November 2024. While the average time on the market in November 2024 was 45 days, the median list price was $265,372.

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

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