10 months on rocket

5005 Walnut St, Philadelphia, PA, 19139

$824,900

Home List Price

$9,796*

Closing Credit

0 Baths
3,595 SqFt
$229/SqFt
Multi
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

5005 Walnut St, Philadelphia$824,900

Buyer Closing Credits

$9,796*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeTriplex
ParkingOn Street
Year Built2023
HeatingForced Air, Other, Zoned
CoolingCentral Air, Multi Unit(s)
MLS #PAPH2256606
Lot Size0.04 Acres
StatusActive
(ACTIVE)

About 5005 Walnut St

INVESTOR OPPORTUNITY. 3,595 sq. ft New Construction OCCUPIED TRIPLEX with ROOF DECK. 10-Year Tax Abatement. Qualifies for 5% down. Seller Rate buy down offered! 1st and 2nd Floor Unit leased through 2025. 3rd floor open for Home Hacking Occupant. 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. Water is Sub-metered. Extremely well built but a long time 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! 5 Buildings remaining. Excellent for Investor OR Owner Occupant. Units converted to Condos. Potentially to sell off individual units in the future. All Electric. Water is Sub-metered. Other Available Buildings. 5237 Chancellor Duplex (PENDING),5233 Chancellor St (SOLD) 5001 Walnut Quadplex (SOLD), 540 S 52nd Commercial Quadplex, 5113,5122 and 5138 Ranstead Duplexes.

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)

School Info

Assigned Schools Information:

  • William L. Sayre High School, Public District Grades 9-12

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: $824,900
  • Price Per SqFt: $229/SqFt

Tax Information:

  • Annual Amount: $734
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Philadelphia, PA

City

Med. Sold Price

$258.8K

Med. Price/SqFt

$196

Avg. Days On Market

50

# of Sold Homes

960

5005 Walnut St vs Philadelphia

309 DAYS ON ROCKET

+259 Days

$824,900

+$566K More

$229/SqFt

+$33 More

KEY TAKEAWAY

This property is $566K more than the Median Sold Price and $33/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: #PAPH2256606

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: 5/16/2024, 2:15:42 PM 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

$4,185

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,540

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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.

High School

school-card-donut-2356736
3
/10

  • William L. Sayre High School

  • 5800 Walnut St

  • 0.89 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,691. The most common annual income of people living in Philadelphia, PA is less than $35k. The majority of families are single, no kids. 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›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 July 11, 2023 and is currently priced at $824,900.

In April 2024 more than 242 listings in Philadelphia, PA were sold above the asking price. During the same period more than 216 listings were sold at asking price, while more than 502 were sold below. The number of homes for sale in Philadelphia, PA increased by 9.8% between March 2024 and April 2024. In April 2024, listings were on the market for 50 days. During the same period, the median list price in this real estate market was $258,806.

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

More Resources