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531 S 55th St, Philadelphia, PA, 19143

4beds
3baths
2,412sqft
$470,110
$195price/sqft
$3,277/moest. monthly cost
$131,080/yrincome needed

About This Home

Still updating images and putting on the final touches but....Welcome to this exceptional newly renovated home in Philadelphia’s desirable Cobbs Creek neighborhood, where thoughtful design, upscale finishes, and flexible living space come together beautifully. The main level features stunning new hardwood flooring throughout, a bright open-concept floor plan, and a center sliding glass door that fills the space with natural light and creates a seamless connection to the large, fully fenced backyard. At the heart of the home is an impressive chef’s kitchen featuring a massive center island, tasteful designer backsplash, high-end built-in wall oven, stainless steel appliances, abundant cabinetry, and sleek contemporary finishes ideal for both everyday living and entertaining. The fully finished walkout basement offers valuable additional living space, including an extra bedroom and full bathroom, with direct access to the backyard. This flexible lower level is ideal for guests, extended family, a home office, fitness area, or entertainment space. Upstairs, the luxurious primary suite delivers a truly distinctive retreat. The spa-inspired bathroom showcases a freestanding eggshell soaking tub, an oversized glass-enclosed shower, imported tile, modern fixtures, and sophisticated designer details. Conveniently located near University City, the University of Pennsylvania, major hospitals, Delaware County, and Center City, the property also offers easy access to Cobbs Creek Park and trails, Baltimore Avenue restaurants and neighborhood businesses, Clark Park, Malcolm X Memorial Park, SEPTA transportation, and many of West Philadelphia’s most popular destinations. With its striking renovation, spacious backyard, flexible finished basement, high-end kitchen, and show-stopping primary suite, this move-in-ready home offers the style, space, and location today’s buyers are searching for.

Getting Around

65
WalkingSomewhat Walkable
72
TransitExcellent Transit
92
BikeBiker's Paradise

Schools

6/10
Hamilton Andrew SchoolGrades K-80.3 mi
2/10

Construction

Condition

  • Year built: 1925

Materials

  • Foundation: Block,Brick/Mortar
  • Construction materials: Masonry

Type & Style

  • Home type: Townhouse
  • Architectural style: Colonial
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Electric Water Heater

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Finished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Finished area above ground: 2,412

Heating & Cooling

  • Heating features: Hot Water,Natural Gas
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 2,412
  • Total interior livable area: 2,412 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 463187600
  • Zoning: RSA5
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None

Lot

  • Lot size: 1,552 sqft
  • Lot size dimensions: 16.00 x 97.00

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High
  • Cold Wave
    Cold WaveRelatively High
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Winter Weather
Tsunami

FEMA Declared Disasters Across Pennsylvania Counties

Flood
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,377$28,524
Home Insurance *$159$1,908
Property Taxes $477$5,724
Electricity $264$3,175
Total$3,277$39,324
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$112,354/yr
40% on housing$98,310/yr
45% on housing$87,386/yr

Pennsylvania FAIR Plan Programs

Insurance Placement Facility of Pennsylvania/FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,982Commercial: 984
Total Premiums$5.34M
Total Exposure$1.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.5%
5.5%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$195This listing

vs Other Active Listings

Avg $/sqft

ZIP 19143$127
Philadelphia County$162

vs Homes Sold Last Month

Median $/sqft

ZIP 19143$186
Philadelphia County$236

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-03Listed for sale$470,110
2025-06-18Sold$165,000
2013-06-05Sold$124,000
2013-03-19Listed for sale$115,000
2009-11-10Sold$100,000
2009-07-31Sold$100,000
2008-11-18Sold$60,000

For Sale by Agent

AgentJulian Hinson
BrokerageErgo Real Estate Company

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