NOT LISTED FOR SALE

1011 Lorraine St Philadelphia, PA 19116

Somerton Neighborhood

Estimated Value: $356,000 - $391,000

3 Beds
2 Baths
1,412 Sq Ft
$263/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $226,800 $161 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,290/month

60 Days on Market

Highlights

  • 0.18 Acre Lot
  • No HOA
  • Hot Water Baseboard Heater
  • Cape Cod Architecture
  • 1 Car Detached Garage

About This Home

As of February 2023

Built in 1960 and located in the Somerton neighborhood, this cape cod home offers approximately 1412
finished square feet, three bedrooms and two full baths, covered front porch and detached one car garage.
This home sits on an approximate 7900 sqft lot.

Last Agent to Sell the Property

Sherry Price

(770) 612-7322 sherry.price@RHSS.com RealHome Services and Solutions, Inc. License #654814 Listed on: 12/02/2022

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,115

Year Built

  • Built in 1960

Lot Details

  • 7,900 Sq Ft Lot
  • Lot Dimensions are 79.00 x 100.00
  • Property is zoned RSD3

Parking

  • 1 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • 1,412 Sq Ft Home
  • Property has 1.5 Levels

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Somerton Subdivision

Listing and Financial Details

  • Tax Lot 193
  • Assessor Parcel Number 582213000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,115

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Special Features: Auction
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 1.5
  • Basement: No
  • Total Sq Ft: 1412
  • Living Area Sq Ft: 1412
  • Price Per Sq Ft: 178.33
  • Above Grade Finished Sq Ft: 1412
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stone
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 235200.00
  • Land Assessed Value: 58800.00
  • Lot Size Acres: 0.18
  • Lot Dimensions: 79.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7900.00
  • Zoning: RSD3

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1310400
  • School Tax: 2258.00
  • Tax Annual Amount: 4115.00
  • Assessor Parcel Number: 582213000
  • Tax Lot: 193
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2022
Closed on
Feb 23, 2023
Sold by
Home Equity Mortgage Loan Asset-Backed T
Bought by
Faykin Mithael
Seller's Agent
Sherry Price
RealHome Services and Solutions, Inc.
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$265,000
Sold Price
$226,800
Premium/Discount to List
-$38,200
-14.42%
Views
387
Current Estimated Value
$372,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,260
Avg. Annual Appreciation
20.29%

Purchase Details

Closed on
Oct 19, 2022
Sold by
Sheriff Of The County Of Philadelphia
Bought by
Home Equity Mortgage Loan Asset-Backed Trust

Purchase Details

Closed on
Oct 10, 2005
Sold by
Sanchez Michael J
Bought by
Sanchez Michael J and Sanchez Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
9.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2002
Sold by
House Walter R
Bought by
Sanchez Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,300
Interest Rate
7.13%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Faykin Mithael -- --
Home Equity Mortgage Loan Asset-Backed Trust $250,000 --
Sanchez Michael J -- None Available
Sanchez Michael J $110,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanchez Michael J $175,000
Previous Owner Sanchez Michael J $66,300
Closed Sanchez Michael J $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2023 02/24/23 Sold $226,800 -9.9% $161 / Sq Ft
01/31/2023 01/31/23 Pending -- -- --
01/12/2023 01/12/23 Price Changed $251,800 -5.0% $178 / Sq Ft
12/02/2022 12/02/22 For Sale $265,000 -- $188 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,115 $346,500 $69,300 $277,200
2024 $4,115 $346,500 $69,300 $277,200
2023 $4,115 $294,000 $58,800 $235,200
2022 $2,802 $249,000 $58,800 $190,200
2021 $3,432 $0 $0 $0
2020 $3,432 $0 $0 $0
2019 $3,287 $0 $0 $0
2018 $2,655 $0 $0 $0
2017 $3,075 $0 $0 $0
2016 $2,655 $0 $0 $0
2015 $1,714 $0 $0 $0
2014 -- $219,700 $132,720 $86,980
2012 -- $29,536 $7,660 $21,876
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Sherry Price

    RealHome Services and Solutions, Inc.

    (770) 612-7322

    1 in this area

    733 Total Sales

    Sherry Price
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH2183890

Bright MLS

APN: 582213000

Pennsylvania Philadelphia County Philadelphia 19116 Somerton

1011 Lorraine St, Philadelphia, PA

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