NOT LISTED FOR SALE

Estimated Value: $84,000 - $637,000

0.04 Acre
$7,891,675 Price per Acre
1,600 Sq Ft Lot

Last Sold May 03, 2017

Last sale price $8,500

Est. 3,614% increase in value since last sale

Current estimated payment $1,699/month

18 Days on Market

Highlights

  • No HOA
  • Interior Lot
  • 3-minute walk to 52Nd Street

About This Lot

As of May 2017

Level, residential lot in a great location, near 50th Street and Market Street. Seller also has #21 North Farson Street listed for sale. Seller is eager, and will give clear title. Bring us an offer!

Last Agent to Sell the Property

Mr. Richard Owens

(215) 878-3714 owensrealty@verizon.net Richard B. Owens Company Inc Listed on: 01/30/2017

Last Buyer's Agent

Allen Borovich

(215) 460-6442 LBM3285@gmail.com RE/MAX Access

RE/MAX Access

Property Details

Property Type

  • Land

Lot Details

  • 1,600 Sq Ft Lot
  • Interior Lot
  • The property's topography is level
  • Property is zoned RM1

Schools

  • Alain Locke Elemementary Elementary School
  • West Philadelphia High School

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • West Philadelphia Subdivision

Listing and Financial Details

  • Tax Lot 180
  • Assessor Parcel Number 441067300

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Room List: Primary Bedroom
  • Price Per Sq Ft: 8.75

Exterior Features

  • Exterior Features: Sidewalks, Street Lights
  • Road Surface Type: Paved
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone Available, Cable Tv Available, Under Ground
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School: ALAIN LOCKE ELEMEMENTARY SCHOOL
  • High School: WEST PHILADELPHIA

Lot Info

  • Lot Features: Interior
  • Lot Size Acres: 0.04
  • Lot Dimensions: 16X100, LotWidth:16 X LotDepth:100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1600.00
  • Topography: Level
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1198916
  • Tax Annual Amount: 246.00
  • Assessor Parcel Number: 441067300
  • Tax Lot: 180
  • Tax Year: 2017

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2021
Sold by
City Block Acquisition Vii Llc
Bought by
Farson Street Associates Llc
Current Estimated Value
$315,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,636,000
Outstanding Balance
$2,347,247
Interest Rate
2.71%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$2,031,580

Purchase Details

Listed on
Jan 30, 2017
Closed on
May 3, 2017
Sold by
Aronimink Properties Llc
Bought by
City Block Acquisition Vii Llc
Seller's Agent
Mr. Richard Owens
Richard B. Owens Company Inc
Buyer's Agent
Allen Borovich
RE/MAX Access
List Price
$14,000
Sold Price
$8,500
Premium/Discount to List
-$5,500
-39.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.17%

Purchase Details

Closed on
Feb 25, 2017
Sold by
Key Harriett and City Of Philadelphia
Bought by
Aronimink Properties Llc

Purchase Details

Closed on
Aug 23, 1955
Bought by
Harriett Key
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Farson Street Associates Llc -- None Available
City Block Acquisition Vii Llc $8,500 None Available
Aronimink Properties Llc $2,300 None Available
Harriett Key -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farson Street Associates Llc $2,636,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2017 05/03/17 Sold $8,500 -39.3% --
02/17/2017 02/17/17 Pending -- -- --
01/30/2017 01/30/17 For Sale $14,000 -- --
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
2026 $526 $640,000 $128,000 $512,000
2025 $526 $44,500 $44,500 --
2024 $526 $44,500 $44,500 --
2023 $526 $37,600 $37,600 $0
2022 $246 $37,600 $37,600 $0
2021 $246 $0 $0 $0
2020 $246 $0 $0 $0
2019 $246 $0 $0 $0
2018 $246 $0 $0 $0
2017 $246 $0 $0 $0
2016 $109 $0 $0 $0
2015 $105 $0 $0 $0
2014 -- $7,800 $7,800 $0
2012 -- $640 $640 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003216427

Bright MLS

APN: 441067300