NOT LISTED FOR SALE

1423 N 8th St Philadelphia, PA 19122

Ludlow Neighborhood

Estimated Value: $507,000 - $941,000

0.03 Acre
$24,322,233 Price per Acre
1,165 Sq Ft Lot

Last Sold November 13, 2020

Last sale price $207,250

Est. 252% increase in value since last sale

Current estimated payment $4,055/month

About This Lot

As of November 2020

Attention HOMEBUILDERS -- CREATE AMAZING VALUE with a single or multi-family improvement along the North Broad cooridor. This large rectangular lot (approx 1,165 SF per public records) is shovel ready with existing zoning in place. Be apart of the North Broad Renaissance; you'll be investing in a vibrant urban community with all the culture & excitement there is to offer -- arts, education, entertainment, history, sports & more. Written offers accepted on attached Purchase Agreement along with Proof of Funds. PLEASE NOTE: buyer must be willing to pay both sides of transfer taxes, do any/all due diligence and accept property AS IS WHERE IS with no contingencies.

Last Agent to Sell the Property

Lisa Lord Edmonds

SVN-Ahia Commercial Real Estate License #RS317230 Listed on: 09/13/2020

SVN-Ahia Commercial Real Estate

Last Buyer's Agent

Gazi Ataseven

HomeSmart Realty Advisors License #RM426020

HomeSmart Realty Advisors

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,011

Lot Details

  • 1,165 Sq Ft Lot
  • Lot Dimensions are 17.00 x 68.50
  • Property is zoned RM1

Community Details

  • No Home Owners Association
  • Olde Kensington Subdivision

Listing and Financial Details

  • Tax Lot 143
  • Assessor Parcel Number 202082701

Property Details

Property Type

Land

Est. Annual Taxes

$2,011

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • New Construction: No
  • Automatically Close On Close Date: No
  • Remarks Public: Attention HOMEBUILDERS -- CREATE AMAZING VALUE with a single or multi-family improvement along the North Broad cooridor. This large rectangular lot (approx 1,165 SF per public records) is shovel ready with existing zoning in place. Be apart of the North Broad Renaissance; you'll be investing in a vibrant urban community with all the culture & excitement there is to offer -- arts, education, entertainment, history, sports & more. Written offers accepted on attached Purchase Agreement along with Proof of Funds. PLEASE NOTE: buyer must be willing to pay both sides of transfer taxes, do any/all due diligence and accept property AS IS WHERE IS with no contingencies.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 154.29
  • Street Number Modifier: 1423

Exterior Features

  • Construction Completed: No
  • 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
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Use Code: SR
  • Lot Size Acres: 0.03
  • Lot Dimensions: 17.00 x 68.50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1165.00
  • Year Assessed: 2020
  • Zoning: RM1
  • Farmland Preservation: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1390546
  • Assessor Parcel Number: 202082701
  • Tax Lot: 143
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 11/13/2020

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2020
Closed on
Nov 10, 2020
Sold by
Philadelphia Housing Authority
Bought by
Nha Development Llc
Seller's Agent
Lisa Lord Edmonds
SVN-Ahia Commercial Real Estate
Buyer's Agent
Gazi Ataseven
HomeSmart Realty Advisors
List Price
$179,750
Sold Price
$207,250
Premium/Discount to List
$27,500
15.3%
Current Estimated Value
$729,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$522,417
Avg. Annual Appreciation
20.03%

Purchase Details

Closed on
Oct 22, 1970
Bought by
Phila Housing Authority
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
Nha Development Llc $207,250 Ez Abstract Inc
Phila Housing Authority -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nha Development Llc $546,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2020 11/13/20 Sold $207,250 +15.3% --
09/23/2020 09/23/20 Pending -- -- --
09/13/2020 09/13/20 For Sale $179,750 -- --
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 $2,011 $929,000 $185,800 $743,200
2024 $2,011 $929,000 $185,800 $743,200
2023 $2,450 $718,400 $143,680 $574,720
2022 $2,450 $175,000 $175,000 $0
2021 $1,066 $26,700 $26,700 $0
2020 $1,066 $0 $0 $0
2019 $1,066 $0 $0 $0
2018 $1,066 $0 $0 $0
2017 -- $0 $0 $0
2016 -- $0 $0 $0
2015 -- $0 $0 $0
2014 -- $7,400 $7,400 $0
2012 -- $800 $800 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Lord Edmonds

    Seller's Agent in 2020

    Lisa Lord Edmonds

    SVN-Ahia Commercial Real Estate

    (215) 757-2500

    3 in this area

    56 Total Sales

    Lisa Lord Edmonds
    Section Image
  • Gazi Ataseven

    Buyer's Agent in 2020

    Gazi Ataseven

    HomeSmart Realty Advisors

    (267) 774-6886

    7 in this area

    307 Total Sales

    Gazi Ataseven
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH934916

Bright MLS

APN: 202082701

Pennsylvania Philadelphia County Philadelphia 19122 Ludlow

1423 N 8th St, Philadelphia, PA

This home is located at 1423 N 8th St, Philadelphia, PA 19122 since 13 September 2020 and is currently estimated at $729,667. 1423 N 8th St is a home located in Philadelphia County with nearby schools including James R. Ludlow School, Penn Treaty School, and Young Scholars Charter School.

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