NOT LISTED FOR SALE

2224 N Front St Philadelphia, PA 19133

Norris Square Neighborhood

Estimated Value: $474,000

0.02 Acre
$23,700,000 Price per Acre
1,024 Sq Ft Lot

Last Sold February 28, 2019

Last sale price $280,000

Est. 69% increase in value since last sale

Current estimated payment $2,578/month

9 Days on Market

About This Lot

As of February 2019

These two CMX2.5 lots at 2222-2224 N Front total 2032 square feet which allows for a by-right build of either 8 units (7 residential + 1 commercial) OR 11 units (10 residential + 1 commercial) if utilizing the transit-oriented development bonus. This stretch of Front Street is undergoing a major transformation, with multiple projects slated to break ground on the 2100 block of N Front in the first quarter of 2019. The rendering included is of a representative project from the 2100 block to provide a sense of what is happening in the surrounding area. PA Real estate broker has an ownership interest in the properties.

Last Agent to Sell the Property

Ariel Morgenstein

JG Real Estate LLC License #RM421955 Listed on: 01/23/2019

JG Real Estate LLC

Last Buyer's Agent

Orest Chornodola

Realty Mark Associates

Realty Mark Associates

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $197

Lot Details

  • 1,024 Sq Ft Lot
  • 2222 N Front - see MLS#PAPH508612
  • Property is zoned CMX2.5, CMX2.5. Mixed use construction allowed by right up to 55' in height

Utilities

  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 107
  • Assessor Parcel Number 885201860

Property Details

Property Type

Land

Est. Annual Taxes

$197

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Federal Flood Zone: No
  • Remarks Public: These two CMX2.5 lots at 2222-2224 N Front total 2032 square feet which allows for a by-right build of either 8 units (7 residential + 1 commercial) OR 11 units (10 residential + 1 commercial) if utilizing the transit-oriented development bonus. This stretch of Front Street is undergoing a major transformation, with multiple projects slated to break ground on the 2100 block of N Front in the first quarter of 2019. The rendering included is of a representative project from the 2100 block to provide a sense of what is happening in the surrounding area. PA Real estate broker has an ownership interest in the properties.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 292.96
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2224

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 Hook/Up Avail
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 2222 N Front - see MLS#PAPH508612
  • Lot Size Acres: 0.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1024.00
  • Possible Use: Mixed Use
  • Zoning: CMX2.5
  • Zoning Description: CMX2.5. Mixed use construction allowed by right up to 55' in height
  • Farmland Preservation: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 987519
  • School Tax: 108.00
  • Tax Annual Amount: 197.00
  • Assessor Parcel Number: 885201860
  • Tax Lot: 107
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019
  • Close Date: 02/28/2019

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2019
Closed on
Feb 28, 2019
Sold by
2226 N Front Llc
Bought by
2319 Ambler Street Llc
Seller's Agent
Ariel Morgenstein
JG Real Estate LLC
Buyer's Agent
Orest Chornodola
Realty Mark Associates
List Price
$299,995
Sold Price
$280,000
Premium/Discount to List
-$19,995
-6.67%
Current Estimated Value
$474,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,000

Purchase Details

Closed on
Nov 30, 2018
Sold by
Vargas Rafael and Vargas Kyong
Bought by
2226 N Front Llc and 2228 N Front Llc

Purchase Details

Closed on
May 8, 2006
Sold by
Caltabiano Alfred and Caltabiano Carmella
Bought by
Vargas Rafael and Vargas Kyong
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
2319 Ambler Street Llc $280,000 1St Advantage Abstract Llc
2226 N Front Llc $245,000 None Available
Vargas Rafael $8,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2019 02/28/19 Sold $280,000 -6.7% --
01/23/2019 01/23/19 For Sale $299,995 -- --
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 $183 $28,200 $28,200 --
2024 $183 $28,200 $28,200 --
2023 $183 $13,100 $13,100 $0
2022 $197 $13,100 $13,100 $0
2021 $197 $0 $0 $0
2020 $197 $0 $0 $0
2019 $197 $0 $0 $0
2018 $192 $0 $0 $0
2017 $53 $0 $0 $0
2016 $53 $0 $0 $0
2015 $51 $0 $0 $0
2014 -- $3,800 $3,800 $0
2012 -- $640 $640 $0
Source: Public Records

Agents Affiliated with this Home

  • Ariel Morgenstein

    Seller's Agent in 2019

    Ariel Morgenstein

    JG Real Estate

    (215) 740-6226

    7 in this area

    192 Total Sales

    Ariel Morgenstein
    Section Image
  • Orest Chornodola

    Buyer's Agent in 2019

    Orest Chornodola

    Realty Mark Associates

    (267) 243-6919

    85 Total Sales

    Orest Chornodola
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH513532

Bright MLS

APN: 885201860

Pennsylvania Philadelphia County Philadelphia 19125 Norris Square

2224 N Front St, Philadelphia, PA

This home is located at 2224 N Front St, Philadelphia, PA 19133 since 23 January 2019 and is currently priced at $474,000. 2224 N Front St is a home located in Philadelphia County with nearby schools including William H. Hunter School, Kensington Health Sciences Academy, and Kensington High School.

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