NOT LISTED FOR SALE

Estimated Value: $210,789

0.04 Acre
$5,269,725 Price per Acre
1,948 Sq Ft Lot

Last Sold March 08, 2022

Last sale price $190,000

Est. 11% increase in value since last sale

Current estimated payment $1,197/month

About This Lot

As of March 2022

As land inventory steadily decreases in today's booming builders market, take advantage of this nearly 2,000 sqft street to street lot in the bustling submarket of Norris Square located in the Kensington neighborhood of Philadelphia.

This lot at 16' wide and 121' deep, provides street frontage on both N 2nd and N Philip St, allowing a builder to take advantage of the access and exposure this lot provides.

With split zoning RSA5 and RM1, choose two options: subdivide the rear RSA5 portion to develop a 2,000+ sqft home, and a triplex on the RM1 zoned portion, or go for a variance for 6 units which was approved for 2206 N 2nd St.

See photos for nearby projects.

Last Agent to Sell the Property

Danny Phagoo

Quality Real Estate-Broad St License #RS321466 Listed on: 01/05/2022

Last Buyer's Agent

Snyezhana Pevzner

Market Force Realty

Market Force Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $753

Lot Details

  • 1,948 Sq Ft Lot
  • Lot Dimensions are 16.00 x 121.75
  • Property is zoned CMX2

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 885215040

Property Details

Property Type

Land

Est. Annual Taxes

$753

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 100.10
  • Street Number Modifier: 2404

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: SC
  • Lot Size Acres: 0.04
  • Lot Dimensions: 16.00 x 121.75
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1948.00
  • Year Assessed: 2021
  • Zoning: CMX2
  • Farmland Preservation: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 413.00
  • Tax Annual Amount: 753.00
  • Assessor Parcel Number: 885215040
  • Tax Lot: 27
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 03/08/2022

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2022
Closed on
Feb 25, 2022
Sold by
Lee Murphy Michael
Bought by
Goodwill Investments Llc
Seller's Agent
Danny Phagoo
Quality Real Estate-Broad St
Buyer's Agent
Snyezhana Pevzner
Market Force Realty
List Price
$225,000
Sold Price
$190,000
Premium/Discount to List
-$35,000
-15.56%
Current Estimated Value
$210,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,789
Avg. Annual Appreciation
1.57%

Purchase Details

Closed on
Jul 16, 2021
Sold by
Berger Davida and Estate Of Shirley Gold
Bought by
Murphy Michael Lee

Purchase Details

Listed on
May 19, 2020
Closed on
Jul 10, 2020
Sold by
Marrero Hector
Bought by
Murphy Michael Lee
Seller's Agent
Randi Green
Coldwell Banker Realty
Buyer's Agent
Heather Gunkel
Keller Williams Real Estate-Langhorne
List Price
$100,000
Sold Price
$90,000
Premium/Discount to List
-$10,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.96%

Purchase Details

Closed on
Dec 5, 2017
Sold by
Gold Nathan and Gold Shirley
Bought by
Marrero Hector

Purchase Details

Closed on
Nov 8, 1954
Bought by
Gold Nathan and Gold Shirley
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
Goodwill Investments Llc $190,000 None Listed On Document
Murphy Michael Lee $100,000 First American Title Ins Co
Murphy Michael Lee $100,000 Haverford Abstract Llc
Marrero Hector $22,000 None Available
Gold Nathan -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2022 03/08/22 Sold $190,000 -2.6% --
02/08/2022 02/08/22 Price Changed $195,000 -9.3% --
02/04/2022 02/04/22 Pending -- -- --
01/24/2022 01/24/22 Price Changed $215,000 -2.3% --
01/14/2022 01/14/22 Price Changed $220,000 -2.2% --
01/11/2022 01/11/22 Price Changed $224,900 0.0% --
01/05/2022 01/05/22 For Sale $225,000 +150.0% --
07/30/2020 07/30/20 Sold $90,000 0.0% --
06/29/2020 06/29/20 Off Market $90,000 -- --
06/18/2020 06/18/20 Price Changed $100,000 0.0% --
06/18/2020 06/18/20 For Sale $100,000 +11.1% --
05/24/2020 05/24/20 Off Market $90,000 -- --
05/19/2020 05/19/20 For Sale $125,000 -- --
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
2025 $678 $48,400 $48,400 --
2024 $678 $48,400 $48,400 --
2023 $678 $48,400 $48,400 $0
2022 $753 $48,400 $48,400 $0
2021 $753 $0 $0 $0
2020 $753 $0 $0 $0
2019 $753 $0 $0 $0
2018 $757 $0 $0 $0
2017 $101 $0 $0 $0
2016 $101 $0 $0 $0
2015 $96 $0 $0 $0
2014 -- $7,200 $7,200 $0
2012 -- $640 $640 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2057354

Bright MLS

APN: 885215040