$225,000
SOLD SEP 6, 2024
0.02 Acre
$11,250,000 Price per Acre
960 Sq Ft Lot

Recently Sold

$70 Per Sq Ft

18% Below List Price

164 Days on Market

About This Lot

As of September 2024

Rare opportunity to acquire a 3 parcel package in Fishtown for new development with unique 4 story set up with unencumbered views of center city. Currently framed out this parcel has approved plans ready to start construction. ARV's for a finished product are 675-685k. 2510 is framed out with no MEP's. Entire package can be purchased for 550k. Build an extravagant 4 story, 4 Bed, 3 bath row of new homes. A refined living room sets the tone for the chic, upscale living that awaits within. Entering into the home you pass the 1st floor suite into the most dramatic 24' tall living room you've ever seen! Accented by soaring windows against the back wall and floor to ceiling fireplace. East facing home that spans 48" high offering the ideal view of the skyline. This magnificent 4-story home is the epitome of contemporary urban living. With its sophisticated design and top-of-the-line features, it's not just a home; it's a statement.

Last Agent to Sell the Property

Richard Cassell

KW Empower License #2322460 Listed on: 02/14/2024

KW Empower

Last Buyer's Agent

Richard Cassell

KW Empower License #2322460 Listed on: 02/14/2024

KW Empower

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $844

Lot Details

  • 960 Sq Ft Lot
  • Lot Dimensions are 15.00 x 64.00
  • 2506 & 2508 Sepviva Street.
  • Property is zoned RSA5

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1011
  • Assessor Parcel Number 311223201

Property Details

Property Type

Land

Est. Annual Taxes

$844

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Automatically Close On Close Date: No
  • Remarks Public: Rare opportunity to acquire a 3 parcel package in Fishtown for new development with unique 4 story set up with unencumbered views of center city. Currently framed out this parcel has approved plans ready to start construction. ARV's for a finished product are 675-685k. 2510 is framed out with no MEP's. Entire package can be purchased for 550k. Build an extravagant 4 story, 4 Bed, 3 bath row of new homes. A refined living room sets the tone for the chic, upscale living that awaits within. Entering into the home you pass the 1st floor suite into the most dramatic 24' tall living room you've ever seen! Accented by soaring windows against the back wall and floor to ceiling fireplace. East facing home that spans 48" high offering the ideal view of the skyline. This magnificent 4-story home is the epitome of contemporary urban living. With its sophisticated design and top-of-the-line features, it's not just a home; it's a statement.
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 234.38
  • Street Number Modifier: 2510

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: Yes
  • Additional Parcels Description: 2506 & 2508 Sepviva Street.
  • Land Use Code: V10
  • Lot Size Acres: 0.02
  • Lot Dimensions: 15.00 x 64.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 960.00
  • Year Assessed: 2023
  • Zoning: RSA5
  • Farmland Preservation: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 463.00
  • Tax Annual Amount: 844.00
  • Assessor Parcel Number: 311223201
  • Tax Lot: 1011
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 09/06/2024

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2024
Closed on
Sep 6, 2024
Sold by
2515 Sepviva St Llc
Bought by
Professional Estate Solutions Ea Llc
Seller's Agent
Richard Cassell
KW Empower
Buyer's Agent
Richard Cassell
KW Empower
List Price
$275,000
Sold Price
$225,000
Premium/Discount to List
-$50,000
-18.18%
Views
356
Current Estimated Value
$244,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,448

Purchase Details

Closed on
Oct 13, 2021
Sold by
Stahl William
Bought by
2515 Sepviva St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,412,023
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 19, 1986
Bought by
Stahl William
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 Type Sale Price Title Company
Deed $475,000 Spire Abstract
Deed $640,000 None Listed On Document
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,412,023 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2024 09/06/24 Sold $225,000 0.0% $70 / Sq Ft
07/02/2024 07/02/24 Price Changed $225,000 -10.0% $70 / Sq Ft
02/26/2024 02/26/24 Price Changed $250,000 -9.1% $78 / Sq Ft
02/14/2024 02/14/24 For Sale $275,000 -- $86 / 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 $844 $60,300 $12,060 $48,240
2024 $844 $60,300 $12,060 $48,240
2023 $844 $60,300 $12,060 $48,240
2022 $844 $60,300 $12,060 $48,240
2021 $844 $0 $0 $0
2020 $844 $0 $0 $0
2019 $844 $0 $0 $0
2018 $844 $0 $0 $0
2017 $844 $0 $0 $0
2016 $844 $0 $0 $0
2015 $808 $0 $0 $0
2014 -- $60,300 $12,060 $48,240
2012 -- $6,080 $1,216 $4,864
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2321876

Bright MLS

APN: 311223201