NOT LISTED FOR SALE

7042 Reedland St Philadelphia, PA 19142

Penrose Neighborhood

Estimated Value: $106,000 - $152,641

3 Beds
1 Bath
1,024 Sq Ft
$136/Sq Ft Est. Value

About This Home

This home is located at 7042 Reedland St, Philadelphia, PA 19142 and is currently estimated at $139,410, approximately $136 per square foot. 7042 Reedland St is a home located in Philadelphia County with nearby schools including John M. Patterson Elementary School, John Bartram High School, and Philadelphia Montessori Charter School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2020
Sold by
Obinwankwo Richard
Bought by
Obinwankwo Kelechi A Ike
Current Estimated Value
$139,410

Purchase Details

Closed on
Apr 24, 2006
Sold by
Hud
Bought by
Obinwankwo Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,450
Outstanding Balance
$27,309
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$114,705

Purchase Details

Closed on
Jun 3, 2005
Sold by
Mortgage Electronic Registration Systems
Bought by
Hud

Purchase Details

Closed on
Feb 6, 2005
Sold by
Drew Tasha D and Drew Tasha
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Mar 30, 2001
Sold by
Scaffidi Ann Marie and Drew Tasha D
Bought by
Drew Tasha D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,586
Interest Rate
6.88%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 30, 1998
Sold by
Gervasi Frances
Bought by
Scaffidi Ann Marie
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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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
Obinwankwo Kelechi A Ike -- None Available
Obinwankwo Richard $50,500 First American Title Ins Co
Hud -- --
Mortgage Electronic Registration Systems $20,000 --
Drew Tasha D $37,500 --
Scaffidi Ann Marie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obinwankwo Richard $45,450
Previous Owner Drew Tasha D $37,586
Source: Public Records

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 $1,418 $123,000 $24,600 $98,400
2024 $1,418 $123,000 $24,600 $98,400
2023 $1,418 $101,300 $20,200 $81,100
2022 $1,113 $101,300 $20,200 $81,100
2021 $1,113 $0 $0 $0
2020 $1,113 $0 $0 $0
2019 $1,027 $0 $0 $0
2018 $987 $0 $0 $0
2017 $987 $0 $0 $0
2016 $987 $0 $0 $0
2015 $1,012 $0 $0 $0
2014 -- $75,500 $6,568 $68,932
2012 -- $11,072 $860 $10,212
Source: Public Records

Map

Pennsylvania Philadelphia County Philadelphia 19142 Penrose

7042 Reedland St, Philadelphia, PA

This home is located at 7042 Reedland St, Philadelphia, PA 19142 and is currently estimated at $139,410, approximately $136 per square foot. 7042 Reedland St is a home located in Philadelphia County with nearby schools including John M. Patterson Elementary School, John Bartram High School, and Philadelphia Montessori Charter School.

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