NOT LISTED FOR SALE

7200 Sommers Rd Philadelphia, PA 19138

West Oak Lane Neighborhood

Estimated Value: $52,000 - $59,000

0.06 Acre
$925,000 Price per Acre
2,481 Sq Ft Lot

Last Sold May 02, 2024

Last sale price $16,000

Est. 247% increase in value since last sale

Current estimated payment $315/month

21 Days on Market

About This Lot

As of May 2024

This home is located at 7200 Sommers Rd, Philadelphia, PA 19138 since 05 March 2024 and is currently estimated at $55,500. 7200 Sommers Rd is a home located in Philadelphia County with nearby schools including Pennypacker Samuel School, Martin Luther King High School, and West Oak Lane Charter School.

Last Agent to Sell the Property

Jeffrey Staples

(215) 248-1094 jeffstaples6@gmail.com Winder Real Estate Inc Listed on: 03/05/2024

Last Buyer's Agent

Jeffrey Staples

(215) 248-1094 jeffstaples6@gmail.com Winder Real Estate Inc Listed on: 03/05/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $295

Lot Details

  • 2,481 Sq Ft Lot
  • Lot Dimensions are 5.00 x 98.00
  • Property is zoned RSA5

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3027
  • Assessor Parcel Number 501314400

Property Details

Property Type

Land

Est. Annual Taxes

$295

Lot Details

0

Listing Details

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

Interior Features

  • Price Per Sq Ft: 6.05

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 Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.06
  • Lot Dimensions: 5.00 x 98.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2481.00
  • Zoning: RSA5
  • Farmland Preservation: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 162.00
  • Tax Annual Amount: 295.00
  • Assessor Parcel Number: 501314400
  • Tax Lot: 3027
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2024
Closed on
Apr 29, 2024
Sold by
Morrison Charles Allen and Turner Pauline
Bought by
Trieu Family Partnership Llc
Seller's Agent
Jeffrey Staples
Winder Real Estate Inc
Buyer's Agent
Jeffrey Staples
Winder Real Estate Inc
List Price
$15,000
Sold Price
$16,000
Premium/Discount to List
$1,000
6.67%
Views
17
Current Estimated Value
$55,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,500
Avg. Annual Appreciation
130.43%

Purchase Details

Closed on
Sep 27, 1993
Bought by
Morrison Charles
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
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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
Trieu Family Partnership Llc $16,000 Elkins Park Abstract
Morrison Charles $600 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2024 05/02/24 Sold $16,000 +6.7% --
03/26/2024 03/26/24 Pending -- -- --
03/05/2024 03/05/24 For Sale $15,000 -- --
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
2026 $295 $73,400 $73,400 --
2025 $295 $73,400 $73,400 --
2024 $295 $73,400 $73,400 --
2023 $295 $21,100 $21,100 $0
2022 $295 $21,100 $21,100 $0
2021 $295 $0 $0 $0
2020 $295 $0 $0 $0
2019 $295 $0 $0 $0
2018 $295 $0 $0 $0
2017 $295 $0 $0 $0
2016 $262 $0 $0 $0
2015 $251 $0 $0 $0
2014 -- $18,700 $18,700 $0
2012 -- $1,344 $1,344 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jeffrey Staples

    Winder Real Estate Inc

    (215) 248-1094

    1 in this area

    18 Total Sales

    Jeffrey Staples
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Map

Source: Bright MLS

MLS Number: PAPH2328864

Bright MLS

APN: 501314400

Pennsylvania Philadelphia County Philadelphia 19138 West Oak Lane

7200 Sommers Rd, Philadelphia, PA

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