NOT LISTED FOR SALE

801 N 2nd St Philadelphia, PA 19123

Northern Liberties Neighborhood
0.11 Acre
-- Price per Acre
4,620 Sq Ft Lot

Last Sold July 30, 2013

Last sale price $740,000

Highlights

  • 0.11 Acre Lot
  • 4-minute walk to Spring Garden (Mfl)
  • 3-minute walk to Madison War Memorial Park
  • No HOA
  • En-Suite Primary Bedroom

About This Lot

As of July 2013

Amazing opportunity to purchase a rarely offered, high profile, Northern Liberties corner lot at 2nd and Brown with zoning approvals and permit to build a 6 story, 10 unit residential apartment/condo building with Ground floor commercial space, huge roof deck and a curb cut on Brown St. For 8-9 car parking in the rear. This lot is on the main strip of Northern Liberties and is surrounded by new construction homes and vibrant businesses. Approved for 10 units all 2 bedroom and 2 full bath. Residential, floors 2-6. Ground floor commercial space with 8-9 parking in back off Brown st. Also a large roof deck. Per architect its an over the counter change to reduce the building from 6 floors to 4 floors. Not a rezoning. Not a new permit. It's an administrative change... it could easily be 4 floors wood, and any combo 8 units total, wood construction not steel!!!! Proposed 2014 Tax Assessment Value: $184,800

Last Agent to Sell the Property

Michael McCann

KW Empower License #AB049770L Listed on: 02/11/2013

KW Empower

Co-Listed By

Jim Onesti

KW Empower

Last Buyer's Agent

LEO KOREIN

Independent Custom Realty LLP License #TREND:60030351

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,785

Lot Details

  • 4,620 Sq Ft Lot
  • Property is zoned G2

Additional Features

  • En-Suite Primary Bedroom
  • Approved Septic System

Community Details

  • No Home Owners Association
  • Northern Liberties Subdivision

Listing and Financial Details

  • Tax Lot 41
  • Assessor Parcel Number 884449200

Property Details

Property Type

Land

Est. Annual Taxes

$6,785

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Room List: Primary Bedroom
  • Price Per Sq Ft: 183.98
  • Street Number Modifier: 801-5

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: Approved System, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 60X78, LotWidth:60 X LotDepth:78
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4620.00
  • Zoning: G2

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6785.00
  • Assessor Parcel Number: 884449200
  • Tax Lot: 41
  • Tax Year: 2013
  • Close Date: 07/30/2013

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2013
Closed on
Jul 23, 2013
Sold by
Ricchetti Chris
Bought by
East Firth Street Lp
Seller's Agent
Michael McCann
KW Empower
Buyer's Agent
LEO KOREIN
Independent Custom Realty LLP
List Price
$850,000
Sold Price
$740,000
Premium/Discount to List
-$110,000
-12.94%

Purchase Details

Closed on
Dec 17, 2010
Sold by
Abington Bank
Bought by
Ricchetti Chris

Purchase Details

Closed on
Aug 31, 2009
Sold by
712 North 2Nd Street Llc
Bought by
Abington Bank

Purchase Details

Closed on
Nov 24, 2002
Sold by
Northern Liberty Food Processors Inc
Bought by
712 North 2Nd Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$646,600
Interest Rate
6.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 19, 2001
Sold by
Shipon Yetta and Shipon Shirley M
Bought by
Northern Liberty Food Processors Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.1%
Mortgage Type
Commercial
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
East Firth Street Lp $740,000 None Available
Ricchetti Chris $430,000 None Available
Abington Bank $61,500 None Available
712 North 2Nd Street Llc $420,000 --
Northern Liberty Food Processors Inc $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ricchetti Chris $160,000
Previous Owner 712 North 2Nd Street Llc $646,600
Previous Owner Northern Liberty Food Processors Inc $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2013 07/30/13 Sold $740,000 -12.9% --
05/01/2013 05/01/13 Pending -- -- --
02/11/2013 02/11/13 For Sale $850,000 -- --
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 $8,927 $3,188,600 $637,720 $2,550,880
2024 $8,927 $3,188,600 $637,720 $2,550,880
2023 $8,927 $3,188,600 $637,715 $2,550,885
2022 $8,169 $637,715 $637,715 $0
2021 $8,169 $0 $0 $0
2020 $8,169 $0 $0 $0
2019 $8,108 $0 $0 $0
2018 $8,116 $0 $0 $0
2017 $10,359 $0 $0 $0
2016 $2,587 $0 $0 $0
2015 $2,476 $0 $0 $0
2014 -- $184,800 $184,800 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael McCann

    Seller's Agent in 2013

    Michael McCann

    KW Empower

    (215) 778-0901

    77 in this area

    1,738 Total Sales

    Michael McCann
    Section Image
  • Jim Onesti

    Seller Co-Listing Agent in 2013

    Jim Onesti

    KW Empower

    (215) 709-4242

    81 in this area

    516 Total Sales

    Jim Onesti
    Section Image

  • L

    Buyer's Agent in 2013

    LEO KOREIN

    Independent Custom Realty LLP

See All Agents

Map

Source: Bright MLS

MLS Number: 1003329588

Bright MLS

APN: 882900100

Pennsylvania Philadelphia County Philadelphia 19123 Northern Liberties

801 N 2nd St, Philadelphia, PA

This home is located at 801 N 2nd St, Philadelphia, PA 19123 since 11 February 2013. 801 N 2nd St is a home located in Philadelphia County with nearby schools including General Philip Kearny, Benjamin Franklin High School, and Young Scholars Charter School.

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