1011 South 7th Street

Local assessors in Philadelphia, PA have categorized 1011 South 7th Street as a residential type of property. The home was built in 1915 and is 109 years old. The property's lot size has been calculated to be 843 square feet. The linear feet between the front and back of the lot was measured at 580 ft and the front of the lot was measured at 150 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a high-rise style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1011 South 7th Street has a total of 2,095 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. Moving onto specific details regarding the building. Our sources show that the building condition is fair. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1011 South 7th Street was last sold in Apr 10, 2020 for $789,900. According to our calculations, that's $377.04 per sqft. Prior to that sales transaction, the property was sold for $628,800 in May 11, 2016. Current property owners are expected to pay $3,527 in taxes per year. The property on 1011 South 7th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $684,700. To break that down further, the land itself was valued at $136,940. While improvements to the property were assessed at a total of $547,760. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.