Check Availability

1013 Norvelt Drive

1013 Norvelt Drive, Philadelphia, PA 19115
Property in Bustleton
Sold Nov 12, 2020
$412,000
$329,600 by United Wholesale Mortgage
Mortgage Due Dec 01, 2050
Sold Feb 11, 2015
$265,000
1013 Norvelt Drive has been categorized by the local assessors in Philadelphia, PA as a residential type of property. The building on the property was first built in 1965 and is 59 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1013 Norvelt Drive has 1,754 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,280 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 7,680 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. The exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. The property was last sold in Oct 27, 2020 for $412,000. That's $234.89 per sqft. Prior to that sales transaction, the property was also sold in Feb 4, 2015 for $265,000. 1013 Norvelt Drive was last assessed in 2023. The total value of the property was assessed at $345,900. Specifically, the land the property is located on was valued at $69,180. While improvements on the property were assessed at a total of $276,720. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $3,722. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: Split level
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,680
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,754
  • Gross Building Area: 1,754
  • Building Area: 1,754
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,754
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUN VALLEY
  • Land Acres: 0.176
  • Standard Land Use Code: Single family residential
  • State Land Use Code: Single family residential
  • Legal Description 1: 1488 3/4 SW OF

Ownership

  • Current Owner : LEE WAI SHAN
  • Current Owner 2: LI BO YUAN
  • Previous Owner : LI RONG HUI
  • Previous Owner 2: YANG MICHELLE FENG
  • Owner Before Previous Owner: SOSAMMA PHILIP KURIEN
  • Owner Before Previous Owner 2: SOSAMMA PHILIP
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 034400

Zoning

  • Zoning: RSD3

Geography

  • Assessors Map Reference: 157N210132
  • Account Number: 068900
  • District: WARD #63
  • Parcel: 63-2068900
  • Block: 157N2
  • Lot: 132
  • Municipality: PHILADELPHIA
  • Latitude: 40.0869
  • Longitude: -75.0558

    Address

  • Full Address: 1013 Norvelt Dr
  • Address - House Number: 1013
  • Address - Street Name: Norvelt
  • Address - Suffix Type: Dr
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C046
  • 4-Digit Zip Code: 4824
  • Zip Code: 19115

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,722
  • Tax Rate Code Area: 63

    Appraisal Valuation

  • Standard Deviation: 0.2675
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 61
  • Final Value: 448,269
  • High Value: 568,219
  • Low Value: 328,319

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $329,600
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 12, 2020
  • First Open Lien Mortgage Loan Amount: $329,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Market Valuation

  • Market Total Value: $345,900
  • Market Land Value: $69,180
  • Market Improvement Value: $276,720

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $345,900
  • Assessed Land Value: $69,180
  • Assessed Improvements Value: $276,720

    Sales

  • Current Sale Contract Date: Oct 27, 2020
  • Current Sale Recording Date: Nov 12, 2020
  • Current Sale Transaction ID: 11801838516
  • Current Sale Price: $412,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 53747788
  • Previous Sale Recording Date: Feb 11, 2015
  • Previous Sale Contract Date: Feb 04, 2015
  • Previous Sale Amount: $265,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Nov 12, 2020
  • First Mortgage Loan Amount: $329,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

About Northeast Philadelphia



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 1145 Surrey Road, PHILADELPHIA, PA, 19115

$1,350 /mo

  • 2 Beds
  • 1 Bath
  • 2,500 ft²
1145 Surrey Road #1FL, PHILADELPHIA, PA, 19115 Listing by Edward McDonald
Unit for rent at 9720 Bustleton Ave, PHILADELPHIA, PA, 19115

$1,350 /mo

  • 2 Beds
  • 1 Bath
  • 657 ft²
9720 Bustleton Ave #25, PHILADELPHIA, PA, 19115 Listing by RH Advisors Bright
Unit for rent at 10025-a Ferndale St, PHILADELPHIA, PA, 19116

$1,500 /mo

  • 2 Beds
  • 1 Bath
  • 1,846 ft²
10025-a Ferndale St, PHILADELPHIA, PA, 19116 Listing by RH Advisors Bright

Frequently Asked Questions

What neighborhood is 1013 Norvelt Drive located in?
The 1013 Norvelt Drive is a located in the neighborhood of Bustleton in Northeast Philadelphia, Philadelphia.
What is the average sales price for listings in 1013 Norvelt Drive?
The average sales price for units in 1013 Norvelt Drive is $0 currently.

Quantcast