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109 Rennard Terrace

109 Rennard Terrace, Philadelphia, PA 19116
Property in Somerton
Sold Oct 04, 2021
$350,000
$280,000 by Guaranteed Rate Inc
Mortgage Due Jul 01, 2051
Sold Aug 12, 1996
$35,500
109 Rennard Terrace 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 1969 and is 55 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 109 Rennard Terrace has 1,984 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 770 ft and across the front of the lot is 700 ft. The area measurement of the land has been determined as 6,322 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex 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. For the features and amenities located on the property. There is a garage underground or in the basement for those who require parking. According to our sources, there is one available parking space. 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. The property was last sold in Jun 30, 2021 for $350,000. That's $176.41 per sqft. Prior to that sales transaction, the property was also sold in Nov 9, 1995 for $35,500. 109 Rennard Terrace was last assessed in 2023. The total value of the property was assessed at $320,000. Specifically, the land the property is located on was valued at $64,000. While improvements on the property were assessed at a total of $256,000. 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 $3,360. The initial tax year of delinquency was in 2021. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: Duplex
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,322
  • Lot Size Depth Feet: 770
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,984
  • Gross Building Area: 1,984
  • Building Area: 1,984
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,984
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GEORGETOWN
  • Land Acres: 0.145
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Parcels with improvements, use not specified
  • State Land Use Code: Single family residential
  • Legal Description 1: 1222 SE RENNARD ST

Ownership

  • Current Owner : LIN STEPHANIE
  • Previous Owner : KREVITZ ARTHUR G
  • Previous Owner 2: ESTATE OF MARC STUCATUR
  • Owner Before Previous Owner: MELLON BANK NA
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 035800

Zoning

  • Zoning: RSA2

Geography

  • Assessors Map Reference: 159N060057
  • Account Number: 285200
  • District: WARD #58
  • Parcel: 58-2285200
  • Block: 159N6
  • Lot: 57
  • Municipality: PHILADELPHIA
  • Latitude: 40.1213
  • Longitude: -75.0323

    Address

  • Full Address: 109 Rennard Ter
  • Address - House Number: 109
  • Address - Street Name: Rennard
  • Address - Suffix Type: Ter
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C003
  • 4-Digit Zip Code: 2605
  • Zip Code: 19116

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,360
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 58

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 610,166
  • High Value: 880,048
  • Low Value: 340,283

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $280,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Oct 04, 2021
  • First Open Lien Mortgage Loan Amount: $280,000
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $320,000
  • Market Land Value: $64,000
  • Market Improvement Value: $256,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $320,000
  • Assessed Land Value: $64,000
  • Assessed Improvements Value: $256,000

    Sales

  • Current Sale Contract Date: Jun 30, 2021
  • Current Sale Recording Date: Oct 04, 2021
  • Current Sale Transaction ID: 11859469615
  • Current Sale Price: $350,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53886021
  • Previous Sale Recording Date: Aug 12, 1996
  • Previous Sale Contract Date: Nov 09, 1995
  • Previous Sale Amount: $35,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Oct 04, 2021
  • First Mortgage Loan Amount: $280,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

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Frequently Asked Questions

What neighborhood is 109 Rennard Terrace located in?
The 109 Rennard Terrace is a located in the neighborhood of Somerton in Northeast Philadelphia, Philadelphia.
What is the average sales price for listings in 109 Rennard Terrace?
The average sales price for units in 109 Rennard Terrace is $0 currently.

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