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1116 Montrose Street

1116 Montrose Street, Philadelphia, PA 19147
Sold Mar 06, 2017
$325,000
$292,500 by Prosperity Home Mortgage Llc
Mortgage Due Mar 01, 2047
Sold Mar 30, 2000
$20,000
1116 Montrose Street in Philadelphia, PA was first built in 1915 and is 109 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. There are a total of 3 floors. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1116 Montrose Street has 964 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 160 ft and the linear feet between the front and back of the lot is 500. In total, the area measurement of the land is 800 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1116 Montrose Street sold most recently in Feb 24, 2017 for a total of $325,000. If you work out the math, that's approximately a cost of $337.14 per sqft. Before that, the property was also sold for $20,000 in Mar 24, 2000. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,334 in taxes each year. 1116 Montrose Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $318,200. If we break it down further, the land itself was valued at $63,640. Improvements to the property, however, were assessed at a total of $254,560. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: Townhouse
  • Exterior Walls Type: Stucco
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 800
  • Lot Size Depth Feet: 500
  • Lot Size Frontage Feet: 160
  • Total Building Area: 964
  • Gross Building Area: 964
  • Building Area: 964
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 964
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.018
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Easement (misc.)
  • State Land Use Code: Single family residential
  • Legal Description 1: 80 W OF JESSUP ST

Ownership

  • Current Owner : HERRICK MORISA S
  • Previous Owner : HOPKINS ROBERT D
  • Previous Owner 2: HOPKINS PAMELA LANG
  • Owner Before Previous Owner: LEE EDWARD B
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 002400

Zoning

  • Zoning: RSA5

Geography

  • Assessors Map Reference: 006S220077
  • Account Number: 050510
  • District: WARD #02
  • Parcel: 02-1050510
  • Block: 6S22
  • Lot: 77
  • Municipality: PHILADELPHIA
  • Latitude: 39.939
  • Longitude: -75.1619

    Address

  • Full Address: 1116 Montrose St
  • Address - House Number: 1116
  • Address - Street Name: Montrose
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C011
  • 4-Digit Zip Code: 3729
  • Zip Code: 19147

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,334
  • Tax Rate Code Area: 2

    Appraisal Valuation

  • Standard Deviation: 0.2736
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 60
  • Final Value: 387,357
  • High Value: 493,362
  • Low Value: 281,351

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $292,500
  • First Open Lien Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Mar 06, 2017
  • First Open Lien Mortgage Loan Amount: $292,500
  • 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: Mar 01, 2047

    Market Valuation

  • Market Total Value: $318,200
  • Market Land Value: $63,640
  • Market Improvement Value: $254,560

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $318,200
  • Assessed Land Value: $63,640
  • Assessed Improvements Value: $254,560

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 24, 2017
  • Current Sale Recording Date: Mar 06, 2017
  • Current Sale Transaction ID: 1994756286
  • Current Sale Price: $325,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53182652
  • Previous Sale Recording Date: Mar 30, 2000
  • Previous Sale Contract Date: Mar 24, 2000
  • Previous Sale Amount: $20,000
  • Previous Sale Document Type: Other

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Mar 06, 2017
  • First Mortgage Loan Amount: $292,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2047

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Frequently Asked Questions

What neighborhood is 1116 Montrose Street located in?
The 1116 Montrose Street is a located in the neighborhood of Bella Vista - Southwark in South Philadelphia, Philadelphia.
What is the average sales price for listings in 1116 Montrose Street?
The average sales price for units in 1116 Montrose Street is $0 currently.

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