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1120 Spring Garden Street

1120 Spring Garden Street, Philadelphia, PA 19123
Local assessors in Philadelphia, PA have categorized 1120 Spring Garden Street as a commercial type of property. The home was built in 1920 and is 104 years old. The property's lot size has been calculated to be 1,268 square feet. The linear feet between the front and back of the lot was measured at 650 ft and the front of the lot was measured at 180 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 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 1120 Spring Garden Street has a total of 2,600 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. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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. 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, 1120 Spring Garden Street sold most recently in May 22, 2018 for a total of $216,666. If you work out the math, that's approximately a cost of $83.33 per sqft. Before that, the property was also sold for $400,000 in May 21, 2010. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $9,090 in taxes each year. 1120 Spring Garden Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $649,400. If we break it down further, the land itself was valued at $129,880. Improvements to the property, however, were assessed at a total of $519,520. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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.

Building Features

Exterior

Masonry Exterior
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: Custom
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,268
  • Lot Size Depth Feet: 650
  • Lot Size Frontage Feet: 180
  • Total Building Area: 2,600
  • Gross Building Area: 2,600
  • Building Area: 2,600
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,600
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 0.029
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: 48 E RIDGE AVE

Ownership

  • Current Owner : JIANG XUE ZHEN
  • Previous Owner : CHUEN WAN WAH
  • Owner Before Previous Owner: CHEN DUN LIANG

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 037600

Zoning

  • Zoning: CMX2.5

Geography

  • Assessors Map Reference: 003N180278
  • Account Number: 509670
  • District: WARD #05
  • Parcel: 87-1509670
  • Lot: 1
  • Latitude: 39.9615
  • Longitude: -75.1571

    Address

  • Full Address: 1120 Spring Garden St
  • Address - House Number: 1120
  • Address - Street Name: Spring Garden
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C007
  • 4-Digit Zip Code: 3316
  • Zip Code: 19123

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,090
  • Tax Rate Code Area: 5

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $386,000
  • First Open Lien Mortgage Lender: ASIAN BANK
  • First Open Lien Mortgage Recording Date: May 24, 2018
  • First Open Lien Mortgage Loan Amount: $386,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $649,400
  • Market Land Value: $129,880
  • Market Improvement Value: $519,520

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $649,400
  • Assessed Land Value: $129,880
  • Assessed Improvements Value: $519,520

    Sales

  • Current Sale Contract Date: May 22, 2018
  • Current Sale Recording Date: May 24, 2018
  • Current Sale Transaction ID: 11467494305
  • Current Sale Price: $216,666
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53368919
  • Previous Sale Recording Date: May 24, 2010
  • Previous Sale Contract Date: May 21, 2010
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: PARKEBANK
  • Previous Mortgage Transaction Date: May 24, 2010
  • Previous Mortgage Loan Amount: $260,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About North Philadelphia



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Frequently Asked Questions

What neighborhood is 1120 Spring Garden Street located in?
The 1120 Spring Garden Street is a commercial located in the neighborhood of North Philadelphia East in North Philadelphia, Philadelphia.
What is the average sales price for listings in 1120 Spring Garden Street?
The average sales price for units in 1120 Spring Garden Street is $0 currently.

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