116 North Lambert Street

116 North Lambert Street 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 1850 and is 174 years old. The building has a total of 3 stories. In addition, 116 North Lambert Street has 1,872 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 600 ft and across the front of the lot is 160 ft. The area measurement of the land has been determined as 960 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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. 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, 116 North Lambert Street sold most recently in Oct 28, 2005 for a total of $799,000. If you work out the math, that's approximately a cost of $426.82 per sqft. Before that, the property was also sold for $411,000 in Oct 27, 2004. 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 $10,815 in taxes each year. 116 North Lambert Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $772,600. If we break it down further, the land itself was valued at $154,520. Improvements to the property, however, were assessed at a total of $618,080. 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.