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11997 Lockart Road

11997 Lockart Road, Philadelphia, PA 19116
Property in Somerton
Sold Oct 09, 2018
$328,000
$195,000 by Parke Bank
Mortgage Due Jul 01, 2048
Sold Dec 17, 1992
$134,000
Buyer
Local assessors in Philadelphia, PA have categorized 11997 Lockart Road as a residential type of property. The home was built in 1960 and is 64 years old. The property's lot size has been calculated to be 6,260 square feet. The linear feet between the front and back of the lot was measured at 1,060 ft and the front of the lot was measured at 560 ft. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 11997 Lockart Road has a total of 2,171 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. Additional features on the property are as follows. There is a garage underground or in the basement for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 frame control joints. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 11997 Lockart Road was last sold in Jun 29, 2018 for $328,000. According to our calculations, that's $151.08 per sqft. Prior to that sales transaction, the property was sold for $134,000 in Nov 30, 1992. Current property owners are expected to pay $4,113 in taxes per year. The property on 11997 Lockart Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $373,800. To break that down further, the land itself was valued at $74,760. While improvements to the property were assessed at a total of $299,040. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,260
  • Lot Size Depth Feet: 1,060
  • Lot Size Frontage Feet: 560
  • Total Building Area: 2,171
  • Gross Building Area: 2,171
  • Building Area: 2,171
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,171
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.144
  • Standard Land Use Code: Single family residential
  • State Land Use Code: Single family residential
  • Legal Description 1: 264 HENDRIX ST

Ownership

  • Current Owner : LIN YU LAN
  • Current Owner 2: ZHENG MING WEI
  • Previous Owner : WAXMAN LYNN
  • Is Owner Occupied: Owner-occupied property
  • 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: RSD3

Geography

  • Assessors Map Reference: 153N230203
  • Account Number: 414700
  • District: WARD #58
  • Parcel: 58-2414700
  • Block: 153N2
  • Lot: 3
  • Municipality: PHILADELPHIA
  • Latitude: 40.1247
  • Longitude: -75.027

    Address

  • Full Address: 11997 Lockart Rd
  • Address - House Number: 11997
  • Address - Street Name: Lockart
  • Address - Suffix Type: Rd
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C022
  • 4-Digit Zip Code: 2330
  • Zip Code: 19116

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,113
  • Tax Rate Code Area: 58

    Appraisal Valuation

  • Standard Deviation: 0.2688
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 61
  • Final Value: 466,718
  • High Value: 592,211
  • Low Value: 341,225

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $195,000
  • First Open Lien Mortgage Lender: PARKE BANK
  • First Open Lien Mortgage Recording Date: Oct 09, 2018
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $195,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2048

    Market Valuation

  • Market Total Value: $373,800
  • Market Land Value: $74,760
  • Market Improvement Value: $299,040

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $373,800
  • Assessed Land Value: $74,760
  • Assessed Improvements Value: $299,040

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 29, 2018
  • Current Sale Recording Date: Oct 09, 2018
  • Current Sale Transaction ID: 11520486469
  • Current Sale Price: $328,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53427093
  • Previous Sale Recording Date: Dec 17, 1992
  • Previous Sale Contract Date: Nov 30, 1992
  • Previous Sale Amount: $134,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARKE BANK
  • First Mortgage Transaction Date: Oct 09, 2018
  • First Mortgage Loan Amount: $195,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jul 01, 2048

    Financing

  • First Mortgage Financing Type: Variable

About Northeast Philadelphia



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Frequently Asked Questions

What neighborhood is 11997 Lockart Road located in?
The 11997 Lockart Road is a located in the neighborhood of Somerton in Northeast Philadelphia, Philadelphia.
What is the average sales price for listings in 11997 Lockart Road?
The average sales price for units in 11997 Lockart Road is $0 currently.

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