Check Availability
$240,000
Land - For Sale

122 E CUMBERLAND ST

PHILADELPHIA, PA 19125
bedrooms
Studio
bathrooms
0 Bath
$1,179
Estimated Monthly
$0
HOA / Fees

About This Property

Unlock the potential of 122 E Cumberland St, a prime 18x92 corner lot zoned RM1, nestled conveniently near Frankford Avenue. Surrounded by the vibrant energy of ongoing development, now is the time to seize the opportunity and capitalize on the neighborhood's growth. With ample square footage allowing for the construction of 4 units by right, this property presents an ideal investment opportunity for developers. Additionally, there is the added benefit of potential off-street parking. Take full advantage of the strategic location and proximity to Frankford Avenue, where thriving development is reshaping the landscape. The presence of brand new construction in all directions underscores the area's burgeoning appeal. Situated within a qualified federal opportunity zone (QOZ), this property offers advantageous incentives for savvy investors.
Unit Size
-
Days on Market
36 days
Land Size
0.04 acres
Price per sqft
-
Property Type
Land
Property Taxes
$107
HOA Dues
-
Year Built
-
Listed By
George Maynes
BHHS Fox & Roach-Art Museum
Last updated: 2 months ago (Bright MLS #PAPH2335280)

Price History

Date / Event Date Event Price
Mar 25, 2024 Listed by Berkshire Hathaway HomeServices Fox & Roach, Realtors $240,000
Listed by Berkshire Hathaway HomeServices Fox & Roach, Realtors
Unlock the potential of 122 E Cumberland St, a prime 18x92 corner lot zoned RM1, nestled conveniently near Frankford Avenue. Surrounded by the vibrant energy of ongoing development, now is the time to seize the opportunity and capitalize on the neighborhood's growth. With ample square footage allowing for the construction of 4 units by right, this property presents an ideal investment opportunity for developers. Additionally, there is the added benefit of potential off-street parking. Take…
Nov 14, 2023 Listed by Keller Williams Philly $260,000
Listed by Keller Williams Philly
Discover the potential of 122 E Cumberland St, a prime 18x92 corner lot zoned RM1, conveniently located near Frankford Avenue. With the bustling energy of development surrounding this property, seize the opportunity to capitalize on the neighborhood's growth. Boasting enough square footage to permit the construction of 4 units by right, this is an ideal investment for developers. Take advantage of the strategic location, the proximity to Frankford Avenue, and the thriving development in…
Jul 1, 2023 No longer available -
No longer available
Jun 17, 2023 Price Decreased $245,000
↓ $5K (2%)
Price Decreased
May 16, 2023 Price Decreased $250,000
↓ $10K (3.9%)
Price Decreased
Show More

Property Highlights

Exterior Details

Property Information

Ownership Interest: Fee Simple

Lot Information

Tidal Water: N
Lot Size Dimensions: 18.00 x 93.00
Lot Size Source: Assessor

Land Information

Land Assessed Value: $92,000
Financial Details
County Tax: $0
County Tax Payment Frequency: Annually
City Town Tax: $581
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $92,000
Tax Year: 2022
Tax Annual Amount: $1,287
Year Assessed: 2023

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,667
  • Lot Size Depth Feet: 930
  • Lot Size Frontage Feet: 180
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Land Acres: 0.038
  • Legal Description 1: SE COR LEE ST

Ownership

  • Current Owner : SITKEY HAMUTH ANNA M
  • Previous Owner : H P TOOL MFG CORP
  • Is Owner Occupied: unknown

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 016300

Zoning

  • Zoning: RM1

Geography

  • Assessors Map Reference: 031N090115
  • Account Number: 001000
  • District: WARD #31
  • Parcel: 31-4001000
  • Block: 31N9
  • Lot: 115
  • Municipality: PHILADELPHIA
  • Latitude: 39.9875
  • Longitude: -75.1308

    Address

  • Full Address: 122 E Cumberland St
  • Address - House Number: 122
  • Street Direction: E
  • Address - Street Name: Cumberland
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C012
  • 4-Digit Zip Code: 1005
  • Zip Code: 19125

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,288
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 31

    Market Valuation

  • Market Total Value: $92,000
  • Market Land Value: $92,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $92,000
  • Assessed Land Value: $92,000

    Sales

  • Current Sale Contract Date: Feb 17, 2017
  • Current Sale Recording Date: Mar 07, 2017
  • Current Sale Transaction ID: 1806264220
  • Current Sale Price: $39,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 53183459
  • Previous Sale Recording Date: Jun 10, 1965
  • Previous Sale Contract Date: Jun 10, 1965
  • Previous Sale Document Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Land
Loft
-
-
$225,000 Sep 12, 2016
$225,000 Nov 27, 2017
-
Land
Loft
-
-
$225,000 Sep 12, 2016
$225,000 Nov 27, 2017
-
Land
Loft
-
-
$225,000 Mar 22, 2017
$225,000 Aug 15, 2018
-
Land
Loft
-
-
$175,000 Oct 25, 2022
$175,000 Mar 20, 2023
-
Townhouse
3 Beds
2 Baths
1,200 ft²
$208/ft²
$250,000 Feb 16, 2023
$250,000 Mar 17, 2023
-
Townhouse
3 Beds
2 Baths
1,222 ft²
$196/ft²
$239,900 Apr 5, 2017
$239,900 May 5, 2017
-
Land
Loft
-
-
$260,000 Nov 14, 2023
-
-
Land
Loft
-
-
$219,000 Mar 5, 2024
-
-
Land
Loft
-
-
$197,500 Jan 2, 2024
-
-
Townhouse
2 Beds
2 Baths
1,170 ft²
$205/ft²
$239,900 Jan 8, 2024
-
-
Townhouse
2 Beds
1 Bath
952 ft²
$247/ft²
$235,000 Feb 29, 2024
-
-
Townhouse
5 Beds
2 Baths
1,863 ft²
$123/ft²
$230,000 Feb 2, 2024
-
-

About North Philadelphia


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Frequently Asked Questions

When was property at 122 East Cumberland Street built and last sold?
The property at 122 East Cumberland Street was built in and last sold on Feb 17, 2017 for $39,000.
How much is this home worth?
The estimated value of the home located at 122 East Cumberland Street is $242,400.
What are some comparable homes to 122 East Cumberland Street?
Homes that are comparable to 122 East Cumberland Street include a land property at 122 East Cumberland Street, 2352-54 North Front Street, 191 West Huntingdon Street.

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