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1220 Kater Street

1220 Kater Street, Philadelphia, PA 19147
Sold Apr 03, 2023
$1,135,000
$999,990 by Northeast Equitable Mtg Llc
Mortgage Due Apr 01, 2053
Sold Feb 28, 2020
$1,120,000
$422,000 by Trident Mortgage Company Lp
Mortgage Due Mar 01, 2035
1220 Kater 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 2018 and is 6 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 3 stories. In addition, 1220 Kater Street has 2,507 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 150 ft. The area measurement of the land has been determined as 900 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a modern 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. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as unknown. 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 alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 1220 Kater Street sold most recently in Mar 15, 2023 for a total of $1,135,000. If you work out the math, that's approximately a cost of $452.73 per sqft. Before that, the property was also sold for $1,120,000 in Feb 18, 2020. 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 $3,056 in taxes each year. The initial year of tax delinquency occurred in 2019. 1220 Kater Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,091,500. If we break it down further, the land itself was valued at $218,300. Improvements to the property, however, were assessed at a total of $873,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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

Condition

New Construction

Exterior

Brick Exterior
Masonry Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Masonry
  • Building Style: Modern
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 3
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 900
  • Lot Size Depth Feet: 600
  • Lot Size Frontage Feet: 150
  • Total Building Area: 2,507
  • Gross Building Area: 2,507
  • Building Area: 2,507
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,507
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.021
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Royalty interest
  • State Land Use Code: Single family residential
  • Legal Description 1: 140 NW SIDE OF 12TH ST

Ownership

  • Current Owner : SOLARZ JORDAN MITCHELL
  • Current Owner 2: SOLAR NICOLE DUFFY
  • Previous Owner : WHITE MARK
  • Previous Owner 2: WHITE DIANE
  • Owner Before Previous Owner: 1200 BAINBRIDGE KATER DEV LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 001500

Zoning

  • Zoning: CMX2

Geography

  • Assessors Map Reference: 005S030214
  • Account Number: 182720
  • District: WARD #02
  • Parcel: 02-3182720
  • Latitude: 39.9427
  • Longitude: -75.1625

    Address

  • Full Address: 1220 Kater St
  • Address - House Number: 1220
  • Address - Street Name: Kater
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C006
  • 4-Digit Zip Code: 1851
  • Zip Code: 19147

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,056
  • Intital Tax Deliquent Year: 2019

    Appraisal Valuation

  • Standard Deviation: 0.2342
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 67
  • Final Value: 1,013,905
  • High Value: 1,251,412
  • Low Value: 776,398

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $999,990
  • First Open Lien Mortgage Lender: NORTHEAST EQUITABLE MTG LLC
  • First Open Lien Mortgage Recording Date: Apr 03, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $999,990
  • 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: Apr 01, 2053

    Market Valuation

  • Market Total Value: $1,091,500
  • Market Land Value: $218,300
  • Market Improvement Value: $873,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,091,500
  • Assessed Land Value: $218,300
  • Assessed Improvements Value: $873,200

    Sales

  • Current Sale Contract Date: Mar 15, 2023
  • Current Sale Recording Date: Apr 03, 2023
  • Current Sale Transaction ID: 11904617116
  • Current Sale Price: $1,135,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 54165472
  • Previous Sale Recording Date: Feb 28, 2020
  • Previous Sale Contract Date: Feb 18, 2020
  • Previous Sale Amount: $1,120,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NORTHEAST EQUITABLE MTG LLC
  • First Mortgage Transaction Date: Apr 03, 2023
  • First Mortgage Loan Amount: $999,990
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: TRIDENT MORTGAGE COMPANY LP
  • Previous Mortgage Transaction Date: Feb 28, 2020
  • Previous Mortgage Loan Amount: $422,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2035

About South Philadelphia



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Frequently Asked Questions

What neighborhood is 1220 Kater Street located in?
The 1220 Kater Street is a townhouse located in the neighborhood of Bella Vista - Southwark in South Philadelphia, Philadelphia.
What is the average sales price for listings in 1220 Kater Street?
The average sales price for units in 1220 Kater Street is $1,185,000 , or $365/sqft. currently.

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