Check Availability
$275,000
Land - For Sale

1234 S 45TH ST

PHILADELPHIA, PA 19143
bedrooms
Studio
bathrooms
0 Bath
$1,351
Estimated Monthly
$0
HOA / Fees

About This Property

Introducing an exceptional opportunity for visionary investors and developers to acquire a strategically located plot of land with RM1 Zoning in the highly sought-after neighborhood of University City. Situated in close proximity to Clark Park, Saint Joseph's University, Baltimore Avenue, and the vibrant University City district, this expansive lot offers endless possibilities for a lucrative real estate venture.

Key Features:

Location: Nestled in a thriving community, this plot of land is conveniently situated near Clark Park, providing residents with a serene oasis and recreational opportunities right at their doorstep. The proximity to Saint Joseph's University and the lively Baltimore Avenue guarantees a steady stream of potential tenants or buyers.

Zoning Advantage: Boasting RM1 Zoning, this property presents a unique opportunity to build up to 7 units by right. The potential for multiple units opens up a variety of development options, including condos, apartments, or even townhomes, catering to the diverse needs of the market.

Expansion Potential: An adjacent plot of land with similar attributes is also available for purchase, creating the possibility for a combined development project. Imagine the advantage of maximizing your investment by seamlessly merging these lots to create a larger, more impactful development.

Soil Test Performed: With a comprehensive soil test already conducted, you can move forward with your development plans confidently and efficiently. This invaluable information ensures a smooth construction process, saving you time and resources.

Seize the opportunity to transform this blank canvas into a vibrant community hub or a lucrative income-generating asset. With the ideal location, zoning advantage, and the potential for expansion, these lots offer a remarkable chance to leave your mark on a rapidly growing neighborhood.
Unit Size
-
Days on Market
255 days
Land Size
0.04 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1930
Listed By
Last updated: 17 days ago (Bright MLS #PAPH2270576)

Price History

Date / Event Date Event Price
Aug 22, 2023 Listed by Keller Williams Main Line $275,000
Listed by Keller Williams Main Line

Property Highlights

Exterior Details

Property Information

Ownership Interest: Fee Simple

Lot Information

Tidal Water: N
Lot Size Dimensions: 16.00 x 97.00
Lot Size Source: Assessor

Land Information

Land Assessed Value: $0
Financial Details
Tax Assessed Value: $0
Tax Year: 1900
Tax Annual Amount: $0

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Bedroom Count: 0
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,552
  • Lot Size Depth Feet: 970
  • Lot Size Frontage Feet: 160
  • Total Building Area: 1,580
  • Gross Building Area: 1,580
  • Building Area: 1,580
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,580
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Land Acres: 0.036
  • Legal Description 1: 323 S KINGSESSING

Ownership

  • Current Owner : JMC REALTY
  • Previous Owner : HUGHES ROBERT T
  • Previous Owner 2: BANKONE NA
  • Owner Before Previous Owner: FELDER RODDIE
  • Owner Before Previous Owner 2: FELDER DELORES
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 007700

Zoning

  • Zoning: RM1

Geography

  • Assessors Map Reference: 027S210258
  • Account Number: 148800
  • District: WARD #27
  • Parcel: 27-2148800
  • Block: 27S21
  • Lot: 258
  • Municipality: PHILADELPHIA
  • Latitude: 39.9458
  • Longitude: -75.2094

    Address

  • Full Address: 1234 S 45th St
  • Address - House Number: 1234
  • Street Direction: S
  • Address - Street Name: 45th
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C037
  • 4-Digit Zip Code: 4410
  • Zip Code: 19104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,230
  • Tax Rate Code Area: 27

    Appraisal Valuation

  • Standard Deviation: 0.1219
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 86
  • Final Value: 263,842
  • High Value: 296,021
  • Low Value: 231,663

    Market Valuation

  • Market Total Value: $159,300
  • Market Land Value: $31,860
  • Market Improvement Value: $127,440

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $159,300
  • Assessed Land Value: $31,860
  • Assessed Improvements Value: $127,440

    Sales

  • Current Sale Contract Date: May 27, 2003
  • Current Sale Recording Date: Jun 11, 2003
  • Current Sale Transaction ID: 1149938018
  • Current Sale Price: $60,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 50689328
  • Previous Sale Recording Date: Sep 28, 1994
  • Previous Sale Contract Date: Sep 20, 1994
  • Previous Sale Amount: $25,000
  • Previous Sale Document Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
Stu
-
-
$70,000 Aug 10, 2022
$70,000 Oct 14, 2022
-
Townhouse
Stu
-
1,408 ft²
$82/ft²
$115,000 Apr 19, 2022
$115,000 Oct 14, 2022
-
House
3 Beds
3 Baths
-
$247,500 Oct 25, 2012
$247,500 Jun 12, 2013
$850/mo
House
3 Beds
3 Baths
-
$280,000 Aug 1, 2013
$280,000 Oct 23, 2013
$1,008/mo
Townhouse
4 Beds
2 Baths
1,178 ft²
$233/ft²
$275,000 Feb 15, 2023
$275,000 Mar 31, 2023
-
Townhouse
3 Beds
2 Baths
944 ft²
$322/ft²
$304,000 Jun 2, 2022
$304,000 Jul 8, 2022
-
Land
Loft
-
-
$275,000 Aug 22, 2023
-
-
Land
Loft
-
-
$250,000 Oct 6, 2022
-
-
Land
Loft
-
-
$240,000 Aug 8, 2023
-
-
Land
Loft
-
-
$225,000 May 24, 2021
-
-
Land
Loft
-
-
$225,000 May 24, 2021
-
$171/mo
Commercial
Loft
-
-
$235,000 Apr 21, 2023
-
$124/mo

About West Philadelphia


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Frequently Asked Questions

When was property at 1234 South 45th Street built and last sold?
The property at 1234 South 45th Street was built in 1930 and last sold on May 27, 2003 for $60,000.
How much is this home worth?
The estimated value of the home located at 1234 South 45th Street is $277,750.
What are some comparable homes to 1234 South 45th Street?
Homes that are comparable to 1234 South 45th Street include a land property at 1236 South 45th Street, 4826-28 Woodland Avenue, 5442 Woodland Avenue.

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