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138R South Front Street

138R South Front Street, Philadelphia, PA 19106
Townhouse in Center City East
Sold May 15, 2018
$2,500,000
$1,500,000 by Morgagn Stanley Private Banmk
Mortgage Due Aug 01, 2048
Sold Jul 07, 2015
$3,000,000
138R South Front Street in Philadelphia, PA was first built in 2016 and is 8 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a modern style. There are a total of 3 floors. 138R South Front Street has 3,669 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 200 ft and the linear feet between the front and back of the lot is 550. In total, the area measurement of the land is 1,095 square feet.

Learn more about the property and building on this page. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The condition of the building has been evaluated as unknown. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heat pump and being fueled with gas. 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, 138R South Front Street was last sold in May 2, 2018 for $2,500,000. According to our calculations, that's $681.38 per sqft. Prior to that sales transaction, the property was sold for $3,000,000 in May 22, 2015. Current property owners are expected to pay $6,992 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 138R South Front Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,497,900. To break that down further, the land itself was valued at $499,500. While improvements to the property were assessed at a total of $1,998,400. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

Building Features

Condition

New Construction

Exterior

Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 0
  • Construction Type: Masonry
  • Building Style: Modern
  • Floor Count: 3
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 1,095
  • Lot Size Depth Feet: 550
  • Lot Size Frontage Feet: 200
  • Total Building Area: 3,669
  • Gross Building Area: 3,669
  • Building Area: 3,669
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 3,669
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PLANNED CMNTY DECLARATION PLAT
  • Land Acres: 0.025
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Royalty interest
  • State Land Use Code: Single family residential
  • Legal Description 1: 85.911 FROM SANSOM ST

Ownership

  • Current Owner : SPGCP HOLDINGS LLC
  • Previous Owner : AKRON CAPITAL LLC
  • Owner Before Previous Owner: 130 S FRONT ST LP
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 001002

Zoning

  • Zoning: CMX3

Geography

  • Assessors Map Reference: 001S140362
  • Account Number: 026020
  • District: WARD #05
  • Parcel: 05-1026020
  • Latitude: 39.9469
  • Longitude: -75.1431

    Address

  • Full Address: 138 S Front St
  • Address - House Number: 138
  • Street Direction: S
  • Address - Street Name: Front
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C057
  • 4-Digit Zip Code: 3115
  • Zip Code: 19106

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,992
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2576
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 63
  • Final Value: 1,474,325
  • High Value: 1,854,176
  • Low Value: 1,094,474

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,500,000
  • First Open Lien Mortgage Lender: MORGAGN STANLEY PRIVATE BANMK
  • First Open Lien Mortgage Recording Date: Aug 02, 2018
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2048

    Market Valuation

  • Market Total Value: $2,497,900
  • Market Land Value: $499,500
  • Market Improvement Value: $1,998,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,497,900
  • Assessed Land Value: $499,500
  • Assessed Improvements Value: $1,998,400

    Sales

  • Current Sale Contract Date: May 02, 2018
  • Current Sale Recording Date: May 15, 2018
  • Current Sale Transaction ID: 11465035193
  • Current Sale Price: $2,500,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53364363
  • Previous Sale Recording Date: Jul 07, 2015
  • Previous Sale Contract Date: May 22, 2015
  • Previous Sale Amount: $3,000,000
  • Previous Sale Document Type: Deed

About Center City



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$2,600 /mo

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$2,400 /mo

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Frequently Asked Questions

What neighborhood is 138R South Front Street located in?
The 138R South Front Street is a townhouse located in the neighborhood of Center City East in Center City, Philadelphia.
What is the average sales price for listings in 138R South Front Street?
The average sales price for units in 138R South Front Street is $0 currently.

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