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1505 North 7th Street

1505 North 7th Street, Philadelphia, PA 19122
1 Units For Sale
Unit for sale at 1505 N 7TH ST, PHILADELPHIA, PA 19122

$379,900

  • 3 Beds
  • 3 Baths
  • 1,414 ft²
1505 N 7TH ST #UPPER, PHILADELPHIA, PA 19122 Listing by Evan Ho

Local assessors in Philadelphia, PA have categorized 1505 North 7th Street as a residential type of property. The home was built in 2017 and is 7 years old. The property's lot size has been calculated to be 1,115 square feet. The linear feet between the front and back of the lot was measured at 640 ft and the front of the lot was measured at 180 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a modern style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. 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 1505 North 7th Street has a total of 1,414 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. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Moving onto specific details regarding the building. Our sources show that the building condition is unknown. 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 masonry control joints. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source and it is 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, 1505 North 7th Street was last sold in Nov 23, 2022 for $360,000. According to our calculations, that's $254.60 per sqft. Current property owners are expected to pay $647 in taxes per year. The property on 1505 North 7th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $308,100. To break that down further, the land itself was valued at $46,200. While improvements to the property were assessed at a total of $261,900. 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. 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.

Building Features

Exterior

Masonry Exterior
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220824 Unit B
08/24/2022
B
3 Bed
3 Bath
1414 ft²
$395,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1414 ft²
-
-
-
Bibe Chin
Keller Williams Philly
20150910
09/10/2015
Loft
-
-
$74,900
bedrooms
Loft
bathrooms
-
$74,900
01/29/2016
-
Frank Altamuro
Coldwell Banker Realty

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Total Rooms: 5
  • 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: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,115
  • Lot Size Depth Feet: 640
  • Lot Size Frontage Feet: 180
  • Total Building Area: 1,414
  • Gross Building Area: 1,414
  • Building Area: 1,414
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,414
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.026
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Royalty interest
  • State Land Use Code: Single family residential
  • Legal Description 1: 33.625 N OF JEFFERSON ST

Ownership

  • Current Owner : XIONG PING
  • Previous Owner : JOO HEE

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 014500

Zoning

  • Zoning: RSA5

Geography

  • Assessors Map Reference: 012N030352
  • Account Number: 200662
  • District: WARD #20
  • Parcel: 88-8200662
  • Latitude: 39.9746
  • Longitude: -75.1472

    Address

  • Full Address: 1505 N 7th St
  • Address - House Number: 1505
  • Street Direction: N
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C001
  • 4-Digit Zip Code: 3604
  • Zip Code: 19122

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $647

    Appraisal Valuation

  • Standard Deviation: 0.2612
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 62
  • Final Value: 385,080
  • High Value: 485,688
  • Low Value: 284,471

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $306,000
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: Dec 06, 2022
  • First Open Lien Mortgage Loan Amount: $306,000
  • 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: Jan 01, 2053

    Market Valuation

  • Market Total Value: $308,100
  • Market Land Value: $46,200
  • Market Improvement Value: $261,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $308,100
  • Assessed Land Value: $46,200
  • Assessed Improvements Value: $261,900

    Sales

  • Current Sale Contract Date: Nov 23, 2022
  • Current Sale Recording Date: Dec 06, 2022
  • Current Sale Transaction ID: 11899511851
  • Current Sale Price: $360,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 54127683

    Last Sale Mortgage

  • First Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Mortgage Transaction Date: Dec 06, 2022
  • First Mortgage Loan Amount: $306,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2053

About North Philadelphia



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Frequently Asked Questions

What neighborhood is 1505 North 7th Street located in?
The 1505 North 7th Street is a located in the neighborhood of North Philadelphia East in North Philadelphia, Philadelphia.
How many listings are currently for sale in 1505 North 7th Street?
There is a listing currently on the market for sale.
What is the average sales price for listings in 1505 North 7th Street?
The average sales price for units in 1505 North 7th Street is $379,900 , or $269/sqft. currently.

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