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1507 Adams Avenue

1507 Adams Avenue, Philadelphia, PA 19124
Townhouse in Frankford
Sold May 17, 2022
$68,000
Sold Mar 21, 2022
$64,000
Local assessors in Philadelphia, PA have categorized 1507 Adams Avenue as a residential type of property. The home was built in 1940 and is 84 years old. The property's lot size has been calculated to be 1,090 square feet. The linear feet between the front and back of the lot was measured at 870 ft and the front of the lot was measured at 150 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 2 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 is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1507 Adams Avenue has a total of 840 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. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 brick were used in the construction of the exterior walls of the home. The home's a hot water heating system is the primary heating source. The property was last sold in May 6, 2022 for $68,000. That's $80.95 per sqft. Prior to that sales transaction, the property was also sold in Feb 22, 2022 for $64,000. 1507 Adams Avenue was last assessed in 2023. The total value of the property was assessed at $57,100. Specifically, the land the property is located on was valued at $11,420. While improvements on the property were assessed at a total of $45,680. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $799. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: Townhouse
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,090
  • Lot Size Depth Feet: 870
  • Lot Size Frontage Feet: 150
  • Total Building Area: 840
  • Gross Building Area: 840
  • Building Area: 840
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 840
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.025
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Easement (misc.)
  • State Land Use Code: Single family residential
  • Legal Description 1: 44 SE PENN ST

Ownership

  • Current Owner : MIRANDA ADAM D
  • Previous Owner : PRIME CASH OFFER LLC
  • Owner Before Previous Owner: STRATEGIC DESIGN MANAGEMENT LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 029300

Zoning

  • Zoning: RSA5

Geography

  • Assessors Map Reference: 090N130075
  • Account Number: 003900
  • District: WARD #23
  • Parcel: 23-2003900
  • Block: 90N13
  • Lot: 75
  • Municipality: PHILADELPHIA
  • Latitude: 40.0097
  • Longitude: -75.0924

    Address

  • Full Address: 1507 Adams Ave
  • Address - House Number: 1507
  • Address - Street Name: Adams
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C041
  • 4-Digit Zip Code: 4505
  • Zip Code: 19124

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $799
  • Tax Rate Code Area: 23

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 37,896
  • High Value: 54,657
  • Low Value: 21,134

    Market Valuation

  • Market Total Value: $57,100
  • Market Land Value: $11,420
  • Market Improvement Value: $45,680

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $57,100
  • Assessed Land Value: $11,420
  • Assessed Improvements Value: $45,680

    Sales

  • Current Sale Contract Date: May 06, 2022
  • Current Sale Recording Date: May 17, 2022
  • Current Sale Transaction ID: 11888069236
  • Current Sale Price: $68,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 54042340
  • Previous Sale Recording Date: Mar 21, 2022
  • Previous Sale Contract Date: Feb 22, 2022
  • Previous Sale Amount: $64,000
  • Previous Sale Document Type: Deed

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Frequently Asked Questions

What neighborhood is 1507 Adams Avenue located in?
The 1507 Adams Avenue is a townhouse located in the neighborhood of Frankford in Northeast Philadelphia, Philadelphia.
What is the average sales price for listings in 1507 Adams Avenue?
The average sales price for units in 1507 Adams Avenue is $0 currently.

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