Check Availability
$78,700
↓ $1K (1.3%)
Land - For Sale

1531 N 22ND ST

PHILADELPHIA, PA 19121
bedrooms
Studio
bathrooms
0 Bath
$387
Estimated Monthly
$0
HOA / Fees

About This Property

PRICE REDUCTION!
Introducing an extraordinary opportunity in the up-and-coming neighborhood of Philadelphia! This vacant lot, located at 1531 N 22nd St, offers immense potential for the future owner to generate substantial equity and long-term cash flow.
Situated in a neighborhood on the rise, this lot presents a prime investment prospect. With a frontage of 16.00 feet and a depth of 57.00 feet, encompassing 912 square feet or 0.0209 acres, this rectangular-shaped lot provides a solid foundation for a variety of development possibilities.
The level topography and CMX2 zoning further enhance the appeal of this property. CMX2 zoning allows for a diverse range of uses, including residential, commercial, and mixed-use development(Do your own diligence), making it ideal for creative entrepreneurs and investors seeking to capitalize on the evolving demands of the area.
This lot's location within an upcoming neighborhood ensures that the future owner will be poised to benefit from the rapid growth and revitalization taking place.  As the area continues to flourish, property values are expected to appreciate, resulting in increased equity over time.
Moreover, with careful planning and thoughtful execution, the future owner can tap into the lucrative potential of rental income or future sales. The high demand for housing and commercial space in Philadelphia makes this lot an excellent opportunity to generate a consistent cash flow stream, adding to its long-term value.
Don't miss out on the chance to secure a valuable asset in an up-and-coming Philadelphia neighborhood. With its attractive characteristics, including its rectangular shape, level topography, and CMX2 zoning, this vacant lot holds tremendous potential for the astute investor looking to build equity and generate cash flow over the years.
Contact us today to explore this exciting opportunity further and take a step toward a prosperous future in Philadelphia's thriving real estate market.
Unit Size
-
Days on Market
322 days
Land Size
0.02 acres
Price per sqft
-
Property Type
Land
Property Taxes
$5
HOA Dues
-
Year Built
-
Listed By
Sergio Giraldo
Rehobot Real Estate, LLC
Andres Cano
Rehobot Real Estate, LLC
Last updated: 2 months ago (Bright MLS #PAPH2248272)

Price History

Date / Event Date Event Price
Mar 6, 2024 Price Decreased $78,700
↓ $1K (1.3%)
Price Decreased
Jun 19, 2023 Listed by Rehobot Real Estate, LLC $79,700
Listed by Rehobot Real Estate, LLC

Property Highlights

Exterior Details

Property Information

Ownership Interest: Fee Simple

Lot Information

Tidal Water: N
Lot Size Dimensions: 16.00 x 57.00
Lot Size Source: Assessor

Land Information

Land Assessed Value: $4,400
Financial Details
City Town Tax: $27
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $4,400
Tax Year: 2023
Tax Annual Amount: $61
Year Assessed: 2023

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 912
  • Lot Size Depth Feet: 570
  • Lot Size Frontage Feet: 160
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Vacant
  • Land Acres: 0.021
  • Standard Land Use Code: Recreational-vacant land
  • Legal Description 1: 49 N BOLTON ST

Ownership

  • Current Owner : DIVERSIFIED COMMUNITY SERVICES INC
  • Previous Owner : MAISLIN NANCY L
  • Owner Before Previous Owner: REDEVELOPMENT AUTHORITY OF THE CITY OF P

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 013900

Zoning

  • Zoning: CMX2

Geography

  • Assessors Map Reference: 012N100115
  • Account Number: 297110
  • District: WARD #29
  • Parcel: 29-1297110
  • Block: 12N10
  • Lot: 115
  • Latitude: 39.9784
  • Longitude: -75.1711

    Address

  • Full Address: 1531 N 22nd St
  • Address - House Number: 1531
  • Street Direction: N
  • Address - Street Name: 22nd
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C039
  • 4-Digit Zip Code: 3943
  • Zip Code: 19121

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $62
  • Intital Tax Deliquent Year: 2017
  • Tax Rate Code Area: 29

    Market Valuation

  • Market Total Value: $4,400
  • Market Land Value: $4,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,400
  • Assessed Land Value: $4,400

    Sales

  • Current Sale Contract Date: Jan 04, 2005
  • Current Sale Recording Date: Jan 14, 2005
  • Current Sale Transaction ID: 1097804687
  • Current Sale Price: $125,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 51098908
  • Previous Sale Recording Date: Jul 16, 2003
  • Previous Sale Contract Date: May 27, 2003
  • Previous Sale Amount: $1,050
  • Previous Sale Document Type: Deed

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Land
Loft
-
-
$80,000 Sep 4, 2013
$80,000 Apr 29, 2014
-
Land
Loft
-
-
$75,000 Jan 13, 2023
$75,000 Mar 23, 2023
-
Land
Loft
-
-
$72,500 Jun 10, 2016
$72,500 Jul 12, 2016
-
Land
Loft
-
-
$85,000 Feb 4, 2022
$85,000 Jun 16, 2023
-
Land
Loft
-
-
$95,000 Oct 20, 2020
$95,000 Dec 4, 2020
-
Condo
Stu
1 Bath
392 ft²
$153/ft²
$60,000 Aug 12, 2022
$60,000 Mar 20, 2023
-
Land
Loft
-
-
$80,000 Dec 3, 2021
-
-
Land
Loft
-
-
$80,000 May 23, 2022
-
-
Land
Loft
-
-
$80,000 May 23, 2022
-
-
Land
Loft
-
-
$79,900 Apr 29, 2023
-
-
Land
Loft
-
-
$79,900 Apr 12, 2023
-
-
Land
Loft
-
-
$78,000 Apr 3, 2023
-
-

About North Philadelphia


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Frequently Asked Questions

When was property at 1531 North 22nd Street built and last sold?
The property at 1531 North 22nd Street was built in and last sold on Jan 4, 2005 for $125,000.
How much is this home worth?
The estimated value of the home located at 1531 North 22nd Street is $80,497.
What are some comparable homes to 1531 North 22nd Street?
Homes that are comparable to 1531 North 22nd Street include a land property at 2353 Turner Street, 1810 North Taylor Street, 2217 North Uber Street.

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