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1622 West Jefferson Street

1622 West Jefferson Street, Philadelphia, PA 19121
Sold Oct 09, 2018
$780,000
$350,000 by Newrez Llc
Mortgage Due Apr 01, 2051
Sold Apr 17, 2013
$700,000
$490,000 by Parke Bank
Mortgage Due May 01, 2043
1622 West Jefferson Street has been categorized by the local assessors in Philadelphia, PA as a residential type of property. The building on the property was first built in 2012 and is 12 years old. The home has a total of 12 rooms. 6 of these rooms are legally considered as bedrooms. The building has a total of 3 stories. In addition, 1622 West Jefferson Street has 3,588 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 920 ft and across the front of the lot is 180 ft. The area measurement of the land has been determined as 1,650 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a contemporary style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as unknown. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system and being fueled with gas. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Oct 2, 2018 for $780,000. That's $217.39 per sqft. Prior to that sales transaction, the property was also sold in Apr 12, 2013 for $700,000. 1622 West Jefferson Street was last assessed in 2023. The total value of the property was assessed at $1,166,100. Specifically, the land the property is located on was valued at $233,200. While improvements on the property were assessed at a total of $932,900. 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 $11,842. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Contemporary
  • Exterior Walls Type: Brick
  • Floor Count: 3
  • Living Units: 4
  • Business/Commerical Units Count: 4
  • Basement Type: Unfinished basement
  • Basement Area: 1,195
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,650
  • Lot Size Depth Feet: 920
  • Lot Size Frontage Feet: 180
  • Total Building Area: 3,588
  • Gross Building Area: 3,588
  • Building Area: 3,588
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,588
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.038
  • Standard Land Use Code: Duplex (2 units, any combination)
  • State Land Use Code: Townhouse (residential)
  • Legal Description 1: 17 W WILLINGTON

Ownership

  • Current Owner : HUANG HUI
  • Current Owner 2: GAO WENJING
  • Previous Owner : XL REALTY LLC
  • Owner Before Previous Owner: TNT PROPERTIES ONE LLC

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 014000

Zoning

  • Zoning: RM1

Geography

  • Assessors Map Reference: 011N110055
  • Account Number: 122200
  • District: WARD #47
  • Parcel: 47-1122200
  • Block: 11N12
  • Lot: 55
  • Municipality: PHILADELPHIA
  • Latitude: 39.9762
  • Longitude: -75.1628

    Address

  • Full Address: 1622 W Jefferson St
  • Address - House Number: 1622
  • Street Direction: W
  • Address - Street Name: Jefferson
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C011
  • 4-Digit Zip Code: 4240
  • Zip Code: 19121

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,842
  • Tax Rate Code Area: 47

    Appraisal Valuation

  • Standard Deviation: 0.2404
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 66
  • Final Value: 968,223
  • High Value: 1,201,017
  • Low Value: 735,428

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $350,000
  • First Open Lien Mortgage Lender: NEWREZ LLC
  • First Open Lien Mortgage Recording Date: Apr 05, 2021
  • First Open Lien Mortgage Loan Amount: $350,000
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $1,166,100
  • Market Land Value: $233,200
  • Market Improvement Value: $932,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,166,100
  • Assessed Land Value: $233,200
  • Assessed Improvements Value: $932,900

    Sales

  • Current Sale Contract Date: Oct 02, 2018
  • Current Sale Recording Date: Oct 09, 2018
  • Current Sale Transaction ID: 11520452254
  • Current Sale Price: $780,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53427173
  • Previous Sale Recording Date: Apr 17, 2013
  • Previous Sale Contract Date: Apr 12, 2013
  • Previous Sale Amount: $700,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROVIDENT FUNDING ASSOCIATES L
  • First Mortgage Transaction Date: Oct 09, 2018
  • First Mortgage Loan Amount: $585,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: PARKE BANK
  • Previous Mortgage Transaction Date: Apr 17, 2013
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $490,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: May 01, 2043

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Frequently Asked Questions

What neighborhood is 1622 West Jefferson Street located in?
The 1622 West Jefferson Street is a located in the neighborhood of North Philadelphia West in North Philadelphia, Philadelphia.
What is the average sales price for listings in 1622 West Jefferson Street?
The average sales price for units in 1622 West Jefferson Street is $0 currently.

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