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1932 East Lippincott Street

1932 East Lippincott Street, Philadelphia, PA 19134
Property in Kensington
Sold Jun 11, 2021
$215,000
$144,000 by Athas Capital Group Inc
Mortgage Due Jun 01, 2052
Sold Oct 23, 2019
$50,200
1932 East Lippincott 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 1925 and is 99 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 1932 East Lippincott Street has 1,300 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 600 ft and across the front of the lot is 170 ft. The area measurement of the land has been determined as 1,020 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a custom 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 average. 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. The exterior walls of the building are made of brick. In terms of heating, it is utilizing a heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1932 East Lippincott Street sold most recently in May 12, 2021 for a total of $215,000. If you work out the math, that's approximately a cost of $165.38 per sqft. Before that, the property was also sold for $50,200 in Oct 16, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,041 in taxes each year. The initial year of tax delinquency occurred in 2021. 1932 East Lippincott Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $74,400. If we break it down further, the land itself was valued at $14,880. Improvements to the property, however, were assessed at a total of $59,520. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: Custom
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,020
  • Lot Size Depth Feet: 600
  • Lot Size Frontage Feet: 170
  • Total Building Area: 1,300
  • Gross Building Area: 1,300
  • Building Area: 1,300
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,300
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KENSINGTON
  • Land Acres: 0.023
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Easement (misc.)
  • State Land Use Code: Single family residential
  • Legal Description 1: 262 E JASPER ST

Ownership

  • Current Owner : ALKME ENTERPRISES LLC
  • Previous Owner : ROJAS CARMEN
  • Previous Owner 2: REYES PEDRO
  • Owner Before Previous Owner: PAPE GAIL Y
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 017800

Zoning

  • Zoning: RSA5

Geography

  • Assessors Map Reference: 022N120071
  • Account Number: 273100
  • District: WARD #25
  • Parcel: 25-2273100
  • Block: 22N12
  • Lot: 71
  • Municipality: PHILADELPHIA
  • Latitude: 39.9937
  • Longitude: -75.1131

    Address

  • Full Address: 1932 E Lippincott St
  • Address - House Number: 1932
  • Street Direction: E
  • Address - Street Name: Lippincott
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C039
  • 4-Digit Zip Code: 3131
  • Zip Code: 19134

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,041
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 25

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 209,398
  • High Value: 302,016
  • Low Value: 116,779

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $144,000
  • First Open Lien Mortgage Lender: ATHAS CAPITAL GROUP INC
  • First Open Lien Mortgage Recording Date: May 24, 2022
  • First Open Lien Mortgage Loan Amount: $144,000
  • 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: Jun 01, 2052

    Market Valuation

  • Market Total Value: $74,400
  • Market Land Value: $14,880
  • Market Improvement Value: $59,520

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $74,400
  • Assessed Land Value: $14,880
  • Assessed Improvements Value: $59,520

    Sales

  • Current Sale Contract Date: May 12, 2021
  • Current Sale Recording Date: Jun 11, 2021
  • Current Sale Transaction ID: 11840997610
  • Current Sale Price: $215,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53845819
  • Previous Sale Recording Date: Oct 23, 2019
  • Previous Sale Contract Date: Oct 16, 2019
  • Previous Sale Amount: $50,200
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BTC CRB SPV LLC
  • First Mortgage Transaction Date: Jun 11, 2021
  • First Mortgage Loan Amount: $260,544
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About North Philadelphia



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Frequently Asked Questions

What neighborhood is 1932 East Lippincott Street located in?
The 1932 East Lippincott Street is a located in the neighborhood of Kensington in North Philadelphia, Philadelphia.
What is the average sales price for listings in 1932 East Lippincott Street?
The average sales price for units in 1932 East Lippincott Street is $0 currently.

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