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1941 Berkshire Street

1941 Berkshire Street, Philadelphia, PA 19124
Townhouse in Frankford
Sold Nov 22, 2022
$87,500
Sold Apr 26, 2019
$48,000
Local assessors in Philadelphia, PA have categorized 1941 Berkshire Street 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 998 square feet. The linear feet between the front and back of the lot was measured at 710 ft and the front of the lot was measured at 140 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, 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 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 1941 Berkshire Street has a total of 980 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 heating system is the primary heating source. 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, 1941 Berkshire Street sold most recently in Oct 17, 2022 for a total of $87,500. If you work out the math, that's approximately a cost of $89.29 per sqft. Before that, the property was also sold for $48,000 in Apr 23, 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 $858 in taxes each year. 1941 Berkshire Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $61,300. If we break it down further, the land itself was valued at $12,260. Improvements to the property, however, were assessed at a total of $49,040. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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

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: 3
  • 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: 998
  • Lot Size Depth Feet: 710
  • Lot Size Frontage Feet: 140
  • Total Building Area: 980
  • Gross Building Area: 980
  • Building Area: 980
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 980
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.023
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Common area (misc.)
  • State Land Use Code: Single family residential
  • Legal Description 1: 2833/4 SE

Ownership

  • Current Owner : PROSPEROUS GROUP LLC
  • Previous Owner : TEMPLETON PROPERTIES LLC
  • Owner Before Previous Owner: MARINO PATRICK
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 029400

Zoning

  • Zoning: RSA5

Geography

  • Assessors Map Reference: 083N090129
  • Account Number: 035000
  • District: WARD #23
  • Parcel: 23-2035000
  • Block: 83N9
  • Lot: 129
  • Municipality: PHILADELPHIA
  • Latitude: 40.0085
  • Longitude: -75.0846

    Address

  • Full Address: 1941 Berkshire St
  • Address - House Number: 1941
  • Address - Street Name: Berkshire
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C009
  • 4-Digit Zip Code: 4618
  • Zip Code: 19124

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $858
  • Tax Rate Code Area: 23

    Appraisal Valuation

  • Standard Deviation: 0.1219
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 86
  • Final Value: 109,570
  • High Value: 122,934
  • Low Value: 96,206

    Market Valuation

  • Market Total Value: $61,300
  • Market Land Value: $12,260
  • Market Improvement Value: $49,040

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $61,300
  • Assessed Land Value: $12,260
  • Assessed Improvements Value: $49,040

    Sales

  • Current Sale Contract Date: Oct 17, 2022
  • Current Sale Recording Date: Nov 22, 2022
  • Current Sale Transaction ID: 11899174826
  • Current Sale Price: $87,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 54123350
  • Previous Sale Recording Date: Apr 26, 2019
  • Previous Sale Contract Date: Apr 23, 2019
  • Previous Sale Amount: $48,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Nov 22, 2022
  • First Mortgage Loan Amount: $104,762
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Nov 01, 2023

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Frequently Asked Questions

What neighborhood is 1941 Berkshire Street located in?
The 1941 Berkshire Street is a townhouse located in the neighborhood of Frankford in Northeast Philadelphia, Philadelphia.
What is the average sales price for listings in 1941 Berkshire Street?
The average sales price for units in 1941 Berkshire Street is $0 currently.

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