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1956 North 8th Street

1956 North 8th Street, Philadelphia, PA 19122
Sold May 27, 2020
$610,000
$450,000 by Meridian Bank
Mortgage
Sold Feb 13, 2020
$35,000
1956 North 8th Street in Philadelphia, PA was first built in 2019 and is 5 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. There are a total of 3 floors. There are a total of 0 rooms in the home, of which, 9 are bedrooms. 1956 North 8th Street has 2,415 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 160 ft and the linear feet between the front and back of the lot is 670. In total, the area measurement of the land is 1,073 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with brick control joints. The condition of the building has been evaluated as unknown. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home 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, 1956 North 8th Street sold most recently in Apr 16, 2020 for a total of $610,000. If you work out the math, that's approximately a cost of $252.59 per sqft. Before that, the property was also sold for $35,000 in Jan 31, 2020. 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 $2,063 in taxes each year. The initial year of tax delinquency occurred in 2021. 1956 North 8th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $737,000. If we break it down further, the land itself was valued at $147,400. Improvements to the property, however, were assessed at a total of $589,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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

Condition

New Construction

Exterior

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

Building Info

Overview

    General

  • Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 9
  • Construction Type: Brick
  • Building Style: Townhouse
  • Floor Count: 3
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,073
  • Lot Size Depth Feet: 670
  • Lot Size Frontage Feet: 160
  • Total Building Area: 2,415
  • Gross Building Area: 2,415
  • Building Area: 2,415
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,415
  • 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.)
  • Legal Description 1: 4518 1/4 N BERKS ST

Ownership

  • Current Owner : NINETEEN FIFTY SIX PROPERTIES LLC
  • Previous Owner : 1956 N 8TH ST LLC
  • Owner Before Previous Owner: FREEDOM CONSTRUCTION INC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 037700

Zoning

  • Zoning: RM1

Geography

  • Assessors Map Reference: 016N020114
  • Account Number: 113300
  • District: WARD #20
  • Parcel: 20-2113300
  • Block: 16N2
  • Lot: 114
  • Municipality: PHILADELPHIA
  • Latitude: 39.9818
  • Longitude: -75.1477

    Address

  • Full Address: 1956 N 8th St
  • Address - House Number: 1956
  • Street Direction: N
  • Address - Street Name: 8th
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C017
  • 4-Digit Zip Code: 2023
  • Zip Code: 19122

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,063
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 20

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 1,290,625
  • High Value: 1,861,481
  • Low Value: 719,768

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $450,000
  • First Open Lien Mortgage Lender: MERIDIAN BANK
  • First Open Lien Mortgage Recording Date: May 27, 2020
  • First Open Lien Mortgage Loan Amount: $450,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $737,000
  • Market Land Value: $147,400
  • Market Improvement Value: $589,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $737,000
  • Assessed Land Value: $147,400
  • Assessed Improvements Value: $589,600

    Sales

  • Current Sale Contract Date: Apr 16, 2020
  • Current Sale Recording Date: May 27, 2020
  • Current Sale Transaction ID: 11763507843
  • Current Sale Price: $610,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53671481
  • Previous Sale Recording Date: Feb 13, 2020
  • Previous Sale Contract Date: Jan 31, 2020
  • Previous Sale Amount: $35,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MERIDIAN BANK
  • First Mortgage Transaction Date: May 27, 2020
  • First Mortgage Loan Amount: $450,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 1956 North 8th Street located in?
The 1956 North 8th Street is a multifamily located in the neighborhood of North Philadelphia East in North Philadelphia, Philadelphia.
What is the average sales price for listings in 1956 North 8th Street?
The average sales price for units in 1956 North 8th Street is $0 currently.

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