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221 Fairmount Avenue

221 Fairmount Avenue, Philadelphia, PA 19123
Sold Dec 18, 2020
$819,000
$655,200 by Guaranteed Rate Inc
Mortgage Due Jan 01, 2051
Sold Apr 21, 2014
$635,000
221 Fairmount Avenue 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 2011 and is 13 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 3 stories. In addition, 221 Fairmount Avenue has 2,178 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 620 ft and across the front of the lot is 150 ft. The area measurement of the land has been determined as 1,250 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a modern 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. For the features and amenities located on the property. There is a garage underground or in the basement for those who require parking. According to our sources, there is one available parking space. 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. 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. 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, 221 Fairmount Avenue sold most recently in Nov 25, 2020 for a total of $819,000. If you work out the math, that's approximately a cost of $376.03 per sqft. Before that, the property was also sold for $635,000 in Apr 10, 2014. 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 $9,421 in taxes each year. 221 Fairmount Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $673,000. If we break it down further, the land itself was valued at $134,600. Improvements to the property, however, were assessed at a total of $538,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Masonry
  • Building Style: Modern
  • Exterior Walls Type: Brick
  • Floor Count: 3
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,250
  • Lot Size Depth Feet: 620
  • Lot Size Frontage Feet: 150
  • Total Building Area: 2,178
  • Gross Building Area: 2,178
  • Building Area: 2,178
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,178
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.029
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Royalty interest
  • State Land Use Code: Single family residential
  • Legal Description 1: NEC FAIRMOUNT & AMERICAN

Ownership

  • Current Owner : CHOW HENRY
  • Current Owner 2: YOON MINDY
  • Previous Owner : SHENKMAN LAVI
  • Previous Owner 2: SHENKMAN PAIGE
  • Owner Before Previous Owner: SCULL HEATHER
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 036700

Zoning

  • Zoning: CMX2.5

Geography

  • Assessors Map Reference: 005N070227
  • Account Number: 163700
  • District: WARD #05
  • Parcel: 05-5163700
  • Latitude: 39.9623
  • Longitude: -75.142

    Address

  • Full Address: 221 Fairmount Ave
  • Address - House Number: 221
  • Address - Street Name: Fairmount
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C028
  • 4-Digit Zip Code: 2915
  • Zip Code: 19123

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,421
  • Tax Rate Code Area: 5

    Appraisal Valuation

  • Standard Deviation: 0.2752
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 60
  • Final Value: 776,181
  • High Value: 989,821
  • Low Value: 562,542

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $655,200
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Dec 18, 2020
  • First Open Lien Mortgage Loan Amount: $655,200
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $673,000
  • Market Land Value: $134,600
  • Market Improvement Value: $538,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $673,000
  • Assessed Land Value: $134,600
  • Assessed Improvements Value: $538,400

    Sales

  • Current Sale Contract Date: Nov 25, 2020
  • Current Sale Recording Date: Dec 18, 2020
  • Current Sale Transaction ID: 11809697207
  • Current Sale Price: $819,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53767092
  • Previous Sale Recording Date: Apr 21, 2014
  • Previous Sale Contract Date: Apr 10, 2014
  • Previous Sale Amount: $635,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Dec 18, 2020
  • First Mortgage Loan Amount: $655,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

About North Philadelphia



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Frequently Asked Questions

What neighborhood is 221 Fairmount Avenue located in?
The 221 Fairmount Avenue is a located in the neighborhood of Northern Liberties - Fishtown in North Philadelphia, Philadelphia.
What is the average sales price for listings in 221 Fairmount Avenue?
The average sales price for units in 221 Fairmount Avenue is $0 currently.

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