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2401 East Letterly Street

2401 East Letterly Street, Philadelphia, PA 19125
Property in Kensington
Local assessors in Philadelphia, PA have categorized 2401 East Letterly Street as a commercial type of property. The home was built in 1875 and is 149 years old. The property's lot size has been calculated to be 904 square feet. The linear feet between the front and back of the lot was measured at 600 ft and the front of the lot was measured at 150 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. 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 2401 East Letterly Street has a total of 1,800 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 stucco 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, 2401 East Letterly Street sold most recently in Jun 30, 2017 for a total of $248,500. If you work out the math, that's approximately a cost of $138.06 per sqft. Before that, the property was also sold for $60,000 in Sep 12, 2003. 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 $2,203 in taxes each year. 2401 East Letterly Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $157,400. If we break it down further, the land itself was valued at $31,480. Improvements to the property, however, were assessed at a total of $125,920. 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1875
  • Effective Year Built: 1875
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: Duplex
  • Exterior Walls Type: Stucco
  • Floor Count: 2
  • Living Units: 1
  • Business/Commerical Units Count: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 904
  • Lot Size Depth Feet: 600
  • Lot Size Frontage Feet: 150
  • Total Building Area: 1,800
  • Gross Building Area: 1,800
  • Building Area: 1,800
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,800
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 0.021
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: NEC CEDAR ST

Ownership

  • Current Owner : THE BETTER ZIM GROUP LLC
  • Previous Owner : MASSEI AMY E
  • Previous Owner 2: OSEA MELISSA
  • Owner Before Previous Owner: QUINLAN DOROTHY
  • Owner Before Previous Owner 2: QUINLAN JOHN D
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 016001

Zoning

  • Zoning: CMX1

Geography

  • Assessors Map Reference: 019N070003
  • Account Number: 541580
  • District: WARD #31
  • Parcel: 87-1541580
  • Block: 19N70
  • Lot: 3
  • Municipality: PHILADELPHIA
  • Latitude: 39.9791
  • Longitude: -75.1228

    Address

  • Full Address: 2401 E Letterly St
  • Address - House Number: 2401
  • Street Direction: E
  • Address - Street Name: Letterly
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C019
  • 4-Digit Zip Code: 3007
  • Zip Code: 19125

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,203
  • Tax Rate Code Area: 31

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $231,000
  • First Open Lien Mortgage Lender: FIRSTRUST BANK
  • First Open Lien Mortgage Recording Date: Jun 26, 2019
  • First Open Lien Mortgage Loan Amount: $231,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $157,400
  • Market Land Value: $31,480
  • Market Improvement Value: $125,920

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $157,400
  • Assessed Land Value: $31,480
  • Assessed Improvements Value: $125,920

    Sales

  • Current Sale Contract Date: Jun 30, 2017
  • Current Sale Recording Date: Aug 08, 2017
  • Current Sale Transaction ID: 1732251778
  • Current Sale Price: $248,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53249658
  • Previous Sale Recording Date: Oct 24, 2003
  • Previous Sale Contract Date: Sep 12, 2003
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BRYN MAWR TRUST CO
  • First Mortgage Transaction Date: Aug 08, 2017
  • First Mortgage Loan Amount: $185,625
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: PORT RICHMOND SAVINGS
  • Previous Mortgage Transaction Date: Oct 24, 2003
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $90,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 2401 East Letterly Street located in?
The 2401 East Letterly Street is a located in the neighborhood of Kensington in North Philadelphia, Philadelphia.
What is the average sales price for listings in 2401 East Letterly Street?
The average sales price for units in 2401 East Letterly Street is $0 currently.

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