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242 Queen Street

242 Queen Street, Philadelphia, PA 19147
Sold Dec 20, 2012
$549,000
$417,000 by Coldwell Banker Home Loans
Mortgage Due Jan 01, 2043
Sold Jun 03, 1981
$75,000
Local assessors in Philadelphia, PA have categorized 242 Queen Street as a residential type of property. The home was built in 1992 and is 32 years old. The property's lot size has been calculated to be 681 square feet. The linear feet between the front and back of the lot was measured at 450 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 townhouse style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 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 are 2 full bathrooms. There are also 2 partial bathrooms. This is a 3 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 242 Queen Street has a total of 1,350 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 fair. 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. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. The property was last sold in Nov 7, 2012 for $549,000. That's $406.67 per sqft. Prior to that sales transaction, the property was also sold in Jun 3, 1981 for $75,000. 242 Queen Street was last assessed in 2023. The total value of the property was assessed at $598,600. Specifically, the land the property is located on was valued at $119,720. While improvements on the property were assessed at a total of $478,880. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $7,259. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Construction Type: Masonry
  • Building Style: Townhouse
  • Exterior Walls Type: Brick
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 681
  • Lot Size Depth Feet: 450
  • Lot Size Frontage Feet: 150
  • Total Building Area: 1,350
  • Gross Building Area: 1,350
  • Building Area: 1,350
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,350
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.016
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Working interest
  • State Land Use Code: Single family residential
  • Legal Description 1: 414 W OF 2ND ST

Ownership

  • Current Owner : MURNANE KEVIN T
  • Current Owner 2: MURNANE MICHELE L
  • Previous Owner : HAINES STEPHEN J
  • Previous Owner 2: HAINES RUTH KAPUSTIN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 001700

Zoning

  • Zoning: RM1

Geography

  • Assessors Map Reference: 005S170202
  • Account Number: 073100
  • District: WARD #02
  • Parcel: 02-2073100
  • Block: 5S17
  • Lot: 202
  • Municipality: PHILADELPHIA
  • Latitude: 39.9371
  • Longitude: -75.1482

    Address

  • Full Address: 242 Queen St
  • Address - House Number: 242
  • Address - Street Name: Queen
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C016
  • 4-Digit Zip Code: 3319
  • Zip Code: 19147

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,259
  • Tax Rate Code Area: 2

    Appraisal Valuation

  • Standard Deviation: 0.2736
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 60
  • Final Value: 651,388
  • High Value: 829,650
  • Low Value: 473,127

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $417,000
  • First Open Lien Mortgage Lender: COLDWELL BANKER HOME LOANS
  • First Open Lien Mortgage Recording Date: Dec 20, 2012
  • First Open Lien Mortgage Loan Amount: $417,000
  • 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: Jan 01, 2043

    Market Valuation

  • Market Total Value: $598,600
  • Market Land Value: $119,720
  • Market Improvement Value: $478,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $598,600
  • Assessed Land Value: $119,720
  • Assessed Improvements Value: $478,880

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 07, 2012
  • Current Sale Recording Date: Dec 20, 2012
  • Current Sale Transaction ID: 1132072999
  • Current Sale Price: $549,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 52575635
  • Previous Sale Recording Date: Jun 03, 1981
  • Previous Sale Contract Date: Jun 03, 1981
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: COLDWELL BANKER HOME LOANS
  • First Mortgage Transaction Date: Dec 20, 2012
  • First Mortgage Loan Amount: $417,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2043

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Frequently Asked Questions

What neighborhood is 242 Queen Street located in?
The 242 Queen Street is a located in the neighborhood of Queen Village - Pennsport in South Philadelphia, Philadelphia.
What is the average sales price for listings in 242 Queen Street?
The average sales price for units in 242 Queen Street is $0 currently.

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