242 South Street

242 South Street has been categorized by the local assessors in Philadelphia, PA as a commercial type of property. The building on the property was first built in 1900 and is 124 years old. The building has a total of 3 stories. In addition, 242 South Street has 1,440 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 400 ft and across the front of the lot is 150 ft. The area measurement of the land has been determined as 613 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown 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. Moving on to the building itself. The condition of the building has been evaluated as average. 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. Finally, the property is currently sourcing its water from a water system. The property was last sold in Jan 11, 2013 for $300,000. That's $208.33 per sqft. 242 South Street was last assessed in 2023. The total value of the property was assessed at $339,700. Specifically, the land the property is located on was valued at $67,946. While improvements on the property were assessed at a total of $271,754. 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 $4,755. 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.