2421 North 56th Street

Local assessors in Philadelphia, PA have categorized 2421 North 56th Street as a residential type of property. The home was built in 1925 and is 99 years old. The property's lot size has been calculated to be 10,547 square feet. The linear feet between the front and back of the lot was measured at 2,540 ft and the front of the lot was measured at 420 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. 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 2421 North 56th Street has a total of 3,140 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 rock and stone were used in the construction of the exterior walls of the home. 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, 2421 North 56th Street sold most recently in Aug 26, 2020 for a total of $400,000. If you work out the math, that's approximately a cost of $127.39 per sqft. Before that, the property was also sold for $175,000 in Apr 21, 2006. 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 $4,176 in taxes each year. 2421 North 56th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $298,300. If we break it down further, the land itself was valued at $59,600. Improvements to the property, however, were assessed at a total of $238,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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.