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2429 Memphis Street

2429 Memphis Street, Philadelphia, PA 19125
Property in Kensington
Sold Oct 02, 2019
$360,000
$318,800 by Nationstar Mortgage Llc
Mortgage Due Jan 01, 2042
Sold Jul 13, 2017
$94,000
2429 Memphis Street in Philadelphia, PA was first built in 1875 and is 149 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2429 Memphis Street has 1,268 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 140 ft and the linear feet between the front and back of the lot is 600. In total, the area measurement of the land is 810 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2429 Memphis Street was last sold in Sep 26, 2019 for $360,000. According to our calculations, that's $283.91 per sqft. Prior to that sales transaction, the property was sold for $94,000 in Jun 13, 2017. Current property owners are expected to pay $5,011 in taxes per year. The property on 2429 Memphis Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $358,000. To break that down further, the land itself was valued at $71,600. While improvements to the property were assessed at a total of $286,400. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1875
  • Effective Year Built: 1875
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: Townhouse
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 810
  • Lot Size Depth Feet: 600
  • Lot Size Frontage Feet: 140
  • Total Building Area: 1,268
  • Gross Building Area: 1,268
  • Building Area: 1,268
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,268
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.019
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Easement (misc.)
  • State Land Use Code: Single family residential
  • Legal Description 1: 683 N OF BOSTON AVE

Ownership

  • Current Owner : MITCHELL DEREK
  • Previous Owner : LRS PROPERTIES LLC
  • Owner Before Previous Owner: FIRMAN ANDREJ
  • Owner Before Previous Owner 2: CITY OF PHILADELPHIA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 016002

Zoning

  • Zoning: RSA5

Geography

  • Assessors Map Reference: 019N080072
  • Account Number: 021400
  • District: WARD #31
  • Parcel: 31-2021400
  • Block: 19N8
  • Lot: 72
  • Municipality: PHILADELPHIA
  • Latitude: 39.9795
  • Longitude: -75.1246

    Address

  • Full Address: 2429 Memphis St
  • Address - House Number: 2429
  • Address - Street Name: Memphis
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C006
  • 4-Digit Zip Code: 2122
  • Zip Code: 19125

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,011
  • Tax Rate Code Area: 31

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 156,202
  • High Value: 225,291
  • Low Value: 87,112

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $318,800
  • First Open Lien Mortgage Lender: NATIONSTAR MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Feb 12, 2022
  • First Open Lien Mortgage Loan Amount: $318,800
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2042

    Market Valuation

  • Market Total Value: $358,000
  • Market Land Value: $71,600
  • Market Improvement Value: $286,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $358,000
  • Assessed Land Value: $71,600
  • Assessed Improvements Value: $286,400

    Sales

  • Current Sale Contract Date: Sep 26, 2019
  • Current Sale Recording Date: Oct 02, 2019
  • Current Sale Transaction ID: 11661469408
  • Current Sale Price: $360,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53572915
  • Previous Sale Recording Date: Jul 13, 2017
  • Previous Sale Contract Date: Jun 13, 2017
  • Previous Sale Amount: $94,000
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Oct 02, 2019
  • First Mortgage Loan Amount: $327,240
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2049

About North Philadelphia



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Frequently Asked Questions

What neighborhood is 2429 Memphis Street located in?
The 2429 Memphis Street is a located in the neighborhood of Kensington in North Philadelphia, Philadelphia.
What is the average sales price for listings in 2429 Memphis Street?
The average sales price for units in 2429 Memphis Street is $0 currently.

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