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2505 South 3rd Street

2505 South 3rd Street, Philadelphia, PA 19148
Sold Jan 13, 2022
$242,500
Buyer
Seller
$235,225 by Santander Bank Na
Mortgage Due Dec 01, 2051
Sold Oct 21, 2016
$160,000
$128,000 by Mcs Mortgage Bankers Inc
Mortgage Due Oct 01, 2046
2505 South 3rd Street in Philadelphia, PA was first built in 1920 and is 104 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, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 2505 South 3rd Street has 1,081 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 150 ft and the linear feet between the front and back of the lot is 550. In total, the area measurement of the land is 803 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. 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, 2505 South 3rd Street sold most recently in Nov 5, 2021 for a total of $242,500. If you work out the math, that's approximately a cost of $224.33 per sqft. Before that, the property was also sold for $160,000 in Sep 15, 2016. 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 $2,679 in taxes each year. 2505 South 3rd Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $191,400. If we break it down further, the land itself was valued at $38,280. Improvements to the property, however, were assessed at a total of $153,120. 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.

Building Features

Exterior

Masonry Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 803
  • Lot Size Depth Feet: 550
  • Lot Size Frontage Feet: 150
  • Total Building Area: 1,081
  • Gross Building Area: 1,081
  • Building Area: 1,081
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,081
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.018
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Common area (misc.)
  • State Land Use Code: Single family residential
  • Legal Description 1: 323 S PORTER ST

Ownership

  • Current Owner : HLA HYA M
  • Previous Owner : XIAO FU
  • Owner Before Previous Owner: TORRES DANIELLE
  • Owner Before Previous Owner 2: MCMAHON DANIELLE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 004202

Zoning

  • Zoning: RSA5

Geography

  • Assessors Map Reference: 034S190055
  • Account Number: 350000
  • District: WARD #39
  • Parcel: 39-1350000
  • Block: 34S19
  • Lot: 55
  • Municipality: PHILADELPHIA
  • Latitude: 39.9168
  • Longitude: -75.1524

    Address

  • Full Address: 2505 S 3rd St
  • Address - House Number: 2505
  • Street Direction: S
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C024
  • 4-Digit Zip Code: 4738
  • Zip Code: 19148

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,679
  • Tax Rate Code Area: 39

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 209,248
  • High Value: 301,800
  • Low Value: 116,695

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $235,225
  • First Open Lien Mortgage Lender: SANTANDER BANK NA
  • First Open Lien Mortgage Recording Date: Jan 13, 2022
  • First Open Lien Mortgage Loan Amount: $235,225
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $191,400
  • Market Land Value: $38,280
  • Market Improvement Value: $153,120

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $191,400
  • Assessed Land Value: $38,280
  • Assessed Improvements Value: $153,120

    Sales

  • Current Sale Contract Date: Nov 05, 2021
  • Current Sale Recording Date: Jan 13, 2022
  • Current Sale Transaction ID: 11879632850
  • Current Sale Price: $242,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53943482
  • Previous Sale Recording Date: Oct 21, 2016
  • Previous Sale Contract Date: Sep 15, 2016
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SANTANDER BANK NA
  • First Mortgage Transaction Date: Jan 13, 2022
  • First Mortgage Loan Amount: $235,225
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: MCS MORTGAGE BANKERS INC
  • Previous Mortgage Transaction Date: Oct 21, 2016
  • Previous Mortgage Loan Amount: $128,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2046

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Frequently Asked Questions

What neighborhood is 2505 South 3rd Street located in?
The 2505 South 3rd Street is a located in the neighborhood of Queen Village - Pennsport in South Philadelphia, Philadelphia.
What is the average sales price for listings in 2505 South 3rd Street?
The average sales price for units in 2505 South 3rd Street is $0 currently.

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