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2516 Frankford Avenue

2516 Frankford Avenue, Philadelphia, PA 19125
Multifamily in Kensington
1 Units For Sale
Unit for sale at 2516 FRANKFORD, PHILADELPHIA, PA 19125

$795,000

  • Studio
2516 FRANKFORD, PHILADELPHIA, PA 19125 Listing by Richard Cassell

2516 Frankford Avenue has been categorized by the local assessors in Philadelphia, PA as a unknown type of property. The building on the property was first built in 1875 and is 149 years old. Residents will have access to 3 full bathrooms. The building has a total of 3 stories. In addition, 2516 Frankford Avenue has 2,555 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 880 ft and across the front of the lot is 180 ft. The area measurement of the land has been determined as 1,584 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

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 unknown. 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 unknown control joints. The exterior walls of the building are made of unknown. In terms of heating, it is utilizing unknown. Finally, the property is currently sourcing its water from unknown 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, 2516 Frankford Avenue was last sold in Jul 17, 2017 for $335,000. According to our calculations, that's $131.12 per sqft. Current property owners are expected to pay $3,912 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2018. The property on 2516 Frankford Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $279,500. To break that down further, the land itself was valued at $55,900. While improvements to the property were assessed at a total of $223,600. 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. 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.

Building Features

Exterior

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

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210114
01/14/2021
Studio
-
2555 ft²
$649,000
bedrooms
Studio
bathrooms
-
square feet
2555 ft²
-
-
-
-
20200122
01/22/2020
Studio
-
2555 ft²
$799,000
bedrooms
Studio
bathrooms
-
square feet
2555 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1875
  • Effective Year Built: 1875
  • Building Count: 1
  • Bedroom Count: 0
  • Full Bathrooms: 3
  • Floor Count: 3
  • Business/Commerical Units Count: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,584
  • Lot Size Depth Feet: 880
  • Lot Size Frontage Feet: 180
  • Total Building Area: 2,555
  • Gross Building Area: 2,555
  • Building Area: 2,555
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,555
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: FISHTOWN
  • Land Acres: 0.036
  • Legal Description 1: 1325 NE CUMBERLAND

Ownership

  • Current Owner : 2516 FRANKFORD AVE LLC
  • Previous Owner : SCHWEIZER PAUL
  • Previous Owner 2: SCHWEIZER CATHERINE
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 016100

Zoning

  • Zoning: CMX2

Geography

  • Assessors Map Reference: 020N030023
  • Account Number: 142200
  • District: WARD #31
  • Parcel: 87-1142200
  • Block: 20N3
  • Lot: 23
  • Municipality: PHILADELPHIA
  • Latitude: 39.9838
  • Longitude: -75.1256

    Address

  • Full Address: 2516 Frankford Ave
  • Address - House Number: 2516
  • Address - Street Name: Frankford
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C007
  • 4-Digit Zip Code: 1709
  • Zip Code: 19125

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,912
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: 31

    Market Valuation

  • Market Total Value: $279,500
  • Market Land Value: $55,900
  • Market Improvement Value: $223,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $279,500
  • Assessed Land Value: $55,900
  • Assessed Improvements Value: $223,600

    Sales

  • Current Sale Contract Date: Jul 17, 2017
  • Current Sale Recording Date: Jul 27, 2017
  • Current Sale Transaction ID: 1731710770
  • Current Sale Price: $335,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 53243634

    Last Sale Mortgage

  • First Mortgage Lender: CREDIT UNION OF NEW JERSEY
  • First Mortgage Transaction Date: Jul 27, 2017
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown

About North Philadelphia



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Frequently Asked Questions

What neighborhood is 2516 Frankford Avenue located in?
The 2516 Frankford Avenue is a multifamily located in the neighborhood of Kensington in North Philadelphia, Philadelphia.
How many listings are currently for sale in 2516 Frankford Avenue?
There is a listing currently on the market for sale.
What is the average sales price for listings in 2516 Frankford Avenue?
The average sales price for units in 2516 Frankford Avenue is $795,000 currently.

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