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2520 South Hancock Street

2520 South Hancock Street, Philadelphia, PA 19148
Sold Apr 02, 2013
$153,000
Buyer
Seller
$104,500 by Guaranteed Rate Inc
Mortgage Due Apr 01, 2028
Sold Apr 18, 2005
$47,000
$47,108 by Citizens Mortgage Corp
Mortgage Due May 01, 2035
2520 South Hancock Street has been categorized by the local assessors in Philadelphia, PA as a residential type of property. The building on the property was first built in 1982 and is 42 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 2520 South Hancock Street has 1,750 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 490 ft and across the front of the lot is 310 ft. The area measurement of the land has been determined as 1,479 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there is one available parking space. 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 alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it 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, 2520 South Hancock Street sold most recently in Mar 26, 2013 for a total of $153,000. If you work out the math, that's approximately a cost of $87.43 per sqft. Before that, the property was also sold for $47,000 in Mar 30, 2005. 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 $2,924 in taxes each year. 2520 South Hancock Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $288,900. If we break it down further, the land itself was valued at $57,780. Improvements to the property, however, were assessed at a total of $231,120. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,479
  • Lot Size Depth Feet: 490
  • Lot Size Frontage Feet: 310
  • Total Building Area: 1,750
  • Gross Building Area: 1,750
  • Building Area: 1,750
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,750
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TURNKEY III HOMEOWNERSHIP HSNG
  • Land Acres: 0.034
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Homestead (misc.)
  • State Land Use Code: Single family residential

Ownership

  • Current Owner : CHEN ANGELA
  • Previous Owner : HAYES SYLVIA
  • Owner Before Previous Owner: PHILADELPHIA HOUSING AUTHORITY
  • 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: 033S240246
  • Account Number: 264940
  • District: WARD #39
  • Parcel: 39-1264940
  • Latitude: 39.9158
  • Longitude: -75.1508

    Address

  • Full Address: 2520 S Hancock St
  • Address - House Number: 2520
  • Street Direction: S
  • Address - Street Name: Hancock
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C035
  • 4-Digit Zip Code: 4724
  • Zip Code: 19148

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,924
  • Tax Rate Code Area: 39

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 559,418
  • High Value: 806,854
  • Low Value: 311,981

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $104,500
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Apr 02, 2013
  • First Open Lien Mortgage Loan Amount: $104,500
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2028

    Market Valuation

  • Market Total Value: $288,900
  • Market Land Value: $57,780
  • Market Improvement Value: $231,120

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $288,900
  • Assessed Land Value: $57,780
  • Assessed Improvements Value: $231,120

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 26, 2013
  • Current Sale Recording Date: Apr 02, 2013
  • Current Sale Transaction ID: 1150746413
  • Current Sale Price: $153,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 52618880
  • Previous Sale Recording Date: Apr 18, 2005
  • Previous Sale Contract Date: Mar 30, 2005
  • Previous Sale Amount: $47,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Apr 02, 2013
  • First Mortgage Loan Amount: $104,500
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Apr 01, 2028

    Previous Mortgages

  • Previous Mortgage Lender: CITIZENS MORTGAGE CORP
  • Previous Mortgage Transaction Date: Apr 18, 2005
  • Previous Mortgage Loan Amount: $47,108
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2035

About South Philadelphia



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Frequently Asked Questions

What neighborhood is 2520 South Hancock Street located in?
The 2520 South Hancock Street is a located in the neighborhood of Queen Village - Pennsport in South Philadelphia, Philadelphia.
What is the average sales price for listings in 2520 South Hancock Street?
The average sales price for units in 2520 South Hancock Street is $0 currently.

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