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2537 North Gratz Street

2537 North Gratz Street, Philadelphia, PA 19132
Sold Dec 15, 2021
$111,387
$1,029,000 by Corevest American Finance Lend
Mortgage
Sold Mar 02, 2020
$27,000
2537 North Gratz Street in Philadelphia, PA was first built in 1925 and is 99 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. 2537 North Gratz Street has 1,014 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 490. In total, the area measurement of the land is 686 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 good. 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, 2537 North Gratz Street was last sold in Aug 5, 2021 for $111,387. According to our calculations, that's $109.85 per sqft. Prior to that sales transaction, the property was sold for $27,000 in Feb 12, 2020. Current property owners are expected to pay $1,578 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2019. The property on 2537 North Gratz Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $112,700. To break that down further, the land itself was valued at $22,540. While improvements to the property were assessed at a total of $90,160. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • 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: 686
  • Lot Size Depth Feet: 490
  • Lot Size Frontage Feet: 140
  • Total Building Area: 1,014
  • Gross Building Area: 1,014
  • Building Area: 1,014
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,014
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.016
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Easement (misc.)
  • State Land Use Code: Single family residential
  • Legal Description 1: 2656 N CUMBERLAND

Ownership

  • Current Owner : PHILADELPHIA LOTUS 07B LLC
  • Previous Owner : PHILADELPHIA LOTUS 7 LLC
  • Owner Before Previous Owner: DYW DEVELOPMENT COMPANY LLC
  • 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: 016701

Zoning

  • Zoning: RSA5

Geography

  • Assessors Map Reference: 032N180254
  • Account Number: 054300
  • District: WARD #16
  • Parcel: 16-2054300
  • Block: 32N18
  • Lot: 254
  • Municipality: PHILADELPHIA
  • Latitude: 39.9926
  • Longitude: -75.1623

    Address

  • Full Address: 2537 N Gratz St
  • Address - House Number: 2537
  • Street Direction: N
  • Address - Street Name: Gratz
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C017
  • 4-Digit Zip Code: 3807
  • Zip Code: 19132

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,578
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 16

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 36,471
  • High Value: 52,602
  • Low Value: 20,339

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,029,000
  • First Open Lien Mortgage Lender: COREVEST AMERICAN FINANCE LEND
  • First Open Lien Mortgage Recording Date: Dec 15, 2021
  • First Open Lien Mortgage Loan Amount: $1,029,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $112,700
  • Market Land Value: $22,540
  • Market Improvement Value: $90,160

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $112,700
  • Assessed Land Value: $22,540
  • Assessed Improvements Value: $90,160

    Sales

  • Current Sale Contract Date: Aug 05, 2021
  • Current Sale Recording Date: Dec 15, 2021
  • Current Sale Transaction ID: 11876924379
  • Current Sale Price: $111,387
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53918611
  • Previous Sale Recording Date: Mar 02, 2020
  • Previous Sale Contract Date: Feb 12, 2020
  • Previous Sale Amount: $27,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: COREVEST AMERICAN FINANCE LEND
  • First Mortgage Transaction Date: Dec 15, 2021
  • First Mortgage Loan Amount: $1,029,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About North Philadelphia



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Nearby Rentals

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$1,900 /mo

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  • 202 ft²
Unit for rent at

$1,940 /mo

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$1,875 /mo

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$1,745 /mo

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Listing by James Decker
Unit for rent at

$1,750 /mo

  • 1 Bed
  • 1 Bath
  • 900 ft²
Listing by Liela Rushton
Unit for rent at

$1,750 /mo

  • 2 Beds
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  • 1,004 ft²
Listing by John McDonald
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$1,850 /mo

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Frequently Asked Questions

What neighborhood is 2537 North Gratz Street located in?
The 2537 North Gratz Street is a townhouse located in the neighborhood of North Philadelphia West in North Philadelphia, Philadelphia.
What is the average sales price for listings in 2537 North Gratz Street?
The average sales price for units in 2537 North Gratz Street is $0 currently.

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