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2548 South Millick Street

2548 South Millick Street, Philadelphia, PA 19142
Sold Apr 13, 2021
$70,000
$63,000 by Mercmy Usil Investments Llc
Mortgage
Sold Sep 19, 2006
$36,000
2548 South Millick 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. 2548 South Millick Street has 992 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 160 ft and the linear feet between the front and back of the lot is 470. In total, the area measurement of the land is 752 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. 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, 2548 South Millick Street sold most recently in Mar 10, 2021 for a total of $70,000. If you work out the math, that's approximately a cost of $70.56 per sqft. Before that, the property was also sold for $36,000 in Sep 13, 2006. 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 $1,044 in taxes each year. The initial year of tax delinquency occurred in 2021. 2548 South Millick Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $74,600. If we break it down further, the land itself was valued at $14,900. Improvements to the property, however, were assessed at a total of $59,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 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: Average
  • Construction Type: Masonry
  • Building Style: Townhouse
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 752
  • Lot Size Depth Feet: 470
  • Lot Size Frontage Feet: 160
  • Total Building Area: 992
  • Gross Building Area: 992
  • Building Area: 992
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 992
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.017
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Common area (misc.)
  • State Land Use Code: Single family residential
  • Legal Description 1: 388 S OF ELMWOOD AVE

Ownership

  • Current Owner : ISRAEL HOUSES AND LAND LLC
  • Previous Owner : MUGANYIZI PRIMUS
  • Owner Before Previous Owner: FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 006700

Zoning

  • Zoning: RM1

Geography

  • Assessors Map Reference: 038S210087
  • Account Number: 051600
  • District: WARD #40
  • Parcel: 40-2051600
  • Block: 38S21
  • Lot: 87
  • Municipality: PHILADELPHIA
  • Latitude: 39.9254
  • Longitude: -75.2235

    Address

  • Full Address: 2548 S Millick St
  • Address - House Number: 2548
  • Street Direction: S
  • Address - Street Name: Millick
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C014
  • 4-Digit Zip Code: 3508
  • Zip Code: 19142

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,044
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 40

    Appraisal Valuation

  • Standard Deviation: 0.1219
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 86
  • Final Value: 87,540
  • High Value: 98,217
  • Low Value: 76,863

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $63,000
  • First Open Lien Mortgage Lender: MERCMY USIL INVESTMENTS LLC
  • First Open Lien Mortgage Recording Date: May 09, 2021
  • First Open Lien Mortgage Loan Amount: $63,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $74,600
  • Market Land Value: $14,900
  • Market Improvement Value: $59,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $74,600
  • Assessed Land Value: $14,900
  • Assessed Improvements Value: $59,700

    Sales

  • Current Sale Contract Date: Mar 10, 2021
  • Current Sale Recording Date: Apr 13, 2021
  • Current Sale Transaction ID: 11831885448
  • Current Sale Price: $70,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 53813561
  • Previous Sale Recording Date: Sep 19, 2006
  • Previous Sale Contract Date: Sep 13, 2006
  • Previous Sale Amount: $36,000
  • Previous Sale Document Type: Deed

About Southwest Philadelphia



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Nearby Rentals

Unit for rent at

$1,625 /mo

  • 1 Bed
  • 1 Bath
  • 750 ft²
Listing by Gaurav Gambhir
Unit for rent at

$1,600 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
Listing by Scott Keane
Unit for rent at

$1,595 /mo

  • 2 Beds
  • 1 Bath
Listing by James Decker
Unit for rent at

$1,845 /mo

  • 3 Beds
  • 1 Bath
Listing by James Decker
Unit for rent at

$1,650 /mo

  • 2 Beds
  • 2 Baths
  • 1,400 ft²
Listing by Brian Wise

Frequently Asked Questions

What neighborhood is 2548 South Millick Street located in?
The 2548 South Millick Street is a townhouse located in the neighborhood of Eastwick - Southwest Philadelphia in Southwest Philadelphia, Philadelphia.
What is the average sales price for listings in 2548 South Millick Street?
The average sales price for units in 2548 South Millick Street is $0 currently.

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