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2602 South Hobson Street

2602 South Hobson Street, Philadelphia, PA 19142
Sold May 15, 2001
$40,000
$3,259 by Secretary Of Housing And Urban
Mortgage Due Jul 01, 2045
Local assessors in Philadelphia, PA have categorized 2602 South Hobson Street as a residential type of property. The home was built in 1935 and is 89 years old. The property's lot size has been calculated to be 1,112 square feet. The linear feet between the front and back of the lot was measured at 700 ft and the front of the lot was measured at 160 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2602 South Hobson Street has a total of 960 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Lots of brick were used in the construction of the exterior walls of the home. The home's a heating system is the primary heating source. 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, 2602 South Hobson Street was last sold in Apr 26, 2001 for $40,000. According to our calculations, that's $41.67 per sqft. Current property owners are expected to pay $490 in taxes per year. The property on 2602 South Hobson Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $80,000. To break that down further, the land itself was valued at $16,000. While improvements to the property were assessed at a total of $64,000. 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. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • 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: 1,112
  • Lot Size Depth Feet: 700
  • Lot Size Frontage Feet: 160
  • Total Building Area: 960
  • Gross Building Area: 960
  • Building Area: 960
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 960
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.026
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Homestead (misc.)
  • State Land Use Code: Single family residential
  • Legal Description 1: 166 S OF BUIST AVE

Ownership

  • Current Owner : BUTLER ROSE M
  • Previous Owner : PILSON BEVERLY ANN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 006200

Zoning

  • Zoning: RM1

Geography

  • Assessors Map Reference: 042S110147
  • Account Number: 087500
  • District: WARD #40
  • Parcel: 40-6087500
  • Block: 42S11
  • Lot: 147
  • Municipality: PHILADELPHIA
  • Latitude: 39.9183
  • Longitude: -75.2325

    Address

  • Full Address: 2602 S Hobson St
  • Address - House Number: 2602
  • Street Direction: S
  • Address - Street Name: Hobson
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C013
  • 4-Digit Zip Code: 2722
  • Zip Code: 19142

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $490
  • Tax Rate Code Area: 40

    Appraisal Valuation

  • Standard Deviation: 0.2904
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 53
  • Final Value: 161,491
  • High Value: 212,711
  • Low Value: 110,271

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $4,666
  • First Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • First Open Lien Mortgage Recording Date: Nov 14, 2022
  • First Open Lien Mortgage Loan Amount: $3,259
  • First Open Lien Mortgage Term: 271
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2045
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Mar 05, 2024
  • Second Open Lien Mortgage Loan Amount: $1,407
  • Second Open Lien Mortgage Term: 255
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2045

    Market Valuation

  • Market Total Value: $80,000
  • Market Land Value: $16,000
  • Market Improvement Value: $64,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $80,000
  • Assessed Land Value: $16,000
  • Assessed Improvements Value: $64,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 26, 2001
  • Current Sale Recording Date: May 15, 2001
  • Current Sale Transaction ID: 1093608943
  • Current Sale Price: $40,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 50255709

    Last Sale Mortgage

  • First Mortgage Lender: BOULEVARD MTG
  • First Mortgage Transaction Date: May 15, 2001
  • First Mortgage Loan Amount: $40,092
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2031

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Frequently Asked Questions

What neighborhood is 2602 South Hobson Street located in?
The 2602 South Hobson Street is a located in the neighborhood of Eastwick - Southwest Philadelphia in Southwest Philadelphia, Philadelphia.
What is the average sales price for listings in 2602 South Hobson Street?
The average sales price for units in 2602 South Hobson Street is $0 currently.

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