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2613 South 7th Street

2613 South 7th Street, Philadelphia, PA 19148
Sold Dec 14, 2021
$180,000
Buyer
Seller
$144,000 by Parke Bank
Mortgage Due Oct 01, 2051
Sold Dec 21, 2016
$136,000
$100,000 by Parke Bank
Mortgage Due Jan 01, 2032
2613 South 7th 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 1929 and is 95 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2613 South 7th Street has 1,106 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 550 ft and across the front of the lot is 150 ft. The area measurement of the land has been determined as 798 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex 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 underground or in the basement for those who require parking. According to our sources, there are a total of 10 available parking spaces. 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 brick. In terms of heating, it is utilizing a hot water heating system. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer 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, 2613 South 7th Street was last sold in Sep 1, 2021 for $180,000. According to our calculations, that's $162.75 per sqft. Prior to that sales transaction, the property was sold for $136,000 in Dec 20, 2016. Current property owners are expected to pay $3,203 in taxes per year. The property on 2613 South 7th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $228,800. To break that down further, the land itself was valued at $45,760. While improvements to the property were assessed at a total of $183,040. 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: 1929
  • Effective Year Built: 1929
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: Duplex
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 10

    Dimensions

  • Lot Size Square Feet: 798
  • Lot Size Depth Feet: 550
  • Lot Size Frontage Feet: 150
  • Total Building Area: 1,106
  • Gross Building Area: 1,106
  • Building Area: 1,106
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,106
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.018
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Easement (misc.)
  • State Land Use Code: Townhouse (residential)
  • Legal Description 1: 886 S SHUNK ST

Ownership

  • Current Owner : CHEN SHIKUI
  • Previous Owner : YANG VIVIAN
  • Owner Before Previous Owner: IKRAM ZUHRA
  • Owner Before Previous Owner 2: GHUMMAN ASAD
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 004104

Zoning

  • Zoning: RSA5

Geography

  • Assessors Map Reference: 042S070110
  • Account Number: 175600
  • District: WARD #39
  • Parcel: 39-3175600
  • Block: 42S70
  • Lot: 110
  • Municipality: PHILADELPHIA
  • Latitude: 39.9163
  • Longitude: -75.1594

    Address

  • Full Address: 2613 S 7th St
  • Address - House Number: 2613
  • Street Direction: S
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C031
  • 4-Digit Zip Code: 4609
  • Zip Code: 19148

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,203
  • Tax Rate Code Area: 39

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 461,347
  • High Value: 665,405
  • Low Value: 257,288

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $144,000
  • First Open Lien Mortgage Lender: PARKE BANK
  • First Open Lien Mortgage Recording Date: Dec 14, 2021
  • First Open Lien Mortgage Loan Amount: $144,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Market Valuation

  • Market Total Value: $228,800
  • Market Land Value: $45,760
  • Market Improvement Value: $183,040

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $228,800
  • Assessed Land Value: $45,760
  • Assessed Improvements Value: $183,040

    Sales

  • Current Sale Contract Date: Sep 01, 2021
  • Current Sale Recording Date: Dec 14, 2021
  • Current Sale Transaction ID: 11876372092
  • Current Sale Price: $180,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53918176
  • Previous Sale Recording Date: Dec 21, 2016
  • Previous Sale Contract Date: Dec 20, 2016
  • Previous Sale Amount: $136,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARKE BANK
  • First Mortgage Transaction Date: Dec 14, 2021
  • First Mortgage Loan Amount: $144,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PARKE BANK
  • Previous Mortgage Transaction Date: Dec 21, 2016
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jan 01, 2032

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Frequently Asked Questions

What neighborhood is 2613 South 7th Street located in?
The 2613 South 7th Street is a located in the neighborhood of South Philadelphia East in South Philadelphia, Philadelphia.
What is the average sales price for listings in 2613 South 7th Street?
The average sales price for units in 2613 South 7th Street is $0 currently.

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