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2845 South Marvine Street

2845 South Marvine Street, Philadelphia, PA 19148
Sold Apr 24, 2018
$305,000
$244,000 by Parke Bank
Mortgage Due May 01, 2048
Sold Feb 26, 2009
$145,000
$108,700 by Provident Funding Group Inc
Mortgage Due Mar 01, 2024
2845 South Marvine 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 1950 and is 74 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as 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, 2845 South Marvine Street has 1,140 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 630 ft and across the front of the lot is 140 ft. The area measurement of the land has been determined as 901 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 underground or in the basement 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 brick. 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, 2845 South Marvine Street sold most recently in Apr 19, 2018 for a total of $305,000. If you work out the math, that's approximately a cost of $267.54 per sqft. Before that, the property was also sold for $145,000 in Feb 20, 2009. 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 $4,452 in taxes each year. 2845 South Marvine Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $330,000. If we break it down further, the land itself was valued at $66,000. Improvements to the property, however, were assessed at a total of $264,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: Townhouse
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 901
  • Lot Size Depth Feet: 630
  • Lot Size Frontage Feet: 140
  • Total Building Area: 1,140
  • Gross Building Area: 1,140
  • Building Area: 1,140
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,140
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.021
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Common area (misc.)
  • State Land Use Code: Single family residential
  • Legal Description 1: 3551 S OF JOHNSTON

Ownership

  • Current Owner : WANG WEN BIN
  • Current Owner 2: LIU XIAOHUI
  • Previous Owner : LIN RENSHUI
  • Previous Owner 2: CHEN HONG XIA
  • Owner Before Previous Owner: HSBC MORTGAGE SERVICES INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 037200

Zoning

  • Zoning: RSA5

Geography

  • Assessors Map Reference: 044S010075
  • Account Number: 306000
  • District: WARD #39
  • Parcel: 39-5306000
  • Block: 44S1
  • Lot: 75
  • Municipality: PHILADELPHIA
  • Latitude: 39.9138
  • Longitude: -75.1672

    Address

  • Full Address: 2845 S Marvine St
  • Address - House Number: 2845
  • Street Direction: S
  • Address - Street Name: Marvine
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C029
  • 4-Digit Zip Code: 4920
  • Zip Code: 19148

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,452
  • Tax Rate Code Area: 39

    Appraisal Valuation

  • Standard Deviation: 0.2904
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 41
  • Final Value: 354,039
  • High Value: 456,851
  • Low Value: 251,226

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $244,000
  • First Open Lien Mortgage Lender: PARKE BANK
  • First Open Lien Mortgage Recording Date: Apr 24, 2018
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $244,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: May 01, 2048

    Market Valuation

  • Market Total Value: $330,000
  • Market Land Value: $66,000
  • Market Improvement Value: $264,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $330,000
  • Assessed Land Value: $66,000
  • Assessed Improvements Value: $264,000

    Sales

  • Current Sale Contract Date: Apr 19, 2018
  • Current Sale Recording Date: Apr 24, 2018
  • Current Sale Transaction ID: 11457207241
  • Current Sale Price: $305,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53355199
  • Previous Sale Recording Date: Feb 26, 2009
  • Previous Sale Contract Date: Feb 20, 2009
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARKE BANK
  • First Mortgage Transaction Date: Apr 24, 2018
  • First Mortgage Loan Amount: $244,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: May 01, 2048

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: PROVIDENT FUNDING GROUP INC
  • Previous Mortgage Transaction Date: Feb 26, 2009
  • Previous Mortgage Loan Amount: $108,700
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Mar 01, 2024

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Frequently Asked Questions

What neighborhood is 2845 South Marvine Street located in?
The 2845 South Marvine Street is a located in the neighborhood of South Philadelphia East in South Philadelphia, Philadelphia.
What is the average sales price for listings in 2845 South Marvine Street?
The average sales price for units in 2845 South Marvine Street is $0 currently.

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