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2942 Kip Street

2942 Kip Street, Philadelphia, PA 19134
Townhouse in Fairhill
Sold Aug 13, 2019
$30,000
Buyer
Seller
$300,000 by Bil-man Asset Management Llc
Mortgage
Sold May 20, 2014
$29,000
Buyer
Seller
2942 Kip Street in Philadelphia, PA was first built in 1935 and is 89 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. 2942 Kip Street has 1,054 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 700. In total, the area measurement of the land is 952 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. As for heating, the home is utilizing a heating system. The property was last sold in Jul 23, 2019 for $30,000. That's $28.46 per sqft. Prior to that sales transaction, the property was also sold in May 14, 2014 for $29,000. 2942 Kip Street was last assessed in 2023. The total value of the property was assessed at $61,700. Specifically, the land the property is located on was valued at $12,340. While improvements on the property were assessed at a total of $49,360. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $864. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. 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: 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: 952
  • Lot Size Depth Feet: 700
  • Lot Size Frontage Feet: 140
  • Total Building Area: 1,054
  • Gross Building Area: 1,054
  • Building Area: 1,054
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,054
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.022
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Easement (misc.)
  • State Land Use Code: Single family residential
  • Legal Description 1: 348 N CAMBRIA ST

Ownership

  • Current Owner : LFTN7 LLC
  • Previous Owner : PURI PAWAN
  • Owner Before Previous Owner: REY WENDY
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 017602

Zoning

  • Zoning: RSA5

Geography

  • Assessors Map Reference: 036N090032
  • Account Number: 385000
  • District: WARD #07
  • Parcel: 07-1385000
  • Block: 36N9
  • Lot: 32
  • Municipality: PHILADELPHIA
  • Latitude: 39.9946
  • Longitude: -75.127

    Address

  • Full Address: 2942 Kip St
  • Address - House Number: 2942
  • Address - Street Name: Kip
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C037
  • 4-Digit Zip Code: 2824
  • Zip Code: 19134

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $864
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 188,674
  • High Value: 272,126
  • Low Value: 105,221

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: BIL-MAN ASSET MANAGEMENT LLC
  • First Open Lien Mortgage Recording Date: Apr 05, 2022
  • First Open Lien Mortgage Loan Amount: $300,000
  • 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: $61,700
  • Market Land Value: $12,340
  • Market Improvement Value: $49,360

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $61,700
  • Assessed Land Value: $12,340
  • Assessed Improvements Value: $49,360

    Sales

  • Current Sale Contract Date: Jul 23, 2019
  • Current Sale Recording Date: Aug 13, 2019
  • Current Sale Transaction ID: 11637641432
  • Current Sale Price: $30,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53550421
  • Previous Sale Recording Date: May 20, 2014
  • Previous Sale Contract Date: May 14, 2014
  • Previous Sale Amount: $29,000
  • Previous Sale Document Type: Deed

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Frequently Asked Questions

What neighborhood is 2942 Kip Street located in?
The 2942 Kip Street is a townhouse located in the neighborhood of Fairhill in North Philadelphia, Philadelphia.
What is the average sales price for listings in 2942 Kip Street?
The average sales price for units in 2942 Kip Street is $0 currently.

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