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2983 Mercer Street

2983 Mercer Street, Philadelphia, PA 19134
Property in Port Richmond
Refi Oct 03, 2005
Transfer
$87,000 by Paramount Mortgage Services In
Mortgage Due Jun 08, 2035
2983 Mercer 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 1920 and is 104 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 2983 Mercer Street has 766 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 700 ft and across the front of the lot is 140 ft. The area measurement of the land has been determined as 997 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. 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 rock and stone. In terms of heating, it is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $1,195 in taxes per year. The property on 2983 Mercer Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $165,400. To break that down further, the land itself was valued at $33,080. While improvements to the property were assessed at a total of $132,320. 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: 1920
  • Effective Year Built: 1920
  • 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: Rock and stone
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 997
  • Lot Size Depth Feet: 700
  • Lot Size Frontage Feet: 140
  • Total Building Area: 766
  • Gross Building Area: 766
  • Building Area: 766
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 766
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.023
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Easement (misc.)
  • State Land Use Code: Single family residential
  • Legal Description 1: 245 N OF ANN ST

Ownership

  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 018002

Zoning

  • Zoning: RSA5

Geography

  • Assessors Map Reference: 022N200142
  • Account Number: 266600
  • District: WARD #25
  • Parcel: 25-1266600
  • Block: 22N20
  • Lot: 142
  • Municipality: PHILADELPHIA
  • Latitude: 39.9824
  • Longitude: -75.1083

    Address

  • Full Address: 2983 Mercer St
  • Address - House Number: 2983
  • Address - Street Name: Mercer
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C025
  • 4-Digit Zip Code: 4906
  • Zip Code: 19134

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,195
  • Tax Rate Code Area: 25

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 357,891
  • High Value: 516,189
  • Low Value: 199,592

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $87,000
  • First Open Lien Mortgage Lender: PARAMOUNT MORTGAGE SERVICES IN
  • First Open Lien Mortgage Recording Date: Oct 03, 2005
  • First Open Lien Mortgage Loan Amount: $87,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Jun 08, 2035

    Market Valuation

  • Market Total Value: $165,400
  • Market Land Value: $33,080
  • Market Improvement Value: $132,320

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $165,400
  • Assessed Land Value: $33,080
  • Assessed Improvements Value: $132,320

    Exemptions

  • Homeowner Exemption: Yes

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Frequently Asked Questions

What neighborhood is 2983 Mercer Street located in?
The 2983 Mercer Street is a located in the neighborhood of Port Richmond in North Philadelphia, Philadelphia.
What is the average sales price for listings in 2983 Mercer Street?
The average sales price for units in 2983 Mercer Street is $0 currently.

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