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407 Forest Hills Avenue

407 Forest Hills Avenue, Philadelphia, PA 19116
Property in Somerton
Sold Aug 05, 1996
$127,000
$293,000 by Lighthouse Mortgage Service Co
Mortgage Due Feb 01, 2036
407 Forest Hills Avenue 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 1967 and is 57 years old. The building has a total of 2 stories. In addition, 407 Forest Hills Avenue has 1,100 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 1,140 ft and across the front of the lot is 580 ft. The area measurement of the land has been determined as 6,555 square feet.

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 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 property was last sold in Apr 19, 1996 for $127,000. That's $115.45 per sqft. 407 Forest Hills Avenue was last assessed in 2023. The total value of the property was assessed at $289,200. Specifically, the land the property is located on was valued at $57,840. While improvements on the property were assessed at a total of $231,360. 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 $2,928. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Construction Type: Masonry
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,555
  • Lot Size Depth Feet: 1,140
  • Lot Size Frontage Feet: 580
  • Total Building Area: 1,100
  • Gross Building Area: 1,100
  • Building Area: 1,100
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,100
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • State Land Use Code: Single family residential
  • Legal Description 1: 6757 7/8 NE ERWIN

Ownership

  • Current Owner : CAMPELLONE MICHAEL B
  • Current Owner 2: SOLT CHRISTINE A
  • Previous Owner : WALSH EDWARD J
  • Previous Owner 2: WALSH ELIZABETH A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 036501

Zoning

  • Zoning: RSD3

Geography

  • Assessors Map Reference: 156N15 75
  • Account Number: 029600
  • District: WARD #58
  • Parcel: 58-3029600
  • Block: 156N1
  • Lot: 75
  • Municipality: PHILADELPHIA
  • Latitude: 40.1332
  • Longitude: -75.0161

    Address

  • Full Address: 407 Forest Hills Ave
  • Address - House Number: 407
  • Address - Street Name: Forest Hills
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C002
  • 4-Digit Zip Code: 1011
  • Zip Code: 19116

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,928
  • Tax Rate Code Area: 58

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 559,907
  • High Value: 807,559
  • Low Value: 312,254

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $293,000
  • First Open Lien Mortgage Lender: LIGHTHOUSE MORTGAGE SERVICE CO
  • First Open Lien Mortgage Recording Date: Feb 18, 2006
  • First Open Lien Mortgage Loan Amount: $293,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2036

    Market Valuation

  • Market Total Value: $289,200
  • Market Land Value: $57,840
  • Market Improvement Value: $231,360

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $289,200
  • Assessed Land Value: $57,840
  • Assessed Improvements Value: $231,360

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 19, 1996
  • Current Sale Recording Date: Aug 05, 1996
  • Current Sale Transaction ID: 1095753396
  • Current Sale Price: $127,000
  • Current Sale Document Type: Deed

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Frequently Asked Questions

What neighborhood is 407 Forest Hills Avenue located in?
The 407 Forest Hills Avenue is a located in the neighborhood of Somerton in Northeast Philadelphia, Philadelphia.
What is the average sales price for listings in 407 Forest Hills Avenue?
The average sales price for units in 407 Forest Hills Avenue is $0 currently.

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