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431 West Berks Street

431 West Berks Street, Philadelphia, PA 19122
1 Units For Sale
Unit for sale at 431 W BERKS ST, PHILADELPHIA, PA 19122

$599,000

  • Studio
431 W BERKS ST, PHILADELPHIA, PA 19122 Listing by Elan Elkaim

431 West Berks 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 2018 and is 6 years old. The home has a total of 4 bedrooms. The building has a total of 3 stories. In addition, 431 West Berks Street has 2,184 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 580 ft and across the front of the lot is 140 ft. The area measurement of the land has been determined as 824 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a modern 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 unknown. 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 brick control joints. 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. The building on the property is connected to a sewer system. The property was last sold in Feb 6, 2024 for $570,000. That's $260.99 per sqft. Prior to that sales transaction, the property was also sold in Nov 9, 2016 for $27,000. 431 West Berks Street was last assessed in 2023. The total value of the property was assessed at $610,000. Specifically, the land the property is located on was valued at $122,000. While improvements on the property were assessed at a total of $488,000. 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 $1,470. 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.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 4
  • Construction Type: Brick
  • Building Style: Modern
  • Floor Count: 3
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 824
  • Lot Size Depth Feet: 580
  • Lot Size Frontage Feet: 140
  • Total Building Area: 2,184
  • Gross Building Area: 2,184
  • Building Area: 2,184
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,184
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.019
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Royalty interest
  • Legal Description 1: 732 3/8 W LAWRENCE

Ownership

  • Current Owner : KIM JUMI
  • Previous Owner : V2 PROPERTIES ENTITY 7 LLC
  • Owner Before Previous Owner: FISHMAN JACOB M
  • Owner Before Previous Owner 2: DRELICH EMMETT I
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 015600

Zoning

  • Zoning: RM1

Geography

  • Assessors Map Reference: 015N240118
  • Account Number: 187700
  • District: WARD #18
  • Parcel: 18-3187700
  • Block: 15N23
  • Lot: 118
  • Municipality: PHILADELPHIA
  • Latitude: 39.98
  • Longitude: -75.1423

    Address

  • Full Address: 431 W Berks St
  • Address - House Number: 431
  • Street Direction: W
  • Address - Street Name: Berks
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C022
  • 4-Digit Zip Code: 2220
  • Zip Code: 19122

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,470
  • Tax Rate Code Area: 18

    Appraisal Valuation

  • Standard Deviation: 0.1217
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 86
  • Final Value: 590,962
  • High Value: 662,923
  • Low Value: 519,000

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $559,675
  • First Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Open Lien Mortgage Recording Date: Mar 08, 2024
  • First Open Lien Mortgage Loan Amount: $559,675
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2054

    Market Valuation

  • Market Total Value: $610,000
  • Market Land Value: $122,000
  • Market Improvement Value: $488,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $610,000
  • Assessed Land Value: $122,000
  • Assessed Improvements Value: $488,000

    Sales

  • Current Sale Contract Date: Feb 06, 2024
  • Current Sale Recording Date: Mar 08, 2024
  • Current Sale Transaction ID: 11922177837
  • Current Sale Price: $570,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 54277401
  • Previous Sale Recording Date: Dec 05, 2016
  • Previous Sale Contract Date: Nov 09, 2016
  • Previous Sale Amount: $27,000
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Mortgage Transaction Date: Mar 08, 2024
  • First Mortgage Loan Amount: $559,675
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2054

About North Philadelphia



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Frequently Asked Questions

What neighborhood is 431 West Berks Street located in?
The 431 West Berks Street is a located in the neighborhood of North Philadelphia East in North Philadelphia, Philadelphia.
How many listings are currently for sale in 431 West Berks Street?
There is a listing currently on the market for sale.
What is the average sales price for listings in 431 West Berks Street?
The average sales price for units in 431 West Berks Street is $599,000 currently.

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