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48 North 56th Street

48 North 56th Street, Philadelphia, PA 19139
Property in Haddington
Sold Sep 17, 2014
$15,000
$5,700,000 by Colony American Finance Lender
Mortgage
Sold Jun 17, 2013
$12,000
48 North 56th 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 building has a total of 2 stories. In addition, 48 North 56th Street has 1,313 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 810 ft and across the front of the lot is 160 ft. The area measurement of the land has been determined as 1,296 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex 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 fair. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 48 North 56th Street was last sold in Sep 10, 2014 for $15,000. According to our calculations, that's $11.42 per sqft. Prior to that sales transaction, the property was sold for $12,000 in Jun 11, 2013. Current property owners are expected to pay $1,296 in taxes per year. The property on 48 North 56th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $92,600. To break that down further, the land itself was valued at $18,520. While improvements to the property were assessed at a total of $74,080. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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
  • Bedroom Count: 0
  • Building Condition: Fair
  • Construction Type: Masonry
  • Building Style: Duplex
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,296
  • Lot Size Depth Feet: 810
  • Lot Size Frontage Feet: 160
  • Total Building Area: 1,313
  • Gross Building Area: 1,313
  • Building Area: 1,313
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,313
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.03
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Common area (misc.)
  • State Land Use Code: Single family residential
  • Legal Description 1: 388 N MARKET ST

Ownership

  • Current Owner : PARKSIDE 8 LLC
  • Previous Owner : ENTERPRISE PROPERTIES LLC
  • Owner Before Previous Owner: SCIPIO MADELINE
  • Owner Before Previous Owner 2: CITY OF PHILADELPHIA
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 009400

Zoning

  • Zoning: RSA5

Geography

  • Assessors Map Reference: 061N240134
  • Account Number: 061600
  • District: WARD #04
  • Parcel: 04-2061600
  • Block: 61N24
  • Lot: 134
  • Municipality: PHILADELPHIA
  • Latitude: 39.9622
  • Longitude: -75.2329

    Address

  • Full Address: 48 N 56th St
  • Address - House Number: 48
  • Street Direction: N
  • Address - Street Name: 56th
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C005
  • 4-Digit Zip Code: 2504
  • Zip Code: 19139

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,296
  • Tax Rate Code Area: 4

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 239,096
  • High Value: 344,850
  • Low Value: 133,341

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $5,700,000
  • First Open Lien Mortgage Lender: COLONY AMERICAN FINANCE LENDER
  • First Open Lien Mortgage Recording Date: Jan 04, 2019
  • First Open Lien Mortgage Loan Amount: $5,700,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $92,600
  • Market Land Value: $18,520
  • Market Improvement Value: $74,080

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $92,600
  • Assessed Land Value: $18,520
  • Assessed Improvements Value: $74,080

    Sales

  • Current Sale Contract Date: Sep 10, 2014
  • Current Sale Recording Date: Sep 17, 2014
  • Current Sale Transaction ID: 1132215164
  • Current Sale Price: $15,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 52829190
  • Previous Sale Recording Date: Jun 17, 2013
  • Previous Sale Contract Date: Jun 11, 2013
  • Previous Sale Amount: $12,000
  • Previous Sale Document Type: Sheriff's Deed

About West Philadelphia



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Frequently Asked Questions

What neighborhood is 48 North 56th Street located in?
The 48 North 56th Street is a located in the neighborhood of Haddington in West Philadelphia, Philadelphia.
What is the average sales price for listings in 48 North 56th Street?
The average sales price for units in 48 North 56th Street is $0 currently.

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