4962 North 7th Street

4962 North 7th 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 1935 and is 89 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, 4962 North 7th Street has 1,140 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 150 ft. The area measurement of the land has been determined as 1,056 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 brick. In terms of heating, it is utilizing a heating system. The property was last sold in Jul 28, 2023 for $120,000. That's $105.26 per sqft. 4962 North 7th Street was last assessed in 2023. The total value of the property was assessed at $109,200. Specifically, the land the property is located on was valued at $21,840. While improvements on the property were assessed at a total of $87,360. 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 $1,529. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!