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4989 Pennway Street

4989 Pennway Street, Philadelphia, PA 19124
Townhouse in Lawncrest
Sold Dec 20, 2018
$145,000
$123,250 by Lafayette American Bank
Mortgage Due Jan 01, 2049
Sold Jun 08, 2018
$59,900
$86,900 by Lendinghome Funding Corp
Mortgage
4989 Pennway Street in Philadelphia, PA was first built in 1940 and is 84 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 4989 Pennway Street has 1,120 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 160 ft and the linear feet between the front and back of the lot is 890. In total, the area measurement of the land is 1,420 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage underground or in the basement. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The condition of the building has been evaluated as good. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a hot water heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 4989 Pennway Street sold most recently in Dec 5, 2018 for a total of $145,000. If you work out the math, that's approximately a cost of $129.46 per sqft. Before that, the property was also sold for $59,900 in Apr 3, 2018. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,489 in taxes each year. 4989 Pennway Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $177,800. If we break it down further, the land itself was valued at $35,560. Improvements to the property, however, were assessed at a total of $142,240. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Construction Type: Masonry
  • Building Style: Townhouse
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,420
  • Lot Size Depth Feet: 890
  • Lot Size Frontage Feet: 160
  • Total Building Area: 1,120
  • Gross Building Area: 1,120
  • Building Area: 1,120
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 1,120
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.033
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Homestead (misc.)
  • State Land Use Code: Single family residential
  • Legal Description 1: 384 1/8 NE OF CL OF

Ownership

  • Current Owner : SANTIAGO DAVID
  • Current Owner 2: SANTIAGO DAVID M
  • Previous Owner : LEMSES PROPERTY MANAGEMENT LLC
  • Owner Before Previous Owner: LARKE BRAHEEM D
  • Owner Before Previous Owner 2: LARKE ALBERT
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 029200

Zoning

  • Zoning: RM1

Geography

  • Assessors Map Reference: 157N050087
  • Account Number: 109600
  • District: WARD #23
  • Parcel: 23-3109600
  • Block: 157N5
  • Lot: 87
  • Municipality: PHILADELPHIA
  • Latitude: 40.0244
  • Longitude: -75.1085

    Address

  • Full Address: 4989 Pennway St
  • Address - House Number: 4989
  • Address - Street Name: Pennway
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C039
  • 4-Digit Zip Code: 3505
  • Zip Code: 19124

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,489
  • Tax Rate Code Area: 23

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 161,872
  • High Value: 233,469
  • Low Value: 90,274

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $123,250
  • First Open Lien Mortgage Lender: LAFAYETTE AMERICAN BANK
  • First Open Lien Mortgage Recording Date: Dec 20, 2018
  • First Open Lien Mortgage Loan Amount: $123,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2049

    Market Valuation

  • Market Total Value: $177,800
  • Market Land Value: $35,560
  • Market Improvement Value: $142,240

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $177,800
  • Assessed Land Value: $35,560
  • Assessed Improvements Value: $142,240

    Sales

  • Current Sale Contract Date: Dec 05, 2018
  • Current Sale Recording Date: Dec 20, 2018
  • Current Sale Transaction ID: 11544096154
  • Current Sale Price: $145,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53456740
  • Previous Sale Recording Date: Jun 08, 2018
  • Previous Sale Contract Date: Apr 03, 2018
  • Previous Sale Amount: $59,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LAFAYETTE AMERICAN BANK
  • First Mortgage Transaction Date: Dec 20, 2018
  • First Mortgage Loan Amount: $123,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: LENDINGHOME FUNDING CORP
  • Previous Mortgage Transaction Date: Jun 08, 2018
  • Previous Mortgage Loan Amount: $86,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

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Frequently Asked Questions

What neighborhood is 4989 Pennway Street located in?
The 4989 Pennway Street is a townhouse located in the neighborhood of Lawncrest in Northeast Philadelphia, Philadelphia.
What is the average sales price for listings in 4989 Pennway Street?
The average sales price for units in 4989 Pennway Street is $0 currently.

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