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507 Parlin Street

507 Parlin Street, Philadelphia, PA 19116
Property in Bustleton
Sold Nov 02, 2018
$218,000
$158,000 by United Wholesale Mortgage
Mortgage Due Nov 01, 2048
Sold Feb 26, 2007
$100,000
Local assessors in Philadelphia, PA have categorized 507 Parlin Street as a residential type of property. The home was built in 1960 and is 64 years old. The property's lot size has been calculated to be 2,650 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 270 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 507 Parlin Street has a total of 1,440 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage underground or in the basement for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Lots of brick were used in the construction of the exterior walls of the home. 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, 507 Parlin Street was last sold in Oct 19, 2018 for $218,000. According to our calculations, that's $151.39 per sqft. Prior to that sales transaction, the property was sold for $100,000 in Feb 11, 2007. Current property owners are expected to pay $2,492 in taxes per year. The property on 507 Parlin Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $258,000. To break that down further, the land itself was valued at $51,600. While improvements to the property were assessed at a total of $206,400. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: Duplex
  • 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: 2,650
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 270
  • Total Building Area: 1,440
  • Gross Building Area: 1,440
  • Building Area: 1,440
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,440
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WELSH ROAD ENTERPRISES INC
  • Land Acres: 0.061
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Parcels with improvements, use not specified
  • State Land Use Code: Single family residential
  • Legal Description 1: 2293 NW PA

Ownership

  • Current Owner : NI XIAO YUN
  • Current Owner 2: LI JIE YING
  • Previous Owner : FIRDOUS ASMA
  • Owner Before Previous Owner: CHAUDHRY LUBNA
  • Owner Before Previous Owner 2: CHAUDHRY FAISAL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 035701

Zoning

  • Zoning: RSA3

Geography

  • Assessors Map Reference: 153N210335
  • Account Number: 057800
  • District: WARD #58
  • Parcel: 58-2057800
  • Block: 153N2
  • Lot: 335
  • Municipality: PHILADELPHIA
  • Latitude: 40.1125
  • Longitude: -75.0291

    Address

  • Full Address: 507 Parlin St
  • Address - House Number: 507
  • Address - Street Name: Parlin
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C032
  • 4-Digit Zip Code: 3334
  • Zip Code: 19116

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,492
  • Tax Rate Code Area: 58

    Appraisal Valuation

  • Standard Deviation: 0.2739
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 60
  • Final Value: 343,104
  • High Value: 437,105
  • Low Value: 249,102

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $158,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 02, 2018
  • First Open Lien Mortgage Loan Amount: $158,000
  • 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: Nov 01, 2048

    Market Valuation

  • Market Total Value: $258,000
  • Market Land Value: $51,600
  • Market Improvement Value: $206,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $258,000
  • Assessed Land Value: $51,600
  • Assessed Improvements Value: $206,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 19, 2018
  • Current Sale Recording Date: Nov 02, 2018
  • Current Sale Transaction ID: 11529566602
  • Current Sale Price: $218,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53438122
  • Previous Sale Recording Date: Feb 26, 2007
  • Previous Sale Contract Date: Feb 11, 2007
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Nov 02, 2018
  • First Mortgage Loan Amount: $158,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2048

About Northeast Philadelphia



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Frequently Asked Questions

What neighborhood is 507 Parlin Street located in?
The 507 Parlin Street is a located in the neighborhood of Bustleton in Northeast Philadelphia, Philadelphia.
What is the average sales price for listings in 507 Parlin Street?
The average sales price for units in 507 Parlin Street is $0 currently.

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