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517 East Washington Lane

517 East Washington Lane, Philadelphia, PA 19144
Townhouse in East Germantown
Sold Aug 31, 2005
$235,000
$167,000 by Philadelphia Financial Mortgag
Mortgage Due Sep 01, 2035
Sold Mar 29, 2005
$40,000
517 East Washington Lane in Philadelphia, PA was first built in 1920 and is 104 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 duplex style. There are a total of 3 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 517 East Washington Lane has 2,475 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 220 ft and the linear feet between the front and back of the lot is 2,950. In total, the area measurement of the land is 6,490 square feet.

Learn more about the property and building on this page. 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 average. The exterior walls of the home are made of brick. 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, 517 East Washington Lane sold most recently in Aug 10, 2005 for a total of $235,000. If you work out the math, that's approximately a cost of $94.95 per sqft. Before that, the property was also sold for $40,000 in Jan 28, 2005. 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 $2,009 in taxes each year. 517 East Washington Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $223,500. If we break it down further, the land itself was valued at $44,700. Improvements to the property, however, were assessed at a total of $178,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: Duplex
  • Exterior Walls Type: Brick
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,490
  • Lot Size Depth Feet: 2,950
  • Lot Size Frontage Feet: 220
  • Total Building Area: 2,475
  • Gross Building Area: 2,475
  • Building Area: 2,475
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 2,475
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.149
  • Standard Land Use Code: Duplex (2 units, any combination)
  • State Land Use Code: Single family residential
  • Legal Description 1: 176 E MUSGRAVE

Ownership

  • Current Owner : WILLIAMS MERLE
  • Current Owner 2: FRANCIS JULIUS P
  • Previous Owner : RADIONOVSKY MIKE
  • Owner Before Previous Owner: MOORING CAPITAL FUND LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 025200

Zoning

  • Zoning: RSA3

Geography

  • Assessors Map Reference: 052N120054
  • Account Number: 151200
  • District: WARD #59
  • Parcel: 59-2151200
  • Block: 52N12
  • Lot: 54
  • Municipality: PHILADELPHIA
  • Latitude: 40.0497
  • Longitude: -75.1747

    Address

  • Full Address: 517 E Washington Ln
  • Address - House Number: 517
  • Street Direction: E
  • Address - Street Name: Washington
  • Address - Suffix Type: Ln
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C028
  • 4-Digit Zip Code: 1010
  • Zip Code: 19144

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,009
  • Tax Rate Code Area: 59

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 452,698
  • High Value: 652,930
  • Low Value: 252,465

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $167,000
  • First Open Lien Mortgage Lender: PHILADELPHIA FINANCIAL MORTGAG
  • First Open Lien Mortgage Recording Date: Aug 31, 2005
  • First Open Lien Mortgage Loan Amount: $167,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2035

    Market Valuation

  • Market Total Value: $223,500
  • Market Land Value: $44,700
  • Market Improvement Value: $178,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $223,500
  • Assessed Land Value: $44,700
  • Assessed Improvements Value: $178,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 10, 2005
  • Current Sale Recording Date: Aug 31, 2005
  • Current Sale Transaction ID: 1095837152
  • Current Sale Price: $235,000
  • Current Sale Document Type: Other
  • Current Sale Input Document Number: 51256496
  • Previous Sale Recording Date: Mar 29, 2005
  • Previous Sale Contract Date: Jan 28, 2005
  • Previous Sale Amount: $40,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PHILADELPHIA FINANCIAL MORTGAG
  • First Mortgage Transaction Date: Aug 31, 2005
  • First Mortgage Loan Amount: $167,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Sep 01, 2035

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Frequently Asked Questions

What neighborhood is 517 East Washington Lane located in?
The 517 East Washington Lane is a townhouse located in the neighborhood of East Germantown in Northwest Philadelphia, Philadelphia.
What is the average sales price for listings in 517 East Washington Lane?
The average sales price for units in 517 East Washington Lane is $0 currently.

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