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527 McKean Street

527 McKean Street, Philadelphia, PA 19148
Sold Aug 09, 2016
$140,000
Buyer
Seller
Sold Nov 20, 2002
$42,000
$29,400 by World Svgs Bank Fsb
Mortgage Due Dec 02, 2032
Local assessors in Philadelphia, PA have categorized 527 McKean Street as a residential type of property. The home was built in 1920 and is 104 years old. The property's lot size has been calculated to be 957 square feet. The linear feet between the front and back of the lot was measured at 660 ft and the front of the lot was measured at 150 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. 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 527 McKean Street has a total of 1,016 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 attached garage 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. The home's a heating system is the primary heating source. 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, 527 McKean Street was last sold in Aug 4, 2016 for $140,000. According to our calculations, that's $137.80 per sqft. Prior to that sales transaction, the property was sold for $42,000 in Oct 17, 2002. Current property owners are expected to pay $1,716 in taxes per year. The property on 527 McKean Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $202,600. To break that down further, the land itself was valued at $40,520. While improvements to the property were assessed at a total of $162,080. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: Townhouse
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 957
  • Lot Size Depth Feet: 660
  • Lot Size Frontage Feet: 150
  • Total Building Area: 1,016
  • Gross Building Area: 1,016
  • Building Area: 1,016
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,016
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.022
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Easement (misc.)
  • State Land Use Code: Single family residential
  • Legal Description 1: 2207 1/8 W 5TH ST

Ownership

  • Current Owner : CHIU SHING
  • Previous Owner : LEUNG KIN CHI
  • Owner Before Previous Owner: TWO ROSES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 004101

Zoning

  • Zoning: RSA5

Geography

  • Assessors Map Reference: 015S060135
  • Account Number: 026800
  • District: WARD #39
  • Parcel: 39-2026800
  • Block: 15S6
  • Lot: 135
  • Municipality: PHILADELPHIA
  • Latitude: 39.924
  • Longitude: -75.1556

    Address

  • Full Address: 527 Mckean St
  • Address - House Number: 527
  • Address - Street Name: Mckean
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C006
  • 4-Digit Zip Code: 2530
  • Zip Code: 19148

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,716
  • Tax Rate Code Area: 39

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 197,857
  • High Value: 285,371
  • Low Value: 110,342

    Market Valuation

  • Market Total Value: $202,600
  • Market Land Value: $40,520
  • Market Improvement Value: $162,080

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $202,600
  • Assessed Land Value: $40,520
  • Assessed Improvements Value: $162,080

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 04, 2016
  • Current Sale Recording Date: Aug 09, 2016
  • Current Sale Transaction ID: 1731623660
  • Current Sale Price: $140,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53096132
  • Previous Sale Recording Date: Nov 20, 2002
  • Previous Sale Contract Date: Oct 17, 2002
  • Previous Sale Amount: $42,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Aug 09, 2016
  • First Mortgage Loan Amount: $105,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2031

    Previous Mortgages

  • Previous Mortgage Lender: WORLD SVGS BANK FSB
  • Previous Mortgage Transaction Date: Nov 20, 2002
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $29,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Stand Alone First
  • Previous Mortgage Loan Due Date: Dec 02, 2032

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Frequently Asked Questions

What neighborhood is 527 McKean Street located in?
The 527 McKean Street is a located in the neighborhood of Bella Vista - Southwark in South Philadelphia, Philadelphia.
What is the average sales price for listings in 527 McKean Street?
The average sales price for units in 527 McKean Street is $0 currently.

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