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528 Federal Street

528 Federal Street, Philadelphia, PA 19147
Sold Aug 28, 2017
$299,000
$200,000 by Parke Bank
Mortgage Due Sep 01, 2047
Sold Apr 27, 2005
$220,000
$165,000 by Americas Wholesale Lender
Mortgage Due May 01, 2015
528 Federal Street in Philadelphia, PA was first built in 1915 and is 109 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 3 floors. There are a total of 7 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 528 Federal Street has 1,974 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 170 ft and the linear feet between the front and back of the lot is 660. In total, the area measurement of the land is 1,100 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, 528 Federal Street sold most recently in Aug 18, 2017 for a total of $299,000. If you work out the math, that's approximately a cost of $151.47 per sqft. Before that, the property was also sold for $220,000 in Apr 26, 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 $4,051 in taxes each year. 528 Federal Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $369,400. If we break it down further, the land itself was valued at $73,880. Improvements to the property, however, were assessed at a total of $295,520. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: Townhouse
  • Exterior Walls Type: Brick
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,100
  • Lot Size Depth Feet: 660
  • Lot Size Frontage Feet: 170
  • Total Building Area: 1,974
  • Gross Building Area: 1,974
  • Building Area: 1,974
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,974
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.025
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Easement (misc.)
  • State Land Use Code: Single family residential
  • Legal Description 1: 2478W OF 5TH ST

Ownership

  • Current Owner : ZHENG MENG XI
  • Current Owner 2: ZHENG XINKAI
  • Previous Owner : JIANG YUAN R
  • Previous Owner 2: LIN WEI MING
  • Owner Before Previous Owner: LI HUI
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 002500

Zoning

  • Zoning: RSA5

Geography

  • Assessors Map Reference: 008S120076
  • Account Number: 262700
  • District: WARD #02
  • Parcel: 02-1262700
  • Block: 8S12
  • Lot: 76
  • Municipality: PHILADELPHIA
  • Latitude: 39.9334
  • Longitude: -75.1537

    Address

  • Full Address: 528 Federal St
  • Address - House Number: 528
  • Address - Street Name: Federal
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C031
  • 4-Digit Zip Code: 5209
  • Zip Code: 19147

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,051
  • Tax Rate Code Area: 2

    Appraisal Valuation

  • Standard Deviation: 0.2736
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 60
  • Final Value: 452,139
  • High Value: 575,873
  • Low Value: 328,405

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: PARKE BANK
  • First Open Lien Mortgage Recording Date: Aug 28, 2017
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2047

    Market Valuation

  • Market Total Value: $369,400
  • Market Land Value: $73,880
  • Market Improvement Value: $295,520

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $369,400
  • Assessed Land Value: $73,880
  • Assessed Improvements Value: $295,520

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 18, 2017
  • Current Sale Recording Date: Aug 28, 2017
  • Current Sale Transaction ID: 1733177075
  • Current Sale Price: $299,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53258234
  • Previous Sale Recording Date: Apr 27, 2005
  • Previous Sale Contract Date: Apr 26, 2005
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARKE BANK
  • First Mortgage Transaction Date: Aug 28, 2017
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Sep 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAS WHOLESALE LENDER
  • Previous Mortgage Transaction Date: Apr 27, 2005
  • Previous Mortgage Loan Amount: $165,000
  • Previous Mortgage Term: 120
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: May 01, 2015

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Frequently Asked Questions

What neighborhood is 528 Federal Street located in?
The 528 Federal Street is a located in the neighborhood of Bella Vista - Southwark in South Philadelphia, Philadelphia.
What is the average sales price for listings in 528 Federal Street?
The average sales price for units in 528 Federal Street is $0 currently.

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