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5523 Loretto Avenue

5523 Loretto Avenue, Philadelphia, PA 19124
Property in Lawncrest
Sold Jan 30, 2019
$120,000
$113,490 by Fulton Bank Na
Mortgage Due Feb 01, 2049
Sold Sep 24, 2005
$93,000
$93,000 by Federated Lending Corp
Mortgage Due Oct 01, 2035
5523 Loretto Avenue in Philadelphia, PA was first built in 1930 and is 94 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 is only one bathroom. There is a 1 partial bathroom. 5523 Loretto Avenue has 1,196 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 900. In total, the area measurement of the land is 1,432 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 average. The exterior walls of the home are made of brick. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 5523 Loretto Avenue sold most recently in Jan 12, 2018 for a total of $120,000. If you work out the math, that's approximately a cost of $100.33 per sqft. Before that, the property was also sold for $93,000 in Sep 6, 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 $852 in taxes each year. 5523 Loretto Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $140,900. If we break it down further, the land itself was valued at $28,180. Improvements to the property, however, were assessed at a total of $112,720. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1930
  • Effective Year Built: 1930
  • 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: Partial basement
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,432
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 160
  • Total Building Area: 1,196
  • Gross Building Area: 1,196
  • Building Area: 1,196
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,196
  • 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: Common area (misc.)
  • State Land Use Code: Single family residential
  • Legal Description 1: 1827 3/4NE PRATT

Ownership

  • Current Owner : MORENO DIANA P
  • Previous Owner : COLON JOHNNY
  • Previous Owner 2: MARTINEZ MILAGRO
  • Owner Before Previous Owner: JP MORGAN CHASE BANK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 039002

Zoning

  • Zoning: RSA5

Geography

  • Assessors Map Reference: 086N210238
  • Account Number: 397200
  • District: WARD #35
  • Parcel: 35-1397200
  • Block: 86N21
  • Lot: 238
  • Municipality: PHILADELPHIA
  • Latitude: 40.0303
  • Longitude: -75.0907

    Address

  • Full Address: 5523 Loretto Ave
  • Address - House Number: 5523
  • Address - Street Name: Loretto
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C042
  • 4-Digit Zip Code: 1714
  • Zip Code: 19124

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $852
  • Tax Rate Code Area: 35

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 129,930
  • High Value: 187,399
  • Low Value: 72,460

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $113,490
  • First Open Lien Mortgage Lender: FULTON BANK NA
  • First Open Lien Mortgage Recording Date: Jan 30, 2019
  • First Open Lien Mortgage Loan Amount: $113,490
  • 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: Feb 01, 2049

    Market Valuation

  • Market Total Value: $140,900
  • Market Land Value: $28,180
  • Market Improvement Value: $112,720

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $140,900
  • Assessed Land Value: $28,180
  • Assessed Improvements Value: $112,720

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 12, 2018
  • Current Sale Recording Date: Jan 30, 2019
  • Current Sale Transaction ID: 11566474848
  • Current Sale Price: $120,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53472096
  • Previous Sale Recording Date: Sep 24, 2005
  • Previous Sale Contract Date: Sep 06, 2005
  • Previous Sale Amount: $93,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FULTON BANK NA
  • First Mortgage Transaction Date: Jan 30, 2019
  • First Mortgage Loan Amount: $113,490
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: FEDERATED LENDING CORP
  • Previous Mortgage Transaction Date: Sep 24, 2005
  • Previous Mortgage Loan Amount: $93,000
  • Previous Mortgage Term: 360
  • Previous 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.)
  • Previous Mortgage Loan Due Date: Oct 01, 2035

About Northeast Philadelphia



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Frequently Asked Questions

What neighborhood is 5523 Loretto Avenue located in?
The 5523 Loretto Avenue is a located in the neighborhood of Lawncrest in Northeast Philadelphia, Philadelphia.
What is the average sales price for listings in 5523 Loretto Avenue?
The average sales price for units in 5523 Loretto Avenue is $0 currently.

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