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617 East Locust Avenue

617 East Locust Avenue, Philadelphia, PA 19144
Property in East Germantown
Sold May 21, 2020
$104,000
$276,000 by Civic Financial Services Llc
Mortgage Due Jul 01, 2052
Sold Aug 01, 2017
$45,000
617 East Locust Avenue in Philadelphia, PA was first built in 1925 and is 99 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 0 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. 617 East Locust Avenue has 2,672 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 800. In total, the area measurement of the land is 1,276 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 unsound. The exterior walls of the home are made of brick. As for heating, the home is utilizing a heating system. 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, 617 East Locust Avenue was last sold in Apr 30, 2020 for $104,000. According to our calculations, that's $38.92 per sqft. Prior to that sales transaction, the property was sold for $45,000 in Jul 24, 2017. Current property owners are expected to pay $706 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 617 East Locust Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $50,400. To break that down further, the land itself was valued at $10,080. While improvements to the property were assessed at a total of $40,320. 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.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Unsound
  • Construction Type: Masonry
  • Building Style: Townhouse
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,276
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 160
  • Total Building Area: 2,672
  • Gross Building Area: 2,672
  • Building Area: 2,672
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 2,672
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SURVEY MADE JOSEPH C WAGNER ESQUIRE
  • Land Acres: 0.029
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Common area (misc.)
  • State Land Use Code: Single family residential
  • Legal Description 1: NWC STOKES ST

Ownership

  • Current Owner : APEX HOSPITALITY GROUP LLC
  • Previous Owner : PATEL DHRUV
  • Owner Before Previous Owner: SPEARMAN ALLEN
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 024700

Zoning

  • Zoning: RSA5

Geography

  • Assessors Map Reference: 053N180171
  • Account Number: 072600
  • District: WARD #12
  • Parcel: 12-2072600
  • Block: 53N18
  • Lot: 171
  • Municipality: PHILADELPHIA
  • Latitude: 40.0423
  • Longitude: -75.1649

    Address

  • Full Address: 617 E Locust Ave
  • Address - House Number: 617
  • Street Direction: E
  • Address - Street Name: Locust
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C016
  • 4-Digit Zip Code: 1309
  • Zip Code: 19144

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $706
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 12

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 51,722
  • High Value: 74,599
  • Low Value: 28,844

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $276,000
  • First Open Lien Mortgage Lender: CIVIC FINANCIAL SERVICES LLC
  • First Open Lien Mortgage Recording Date: Jun 17, 2022
  • First Open Lien Mortgage Loan Amount: $276,000
  • 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: Jul 01, 2052

    Market Valuation

  • Market Total Value: $50,400
  • Market Land Value: $10,080
  • Market Improvement Value: $40,320

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $50,400
  • Assessed Land Value: $10,080
  • Assessed Improvements Value: $40,320

    Sales

  • Current Sale Contract Date: Apr 30, 2020
  • Current Sale Recording Date: May 21, 2020
  • Current Sale Transaction ID: 11763463123
  • Current Sale Price: $104,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53669805
  • Previous Sale Recording Date: Aug 01, 2017
  • Previous Sale Contract Date: Jul 24, 2017
  • Previous Sale Amount: $45,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SECURED INVESTMENT CORP
  • First Mortgage Transaction Date: May 21, 2020
  • First Mortgage Loan Amount: $193,050
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Jun 30, 2021

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Frequently Asked Questions

What neighborhood is 617 East Locust Avenue located in?
The 617 East Locust Avenue is a other located in the neighborhood of East Germantown in Northwest Philadelphia, Philadelphia.
What is the average sales price for listings in 617 East Locust Avenue?
The average sales price for units in 617 East Locust Avenue is $0 currently.

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