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617 East Passyunk Avenue

617 East Passyunk Avenue, Philadelphia, PA 19147
1 Units For Sale
Unit for sale at 617-621 E PASSYUNK AVE, PHILADELPHIA, PA 19147

$1,250,000 In Contract

  • Commercial
617-621 E PASSYUNK AVE, PHILADELPHIA, PA 19147 Listing by Sandy Kauffman

617 East Passyunk Avenue in Philadelphia, PA was first built in 1915 and is 109 years old. This has been categorized as a commercial property type. For those interested in architecture, the building on the property was built in a unknown style. There are a total of 3 floors. 617 East Passyunk Avenue has 3,480 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 200 ft and the linear feet between the front and back of the lot is 750. In total, the area measurement of the land is 1,500 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a water system. 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. 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, 617 East Passyunk Avenue sold most recently in Mar 6, 2024 for a total of $1,180,000. If you work out the math, that's approximately a cost of $339.08 per sqft. Before that, the property was also sold for $108,000 in Sep 27, 1993. 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 $9,338 in taxes each year. The initial year of tax delinquency occurred in 2021. 617 East Passyunk Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $667,100. If we break it down further, the land itself was valued at $133,400. Improvements to the property, however, were assessed at a total of $533,700. 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.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: Unknown
  • Exterior Walls Type: Brick
  • Floor Count: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,500
  • Lot Size Depth Feet: 750
  • Lot Size Frontage Feet: 200
  • Total Building Area: 3,480
  • Gross Building Area: 3,480
  • Building Area: 3,480
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,480
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Commercial
  • Land Acres: 0.034
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: 13543/4 S SOUTH ST

Ownership

  • Current Owner : PASSYUNK PARTNERS LLC
  • Previous Owner : GOLDBERG MARC E
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 001600

Zoning

  • Zoning: CMX3

Geography

  • Assessors Map Reference: 004S230043
  • Account Number: 046050
  • District: WARD #02
  • Parcel: 87-1046050
  • Block: 4S23
  • Lot: 43
  • Municipality: PHILADELPHIA
  • Latitude: 39.9413
  • Longitude: -75.1504

    Address

  • Full Address: 617 E Passyunk Ave
  • Address - House Number: 617
  • Street Direction: E
  • Address - Street Name: Passyunk
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C005
  • 4-Digit Zip Code: 1530
  • Zip Code: 19147

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,338
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 2

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $650,000
  • First Open Lien Mortgage Lender: EASTCOAST FINANCIAL LP
  • First Open Lien Mortgage Recording Date: Mar 13, 2024
  • First Open Lien Mortgage Loan Amount: $650,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Mar 13, 2054

    Market Valuation

  • Market Total Value: $667,100
  • Market Land Value: $133,400
  • Market Improvement Value: $533,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $667,100
  • Assessed Land Value: $133,400
  • Assessed Improvements Value: $533,700

    Sales

  • Current Sale Contract Date: Mar 06, 2024
  • Current Sale Recording Date: Mar 13, 2024
  • Current Sale Transaction ID: 11922547441
  • Current Sale Price: $1,180,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 54278655
  • Previous Sale Recording Date: Oct 14, 1993
  • Previous Sale Contract Date: Sep 27, 1993
  • Previous Sale Amount: $108,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: EASTCOAST FINANCIAL LP
  • First Mortgage Transaction Date: Mar 13, 2024
  • First Mortgage Loan Amount: $650,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)

About South Philadelphia



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 617 East Passyunk Avenue located in?
The 617 East Passyunk Avenue is a located in the neighborhood of Bella Vista - Southwark in South Philadelphia, Philadelphia.
How many listings are currently for sale in 617 East Passyunk Avenue?
There is a listing currently on the market for sale.
What is the average sales price for listings in 617 East Passyunk Avenue?
The average sales price for units in 617 East Passyunk Avenue is $1,250,000 currently.

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