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617 West Olney Avenue

617 West Olney Avenue, Philadelphia, PA 19120
Multifamily in Olney
Sold Aug 12, 2021
$150,000
$112,500 by Quontic Bank Fsb
Mortgage Due Jul 01, 2051
Sold Jul 08, 1999
$50,000
617 West Olney Avenue has been categorized by the local assessors in Philadelphia, PA as a residential type of property. The building on the property was first built in 1930 and is 94 years old. The building has a total of 2 stories. In addition, 617 West Olney Avenue has 1,901 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,130 ft and across the front of the lot is 220 ft. The area measurement of the land has been determined as 2,475 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. The exterior walls of the building are made of brick. In terms of heating, it is utilizing a heating system. The property was last sold in Jun 4, 2021 for $150,000. That's $78.91 per sqft. Prior to that sales transaction, the property was also sold in Feb 8, 1999 for $50,000. 617 West Olney Avenue was last assessed in 2023. The total value of the property was assessed at $190,900. Specifically, the land the property is located on was valued at $38,180. While improvements on the property were assessed at a total of $152,720. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,672. The initial tax year of delinquency was in 2019. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. 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: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: Conventional
  • 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: 2,475
  • Lot Size Depth Feet: 1,130
  • Lot Size Frontage Feet: 220
  • Total Building Area: 1,901
  • Gross Building Area: 1,901
  • Building Area: 1,901
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,901
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.057
  • Standard Land Use Code: Duplex (2 units, any combination)
  • State Land Use Code: Townhouse (residential)
  • Legal Description 1: 2045 5/8 E 7TH ST

Ownership

  • Current Owner : COOPER JACQUELINE
  • Previous Owner : WILLIAM MAURICE T
  • Previous Owner 2: ESTATE OF EDWARD L WILLIAMS
  • Owner Before Previous Owner: COOPER STEWART CHARLES RUSSELL
  • Owner Before Previous Owner 2: COOPER STEWART DOROTHY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 027500

Zoning

  • Zoning: RSA3

Geography

  • Assessors Map Reference: 050N230032
  • Account Number: 009900
  • District: WARD #61
  • Parcel: 61-2009900
  • Block: 50N23
  • Lot: 32
  • Municipality: PHILADELPHIA
  • Latitude: 40.037
  • Longitude: -75.1332

    Address

  • Full Address: 617 W Olney Ave
  • Address - House Number: 617
  • Street Direction: W
  • Address - Street Name: Olney
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C035
  • 4-Digit Zip Code: 2219
  • Zip Code: 19120

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,672
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 61

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 399,502
  • High Value: 576,205
  • Low Value: 222,798

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $112,500
  • First Open Lien Mortgage Lender: QUONTIC BANK FSB
  • First Open Lien Mortgage Recording Date: Aug 12, 2021
  • First Open Lien Mortgage Loan Amount: $112,500
  • 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, 2051

    Market Valuation

  • Market Total Value: $190,900
  • Market Land Value: $38,180
  • Market Improvement Value: $152,720

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $190,900
  • Assessed Land Value: $38,180
  • Assessed Improvements Value: $152,720

    Sales

  • Current Sale Contract Date: Jun 04, 2021
  • Current Sale Recording Date: Aug 12, 2021
  • Current Sale Transaction ID: 11849757857
  • Current Sale Price: $150,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53868252
  • Previous Sale Recording Date: Jul 08, 1999
  • Previous Sale Contract Date: Feb 08, 1999
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUONTIC BANK FSB
  • First Mortgage Transaction Date: Aug 12, 2021
  • First Mortgage Loan Amount: $112,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

About North Philadelphia



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Nearby Rentals

Unit for rent at

$2,200 /mo

  • 4 Beds
  • 2 Baths
  • 2,161 ft²
Listing by Manager
Unit for rent at

$2,100 /mo

  • 4 Beds
  • 2.5 Baths
  • 1,306 ft²
Listing by Billy Walsh
Unit for rent at

$2,000 /mo

  • 4 Beds
  • 3 Baths
  • 1,932 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 617 West Olney Avenue located in?
The 617 West Olney Avenue is a multifamily located in the neighborhood of Olney in North Philadelphia, Philadelphia.
What is the average sales price for listings in 617 West Olney Avenue?
The average sales price for units in 617 West Olney Avenue is $300,000 , or $158/sqft. currently.

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