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626 South 8th Street

626 South 8th Street, Philadelphia, PA 19147
Sold Mar 03, 2023
$530,000
$397,500 by Rocket Mortgage Llc
Mortgage Due Mar 01, 2053
Sold Oct 27, 1986
Transfer
626 South 8th Street 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 1915 and is 109 years old. The building has a total of 3 stories. In addition, 626 South 8th Street has 1,818 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 490 ft and across the front of the lot is 170 ft. The area measurement of the land has been determined as 812 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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. The property was last sold in Feb 23, 2023 for $530,000. That's $291.53 per sqft. 626 South 8th Street was last assessed in 2023. The total value of the property was assessed at $581,200. Specifically, the land the property is located on was valued at $174,300. While improvements on the property were assessed at a total of $406,900. 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 $8,136. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: Townhouse
  • Exterior Walls Type: Brick
  • Floor Count: 3
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 812
  • Lot Size Depth Feet: 490
  • Lot Size Frontage Feet: 170
  • Total Building Area: 1,818
  • Gross Building Area: 1,818
  • Building Area: 1,818
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,818
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.019
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Easement (misc.)
  • State Land Use Code: Townhouse (residential)
  • Legal Description 1: 632 S KATER ST

Ownership

  • Current Owner : LEACH TERRANCE W
  • Previous Owner : LATORRE ALBER
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Married Man as his sole & separate property

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 001500

Zoning

  • Zoning: RM1

Geography

  • Assessors Map Reference: 005S010256
  • Account Number: 232000
  • District: WARD #02
  • Parcel: 02-3232000
  • Block: 5S1
  • Lot: 256
  • Municipality: PHILADELPHIA
  • Latitude: 39.9417
  • Longitude: -75.1558

    Address

  • Full Address: 626 S 8th St
  • Address - House Number: 626
  • Street Direction: S
  • Address - Street Name: 8th
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C017
  • 4-Digit Zip Code: 2038
  • Zip Code: 19147

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,136
  • Tax Rate Code Area: 2

    Appraisal Valuation

  • Standard Deviation: 0.2342
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 67
  • Final Value: 542,126
  • High Value: 669,119
  • Low Value: 415,133

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $397,500
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Mar 03, 2023
  • First Open Lien Mortgage Loan Amount: $397,500
  • 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: Mar 01, 2053

    Market Valuation

  • Market Total Value: $581,200
  • Market Land Value: $174,300
  • Market Improvement Value: $406,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $581,200
  • Assessed Land Value: $174,300
  • Assessed Improvements Value: $406,900

    Sales

  • Current Sale Contract Date: Feb 23, 2023
  • Current Sale Recording Date: Mar 03, 2023
  • Current Sale Transaction ID: 11903820623
  • Current Sale Price: $530,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 54155302
  • Previous Sale Recording Date: Oct 27, 1986
  • Previous Sale Contract Date: Sep 29, 1986
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Mar 03, 2023
  • First Mortgage Loan Amount: $397,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2053

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Frequently Asked Questions

What neighborhood is 626 South 8th Street located in?
The 626 South 8th Street is a multifamily located in the neighborhood of Bella Vista - Southwark in South Philadelphia, Philadelphia.
What is the average sales price for listings in 626 South 8th Street?
The average sales price for units in 626 South 8th Street is $0 currently.

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