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648 East Lippincott Street

648 East Lippincott Street, Philadelphia, PA 19134
Townhouse in Kensington
Sold Dec 31, 2018
$28,500
$3,662,700 by Colony American Finance Lender
Mortgage
Sold Oct 30, 2018
$22,000
648 East Lippincott 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 1920 and is 104 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 648 East Lippincott Street has 1,064 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 500 ft and across the front of the lot is 140 ft. The area measurement of the land has been determined as 713 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. In terms of heating, it is utilizing a hot water heating system. 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, 648 East Lippincott Street sold most recently in Dec 19, 2018 for a total of $28,500. If you work out the math, that's approximately a cost of $26.79 per sqft. Before that, the property was also sold for $22,000 in Oct 11, 2018. 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 $484 in taxes each year. The initial year of tax delinquency occurred in 2021. 648 East Lippincott Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $34,600. If we break it down further, the land itself was valued at $6,920. Improvements to the property, however, were assessed at a total of $27,680. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 1920
  • Effective Year Built: 1920
  • 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
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 713
  • Lot Size Depth Feet: 500
  • Lot Size Frontage Feet: 140
  • Total Building Area: 1,064
  • Gross Building Area: 1,064
  • Building Area: 1,064
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,064
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.016
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Easement (misc.)
  • State Land Use Code: Single family residential
  • Legal Description 1: 3428 E OF E ST

Ownership

  • Current Owner : OZ FUND 1 LLC
  • Previous Owner : VILA DANIEL R
  • Owner Before Previous Owner: FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 017701

Zoning

  • Zoning: RSA5

Geography

  • Assessors Map Reference: 038N150114
  • Account Number: 019300
  • District: WARD #33
  • Parcel: 33-1019300
  • Block: 38N14
  • Lot: 114
  • Municipality: PHILADELPHIA
  • Latitude: 39.9961
  • Longitude: -75.1182

    Address

  • Full Address: 648 E Lippincott St
  • Address - House Number: 648
  • Street Direction: E
  • Address - Street Name: Lippincott
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C039
  • 4-Digit Zip Code: 2307
  • Zip Code: 19134

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $484
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 33

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 38,796
  • High Value: 55,955
  • Low Value: 21,636

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,662,700
  • First Open Lien Mortgage Lender: COLONY AMERICAN FINANCE LENDER
  • First Open Lien Mortgage Recording Date: Apr 13, 2021
  • First Open Lien Mortgage Loan Amount: $3,662,700
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $34,600
  • Market Land Value: $6,920
  • Market Improvement Value: $27,680

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,600
  • Assessed Land Value: $6,920
  • Assessed Improvements Value: $27,680

    Sales

  • Current Sale Contract Date: Dec 19, 2018
  • Current Sale Recording Date: Dec 31, 2018
  • Current Sale Transaction ID: 11548734184
  • Current Sale Price: $28,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53460301
  • Previous Sale Recording Date: Oct 30, 2018
  • Previous Sale Contract Date: Oct 11, 2018
  • Previous Sale Amount: $22,000
  • Previous Sale Document Type: Special Warranty Deed

About North Philadelphia



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Frequently Asked Questions

What neighborhood is 648 East Lippincott Street located in?
The 648 East Lippincott Street is a townhouse located in the neighborhood of Kensington in North Philadelphia, Philadelphia.
What is the average sales price for listings in 648 East Lippincott Street?
The average sales price for units in 648 East Lippincott Street is $0 currently.

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