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702 South 2nd Street

702 South 2nd Street, Philadelphia, PA 19147
Sold May 26, 2021
$900,000
$855,000 by Td Bank Na
Mortgage Due May 01, 2051
Sold Aug 19, 2016
$799,900
$639,900 by Td Bank Na
Mortgage Due Sep 01, 2046
702 South 2nd Street in Philadelphia, PA was first built in 1986 and is 38 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 4 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 702 South 2nd Street has 2,012 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 260 ft and the linear feet between the front and back of the lot is 280. In total, the area measurement of the land is 738 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 fair. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a hot water heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Apr 17, 2021 for $900,000. That's $447.32 per sqft. Prior to that sales transaction, the property was also sold in Jul 20, 2016 for $799,900. 702 South 2nd Street was last assessed in 2023. The total value of the property was assessed at $734,900. Specifically, the land the property is located on was valued at $146,980. While improvements on the property were assessed at a total of $587,920. 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 $9,167. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Construction Type: Masonry
  • Building Style: Townhouse
  • Exterior Walls Type: Brick
  • Floor Count: 4
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 738
  • Lot Size Depth Feet: 280
  • Lot Size Frontage Feet: 260
  • Total Building Area: 2,012
  • Building Area: 2,012
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 2,012
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PENNSYLVANIA URBAN DEV
  • Land Acres: 0.017
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Easement (misc.)
  • State Land Use Code: Single family residential
  • Legal Description 1: 18 S OF BAINBRIDGE ST

Ownership

  • Current Owner : KAPLAN EMILY
  • Previous Owner : LYNCH GEORGE T
  • Owner Before Previous Owner: PATEL PRIYA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: RSA5

Geography

  • Assessors Map Reference: 004S220614
  • Account Number: 104860
  • District: WARD #02
  • Parcel: 02-3104860
  • Block: 4S22
  • Lot: 613
  • Municipality: PHILADELPHIA
  • Latitude: 39.9402
  • Longitude: -75.146

    Address

  • Full Address: 702 S 2nd St
  • Address - House Number: 702
  • Street Direction: S
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C001
  • 4-Digit Zip Code: 3402
  • Zip Code: 19147

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,167
  • Tax Rate Code Area: 2

    Appraisal Valuation

  • Standard Deviation: 0.2736
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 60
  • Final Value: 802,166
  • High Value: 1,021,690
  • Low Value: 582,642

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $855,000
  • First Open Lien Mortgage Lender: TD BANK NA
  • First Open Lien Mortgage Recording Date: May 26, 2021
  • First Open Lien Mortgage Loan Amount: $855,000
  • 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: May 01, 2051

    Market Valuation

  • Market Total Value: $734,900
  • Market Land Value: $146,980
  • Market Improvement Value: $587,920

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $734,900
  • Assessed Land Value: $146,980
  • Assessed Improvements Value: $587,920

    Sales

  • Current Sale Contract Date: Apr 17, 2021
  • Current Sale Recording Date: May 26, 2021
  • Current Sale Transaction ID: 11837780152
  • Current Sale Price: $900,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53838873
  • Previous Sale Recording Date: Aug 19, 2016
  • Previous Sale Contract Date: Jul 20, 2016
  • Previous Sale Amount: $799,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: TD BANK NA
  • First Mortgage Transaction Date: May 26, 2021
  • First Mortgage Loan Amount: $855,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: TD BANK NA
  • Previous Mortgage Transaction Date: Aug 19, 2016
  • Previous Mortgage Loan Amount: $639,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2046

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Frequently Asked Questions

What neighborhood is 702 South 2nd Street located in?
The 702 South 2nd Street is a located in the neighborhood of Queen Village - Pennsport in South Philadelphia, Philadelphia.
What is the average sales price for listings in 702 South 2nd Street?
The average sales price for units in 702 South 2nd Street is $0 currently.

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