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7020 Woodland Avenue

7020 Woodland Avenue, Philadelphia, PA 19142
Property in Elmwood
1 Units For Sale
Unit for sale at 7020 WOODLAND AVENUE, PHILADELPHIA, PA 19142

$375,000

  • Commercial
7020 WOODLAND AVENUE, PHILADELPHIA, PA 19142 Listing by Brian Wise

7020 Woodland Avenue has been categorized by the local assessors in Philadelphia, PA as a unknown 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, 7020 Woodland Avenue has 2,016 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 1,000 ft and across the front of the lot is 170 ft. The area measurement of the land has been determined as 1,675 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

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 unknown. 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 unknown control joints. The exterior walls of the building are made of unknown. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7020 Woodland Avenue was last sold in Oct 2, 2018 for $220,000. According to our calculations, that's $109.13 per sqft. Prior to that sales transaction, the property was sold for $8,000 in Aug 11, 1997. Current property owners are expected to pay $4,710 in taxes per year. The property on 7020 Woodland Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $336,500. To break that down further, the land itself was valued at $67,300. While improvements to the property were assessed at a total of $269,200. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230915
09/15/2023
Loft
-
-
$375,000
bedrooms
Loft
bathrooms
-
-
-
-
Brian Wise
HomeSmart Realty Advisors

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Bedroom Count: 0
  • Floor Count: 3
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,675
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 170
  • Total Building Area: 2,016
  • Gross Building Area: 2,016
  • Building Area: 2,016
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,016
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: CENTURY VILLAGE/PHILADELPHIA
  • Land Acres: 0.038
  • Legal Description 1: 1713 W 70TH ST

Ownership

  • Current Owner : WOODLAND INVESTMENT LLC
  • Previous Owner : 7000 WOODLAND INVESTMENT GROUP LLC
  • Owner Before Previous Owner: WHOLESALE INC
  • 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: 006300

Zoning

  • Zoning: CMX2

Geography

  • Assessors Map Reference: 035S080049
  • Account Number: 291700
  • District: WARD #40
  • Parcel: 40-3291700
  • Block: 35S80
  • Lot: 49
  • Municipality: PHILADELPHIA
  • Latitude: 39.92
  • Longitude: -75.2418

    Address

  • Full Address: 7020 Woodland Ave
  • Address - House Number: 7020
  • Address - Street Name: Woodland
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C009
  • 4-Digit Zip Code: 1127
  • Zip Code: 19142

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,710
  • Tax Rate Code Area: 40

    Appraisal Valuation

  • Standard Deviation: 0.1219
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 86
  • Final Value: 355,905
  • High Value: 399,312
  • Low Value: 312,497

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $176,000
  • First Open Lien Mortgage Lender: MERCK SHARP & DOHME FCU
  • First Open Lien Mortgage Recording Date: Oct 24, 2018
  • First Open Lien Mortgage Financing Type: unknown
  • First Open Lien Mortgage Loan Amount: $176,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown

    Market Valuation

  • Market Total Value: $336,500
  • Market Land Value: $67,300
  • Market Improvement Value: $269,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $336,500
  • Assessed Land Value: $67,300
  • Assessed Improvements Value: $269,200

    Sales

  • Current Sale Contract Date: Oct 02, 2018
  • Current Sale Recording Date: Oct 24, 2018
  • Current Sale Transaction ID: 11523574081
  • Current Sale Price: $220,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 53433873
  • Previous Sale Recording Date: Oct 02, 1997
  • Previous Sale Contract Date: Aug 11, 1997
  • Previous Sale Amount: $8,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: MERCK SHARP & DOHME FCU
  • First Mortgage Transaction Date: Oct 24, 2018
  • First Mortgage Loan Amount: $176,000
  • First Mortgage Loan Type: unknown

    Financing

  • First Mortgage Financing Type: unknown

About Southwest Philadelphia



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Nearby Rentals

Unit for rent at 7020 Woodland Ave, PHILADELPHIA, PA, 19142

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$850 /mo

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Unit for rent at 6307 Chester Ave, PHILADELPHIA, PA, 19142

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Unit for rent at 1008 S. 48th Street, Philadelphia, PA, 19143

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  • 1 Bath
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1008 S. 48th Street #1008 S. 48th Street #106, Philadelphia, PA, 19143 Listing by Manager
Unit for rent at 4619-21 Chester Avenue, Philadelphia, PA, 19143

$840 /mo

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Frequently Asked Questions

What neighborhood is 7020 Woodland Avenue located in?
The 7020 Woodland Avenue is a located in the neighborhood of Elmwood in Southwest Philadelphia, Philadelphia.
How many listings are currently for sale in 7020 Woodland Avenue?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 7020 Woodland Avenue?
The average sales price for units in 7020 Woodland Avenue is $375,000 currently.

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