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703 North Capitol Street

703 North Capitol Street, Philadelphia, PA 19130
Sold Jul 27, 2020
$410,000
$328,000 by Trident Mortgage Company Lp
Mortgage Due Aug 01, 2035
Local assessors in Philadelphia, PA have categorized 703 North Capitol Street as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 677 square feet. The linear feet between the front and back of the lot was measured at 160 ft and the front of the lot was measured at 610 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a modern style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 703 North Capitol Street has a total of 1,500 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heat pump is the primary heating source and it is being fueled with electricity. 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, 703 North Capitol Street sold most recently in Jul 17, 2020 for a total of $410,000. If you work out the math, that's approximately a cost of $273.33 per sqft. 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 $6,635 in taxes each year. 703 North Capitol Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $554,000. If we break it down further, the land itself was valued at $110,800. Improvements to the property, however, were assessed at a total of $443,200. 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.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: Modern
  • Exterior Walls Type: Brick
  • Floor Count: 3
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 677
  • Lot Size Depth Feet: 160
  • Lot Size Frontage Feet: 610
  • Total Building Area: 1,500
  • Gross Building Area: 1,500
  • Building Area: 1,500
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,500
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.016
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Royalty interest
  • State Land Use Code: Single family residential
  • Legal Description 1: 26.270 N FAIRMOUNT AVE

Ownership

  • Current Owner : LI KEVIN
  • Current Owner 2: SU EYAN
  • Previous Owner : GRIMALDI JOSEPH G
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 013500

Zoning

  • Zoning: CMX2

Geography

  • Assessors Map Reference: 007N130122
  • Account Number: 091210
  • District: WARD #15
  • Parcel: 15-1091210
  • Latitude: 39.9675
  • Longitude: -75.1707

    Address

  • Full Address: 703 N Capitol St
  • Address - House Number: 703
  • Street Direction: N
  • Address - Street Name: Capitol
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C002
  • 4-Digit Zip Code: 2616
  • Zip Code: 19130

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,635
  • Tax Rate Code Area: 15

    Appraisal Valuation

  • Standard Deviation: 0.2733
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 60
  • Final Value: 526,439
  • High Value: 670,364
  • Low Value: 382,514

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $328,000
  • First Open Lien Mortgage Lender: TRIDENT MORTGAGE COMPANY LP
  • First Open Lien Mortgage Recording Date: Jul 27, 2020
  • First Open Lien Mortgage Loan Amount: $328,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2035

    Market Valuation

  • Market Total Value: $554,000
  • Market Land Value: $110,800
  • Market Improvement Value: $443,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $554,000
  • Assessed Land Value: $110,800
  • Assessed Improvements Value: $443,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 17, 2020
  • Current Sale Recording Date: Jul 27, 2020
  • Current Sale Transaction ID: 11775298702
  • Current Sale Price: $410,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53694033

    Last Sale Mortgage

  • First Mortgage Lender: TRIDENT MORTGAGE COMPANY LP
  • First Mortgage Transaction Date: Jul 27, 2020
  • First Mortgage Loan Amount: $328,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2035

About North Philadelphia



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Frequently Asked Questions

What neighborhood is 703 North Capitol Street located in?
The 703 North Capitol Street is a townhouse located in the neighborhood of Fairmount - Art Museum in North Philadelphia, Philadelphia.
What is the average sales price for listings in 703 North Capitol Street?
The average sales price for units in 703 North Capitol Street is $420,000 , or $218/sqft. currently.

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