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7125 Bingham Street

7125 Bingham Street, Philadelphia, PA 19111
Sold Dec 01, 2022
$280,000
Buyer
Sold Jan 07, 2010
$147,500
$127,569 by Atlantic Pacific Mortgage Corp
Mortgage Due Feb 01, 2039
7125 Bingham 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 1950 and is 74 years old. The home has a total of 3 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, 7125 Bingham Street has 1,320 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 1,270 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 3,156 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex 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. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there is one available parking space. 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 inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a 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, 7125 Bingham Street sold most recently in Nov 29, 2022 for a total of $280,000. If you work out the math, that's approximately a cost of $212.12 per sqft. Before that, the property was also sold for $147,500 in Jan 30, 2009. 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 $3,222 in taxes each year. 7125 Bingham Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $230,200. If we break it down further, the land itself was valued at $46,040. Improvements to the property, however, were assessed at a total of $184,160. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1950
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: Duplex
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,156
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,320
  • Gross Building Area: 1,320
  • Building Area: 1,320
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,320
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LENOX/PHILADELPHIA 01
  • Land Acres: 0.072
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Parcels with improvements, use not specified
  • State Land Use Code: Single family residential
  • Legal Description 1: 2797 SW OF

Ownership

  • Current Owner : SALEH RANA
  • Previous Owner : DORR MATTHEW F
  • Owner Before Previous Owner: KIRK MARY ANNE
  • Owner Before Previous Owner 2: BELLWOAR JOHN E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 030800

Zoning

  • Zoning: RSA3

Geography

  • Assessors Map Reference: 084N160322
  • Account Number: 382000
  • District: WARD #53
  • Parcel: 53-2382000
  • Lot: 95,96
  • Municipality: PHILADELPHIA
  • Latitude: 40.0575
  • Longitude: -75.0847

    Address

  • Full Address: 7125 Bingham St
  • Address - House Number: 7125
  • Address - Street Name: Bingham
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C074
  • 4-Digit Zip Code: 4018
  • Zip Code: 19111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,222
  • Tax Rate Code Area: 53

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 463,631
  • High Value: 668,699
  • Low Value: 258,562

    Market Valuation

  • Market Total Value: $230,200
  • Market Land Value: $46,040
  • Market Improvement Value: $184,160

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $230,200
  • Assessed Land Value: $46,040
  • Assessed Improvements Value: $184,160

    Sales

  • Current Sale Contract Date: Nov 29, 2022
  • Current Sale Recording Date: Dec 01, 2022
  • Current Sale Transaction ID: 11899425305
  • Current Sale Price: $280,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 54126314
  • Previous Sale Recording Date: Jan 07, 2010
  • Previous Sale Contract Date: Jan 30, 2009
  • Previous Sale Amount: $147,500
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: ATLANTIC PACIFIC MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jan 07, 2010
  • Previous Mortgage Loan Amount: $127,569
  • Previous Mortgage Term: 348
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Feb 01, 2039

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Frequently Asked Questions

What neighborhood is 7125 Bingham Street located in?
The 7125 Bingham Street is a located in the neighborhood of Oxford Circle - Castor in Northeast Philadelphia, Philadelphia.
What is the average sales price for listings in 7125 Bingham Street?
The average sales price for units in 7125 Bingham Street is $0 currently.

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