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714 West Allegheny Avenue

714 West Allegheny Avenue, Philadelphia, PA 19133
Townhouse in Fairhill
Sold Mar 15, 2022
$39,483,000
Buyer
Seller
$2,472,750 by Lima One Capital Llc
Mortgage Due Dec 01, 2051
Sold Nov 07, 2019
$39,000
714 West Allegheny Avenue in Philadelphia, PA was first built in 1920 and is 104 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 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 714 West Allegheny Avenue has 1,224 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 150 ft and the linear feet between the front and back of the lot is 630. In total, the area measurement of the land is 919 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 average. The exterior walls of the home are made of brick. As for heating, the home is utilizing a heating system. 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, 714 West Allegheny Avenue was last sold in Nov 19, 2021 for $39,483,000. According to our calculations, that's $32,257.35 per sqft. Prior to that sales transaction, the property was sold for $39,000 in Nov 4, 2019. Current property owners are expected to pay $1,767 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 714 West Allegheny Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $126,200. To break that down further, the land itself was valued at $25,240. While improvements to the property were assessed at a total of $100,960. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or 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: 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: Unfinished basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 919
  • Lot Size Depth Feet: 630
  • Lot Size Frontage Feet: 150
  • Total Building Area: 1,224
  • Gross Building Area: 1,224
  • Building Area: 1,224
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,224
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.021
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Common area (misc.)
  • State Land Use Code: Single family residential
  • Legal Description 1: 1026 W 7TH ST

Ownership

  • Current Owner : OVR 3 LLC
  • Previous Owner : BSC PL 5A LLC
  • Owner Before Previous Owner: WILLIAMS ODESSA
  • 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: 017500

Zoning

  • Zoning: RM1

Geography

  • Assessors Map Reference: 039N010125
  • Account Number: 443700
  • District: WARD #37
  • Parcel: 37-2443700
  • Block: 39N1
  • Lot: 125
  • Municipality: PHILADELPHIA
  • Latitude: 40
  • Longitude: -75.1427

    Address

  • Full Address: 714 W Allegheny Ave
  • Address - House Number: 714
  • Street Direction: W
  • Address - Street Name: Allegheny
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C062
  • 4-Digit Zip Code: 2411
  • Zip Code: 19133

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,767
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 37

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 71,486
  • High Value: 103,104
  • Low Value: 39,867

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,472,750
  • First Open Lien Mortgage Lender: LIMA ONE CAPITAL LLC
  • First Open Lien Mortgage Recording Date: Mar 15, 2022
  • First Open Lien Mortgage Loan Amount: $2,472,750
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $126,200
  • Market Land Value: $25,240
  • Market Improvement Value: $100,960

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $126,200
  • Assessed Land Value: $25,240
  • Assessed Improvements Value: $100,960

    Sales

  • Current Sale Contract Date: Nov 19, 2021
  • Current Sale Recording Date: Mar 15, 2022
  • Current Sale Transaction ID: 11888261683
  • Current Sale Price: $39,483,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53996504
  • Previous Sale Recording Date: Nov 07, 2019
  • Previous Sale Contract Date: Nov 04, 2019
  • Previous Sale Amount: $39,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LIMA ONE CAPITAL LLC
  • First Mortgage Transaction Date: Mar 15, 2022
  • First Mortgage Loan Amount: $2,472,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

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Frequently Asked Questions

What neighborhood is 714 West Allegheny Avenue located in?
The 714 West Allegheny Avenue is a townhouse located in the neighborhood of Fairhill in North Philadelphia, Philadelphia.
What is the average sales price for listings in 714 West Allegheny Avenue?
The average sales price for units in 714 West Allegheny Avenue is $0 currently.

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