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7162 Torresdale Avenue

7162 Torresdale Avenue, Philadelphia, PA 19135
2 Units For Sale
Unit for sale at 7162 TORRESDALE AVENUE, PHILADELPHIA, PA 19135

$550,000 ↓ $25K

  • Studio
  • 2,604 ft²
7162 TORRESDALE AVENUE, PHILADELPHIA, PA 19135 Listing by Matthew Albright

Unit for sale at 7162 TORRESDALE AVENUE, PHILADELPHIA, PA 19135

$550,000 ↓ $25K

  • Commercial
7162 TORRESDALE AVENUE, PHILADELPHIA, PA 19135 Listing by Matthew Albright

Local assessors in Philadelphia, PA have categorized 7162 Torresdale Avenue as a commercial type of property. The home was built in 1945 and is 79 years old. The property's lot size has been calculated to be 2,835 square feet. The linear feet between the front and back of the lot was measured at 1,420 ft and the front of the lot was measured at 200 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. This is a 2 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 7162 Torresdale Avenue has a total of 2,604 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. Additional features on the property are as follows. There is a garage underground or in the basement for those who need a place to park their vehicle. There are 3 available parking spaces so it's a great situation for those with more than one car. 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. The home's a heating system is the primary heating source. The property was last sold in Jun 14, 2023 for $325,000. That's $124.81 per sqft. 7162 Torresdale Avenue was last assessed in 2023. The total value of the property was assessed at $171,400. Specifically, the land the property is located on was valued at $34,280. While improvements on the property were assessed at a total of $137,120. 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 $2,181. The initial tax year of delinquency was in 2021. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.

Building Features

Exterior

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

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: Unknown
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Business/Commerical Units Count: 1
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 2,835
  • Lot Size Depth Feet: 1,420
  • Lot Size Frontage Feet: 200
  • Total Building Area: 2,604
  • Gross Building Area: 2,604
  • Building Area: 2,604
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 2,604
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 0.065
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: SW3 WELLINGTON ST

Ownership

  • Current Owner : 2712 ENTERPRISES LLC
  • Previous Owner : TYGH VERA
  • 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: 032600

Zoning

  • Zoning: CMX2

Geography

  • Assessors Map Reference: 115N200150
  • Account Number: 299500
  • District: WARD #41
  • Parcel: 87-1299500
  • Block: 115N2
  • Lot: 16
  • Municipality: PHILADELPHIA
  • Latitude: 40.0295
  • Longitude: -75.037

    Address

  • Full Address: 7162 Torresdale Ave
  • Address - House Number: 7162
  • Address - Street Name: Torresdale
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C012
  • 4-Digit Zip Code: 1328
  • Zip Code: 19135

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,181
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 41

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: FIRSTRUST BANK
  • First Open Lien Mortgage Recording Date: Jun 21, 2023
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $171,400
  • Market Land Value: $34,280
  • Market Improvement Value: $137,120

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $171,400
  • Assessed Land Value: $34,280
  • Assessed Improvements Value: $137,120

    Sales

  • Current Sale Contract Date: Jun 14, 2023
  • Current Sale Recording Date: Jun 21, 2023
  • Current Sale Transaction ID: 11908657601
  • Current Sale Price: $325,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 54193423

    Last Sale Mortgage

  • First Mortgage Lender: FIRSTRUST BANK
  • First Mortgage Transaction Date: Jun 21, 2023
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Northeast Philadelphia



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 7162 Torresdale Avenue located in?
The 7162 Torresdale Avenue is a located in the neighborhood of Tacony - Wissinoming in Northeast Philadelphia, Philadelphia.
How many listings are currently for sale in 7162 Torresdale Avenue?
There are two listings currently on the market for sale.
What is the average sales price for listings in 7162 Torresdale Avenue?
The average sales price for units in 7162 Torresdale Avenue is $550,000 , or $211/sqft. currently.

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