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7225 Rising Sun Avenue

7225 Rising Sun Avenue, Philadelphia, PA 19111
Multifamily in Lawncrest
Local assessors in Philadelphia, PA have categorized 7225 Rising Sun Avenue as a commercial type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 2,708 square feet. The linear feet between the front and back of the lot was measured at 950 ft and the front of the lot was measured at 290 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. 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 7225 Rising Sun Avenue has a total of 2,863 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. 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 hot water heating system is the primary heating source. 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, 7225 Rising Sun Avenue was last sold in Jun 15, 2020 for $300,000. According to our calculations, that's $104.79 per sqft. Prior to that sales transaction, the property was sold for $75,000 in Jul 29, 1999. Current property owners are expected to pay $2,989 in taxes per year. The property on 7225 Rising Sun Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $213,500. To break that down further, the land itself was valued at $42,700. While improvements to the property were assessed at a total of $170,800. 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

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20181105
11/05/2018
Studio
-
-
$340,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: Unknown
  • Exterior Walls Type: Brick
  • Floor Count: 3
  • Living Units: 1
  • Business/Commerical Units Count: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,708
  • Lot Size Depth Feet: 950
  • Lot Size Frontage Feet: 290
  • Total Building Area: 2,863
  • Gross Building Area: 2,863
  • Building Area: 2,863
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 2,863
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 0.062
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: 3332 1/4N OF

Ownership

  • Current Owner : LI GUO ZHEN
  • Current Owner 2: LIU YUE XI
  • Previous Owner : TERESHCHENKO SERGEY
  • Previous Owner 2: TERESHCHENKO INNA
  • Owner Before Previous Owner: KEYSTONE BANK NA
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 030700

Zoning

  • Zoning: CMX2

Geography

  • Assessors Map Reference: 125N210165
  • Account Number: 547550
  • District: WARD #35
  • Parcel: 87-1547550
  • Block: 125N2
  • Lot: 165
  • Municipality: PHILADELPHIA
  • Latitude: 40.0601
  • Longitude: -75.0849

    Address

  • Full Address: 7225 Rising Sun Ave
  • Address - House Number: 7225
  • Address - Street Name: Rising Sun
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C078
  • 4-Digit Zip Code: 4079
  • Zip Code: 19111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,989
  • Tax Rate Code Area: 35

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $120,000
  • First Open Lien Mortgage Lender: PARKE BANK
  • First Open Lien Mortgage Recording Date: Jun 18, 2020
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $120,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $213,500
  • Market Land Value: $42,700
  • Market Improvement Value: $170,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $213,500
  • Assessed Land Value: $42,700
  • Assessed Improvements Value: $170,800

    Sales

  • Current Sale Contract Date: Jun 15, 2020
  • Current Sale Recording Date: Jun 18, 2020
  • Current Sale Transaction ID: 11769543341
  • Current Sale Price: $300,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53679270
  • Previous Sale Recording Date: Aug 11, 1999
  • Previous Sale Contract Date: Jul 29, 1999
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARKE BANK
  • First Mortgage Transaction Date: Jun 18, 2020
  • First Mortgage Loan Amount: $120,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Financing

  • First Mortgage Financing Type: Variable

About Northeast Philadelphia



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 7225 Rising Sun Avenue located in?
The 7225 Rising Sun Avenue is a multifamily located in the neighborhood of Lawncrest in Northeast Philadelphia, Philadelphia.
What is the average sales price for listings in 7225 Rising Sun Avenue?
The average sales price for units in 7225 Rising Sun Avenue is $0 currently.

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