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7406 Medrick Place

7406 Medrick Place, Philadelphia, PA 19153
Sold Jul 02, 2007
$148,900
$140,000 by Us Mortgageline
Mortgage Due Apr 01, 2052
7406 Medrick Place 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. It is a single story home. 7406 Medrick Place has 860 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 200 ft and the linear feet between the front and back of the lot is 900. In total, the area measurement of the land is 1,800 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage underground or in the basement. There is one available parking space. 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. 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, 7406 Medrick Place was last sold in Jun 15, 2007 for $148,900. According to our calculations, that's $173.14 per sqft. Current property owners are expected to pay $955 in taxes per year. The property on 7406 Medrick Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $148,200. To break that down further, the land itself was valued at $29,640. While improvements to the property were assessed at a total of $118,560. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: Townhouse
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,800
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 200
  • Total Building Area: 860
  • Gross Building Area: 860
  • Building Area: 860
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 860
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KORMAN DEV CO INC
  • Land Acres: 0.041
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Easement (misc.)
  • State Land Use Code: Single family residential
  • Legal Description 1: 60.200 FR NWS OF

Ownership

  • Current Owner : THOMPSON CAROLYN PURNELL
  • Previous Owner : BUNYON M JOANNA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 006000

Zoning

  • Zoning: RM1

Geography

  • Assessors Map Reference: 049S040139
  • Account Number: 678400
  • District: WARD #40
  • Parcel: 40-6678400
  • Block: 49S4
  • Lot: 137
  • Municipality: PHILADELPHIA
  • Latitude: 39.9105
  • Longitude: -75.2397

    Address

  • Full Address: 7406 Medrick Pl
  • Address - House Number: 7406
  • Address - Street Name: Medrick
  • Address - Suffix Type: Pl
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C028
  • 4-Digit Zip Code: 2307
  • Zip Code: 19153

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $955
  • Tax Rate Code Area: 40

    Appraisal Valuation

  • Standard Deviation: 0.2756
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 60
  • Final Value: 220,201
  • High Value: 280,895
  • Low Value: 159,507

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $140,000
  • First Open Lien Mortgage Lender: US MORTGAGELINE
  • First Open Lien Mortgage Recording Date: Apr 08, 2022
  • First Open Lien Mortgage Loan Amount: $140,000
  • 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: Apr 01, 2052

    Market Valuation

  • Market Total Value: $148,200
  • Market Land Value: $29,640
  • Market Improvement Value: $118,560

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $148,200
  • Assessed Land Value: $29,640
  • Assessed Improvements Value: $118,560

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 15, 2007
  • Current Sale Recording Date: Jul 02, 2007
  • Current Sale Transaction ID: 1093669018
  • Current Sale Price: $148,900
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 51724603

    Last Sale Mortgage

  • First Mortgage Lender: SOVEREIGN BANK
  • First Mortgage Transaction Date: Jul 02, 2007
  • First Mortgage Loan Amount: $147,682
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2037

About Southwest Philadelphia



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Frequently Asked Questions

What neighborhood is 7406 Medrick Place located in?
The 7406 Medrick Place is a located in the neighborhood of Eastwick - Southwest Philadelphia in Southwest Philadelphia, Philadelphia.
What is the average sales price for listings in 7406 Medrick Place?
The average sales price for units in 7406 Medrick Place is $0 currently.

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