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741 South 2nd Street

741 South 2nd Street, Philadelphia, PA 19147
1 Units For Sale
Unit for sale at 741 S 2ND ST, PHILADELPHIA, PA 19147

$1,389,000

  • 3 Beds
  • 4 Baths
  • 3,160 ft²
741 S 2ND ST, PHILADELPHIA, PA 19147 Listing by Rachel Reilly

741 South 2nd 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 2004 and is 20 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 3 stories. In addition, 741 South 2nd Street has 3,160 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 830 ft and across the front of the lot is 180 ft. The area measurement of the land has been determined as 1,488 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a modern 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 fair. 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 hot water heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water 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, 741 South 2nd Street was last sold in Apr 25, 2012 for $1,050,000. According to our calculations, that's $332.28 per sqft. Prior to that sales transaction, the property was sold for $1,026,100 in Jun 8, 2004. Current property owners are expected to pay $13,854 in taxes per year. The property on 741 South 2nd Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,069,700. To break that down further, the land itself was valued at $213,940. While improvements to the property were assessed at a total of $855,760. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.

Building Features

Building Style

Contemporary

Parking

Garage Parking
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: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Fair
  • Construction Type: Masonry
  • Building Style: Modern
  • Exterior Walls Type: Brick
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,488
  • Lot Size Depth Feet: 830
  • Lot Size Frontage Feet: 180
  • Total Building Area: 3,160
  • Gross Building Area: 3,160
  • Building Area: 3,160
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 3,160
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.034
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Royalty interest
  • State Land Use Code: Single family residential
  • Legal Description 1: 16 S PEMBERTON ST

Ownership

  • Current Owner : YOUNG CLARENCE L
  • Current Owner 2: NICKERSON WENDY D
  • Previous Owner : STATON GREGORY ERIC
  • Previous Owner 2: STATON EMMA
  • Owner Before Previous Owner: CHRISTIAN STREET DEVELOPERS LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 001600

Zoning

  • Zoning: RSA5

Geography

  • Assessors Map Reference: 005S130139
  • Account Number: 102200
  • District: WARD #02
  • Parcel: 02-3102200
  • Block: 5S13
  • Lot: 139
  • Municipality: PHILADELPHIA
  • Latitude: 39.939
  • Longitude: -75.1459

    Address

  • Full Address: 741 S 2nd St
  • Address - House Number: 741
  • Street Direction: S
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C001
  • 4-Digit Zip Code: 3425
  • Zip Code: 19147

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,854
  • Tax Rate Code Area: 2

    Appraisal Valuation

  • Standard Deviation: 0.2355
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 67
  • Final Value: 1,354,008
  • High Value: 1,672,892
  • Low Value: 1,035,125

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $650,000
  • First Open Lien Mortgage Lender: TRIDENT MORTGAGE COMPANY LP
  • First Open Lien Mortgage Recording Date: May 18, 2012
  • First Open Lien Mortgage Loan Amount: $417,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: May 01, 2042
  • Second Open Lien Mortgage Lender: MERIDIAN BANK
  • Second Open Lien Mortgage Recording Date: May 18, 2012
  • Second Open Lien Mortgage Loan Amount: $83,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: May 01, 2042
  • Third Open Lien Mortgage Lender: ARDENT FCU
  • Third Open Lien Mortgage Recording Date: May 01, 2019
  • Third Open Lien Mortgage Financing Type: Variable
  • Third Open Lien Mortgage Loan Amount: $150,000
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Third Open Lien Mortgage Loan Due Date: Apr 20, 2049

    Market Valuation

  • Market Total Value: $1,069,700
  • Market Land Value: $213,940
  • Market Improvement Value: $855,760

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,069,700
  • Assessed Land Value: $213,940
  • Assessed Improvements Value: $855,760

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 25, 2012
  • Current Sale Recording Date: May 18, 2012
  • Current Sale Transaction ID: 1132118287
  • Current Sale Price: $1,050,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 52485596
  • Previous Sale Recording Date: Jun 21, 2004
  • Previous Sale Contract Date: Jun 08, 2004
  • Previous Sale Amount: $1,026,100
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRIDENT MORTGAGE COMPANY LP
  • First Mortgage Transaction Date: May 18, 2012
  • First Mortgage Loan Amount: $417,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: May 01, 2042
  • Second Mortgage Lender: MERIDIAN BANK
  • Second Mortgage Loan Amount: $83,000
  • Second Mortgage Terms: 360

    Previous Mortgages

  • Previous Mortgage Lender: STEINERT MORTGAGE INC
  • Previous Mortgage Transaction Date: Jun 21, 2004
  • Previous Mortgage Loan Amount: $290,000
  • Previous Mortgage Term: 84
  • Previous Mortgage Loan Type: Balloon
  • Previous Mortgage Loan Due Date: Jul 01, 2011

About South Philadelphia



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Frequently Asked Questions

What neighborhood is 741 South 2nd Street located in?
The 741 South 2nd Street is a located in the neighborhood of Queen Village - Pennsport in South Philadelphia, Philadelphia.
How many listings are currently for sale in 741 South 2nd Street?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 741 South 2nd Street?
The average sales price for units in 741 South 2nd Street is $1,389,000 , or $440/sqft. currently.

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