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751 Adams Avenue

751 Adams Avenue, Philadelphia, PA 19124
Property in Lawncrest
Sold Dec 15, 2021
$1,650,000
$990,000 by Uif Corporation
Mortgage
Sold May 17, 2012
$620,000
$450,000 by Morebank
Mortgage
751 Adams Avenue 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 1933 and is 91 years old. The building has a total of 3 stories. In addition, 751 Adams Avenue has 19,256 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 1,030 ft and across the front of the lot is 1,280 ft. The area measurement of the land has been determined as 13,056 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. 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. 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, 751 Adams Avenue was last sold in Aug 31, 2021 for $1,650,000. According to our calculations, that's $85.69 per sqft. Prior to that sales transaction, the property was sold for $620,000 in May 7, 2012. Current property owners are expected to pay $14,467 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 751 Adams Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,033,500. To break that down further, the land itself was valued at $310,050. While improvements to the property were assessed at a total of $723,450. 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.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: 1933
  • Effective Year Built: 1933
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Construction Type: Masonry
  • Exterior Walls Type: Brick
  • Floor Count: 3
  • Living Units: 17
  • Business/Commerical Units Count: 18
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,056
  • Lot Size Depth Feet: 1,030
  • Lot Size Frontage Feet: 1,280
  • Total Building Area: 19,256
  • Gross Building Area: 19,256
  • Building Area: 19,256
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 19,256
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.3
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: NWC MONTOUR ST

Ownership

  • Current Owner : 751 ADAMS AVE LLC
  • Previous Owner : 751 ADAMS REALTY LLC
  • Owner Before Previous Owner: VNB NEW YORK CORP
  • 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: 029100

Zoning

  • Zoning: RSA5

Geography

  • Assessors Map Reference: 148N190068
  • Account Number: 131003
  • District: WARD #35
  • Parcel: 88-1131003
  • Block: 148N1
  • Lot: 68
  • Municipality: PHILADELPHIA
  • Latitude: 40.032
  • Longitude: -75.1052

    Address

  • Full Address: 751 Adams Ave
  • Address - House Number: 751
  • Address - Street Name: Adams
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C050
  • 4-Digit Zip Code: 2345
  • Zip Code: 19124

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,467
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 35

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 1,774,453
  • High Value: 2,559,311
  • Low Value: 989,594

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $990,000
  • First Open Lien Mortgage Lender: UIF CORPORATION
  • First Open Lien Mortgage Recording Date: Dec 15, 2021
  • First Open Lien Mortgage Loan Amount: $990,000
  • 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: $1,033,500
  • Market Land Value: $310,050
  • Market Improvement Value: $723,450

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,033,500
  • Assessed Land Value: $310,050
  • Assessed Improvements Value: $723,450

    Sales

  • Current Sale Contract Date: Aug 31, 2021
  • Current Sale Recording Date: Dec 15, 2021
  • Current Sale Transaction ID: 11876924607
  • Current Sale Price: $1,650,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53919729
  • Previous Sale Recording Date: May 17, 2012
  • Previous Sale Contract Date: May 07, 2012
  • Previous Sale Amount: $620,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: UIF CORPORATION
  • First Mortgage Transaction Date: Dec 15, 2021
  • First Mortgage Loan Amount: $990,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: MOREBANK
  • Previous Mortgage Transaction Date: May 17, 2012
  • Previous Mortgage Loan Amount: $450,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 751 Adams Avenue located in?
The 751 Adams Avenue is a located in the neighborhood of Lawncrest in Northeast Philadelphia, Philadelphia.
What is the average sales price for listings in 751 Adams Avenue?
The average sales price for units in 751 Adams Avenue is $0 currently.

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