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7702 Loretto Avenue

7702 Loretto Avenue, Philadelphia, PA 19111
Property in Rhawnhurst
Sold Sep 29, 2020
$245,000
$196,000 by Parke Bank
Mortgage Due Sep 01, 2050
Sold Oct 20, 1989
$82,500
7702 Loretto 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 1960 and is 64 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 7702 Loretto Avenue has 1,728 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 250 ft. The area measurement of the land has been determined as 2,575 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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 detached 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 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. The property was last sold in Aug 31, 2020 for $245,000. That's $141.78 per sqft. Prior to that sales transaction, the property was also sold in Sep 25, 1989 for $82,500. 7702 Loretto Avenue was last assessed in 2023. The total value of the property was assessed at $246,900. Specifically, the land the property is located on was valued at $49,380. While improvements on the property were assessed at a total of $197,520. 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 $3,456. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 2,575
  • Lot Size Depth Feet: 1,030
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,728
  • Gross Building Area: 1,728
  • Building Area: 1,728
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,728
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.059
  • Standard Land Use Code: Duplex (2 units, any combination)
  • State Land Use Code: Single family residential
  • Legal Description 1: 376 N OF NAPFLE ST

Ownership

  • Current Owner : LI WEN BI
  • Current Owner 2: LIU AIQING
  • Previous Owner : KLINE KENNETH S
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 033600

Zoning

  • Zoning: RSA3

Geography

  • Assessors Map Reference: 138N090160
  • Account Number: 183600
  • District: WARD #56
  • Parcel: 56-1183600
  • Block: 138N9
  • Lot: 160
  • Municipality: PHILADELPHIA
  • Latitude: 40.0581
  • Longitude: -75.0626

    Address

  • Full Address: 7702 Loretto Ave
  • Address - House Number: 7702
  • Address - Street Name: Loretto
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C049
  • 4-Digit Zip Code: 3508
  • Zip Code: 19111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,456
  • Tax Rate Code Area: 56

    Appraisal Valuation

  • Standard Deviation: 0.2765
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 60
  • Final Value: 318,294
  • High Value: 406,312
  • Low Value: 230,276

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $196,000
  • First Open Lien Mortgage Lender: PARKE BANK
  • First Open Lien Mortgage Recording Date: Sep 29, 2020
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $196,000
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $246,900
  • Market Land Value: $49,380
  • Market Improvement Value: $197,520

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $246,900
  • Assessed Land Value: $49,380
  • Assessed Improvements Value: $197,520

    Sales

  • Current Sale Contract Date: Aug 31, 2020
  • Current Sale Recording Date: Sep 29, 2020
  • Current Sale Transaction ID: 11790521521
  • Current Sale Price: $245,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53723763
  • Previous Sale Recording Date: Oct 20, 1989
  • Previous Sale Contract Date: Sep 25, 1989
  • Previous Sale Amount: $82,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARKE BANK
  • First Mortgage Transaction Date: Sep 29, 2020
  • First Mortgage Loan Amount: $196,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Financing

  • First Mortgage Financing Type: Variable

About Northeast Philadelphia



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Frequently Asked Questions

What neighborhood is 7702 Loretto Avenue located in?
The 7702 Loretto Avenue is a located in the neighborhood of Rhawnhurst in Northeast Philadelphia, Philadelphia.
What is the average sales price for listings in 7702 Loretto Avenue?
The average sales price for units in 7702 Loretto Avenue is $0 currently.

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