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7705 Lincoln Drive

7705 Lincoln Drive, Philadelphia, PA 19118
Property in Chestnut Hill
Sold Feb 15, 2022
$1,100,000
$880,000 by Leader Bank Na
Mortgage Due Feb 01, 2052
Sold Dec 02, 2009
$737,500
$330,000 by Trident Mortgage Company Lp
Mortgage Due Dec 01, 2039
7705 Lincoln Drive 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 1925 and is 99 years old. The home has a total of 9 rooms. 4 of these rooms are legally considered as 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, 7705 Lincoln Drive has 3,173 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 550 ft and across the front of the lot is 1,300 ft. The area measurement of the land has been determined as 3,563 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. For the features and amenities located on the property. There is a garage underground or in the basement 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 stone control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The exterior walls of the building are made of rock and stone. 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 and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. 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, 7705 Lincoln Drive was last sold in Jan 5, 2022 for $1,100,000. According to our calculations, that's $346.68 per sqft. Prior to that sales transaction, the property was sold for $737,500 in Nov 20, 2009. Current property owners are expected to pay $12,177 in taxes per year. The property on 7705 Lincoln Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $949,900. To break that down further, the land itself was valued at $189,980. While improvements to the property were assessed at a total of $759,920. 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: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Fair
  • Building Quality: C+
  • Construction Type: Stone
  • Exterior Walls Type: Rock and stone
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,563
  • Lot Size Depth Feet: 550
  • Lot Size Frontage Feet: 1,300
  • Total Building Area: 3,173
  • Gross Building Area: 3,173
  • Building Area: 3,173
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 3,173
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.082
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Utilities (right-of-way only)
  • State Land Use Code: Single family residential
  • Legal Description 1: SEC CROSS + LINCOLN

Ownership

  • Current Owner : BELL ROBERT S
  • Current Owner 2: BELL HEIDI J
  • Previous Owner : GLAZER GARY S
  • Owner Before Previous Owner: ROHLFING HARRY E
  • Owner Before Previous Owner 2: ROHLFING PATRICIA E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 023100

Zoning

  • Zoning: RSD1

Geography

  • Assessors Map Reference: 132N020050
  • Account Number: 314702
  • District: WARD #09
  • Parcel: 09-2314702
  • Block: 132N2
  • Lot: 81S
  • Municipality: PHILADELPHIA
  • Latitude: 40.0653
  • Longitude: -75.2012

    Address

  • Full Address: 7705 Lincoln Dr
  • Address - House Number: 7705
  • Address - Street Name: Lincoln
  • Address - Suffix Type: Dr
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C099
  • 4-Digit Zip Code: 4004
  • Zip Code: 19118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,177
  • Tax Rate Code Area: 9

    Appraisal Valuation

  • Standard Deviation: 0.2714
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 61
  • Final Value: 1,026,863
  • High Value: 1,305,607
  • Low Value: 748,120

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $880,000
  • First Open Lien Mortgage Lender: LEADER BANK NA
  • First Open Lien Mortgage Recording Date: Feb 15, 2022
  • First Open Lien Mortgage Loan Amount: $880,000
  • 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: Feb 01, 2052

    Market Valuation

  • Market Total Value: $949,900
  • Market Land Value: $189,980
  • Market Improvement Value: $759,920

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $949,900
  • Assessed Land Value: $189,980
  • Assessed Improvements Value: $759,920

    Sales

  • Current Sale Contract Date: Jan 05, 2022
  • Current Sale Recording Date: Feb 15, 2022
  • Current Sale Transaction ID: 11883984791
  • Current Sale Price: $1,100,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53973898
  • Previous Sale Recording Date: Dec 02, 2009
  • Previous Sale Contract Date: Nov 20, 2009
  • Previous Sale Amount: $737,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LEADER BANK NA
  • First Mortgage Transaction Date: Feb 15, 2022
  • First Mortgage Loan Amount: $880,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: TRIDENT MORTGAGE COMPANY LP
  • Previous Mortgage Transaction Date: Dec 02, 2009
  • Previous Mortgage Loan Amount: $330,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2039

About Northwest Philadelphia



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Frequently Asked Questions

What neighborhood is 7705 Lincoln Drive located in?
The 7705 Lincoln Drive is a located in the neighborhood of Chestnut Hill in Northwest Philadelphia, Philadelphia.
What is the average sales price for listings in 7705 Lincoln Drive?
The average sales price for units in 7705 Lincoln Drive is $0 currently.

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