7974 Loretto Avenue

Local assessors in Philadelphia, PA have categorized 7974 Loretto Avenue as a residential type of property. The home was built in 1960 and is 64 years old. The property's lot size has been calculated to be 2,538 square feet. The linear feet between the front and back of the lot was measured at 1,020 ft and the front of the lot was measured at 250 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7974 Loretto Avenue has a total of 1,620 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage underground or in the basement for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is poor. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Lots of brick were used in the construction of the exterior walls of the home. The home's baseboard heaters is the primary heating source and it is being fueled with electricity. The property was last sold in Aug 27, 2019 for $200,000. That's $123.46 per sqft. Prior to that sales transaction, the property was also sold in Dec 19, 2014 for $150,000. 7974 Loretto Avenue was last assessed in 2023. The total value of the property was assessed at $268,000. Specifically, the land the property is located on was valued at $53,600. While improvements on the property were assessed at a total of $214,400. 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 $3,751. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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.