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8870 Norwood Avenue

8870 Norwood Avenue, Philadelphia, PA 19118
Sold Sep 30, 2020
$1,510,000
$1,208,000 by Premia Mortgage Llc
Mortgage Due Oct 01, 2050
Sold Nov 05, 2012
$1,400,000
$400,000 by Td Bank Na
Mortgage Due Nov 01, 2027
Local assessors in Philadelphia, PA have categorized 8870 Norwood Avenue as a residential type of property. The home was built in 1964 and is 60 years old. The property's lot size has been calculated to be 63,387 square feet. The linear feet between the front and back of the lot was measured at 2,590 ft and the front of the lot was measured at 2,450 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. This is a 3 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 8870 Norwood Avenue has a total of 6,621 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 detached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is fair. 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 rock and stone were used in the construction of the exterior walls of the home. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Sep 10, 2020 for $1,510,000. That's $228.06 per sqft. Prior to that sales transaction, the property was also sold in Oct 25, 2012 for $1,400,000. 8870 Norwood Avenue was last assessed in 2023. The total value of the property was assessed at $1,722,300. Specifically, the land the property is located on was valued at $344,460. While improvements on the property were assessed at a total of $1,377,840. 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 $22,989. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Exterior

Masonry Exterior

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Fair
  • Construction Type: Masonry
  • Building Style: Colonial
  • Exterior Walls Type: Rock and stone
  • Floor Count: 3
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 63,387
  • Lot Size Depth Feet: 2,590
  • Lot Size Frontage Feet: 2,450
  • Total Building Area: 6,621
  • Gross Building Area: 6,621
  • Building Area: 6,621
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 6,621
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.455
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • State Land Use Code: Single family residential
  • Legal Description 1: ; LOT 2446 ON NORWOOD AVE

Ownership

  • Current Owner : RAYMOND JENNIFER
  • Current Owner 2: LORENC ANDREW J
  • Previous Owner : LOHR TERRANCE G
  • Previous Owner 2: LOHR SUSAN A
  • Owner Before Previous Owner: STERN MATTHEW B
  • Owner Before Previous Owner 2: STERN JANET RIES
  • Is Owner Occupied: Owner-occupied property
  • 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: 038700

Zoning

  • Zoning: RSD1

Geography

  • Assessors Map Reference: 087N200058
  • Account Number: 219400
  • District: WARD #09
  • Parcel: 09-1219400
  • Block: 87N20
  • Lot: 58
  • Municipality: PHILADELPHIA
  • Latitude: 40.0814
  • Longitude: -75.2133

    Address

  • Full Address: 8870 Norwood Ave
  • Address - House Number: 8870
  • Address - Street Name: Norwood
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C030
  • 4-Digit Zip Code: 2711
  • Zip Code: 19118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $22,989
  • Tax Rate Code Area: 9

    Appraisal Valuation

  • Standard Deviation: 0.2306
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 1,703,383
  • High Value: 2,096,342
  • Low Value: 1,310,425

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,208,000
  • First Open Lien Mortgage Lender: PREMIA MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Sep 30, 2020
  • First Open Lien Mortgage Loan Amount: $1,208,000
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $1,722,300
  • Market Land Value: $344,460
  • Market Improvement Value: $1,377,840

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,722,300
  • Assessed Land Value: $344,460
  • Assessed Improvements Value: $1,377,840

    Sales

  • Current Sale Contract Date: Sep 10, 2020
  • Current Sale Recording Date: Sep 30, 2020
  • Current Sale Transaction ID: 11790518001
  • Current Sale Price: $1,510,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53724422
  • Previous Sale Recording Date: Nov 05, 2012
  • Previous Sale Contract Date: Oct 25, 2012
  • Previous Sale Amount: $1,400,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PREMIA MORTGAGE LLC
  • First Mortgage Transaction Date: Sep 30, 2020
  • First Mortgage Loan Amount: $1,208,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: TD BANK NA
  • Previous Mortgage Transaction Date: Nov 05, 2012
  • Previous Mortgage Loan Amount: $400,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2027

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Frequently Asked Questions

What neighborhood is 8870 Norwood Avenue located in?
The 8870 Norwood Avenue is a house located in the neighborhood of Chestnut Hill in Northwest Philadelphia, Philadelphia.
What is the average sales price for listings in 8870 Norwood Avenue?
The average sales price for units in 8870 Norwood Avenue is $0 currently.

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