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902 New Market Street

902 New Market Street, Philadelphia, PA 19123
1 Units For Sale
Unit for sale at 902 NEW MARKET ST, PHILADELPHIA, PA 19123

$630,000

  • 3 Beds
  • 3 Baths
  • 2,295 ft²
902 NEW MARKET ST, PHILADELPHIA, PA 19123 Listing by Ben Hooson-Jones

902 New Market Street 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 2012 and is 12 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 3 stories. In addition, 902 New Market Street has 2,295 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 680 ft and across the front of the lot is 270 ft. The area measurement of the land has been determined as 1,127 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a modern 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. Moving on to the building itself. The condition of the building has been evaluated as unknown. 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 inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. The property was last sold in Feb 8, 2021 for $590,000. That's $257.08 per sqft. Prior to that sales transaction, the property was also sold in Sep 29, 2014 for $460,000. 902 New Market Street was last assessed in 2023. The total value of the property was assessed at $610,700. Specifically, the land the property is located on was valued at $122,140. While improvements on the property were assessed at a total of $488,560. 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 $8,549. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.

Building Features

Exterior

Concrete Exterior

Building Style

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20201014
10/14/2020
3 Bed
3 Bath
2295 ft²
$599,900
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2295 ft²
$590,000 -1.65%
02/22/2021
Noah Ostroff
Keller Williams Philly

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Masonry
  • Building Style: Modern
  • Exterior Walls Type: Brick
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,127
  • Lot Size Depth Feet: 680
  • Lot Size Frontage Feet: 270
  • Total Building Area: 2,295
  • Gross Building Area: 2,295
  • Building Area: 2,295
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,295
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.026
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Royalty interest
  • State Land Use Code: Single family residential
  • Legal Description 1: N W C POPLAR ST

Ownership

  • Current Owner : ORAVEC SETH G
  • Previous Owner : PALMER MICHAEL J
  • Owner Before Previous Owner: RICCHETTI CHRIS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 014202

Zoning

  • Zoning: RSA5

Geography

  • Assessors Map Reference: 006N090229
  • Account Number: 033900
  • District: WARD #05
  • Parcel: 05-7033900
  • Block: 6N9
  • Lot: 229
  • Municipality: PHILADELPHIA
  • Latitude: 39.9636
  • Longitude: -75.1395

    Address

  • Full Address: 902 New Market St
  • Address - House Number: 902
  • Address - Street Name: New Market
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C001
  • 4-Digit Zip Code: 2306
  • Zip Code: 19123

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,549
  • Tax Rate Code Area: 5

    Appraisal Valuation

  • Standard Deviation: 0.2752
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 60
  • Final Value: 640,668
  • High Value: 817,008
  • Low Value: 464,328

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $548,250
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Feb 22, 2021
  • First Open Lien Mortgage Loan Amount: $548,250
  • 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: Mar 01, 2051

    Market Valuation

  • Market Total Value: $610,700
  • Market Land Value: $122,140
  • Market Improvement Value: $488,560

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $610,700
  • Assessed Land Value: $122,140
  • Assessed Improvements Value: $488,560

    Sales

  • Current Sale Contract Date: Feb 08, 2021
  • Current Sale Recording Date: Feb 22, 2021
  • Current Sale Transaction ID: 11822845300
  • Current Sale Price: $590,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53794451
  • Previous Sale Recording Date: Oct 15, 2014
  • Previous Sale Contract Date: Sep 29, 2014
  • Previous Sale Amount: $460,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Feb 22, 2021
  • First Mortgage Loan Amount: $548,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: GATEWAY FUNDING DIVERSIFIED MT
  • Previous Mortgage Transaction Date: Oct 15, 2014
  • Previous Mortgage Loan Amount: $414,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2044

About North Philadelphia



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Frequently Asked Questions

What neighborhood is 902 New Market Street located in?
The 902 New Market Street is a located in the neighborhood of Northern Liberties - Fishtown in North Philadelphia, Philadelphia.
How many listings are currently for sale in 902 New Market Street?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 902 New Market Street?
The average sales price for units in 902 New Market Street is $599,900 , or $261/sqft. currently.

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