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940 Oakmont Street

940 Oakmont Street, Philadelphia, PA 19111
Multifamily in Fox Chase - Burholme
Sold Sep 10, 2020
$222,000
Sold Feb 17, 1995
$85,400
940 Oakmont Street in Philadelphia, PA was first built in 1960 and is 64 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 2 floors. 940 Oakmont Street has 1,440 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 250 ft and the linear feet between the front and back of the lot is 750. In total, the area measurement of the land is 1,869 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. 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, 940 Oakmont Street was last sold in Aug 24, 2020 for $222,000. According to our calculations, that's $154.17 per sqft. Prior to that sales transaction, the property was sold for $85,400 in Dec 30, 1994. Current property owners are expected to pay $3,462 in taxes per year. The property on 940 Oakmont Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $247,300. To break that down further, the land itself was valued at $49,460. While improvements to the property were assessed at a total of $197,840. 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. 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.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.

Building Features

Exterior

Masonry Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: Duplex
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,869
  • Lot Size Depth Feet: 750
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,440
  • Gross Building Area: 1,440
  • Building Area: 1,440
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,440
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOX CHASE
  • Land Acres: 0.043
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Parcels with improvements, use not specified
  • State Land Use Code: Townhouse (residential)
  • Legal Description 1: 4640 3/8E VERREE RD

Ownership

  • Current Owner : ZHENG DING JING
  • Current Owner 2: WANG JIANLIN
  • Previous Owner : HELM STEVEN K
  • Previous Owner 2: HELM CAROLYN A
  • Owner Before Previous Owner: THOMPSON RICHARD P
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 033900

Zoning

  • Zoning: RTA1

Geography

  • Assessors Map Reference: 118N220238
  • Account Number: 186700
  • District: WARD #63
  • Parcel: 63-1186700
  • Block: 118N2
  • Lot: 238
  • Municipality: PHILADELPHIA
  • Latitude: 40.0653
  • Longitude: -75.0813

    Address

  • Full Address: 940 Oakmont St
  • Address - House Number: 940
  • Address - Street Name: Oakmont
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C078
  • 4-Digit Zip Code: 3223
  • Zip Code: 19111

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,462
  • Tax Rate Code Area: 63

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 491,535
  • High Value: 708,945
  • Low Value: 274,124

    Market Valuation

  • Market Total Value: $247,300
  • Market Land Value: $49,460
  • Market Improvement Value: $197,840

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $247,300
  • Assessed Land Value: $49,460
  • Assessed Improvements Value: $197,840

    Sales

  • Current Sale Contract Date: Aug 24, 2020
  • Current Sale Recording Date: Sep 10, 2020
  • Current Sale Transaction ID: 11787987477
  • Current Sale Price: $222,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53715300
  • Previous Sale Recording Date: Feb 17, 1995
  • Previous Sale Contract Date: Dec 30, 1994
  • Previous Sale Amount: $85,400
  • Previous Sale Document Type: Deed

About Northeast Philadelphia



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Frequently Asked Questions

What neighborhood is 940 Oakmont Street located in?
The 940 Oakmont Street is a multifamily located in the neighborhood of Fox Chase - Burholme in Northeast Philadelphia, Philadelphia.
What is the average sales price for listings in 940 Oakmont Street?
The average sales price for units in 940 Oakmont Street is $0 currently.

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