See Home Value
$22,000
Land - Off Market

961 E LOCUST AVE

PHILADELPHIA, PA 19138
bedrooms
Studio
bathrooms
0 Bath
$109
Estimated Monthly
$0
HOA / Fees

About This Property

Welcome to 961 E Locust Ave, Philadelphia, PA 19138: A Buildable Vacant Lot in East Germantown

Developers and investors, turn your attention to this 16 Ft x 35 Ft vacant lot, situated in the vibrant East Germantown neighborhood. This fantastic opportunity is nestled on a well-loved residential block and awaits your visionary touch.

Zoned RM-1 (Residential Multifamily), the lot offers you the chance to construct a multifamily dwelling that complements the area's unique blend of historical charm and contemporary convenience.

A highlight of this property is its strategic location. The convenience of public transit is merely a short walk away with several Septa bus stops in the vicinity. You'll also find numerous casual restaurants nearby, adding to the appeal for future residents seeking a diverse and vibrant local food scene.

Essential amenities like grocery stores are within a comfortable walking distance, ensuring easy access for daily needs. Furthermore, the property is less than 1/2 mile from LaSalle University, bringing many of the university's amenities close to hand, including cultural events, learning opportunities, and more.

Picture creating a multifamily home that caters to a broad spectrum of potential residents – from university staff and students to families and professionals. Given the site's zoning and the surrounding community's needs, this lot represents a promising investment opportunity.

Whether you're a seasoned investor or a new builder looking to make an impact, 961 E Locust Ave presents a tangible opportunity for a successful real estate venture. Don't miss your chance to add this gem to your portfolio. Make your mark in East Germantown today!
Unit Size
-
Days on Market
-
Land Size
0.01 acres
Price per sqft
-
Property Type
Land
Property Taxes
$12
HOA Dues
-
Year Built
-
Last updated: 5 months ago (Bright MLS #PAPH2186932)

Price History

Date / Event Date Event Price
Dec 17, 2023 No longer available -
No longer available
Jun 6, 2023 Price Decreased $22,000
↓ $500 (2.2%)
Price Decreased
Mar 29, 2023 Price Decreased $22,500
↓ $1K (6.2%)
Price Decreased
Dec 14, 2022 Listed by Philadelphia Homes $23,975
Listed by Philadelphia Homes

Property Highlights

With View

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 565
  • Lot Size Depth Feet: 350
  • Lot Size Frontage Feet: 160
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Vacant
  • Land Acres: 0.013
  • Standard Land Use Code: Recreational-vacant land
  • Legal Description 1: 100 W SPRAGUE ST

Ownership

  • Current Owner : PIECE OF PHILLY LLC
  • Previous Owner : LANNE GRACY
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 024700

Zoning

  • Zoning: RM1

Geography

  • Assessors Map Reference: 086N040247
  • Account Number: 079100
  • District: WARD #12
  • Parcel: 12-2079100
  • Block: 86N4
  • Lot: 247
  • Municipality: PHILADELPHIA
  • Latitude: 40.0471
  • Longitude: -75.1599

    Address

  • Full Address: 961 E Locust Ave
  • Address - House Number: 961
  • Street Direction: E
  • Address - Street Name: Locust
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C049
  • 4-Digit Zip Code: 2335
  • Zip Code: 19138

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $139
  • Intital Tax Deliquent Year: 1981
  • Tax Rate Code Area: 12

    Market Valuation

  • Market Total Value: $9,900
  • Market Land Value: $9,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $9,900
  • Assessed Land Value: $9,900

    Sales

  • Current Sale Contract Date: Sep 16, 2019
  • Current Sale Recording Date: Oct 18, 2019
  • Current Sale Transaction ID: 11672820923
  • Current Sale Price: $82,000
  • Current Sale Document Type: Sheriff's Deed
  • Current Sale Input Document Number: 53580403
  • Previous Sale Recording Date: Jun 25, 1982
  • Previous Sale Contract Date: Jun 24, 1982
  • Previous Sale Document Type: Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Land
Loft
-
-
$17,000 Jul 14, 2022
$17,000 Apr 27, 2023
-
House
4 Beds
1 Bath
1,632 ft²
$12/ft²
$20,000 Sep 16, 2015
$20,000 Sep 26, 2016
-
House
2 Beds
1 Bath
1,096 ft²
$16/ft²
$18,000 Feb 22, 2012
$18,000 Jan 18, 2013
-
Townhouse
2 Beds
1 Bath
819 ft²
$28/ft²
$23,000 Nov 8, 2017
$23,000 Dec 12, 2017
-
Land
Loft
-
-
$25,000 Aug 1, 2023
-
-
Land
Loft
-
-
$20,000 Aug 31, 2022
-
-
Land
Loft
-
-
$20,000 Mar 3, 2023
-
-

About Northwest Philadelphia


Similar Homes for Sale

Unit for sale at 6144 North Norwood Street, PHILADELPHIA, PA 19138

$20,000

  • Land
6144 North Norwood Street, PHILADELPHIA, PA 19138 Listing by Danielle Py-Salas
Unit for sale at 6055 East Wister Street, PHILADELPHIA, PA 19138

$20,000

  • Land
6055 East Wister Street, PHILADELPHIA, PA 19138 Listing by Levent Ulusal

Nearby Rentals

Unit for rent at 6201 Crittenden St, Philadelphia, PA, 19138

$915 /mo

  • Studio
  • 1 Bath
6201 Crittenden St #Studio, Philadelphia, PA, 19138 Listing by Washington Lane Apartments
Unit for rent at 500 E Upsal St, Philadelphia, PA, 19119

$915 /mo

  • Studio
  • 1 Bath
  • 450 ft²
500 E Upsal St #Studio, Philadelphia, PA, 19119 Listing by 500 Upsal Apartments
Unit for rent at 5600 Germantown Ave, Philadelphia, PA, 19144

$795 /mo

  • Studio
  • 1 Bath
5600 Germantown Ave #5600 Germantown ave - 13, Philadelphia, PA, 19144 Listing by Manager


Frequently Asked Questions

When was property at 961 East Locust Avenue built and last sold?
The property at 961 East Locust Avenue was built in and last sold on Sep 16, 2019 for $82,000.
How much is this home worth?
The estimated value of the home located at 961 East Locust Avenue is $24,215.
What are some comparable homes to 961 East Locust Avenue?
Homes that are comparable to 961 East Locust Avenue include a land property at 6055 East Wister Street, 6144 North Norwood Street, 6101 North Beechwood Street.

Quantcast