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1245 Pierce Street

1245 Pierce Street, Philadelphia, PA 19148
Sold Mar 24, 2020
$312,500
$250,000 by Guaranteed Rate Inc
Mortgage Due Apr 01, 2050
Sold Aug 21, 2017
$308,000
$246,400 by Valley National Bank
Mortgage Due Sep 01, 2047
1245 Pierce 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 1925 and is 99 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 1245 Pierce Street has 1,026 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 500 ft and across the front of the lot is 140 ft. The area measurement of the land has been determined as 700 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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 average. 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. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1245 Pierce Street sold most recently in Mar 16, 2020 for a total of $312,500. If you work out the math, that's approximately a cost of $304.58 per sqft. Before that, the property was also sold for $308,000 in Aug 15, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,940 in taxes each year. 1245 Pierce Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $290,000. If we break it down further, the land itself was valued at $58,000. Improvements to the property, however, were assessed at a total of $232,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: Townhouse
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 700
  • Lot Size Depth Feet: 500
  • Lot Size Frontage Feet: 140
  • Total Building Area: 1,026
  • Gross Building Area: 1,026
  • Building Area: 1,026
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,026
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.016
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Easement (misc.)
  • State Land Use Code: Single family residential
  • Legal Description 1: 44 W PASSYUNK AVE

Ownership

  • Current Owner : GRABLUTZ BENJAMIN
  • Previous Owner : DAVIS NICHOLAS
  • Previous Owner 2: SWEZEY CAITLYN
  • Owner Before Previous Owner: SAVADOVE LANE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 002900

Zoning

  • Zoning: RSA5

Geography

  • Assessors Map Reference: 013S120166
  • Account Number: 545400
  • District: WARD #39
  • Parcel: 39-4545400
  • Block: 13S12
  • Lot: 166
  • Municipality: PHILADELPHIA
  • Latitude: 39.9282
  • Longitude: -75.1658

    Address

  • Full Address: 1245 Pierce St
  • Address - House Number: 1245
  • Address - Street Name: Pierce
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C023
  • 4-Digit Zip Code: 1525
  • Zip Code: 19148

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,940
  • Tax Rate Code Area: 39

    Appraisal Valuation

  • Standard Deviation: 0.2585
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 63
  • Final Value: 391,493
  • High Value: 492,728
  • Low Value: 290,258

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Mar 24, 2020
  • First Open Lien Mortgage Loan Amount: $250,000
  • 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: Apr 01, 2050

    Market Valuation

  • Market Total Value: $290,000
  • Market Land Value: $58,000
  • Market Improvement Value: $232,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $290,000
  • Assessed Land Value: $58,000
  • Assessed Improvements Value: $232,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 16, 2020
  • Current Sale Recording Date: Mar 24, 2020
  • Current Sale Transaction ID: 11755004148
  • Current Sale Price: $312,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53650268
  • Previous Sale Recording Date: Aug 21, 2017
  • Previous Sale Contract Date: Aug 15, 2017
  • Previous Sale Amount: $308,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Mar 24, 2020
  • First Mortgage Loan Amount: $250,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: VALLEY NATIONAL BANK
  • Previous Mortgage Transaction Date: Aug 21, 2017
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $246,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Sep 01, 2047

About South Philadelphia



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Nearby Rentals

Unit for rent at

$525 /mo

  • 1 Bed
  • 1 Bath
  • 1,384 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 1245 Pierce Street located in?
The 1245 Pierce Street is a townhouse located in the neighborhood of Bella Vista - Southwark in South Philadelphia, Philadelphia.
What is the average sales price for listings in 1245 Pierce Street?
The average sales price for units in 1245 Pierce Street is $319,800 , or $312/sqft. currently.

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