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261 Nandina Terrace

261 Nandina Terrace, Philadelphia, PA 19116
Property in Bustleton
Sold Jul 03, 2002
$133,000
$106,400 by First Magnus Financial Corp
Mortgage Due Jul 01, 2032
Sold Dec 09, 1997
$800
261 Nandina Terrace in Philadelphia, PA was first built in 1969 and is 55 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. 261 Nandina Terrace has 1,846 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 200 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 3,280 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage underground or in the basement. There are a total of 2 available parking spaces. 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. 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, 261 Nandina Terrace sold most recently in Jun 25, 2002 for a total of $133,000. If you work out the math, that's approximately a cost of $72.05 per sqft. Before that, the property was also sold for $800 in Oct 2, 1995. 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 $4,015 in taxes each year. 261 Nandina Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $286,800. If we break it down further, the land itself was valued at $57,360. Improvements to the property, however, were assessed at a total of $229,440. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: Duplex
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,280
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 200
  • Total Building Area: 1,846
  • Gross Building Area: 1,846
  • Building Area: 1,846
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,846
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.075
  • 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: 184 NE NANDINA ST

Ownership

  • Current Owner : ARBITMAN LEONID
  • Previous Owner : PLITMAN VICTOR
  • Previous Owner 2: PLITMAN KLARA
  • Owner Before Previous Owner: WEISS JACK
  • Owner Before Previous Owner 2: WEISS EVELYN
  • 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: 035702

Zoning

  • Zoning: RTA1

Geography

  • Assessors Map Reference: 158N170530
  • Account Number: 157800
  • District: WARD #58
  • Parcel: 58-2157800
  • Block: 158N1
  • Lot: 530
  • Municipality: PHILADELPHIA
  • Latitude: 40.1177
  • Longitude: -75.0336

    Address

  • Full Address: 261 Nandina Ter
  • Address - House Number: 261
  • Address - Street Name: Nandina
  • Address - Suffix Type: Ter
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C020
  • 4-Digit Zip Code: 3242
  • Zip Code: 19116

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,015
  • Tax Rate Code Area: 58

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 555,991
  • High Value: 801,911
  • Low Value: 310,070

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $106,400
  • First Open Lien Mortgage Lender: FIRST MAGNUS FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Jul 03, 2002
  • First Open Lien Mortgage Loan Amount: $106,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2032

    Market Valuation

  • Market Total Value: $286,800
  • Market Land Value: $57,360
  • Market Improvement Value: $229,440

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $286,800
  • Assessed Land Value: $57,360
  • Assessed Improvements Value: $229,440

    Sales

  • Current Sale Contract Date: Jun 25, 2002
  • Current Sale Recording Date: Jul 03, 2002
  • Current Sale Transaction ID: 1095696165
  • Current Sale Price: $133,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 50486273
  • Previous Sale Recording Date: Dec 09, 1997
  • Previous Sale Contract Date: Oct 02, 1995
  • Previous Sale Amount: $800
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST MAGNUS FINANCIAL CORP
  • First Mortgage Transaction Date: Jul 03, 2002
  • First Mortgage Loan Amount: $106,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jul 01, 2032

About Northeast Philadelphia



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Frequently Asked Questions

What neighborhood is 261 Nandina Terrace located in?
The 261 Nandina Terrace is a located in the neighborhood of Bustleton in Northeast Philadelphia, Philadelphia.
What is the average sales price for listings in 261 Nandina Terrace?
The average sales price for units in 261 Nandina Terrace is $0 currently.

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