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3507 Morrell Avenue

3507 Morrell Avenue, Philadelphia, PA 19114
Sold Oct 09, 2020
Transfer
$165,998 by Mortgage Research Center Llc
Mortgage Due Oct 01, 2050
Sold May 20, 2010
$200,000
$197,342 by Dba Boulevard Mortgage Company
Mortgage Due Jun 01, 2040
Local assessors in Philadelphia, PA have categorized 3507 Morrell Avenue as a residential type of property. The home was built in 1961 and is 63 years old. The property's lot size has been calculated to be 1,837 square feet. The linear feet between the front and back of the lot was measured at 1,020 ft and the front of the lot was measured at 180 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3507 Morrell Avenue has a total of 1,260 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage underground or in the basement for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Lots of brick were used in the construction of the exterior walls of the home. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $200,000 in May 14, 2010. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,180 in taxes each year. 3507 Morrell Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $227,200. If we break it down further, the land itself was valued at $45,440. Improvements to the property, however, were assessed at a total of $181,760. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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: Partial basement
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,837
  • Lot Size Depth Feet: 1,020
  • Lot Size Frontage Feet: 180
  • Total Building Area: 1,260
  • Gross Building Area: 1,260
  • Building Area: 1,260
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,260
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GYPSY LANE
  • Land Acres: 0.042
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Homestead (misc.)
  • State Land Use Code: Single family residential
  • Legal Description 1: 5911 1/8 E OF E

Ownership

  • Current Owner : DENNIS GEORGE
  • Current Owner 2: DENNIS MARISOL
  • Previous Owner : DENNIS MARISOL
  • Previous Owner 2: IBARRONDO MARISOL
  • Owner Before Previous Owner: PALMER CHARLES
  • Owner Before Previous Owner 2: DAVIS WILLIAM
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 035301

Zoning

  • Zoning: RSA4

Geography

  • Assessors Map Reference: 153N080608
  • Account Number: 139900
  • District: WARD #66
  • Parcel: 66-1139900
  • Block: 153N8
  • Lot: 608
  • Municipality: PHILADELPHIA
  • Latitude: 40.0713
  • Longitude: -74.9874

    Address

  • Full Address: 3507 Morrell Ave
  • Address - House Number: 3507
  • Address - Street Name: Morrell
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C034
  • 4-Digit Zip Code: 1918
  • Zip Code: 19114

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,180
  • Tax Rate Code Area: 66

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 458,736
  • High Value: 661,639
  • Low Value: 255,832

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $235,998
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Open Lien Mortgage Recording Date: Oct 09, 2020
  • First Open Lien Mortgage Loan Amount: $165,998
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2050
  • Second Open Lien Mortgage Lender: PHILADELPHIA FCU
  • Second Open Lien Mortgage Recording Date: Dec 08, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $70,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Aug 28, 2036

    Market Valuation

  • Market Total Value: $227,200
  • Market Land Value: $45,440
  • Market Improvement Value: $181,760

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $227,200
  • Assessed Land Value: $45,440
  • Assessed Improvements Value: $181,760

    Sales

  • Current Sale Contract Date: Sep 11, 2020
  • Current Sale Recording Date: Oct 09, 2020
  • Current Sale Transaction ID: 11793090311
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 53730289
  • Previous Sale Recording Date: May 20, 2010
  • Previous Sale Contract Date: May 14, 2010
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: Oct 09, 2020
  • First Mortgage Loan Amount: $165,998
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: DBA BOULEVARD MORTGAGE COMPANY
  • Previous Mortgage Transaction Date: May 20, 2010
  • Previous Mortgage Loan Amount: $197,342
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2040

About Northeast Philadelphia



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Frequently Asked Questions

What neighborhood is 3507 Morrell Avenue located in?
The 3507 Morrell Avenue is a located in the neighborhood of Northeast Philadelphia in Northeast Philadelphia, Philadelphia.
What is the average sales price for listings in 3507 Morrell Avenue?
The average sales price for units in 3507 Morrell Avenue is $0 currently.

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