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4700 Penn Street

4700 Penn Street, Philadelphia, PA 19124
Property in Frankford
Sold Nov 08, 2002
$255,000
$165,750 by Gelt Business Credit Llc
Mortgage
Sold Jun 06, 1995
$5,200
Local assessors in Philadelphia, PA have categorized 4700 Penn Street as a residential type of property. The home was built in 1940 and is 84 years old. The property's lot size has been calculated to be 3,813 square feet. The linear feet between the front and back of the lot was measured at 1,100 ft and the front of the lot was measured at 350 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4700 Penn Street has a total of 2,546 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. 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. 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, 4700 Penn Street was last sold in Sep 19, 2002 for $255,000. According to our calculations, that's $100.16 per sqft. Prior to that sales transaction, the property was sold for $5,200 in May 8, 1995. Current property owners are expected to pay $4,099 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 4700 Penn Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $292,800. To break that down further, the land itself was valued at $58,560. While improvements to the property were assessed at a total of $234,240. 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. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: Duplex
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Living Units: 1
  • Business/Commerical Units Count: 27
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,813
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 350
  • Total Building Area: 2,546
  • Gross Building Area: 2,546
  • Building Area: 2,546
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,546
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.088
  • Standard Land Use Code: Duplex (2 units, any combination)
  • State Land Use Code: Townhouse (residential)
  • Legal Description 1: NWC ARROTT ST

Ownership

  • Current Owner : MANSOOR SHEIK
  • Current Owner 2: MANSOOR BIBI Z
  • Previous Owner : SHILOH MANAGEMENT CORP
  • Owner Before Previous Owner: GREEN JOHN D
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 030100

Zoning

  • Zoning: RSA3

Geography

  • Assessors Map Reference: 090N050121
  • Account Number: 288400
  • District: WARD #23
  • Parcel: 23-4288400
  • Block: 90N50
  • Lot: 121
  • Municipality: PHILADELPHIA
  • Latitude: 40.0177
  • Longitude: -75.0856

    Address

  • Full Address: 4700 Penn St
  • Address - House Number: 4700
  • Address - Street Name: Penn
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C002
  • 4-Digit Zip Code: 5853
  • Zip Code: 19124

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,099
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 23

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 565,782
  • High Value: 816,032
  • Low Value: 315,531

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $165,750
  • First Open Lien Mortgage Lender: GELT BUSINESS CREDIT LLC
  • First Open Lien Mortgage Recording Date: Nov 08, 2002
  • First Open Lien Mortgage Loan Amount: $165,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $292,800
  • Market Land Value: $58,560
  • Market Improvement Value: $234,240

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $292,800
  • Assessed Land Value: $58,560
  • Assessed Improvements Value: $234,240

    Sales

  • Current Sale Contract Date: Sep 19, 2002
  • Current Sale Recording Date: Nov 08, 2002
  • Current Sale Transaction ID: 1149744897
  • Current Sale Price: $255,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 50558820
  • Previous Sale Recording Date: Jun 06, 1995
  • Previous Sale Contract Date: May 08, 1995
  • Previous Sale Amount: $5,200
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: GELT BUSINESS CREDIT LLC
  • First Mortgage Transaction Date: Nov 08, 2002
  • First Mortgage Loan Amount: $165,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 4700 Penn Street located in?
The 4700 Penn Street is a located in the neighborhood of Frankford in Northeast Philadelphia, Philadelphia.
What is the average sales price for listings in 4700 Penn Street?
The average sales price for units in 4700 Penn Street is $0 currently.

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