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7435 New 2nd Street

7435 New 2nd Street, Elkins Park, PA 19027
Property in Elkins Park
Sold Dec 01, 2017
$223,000
$218,960 by Allied Mortgage Group Inc
Mortgage Due Dec 01, 2047
Sold Oct 08, 1998
$126,000
7435 New 2nd Street in Elkins Park, PA was first built in 1940 and is 84 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 colonial style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 7435 New 2nd Street has 1,600 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 basement is 16 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 550 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 6,600 square feet.

Learn more about the property and building on this page. There is a unknown. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a no garage. The garage is 240 sqft. There are a total of 2 available parking spaces. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with oil. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 7435 New 2nd Street sold most recently in Nov 29, 2017 for a total of $223,000. If you work out the math, that's approximately a cost of $139.38 per sqft. Before that, the property was also sold for $126,000 in Aug 26, 1998. 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 $8,294 in taxes each year. 7435 New 2nd Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $124,190. If we break it down further, the land itself was valued at $41,460. Improvements to the property, however, were assessed at a total of $82,730. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Colonial
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 16
  • Garage Type: None
  • Garage Square Area: 240
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,600
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,600
  • Gross Building Area: 1,600
  • Building Area: 1,600
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,600
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: OAK LANE MANOR
  • Land Acres: 0.152
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: L 9

Ownership

  • Current Owner : HICKS ALICIA M
  • Current Owner 2: MCCOY LAWRENCE
  • Previous Owner : TRIEU BA THONG
  • Previous Owner 2: BUI NGA ANH
  • Owner Before Previous Owner: BROWN ERNEST H
  • Owner Before Previous Owner 2: BROWN ROSALIE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Cheltenham Township School District
  • School Tax School District: CHELTENHAM TWP
  • Census Tract: 202202

Zoning

  • Zoning: R5

Geography

  • Assessors Map Reference: 31-087A
  • District: 31
  • Parcel: 31-00-20287-00-4
  • Block: 87A
  • Lot: 9
  • Municipality: CHELTENHAM TOWNSHIP
  • Latitude: 40.0547
  • Longitude: -75.1215

    Address

  • Full Address: 7435 New Second St
  • Address - House Number: 7435
  • Address - Street Name: New Second
  • Address - Suffix Type: St
  • State: PA
  • City Name: Elkins Park
  • Carrier Code: C026
  • 4-Digit Zip Code: 3316
  • Zip Code: 19027

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $8,294
  • Tax Rate Code Area: 31

    Appraisal Valuation

  • Standard Deviation: 0.1563
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 80
  • Final Value: 366,332
  • High Value: 423,602
  • Low Value: 309,061

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $280,851
  • First Open Lien Mortgage Lender: ALLIED MORTGAGE GROUP INC
  • First Open Lien Mortgage Recording Date: Dec 01, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $218,960
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2047
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: May 03, 2022
  • Second Open Lien Mortgage Loan Amount: $51,576
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2052
  • Third Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Third Open Lien Mortgage Recording Date: Feb 16, 2024
  • Third Open Lien Mortgage Loan Amount: $10,315
  • Third Open Lien Mortgage Term: 479
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Building or Construction Loan
  • Third Open Lien Mortgage Loan Due Date: Feb 01, 2064

    Market Valuation

  • Market Total Value: $124,190
  • Market Land Value: $41,460
  • Market Improvement Value: $82,730

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $124,190
  • Assessed Land Value: $41,460
  • Assessed Improvements Value: $82,730

    Sales

  • Current Sale Contract Date: Nov 29, 2017
  • Current Sale Recording Date: Dec 01, 2017
  • Current Sale Transaction ID: 11412471916
  • Current Sale Price: $223,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2017090685
  • Previous Sale Recording Date: Oct 08, 1998
  • Previous Sale Contract Date: Aug 26, 1998
  • Previous Sale Amount: $126,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: ALLIED MORTGAGE GROUP INC
  • First Mortgage Transaction Date: Dec 01, 2017
  • First Mortgage Loan Amount: $218,960
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2047

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Elkins Park



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Frequently Asked Questions

What neighborhood is 7435 New 2nd Street located in?
The 7435 New 2nd Street is a located in the neighborhood of Elkins Park in Elkins Park, Elkins Park.
What is the average sales price for listings in 7435 New 2nd Street?
The average sales price for units in 7435 New 2nd Street is $0 currently.

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