8450 Pine Road

Philadelphia, PA 19111

$1,025,000
Price
147,306 / 3.38
Lot Size / Acres

Description

For Sale: Prime 3+ Acre Property with RSD-1 Zoning
Please note : No Zoning information herein should be taken as fact, and any potential buyer is encouraged to seek counsel from a qualified zoning attorney as to the legal permissibility of any and all construction activities on or to the subject improvements and lot. This expansive property offers an exceptional opportunity for developers or investors seeking a lucrative venture. Boasting RSD-1 Zoning, the parcel permits the construction of 10 single-family
...For Sale: Prime 3+ Acre Property with RSD-1 Zoning

Please note : No Zoning information herein should be taken as fact, and any potential buyer is encouraged to seek counsel from a qualified zoning attorney as to the legal permissibility of any and all construction activities on or to the subject improvements and lot. This expansive property offers an exceptional opportunity for developers or investors seeking a lucrative venture. Boasting RSD-1 Zoning, the parcel permits the construction of 10 single-family detached homes with street frontage without the need for variances, though the buyer should seek counsel from a qualified zoning attorney confirm the legal permissibility any development activity. Per the seller's interpretation of the code (see attached document from licensed architect) the land is ready for immediate subdivision and development, allowing builders to commence construction without hurdles. Additionally, the property features a currently rented single-family home with detached 3 car garage as well as a separate workshop generating $2500/month on a month to month lease. This existing structure can either continue generating income for the new owner or can be delivered vacant. Ideal for those looking to capitalize on residential development in a sought-after area, this property presents a blend of immediate income potential and significant future development possibilities.

Property Details for 8450 Pine Road

Tax ID Number
632193210
Ownership
Fee Simple
HOA
No
Waterfront
No
Garage
No
Municipality
PHILADELPHIA
Central Air
No
Construction Completed
No
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LISTING UPDATED: 04/12/2024 10:28 AM

Property Details for 8450 Pine Road

StatusActive
MLS #PAPH2300998
Days on Market152
Taxes$7,001 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Fee Simple
Year Built-
Lot Size3.38 AC
CountyPhiladelphia County
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Building Information for 8450 Pine Road

Building Size-Lot Size3.38 AC

Payment Calculator

$6,177 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,594

Property Taxes

$583

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8450 Pine Road

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19111 (19111)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $500,200
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $400,160
  • City Town Tax: $3,159
  • Clean Green Assessed: No
  • Land Use Code: C28
  • Zoning: RSD1
  • Tax Lot: 38
  • School Tax: $3,842
  • Automatically Update Tax Values Y/N: Yes
Lot / Land Information
Farm Information
  • Farm Land Preservation Y/N: No
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 509.00 x 328.00
  • Lot Dimensions Source: Assessor
  • Current Use: Residential, Land/Lot Only
  • Parcel ID: 1353789
  • Additional Parcels: No
  • Ground Rent Exists: No
Utilities
Utilities
  • Water Source: Well
  • Sewer Septic: On Site Septic
Confidential Data
Listing Office
  • List Agent AOR: None chosen (Non-REALTOR/Stockholder)

Property History for 8450 Pine Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 8450 Pine Road

Taxable ValueLand$100,040Additions$400,160Total$500,200
Tax Record2023$7,002 ($583 / month)
Home Facts
Beds0Total Finished SqFt3,200 SqFtAbove Grade Finished SqFt3,200 SqFtStories2Lot Size147,320 SqFtStyleSingle Family ResidenceYear Built1959ZoningRSD1CountyPHILADELPHIAAPN63-2-1932-10

Schools near 8450 Pine Road

This home is within Philadelphia City School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Greenberg Joseph School
PublicK to 8

Washington George High School
Public9 to 12

Meehan Austin Middle School
Public7 to 8

Swenson Arts & Technology High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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8450 Pine Road is a 3.38 ac of land for sale in Philadelphia, PA 19111. This property was listed for sale on November 29, 2023, it's currently listed at $1,025,000. It has been on the market for a total of 152 days and was last sold on March 3, 2022. This listing's school district is Philadelphia City School District. Nearby schools include Greenberg Joseph School, Washington George High School and Meehan Austin Middle School. 8450 Pine Road is a 0-bed, 0-bath, 3.38 ac of land on a 147,306 sq. ft. / 3.38 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.