We’ve spent the last few days going over the BRT web site to see what it shows about real estate activity on Frankford Avenue last year. It took some time but now we can report that 25 properties were transferred in 2007. One of them was transferred twice. This runs from the 4200 block through the 5200 block. $ of those transfers only were title changes. The remaining 21 were valued from $32,000 to $3,732,000. 8 of the new owners gave addresses outside of Philadelphia. 2 of those 8 are located in Brooklyn, New York.
In 2006 there were 37 transfers between $15,000 and $550,000.
In 2005 there were 39 transfers between $20,000 and $750,000.
In 2004 there were 30 transfers between $9,000 and $310,000.
This is the first of a series where we will take a look at those properties transferred in 2007.