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2540 North Water Street

2540 North Water Street, Philadelphia, PA 19125
2540 North Water Street in Philadelphia, PA was first built in 1875 and is 149 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 townhouse style. There are a total of 3 floors. There are a total of 6 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2540 North Water Street has 1,260 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 linear feet across the front of the lot is 120 ft and the linear feet between the front and back of the lot is 680. In total, the area measurement of the land is 810 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The condition of the building has been evaluated as good. 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 heating system. 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, 2540 North Water Street sold most recently in Nov 24, 2021 for a total of $281,000. If you work out the math, that's approximately a cost of $223.02 per sqft. Before that, the property was also sold for $62,000 in Apr 23, 2018. 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 $3,406 in taxes each year. The initial year of tax delinquency occurred in 2019. 2540 North Water Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $243,300. If we break it down further, the land itself was valued at $48,660. Improvements to the property, however, were assessed at a total of $194,640. 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.

Building Features

Exterior

Masonry Exterior
Brick Exterior
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210421
04/21/2021
4 Bed
3 Bath
1660 ft²
$329,999
bedrooms
4 Bed
bathrooms
3 Bath
square feet
1660 ft²
-
-
-
"My Realtor Steve Galasso" Galasso
Keller Williams Philadelphia
20200827
08/27/2020
4 Bed
3 Bath
2100 ft²
$319,000
bedrooms
4 Bed
bathrooms
3 Bath
square feet
2100 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1875
  • Effective Year Built: 1875
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Construction Type: Masonry
  • Building Style: Townhouse
  • Exterior Walls Type: Brick
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 810
  • Lot Size Depth Feet: 680
  • Lot Size Frontage Feet: 120
  • Total Building Area: 1,260
  • Gross Building Area: 1,260
  • Building Area: 1,260
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,260
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.019
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Easement (misc.)
  • State Land Use Code: Single family residential
  • Legal Description 1: 285 N CUMBERLAND ST

Ownership

  • Current Owner : EWO ANI OKELE
  • Previous Owner : WORLDWIDE AUTOMOTIVE ASSOCIATON LLC
  • Owner Before Previous Owner: VASQUEZ MIRIAM E
  • Owner Before Previous Owner 2: BATENCOURT MIRIAM E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 016300

Zoning

  • Zoning: RSA5

Geography

  • Assessors Map Reference: 032N070114
  • Account Number: 026300
  • District: WARD #31
  • Parcel: 31-1026300
  • Block: 32N7
  • Lot: 114
  • Municipality: PHILADELPHIA
  • Latitude: 39.9885
  • Longitude: -75.1303

    Address

  • Full Address: 2540 N Water St
  • Address - House Number: 2540
  • Street Direction: N
  • Address - Street Name: Water
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C012
  • 4-Digit Zip Code: 1022
  • Zip Code: 19125

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,406
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 31

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 78,151
  • High Value: 112,717
  • Low Value: 43,584

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $275,910
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jan 20, 2022
  • First Open Lien Mortgage Loan Amount: $275,910
  • 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, 2051

    Market Valuation

  • Market Total Value: $243,300
  • Market Land Value: $48,660
  • Market Improvement Value: $194,640

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $243,300
  • Assessed Land Value: $48,660
  • Assessed Improvements Value: $194,640

    Sales

  • Current Sale Contract Date: Nov 24, 2021
  • Current Sale Recording Date: Jan 20, 2022
  • Current Sale Transaction ID: 11880253931
  • Current Sale Price: $281,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53951406
  • Previous Sale Recording Date: May 04, 2018
  • Previous Sale Contract Date: Apr 23, 2018
  • Previous Sale Amount: $62,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Jan 20, 2022
  • First Mortgage Loan Amount: $275,910
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2051

About North Philadelphia



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Frequently Asked Questions

What neighborhood is 2540 North Water Street located in?
The 2540 North Water Street is a townhouse located in the neighborhood of North Philadelphia East in North Philadelphia, Philadelphia.
What is the average sales price for listings in 2540 North Water Street?
The average sales price for units in 2540 North Water Street is $0 currently.

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