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327 North 40th Street

327 North 40th Street, Philadelphia, PA 19104
Multifamily in West Powelton
Local assessors in Philadelphia, PA have categorized 327 North 40th Street as a residential type of property. The home was built in 2015 and is 9 years old. The property's lot size has been calculated to be 2,950 square feet. The linear feet between the front and back of the lot was measured at 850 ft and the front of the lot was measured at 240 ft. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 327 North 40th Street has a total of 23,310 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 excellent. 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. Residents rely on central air conditioning for their cooling system. 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, 327 North 40th Street was last sold in Nov 1, 2018 for $1,700,000. According to our calculations, that's $72.93 per sqft. Prior to that sales transaction, the property was sold for $410,000 in Nov 12, 2014. Current property owners are expected to pay $1,747 in taxes per year. The property on 327 North 40th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,248,000. To break that down further, the land itself was valued at $124,800. While improvements to the property were assessed at a total of $1,123,200. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20180709
07/09/2018
Studio
-
-
$1,835,000
bedrooms
Studio
bathrooms
-
$1,700,000 -7.36%
11/05/2018
-
Daniel Demers

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Excellent
  • Construction Type: Masonry
  • Exterior Walls Type: Brick
  • Floor Count: 3
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,950
  • Lot Size Depth Feet: 850
  • Lot Size Frontage Feet: 240
  • Total Building Area: 23,310
  • Gross Building Area: 23,310
  • Building Area: 23,310
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 23,310
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.068
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: 229.469 N POWELTON AVE

Ownership

  • Current Owner : PHILLYRENTAL LLC
  • Previous Owner : H & C 40TH327 LLC
  • Owner Before Previous Owner: HAYWARD WILDA F
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 009100

Zoning

  • Zoning: RM1

Geography

  • Assessors Map Reference: 056N170209
  • Account Number: 161740
  • District: WARD #24
  • Parcel: 88-1161740
  • Municipality: PHILADELPHIA
  • Latitude: 39.96
  • Longitude: -75.2017

    Address

  • Full Address: 327 N 40th St
  • Address - House Number: 327
  • Street Direction: N
  • Address - Street Name: 40th
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C052
  • 4-Digit Zip Code: 4663
  • Zip Code: 19104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,747

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 2,124,473
  • High Value: 3,064,148
  • Low Value: 1,184,797

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,232,000
  • First Open Lien Mortgage Lender: RED MORTGAGE CAPITAL INC
  • First Open Lien Mortgage Recording Date: Nov 05, 2018
  • First Open Lien Mortgage Loan Amount: $1,232,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2038

    Market Valuation

  • Market Total Value: $1,248,000
  • Market Land Value: $124,800
  • Market Improvement Value: $1,123,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,248,000
  • Assessed Land Value: $124,800
  • Assessed Improvements Value: $1,123,200

    Sales

  • Current Sale Contract Date: Nov 01, 2018
  • Current Sale Recording Date: Nov 05, 2018
  • Current Sale Transaction ID: 11529475210
  • Current Sale Price: $1,700,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53439093
  • Previous Sale Recording Date: Nov 17, 2014
  • Previous Sale Contract Date: Nov 12, 2014
  • Previous Sale Amount: $410,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: RED MORTGAGE CAPITAL INC
  • First Mortgage Transaction Date: Nov 05, 2018
  • First Mortgage Loan Amount: $1,232,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Dec 01, 2038

    Previous Mortgages

  • Previous Mortgage Lender: CUSTOMERS BANK
  • Previous Mortgage Transaction Date: Nov 17, 2014
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $307,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About West Philadelphia



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 327 North 40th Street located in?
The 327 North 40th Street is a multifamily located in the neighborhood of West Powelton in West Philadelphia, Philadelphia.
What is the average sales price for listings in 327 North 40th Street?
The average sales price for units in 327 North 40th Street is $1,835,000 currently.

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