36 North 40th Street

Local assessors in Philadelphia, PA have categorized 36 North 40th Street as a residential type of property. The home was built in 1940 and is 84 years old. The property's lot size has been calculated to be 2,875 square feet. The linear feet between the front and back of the lot was measured at 1,150 ft and the front of the lot was measured at 250 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. 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 36 North 40th Street has a total of 4,292 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 average. 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. 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, 36 North 40th Street was last sold in May 16, 2006 for $400,000. According to our calculations, that's $93.20 per sqft. Prior to that sales transaction, the property was sold for $255,000 in Jan 10, 2005. Current property owners are expected to pay $11,025 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2018. The property on 36 North 40th Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $787,600. To break that down further, the land itself was valued at $236,280. While improvements to the property were assessed at a total of $551,320. 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.