Check Availability

423 North 40th Street

423 North 40th Street, Philadelphia, PA 19104
Property in West Powelton
1 Units For Sale
Unit for sale at 423 N 40TH ST, PHILADELPHIA, PA 19104

$1,300,000

  • Studio
423 N 40TH ST, PHILADELPHIA, PA 19104 Listing by Nancy Alperin

Local assessors in Philadelphia, PA have categorized 423 North 40th Street as a unknown type of property. The home was built in 2014 and is 10 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. 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 423 North 40th Street has a total of 7,303 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 unknown. 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 unknown control joints. Lots of unknown were used in the construction of the exterior walls of the home. 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, 423 North 40th Street sold most recently in Feb 15, 2017 for a total of $1,400,000. If you work out the math, that's approximately a cost of $191.70 per sqft. Before that, the property was also sold for $60,500 in Feb 4, 2013. 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 $1,775 in taxes each year. 423 North 40th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,268,000. If we break it down further, the land itself was valued at $126,800. Improvements to the property, however, were assessed at a total of $1,141,200. 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.

Building Features

Exterior

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220325
03/25/2022
Studio
-
7303 ft²
$1,550,000
bedrooms
Studio
bathrooms
-
square feet
7303 ft²
-
-
-
Daniel Kim
Compass Pennsylvania, LLC

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 0
  • Floor Count: 3
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,875
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 250
  • Total Building Area: 7,303
  • Gross Building Area: 7,303
  • Building Area: 7,303
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 7,303
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Land Acres: 0.066
  • Legal Description 1: 218 5/8 N BARING ST

Ownership

  • Current Owner : WHARTON REALTY INVESTMENT LLC
  • Previous Owner : C & M STUDENT HOUSING LLC
  • Owner Before Previous Owner: ROBBINS ALFONSO W
  • Ownership Rights Codes: unknown
  • 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: 056N170324
  • Account Number: 822349
  • District: WARD #24
  • Parcel: 88-1822349
  • Block: 5
  • Lot: N17
  • Municipality: PHILADELPHIA
  • Latitude: 39.9611
  • Longitude: -75.2019

    Address

  • Full Address: 423 N 40th St
  • Address - House Number: 423
  • Street Direction: N
  • Address - Street Name: 40th
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C052
  • 4-Digit Zip Code: 4673
  • Zip Code: 19104

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,775
  • Tax Rate Code Area: 24

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 2,101,983
  • High Value: 3,057,984
  • Low Value: 1,145,981

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,050,000
  • First Open Lien Mortgage Lender: PARKE BANK
  • First Open Lien Mortgage Recording Date: Feb 16, 2017
  • First Open Lien Mortgage Loan Amount: $1,050,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Feb 16, 2047

    Market Valuation

  • Market Total Value: $1,268,000
  • Market Land Value: $126,800
  • Market Improvement Value: $1,141,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,268,000
  • Assessed Land Value: $126,800
  • Assessed Improvements Value: $1,141,200

    Sales

  • Current Sale Contract Date: Feb 15, 2017
  • Current Sale Recording Date: Feb 16, 2017
  • Current Sale Transaction ID: 1806796345
  • Current Sale Price: $1,400,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 53176284
  • Previous Sale Recording Date: Feb 06, 2013
  • Previous Sale Contract Date: Feb 04, 2013
  • Previous Sale Amount: $60,500
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: PARKE BANK
  • First Mortgage Transaction Date: Feb 16, 2017
  • First Mortgage Loan Amount: $1,050,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown

    Previous Mortgages

  • Previous Mortgage Lender: DIRECT MORTGAGE LOAN CO
  • Previous Mortgage Transaction Date: Feb 06, 2013
  • Previous Mortgage Loan Amount: $450,000
  • Previous Mortgage Term: 8
  • Previous Mortgage Loan Type: unknown
  • Previous Mortgage Loan Due Date: Nov 30, 2013

About West Philadelphia



Similar Buildings

Property at 423 North 40th Street,

438 North Sloan Street

  • 1 Unit for Sale
  • 3 Stories
438 North Sloan Street, Philadelphia, PA 19104
Property at 423 North 40th Street,

4025 Spring Garden Street

  • 1 Unit for Sale
  • 3 Stories
4025 Spring Garden Street, Philadelphia, PA 19104
Property at 423 North 40th Street,

326 North Wiota Street

  • 1 Unit for Sale
326 North Wiota Street, Philadelphia, PA 19104
Property at 423 North 40th Street,

427 North Budd Street

  • 1 Unit for Sale
  • 2 Stories
427 North Budd Street, Philadelphia, PA 19104
Property at 423 North 40th Street,

332 North Preston Street

  • 1 Unit for Sale
  • 3 Stories
332 North Preston Street, Philadelphia, PA 19104
Property at 423 North 40th Street,

4003 Haverford Avenue

  • 1 Unit for Sale
  • 3 Stories
4003 Haverford Avenue, Philadelphia, PA 19104
Property at 423 North 40th Street,

4076 Spring Garden Street

  • 1 Unit for Sale
4076 Spring Garden Street, Philadelphia, PA 19104
Property at 423 North 40th Street,

610 North Union Street

  • 1 Unit for Sale
610 North Union Street, Philadelphia, PA 19104
Property at 423 North 40th Street,

413 North 41st Street

  • 1 Unit for Sale
  • 3 Stories
413 North 41st Street, Philadelphia, PA 19104

Nearby Rentals

Unit for rent at 5358 Woodland Avenue, PHILADELPHIA, PA, 19143

$1,100 /mo

  • Studio
  • 1 Bath
  • 3,348 ft²
5358 Woodland Avenue #1FLREAR, PHILADELPHIA, PA, 19143 Listing by William Lublin
Unit for rent at 2833 W Oxford Street, PHILADELPHIA, PA, 19121

$1,195 /mo

  • 2 Beds
  • 1 Bath
  • 918 ft²
2833 W Oxford Street #1, PHILADELPHIA, PA, 19121 Listing by James Decker
Unit for rent at 2621 W Jefferson Street, PHILADELPHIA, PA, 19121

$1,160 /mo

  • 1 Bed
  • 1 Bath
2621 W Jefferson Street #1F, PHILADELPHIA, PA, 19121 Listing by James Decker
Unit for rent at 530 N 32nd Street, PHILADELPHIA, PA, 19104

$1,095 /mo

  • 3 Beds
  • 1 Bath
530 N 32nd Street #2FL, PHILADELPHIA, PA, 19104 Listing by James Decker
Unit for rent at 2235 Washington Avenue, PHILADELPHIA, PA, 19146

$1,137 /mo

  • Studio
  • 1 Bath
2235 Washington Avenue #410, PHILADELPHIA, PA, 19146 Listing by James Decker
Unit for rent at 1242 Point Breeze Avenue, PHILADELPHIA, PA, 19146

$1,193 /mo

  • 1 Bed
  • 1 Bath
1242 Point Breeze Avenue #305, PHILADELPHIA, PA, 19146 Listing by James Decker
Unit for rent at 1949 N 32nd Street, PHILADELPHIA, PA, 19121

$1,100 /mo

  • 1 Bed
  • 1 Bath
  • 2,070 ft²
1949 N 32nd Street #3, PHILADELPHIA, PA, 19121 Listing by Carson Merine

Frequently Asked Questions

What neighborhood is 423 North 40th Street located in?
The 423 North 40th Street is a located in the neighborhood of West Powelton in West Philadelphia, Philadelphia.
How many listings are currently for sale in 423 North 40th Street?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 423 North 40th Street?
The average sales price for units in 423 North 40th Street is $1,300,000 currently.

Quantcast