NOT LISTED FOR SALE

2040 Faunce St Philadelphia, PA 19152

Rhawnhurst Neighborhood

Estimated Value: $357,809 - $475,000

-- Bed
1 Bath
1,954 Sq Ft
$204/Sq Ft Est. Value

Last Sold August 26, 2015

Last sale price $181,000 $93 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $2,482/month

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Heating System Uses Gas
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of August 2015

Great Opportunity for this 2 unit 2 bedrooms each duplex on quiet street Near Roosevelt Mall.Nice sized apartments with large bedrooms and plenty of storage. 2 separate One car garages, separated heat and electric. laundry in the basement for each unit as well as storage lockers. Close to shopping, public transportation and major highways.

Last Agent to Sell the Property

Joseph Dougherty

(215) 806-1445 joseph.dougherty@foxroach.com BHHS Fox & Roach-Jenkintown Listed on: 04/28/2015

BHHS Fox & Roach-Jenkintown

Last Buyer's Agent

Muhammad Rahman

(267) 243-2045 mrlutfur06@yahoo.com Realty Mark Associates-CC License #RS295786

Realty Mark Associates-CC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,566

Year Built

  • Built in 1950

Lot Details

  • 3,164 Sq Ft Lot
  • Lot Dimensions are 28x111

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,954 Sq Ft Home
  • Partial Basement

Parking

  • 2 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 173
  • Assessor Parcel Number 561394100

Community Details

Overview

  • No Home Owners Association
  • Rhawnhurst Subdivision

Building Details

  • Operating Expense $2,566

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,566

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1950
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1954
  • Living Area Sq Ft: 1954
  • Price Per Sq Ft: 102.35
  • Above Grade Finished Sq Ft: 1954
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2040

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Total Garage And Parking Spaces: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Land Use Code: W30
  • Lot Size Acres: 0.07
  • Lot Dimensions: 28X111
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3164.00
  • Property Attached Yn: Yes
  • Zoning: RSA3

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 2566.00
  • Assessor Parcel Number: 561394100
  • Tax Lot: 173
  • Tax Year: 2015
  • Close Date: 08/26/2015

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2015
Closed on
Aug 26, 2015
Sold by
Coleman Michael and Coleman Michele
Bought by
Khan Fakrul Islam and Khan Tazul Islam
Seller's Agent
Joseph Dougherty
BHHS Fox & Roach-Jenkintown
Buyer's Agent
Muhammad Rahman
Realty Mark Associates-CC
List Price
$200,000
Sold Price
$181,000
Premium/Discount to List
-$19,000
-9.5%
Current Estimated Value
$399,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,270
Avg. Annual Appreciation
7.74%
Original Mortgage
$144,800
Interest Rate
4.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 29, 2000
Sold by
Volz Charles
Bought by
Coleman Michael and Coleman Michele L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,939
Interest Rate
8.28%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Khan Fakrul Islam $181,000 None Available
Coleman Michael $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khan Fakrul Islam $96,500
Closed Khan Fakrul Islam $144,800
Previous Owner Coleman Michael $140,000
Previous Owner Coleman Michael $15,000
Previous Owner Coleman Michael $94,939
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2015 08/26/15 Sold $181,000 -9.5% $93 / Sq Ft
06/19/2015 06/19/15 Pending -- -- --
04/28/2015 04/28/15 For Sale $200,000 -- $102 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,472 $383,400 $76,600 $306,800
2024 $4,472 $383,400 $76,600 $306,800
2023 $4,472 $319,500 $63,900 $255,600
2022 $2,527 $274,500 $63,900 $210,600
2021 $3,157 $0 $0 $0
2020 $3,157 $0 $0 $0
2019 $2,956 $0 $0 $0
2018 $2,261 $0 $0 $0
2017 $2,681 $0 $0 $0
2016 $2,681 $0 $0 $0
2015 $2,566 $0 $0 $0
2014 -- $191,500 $52,198 $139,302
2012 -- $22,848 $3,193 $19,655
Source: Public Records

Agents Affiliated with this Home

  • Joseph Dougherty

    Seller's Agent in 2015

    Joseph Dougherty

    BHHS Fox & Roach

    (215) 806-1445

    142 Total Sales

    Joseph Dougherty
    Section Image

  • M

    Buyer's Agent in 2015

    Muhammad Rahman

    Realty Mark Associates-CC

    (267) 243-2045

    29 in this area

    96 Total Sales

    Muhammad Rahman
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000019834

Bright MLS

APN: 561394100

Pennsylvania Philadelphia County Philadelphia 19152 Rhawnhurst

2040 Faunce St, Philadelphia, PA

This home is located at 2040 Faunce St, Philadelphia, PA 19152 since 28 April 2015 and is currently estimated at $399,270, approximately $204 per square foot. This property was built in 1950. 2040 Faunce St is a home located in Philadelphia County with nearby schools including Rhawnhurst School, Castor Gardens Middle School, and Northeast High School.

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