NOT LISTED FOR SALE

2540 S Franklin St Philadelphia, PA 19148

South Philadelphia East Neighborhood

Estimated Value: $135,000 - $177,798

2 Beds
1 Bath
940 Sq Ft
$164/Sq Ft Est. Value

Last Sold April 29, 2024

Last sale price $136,000 $145 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $992/month

4 Days on Market

About This Home

As of April 2024

Quaint 2 bedroom 1 bath row house located in desirable Lower Moyamensing neighborhood. Great investment opportunity with a little TLC. Close to 95. Currently tenant occupied but property will be vacant at time of settlement.

Last Agent to Sell the Property

MICHAEL MCCOLGAN

Realty Mark Associates License #RS311222 Listed on: 02/18/2024

Realty Mark Associates

Last Buyer's Agent

MICHAEL MCCOLGAN

Realty Mark Associates License #RS311222 Listed on: 02/18/2024

Realty Mark Associates

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,059

Year Built

  • Built in 1925

Lot Details

  • 700 Sq Ft Lot
  • Lot Dimensions are 14.00 x 50.00

Parking

  • On-Street Parking

Home Design

  • AirLite
  • Brick Foundation
  • Masonry

Interior Spaces

  • 940 Sq Ft Home
  • Property has 2 Levels
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater
  • Public Septic

Community Details

  • No Home Owners Association
  • Lower Moyamensing Subdivision

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 393231400

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,059

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Airlite
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-02-18
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Remarks Public: Quaint 2 bedroom 1 bath row house located in desirable Lower Moyamensing neighborhood. Great investment opportunity with a little TLC. Close to 95. Currently tenant occupied but property will be vacant at time of settlement.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Total Sq Ft: 940
  • Living Area Sq Ft: 940
  • Price Per Sq Ft: 159.47
  • Above Grade Finished Sq Ft: 940
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2540

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: O30
  • Lot Size Acres: 0.02
  • Lot Dimensions: 14.00 x 50.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 700.00
  • Year Assessed: 2023
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1129.00
  • Tax Annual Amount: 2059.00
  • Assessor Parcel Number: 393231400
  • Tax Lot: 36
  • Tax Total Finished Sq Ft: 940
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 04/29/2024

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2024
Closed on
Apr 29, 2024
Sold by
Chan Shirley Tik Kwan
Bought by
Antonys Investments Llc
Seller's Agent
MICHAEL MCCOLGAN
Realty Mark Associates
Buyer's Agent
MICHAEL MCCOLGAN
Realty Mark Associates
List Price
$149,900
Sold Price
$136,000
Premium/Discount to List
-$13,900
-9.27%
Views
17
Current Estimated Value
$153,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,950
Avg. Annual Appreciation
4.97%
Original Mortgage
$196,945
Interest Rate
6.79%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 16, 2019
Sold by
Lee Shun Ho and Chan Shirley Tik Kwan
Bought by
Chan Shirley Tik Kwan

Purchase Details

Closed on
Dec 20, 2006
Sold by
Crosson Hannah
Bought by
Lee Shun Ho and Chan Shirley Tik Kwan
Source: Public Records

Range of Values:

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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
Antonys Investments Llc $136,000 Interstate Abstract
Chan Shirley Tik Kwan -- None Available
Lee Shun Ho $60,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Antonys Investments Llc $225,000
Closed Antonys Investments Llc $196,945
Previous Owner Chan Seirley Tik Kwan $48,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2024 04/29/24 Sold $136,000 -9.3% $145 / Sq Ft
02/23/2024 02/23/24 Pending -- -- --
02/18/2024 02/18/24 For Sale $149,900 -- $159 / 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 $2,059 $165,000 $33,000 $132,000
2024 $2,059 $165,000 $33,000 $132,000
2023 $2,059 $147,100 $29,420 $117,680
2022 $1,779 $147,100 $29,420 $117,680
2021 $1,779 $0 $0 $0
2020 $1,779 $0 $0 $0
2019 $1,642 $0 $0 $0
2018 $1,215 $0 $0 $0
2017 $1,215 $0 $0 $0
2016 $1,215 $0 $0 $0
2015 $1,017 $0 $0 $0
2014 -- $75,900 $8,488 $67,412
2012 -- $6,208 $912 $5,296
Source: Public Records

Agents Affiliated with this Home

  • MICHAEL MCCOLGAN

    Seller's Agent in 2024

    MICHAEL MCCOLGAN

    Realty Mark Associates

    (267) 797-0566

    10 in this area

    25 Total Sales

    MICHAEL MCCOLGAN
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Map

Source: Bright MLS

MLS Number: PAPH2322914

Bright MLS

APN: 393231400

Pennsylvania Philadelphia County Philadelphia 19148 South Philadelphia East

2540 S Franklin St, Philadelphia, PA

This home is located at 2540 S Franklin St, Philadelphia, PA 19148 since 18 February 2024 and is currently estimated at $153,950, approximately $163 per square foot. This property was built in 1925. 2540 S Franklin St is a home located in Philadelphia County with nearby schools including South Philadelphia High School, Fell D Newlin School, and Mastery Charter Thomas Elementary School.

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