This vacant CORNER lot is located at 1240 W. Erie Ave. in Philadelphia, PA 19140. This property offers nearly 1600 square feet of space and is zoned as RM-1, allowing for the development of multi-unit residential buildings. This lot presents a great opportunity for those looking to build or develop in the Temple University Hunting Park area. Be sure to research zoning regulations and potential development options to maximize the potential of this property.
Sold for $40,000
$40,000
1240 W Erie Ave, Philadelphia, PA 19140
--beds
--baths
1,594Square Feet
Unimproved Land
Built in ----
1,594 Square Feet Lot
$-- Zestimate®
$--/sqft
$1,571 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,571/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Talia Levi 267-241-7168,
BHHS Fox & Roach-Jenkintown
Bought with:
Rashid Williams, RS327931
Howard Hanna Company-Harrisburg
Source: Bright MLS,MLS#: PAPH2354414
Facts & features
Property
Lot
- Size: 1,594 Square Feet
- Dimensions: 16.00 x 100.00
Details
- Parcel number: 432057600
- Zoning: RM1
- Special conditions: Standard
Utilities & green energy
- Sewer: No Septic System
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Tax assessed value: $36,600
- Annual tax amount: $512
- Date on market: 5/15/2024
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 5/16/2025 | Sold | $40,000-14% |
Source:  Bright MLS #PAPH2354414 Report a problem | ||
| 4/17/2025 | Contingent | $46,500 |
Source: Bright MLS #PAPH2354414 Report a problem | ||
| 4/9/2025 | Price change | $46,500-2.1% |
Source: Bright MLS #PAPH2354414 Report a problem | ||
| 12/20/2024 | Price change | $47,500-5% |
Source: Bright MLS #PAPH2354414 Report a problem | ||
| 11/18/2024 | Price change | $50,000-9.1% |
Source: Bright MLS #PAPH2354414 Report a problem | ||
| 7/25/2024 | Price change | $55,000-6.8% |
Source: Bright MLS #PAPH2354414 Report a problem | ||
| 6/24/2024 | Price change | $59,000-1.5% |
Source: Bright MLS #PAPH2354414 Report a problem | ||
| 5/15/2024 | Listed for sale | $59,900+299.3% |
Source: Bright MLS #PAPH2354414 Report a problem | ||
| 8/31/2016 | Listing removed | $15,000 |
Source: RE/MAX Specialists #6738488 Report a problem | ||
| 2/27/2016 | Listed for sale | $15,000+837.5% |
Source: RE/MAX SPECIALISTS #6738488 Report a problem | ||
| 12/14/2015 | Sold | $1,600 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $512 +87.7% | $36,600 +87.7% |
| 2024 | $273 | $19,500 |
| 2023 | $273 -21.7% | $19,500 |
| 2022 | $349 | -- |
| 2021 | $349 | -- |
| 2018 | $349 | -- |
| 2017 | $349 | -- |
| 2016 | $349 | -- |
| 2015 | $349 | -- |
| 2014 | $349 +400.2% | $5,200 +1525% |
| 2012 | $70 | $320 |
| 2011 | -- | $320 |
| 2010 | -- | $320 |
| 2009 | -- | $320 |
| 2008 | -- | $320 |
| 2007 | -- | $320 |
| 2006 | -- | $320 |
| 2005 | -- | $320 -91.7% |
| 2004 | -- | $3,840 |
| 2003 | -- | $3,840 |
| 2002 | -- | $3,840 |
| 2000 | -- | $3,840 |
| 1999 | -- | $3,840 |
Find assessor info on the county website
Neighborhood: Franklinville
Nearby homes
- $--2 bd2 ba1.2k sqft1240 W Erie Ave #2, Philadelphia, PA 19140Off Market
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- $73,100-- bd-- ba2.7k sqft1238 W Erie Ave, Philadelphia, PA 19140Off Market
- $35,8001,555 Square Feet1236 W Erie Ave, Philadelphia, PA 19140Off Market
- $180,400-- bd-- ba2.7k sqft1234 W Erie Ave, Philadelphia, PA 19140Off Market
- $--1 bd1 ba-- sqft3651 N 13th St #3650, Philadelphia, PA 19140Off Market
- $--1 bd2 ba500 sqft1300 W Erie Ave #3, Philadelphia, PA 19140Off Market
- $36,800-- bd-- ba-- sqft1300 W Erie Ave, Philadelphia, PA 19140Off Market
Nearby schools
GreatSchools rating
- 5/10Bethune Mary Mcleod SchoolGrades: PK-8Distance: 0.4 mi
- 3/10The LincGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- District: The School District Of Philadelphia
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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