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2040 Wallace St, Philadelphia, PA, 19130

$1,279,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths, 1 Partial
2,675 SqFt
$478/SqFt
Townhouse

Location

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2040 Wallace St, Philadelphia$1,279,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingGarage - Front Entry, Garage Door Opener, Inside Access, Attached Garage
Garage1 space
Year Built1993
HeatingCentral
CoolingCentral Air
BasementYes
FireplaceGas/Propane
MLS #PAPH2396116
Lot Size0.05 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 2040 Wallace St

Impressive and stunning townhouse on premier block with garage plus an astonishing bricked and landscaped 50’ X 20’ rear garden. The lot size is 22’ X 101’ allowing very sunny and spacious interior rooms and views. This 2635 sq. ft. home was built from ground up in 1990-91 and underwent a complete and extensive new renovation down to the studs in 2010. Ground level: One car garage with beautiful custom made barn garage doors. Garage has slot walls for hanging storage, utility closet with central vac, Rinnai on demand hot water heater and the first zone of HVAC that is only 2 years old. This level has a 2nd hall storage closet plus another 7’ X 18’ storage room and a powder room with a cedar closet. First Level: Double French leaded front door, step up to a large custom front gourmet kitchen outfitted with GE Monogram stainless double oven, microwave convection oven, French door refrigerator, Bosch dishwasher, GE Monogram cooktop, a huge amount of custom cabinetry and built ins with breakfast bar with room for 4 bar stools. Off the kitchen is a cheery formal dining room overlooking the living room and a view of the rear garden. A few steps down takes you to an enormous sun splashed living room with 12’ ceilings, custom ceiling fan, gas fireplace with custom builtin surround, gorgeous wood floors, enormous glass window wall with automatic awning, door to rear garden, view of the very private 20’ X 50’ bricked and landscaped garden with mature plantings, irrigation, and an easement to Wallace Street. Second Level: Spacious staircase up to 2 bedroom suits. Front bedroom with en suite bathroom, 13’ of closet space (currently used as double office), full wall of custom shelving and cabinetry. Spacious hall with laundry center with front loading washer and dryer, tons of cabinetry, utility close housing 2nd HVAC, and a jetted laundry sink. Very spacious and sun splashed rear guest bedroom complete with en suite bathroom, 13’ of closets, door to large terrace overlooking the garden and with cityscape views of center city. Top Level: Very spacious full floor Master Suite complete with gas fireplace with flat panel TV above, lots of custom built in shelving, large walk-in closet, door to another terrace with awning and great city skyline views. Enormous front spa-like master bath complete with walk-in shower with rain head and shower wand, huge walk-in closet, plus a huge jetted spa-like soaking tub, heated towel rack, separate water closet, along with double sinks and double medicine cabinets. Custom louvered Casa Blanca window treatments through-out, hardwood floors, 2 zoned HVAC, 2 Rinaai on demand tankless hot water heaters, sprinklered garden and front planters, 3 full baths, 1 powder room, alarm system, central vac, and much more customization.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1993
  • Living Area: 2,675 SqFt

Listing Office:

  • Office Name: BHHS Fox & Roach The Harper at Rittenhouse Square
  • Office Phone: (215) 546-0550
  • Listing Agent: John J Portland

Interior Features

Interior Information:

  • Appliances: Microwave, Range, Central Vacuum, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Instant Hot Water, Intercom, Double Oven, Self Cleaning Oven, Oven, Oven, Electric Range, Refrigerator, Stainless Steel Appliances, Washer
  • Basement: Yes
  • Flooring Type: Carpet, Hardwood
  • Interior: Bathroom - Jetted Tub, Bathroom - Soaking Tub, Bathroom - Walk-In Shower, Built-Ins, Cedar Closet(s), Ceiling Fan(s), Central Vacuum, Crown Moldings, Floor Plan - Open, Formal/Separate Dining Room, Intercom, Kitchen - Gourmet, Primary Bath(s), Recessed Lighting, Skylight(s), Stain/Lead Glass, Walk-in Closet(s), Window Treatments, Wood Floors
  • Fireplace: Gas/Propane

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Parking: Garage - Front Entry, Garage Door Opener, Inside Access, Attached Garage

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Benjamin Franklin High School, Public District Grades 9-12
  • Laura W. Waring School, Public District Grades KG-8

Other

Directions Information:

  • Directions: North on 20th to Wallace

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,279,000
  • Price Per SqFt: $478/SqFt

Tax Information:

  • Annual Amount: $8,668
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

Med. Sold Price

$260.3K

Med. Price/SqFt

$198

Avg. Days On Market

46

# of Sold Homes

907

2040 Wallace St vs Philadelphia

43 DAYS ON ROCKET

-3 Days

$1,279,000

+$1.0M More

$478/SqFt

+$280 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $280/SqFt more than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2396116

Listing Office:

  • Office Name: BHHS Fox & Roach The Harper at Rittenhouse Square
  • Office Phone: (215) 546-0550
  • Listing Agent: John J Portland

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/31/2024, 10:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$8,668 -
2019$8,997$642,800
2018$8,399$600,000
2017$8,399$600,000

History based on county public records data.

Payment Calculator

$6,451

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,901

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-875889
3
/10
  • Laura W. Waring School

  • 1801 Green St

  • 0.25 miles

  • Public District Grades KG-8

High School

school-card-donut-875890
2
/10
  • Benjamin Franklin High School

  • 550 N Broad St

  • 0.56 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $99,107. Most Philadelphia, PA residents have annual incomes between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2040 Wallace St

What is the listing price of this property?

The listing price of 2040 Wallace St property is $1,279,000.

What type of property is this?

The property 2040 Wallace St is a townhouse located in Philadelphia, Pennsylvania, 19130.

Is this property for sale now?

Accepting Backup Offers: 2040 Wallace St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 2040 Wallace St are:
Laura W. Waring School: GreatSchools Rating 3/10
Benjamin Franklin High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $8,668 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2040 Wallace St has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 2040 Wallace St is 2,675 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2040 Wallace St is 1993.

Rocket HomesPennsylvaniaPhiladelphia CountyPhiladelphia191302040 Wallace St

This home is located at 2040 Wallace St in Philadelphia, PA and zip code 19130 in the Spring Garden neighborhood. This 2,675 square foot home, which was built in 1993, sits on a 0.05 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 18, 2024 and is currently priced at $1,279,000.

While more than 210 listings in Philadelphia, PA in September 2024 were sold above asking price, there were more than 203 listings sold at asking price, and more than 494 were sold below. Between August 2024 and September 2024, Philadelphia, PA real estate market has seen increase in the number of listings by 7.8%. Listings spent 46 days on the market in September 2024, and had a median list price of $260,372 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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