Property valuation of Chestnut Street, Philadelphia, PA: 1528, 1529-31, 1530-32 #LOWER, 1530-32 #UPPER, 1535-41, 1600-2, 1601 #A, 1601 #B, 1601 #C, 1604 (tax assessments)


Listed properties vs overall distribution of properties in Philadelphia, PA:

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1528 Chestnut Street
    Philadelphia, PA 19102
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Owner: 1528 CHESTNUT LLC
Assessed land value: $2,204,000 (it was $272,912 in 2009)
Assessed building value: $2,017,100 (it was $655,088 in 2009)
Total assessed value for property: $4,221,100 (it was $928,000 in 2009)
Market value: $4,221,100
Date of last market value change: 01/2013
Sale price: $3,425,000
Date the deed was transferred: 03/02/2005
Sale type: Forced, Sheriff, Bankruptcy or Court-ordered Sales, Condemnation, Deed in lieu of Condemnation
Status of construction: Finished
Category: Commercial
Frontage: 38.02 feet
Depth: 230.50 feet
Shape: Rectangular
Topography: Street level
Garage type: None
View: Typical
Number of stories: 2
Date the exterior condition was observed: 11/06/2013
Exterior condition: Average
Year property was built: 1920 (estimated)
Connection to sewer: Yes
Land area: 8,763 square feet
Total dwelling livable area: 17,518 square feet
Assessments for tax year: 2014
1529-31 Chestnut Street
    Philadelphia, PA 19102
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Owner: PARTNER L P ENRICO
Assessed land value: $1,711,500 (it was $219,100 in 2009)
Assessed building value: $902,400 (it was $196,900 in 2009)
Total assessed value for property: $2,613,900 (it was $416,000 in 2009)
Market value: $2,613,900
Date of last market value change: 01/2013
Sale price: $1,444,300
Date the deed was transferred: 11/27/1979
Sale type: Sales between related parties, i.e. Grantor/Grantee, Owner/Tenant
Status of construction: Finished
Category: Commercial
Frontage: 42 feet
Depth: 163 feet
Shape: Rectangular
Topography: Street level
Garage type: None
View: Typical
Number of stories: 2
Date the exterior condition was observed: 11/06/2013
Exterior condition: Rehabilitated
Year property was built: 1970 (estimated)
Connection to sewer: Yes
Land area: 6,846 square feet
Total dwelling livable area: 13,692 square feet
Assessments for tax year: 2014
1530-32 Chestnut Street #LOWER
    Philadelphia, PA 19102
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Owner: 1530 CHESTNUT ST ASSOC LP
Assessed land value: $274,820 (it was $155,200 in 2009)
Assessed building value: $1,099,280
Total assessed value for property: $1,374,100 (it was $155,200 in 2009)
Market value: $1,374,100
Date of last market value change: 01/2013
Sale price: $5,000,000
Date the deed was transferred: 04/07/2006
Sale type: Sale deferred for closer review by Evaluation staff
Status of construction: Finished
Category: Commercial
Shape: Rectangular
Garage type: None
View: Cityscape
Date the exterior condition was observed: 09/07/2012
Exterior condition: Average
Year property was built: 1900 (estimated)
Connection to sewer: Yes
Total dwelling livable area: 23,627 square feet
Assessments for tax year: 2014
1530-32 Chestnut Street #UPPER
    Philadelphia, PA 19102
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Owner: 1530 CHESTNUT ST ASSOC LP
Assessed land value: $401,500 (it was $444,800 in 2009)
Assessed building value: $660,375
Total assessed value for property: $1,061,875 (it was $444,800 in 2009)
Market value: $4,015,000
Date of last market value change: 04/2007
Sale price: $5,000,000
Date the deed was transferred: 04/07/2006
Sale type: Closer review of sale completed. Sale determined to be good, bona fide and at arms length
Status of construction: Finished
Category: Hotels and Apartments
Shape: Rectangular
Garage type: None
View: Cityscape
Date the exterior condition was observed: 09/07/2012
Exterior condition: Average
Year property was built: 1900 (estimated)
Connection to sewer: Yes
Total dwelling livable area: 51,550 square feet
Assessments for tax year: 2014
1535-41 Chestnut Street
    Philadelphia, PA 19102
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Owner: 1535 CHESTNUT CORP
Assessed land value: $1,961,300 (it was $825,000 in 2009)
Assessed building value: $1,796,300 (it was $199,000 in 2009)
Total assessed value for property: $3,757,600 (it was $1,024,000 in 2009)
Market value: $3,757,600
Date of last market value change: 01/2013
Sale price: $1
Date the deed was transferred: 01/27/1971
Status of construction: Finished
Category: Commercial
Frontage: 72 feet
Depth: 109 feet
Shape: Rectangular
Topography: Street level
Garage type: None
View: Typical
Number of stories: 2
Date the exterior condition was observed: 11/06/2013
Exterior condition: Average
Year property was built: 1970 (estimated)
Connection to sewer: Yes
Land area: 7,845 square feet
Total dwelling livable area: 15,696 square feet
Assessments for tax year: 2014
1600-2 Chestnut Street
    Philadelphia, PA 19103
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Owner: 1600 CHESTNUT PARTNERS LP
Assessed land value: $325,910 (it was $199,520 in 2009)
Assessed building value: $5,781,290 (it was $440,480 in 2009)
Total assessed value for property: $6,107,200 (it was $640,000 in 2009)
Market value: $6,107,200
Date of last market value change: 01/2013
Sale price: $11,000,000
Date the deed was transferred: 09/28/2011
Sale type: Others, for some reason does not meet the criteria in the definition of market value
Status of construction: Finished
Category: Hotels and Apartments
Frontage: 43 feet
Depth: 145 feet
Shape: Rectangular
Topography: Street level
Garage type: None
View: Typical
Number of stories: 6
Date the exterior condition was observed: 10/04/2012
Exterior condition: Above average
Year property was built: 1920 (estimated)
Connection to sewer: Yes
Separation of utilities: All separate (except water)
Land area: 6,235 square feet
Total dwelling livable area: 37,410 square feet
Assessments for tax year: 2014
1601 Chestnut Street #A
    Philadelphia, PA 19103
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Owner: AT TWO LIBERTY PL OFFICES
Assessed land value: $4,509,500 (it was $4,557,000 in 2009)
Assessed building value: $87,261,700 (it was $10,518,840 in 2009)
Total assessed value for property: $91,771,200 (it was $15,075,840 in 2009)
Market value: $91,771,200
Date of last market value change: 01/2013
Sale price: $47,112,000
Date the deed was transferred: 08/31/2005
Sale type: Closer review of sale completed. Sale determined to be good, bona fide and at arms length
Status of construction: Finished
Category: Commercial
Frontage: 167 feet
Depth: 198 feet
Shape: Irregular
Topography: Street level
Garage type: None
View: Typical
Date the exterior condition was observed: 05/07/2012
Year property was built: 1990
Connection to sewer: Yes
Land area: 33,066 square feet
Total dwelling livable area: 948,132 square feet
Assessments for tax year: 2014
1601 Chestnut Street #B
    Philadelphia, PA 19103
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Owner: LIBERTY PLACE LP TWO
Assessed land value: $1,538,600 (it was $647,794 in 2009)
Assessed building value: $29,771,800 (it was $7,350,926 in 2009)
Total assessed value for property: $31,310,400 (it was $7,998,720 in 2009)
Market value: $31,310,400
Date of last market value change: 01/2013
Sale price: $103,888,000
Date the deed was transferred: 08/21/2005
Sale type: Sale deferred for closer review by Evaluation staff
Status of construction: Finished
Category: Commercial
Frontage: 167 feet
Depth: 198 feet
Shape: Rectangular
Garage type: None
View:
Number of stories: 6
Date the exterior condition was observed: 05/07/2012
Year property was built: 2007 (estimated)
Connection to sewer: Yes
Land area: 33,066 square feet
Total dwelling livable area: 198,396 square feet
Assessments for tax year: 2014
1601 Chestnut Street #C
    Philadelphia, PA 19103
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Owner: LIBERTY PLACE LP TWO
Assessed land value: $1,480,000 (it was $623,164 in 2009)
Assessed building value: $28,640,000 (it was $7,071,556 in 2009)
Total assessed value for property: $30,120,000 (it was $7,694,720 in 2009)
Market value: $30,120,000
Date of last market value change: 01/2013
Sale price: $103,888,000
Date the deed was transferred: 08/21/2005
Status of construction: Finished
Category: Commercial
Site type: Inside location on the block
Frontage: 167 feet
Depth: 198 feet
Shape: Rectangular
Garage type: None
View:
Date the exterior condition was observed: 05/25/2012
Exterior condition: Average
Year property was built: 2007 (estimated)
Connection to sewer: Yes
Land area: 33,066 square feet
Total dwelling livable area: 33,066 square feet
Assessments for tax year: 2014
1604 Chestnut Street
    Philadelphia, PA 19103
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Owner: 1604 CHESTNUT ASSOCIATES
Assessed land value: $797,500 (it was $102,080 in 2009)
Assessed building value: $1,007,700 (it was $185,920 in 2009)
Total assessed value for property: $1,805,200 (it was $288,000 in 2009)
Market value: $1,805,200
Date of last market value change: 01/2013
Sale price: $2,450,000
Date the deed was transferred: 11/19/2007
Sale type: Sale deferred for closer review by Evaluation staff
Status of construction: Finished
Category: Commercial
Frontage: 22 feet
Depth: 145 feet
Shape: Rectangular
Topography: Street level
Garage type: None
View: Typical
Number of stories: 4
Date the exterior condition was observed: 04/03/2012
Exterior condition: Average
Year property was built: 1890 (estimated)
Connection to sewer: Yes
Land area: 3,190 square feet
Total dwelling livable area: 11,572 square feet
Assessments for tax year: 2014
Philadelphia, PA index of house prices
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