Property valuation of Locust Street, Philadelphia, PA: 1521-23, 1522, 1524, 1525-29, 1530-34, 1531-33, 1600, 1601 #CB, 1601 #PH1700, 1601 #PH1800 (tax assessments)


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

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1521-23 Locust Street
    Philadelphia, PA 19102
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Owner: ADR 1521 LOCUST LP
Assessed land value: $966,800 (it was $217,920 in 2009)
Assessed building value: $4,796,200 (it was $262,080 in 2009)
Total assessed value for property: $5,763,000 (it was $480,000 in 2009)
Market value: $5,763,000
Date of last market value change: 01/2013
Sale price: $1,680,000
Date the deed was transferred: 08/20/2007
Sale type: Closer review of sale completed. Sale determined to be good, bona fide and at arms length
Status of construction: Finished
Category: Commercial
Site type: Inside location on the block
Frontage: 40 feet
Depth: 90 feet
Shape: Irregular
Topography: Street level
View: Typical
Number of stories: 10
Date the exterior condition was observed: 05/10/2012
Exterior condition: Average
Year property was built: 1971
Connection to sewer: Yes
Land area: 4,834 square feet
Total dwelling livable area: 51,110 square feet
Assessments for tax year: 2014
1522 Locust Street
    Philadelphia, PA 19102
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Owner: EGH PARTNERSHIP L P
Assessed land value: $480,000 (it was $40,000 in 2009)
Assessed building value: $1,140,000 (it was $176,000 in 2009)
Total assessed value for property: $1,620,000 (it was $216,000 in 2009)
Market value: $1,620,000
Date of last market value change: 01/2013
Sale price: $562,500
Date the deed was transferred: 11/10/1999
Status of construction: Finished
Category: Commercial
Site type: Inside location on the block
Frontage: 20 feet
Depth: 120 feet
Shape: Rectangular
Topography: Street level
Garage type: None
View: Typical
Number of stories: 3
Date the exterior condition was observed: 05/10/2012
Exterior condition: Average
Year property was built: 1925
Connection to sewer: Yes
Land area: 2,400 square feet
Total dwelling livable area: 7,200 square feet
Assessments for tax year: 2014
1524 Locust Street
    Philadelphia, PA 19102
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Owner: DAVID LENTZ GAVIN P BOCHETTO TR
Assessed land value: $504,000 (it was $60,500 in 2009)
Assessed building value: $969,500 (it was $91,500 in 2009)
Total assessed value for property: $1,473,500 (it was $152,000 in 2009)
Market value: $1,473,500
Date of last market value change: 01/2013
Sale price: $1
Date the deed was transferred: 12/06/2012
Sale type: Sales between related parties, i.e. Grantor/Grantee, Owner/Tenant
Status of construction: Finished
Category: Commercial
Site type: Inside location on the block
Frontage: 21 feet
Depth: 120 feet
Shape: Rectangular
Topography: Street level
Garage type: None
View: Typical
Number of stories: 4
Date the exterior condition was observed: 05/10/2012
Exterior condition: Average
Year property was built: 1925
Connection to sewer: Yes
Land area: 2,520 square feet
Total dwelling livable area: 6,549 square feet
Assessments for tax year: 2014
1525-29 Locust Street
    Philadelphia, PA 19102
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Owner: HUB PROPERTIES TRUST
Assessed land value: $1,620,000 (it was $345,600 in 2009)
Assessed building value: $12,844,100 (it was $2,694,400 in 2009)
Total assessed value for property: $14,464,100 (it was $3,040,000 in 2009)
Market value: $14,464,100
Date of last market value change: 01/2013
Sale price: $9,000,000
Date the deed was transferred: 06/10/1999
Status of construction: Finished
Category: Commercial
Site type: Inside location on the block
Frontage: 90 feet
Depth: 60 feet
Shape: Rectangular
Topography: Street level
Garage type: None
View: Typical
Number of stories: 19
Date the exterior condition was observed: 05/10/2012
Exterior condition: Average
Year property was built: 1990
Connection to sewer: Yes
Land area: 5,400 square feet
Total dwelling livable area: 107,996 square feet
Assessments for tax year: 2014
1530-34 Locust Street
    Philadelphia, PA 19102
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Owner: AFFILIATES VERSAILLES
Assessed land value: $777,254 (it was $419,986 in 2009)
Assessed building value: $14,509,646 (it was $1,820,654 in 2009)
Total assessed value for property: $15,286,900 (it was $2,240,640 in 2009)
Market value: $15,286,900
Date of last market value change: 01/2013
Sale price: $232,300
Date the deed was transferred: 12/18/1995
Sale type: Forced, Sheriff, Bankruptcy or Court-ordered Sales, Condemnation, Deed in lieu of Condemnation
Status of construction: Finished
Category: Hotels and Apartments
Frontage: 101 feet
Depth: 120 feet
Shape: Rectangular
Topography: Street level
View: Typical
Number of stories: 16
Date the exterior condition was observed: 12/12/2011
Exterior condition: Average
Year property was built: 1929
Connection to sewer: Yes
Land area: 12,120 square feet
Total dwelling livable area: 143,600 square feet
Assessments for tax year: 2014
1531-33 Locust Street
    Philadelphia, PA 19102
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Owner: LLP VDM
Assessed land value: $720,000
Assessed building value: $1,231,200
Total assessed value for property: $1,951,200
Market value: $1,951,200
Date of last market value change: 01/2013
Sale price: $2,400,000
Date the deed was transferred: 02/27/2006
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: 40 feet
Depth: 90 feet
Shape: Rectangular
Topography: Street level
Garage type: None
View: Typical
Number of stories: 5
Date the exterior condition was observed: 11/06/2013
Year property was built: 1928
Connection to sewer: Yes
Land area: 3,600 square feet
Total dwelling livable area: 12,720 square feet
Assessments for tax year: 2014
1600 Locust Street
    Philadelphia, PA 19103
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Owner: PHILADELPHIA FEDERAL CRED
Assessed land value: $562,800 (it was $100,000 in 2009)
Assessed building value: $1,124,700 (it was $412,000 in 2009)
Total assessed value for property: $1,687,500 (it was $512,000 in 2009)
Market value: $1,687,500
Date of last market value change: 01/2013
Sale price: $2,100,000
Date the deed was transferred: 01/10/2005
Sale type: Closer review of sale completed. Sale determined to be good, bona fide and at arms length
Status of construction: Finished
Category: Commercial
Site type: Corner
Frontage: 22.30 feet
Depth: 126 feet
Shape: Rectangular
Topography: Above Street Level
Garage type: None
View: Typical
Number of stories: 2
Date the exterior condition was observed: 05/10/2012
Exterior condition: Average
Year property was built: 1880
Connection to sewer: Yes
Land area: 2,814 square feet
Total dwelling livable area: 7,500 square feet
Assessments for tax year: 2014
1601 Locust Street #CB
    Philadelphia, PA 19103
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Owner: 1601 LOCUST LP
Assessed land value: $61,700 (it was $24,868 in 2009)
Assessed building value: $246,800 (it was $4,476 in 2009)
Total assessed value for property: $308,500 (it was $29,344 in 2009)
Market value: $308,500
Date of last market value change: 01/2013
Sale price: $4,876,000
Date the deed was transferred: 05/06/2002
Status of construction: Finished
Category: Commercial
Site type: Corner
Shape: Rectangular
Garage type: None
View: Cityscape
Date the exterior condition was observed: 09/25/2012
Exterior condition: Above average
Year property was built: 1929 (estimated)
Connection to sewer: Yes
Total dwelling livable area: 4,344 square feet
Assessments for tax year: 2014
1601 Locust Street #PH1700
    Philadelphia, PA 19103
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Owner: THOMAS P DOMALSKI
Assessed land value: $208,460 (it was $54,806 in 2009)
Assessed building value: $40,149 (it was $9,866 in 2009)
Total assessed value for property: $248,609 (it was $64,672 in 2009)
Market value: $2,084,600
Date of last market value change: 01/2013
Sale price: $2,550,000
Date the deed was transferred: 05/31/2012
Sale type: Unfinished improvements. Improvements underway, repairs without permits
Status of construction: Finished
Category: Residential
Site type: Corner
Shape: Rectangular
Garage type: None
View: Cityscape
Date the exterior condition was observed: 09/25/2012
Exterior condition: Above average
Year property was built: 1929 (estimated)
Connection to sewer: Yes
Total dwelling livable area: 4,327 square feet
Assessments for tax year: 2014
1601 Locust Street #PH1800
    Philadelphia, PA 19103
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Owner: HANS BOMBECK CHERYL A BOMBECK
Assessed land value: $93,970 (it was $33,437 in 2009)
Assessed building value: $29,769 (it was $6,019 in 2009)
Total assessed value for property: $123,739 (it was $39,456 in 2009)
Market value: $939,700
Date of last market value change: 01/2013
Sale price: $1,000,000
Date the deed was transferred: 10/29/2010
Sale type: Unfinished improvements. Improvements underway, repairs without permits
Status of construction: Finished
Category: Residential
Site type: Corner
Shape: Rectangular
Garage type: None
View: Cityscape
Date the exterior condition was observed: 09/25/2012
Exterior condition: Above average
Year property was built: 1929 (estimated)
Connection to sewer: Yes
Total dwelling livable area: 2,300 square feet
Assessments for tax year: 2014
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