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132 Chestnut Street

132 Chestnut Street, Philadelphia, PA 19106
Commercial in Center City East
Local assessors in Philadelphia, PA have categorized 132 Chestnut Street as a commercial type of property. The home was built in 1900 and is 124 years old. The property's lot size has been calculated to be 945 square feet. The linear feet between the front and back of the lot was measured at 630 ft and the front of the lot was measured at 150 ft. This is a 4 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 132 Chestnut Street has a total of 3,660 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Lots of brick were used in the construction of the exterior walls of the home. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 132 Chestnut Street sold most recently in Sep 5, 2019 for a total of $720,000. If you work out the math, that's approximately a cost of $196.72 per sqft. Before that, the property was also sold for $555,500 in Mar 27, 2003. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $9,960 in taxes each year. The initial year of tax delinquency occurred in 2022. 132 Chestnut Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $711,500. If we break it down further, the land itself was valued at $142,300. Improvements to the property, however, were assessed at a total of $569,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Masonry Exterior

Building Style

Contemporary
Colonial
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20201108
11/08/2020
Loft
-
-
$2,900,000
bedrooms
Loft
bathrooms
-
-
-
-
BILLY CREAGH
National Realty Old City LLC - NJ
20190105
01/05/2019
Studio
-
-
$2,900,000
bedrooms
Studio
bathrooms
-
$720,000 -75.17%
09/10/2019
-
Billy Creagh

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Construction Type: Masonry
  • Exterior Walls Type: Brick
  • Floor Count: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 945
  • Lot Size Depth Feet: 630
  • Lot Size Frontage Feet: 150
  • Total Building Area: 3,660
  • Gross Building Area: 3,660
  • Building Area: 3,660
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,660
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 0.022
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: 3237 W FRONT ST

Ownership

  • Current Owner : 132 CHESTNUT LLC
  • Previous Owner : PICORELLA DARIN
  • Previous Owner 2: DORAZIO CRAIG
  • Owner Before Previous Owner: LANGE MATTHEW
  • Owner Before Previous Owner 2: KENNEDY REBECCA
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 001002

Zoning

  • Zoning: CMX3

Geography

  • Assessors Map Reference: 001S140038
  • Account Number: 006250
  • District: WARD #05
  • Parcel: 87-1006250
  • Block: 1S14
  • Lot: 38
  • Municipality: PHILADELPHIA
  • Latitude: 39.9482
  • Longitude: -75.1438

    Address

  • Full Address: 132 Chestnut St
  • Address - House Number: 132
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C021
  • 4-Digit Zip Code: 3009
  • Zip Code: 19106

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,960
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 5

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $630,000
  • First Open Lien Mortgage Lender: FIRST BANK
  • First Open Lien Mortgage Recording Date: Sep 10, 2019
  • First Open Lien Mortgage Loan Amount: $630,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $711,500
  • Market Land Value: $142,300
  • Market Improvement Value: $569,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $711,500
  • Assessed Land Value: $142,300
  • Assessed Improvements Value: $569,200

    Sales

  • Current Sale Contract Date: Sep 05, 2019
  • Current Sale Recording Date: Sep 10, 2019
  • Current Sale Transaction ID: 11656504988
  • Current Sale Price: $720,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53563408
  • Previous Sale Recording Date: Apr 01, 2003
  • Previous Sale Contract Date: Mar 27, 2003
  • Previous Sale Amount: $555,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST BANK
  • First Mortgage Transaction Date: Sep 10, 2019
  • First Mortgage Loan Amount: $630,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: TRIDENT MORTGAGE CO LP
  • Previous Mortgage Transaction Date: Apr 01, 2003
  • Previous Mortgage Loan Amount: $413,100
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Apr 01, 2033

About Center City



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Frequently Asked Questions

What neighborhood is 132 Chestnut Street located in?
The 132 Chestnut Street is a commercial located in the neighborhood of Center City East in Center City, Philadelphia.
What is the average sales price for listings in 132 Chestnut Street?
The average sales price for units in 132 Chestnut Street is $2,900,000 currently.

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