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140 South Broad Street

140 South Broad Street, Philadelphia, PA 19102
Sold Nov 19, 1938
Transfer
$14,000,000 by Wilmington Trust Of Pennsylvan
Mortgage
Local assessors in Philadelphia, PA have categorized 140 South Broad Street as a residential type of property. The home was built in 1863 and is 161 years old. The property's lot size has been calculated to be 39,600 square feet. The linear feet between the front and back of the lot was measured at 3,960 ft and the front of the lot was measured at 1,000 ft. This is a 5 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 140 South Broad Street has a total of 182,835 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 unknown. 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. Tax-wise, the current owner is expected to pay close to $242,798 in taxes each year. 140 South Broad Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $17,345,200. If we break it down further, the land itself was valued at $3,469,040. Improvements to the property, however, were assessed at a total of $13,876,160. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1863
  • Effective Year Built: 1863
  • Building Count: 1
  • Bedroom Count: 0
  • Construction Type: Masonry
  • Exterior Walls Type: Brick
  • Floor Count: 5
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 39,600
  • Lot Size Depth Feet: 3,960
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 182,835
  • Gross Building Area: 182,835
  • Building Area: 182,835
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 182,835
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.909
  • Standard Land Use Code: Fraternity or sorority house
  • Legal Description 1: SWC SANSOM

Ownership

  • Current Owner : UNION LEAGUE OF PHILA
  • 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: 000701

Zoning

  • Zoning: CMX5

Geography

  • Assessors Map Reference: 001S210154
  • Account Number: 701500
  • District: WARD #08
  • Parcel: 88-3701500
  • Block: 1S21
  • Lot: 7
  • Municipality: PHILADELPHIA
  • Latitude: 39.95
  • Longitude: -75.165

    Address

  • Full Address: 140 S Broad St
  • Address - House Number: 140
  • Street Direction: S
  • Address - Street Name: Broad
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C070
  • 4-Digit Zip Code: 3003
  • Zip Code: 19102

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $242,798
  • Tax Rate Code Area: 8

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $22,000,000
  • First Open Lien Mortgage Lender: WILMINGTON TRUST OF PENNSYLVAN
  • First Open Lien Mortgage Recording Date: Oct 12, 2006
  • First Open Lien Mortgage Loan Amount: $14,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • Second Open Lien Mortgage Lender: M & T BANK
  • Second Open Lien Mortgage Recording Date: Dec 24, 2012
  • Second Open Lien Mortgage Loan Amount: $8,000,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Market Valuation

  • Market Total Value: $17,345,200
  • Market Land Value: $3,469,040
  • Market Improvement Value: $13,876,160

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,345,200
  • Assessed Land Value: $3,469,040
  • Assessed Improvements Value: $13,876,160

    Sales

  • Current Sale Contract Date: Nov 19, 1938
  • Current Sale Recording Date: Nov 19, 1938
  • Current Sale Transaction ID: 1730146504
  • Current Sale Document Type: Quit Claim Deed

About Center City



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Frequently Asked Questions

What neighborhood is 140 South Broad Street located in?
The 140 South Broad Street is a located in the neighborhood of Avenue of the Arts South in Center City, Philadelphia.
What is the average sales price for listings in 140 South Broad Street?
The average sales price for units in 140 South Broad Street is $0 currently.

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