Check Availability

1650 Market Street

1650 Market Street, Philadelphia, PA 19103
Property in Center City West
1650 Market Street in Philadelphia, PA was first built in 1986 and is 38 years old. This has been categorized as a office property type. For those interested in architecture, the building on the property was built in a high-rise style. There are a total of 61 floors. 1650 Market Street has 1,464,000 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,970 ft and the linear feet between the front and back of the lot is 1,680. In total, the area measurement of the land is 32,876 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1650 Market Street was last sold in Mar 16, 2020 for $165,000. According to our calculations, that's $0.11 per sqft. Prior to that sales transaction, the property was sold for $410,000 in Feb 13, 2020. Current property owners are expected to pay $4,693,459 in taxes per year. The property on 1650 Market Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $335,295,000. To break that down further, the land itself was valued at $67,307,560. While improvements to the property were assessed at a total of $267,987,440. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: High-rise
  • Exterior Walls Type: Brick
  • Floor Count: 61
  • Business/Commerical Units Count: 89
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 32,876
  • Lot Size Depth Feet: 1,680
  • Lot Size Frontage Feet: 1,970
  • Total Building Area: 1,464,000
  • Gross Building Area: 1,464,000
  • Building Area: 1,464,000
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,464,000
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Office
  • Subdivision: 01 LIBERTY PLACE
  • Land Acres: 0.755
  • Standard Land Use Code: Commercial office (general)
  • Legal Description 1: SEC 17TH + MARKET ST

Ownership

  • Current Owner : WAHED YASIN
  • Current Owner 2: SALMA UMME
  • Previous Owner : RAPHAEL JEAN M
  • Previous Owner 2: RAPHAEL EMAINE
  • Owner Before Previous Owner: REAL ESTATE ENTERPRISES UNLIMITES INC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 000403

Zoning

  • Zoning: CMX5

Geography

  • Assessors Map Reference: 001S100344
  • Account Number: 031676
  • District: WARD #08
  • Parcel: 88-3031676
  • Block: 1S10
  • Lot: 247
  • Municipality: PHILADELPHIA
  • Latitude: 39.9522
  • Longitude: -75.1674

    Address

  • Full Address: 1650 Market St
  • Address - House Number: 1650
  • Address - Street Name: Market
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C002
  • 4-Digit Zip Code: 7301
  • Zip Code: 19103

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,693,459
  • Tax Rate Code Area: 8

    Market Valuation

  • Market Total Value: $335,295,000
  • Market Land Value: $67,307,560
  • Market Improvement Value: $267,987,440

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $335,295,000
  • Assessed Land Value: $67,307,560
  • Assessed Improvements Value: $267,987,440

    Sales

  • Current Sale Contract Date: Mar 16, 2020
  • Current Sale Recording Date: Mar 20, 2020
  • Current Sale Transaction ID: 11755031183
  • Current Sale Price: $165,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53649439
  • Previous Sale Recording Date: Mar 02, 2020
  • Previous Sale Contract Date: Feb 13, 2020
  • Previous Sale Amount: $410,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: INTERCONTINENTAL CAPITAL GROUP
  • First Mortgage Transaction Date: Mar 20, 2020
  • First Mortgage Loan Amount: $140,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: Mar 02, 2020
  • Previous Mortgage Loan Amount: $389,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2050

About Center City



Similar Buildings

Property at 1650 Market Street,

1737 Chestnut Street

  • 1 Unit for Sale
1737 Chestnut Street, Philadelphia, PA 19103 Condo in Center City West
Property at 1650 Market Street,

1811 Chestnut Street

  • 2 Units for Sale
1811 Chestnut Street, Philadelphia, PA 19103 Condo in Center City West
Property at 1650 Market Street,

1712 Sansom Street

  • 1 Unit for Sale
1712 Sansom Street, Philadelphia, PA 19103 Commercial in Center City West
Property at 1650 Market Street,

111 South 15th Street

  • 2 Units for Sale
111 South 15th Street, Philadelphia, PA 19102 Condo in Center City West
Property at 1650 Market Street,

1414 South Penn Square

  • 11 Units for Sale
1414 South Penn Square, Philadelphia, PA 19102 Condo in Center City West
Property at 1650 Market Street,

1600 Arch Street

  • 1 Unit for Sale
1600 Arch Street, Philadelphia, PA 19103 Condo in Center City West
Property at 1650 Market Street,

130 South 18th Street

  • 5 Units for Sale
130 South 18th Street, Philadelphia, PA 19103 Condo in Center City West
Property at 1650 Market Street,

219 South 18th Street

  • 2 Units for Sale
219 South 18th Street, Philadelphia, PA 19103 Condo in Center City West
Property at 1650 Market Street,

1601 Locust Street

  • 1 Unit for Sale
1601 Locust Street, Philadelphia, PA 19103 Condo in Center City West

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1650 Market Street located in?
The 1650 Market Street is a located in the neighborhood of Center City West in Center City, Philadelphia.
What is the average sales price for listings in 1650 Market Street?
The average sales price for units in 1650 Market Street is $0 currently.

Quantcast