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246 Market Street

246 Market Street, Philadelphia, PA 19106
Property in Center City East
2 Units For Sale
Unit for sale at 246 MARKET ST, PHILADELPHIA, PA 19106

$1,250,000

  • Studio
246 MARKET ST, PHILADELPHIA, PA 19106 Listing by Maria Quattrone

Unit for sale at 246 MARKET ST, PHILADELPHIA, PA 19106

$1,250,000 ↓ $250K

  • Commercial
246 MARKET ST, PHILADELPHIA, PA 19106 Listing by Maria Quattrone

Local assessors in Philadelphia, PA have categorized 246 Market Street as a unknown type of property. The home was built in 1900 and is 124 years old. The property's lot size has been calculated to be 2,178 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 220 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. This is a 2 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 246 Market Street has a total of 4,300 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 unknown control joints. Lots of unknown 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, 246 Market Street sold most recently in Sep 8, 2014 for a total of $735,000. If you work out the math, that's approximately a cost of $170.93 per sqft. Before that, the property was also sold for $250,000 in Apr 21, 1997. 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 $11,919 in taxes each year. 246 Market Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $851,500. If we break it down further, the land itself was valued at $170,291. Improvements to the property, however, were assessed at a total of $681,209. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.

Building Features

Exterior

Masonry Exterior
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: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 0
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,178
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 220
  • Total Building Area: 4,300
  • Gross Building Area: 4,300
  • Building Area: 4,300
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,300
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Land Acres: 0.05
  • Legal Description 1: 6211 W BODINE ST

Ownership

  • Current Owner : WANG DI YONG
  • Current Owner 2: ZHENG XIAO TING
  • Previous Owner : MOGELL GARY
  • Owner Before Previous Owner: MAZER ELEANOR
  • Owner Before Previous Owner 2: DONOLOW MAZIE
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 000101

Zoning

  • Zoning: CMX3

Geography

  • Assessors Map Reference: 001S020011
  • Account Number: 501900
  • District: WARD #05
  • Parcel: 88-2501900
  • Block: 1S20
  • Lot: 11
  • Municipality: PHILADELPHIA
  • Latitude: 39.9499
  • Longitude: -75.1455

    Address

  • Full Address: 246 Market St
  • Address - House Number: 246
  • Address - Street Name: Market
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C035
  • 4-Digit Zip Code: 2817
  • Zip Code: 19106

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,919
  • Tax Rate Code Area: 5

    Appraisal Valuation

  • Standard Deviation: 0.2368
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 1,136,562
  • High Value: 1,405,732
  • Low Value: 867,392

    Market Valuation

  • Market Total Value: $851,500
  • Market Land Value: $170,291
  • Market Improvement Value: $681,209

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $851,500
  • Assessed Land Value: $170,291
  • Assessed Improvements Value: $681,209

    Sales

  • Current Sale Contract Date: Sep 08, 2014
  • Current Sale Recording Date: Sep 09, 2014
  • Current Sale Transaction ID: 1096916223
  • Current Sale Price: $735,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 52826232
  • Previous Sale Recording Date: Jul 02, 1997
  • Previous Sale Contract Date: Apr 21, 1997
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: unknown

About Center City



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Frequently Asked Questions

What neighborhood is 246 Market Street located in?
The 246 Market Street is a located in the neighborhood of Center City East in Center City, Philadelphia.
How many listings are currently for sale in 246 Market Street?
There are two listings currently on the market for sale.
What is the average sales price for listings in 246 Market Street?
The average sales price for units in 246 Market Street is $1,250,000 currently.

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