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300 Market Street

300 Market Street, Philadelphia, PA 19106
Property in Center City East
1 Units For Sale
Unit for sale at 300 MARKET ST, PHILADELPHIA, PA 19106

$4,150,000

  • Commercial
300 MARKET ST, PHILADELPHIA, PA 19106 Listing by Melissa Valenti

Local assessors in Philadelphia, PA have categorized 300 Market Street as a commercial type of property. The home was built in 2017 and is 7 years old. The property's lot size has been calculated to be 1,760 square feet. The linear feet between the front and back of the lot was measured at 800 ft and the front of the lot was measured at 220 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 300 Market Street has a total of 6,600 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 excellent. 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. 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, 300 Market Street was last sold in Aug 15, 2018 for $4,400,000. According to our calculations, that's $666.67 per sqft. Prior to that sales transaction, the property was sold for $950,000 in Nov 16, 2015. Current property owners are expected to pay $4,733 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 300 Market Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $3,380,900. To break that down further, the land itself was valued at $338,090. While improvements to the property were assessed at a total of $3,042,810. 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. 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!

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: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Excellent
  • Construction Type: Masonry
  • Exterior Walls Type: Brick
  • Floor Count: 4
  • Living Units: 8
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,760
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 220
  • Total Building Area: 6,600
  • Gross Building Area: 6,600
  • Building Area: 6,600
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 6,600
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 0.04
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: SWC 3RD ST

Ownership

  • Current Owner : 300 MARKET STREET LLC
  • Previous Owner : MSP PHILLY I LP
  • Owner Before Previous Owner: 300 MARKET STREET ASSOCIATES LLC
  • 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: 000101

Zoning

  • Zoning: CMX3

Geography

  • Assessors Map Reference: 001S030159
  • Account Number: 007028
  • District: WARD #05
  • Parcel: 88-1007028
  • Municipality: PHILADELPHIA
  • Latitude: 39.9499
  • Longitude: -75.1459

    Address

  • Full Address: 300 Market St
  • Address - House Number: 300
  • Address - Street Name: Market
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C027
  • 4-Digit Zip Code: 2720
  • Zip Code: 19106

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,733
  • Intital Tax Deliquent Year: 2021

    Market Valuation

  • Market Total Value: $3,380,900
  • Market Land Value: $338,090
  • Market Improvement Value: $3,042,810

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,380,900
  • Assessed Land Value: $338,090
  • Assessed Improvements Value: $3,042,810

    Sales

  • Current Sale Contract Date: Aug 15, 2018
  • Current Sale Recording Date: Sep 06, 2018
  • Current Sale Transaction ID: 11504238913
  • Current Sale Price: $4,400,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53413629
  • Previous Sale Recording Date: Nov 19, 2015
  • Previous Sale Contract Date: Nov 16, 2015
  • Previous Sale Amount: $950,000
  • Previous Sale Document Type: Deed

About Center City



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Frequently Asked Questions

What neighborhood is 300 Market Street located in?
The 300 Market Street is a located in the neighborhood of Center City East in Center City, Philadelphia.
How many listings are currently for sale in 300 Market Street?
There is one unit for sale right now.
What is the average sales price for listings in 300 Market Street?
The average sales price for units in 300 Market Street is $4,150,000 currently.

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