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4500 City Avenue

4500 City Avenue, Philadelphia, PA 19131
Commercial in Wynnefield
4500 City Avenue has been categorized by the local assessors in Philadelphia, PA as a commercial type of property. The building on the property was first built in 1970 and is 54 years old. The building has a total of 3 stories. In addition, 4500 City Avenue has 37,173 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 2,110 ft and across the front of the lot is 3,000 ft. The area measurement of the land has been determined as 92,941 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as unknown. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. The exterior walls of the building are made of brick. The property was last sold in May 1, 2000 for $7,100,000. That's $191.00 per sqft. 4500 City Avenue was last assessed in 2023. The total value of the property was assessed at $5,688,200. Specifically, the land the property is located on was valued at $1,137,636. While improvements on the property were assessed at a total of $4,550,564. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $79,623. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Asphalt Siding

Driveway

Driveway

Parking

Paved Parking
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: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 0
  • Construction Type: Masonry
  • Exterior Walls Type: Brick
  • Floor Count: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 92,941
  • Lot Size Depth Feet: 2,110
  • Lot Size Frontage Feet: 3,000
  • Total Building Area: 37,173
  • Gross Building Area: 37,173
  • Building Area: 37,173
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 37,173
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 2.134
  • Standard Land Use Code: Regional shopping center or mall with anchor store
  • State Land Use Code: Dental bldg
  • Legal Description 1: 29211 3/8 SW BELMONT

Ownership

  • Current Owner : CITY CENTRE PHILADELPHIA PA LTD PRTNRSHP
  • Previous Owner : CITY CENTRE ASSOCIATES LTD PARTNERSHIP
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 012100

Zoning

  • Zoning: CA2

Geography

  • Assessors Map Reference: 070N140331
  • Account Number: 063280
  • District: WARD #52
  • Parcel: 88-2063280
  • Block: 70N14
  • Lot: 331
  • Municipality: PHILADELPHIA
  • Latitude: 40.0028
  • Longitude: -75.2222

    Address

  • Full Address: 4500 City Ave
  • Address - House Number: 4500
  • Address - Street Name: City
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C076
  • 4-Digit Zip Code: 1509
  • Zip Code: 19131

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $79,623
  • Tax Rate Code Area: 52

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $7,200,000
  • First Open Lien Mortgage Lender: MORGAN STANLEY BANK NA
  • First Open Lien Mortgage Recording Date: Mar 31, 2022
  • First Open Lien Mortgage Loan Amount: $7,200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $5,688,200
  • Market Land Value: $1,137,636
  • Market Improvement Value: $4,550,564

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,688,200
  • Assessed Land Value: $1,137,636
  • Assessed Improvements Value: $4,550,564

    Sales

  • Current Sale Contract Date: May 01, 2000
  • Current Sale Recording Date: May 15, 2000
  • Current Sale Transaction ID: 1096891883
  • Current Sale Price: $7,100,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 50080750

    Last Sale Mortgage

  • First Mortgage Lender: LEHMAN BROTHERS BANK FSB
  • First Mortgage Transaction Date: May 15, 2000
  • First Mortgage Loan Amount: $5,900,000
  • First Mortgage Loan Type: Commercial

About West Philadelphia



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Frequently Asked Questions

What neighborhood is 4500 City Avenue located in?
The 4500 City Avenue is a commercial located in the neighborhood of Wynnefield in West Philadelphia, Philadelphia.
What is the average sales price for listings in 4500 City Avenue?
The average sales price for units in 4500 City Avenue is $0 currently.

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