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500 North 21st Street

500 North 21st Street, Philadelphia, PA 19130
Sold Oct 30, 1993
$2,750,000
$101,850,000 by M&t Realty Capital Corporation
Mortgage Due Sep 01, 2055
Nearby Listings
The property has no active listings. Please see other similar options below.
Unit for sale at 2001 HAMILTON STREET, PHILADELPHIA, PA 19130

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2001 HAMILTON STREET #527, PHILADELPHIA, PA 19130 Listing by Matthew Milano

Unit for sale at 2023 SPRING GARDEN STREET, PHILADELPHIA, PA 19130

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Unit for sale at 3 HAMILTON CIRCLE, PHILADELPHIA, PA 19130

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  • 3 Beds
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  • 1,694 ft²
3 HAMILTON CIRCLE, PHILADELPHIA, PA 19130 Listing by Ryan Kanofsky

500 North 21st Street has been categorized by the local assessors in Philadelphia, PA as a residential type of property. The building on the property was first built in 2016 and is 8 years old. The building has a total of 10 stories. In addition, 500 North 21st Street has 381,837 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 10 ft and across the front of the lot is 10 ft. The area measurement of the land has been determined as 1 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 alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. 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, 500 North 21st Street sold most recently in Oct 21, 1993 for a total of $2,750,000. If you work out the math, that's approximately a cost of $7.20 per sqft. 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 $156,784 in taxes each year. The initial year of tax delinquency occurred in 2021. 500 North 21st Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $112,004,300. If we break it down further, the land itself was valued at $11,200,430. Improvements to the property, however, were assessed at a total of $100,803,870. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 0
  • Construction Type: Masonry
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 10
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1
  • Lot Size Depth Feet: 10
  • Lot Size Frontage Feet: 10
  • Total Building Area: 381,837
  • Gross Building Area: 381,837
  • Building Area: 381,837
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 381,837
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : V & H HOTEL ASSOC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 013401

Zoning

  • Zoning: CMX4

Geography

  • Assessors Map Reference: 4N23-128
  • Account Number: 553260
  • District: WARD #15
  • Parcel: 88-1553260
  • Latitude: 39.9641
  • Longitude: -75.173

    Address

  • Full Address: 500 N 21st St
  • Address - House Number: 500
  • Street Direction: N
  • Address - Street Name: 21st
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C022
  • 4-Digit Zip Code: 4267
  • Zip Code: 19130

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $156,784
  • Intital Tax Deliquent Year: 2021

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $101,850,000
  • First Open Lien Mortgage Lender: M&T REALTY CAPITAL CORPORATION
  • First Open Lien Mortgage Recording Date: Aug 06, 2020
  • First Open Lien Mortgage Loan Amount: $101,850,000
  • First Open Lien Mortgage Term: 420
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2055

    Market Valuation

  • Market Total Value: $112,004,300
  • Market Land Value: $11,200,430
  • Market Improvement Value: $100,803,870

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $112,004,300
  • Assessed Land Value: $11,200,430
  • Assessed Improvements Value: $100,803,870

    Sales

  • Current Sale Contract Date: Oct 21, 1993
  • Current Sale Recording Date: Oct 30, 1993
  • Current Sale Transaction ID: 1731029325
  • Current Sale Price: $2,750,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1278186

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Frequently Asked Questions

What neighborhood is 500 North 21st Street located in?
The 500 North 21st Street is a located in the neighborhood of Fairmount - Art Museum in North Philadelphia, Philadelphia.
What is the average sales price for listings in 500 North 21st Street?
The average sales price for units in 500 North 21st Street is $0 currently.

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