701-39 Market St, Philadelphia, PA 19106-1500
$141,657,400 · Independence Center / Realty L P

Address: 701-39 Market St, Philadelphia, PA 19106-1500
Owner: Independence Center / Realty L P

701-39 Market St, Philadelphia, PA 19106-1500 (Parcel# 883249500) is a property assessed by City of Philadelphia, Office of Property Assessment (OPA). The owner is Independence Center / Realty L P. The assessed value is $141,657,400.

Property Overview

Parcel Number 883249500 (OPA Account Number)
Street Address 701-39 Market St
Philadelphia, PA 19106-1500
Owner INDEPENDENCE CENTER
REALTY L P
Mailing Address C/O C/O MARK MERLINI
701 MARKET STREET
PHILADELPHIA PA 19106
Building Category 4 - Commercial
Building Description DB0 - OFF BLD COM NO GAR MASON
Beginning Point NWC 7TH TO NEC 8TH ST
Zoning CMX5
Market Value $141,657,400
Taxable Land Value $31,076,600
Taxable Building Value $110,580,800
Exempt Land Value $0
Exempt Building Value $0
Total Land Area 139,392 SQFT
Livable / Improvement Area 845,230 SQFT
Census Tract 510
Geographic Ward 05
Recording Date 1995-09-26
Sale Date 1995-07-20
Sale Price $1
State Code 4304
Site Type B
Frontage 396
Depth 352
Land Shape E - Rectangular, including square
Land Topography F - Street Level: at street or sidewalk level with a slight contour to permit drainage away from the property
View I - Typical / Other
Number Stories 5
General Construction G
Exterior Condition 4 - Average: This is the typical and most common physical condition observed at the exterior of most properties on the subject block. No significant concrete work, pointing, painting, carpentry or work to trim exterior walls, doors, windows or bay is required. No obvious defects. Majority of properties in the block or Geographical Market Area (GMA) are in this condition.
Interior Condition 4 - Average: be typical
Year Built 1893
Documents Received Book & Page 0975333
Plot Map Registry ID Number 1N050241
Last OPA Account Number Before Transfer 054065850

Property Assessment History

Year Market Value Increase % Taxable Land Taxable Improvement Exempt Land Exempt Improvement
2012 $56,500,000 0.00% $4,500,000 $13,580,000 $0 $0
2013 $56,500,000 0.00% $4,500,000 $13,580,000 $0 $0
2014 $95,000,000 68.14% $27,878,400 $67,121,600 $0 $0
2015 $95,000,000 0.00% $27,878,400 $67,121,600 $0 $0
2016 $95,000,000 0.00% $27,878,400 $67,121,600 $0 $0
2017 $95,000,000 0.00% $27,878,400 $67,121,600 $0 $0
2018 $141,576,200 49.03% $31,060,360 $110,515,840 $0 $0
2019 $141,657,400 0.06% $31,076,600 $110,580,800 $0 $0

Businesses at this property

License Number Legal Name License Type Issue Date Inactive Date
794131 FIVE BELOW INC Food Establishment, Retail Permanent Location 2018-11-09
782758 LAM KEITH · KEITH LAM Food Preparing and Serving 2018-07-11
772677 LUNA CAFE LLC Food Preparing and Serving 2018-04-13
672403 CHEN MING RONG · MING RONG CHEN · VIOLET PLACE Food Preparing and Serving 2017-07-05 2018-06-29
647502 CHEN MING RONG · MING RONG CHEN · VIOLET PLACE Scales and Scanners 2016-01-11 2016-11-29
635164 NEWARK NEWSSTAND INC · PAGANO'S Food Preparing and Serving (30+ SEATS) 2014-07-16 2015-06-29
631532 INDEPENDENCE CENTER REALTY Dumpster License - Private Property 2014-06-07
597044 INDEPENDENCE CENTER REALTY Dumpster License - Private Property 2013-06-18
588998 CITIZENS BANK OF PENNSYLVANIA Dumpster License - Private Property 2013-10-29
543908 ROSS DRESS FOR LESS INC Food Establishment, Retail Perm Location (Large) 2012-05-08

Owner Overview

Owner INDEPENDENCE CENTER
REALTY L P
Mailing Address C/O C/O MARK MERLINI
701 MARKET STREET
PHILADELPHIA PA 19106

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Value Address Owner
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Zip Code 19106

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Dataset Information

Data Provider City of Philadelphia, Office of Property Assessment (OPA)
Jurisdiction Philadelphia

This dataset includes 580 thousand properties assessed by City of Philadelphia, Office of Property Assessment (OPA). The data contains property, or parcel, ownership together with value information, which ensures fair assessment of Philadelphia taxable and non-taxable property of all types and classifications. Each property is disclosed with parcel id, address, owner, mailing address, assessed value, etc.