NOT LISTED FOR SALE

Arch Street Lofts 1027 Arch St Unit 201 Philadelphia, PA 19107

Chinatown Neighborhood

Estimated Value: $339,642 - $478,000

2 Beds
2 Baths
1,300 Sq Ft
$350/mo HOA Fee

Last Sold February 28, 2018

Last sale price $349,900 $269 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,941/month

75 Days on Market

Highlights

  • Contemporary Architecture
  • 3-minute walk to 11Th Street
  • Central Air
  • Living Room
  • En-Suite Primary Bedroom
  • Dining Room

About This Home

As of February 2018

Great Corner Bi Level Loft at the Pitcarin Building.2 Bedrooms, 2 Full Bathrooms. New Bamboo Floors on main level. Large windows (with custom blinds) surround the unit exposing light from the South and West. Contemporary condo features industrial steel staircase, open kitchen/living space with high ceilings. Entry hallway has large closet, a guest bedroom with full bath with new grey ceramic tile floors. Laundry room with washer/dryer and storage. Upper level has semi open bedroom with full bath and storage closet. Includes ceiling fan and central air/heating. This is a SMOKE FREE BUILDING. No smoking inside the unit. Convenient to the Terminal Farmers Market, restaurants, shopping and has easy access to SEPTA transportation, major highways with parking lots surrounding the building. Pets allowed.

Last Agent to Sell the Property

Nella Genovese

MGC Real Estate Group License #RS225934L Listed on: 10/15/2017

MGC Real Estate Group

Last Buyer's Agent

Harry Simons

BHHS Fox & Roach-Art Museum

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,519

Year Built

  • Built in 1937 | Remodeled in 2004

Lot Details

  • 1,307

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • Rented or Permit Required

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,300 Sq Ft Home
  • Property has 3 Levels
  • Living Room
  • Dining Room
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Community Details

  • Association fees include common area maintenance, exterior building maintenance, snow removal, trash, water, sewer
  • Center City Subdivision

Listing and Financial Details

  • Assessor Parcel Number 888030482

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,519

Year Built

Built in 1937 | Remodeled in 2004

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Year Built: 1937
  • Year Renovated: 2004
  • Remarks Public: Great Corner Bi Level Loft at the Pitcarin Building.2 Bedrooms, 2 Full Bathrooms. New Bamboo Floors on main level. Large windows (with custom blinds) surround the unit exposing light from the South and West. Contemporary condo features industrial steel staircase, open kitchen/living space with high ceilings. Entry hallway has large closet, a guest bedroom with full bath with new grey ceramic tile floors. Laundry room with washer/dryer and storage. Upper level has semi open bedroom with full bath and storage closet. Includes ceiling fan and central air/heating. This is a SMOKE FREE BUILDING. No smoking inside the unit. Convenient to the Terminal Farmers Market, restaurants, shopping and has easy access to SEPTA transportation, major highways with parking lots surrounding the building. Pets allowed.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace: No
  • Floors In Unit Count: 2
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1300
  • Living Area Sq Ft: 1300
  • Net Sq Ft: 1300.00
  • Price Per Sq Ft: 283.85
  • Above Grade Finished Sq Ft: 1300
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1027

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Access To Pool: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Rented/Permit Required

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 350.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Snow Removal, Trash, Water, Sewer
  • HOA: No
  • Senior Community: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Improvement Assessed Value: 280836.00
  • Land Assessed Value: 41964.00
  • Land Use Code: 590
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1300.00
  • Zoning: CMX4

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4570461
  • Tax Annual Amount: 4519.00
  • Assessor Parcel Number: 888030482
  • Tax Year: 2018
  • Close Date: 02/28/2018

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2017
Closed on
Mar 19, 2018
Sold by
Puches Edmind and Puches Patricia Devlin
Bought by
Fanke Fong Kai Wai and Quinn Marlyn E
Seller's Agent
Nella Genovese
MGC Real Estate Group
Buyer's Agent
Harry Simons
BHHS Fox & Roach-Art Museum
List Price
$373,500
Sold Price
$349,900
Premium/Discount to List
-$23,600
-6.32%
Current Estimated Value
$395,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,761
Avg. Annual Appreciation
0.84%
Original Mortgage
$262,400
Outstanding Balance
$195,430
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$176,882

Purchase Details

Closed on
Oct 29, 2004
Sold by
1027 Arch Street Development Llc
Bought by
Puches Edmund and Puches Patricia Devlin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,800
Interest Rate
1.37%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fanke Fong Kai Wai $349,900 First American Title Ins Co
Puches Edmund $287,285 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fanke Fong Kai Wai $262,400
Previous Owner Puches Edmund $229,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2018 02/28/18 Sold $349,900 0.0% $269 / Sq Ft
12/29/2017 12/29/17 Pending -- -- --
12/27/2017 12/27/17 Off Market $349,900 -- --
11/07/2017 11/07/17 Price Changed $369,000 -1.2% $284 / Sq Ft
10/15/2017 10/15/17 For Sale $373,500 0.0% $287 / Sq Ft
06/15/2015 06/15/15 Rented $2,090 -0.5% --
05/29/2015 05/29/15 Under Contract -- -- --
04/10/2015 04/10/15 For Rent $2,100 +11.1% --
04/15/2014 04/15/14 Rented $1,890 -5.5% --
03/22/2014 03/22/14 Under Contract -- -- --
12/12/2013 12/12/13 For Rent $2,000 +11.1% --
02/27/2013 02/27/13 Rented $1,800 -5.3% --
02/26/2013 02/26/13 Under Contract -- -- --
01/13/2013 01/13/13 For Rent $1,900 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,876 $358,700 $50,100 $308,600
2024 $4,876 $358,700 $50,100 $308,600
2023 $4,876 $348,300 $48,700 $299,600
2022 $4,608 $348,300 $48,700 $299,600
2021 $4,608 $0 $0 $0
2020 $4,608 $0 $0 $0
2019 $4,519 $0 $0 $0
2018 $4,519 $0 $0 $0
2017 $4,519 $0 $0 $0
2016 $4,353 $0 $0 $0
2015 $1,277 $0 $0 $0
2014 -- $311,000 $31,100 $279,900
2012 -- $57,920 $11,584 $46,336
Source: Public Records

Agents Affiliated with this Home

  • Nella Genovese

    Seller's Agent in 2018

    Nella Genovese

    MGC Real Estate Group

    (215) 771-7100

    10 in this area

    46 Total Sales

    Section Image

  • H

    Buyer's Agent in 2018

    Harry Simons

    BHHS Fox & Roach

    Section Image

  • E

    Seller Co-Listing Agent in 2015

    Edward Blackburn

    MGC Real Estate Group

  • A

    Buyer's Agent in 2015

    Armin Schmalz

    Orens Brothers Real Estate Inc

    Section Image
  • Tom Groll

    Buyer's Agent in 2014

    Tom Groll

    KW Empower

    (215) 620-9994

    14 Total Sales

    Section Image
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About Arch Street Lofts

Map

Source: Bright MLS

MLS Number: 1001722809

Bright MLS

APN: 888030482

Pennsylvania Philadelphia County Philadelphia 19107 Chinatown

1027 Arch St Unit 201, Philadelphia, PA

This home is located at 1027 Arch St Unit 201, Philadelphia, PA 19107 since 15 October 2017 and is currently estimated at $395,661, approximately $304 per square foot. This property was built in 1937. 1027 Arch St Unit 201 is a home located in Philadelphia County with nearby schools including General George A McCall Public School, Benjamin Franklin High School, and Folk Arts-Cultural Treasures Charter School.

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