NOT LISTED FOR SALE

Arch Street Lofts 1027 Arch St Unit 803 Philadelphia, PA 19107

Chinatown Neighborhood

Estimated Value: $393,000 - $434,000

2 Beds
2 Baths
1,300 Sq Ft
$383/mo HOA Fee

Last Sold May 30, 2018

Last sale price $365,000 $281 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,083/month

36 Days on Market

Highlights

  • Wood Flooring
  • 3-minute walk to 11Th Street
  • Kitchen Island
  • Living Room
  • En-Suite Primary Bedroom
  • Ceiling height of 9 feet or more

About This Home

As of May 2018

Top floor, 2 bed 2 bath unit in the heart of center city, this NYC style bi-level home boasts extra high ceilings and breathtaking views. This freshly painted space is customized to perfection from the bamboo hardwood floors, to the sliding shoji doors, to the one-of-a-kind organizational closets (the only ones in the building!). The expanded kitchen has been fully upgraded, including stainless steel appliances and granite countertops. Find a private bed and bathroom on the first floor, as well as a laundry room with washer and dryer. A walk upstairs reveals a custom extended lofted bedroom and updated master bath. Indoor parking is available directly across the street with a resident discount. This building is truly in the heart of it all, directly across the street from Reading Terminal Market! Just a short walk to Patco, Greyhound, and Jefferson Train stations, as well as the finest restaurants and bars the city has to offer. Top floor units in this building are rarely for sale, don't pass up this spectacular chance at luxury in center city!

Last Agent to Sell the Property

Charles Davies

EXP Realty, LLC Listed on: 04/05/2018

EXP Realty, LLC

Last Buyer's Agent

Eli Qarkaxhia

Compass RE

Compass RE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,737

Year Built

  • Built in 2004

Lot Details

  • Property is in good condition

HOA Fees

  • $383 Monthly HOA Fees

Home Design

  • Bi-Level Home
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 1,300 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Family Room
  • Living Room
  • Laundry on main level

Kitchen

  • Built-In Range
  • Dishwasher
  • Kitchen Island
  • Trash Compactor

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

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

Parking

  • On-Street Parking
  • Rented or Permit Required

Utilities

  • Central Air
  • Heating Available
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Tax Lot 524
  • Assessor Parcel Number 888030594

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,737

Year Built

Built in 2004

Lot Details

0

HOA Fees

$383 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Loft, Loft With Bedrooms, Bi-Level
  • Ownership: Condominium
  • New Construction: No
  • Year Built: 2004
  • Remarks Public: Top floor, 2 bed 2 bath unit in the heart of center city, this NYC style bi-level home boasts extra high ceilings and breathtaking views. This freshly painted space is customized to perfection from the bamboo hardwood floors, to the sliding shoji doors, to the one-of-a-kind organizational closets (the only ones in the building!). The expanded kitchen has been fully upgraded, including stainless steel appliances and granite countertops. Find a private bed and bathroom on the first floor, as well as a laundry room with washer and dryer. A walk upstairs reveals a custom extended lofted bedroom and updated master bath. Indoor parking is available directly across the street with a resident discount. This building is truly in the heart of it all, directly across the street from Reading Terminal Market! Just a short walk to Patco, Greyhound, and Jefferson Train stations, as well as the finest restaurants and bars the city has to offer. Top floor units in this building are rarely for sale, don't pass up this spectacular chance at luxury in center city!
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Range, Dishwasher, Trash Compactor
  • Flooring Type: Wood, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Island
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Foyer
  • Floors In Unit Count: 8
  • Room List: Living Room, Primary Bedroom, Kitchen, Family Room, 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: 299.92
  • Above Grade Finished Sq Ft: 1300
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1027-31

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick, Stone
  • Exterior Features: Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street, Rented/Permit Required
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 383.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Snow Removal, Trash, Insurance
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Improvement Assessed Value: 293082.00
  • Land Assessed Value: 45318.00
  • Land Use Code: 590
  • Lot Size Units: Square Feet
  • Property Condition: Good
  • Zoning: CMX4

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4570517
  • Tax Annual Amount: 4737.00
  • Assessor Parcel Number: 888030594
  • Tax Lot: 524
  • Tax Year: 2018
  • Close Date: 05/30/2018

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2011
Sold by
Cramer Mark
Bought by
Siddarth Kapoor Kanika and Siddarth Seth
Current Estimated Value
$408,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,400
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2005
Sold by
1027 Arch Street Development Llc
Bought by
Cramer Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,624
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
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
Siddarth Kapoor Kanika $358,000 None Available
Cramer Mark $358,281 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Siddarth Kapoor Kanika $286,400
Previous Owner Cramer Mark $286,624
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2018 05/30/18 Sold $365,000 -6.4% $281 / Sq Ft
05/11/2018 05/11/18 Pending -- -- --
04/11/2018 04/11/18 For Sale $389,900 0.0% $300 / Sq Ft
04/11/2018 04/11/18 Pending -- -- --
04/05/2018 04/05/18 For Sale $389,900 -- $300 / Sq Ft
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 $5,319 $410,400 $57,400 $353,000
2024 $5,319 $410,400 $57,400 $353,000
2023 $5,319 $380,000 $53,200 $326,800
2022 $4,201 $335,000 $53,200 $281,800
2021 $4,831 $0 $0 $0
2020 $4,831 $0 $0 $0
2019 $4,737 $0 $0 $0
2018 $4,317 $0 $0 $0
2017 $4,737 $0 $0 $0
2016 $3,933 $0 $0 $0
2015 $3,765 $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

  • Charles Davies

    Seller's Agent in 2018

    Charles Davies

    EXP Realty, LLC

    (919) 632-3505

    74 Total Sales

    Section Image
  • Eli Qarkaxhia

    Buyer's Agent in 2018

    Eli Qarkaxhia

    Compass RE

    (215) 731-4116

    794 Total Sales

    Section Image
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About Arch Street Lofts

Map

Source: Bright MLS

MLS Number: 1000347156

Bright MLS

APN: 888030594

Pennsylvania Philadelphia County Philadelphia 19107 Chinatown

1027 Arch St Unit 803, Philadelphia, PA

This home is located at 1027 Arch St Unit 803, Philadelphia, PA 19107 since 05 April 2018 and is currently estimated at $413,435, approximately $318 per square foot. This property was built in 2004. 1027 Arch St Unit 803 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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