NOT LISTED FOR SALE

Estimated Value: $375,000 - $696,000

1 Bed
1.5 Baths
958 Sq Ft
$709/mo HOA Fee

Last Sold July 19, 2016

Last sale price $365,000 $381 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,607/month

Highlights

  • Contemporary Architecture
  • 4-minute walk to 2Nd Street
  • Breakfast Area or Nook
  • Wood Flooring
  • 1 Fireplace
  • 5-minute walk to Girard Fountain Park

About This Home

As of July 2016

This stunning 1 bedroom, 1.5 bath condo is located in one of Old City's finest boutique buildings. 108 Arch features the highest quality design and finishes with a doorman and high-speed elevators. Enter the unit through a foyer with a large coat closet, powder room, and Bosch washer/dryer. The kitchen is a cook's dream with high-end appliances (including a 6-burner gas Viking range, Viking fridge, and 2 pull-out Fisher & Paykel dishwashers), granite countertops, plenty of storage space, and a breakfast bar. Curl up in front of the gas fireplace in the spacious living room and enjoy the stylish white wood plank accent wall, floor-to-ceiling windows, and open floor plan. The high ceilings and bamboo floors throughout the unit create a bright and airy feel. The large bedroom has a custom walk-in closet and a limestone-tiled bath with tub/shower combo. All of this plus the seller is offering pre-paid parking at a nearby lot for one year. This beautiful condo is truly the best of both worlds - modern luxury situated in Philadelphia's most historic neighborhood. The location is unbeatable - tucked away on a quiet block yet, close to the heart of everything Old City has to offer - near restaurants, nightlife, public transportation, and highways. Seller is offering to pay 3 months of condo fees for buyer!

Last Agent to Sell the Property

Ursula Rouse

(610) 389-3445 ursula.rouse@compass.com Compass RE License #RS323262 Listed on: 10/07/2015

Compass RE

Last Buyer's Agent

Gary Pett

(847) 528-0510 gary.pett@compass.com Compass RE

Compass RE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,666

Year Built

  • Built in 2004

Lot Details

  • Property is in good condition

HOA Fees

  • $709 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 958 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Wood Flooring
  • Breakfast Area or Nook
  • Laundry on main level

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom

Parking

  • 1 Open Parking Space
  • Prepaid Parking

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 707
  • Assessor Parcel Number 888036202

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, snow removal, trash, water, cook fee, insurance, management, alarm system
  • 30 Units
  • Old City Subdivision

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,666

Year Built

Built in 2004

Lot Details

0

HOA Fees

$709 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Inclusions: Washer, Dryer, Refrigerator
  • New Construction: No
  • Year Built: 2004
  • Remarks Public: This stunning 1 bedroom, 1.5 bath condo is located in one of Old City's finest boutique buildings. 108 Arch features the highest quality design and finishes with a doorman and high-speed elevators. Enter the unit through a foyer with a large coat closet, powder room, and Bosch washer/dryer. The kitchen is a cook's dream with high-end appliances (including a 6-burner gas Viking range, Viking fridge, and 2 pull-out Fisher & Paykel dishwashers), granite countertops, plenty of storage space, and a breakfast bar. Curl up in front of the gas fireplace in the spacious living room and enjoy the stylish white wood plank accent wall, floor-to-ceiling windows, and open floor plan. The high ceilings and bamboo floors throughout the unit create a bright and airy feel. The large bedroom has a custom walk-in closet and a limestone-tiled bath with tub/shower combo. All of this plus the seller is offering pre-paid parking at a nearby lot for one year. This beautiful condo is truly the best of both worlds - modern luxury situated in Philadelphia's most historic neighborhood. The location is unbeatable - tucked away on a quiet block yet, close to the heart of everything Old City has to offer - near restaurants, nightlife, public transportation, and highways. Seller is offering to pay 3 months of condo fees for buyer!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring Type: Wood
  • Interior Amenities: Breakfast Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Floors In Unit Count: 2
  • Room List: Living Room, Primary Bedroom, Kitchen
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 958
  • Living Area Sq Ft: 958
  • Net Sq Ft: 958.00
  • Price Per Sq Ft: 391.44
  • Above Grade Finished Sq Ft: 958
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 108

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 1
  • Parking Features: Prepaid

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • 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: 709.00
  • 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, Cook Fee, Insurance, Management, Alarm System
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Improvement Assessed Value: 299970.00
  • Land Assessed Value: 33330.00
  • Land Use Code: 590
  • Lot Size Units: Square Feet
  • Property Condition: Good
  • Zoning: CMX3

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4570924
  • Tax Annual Amount: 4666.00
  • Assessor Parcel Number: 888036202
  • Tax Lot: 707
  • Tax Year: 2016
  • Close Date: 07/19/2016

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2015
Closed on
Jul 18, 2016
Sold by
Keim Donald B and Keim Sarah E
Bought by
Adamson Jackes Caroline
Seller's Agent
Ursula Rouse
Compass RE
Buyer's Agent
Gary Pett
Compass RE
List Price
$400,000
Sold Price
$365,000
Premium/Discount to List
-$35,000
-8.75%
Current Estimated Value
$471,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,712
Avg. Annual Appreciation
2.81%

Purchase Details

Closed on
Apr 8, 2011
Sold by
Hamilton Catherine E
Bought by
Keim Donald B and Keim Sarah E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2004
Sold by
Brown Hill I Lp
Bought by
Hamilton Catherine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,000
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Adamson Jackes Caroline $365,000 None Available
Keim Donald B $350,000 Commonwealth Land Title Insu
Hamilton Catherine E $347,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Keim Donald B $210,000
Previous Owner Hamilton Catherine E $277,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2016 07/19/16 Sold $365,000 -2.7% $381 / Sq Ft
06/15/2016 06/15/16 Pending -- -- --
03/24/2016 03/24/16 Price Changed $375,000 -3.8% $391 / Sq Ft
02/21/2016 02/21/16 Price Changed $390,000 -2.5% $407 / Sq Ft
10/07/2015 10/07/15 For Sale $400,000 -- $418 / 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 $5,092 $374,700 $41,200 $333,500
2024 $5,092 $374,700 $41,200 $333,500
2023 $5,092 $363,800 $40,000 $323,800
2022 $4,463 $318,800 $40,000 $278,800
2021 $4,878 $0 $0 $0
2020 $4,878 $0 $0 $0
2019 $4,691 $0 $0 $0
2018 $4,691 $0 $0 $0
2017 $4,691 $0 $0 $0
2016 $4,666 $0 $0 $0
2015 $4,466 $0 $0 $0
2014 -- $333,300 $33,330 $299,970
2012 -- $98,016 $5,600 $92,416
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002714110

Bright MLS

APN: 888036202