NOT LISTED FOR SALE

1112 Spruce St Unit 2 Philadelphia, PA 19107

Washington Square West Neighborhood

Estimated Value: $617,000 - $815,000

2 Beds
2 Baths
2,021 Sq Ft
$429/mo HOA Fee

Last Sold March 25, 2015

Last sale price $495,000 $245 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $5,056/month

43 Days on Market

Highlights

  • Straight Thru Architecture
  • 3-minute walk to 12Th-13Th & Locust St
  • Living Room
  • Wood Flooring
  • Eat-In Kitchen
  • 2-minute walk to Kahn Park

About This Home

As of March 2015

Spacious 2 bed/2 bath unit in beautiful, well-manged boutique Spruce Street condominium. The upper living level possesses an open floor plan, with the living and dining rooms seamlessly flowing into a well-appointed kitchen. The kitchen features a terraced island, with seating, granite counters, higher end appliances and hardwood cabinetry. A ceramic tiled bath, with whirlpool tub, and a nice-sized bedroom with access to the rear yard/patio complete the upper level. The lower level compliments the more formal main level with additional living space in the form of a large, family room/den, a 2nd bedroom and a laundry closet. A large, second full bathroom, fusing traditional and contemporary finishes, is the capstone of the lower living level. Parking is available at the garage next-door, and the possibility exists of negotiating the purchase of an on-site space. If that weren't enough, the taxes are scheduled to remain modest due to 7 years remaining on the tax abatement.

Last Agent to Sell the Property

Peter Bishop

Independent Custom Realty LLP Listed on: 01/15/2015

Last Buyer's Agent

Salvatore Gardner

Keller Williams Main Line License #RS296015

Keller Williams Main Line

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,199

Year Built

  • Built in 1915

HOA Fees

  • $429 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Straight Thru Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,021 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Dining Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen
  • Laundry on lower level

Bedrooms and Bathrooms

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

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • Washington Sq West Subdivision

Listing and Financial Details

  • Tax Lot 349
  • Assessor Parcel Number 888059698

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,199

Year Built

Built in 1915

Lot Details

0

HOA Fees

$429 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Straight Thru
  • Ownership: Condominium
  • New Construction: No
  • Year Built: 1915
  • Remarks Public: Spacious 2 bed/2 bath unit in beautiful, well-manged boutique Spruce Street condominium. The upper living level possesses an open floor plan, with the living and dining rooms seamlessly flowing into a well-appointed kitchen. The kitchen features a terraced island, with seating, granite counters, higher end appliances and hardwood cabinetry. A ceramic tiled bath, with whirlpool tub, and a nice-sized bedroom with access to the rear yard/patio complete the upper level. The lower level compliments the more formal main level with additional living space in the form of a large, family room/den, a 2nd bedroom and a laundry closet. A large, second full bathroom, fusing traditional and contemporary finishes, is the capstone of the lower living level. Parking is available at the garage next-door, and the possibility exists of negotiating the purchase of an on-site space. If that weren't enough, the taxes are scheduled to remain modest due to 7 years remaining on the tax abatement.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring Type: Wood
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Lower Floor
  • Total Sq Ft: 2021
  • Living Area Sq Ft: 2021
  • Net Sq Ft: 2021.00
  • Price Per Sq Ft: 259.77
  • Above Grade Finished Sq Ft: 2021
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1112

Beds/Baths

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

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
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 429.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: No

Schools

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

Lot Info

  • Improvement Assessed Value: 41252.00
  • Land Assessed Value: 48220.00
  • Land Use Code: 570
  • Lot Size Units: Square Feet
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4913546
  • Tax Annual Amount: 1199.00
  • Assessor Parcel Number: 888059698
  • Tax Lot: 349
  • Tax Year: 2015
  • Close Date: 03/25/2015

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2015
Closed on
Mar 25, 2015
Sold by
Novick Adam and Novick Leighton Shelley
Bought by
Kennedy Leigh A and Nagel Simon
Seller's Agent
Peter Bishop
Independent Custom Realty LLP
Buyer's Agent
Salvatore Gardner
Keller Williams Main Line
List Price
$525,000
Sold Price
$495,000
Premium/Discount to List
-$30,000
-5.71%
Current Estimated Value
$734,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,996
Avg. Annual Appreciation
3.83%
Original Mortgage
$396,000
Outstanding Balance
$309,537
Interest Rate
3.77%
Mortgage Type
New Conventional
Estimated Equity
$423,542

Purchase Details

Closed on
Jun 24, 2011
Sold by
Cracovia Llc
Bought by
Novick Adam and Novick Leighton Shelley
Source: Public Records

Range of Values:

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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
Kennedy Leigh A $495,000 Attorney
Novick Adam $325,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kennedy Leigh A $396,000
Previous Owner Novick Adam $100,000
Previous Owner Cracovia Llc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2015 03/25/15 Sold $495,000 -5.7% $245 / Sq Ft
02/27/2015 02/27/15 Pending -- -- --
01/15/2015 01/15/15 For Sale $525,000 -- $260 / 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 $7,559 $556,200 $83,400 $472,800
2024 $7,559 $556,200 $83,400 $472,800
2023 $10,499 $540,000 $81,000 $459,000
2022 $6,645 $705,000 $112,400 $592,600
2021 $1,647 $0 $0 $0
2020 $1,647 $0 $0 $0
2019 $1,569 $0 $0 $0
2018 $1,569 $0 $0 $0
2017 $1,569 $0 $0 $0
2016 $1,252 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $482,200 $48,220 $433,980
2012 -- $51,744 $10,336 $41,408
Source: Public Records

Agents Affiliated with this Home

  • Peter Bishop

    Seller's Agent in 2015

    Peter Bishop

    Independent Custom Realty LLP

    (215) 771-4375

    1 in this area

    25 Total Sales

    Peter Bishop
    Section Image
  • Salvatore Gardner

    Buyer's Agent in 2015

    Salvatore Gardner

    Keller Williams Main Line

    (215) 880-7893

    1 in this area

    30 Total Sales

    Salvatore Gardner
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002520556

Bright MLS

APN: 888059698

Pennsylvania Philadelphia County Philadelphia 19107 Washington Square West

1112 Spruce St Unit 2, Philadelphia, PA

This home is located at 1112 Spruce St Unit 2, Philadelphia, PA 19107 since 15 January 2015 and is currently estimated at $734,996, approximately $363 per square foot. This property was built in 1915. 1112 Spruce St Unit 2 is a home located in Philadelphia County with nearby schools including General George A McCall Public School, Benjamin Franklin High School, and Independence Charter School.

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