NOT LISTED FOR SALE

Estimated Value: $510,000 - $654,000

2 Beds
2 Baths
1,336 Sq Ft
$525/mo HOA Fee

Last Sold August 03, 2015

Last sale price $371,000 $278 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,158/month

62 Days on Market

Highlights

  • Contemporary Architecture
  • 3-minute walk to 2Nd Street
  • Living Room
  • Wood Flooring
  • Balcony
  • 3-minute walk to Welcome Park

About This Home

As of August 2015

Wow! Sincerely impeccable 2 bedroom, 2 bath, 2nd floor condo unit with parking (space #7) and balcony! Hardwood flooring, exposed duct-work, stainless steel appliances, granite countertops, plus 1-car parking in a covered, heated, garage included! This is an elevator condominium building located in one of the most exciting sections of town! This 2nd floor unit offers a foyer area, wide open living/dining/kitchen space with bar counter and French door to a lovely covered balcony overlooking 2nd St - perfect for morning coffee! The Master bedroom has plenty of closets and a spacious full tile bath. An additional bedroom is carpeted with a double closet and another full tile hall bath with tub. Parking space #7. Conveniently located in the heart of Old City, convenient to markets, shops, eateries, the waterfront, Center City, public transportation... pretty much everything! Don't miss!

Last Agent to Sell the Property

Michael McCann

KW Empower License #AB049770L Listed on: 03/12/2015

KW Empower

Last Buyer's Agent

Michael Stone

Market Force Realty License #RS291924

Market Force Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,829

Year Built

  • Built in 2007

HOA Fees

  • $525 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 1,336 Sq Ft Home
  • Living Room
  • Home Security System
  • Laundry on main level

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Walk-in Shower

Parking

  • 1 Open Parking Space
  • 2 Parking Spaces

Outdoor Features

  • Balcony

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, insurance, management, alarm system
  • Old City Subdivision

Listing and Financial Details

  • Tax Lot 374
  • Assessor Parcel Number 888058248

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,829

Year Built

Built in 2007

Lot Details

0

HOA Fees

$525 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Primary Bath(s), Elevator, Stall Shower
  • Fireplace: No
  • Entry Location: Foyer
  • Floors In Unit Count: 2
  • Room List: Living Room, Primary Bedroom, Kitchen, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1336
  • Living Area Sq Ft: 1336
  • Net Sq Ft: 1336.00
  • Price Per Sq Ft: 299.40
  • Above Grade Finished Sq Ft: 1336
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 112

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick, Stone
  • 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
  • Total Garage And Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 525.00
  • 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, Insurance, Management, Alarm System
  • HOA: No

Schools

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

Lot Info

  • Land Use Code: 590
  • Lot Dimensions: COMMON
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony
  • Zoning: C3

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5829.00
  • Assessor Parcel Number: 888058248
  • Tax Lot: 374
  • Tax Year: 2015
  • Close Date: 08/03/2015

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2015
Closed on
Aug 3, 2015
Sold by
Lee Mark and Lee Nayahmka
Bought by
Pollapally Sudharshan
Seller's Agent
Michael McCann
KW Empower
Buyer's Agent
Michael Stone
Market Force Realty
List Price
$410,000
Sold Price
$371,000
Premium/Discount to List
-$39,000
-9.51%
Current Estimated Value
$567,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,142
Avg. Annual Appreciation
4.30%
Original Mortgage
$296,800
Outstanding Balance
$130,297
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$435,013

Purchase Details

Closed on
Jun 9, 2006
Sold by
K Hovnanian At Philadelphia I Llc
Bought by
Mcgriff Lee Mark and Mcgriff Lee Nayahmka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,000
Interest Rate
6.59%
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
Pollapally Sudharshan $371,000 None Available
Mcgriff Lee Mark $31,000 Eastern Title Agency Inc
Mcgriff Lee Mark $460,000 Eastern Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pollapally Sudharshan $296,800
Previous Owner Mcgriff Lee Mark $437,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2015 08/03/15 Sold $371,000 -7.3% $278 / Sq Ft
05/13/2015 05/13/15 Pending -- -- --
04/14/2015 04/14/15 Price Changed $400,000 -2.4% $299 / Sq Ft
03/12/2015 03/12/15 For Sale $410,000 0.0% $307 / Sq Ft
12/15/2013 12/15/13 Rented $2,350 -6.0% --
12/10/2013 12/10/13 Under Contract -- -- --
09/23/2013 09/23/13 For Rent $2,500 -- --
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 $6,008 $442,000 $70,700 $371,300
2024 $6,008 $442,000 $70,700 $371,300
2023 $6,008 $429,200 $68,700 $360,500
2022 $5,136 $384,200 $68,700 $315,500
2021 $5,766 $0 $0 $0
2020 $5,766 $0 $0 $0
2019 $5,766 $0 $0 $0
2018 $5,766 $0 $0 $0
2017 $5,766 $0 $0 $0
2016 $6,089 $0 $0 $0
2015 $5,829 $0 $0 $0
2014 -- $435,000 $44,200 $390,800
2012 -- $5,600 $4,838 $762
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002550392

Bright MLS

APN: 888058248