NOT LISTED FOR SALE

Estimated Value: $90,000 - $142,000

-- Bed
1 Bath
317 Sq Ft
$463/mo HOA Fee

Last Sold September 07, 2022

Last sale price $96,515 $304 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,159/month

Highlights

  • Concierge
  • 3-minute walk to 12Th-13Th & Locust St
  • Community Center
  • Fitness Center
  • Contemporary Architecture
  • Efficiency Studio

About This Home

As of September 2022

This renovated studio on an upper floor features laminate wood flooring, renovated Kitchenette with both a Full stainless steel Fridge and mini Fridge, 2-top burner w/ range hood and ample cabinets, closet, ceiling fan, East city views, Tiled bathroom with shower stall and pedestal sink and medicine cabinet.
** Utilities an internet included in monthly HOA !!**

Arts Condo, a 16 story pet friendly* high-rise located in the heart of Center City offers secured access entry with wheelchair accessibility, 24hr Concierge, Fitness Center Community Room & Business Terminals, an onsite card and mobile app operated laundry facility, 24hr emergency maintenance and bike storage (added fee). The Arts Condo houses The Arts Ballroom and barbershop. Located between the hip and trendy Midtown Village and the famed Avenue of the Arts (home to City Hall, Kimmel Center, and Academy of Music) you will be immersed in the center of it all. Within walking distance to Center City's fine dining, businesses, shopping, luxurious parks, theaters, UARTS, Jefferson Hospital and University, Drexel Med, and a 10 minute commute to Temple University. All forms of public transportation and multiple parking options are right outside your door. At The Arts Condo, there is nothing out of reach!!
(*Pet restrictions and deposit applies)

Last Listed By

Dawn Marie Secreto

Mercury Real Estate Group License #RS324870 Listed on: 09/07/2022

Mercury Real Estate Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,241

Year Built

  • Built in 1900

Lot Details

  • Downtown Location

HOA Fees

  • $463 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Masonry

Interior Spaces

  • 1 Full Bathroom
  • 317 Sq Ft Home
  • Property has 1 Level
  • Efficiency Studio
  • Home Security System

Utilities

  • Central Air
  • Radiator
  • Heating System Uses Bio Fuel
  • Public Septic

Listing and Financial Details

  • Tax Lot 140
  • Assessor Parcel Number 888115662

Community Details

Overview

  • $350 Elevator Use Fee
  • $2,317 Capital Contribution Fee
  • Association fees include electricity, heat, management, snow removal, trash, water
  • $463 Other One-Time Fees
  • The Arts Condominium HOA
  • High-Rise Condominium
  • Avenue Of The Arts Subdivision

Amenities

  • Concierge
  • Doorman
  • Community Center
  • Laundry Facilities
  • Elevator

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,241

Year Built

Built in 1900

Lot Details

0

HOA Fees

$463 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: This renovated studio on an upper floor features laminate wood flooring, renovated Kitchenette with both a Full stainless steel Fridge and mini Fridge, 2-top burner w/ range hood and ample cabinets, closet, ceiling fan, East city views, Tiled bathroom with shower stall and pedestal sink and medicine cabinet. ** Utilities an internet included in monthly HOA !!** Arts Condo, a 16 story pet friendly* high-rise located in the heart of Center City offers secured access entry with wheelchair accessibility, 24hr Concierge, Fitness Center Community Room & Business Terminals, an onsite card and mobile app operated laundry facility, 24hr emergency maintenance and bike storage (added fee). The Arts Condo houses The Arts Ballroom and barbershop. Located between the hip and trendy Midtown Village and the famed Avenue of the Arts (home to City Hall, Kimmel Center, and Academy of Music) you will be immersed in the center of it all. Within walking distance to Center City's fine dining, businesses, shopping, luxurious parks, theaters, UARTS, Jefferson Hospital and University, Drexel Med, and a 10 minute commute to Temple University. All forms of public transportation and multiple parking options are right outside your door. At The Arts Condo, there is nothing out of reach!! (*Pet restrictions and deposit applies)
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 10
  • Interior Amenities: Efficiency
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 317
  • Living Area Sq Ft: 317
  • Price Per Sq Ft: 304.46
  • Above Grade Finished Sq Ft: 317
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1324

Beds/Baths

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Bio Fuel
  • Heating Type: Radiator
  • Heating: Yes
  • Security: Doorman, Security System
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 463.44
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • Elevator Use Fee: 350.00
  • HOA Condo Co-Op Amenities: Community Center, Concierge, Elevator, Fitness Center, Laundry Facilities
  • HOA Condo Co-Op Fee Includes: Electricity, Heat, Management, Snow Removal, Trash, Water
  • HOA Name: THE ARTS CONDOMINIUM
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Other Fees: 463.44
  • Other Fees Frequency: One Time
  • Capital Contribution Fee: 2317.20

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 80800.00
  • Land Assessed Value: 7900.00
  • Land Use Code: 590
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2022
  • Zoning: CMX5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4834015
  • School Tax: 681.00
  • Tax Annual Amount: 1241.00
  • Assessor Parcel Number: 888115662
  • Tax Lot: 140
  • Tax Total Finished Sq Ft: 317
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 09/07/2022

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2022
Closed on
Sep 7, 2022
Sold by
Ranaweera and Anula
Bought by
Trust For Byron Azarm
Seller's Agent
Dawn Marie Secreto
Mercury Real Estate Group
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$96,515
Sold Price
$96,515
Total Days on Market
0
Current Estimated Value
$105,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,094
Avg. Annual Appreciation
3.35%

Purchase Details

Closed on
Feb 26, 2008
Sold by
Arts Tower Development Lp
Bought by
Ranaweera Siripala and Ranaweera Anula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,610
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

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
Trust For Byron Azarm $96,515 --
Ranaweera Siripala $102,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ranaweera Siripala $88,617
Previous Owner Ranaweera Siripala $92,610
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2022 09/07/22 Sold $96,515 0.0% $304 / Sq Ft
09/07/2022 09/07/22 Pending -- -- --
09/07/2022 09/07/22 For Sale $96,515 0.0% $304 / Sq Ft
08/15/2019 08/15/19 Rented $1,050 0.0% --
08/02/2019 08/02/19 Under Contract -- -- --
06/21/2019 06/21/19 For Rent $1,050 0.0% --
08/15/2016 08/15/16 Rented $1,050 0.0% --
07/26/2016 07/26/16 Under Contract -- -- --
07/19/2016 07/19/16 For Rent $1,050 +7.7% --
08/24/2013 08/24/13 Rented $975 -6.3% --
08/23/2013 08/23/13 Under Contract -- -- --
06/07/2013 06/07/13 For Rent $1,040 -- --
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 $1,265 $90,400 $8,100 $82,300
2024 $1,265 $90,400 $8,100 $82,300
2023 $1,265 $90,400 $8,100 $82,300
2022 $1,242 $90,400 $8,100 $82,300
2021 $1,242 $0 $0 $0
2020 $1,242 $0 $0 $0
2019 $1,207 $0 $0 $0
2018 $1,149 $0 $0 $0
2017 $1,149 $0 $0 $0
2016 $31 $0 $0 $0
2015 $884 $0 $0 $0
2014 -- $66,000 $5,000 $61,000
2012 -- $5,312 $1,056 $4,256
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2157180

Bright MLS

APN: 888115662