NOT LISTED FOR SALE

The Arts Condominium 1324 Locust St Unit 1115 Philadelphia, PA 19107

Washington Square West Neighborhood

Estimated Value: $95,000 - $118,000

-- Bed
1 Bath
-- Sq Ft
$450/mo HOA Fee

Last Sold September 15, 2023

Last sale price $110,000

Est. 7% decrease in value since last sale

Current estimated payment $1,105/month

31 Days on Market

Highlights

  • Fitness Center
  • 2-minute walk to 12Th-13Th & Locust St
  • High-Rise Condominium
  • Forced Air Heating and Cooling System
  • Laundry Facilities

About This Home

As of September 2023

1324 Locust St #1115 is an updated studio condo located in Washington Sq West, just off Broad St in The Arts Condominiums. This highly sought-after building is fully amenitized, offering a welcome desk staffed 24/7, a fitness center, a laundry room, a business center, and a ballroom that hosts prominent city events. The building shows great pride in its pristinely kept exterior, lobby, elevators, and hallways. Inside unit #1115, you'll find an entry hall with a closet and soaring ceiling that continue into the main living space. Original character is displayed throughout in the picture frame moldings that decorate the walls and the millwork that trims the doorways. The kitchen features newer cabinetry and appliances. Completing the unit is a full bathroom and a large closet. The condo fee includes water, gas, internet, common area maintenance and building management. One of 1324 Locust St #1115's best features is its fantastic location! Prominently sat by the border of Washington Sq W, Center City, and Rittenhouse, it earns a perfect WalkScore of 100! Entertainment at The Kimmel Center, shopping along Walnut St, and dining on 13th St are all just steps away. There's also easy access to City Hall, public transit, The Parkway, and I-676. Schedule your in-person or virtual tour today!

Last Agent to Sell the Property

Donnell Evans

(267) 908-1289 donnell@hsnrg.com HomeSmart Nexus Realty Group - Blue Bell Listed on: 04/04/2023

HomeSmart Nexus Realty Group - Blue Bell

Last Buyer's Agent

Gaurav Gambhir

(215) 478-6339 gaurav@tcsgroup.com KW Empower License #AB067538

KW Empower

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,397

Year Built

  • Built in 1900

HOA Fees

  • $450 Monthly HOA Fees

Home Design

  • Entry on the 11th floor
  • Masonry

Interior Spaces

  • 1 Full Bathroom
  • Property has 1 Level

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 522
  • Assessor Parcel Number 888115744

Community Details

Overview

  • Association fees include common area maintenance, electricity, exterior building maintenance, health club, heat, management, snow removal, water
  • High-Rise Condominium
  • The Arts Condominiums
  • Washington Sq West Subdivision

Amenities

  • Laundry Facilities

Recreation

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,397

Year Built

Built in 1900

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 11
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common
  • 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: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 450.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Arts Condominiums
  • HOA Condo Co-Op Amenities: Laundry Facilities, Exercise Room, Elevator
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Electricity, Ext Bldg Maint, Health Club, Heat, Management, Snow Removal, Water
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Land Use Code: 590
  • Year Assessed: 2023
  • Zoning: CMX5

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • School Tax: 766.00
  • Tax Annual Amount: 1397.00
  • Assessor Parcel Number: 888115744
  • Tax Lot: 522
  • Tax Year: 2023
  • Close Date: 09/15/2023

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2019
Closed on
Jan 13, 2020
Sold by
Surfaces Development Llc
Bought by
1324 Locust Street 1115 Llc
Seller's Agent
Tom Higgins
Keller Williams Real Estate-Blue Bell
Buyer's Agent
Donnell Evans
HomeSmart Nexus Realty Group - Blue Bell
List Price
$98,900
Sold Price
$90,000
Premium/Discount to List
-$8,900
-9%
Current Estimated Value
$101,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,835
Avg. Annual Appreciation
2.18%

Purchase Details

Closed on
May 21, 2008
Sold by
Arts Tower Development Lp
Bought by
Surfaces Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.91%
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
1324 Locust Street 1115 Llc $90,000 First Partners Abstract Co
Surfaces Development Llc $118,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Surfaces Development Llc $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2023 09/15/23 Sold $110,000 0.0% --
05/05/2023 05/05/23 Pending -- -- --
04/04/2023 04/04/23 For Sale $110,000 +22.2% --
01/17/2020 01/17/20 Sold $90,000 -4.2% $261 / Sq Ft View Prior Sale
11/13/2019 11/13/19 Pending -- -- --
11/04/2019 11/04/19 Price Changed $93,900 -5.1% $272 / Sq Ft
08/22/2019 08/22/19 For Sale $98,900 0.0% $287 / Sq Ft
01/25/2019 01/25/19 Rented $975 0.0% --
11/14/2018 11/14/18 For Rent $975 0.0% --
11/04/2017 11/04/17 Rented $975 0.0% --
10/31/2017 10/31/17 Under Contract -- -- --
09/22/2017 09/22/17 For Rent $975 -- --
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 $1,397 $99,800 $9,000 $90,800
2024 $1,397 $99,800 $9,000 $90,800
2023 $1,397 $99,800 $9,000 $90,800
2022 $1,397 $99,800 $9,000 $90,800
2021 $1,370 $0 $0 $0
2020 $1,370 $0 $0 $0
2019 $1,331 $0 $0 $0
2018 $1,256 $0 $0 $0
2017 $1,256 $0 $0 $0
2016 $1,008 $0 $0 $0
2015 $965 $0 $0 $0
2014 -- $72,000 $5,500 $66,500
2012 -- $5,792 $1,152 $4,640
Source: Public Records

Agents Affiliated with this Home

  • Donnell Evans

    Seller's Agent in 2023

    Donnell Evans

    HomeSmart Nexus Realty Group - Blue Bell

    (267) 908-1289

    1 in this area

    74 Total Sales

    Donnell Evans
    Section Image
  • Gaurav Gambhir

    Buyer's Agent in 2023

    Gaurav Gambhir

    KW Empower

    (215) 478-6339

    9 in this area

    206 Total Sales

    Gaurav Gambhir
    Section Image
  • Dafni Dimopoulos

    Buyer Co-Listing Agent in 2023

    Dafni Dimopoulos

    Compass RE

    (267) 241-3289

    3 in this area

    39 Total Sales

    Dafni Dimopoulos
    Section Image
  • Tom Higgins

    Seller's Agent in 2020

    Tom Higgins

    Keller Williams Real Estate-Blue Bell

    (215) 275-0591

    1 in this area

    126 Total Sales

    Tom Higgins
    Section Image

  • T

    Buyer's Agent in 2019

    Tara Moore

    JG Real Estate

See All Agents

About The Arts Condominium

Map

Source: Bright MLS

MLS Number: PAPH2220494

Bright MLS

APN: 888115744

Pennsylvania Philadelphia County Philadelphia 19107 Washington Square West

1324 Locust St Unit 1115, Philadelphia, PA

This home is located at 1324 Locust St Unit 1115, Philadelphia, PA 19107 since 04 April 2023 and is currently estimated at $101,835. This property was built in 1900. 1324 Locust St Unit 1115 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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