$90,000
SOLD JAN 17, 2020
-- Bed
1 Bath
345 Sq Ft
$443/mo HOA Fee

Recently Sold

$261 Per Sq Ft

9% Below List Price

83 Days on Market

Highlights

  • Fitness Center
  • 3-minute walk to 12Th-13Th & Locust St
  • Efficiency Studio
  • Penthouse
  • Great Room
  • 4 Elevators

About This Home

As of September 2023

Affordable Studio available in the beautiful Arts Condominium building! This 11th floor unit at 1324 Locust is ideal for city living. it is centrally located near everything that Center City has to offer. The Arts Condo has amenities such has 24 hour door staff with secured entry, a fitness center and laundry on site. This building is pet friendly, EZ living, plus the HOA fee covers all of your utilities: water, electric, heat and central AC. Easy public transportation with PATCO directly across the street and this building is also located just off the Broad Street Line. 3 blocks to Jefferson, blocks from all the restaurants on 13th Street and easily walkable to Rittenhouse Square Located between the Avenue of the Arts and Midtown Village, this unit is close to restaurants, theaters, shopping, the Academy of Music, Kimmel Center, University of the Arts, Thomas Jefferson University Hospital, Pennsylvania Hospital, City Hall, and so much more! Walkscore of 99 percent, Schedule your tour today!

Last Agent to Sell the Property

Tom Higgins

Keller Williams Real Estate-Blue Bell License #RS176625L Listed on: 08/22/2019

Keller Williams Real Estate-Blue Bell

Last Buyer's Agent

Donnell Evans

HomeSmart Nexus Realty Group - Blue Bell

HomeSmart Nexus Realty Group - Blue Bell

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,370

Year Built

  • Built in 1900

Lot Details

  • North Facing Home

HOA Fees

  • $443 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Penthouse
  • Masonry

Interior Spaces

  • 1 Full Bathroom
  • 345 Sq Ft Home
  • Property has 1 Level
  • Great Room
  • Efficiency Studio

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 522
  • Assessor Parcel Number 888115744

Community Details

Overview

  • $1,330 Capital Contribution Fee
  • Association fees include air conditioning, cable TV, common area maintenance, electricity, exterior building maintenance, heat, insurance, laundry, management, snow removal, sewer, trash, water
  • $250 Other One-Time Fees
  • The Arts Condominium Condos
  • The Arts Condominium Community
  • Property Manager

Amenities

  • Laundry Facilities
  • 4 Elevators

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,370

Year Built

Built in 1900

Lot Details

0

HOA Fees

$443 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1900
  • Remarks Public: Affordable Studio available in the beautiful Arts Condominium building! This 11th floor unit at 1324 Locust is ideal for city living. it is centrally located near everything that Center City has to offer. The Arts Condo has amenities such has 24 hour door staff with secured entry, a fitness center and laundry on site. This building is pet friendly, EZ living, plus the HOA fee covers all of your utilities: water, electric, heat and central AC. Easy public transportation with PATCO directly across the street and this building is also located just off the Broad Street Line. 3 blocks to Jefferson, blocks from all the restaurants on 13th Street and easily walkable to Rittenhouse Square Located between the Avenue of the Arts and Midtown Village, this unit is close to restaurants, theaters, shopping, the Academy of Music, Kimmel Center, University of the Arts, Thomas Jefferson University Hospital, Pennsylvania Hospital, City Hall, and so much more! Walkscore of 99 percent, Schedule your tour today!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Interior Amenities: Efficiency
  • Elevators Count: 4
  • Levels Count: 1
  • Room List: Great Room
  • Basement: No
  • Total Sq Ft: 345
  • Living Area Sq Ft: 345
  • Price Per Sq Ft: 272.17
  • Above Grade Finished Sq Ft: 345
  • 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
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 443.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: the arts condominium
  • Condo Co-Op Phone: 800-870-001
  • HOA Condo Co-Op Amenities: Cable, Elevator, Exercise Room, Fitness Center, Laundry Facilities, Security
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Cable Tv, Common Area Maintenance, Electricity, Ext Bldg Maint, Heat, Insurance, Laundry, Management, Snow Removal, Sewer, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No
  • Other Fees: 250.00
  • Other Fees Frequency: One Time
  • Capital Contribution Fee: 1329.63

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

  • Horses: No
  • Improvement Assessed Value: 89100.00
  • Land Assessed Value: 8800.00
  • Land Use Code: 590
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2020
  • Zoning: CMX5

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 4834056
  • School Tax: 752.00
  • Tax Annual Amount: 1370.00
  • Assessor Parcel Number: 888115744
  • Tax Lot: 522
  • Tax Total Finished Sq Ft: 345
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 01/17/2020

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2023
Closed on
Aug 31, 2023
Sold by
1324 Locust Street 1115 Llc
Bought by
Hagerty Alice
Seller's Agent
Donnell Evans
HomeSmart Nexus Realty Group - Blue Bell
Buyer's Agent
Gaurav Gambhir
KW Empower
List Price
$110,000
Sold Price
$110,000
Total Days on Market
83
Views
106
Current Estimated Value
$109,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$57
Avg. Annual Appreciation
-0.03%
Original Mortgage
$88,000
Outstanding Balance
$86,527
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$23,416

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%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.64%

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

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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 Type Sale Price Title Company
Deed $110,000 None Listed On Document
Deed $90,000 First Partners Abstract Co
Special Warranty Deed $118,900 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $88,000 New Conventional
Previous Owner $90,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

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Map

Source: Bright MLS

MLS Number: PAPH822400

Bright MLS

APN: 888115744