NOT LISTED FOR SALE

Estimated Value: $88,000 - $110,000

-- Bed
1 Bath
317 Sq Ft
$448/mo HOA Fee

Last Sold August 13, 2020

Last sale price $85,000 $268 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,090/month

45 Days on Market

Highlights

  • Concierge
  • 3-minute walk to 12Th-13Th & Locust St
  • City View
  • Fitness Center
  • 24-Hour Security
  • Open Floorplan

About This Home

As of August 2020

Turn-Key Rental or Owner Occupant ...take advantage of this great opportunity to own a studio in highly-sought after Arts Condominium Building in Center City Philadelphia, boasting a newly refurbished grand lobby, professionally designed fitness center, on-site laundry and barber shop and 24/7 lobby attendant. The Arts offers a premier location right off Broad Street/Avenue of the Arts, across from the Academy of Music , convenient to hospitals, Universities and transportation. Your new condo has laminate hardwood floor, ceramic tile in the kitchenette and bathroom, and great views from the 12th floor. Enjoy radiant heat and CENTRAL AIR (which most units do not have). Walk to everything! You're off every parade route in the city. Condo Fee includes ALL UTILITIES, Comcast Cable TV, fitness center and free high-speed lobby Wifi (with kiosks), and a business room. On site bicycle parking is available for a small fee. Pet-friendly building. Building requires a $250 move-in fee (elevator), but no move out fee.Contact Michelle Beaver 610-716-9158 for more info, pictures and video.

Last Listed By

Michelle Beaver

Keller Williams Real Estate -Exton License #RS366698 Listed on: 06/02/2020

Keller Williams Real Estate -Exton

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,254

Year Built

  • Built in 1900

Lot Details

  • Extensive Hardscape
  • Property is in excellent condition

HOA Fees

  • $448 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Masonry

Interior Spaces

  • 317 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Combination Kitchen and Living
  • Efficiency Studio
  • Laundry in Basement
  • Surveillance System

Kitchen

  • Kitchenette
  • Kitchen in Efficiency Studio
  • Cooktop

Bedrooms and Bathrooms

  • 1 Full Bathroom
  • Bathtub with Shower

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 140
  • Assessor Parcel Number 888115776

Community Details

Overview

  • $1,344 Capital Contribution Fee
  • Association fees include common area maintenance, electricity, exterior building maintenance, heat, management, sewer, snow removal, trash, water, recreation facility, air conditioning
  • $250 Other One-Time Fees
  • High-Rise Condominium
  • First Residential Services Condos, Phone Number (800) 870-0010
  • The Arts Condominium Community
  • Center City Subdivision
  • Property Manager

Amenities

  • Concierge
  • Doorman
  • Beauty Salon
  • Laundry Facilities
  • Elevator

Recreation

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Breed Restrictions

Security

  • 24-Hour Security
  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,254

Year Built

Built in 1900

Lot Details

0

HOA Fees

$448 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-06-02
  • Federal Flood Zone: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Turn-Key Rental or Owner Occupant ...take advantage of this great opportunity to own a studio in highly-sought after Arts Condominium Building in Center City Philadelphia, boasting a newly refurbished grand lobby, professionally designed fitness center, on-site laundry and barber shop and 24/7 lobby attendant. The Arts offers a premier location right off Broad Street/Avenue of the Arts, across from the Academy of Music , convenient to hospitals, Universities and transportation. Your new condo has laminate hardwood floor, ceramic tile in the kitchenette and bathroom, and great views from the 12th floor. Enjoy radiant heat and CENTRAL AIR (which most units do not have). Walk to everything! You're off every parade route in the city. Condo Fee includes ALL UTILITIES, Comcast Cable TV, fitness center and free high-speed lobby Wifi (with kiosks), and a business room. On site bicycle parking is available for a small fee. Pet-friendly building. Building requires a $250 move-in fee (elevator), but no move out fee.Contact Michelle Beaver 610-716-9158 for more info, pictures and video.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Cooktop, Refrigerator
  • Entry Floor: 12
  • Interior Amenities: Combination Kitchen/Living, Efficiency, Floor Plan - Open, Flat, Kitchen - Efficiency, Kitchenette, Tub Shower
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common, Basement
  • Total Sq Ft: 317
  • Living Area Sq Ft: 317
  • Price Per Sq Ft: 280.76
  • 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
  • Exterior Features: Extensive Hardscape, Street Lights
  • Spa: No
  • View: City
  • 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 Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Security: Doorman, Desk In Lobby, 24 Hour Security, Surveillance Sys
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 448.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: First Residential Services
  • Condo Co-Op Phone: 800-870-0010
  • HOA Condo Co-Op Amenities: Cable, Concierge, Elevator, Exercise Room, Security, Laundry Facilities, Beauty Salon
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Electricity, Ext Bldg Maint, Heat, Management, Sewer, Snow Removal, Trash, Water, Recreation Facility, Air Conditioning
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Other Fees: 250.00
  • Other Fees Frequency: One Time
  • Capital Contribution Fee: 1344.00

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 81600.00
  • Land Assessed Value: 8000.00
  • Land Use Code: 590
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: CMX5

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Size/Weight Restriction, Number Limit, Breed Restrictions
  • Pets Allowed: Yes
  • Total Actual Rent: 12000.00
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 4834072
  • School Tax: 688.00
  • Tax Annual Amount: 1254.00
  • Assessor Parcel Number: 888115776
  • Tax Lot: 140
  • Tax Total Finished Sq Ft: 317
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 08/13/2020

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2020
Closed on
Aug 10, 2020
Sold by
Bellavsky Natalia
Bought by
Ward Malinda and Special Needs Tr For Sole Bene
Seller's Agent
Michelle Beaver
Keller Williams Real Estate -Exton
Buyer's Agent
Keny Holman
RE/MAX Professional Realty
List Price
$89,000
Sold Price
$85,000
Premium/Discount to List
-$4,000
-4.49%
Total Days on Market
45
Current Estimated Value
$95,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,661
Avg. Annual Appreciation
2.50%

Purchase Details

Closed on
Feb 28, 2008
Sold by
Arts Tower Development Lp
Bought by
Beliavsky Natalia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,600
Interest Rate
5.37%
Mortgage Type
New Conventional

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
Ward Malinda $85,000 None Available
Beliavsky Natalia $108,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beliavsky Natalia $102,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2020 08/13/20 Sold $85,000 -4.5% $268 / Sq Ft
07/18/2020 07/18/20 Pending -- -- --
06/02/2020 06/02/20 For Sale $89,000 0.0% $281 / Sq Ft
05/20/2020 05/20/20 Price Changed $89,000 0.0% $281 / Sq Ft
06/01/2019 06/01/19 Rented $995 0.0% --
04/03/2019 04/03/19 For Rent $995 0.0% --
02/24/2018 02/24/18 Rented $995 0.0% --
02/20/2018 02/20/18 Under Contract -- -- --
07/14/2017 07/14/17 For Rent $995 +4.7% --
02/21/2013 02/21/13 Rented $950 0.0% --
02/20/2013 02/20/13 Under Contract -- -- --
02/06/2013 02/06/13 For Rent $950 -- --
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 $1,278 $91,300 $8,200 $83,100
2024 $1,278 $91,300 $8,200 $83,100
2023 $1,278 $91,300 $8,200 $83,100
2022 $1,278 $91,300 $8,200 $83,100
2021 $1,254 $0 $0 $0
2020 $1,254 $0 $0 $0
2019 $1,218 $0 $0 $0
2018 $1,149 $0 $0 $0
2017 $1,149 $0 $0 $0
2016 $924 $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: PAPH893762

Bright MLS

APN: 888115776