NOT LISTED FOR SALE

Estimated Value: $89,075 - $100,000

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

Last Sold September 16, 2022

Last sale price $81,000 $254 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,099/month

11 Days on Market

Highlights

  • Fitness Center
  • 3-minute walk to 12Th-13Th & Locust St
  • Central Air
  • Contemporary Architecture
  • Elevator
  • Laundry Facilities

About This Home

As of September 2022

FOR SALE: Studio at The Arts Condominium -- situated just off of Center City East and the Avenue of the
Arts. In pristine condition. Great to live in or use for rental income. Beautiful laminate flooring. BONUS: In addition to the standard mini-fridge, this unit features a full size refrigerator. Located across from the Academy of Music, the Arts Condominium features: a grand lobby, a professionally-designed fitness center, on-site laundry facility, 24/7 lobby attendant, and cable ready units. Condo fee includes electric, heat, water, fitness center, and Comcast/Xfinity Performance Internet. Resident responsible for Cable TV, if they opt for it. Free wireless Internet in lobby. On site bicycle parking for additional fee. Community room. Pet friendly building (1 cat or 1 dog; 40 lb limit).

Last Listed By

John Featherman

BHHS Fox & Roach At the Harper, Rittenhouse Square License #AB067755 Listed on: 08/06/2022

BHHS Fox & Roach At the Harper, Rittenhouse Square

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,264

Year Built

  • Built in 1922

HOA Fees

  • $463 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Masonry

Interior Spaces

  • 1 Full Bathroom
  • 319 Sq Ft Home
  • Property has 1 Level

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 140
  • Assessor Parcel Number 888115828

Community Details

Overview

  • $2,317 Capital Contribution Fee
  • Association fees include common area maintenance, electricity, heat, sewer, snow removal, water
  • $350 Other One-Time Fees
  • High-Rise Condominium
  • Arts Condominium Community
  • Avenue Of The Arts Subdivision
  • Property Manager

Amenities

  • Laundry Facilities
  • Elevator

Recreation

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed
  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,264

Year Built

Built in 1922

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
  • Inclusions: 2 refrigerators, microwave, window treatments (all "as is" condition)
  • New Construction: No
  • Story List: Main
  • Year Built: 1922
  • Automatically Close On Close Date: Yes
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 12
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 319
  • Living Area Sq Ft: 319
  • Price Per Sq Ft: 266.45
  • Above Grade Finished Sq Ft: 319
  • 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: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 463.44
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Fitness Center, Laundry Facilities
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Electricity, Heat, Sewer, Snow Removal, Water
  • HOA: No
  • Senior Community: No

Fee Information

  • Other Fees: 350.00
  • 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

Lot Info

  • Land Use Code: 590
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2022
  • Zoning: CMX5

Rental Info

  • Pets: Breed Restrictions, Cats Ok, Dogs Ok, Number Limit, Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 693.00
  • Tax Annual Amount: 1264.00
  • Assessor Parcel Number: 888115828
  • Tax Lot: 140
  • Tax Total Finished Sq Ft: 319
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 09/16/2022

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2022
Closed on
Sep 10, 2022
Sold by
Ahmed Shahzad
Bought by
Faiz Aisha
Seller's Agent
John Featherman
BHHS Fox & Roach At the Harper, Rittenhouse Square
Buyer's Agent
Maria Quattrone
RE/MAX @ HOME
List Price
$84,999
Sold Price
$81,000
Premium/Discount to List
-$3,999
-4.7%
Total Days on Market
11
Current Estimated Value
$94,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,519
Avg. Annual Appreciation
4.40%

Purchase Details

Listed on
Aug 23, 2019
Closed on
Jul 14, 2020
Sold by
Liu Jie and Zhao Yan
Bought by
Shahzad Ahmed and Shahzad Farnaz Ahmed
Seller's Agent
Christopher Phan
BHHS Fox & Roach-Center City Walnut
Buyer's Agent
Lillian Baker
Taylor Properties
List Price
$98,000
Sold Price
$85,000
Premium/Discount to List
-$13,000
-13.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.21%

Purchase Details

Closed on
Feb 29, 2008
Sold by
Arts Tower Development Lp
Bought by
Liu Jie and Zhao Yan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,230
Interest Rate
5.57%
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
Faiz Aisha $81,000 --
Shahzad Ahmed $85,000 None Available
Liu Jie $109,038 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Liu Jie $87,230
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold $81,000 -4.7% $254 / Sq Ft
08/17/2022 08/17/22 Pending -- -- --
08/06/2022 08/06/22 For Sale $84,999 0.0% $266 / Sq Ft
07/20/2020 07/20/20 Sold $85,000 -8.6% $266 / Sq Ft
07/04/2020 07/04/20 Pending -- -- --
11/02/2019 11/02/19 Price Changed $93,000 -5.1% $292 / Sq Ft
08/23/2019 08/23/19 For Sale $98,000 -- $307 / Sq Ft
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 $1,288 $92,000 $8,300 $83,700
2024 $1,288 $92,000 $8,300 $83,700
2023 $1,288 $92,000 $8,300 $83,700
2022 $1,264 $92,000 $8,300 $83,700
2021 $1,264 $0 $0 $0
2020 $1,264 $0 $0 $0
2019 $1,228 $0 $0 $0
2018 $1,158 $0 $0 $0
2017 $1,158 $0 $0 $0
2016 $6,449 $0 $0 $0
2015 $6,449 $0 $0 $0
2014 -- $66,000 $5,100 $60,900
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: PAPH2146088

Bright MLS

APN: 888115828