$84,000 - $95,000
RENTED OCT 30, 2024
-- Bed
1 Bath
-- Sq Ft
1900 Built

Last Sold June 25, 2019

Last sale price $89,000

Est. 1% decrease in value since last sale

Current estimated payment $574/month

Highlights

  • Open Floorplan
  • 3-minute walk to 12Th-13Th & Locust St
  • Bathtub with Shower
  • Wood Flooring
  • No HOA
  • Front Desk in Lobby

About This Home

As of October 2024

Available NOW | Leasing Special: Only the first month’s rent and security deposit to move in for any lease signed by 10/31/24.

Welcome to 1324 Locust St #1402! This is a great Studio, 1 bathroom condo in the heart of Center City Philadelphia. Step into this charming studio featuring hardwood floors and a layout designed for comfort. Upon entry, the bathroom is on your right, while the open living area stretches ahead. Enjoy abundant natural light from two oversized windows, perfect for creating a cozy atmosphere or keeping your plants happy. A ceiling fan keeps the space comfortable year-round. The efficiency kitchen offers modern cabinetry, a mini-fridge, hotplate, and tile flooring. A closet with a built-in mirror adds convenience and storage. The updated bathroom boasts beautiful tiling, a lighted vanity with extra storage, and a fully tiled shower-tub combo. You'll be right in the center of the action in the Arts Condominium. Just steps from Broad Street's Avenue of the Arts, offering some of the best shopping, dining, and entertainment in the city, this unit has all you need to live comfortably. There's public transportation to anywhere just outside your door, building amenities including a fitness center, laundry room, 24-hour desk attendant, hair salon and free internet in the lobby, common room with couches and meeting space, and much more right around every corner!

Please note that the furniture can be removed upon request.

Lease Terms:

Generally, first month, last month, and one month security deposit due at, or prior to, lease signing. Other terms may be required by Landlord. $55 application fee per applicant. Water, gas, electricity, and internet are included in the monthly rental price. Tenants responsible for in-unit cable and $350 move-in fee. Landlord Requirements: Applicants to make 3x the monthly rent in verifiable net income, credit history to be considered (i.e. no active collections), no evictions within the past 4 years, and must have a verifiable rental history with on-time rental payments. Exceptions to this criteria may exist under the law and will be considered.

1 small dog under 20lbs is conditional on owner’s approval and require an additional monthly pet fee, if accepted. 1 pet maximum per unit; strictly no cats. Building pet registration and policy: $120 nonrefundable pet registration fee, and $10 freight elevator fee, which must be used for pet transportation. Breed restrictions apply – please speak to a listing agent to discuss pet policy details.

The fee to use the Bike Storage Room is $50.00 and tenants are provided with a key to the room. There are bike racks in the room and it is totally up to the tenant whether they wish to secure their bike with a lock. The room, itself, is locked and only available to other residents with keys to the room. Residents using the Bike Room need to know that bikes can only be transported through our side entrance and then their bike must be carried through the lobby, down the steps and into the Bike Room. It is permissible to keep your bike in your condominium, as an alternative, in which case the resident will purchase a key to the freight elevator for $10.00.

Last Agent to Rent the Property

BRIELLE BALLANTINE

(267) 987-1976 brielleballantinerealestate@gmail.com JG Real Estate LLC Listed on: 09/12/2024

JG Real Estate LLC

Last Renter's Agent

LaShae Gordon Strickland

(215) 467-4100 lashae.gordonstrickland@gmail.com JG Real Estate LLC License #RS374644

JG Real Estate LLC

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,298

Year Built

  • Built in 1900

Home Design

  • Entry on the 14th floor
  • Studio
  • Masonry

Interior Spaces

  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Wood Flooring
  • Laundry in Basement
  • Built-In Range

Bedrooms and Bathrooms

  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • Public Parking
  • On-Street Parking
  • Unassigned Parking

Accessible Home Design

  • Accessible Elevator Installed
  • More Than Two Accessible Exits

Utilities

  • Central Heating and Cooling System
  • 60+ Gallon Tank

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,015
  • $350 Move-In Fee
  • Requires 3 Months of Rent Paid Up Front
  • Tenant pays for cable TV
  • Rent includes electricity, gas, water
  • No Smoking Allowed
  • 12-Month Min and 60-Month Max Lease Term
  • Available 9/13/24
  • $55 Application Fee
  • Assessor Parcel Number 888115836

Community Details

Overview

  • No Home Owners Association
  • High-Rise Condominium
  • Avenue Of The Arts Subdivision

Pet Policy

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

Additional Features

  • Laundry Facilities
  • Front Desk in Lobby

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,298

Year Built

Built in 1900

Lot Details

0

Rental Info

  • Date Available: 2024-09-13
  • Application Fee: 55.00
  • Months Rent Up Front: 3.0
  • Pets: Size/Weight Restriction, Dogs Ok, Number Limit, Breed Restrictions
  • Pets Allowed: Yes
  • Rent Includes: Electricity, Gas, Water
  • Security Deposit: 1015.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Cable Tv
  • Vacation Rental: No
  • Max Lease in Months: 60
  • Min Lease in Months: 12
  • Move In Fee: 350.00
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: 2+ Access Exits, Elevator
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1900
  • Remarks Public: Available NOW | Leasing Special: Only the first month’s rent and security deposit to move in for any lease signed by 10/31/24. Welcome to 1324 Locust St #1402! This is a great Studio, 1 bathroom condo in the heart of Center City Philadelphia. Step into this charming studio featuring hardwood floors and a layout designed for comfort. Upon entry, the bathroom is on your right, while the open living area stretches ahead. Enjoy abundant natural light from two oversized windows, perfect for creating a cozy atmosphere or keeping your plants happy. A ceiling fan keeps the space comfortable year-round. The efficiency kitchen offers modern cabinetry, a mini-fridge, hotplate, and tile flooring. A closet with a built-in mirror adds convenience and storage. The updated bathroom boasts beautiful tiling, a lighted vanity with extra storage, and a fully tiled shower-tub combo. You'll be right in the center of the action in the Arts Condominium. Just steps from Broad Street's Avenue of the Arts, offering some of the best shopping, dining, and entertainment in the city, this unit has all you need to live comfortably. There's public transportation to anywhere just outside your door, building amenities including a fitness center, laundry room, 24-hour desk attendant, hair salon and free internet in the lobby, common room with couches and meeting space, and much more right around every corner! Please note that the furniture can be removed upon request. Lease Terms: Generally, first month, last month, and one month security deposit due at, or prior to, lease signing. Other terms may be required by Landlord. $55 application fee per applicant. Water, gas, electricity, and internet are included in the monthly rental price. Tenants responsible for in-unit cable and $350 move-in fee. Landlord Requirements: Applicants to make 3x the monthly rent in verifiable net income, credit history to be considered (i.e. no active collections), no evictions within the past 4 years, and must have a verifiable rental history with on-time rental payments. Exceptions to this criteria may exist under the law and will be considered. 1 small dog under 20lbs is conditional on owner’s approval and require an additional monthly pet fee, if accepted. 1 pet maximum per unit; strictly no cats. Building pet registration and policy: $120 nonrefundable pet registration fee, and $10 freight elevator fee, which must be used for pet transportation. Breed restrictions apply – please speak to a listing agent to discuss pet policy details. The fee to use the Bike Storage Room is $50.00 and tenants are provided with a key to the room. There are bike racks in the room and it is totally up to the tenant whether they wish to secure their bike with a lock. The room, itself, is locked and only available to other residents with keys to the room. Residents using the Bike Room need to know that bikes can only be transported through our side entrance and then their bike must be carried through the lobby, down the steps and into the Bike Room. It is permissible to keep your bike in your condominium, as an alternative, in which case the resident will purchase a key to the freight elevator for $10.00.
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Cooktop, Refrigerator, Built-In Range
  • Entry Floor: 14
  • Interior Amenities: Elevator, Studio, Bathroom - Tub Shower, Floor Plan - Open, Wood Floors, Ceiling Fan(s)
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common, Basement, Shared
  • 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
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Public, Unassigned
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Security: Desk In Lobby, Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Horses: No
  • Land Use Code: 590
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Zoning: CMX5

Tax Info

  • Assessor Parcel Number: 888115836
  • Tax Total Finished Sq Ft: 322
  • Close Date: 10/30/2024

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2019
Closed on
Jun 25, 2019
Sold by
Pluto Jessica
Bought by
Hozimah Jawaher
Seller's Agent
Conchetta Park
OCF Realty LLC - Philadelphia
Buyer's Agent
Asif Gill
Homestarr Realty
List Price
$105,000
Sold Price
$89,000
Premium/Discount to List
-$16,000
-15.24%
Current Estimated Value
$87,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,185
Avg. Annual Appreciation
-0.21%

Purchase Details

Listed on
Mar 13, 2014
Closed on
Nov 24, 2014
Sold by
Leib Frank B
Bought by
Pluto Jessica
Seller's Agent
John Brown
Compass RE
Buyer's Agent
Jackie Ciarelli
BHHS Fox & Roach-Center City Walnut
List Price
$109,000
Sold Price
$91,000
Premium/Discount to List
-$18,000
-16.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.48%
Original Mortgage
$68,250
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2008
Sold by
Arts Tower Development Lp
Bought by
Leib Frank B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,720
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Hozimah Jawaher $89,000 None Available
Pluto Jessica $91,000 None Available
Leib Frank B $105,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pluto Jessica $68,250
Previous Owner Leib Frank B $84,720
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2024 10/30/24 Rented $1,015 0.0% --
10/23/2024 10/23/24 Under Contract -- -- --
10/08/2024 10/08/24 Price Changed $1,015 -7.7% --
09/26/2024 09/26/24 Price Changed $1,100 -15.4% --
09/12/2024 09/12/24 For Rent $1,300 0.0% --
06/25/2019 06/25/19 Sold $89,000 -6.3% $276 / Sq Ft View Prior Sale
04/22/2019 04/22/19 Price Changed $95,000 -9.5% $295 / Sq Ft
03/31/2019 03/31/19 For Sale $105,000 +15.4% $326 / Sq Ft
11/25/2014 11/25/14 Sold $91,000 -8.1% $283 / Sq Ft View Prior Sale
09/28/2014 09/28/14 Pending -- -- --
05/29/2014 05/29/14 Price Changed $99,000 -9.2% $307 / Sq Ft
03/13/2014 03/13/14 For Sale $109,000 0.0% $339 / Sq Ft
07/05/2012 07/05/12 Rented $1,000 +0.5% --
06/28/2012 06/28/12 Under Contract -- -- --
06/22/2012 06/22/12 For Rent $995 -- --
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 $1,298 $92,700 $8,300 $84,400
2024 $1,298 $92,700 $8,300 $84,400
2023 $1,298 $92,700 $8,300 $84,400
2022 $644 $47,700 $8,300 $39,400
2021 $1,274 $0 $0 $0
2020 $1,274 $0 $0 $0
2019 $1,237 $0 $0 $0
2018 $1,167 $0 $0 $0
2017 $1,167 $0 $0 $0
2016 $938 $0 $0 $0
2015 $898 $0 $0 $0
2014 -- $67,000 $5,100 $61,900
2012 -- $5,408 $1,088 $4,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2395980

Bright MLS

APN: 888115836