$88,000 - $121,000
RENTED SEP 14, 2024
-- Bed
1 Bath
318 Sq Ft
1900 Built

Last Sold October 10, 2022

Last sale price $105,000 $330 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $680/month

Highlights

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

About This Home

As of September 2024

Available NOW: Welcome to 1324 Locust St #1508! This is a fantastic Studio, 1 bathroom condominium located in the incredible Arts Condominium with ALL UTILITIES INCLUDED and unbelievable building amenities. This 15th Floor unit welcomes you into a hallway with your bathroom to the left and your living space straight ahead. This main living area is spacious and bright with 2 large windows for an airy atmosphere. The kitchenette offers cabinetry, a mini-fridge, hotplate, and sink. Along with a movable wall the acts as both additional storage and a wall to close off your kitchen when it’s not in use. For added connivence there is a Murphy bed that comes included with this unit. The bathroom to view stylish tiling and a shower-tub combo. This unit comes with a brand new air conditioner to make apartment living comfortable. Water, gas, electricity, and internet are included in the monthly rental price. Tenants responsible for in-unit cable and $350 move-in fee. Pets are conditional on owner’s approval and building pet registration and policy: $120 nonrefundable pet registration fee, and $10 freight elevator fee, which must be used for pet transportation. 40lb weight limit for pets and breed restrictions apply. Located in the Arts Condominium with building amenities that include a 24-hour front desk concierge, elevators, a stunning lobby with secure entry, fitness center, resident lounge with TV and couches, and laundry room.

Last Agent to Rent the Property

Allen Kravitz

Kurfiss Sotheby's International Realty License #RS349277 Listed on: 06/18/2024

Kurfiss Sotheby's International Realty

Last Renter's Agent

Allen Kravitz

Kurfiss Sotheby's International Realty License #RS349277 Listed on: 06/18/2024

Kurfiss Sotheby's International Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,362

Year Built

  • Built in 1900

Home Design

  • Masonry

Interior Spaces

  • 1 Full Bathroom
  • 318 Sq Ft Home
  • Property has 1 Level
  • Partially Furnished

Additional Features

  • Accessible Elevator Installed
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,250
  • $300 Move-In Fee
  • Rent includes electricity
  • No Smoking Allowed
  • 12-Month Min and 36-Month Max Lease Term
  • Available 6/18/24
  • Assessor Parcel Number 888115900

Community Details

Overview

  • High-Rise Condominium
  • Center City Subdivision

Amenities

  • Doorman
  • Laundry Facilities

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Deposit $500

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,362

Year Built

Built in 1900

Lot Details

0

Rental Info

  • Date Available: 2024-06-18
  • Furnished: Partially
  • Pet Deposit: 500.00
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Rent Includes: Electricity
  • Security Deposit: 1250.00
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Max Lease in Months: 36
  • Min Lease in Months: 12
  • Lease Link U R L: https://apply.link/3VmPLr6
  • Move In Fee: 300.00
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Accessibility Features: Elevator
  • Inclusions: Any furniture currently in the unit
  • New Construction: No
  • Story List: Main
  • Year Built: 1900
  • Automatically Close On Close Date: Yes
  • Remarks Public: Available NOW: Welcome to 1324 Locust St #1508! This is a fantastic Studio, 1 bathroom condominium located in the incredible Arts Condominium with ALL UTILITIES INCLUDED and unbelievable building amenities. This 15th Floor unit welcomes you into a hallway with your bathroom to the left and your living space straight ahead. This main living area is spacious and bright with 2 large windows for an airy atmosphere. The kitchenette offers cabinetry, a mini-fridge, hotplate, and sink. Along with a movable wall the acts as both additional storage and a wall to close off your kitchen when it’s not in use. For added connivence there is a Murphy bed that comes included with this unit. The bathroom to view stylish tiling and a shower-tub combo. This unit comes with a brand new air conditioner to make apartment living comfortable. Water, gas, electricity, and internet are included in the monthly rental price. Tenants responsible for in-unit cable and $350 move-in fee. Pets are conditional on owner’s approval and building pet registration and policy: $120 nonrefundable pet registration fee, and $10 freight elevator fee, which must be used for pet transportation. 40lb weight limit for pets and breed restrictions apply. Located in the Arts Condominium with building amenities that include a 24-hour front desk concierge, elevators, a stunning lobby with secure entry, fitness center, resident lounge with TV and couches, and laundry room.
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 15
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 318
  • Living Area Sq Ft: 318
  • Price Per Sq Ft: 3.76
  • Above Grade Finished Sq Ft: 318
  • 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 Type: Forced Air
  • Heating: Yes
  • Security: Doorman
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • 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
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Zoning: CMX5

Tax Info

  • Assessor Parcel Number: 888115900
  • Tax Total Finished Sq Ft: 318
  • Tax Data Updated: No
  • Close Date: 09/14/2024

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2022
Closed on
Oct 13, 2022
Sold by
Patel Praful G
Bought by
Monti Elisa
Seller's Agent
Andy Oei
BHHS Fox & Roach At the Harper, Rittenhouse Square
Buyer's Agent
Devon Caudle
KW Empower
List Price
$107,000
Sold Price
$105,000
Premium/Discount to List
-$2,000
-1.87%
Views
6
Current Estimated Value
$102,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,623
Avg. Annual Appreciation
2.14%
Original Mortgage
$78,000
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2008
Sold by
Arts Tower Development Lp
Bought by
Patel Praful G and Patel Bela P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,900
Interest Rate
5.8%
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
Monti Elisa $104,000 None Listed On Document
Patel Praful G $119,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Monti Elisa $78,000
Previous Owner Patel Praful G $634,900
Previous Owner Patel Praful G $89,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2024 09/14/24 Rented $1,200 +0.4% --
09/09/2024 09/09/24 Under Contract -- -- --
08/31/2024 08/31/24 Price Changed $1,195 -40.1% $4 / Sq Ft
08/30/2024 08/30/24 Price Changed $1,995 +62.9% $6 / Sq Ft
07/21/2024 07/21/24 Price Changed $1,225 -2.0% $4 / Sq Ft
06/18/2024 06/18/24 For Rent $1,250 -3.8% --
05/19/2023 05/19/23 Rented $1,300 0.0% --
04/24/2023 04/24/23 Price Changed $1,300 -7.1% $4 / Sq Ft
03/06/2023 03/06/23 For Rent $1,400 0.0% --
10/10/2022 10/10/22 Sold $105,000 0.0% $330 / Sq Ft
09/28/2022 09/28/22 Pending -- -- --
08/19/2022 08/19/22 Price Changed $105,000 -1.9% $330 / Sq Ft
06/13/2022 06/13/22 For Sale $107,000 0.0% $336 / Sq Ft
08/26/2015 08/26/15 Rented $1,000 +0.5% --
08/24/2015 08/24/15 Under Contract -- -- --
07/07/2015 07/07/15 For Rent $995 0.0% --
07/15/2014 07/15/14 Rented $995 0.0% --
07/09/2014 07/09/14 Under Contract -- -- --
06/17/2014 06/17/14 For Rent $995 +1.5% --
07/01/2012 07/01/12 Rented $980 0.0% --
05/16/2012 05/16/12 Under Contract -- -- --
04/04/2012 04/04/12 For Rent $980 -- --
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 $1,362 $97,300 $8,800 $88,500
2024 $1,362 $97,300 $8,800 $88,500
2023 $1,362 $97,300 $8,800 $88,500
2022 $1,323 $97,300 $8,800 $88,500
2021 $1,323 $0 $0 $0
2020 $1,323 $0 $0 $0
2019 $1,285 $0 $0 $0
2018 $1,212 $0 $0 $0
2017 $1,212 $0 $0 $0
2016 $924 $0 $0 $0
2015 $884 $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: PAPH2367520

Bright MLS

APN: 888115900