$90,000 - $151,000
RENTED SEP 14, 2024

The Arts Condominium 1324 Locust St Unit 1508 Philadelphia, PA 19107

Washington Square West Neighborhood
-- Bed
1 Bath
318 Sq Ft
$350 Price per Sq Ft

Last Sold October 10, 2022

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

Est. 6% increase in value since last sale

Current estimated payment $737/month

About This Home

As of October 2022

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.

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
$111,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,314
Avg. Annual Appreciation
2.24%
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

Range of Values:

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ICE

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Average Value
Not Available
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 -- --

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

  • A

    Seller's Agent in 2024

    Allen Kravitz

    Kurfiss Sotheby's International Realty

    (609) 477-2056

    51 Total Sales

    Allen Kravitz
    Section Image
  • Kristin Daly

    Seller's Agent in 2023

    Kristin Daly

    KW Empower

    (267) 266-8629

    9 in this area

    136 Total Sales

    Kristin Daly
    Section Image

  • D

    Seller Co-Listing Agent in 2023

    Devon Caudle

    KW Empower

    1 in this area

    20 Total Sales

    Devon Caudle
    Section Image
  • Andy Oei

    Seller's Agent in 2022

    Andy Oei

    BHHS Fox & Roach

    (215) 695-5042

    22 in this area

    471 Total Sales

    Andy Oei
    Section Image

  • A

    Seller Co-Listing Agent in 2022

    Adam Bell

    BHHS Fox & Roach

    (267) 694-4394

    2 in this area

    17 Total Sales

    Adam Bell
    Section Image
  • Gregory Eleftherakis

    Seller Co-Listing Agent in 2015

    Gregory Eleftherakis

    Compass RE

    (610) 717-8390

    1 in this area

    57 Total Sales

    Gregory Eleftherakis
    Section Image
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About The Arts Condominium

Map

Pennsylvania Philadelphia County Philadelphia 19107 Washington Square West

1324 Locust St Unit 1508, Philadelphia, PA

Homes for Sale in Philadelphia, PA

This home is located at 1324 Locust St Unit 1508, Philadelphia, PA 19107 and is currently estimated at $111,314, approximately $350 per square foot. 1324 Locust St Unit 1508 is a home located in Philadelphia County with nearby schools including General George A McCall Public School, Benjamin Franklin High School, and Independence Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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