NOT LISTED FOR SALE

The Arts Condominium 1324 Locust St Unit 426 Philadelphia, PA 19107

Washington Square West Neighborhood

Estimated Value: $90,000 - $119,000

-- Bed
1 Bath
388 Sq Ft
$501/mo HOA Fee

Last Sold July 11, 2024

Last sale price $91,000 $235 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,165/month

45 Days on Market

Highlights

  • Concierge
  • 3-minute walk to 12Th-13Th & Locust St
  • Wood Flooring
  • Fitness Center
  • Contemporary Architecture
  • Meeting Room

About This Home

As of July 2024

Corner unit with great light and double the windows of a normal studio. The Arts Condominium has a fantastic location just off the Avenue of the Arts (Broad Street) and across from the Academy of Music and a block from the Kimmel Center and other theaters. The charming shops and restaurants of Midtown Village and Walnut Street are just a block away and Thomas Jefferson and Pennsylvania Hospitals are just a 3-4 block walk. The Arts Condominium boasts a 24/7 door person, an elegant entry vestibule and lobby with cathedral ceilings, a fitness center, and a full on-site laundry center. The condominium fee includes heat, air conditioning, water, electricity, and internet. Residents can add Comcast Cable TV on their own account. There are several parking lot and garage options within a block and there are multiple gym options nearby. The building is pet friendly and allows one dog or cat up to forty pounds. There are many public transportation options within a block, including buses, trains, trolley and the Philadelphia Indego Bike Share program.

Last Agent to Sell the Property

Tom Smitley

(215) 868-4874 smitleyt@aol.com Compass RE Listed on: 05/07/2024

Compass RE

Last Buyer's Agent

Naomi Kurzyna

(301) 520-3224 naomisellsyourhome@gmail.com Compass RE License #RS343663

Compass RE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,349

Year Built

  • Built in 1900

HOA Fees

  • $501 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Entry on the 4th floor
  • Flat Roof Shape
  • Masonry

Interior Spaces

  • 1 Full Bathroom
  • 388 Sq Ft Home
  • Property has 1 Level
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Efficiency Studio
  • Wood Flooring
  • Laundry in Basement

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Accessible Home Design

  • Mobility Improvements

Schools

  • Gen. George A. Mccall Elementary School
  • Benjamin Franklin Middle School
  • Benjamin Franklin High School

Utilities

  • Central Air
  • Radiator
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 337
  • Assessor Parcel Number 888115352

Community Details

Overview

  • $2,506 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, snow removal, trash, electricity, heat, water, sewer, health club, management
  • Arts Condo HOA
  • High-Rise Condominium
  • The Arts Condominium Condos
  • Arts Condo Community
  • Washington Sq West Subdivision
  • Property Manager

Amenities

  • Concierge
  • Meeting Room
  • Laundry Facilities

Recreation

Pet Policy

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

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,349

Year Built

Built in 1900

Lot Details

0

HOA Fees

$501 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Mobility Improvements
  • Ownership: Condominium
  • Exclusions: Tenant's belongings
  • Historic: No
  • Inclusions: Wardrobe and curtains
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Corner unit with great light and double the windows of a normal studio. The Arts Condominium has a fantastic location just off the Avenue of the Arts (Broad Street) and across from the Academy of Music and a block from the Kimmel Center and other theaters. The charming shops and restaurants of Midtown Village and Walnut Street are just a block away and Thomas Jefferson and Pennsylvania Hospitals are just a 3-4 block walk. The Arts Condominium boasts a 24/7 door person, an elegant entry vestibule and lobby with cathedral ceilings, a fitness center, and a full on-site laundry center. The condominium fee includes heat, air conditioning, water, electricity, and internet. Residents can add Comcast Cable TV on their own account. There are several parking lot and garage options within a block and there are multiple gym options nearby. The building is pet friendly and allows one dog or cat up to forty pounds. There are many public transportation options within a block, including buses, trains, trolley and the Philadelphia Indego Bike Share program.
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave
  • Entry Floor: 4
  • Flooring Type: Wood
  • Interior Amenities: Ceiling Fan(s), Kitchen - Eat-In, Efficiency
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room Count: 1
  • Basement: No
  • Laundry Type: Basement, Shared
  • Total Sq Ft: 388
  • Living Area Sq Ft: 388
  • Price Per Sq Ft: 257.22
  • Above Grade Finished Sq Ft: 388
  • 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
  • Roof: Flat
  • 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 Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 501.21
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Arts Condominium
  • HOA Condo Co-Op Amenities: Security, Meeting Room, Laundry Facilities, Fitness Center, Concierge
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Snow Removal, Trash, Electricity, Heat, Water, Sewer, Health Club, Management
  • HOA Name: ARTS CONDO
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 2506.05

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • Elementary School: GEN. GEORGE A. MCCALL SCHOOL
  • Middle School: BENJAMIN FRANKLIN
  • High School: BENJAMIN FRANKLIN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397108
  • School District Source: Listing Agent
  • Elementary School: GEN. GEORGE A. MCCALL SCHOOL
  • High School: BENJAMIN FRANKLIN
  • Middle Or Junior School: BENJAMIN FRANKLIN

Lot Info

  • Land Use Code: 590
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2023
  • Zoning: CMX5

Rental Info

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

Tax Info

  • School Tax: 740.00
  • Tax Annual Amount: 1349.00
  • Assessor Parcel Number: 888115352
  • Tax Lot: 337
  • Tax Total Finished Sq Ft: 388
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 07/11/2024

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2024
Closed on
Jul 8, 2024
Sold by
Zou Iris Jia and Zou Sophia Wanyu
Bought by
Zhai Chloe S
Seller's Agent
Tom Smitley
Compass RE
Buyer's Agent
Naomi Kurzyna
Compass RE
List Price
$105,000
Sold Price
$91,000
Premium/Discount to List
-$14,000
-13.33%
Views
45
Current Estimated Value
$104,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,216
Avg. Annual Appreciation
11.27%

Purchase Details

Listed on
Feb 12, 2019
Closed on
Jun 11, 2019
Sold by
Ung Cheng B
Bought by
Zou Iris Jia and Zou Sophia Wanyu
Seller's Agent
Jin Mei
White Acre Realty
Buyer's Agent
Tom Smitley
Compass RE
List Price
$109,800
Sold Price
$100,000
Premium/Discount to List
-$9,800
-8.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.85%

Purchase Details

Closed on
Jul 30, 2007
Sold by
Arts Tower Development Lp
Bought by
Ung Cheng B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.37%
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
Zhai Chloe S $91,000 Trident Land Transfer
Zou Iris Jia $100,000 None Available
Ung Cheng B $110,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ung Cheng B $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/11/2024 07/11/24 Sold $91,000 -8.8% $235 / Sq Ft
06/17/2024 06/17/24 Price Changed $99,800 -5.0% $257 / Sq Ft
05/07/2024 05/07/24 For Sale $105,000 +5.0% $271 / Sq Ft
06/26/2019 06/26/19 Sold $100,000 -8.9% -- View Prior Sale
05/07/2019 05/07/19 Pending -- -- --
02/12/2019 02/12/19 For Sale $109,800 0.0% --
07/03/2017 07/03/17 Rented $1,000 -4.8% --
07/02/2017 07/02/17 Under Contract -- -- --
02/15/2017 02/15/17 For Rent $1,050 +5.5% --
05/30/2014 05/30/14 Rented $995 0.0% --
05/16/2014 05/16/14 Under Contract -- -- --
03/18/2014 03/18/14 For Rent $995 +2.1% --
06/29/2012 06/29/12 Rented $975 -2.0% --
06/29/2012 06/29/12 Under Contract -- -- --
05/01/2012 05/01/12 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 $1,349 $96,400 $8,600 $87,800
2024 $1,349 $96,400 $8,600 $87,800
2023 $1,349 $96,400 $8,600 $87,800
2022 $1,327 $96,400 $8,600 $87,800
2021 $1,327 $0 $0 $0
2020 $1,327 $0 $0 $0
2019 $3,112 $0 $0 $0
2018 $1,277 $0 $0 $0
2017 $1,277 $0 $0 $0
2016 $1,134 $0 $0 $0
2015 $1,085 $0 $0 $0
2014 -- $81,000 $6,200 $74,800
2012 -- $6,496 $1,312 $5,184
Source: Public Records

Agents Affiliated with this Home

  • Tom Smitley

    Seller's Agent in 2024

    Tom Smitley

    Compass RE

    (215) 868-4874

    20 in this area

    40 Total Sales

    Tom Smitley
    Section Image
  • Naomi Kurzyna

    Buyer's Agent in 2024

    Naomi Kurzyna

    Compass RE

    (301) 520-3224

    7 in this area

    79 Total Sales

    Naomi Kurzyna
    Section Image

  • J

    Seller's Agent in 2019

    Jin Mei

    White Acre Realty

    (215) 327-7372

    3 in this area

    29 Total Sales

    Jin Mei
    Section Image
  • Juliana Martell

    Buyer's Agent in 2017

    Juliana Martell

    Kurfiss Sotheby's International Realty

    (856) 366-0224

    5 in this area

    162 Total Sales

    Juliana Martell
    Section Image
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About The Arts Condominium

Map

Source: Bright MLS

MLS Number: PAPH2347916

Bright MLS

APN: 888115352

Pennsylvania Philadelphia County Philadelphia 19107 Washington Square West

1324 Locust St Unit 426, Philadelphia, PA

This home is located at 1324 Locust St Unit 426, Philadelphia, PA 19107 since 07 May 2024 and is currently estimated at $104,216, approximately $268 per square foot. This property was built in 1900. 1324 Locust St Unit 426 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.

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