NOT LISTED FOR SALE

The Arts Condominium 1324 Locust St Unit 507 Philadelphia, PA 19107

Washington Square West Neighborhood

Estimated Value: $75,000 - $77,000

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

Last Sold May 19, 2023

Last sale price $80,000 $252 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $966/month

299 Days on Market

Highlights

  • Clubhouse
  • 3-minute walk to 12Th-13Th & Locust St
  • En-Suite Primary Bedroom
  • Wood Flooring
  • Living Room
  • 90% Forced Air Heating and Cooling System

About This Home

As of May 2023

Welcome to the Studio unit in Arts Condominium located at the heart of the Philadelphia Center City.

This Classic High Rise is close to SEPTA Orange line & NJ PATCO high-speed line station, you can walk everywhere. Tons of Restaurants, bars, theaters, shoppings, galleries and parks.

An awesome opportunity to own this cute condo with high ceilings, 2 large windows (lots of natural lights), City views, 24 hours security and a fitness center.

This unit have central air and the window view is not blocked by another building. Come take a look.

Last Agent to Sell the Property

Stacie Cao

Prinxess Realty License #RM421652 Listed on: 07/10/2022

Last Buyer's Agent

Jermaine Parker

Coldwell Banker Realty License #RS346632

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,350

Year Built

  • Built in 1936 | Remodeled in 2006

HOA Fees

  • $463 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 318 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room
  • Wood Flooring
  • Laundry in Basement

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Utilities

  • 90% Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 140
  • Assessor Parcel Number 888115378

Community Details

Overview

  • $2,317 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, snow removal, trash, electricity, heat, water, sewer, health club, alarm system
  • $350 Other One-Time Fees
  • The Arts Condominium HOA
  • Mid-Rise Condominium
  • Washington Sq West Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,350

Year Built

Built in 1936 | Remodeled in 2006

Lot Details

0

HOA Fees

$463 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Ownership: Condominium
  • Exclusions: Tenant's Property
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1936
  • Year Renovated: 2006
  • Automatically Close On Close Date: Yes
  • Remarks Public: Welcome to the Studio unit in Arts Condominium located at the heart of the Philadelphia Center City. This Classic High Rise is close to SEPTA Orange line & NJ PATCO high-speed line station, you can walk everywhere. Tons of Restaurants, bars, theaters, shoppings, galleries and parks. An awesome opportunity to own this cute condo with high ceilings, 2 large windows (lots of natural lights), City views, 24 hours security and a fitness center. This unit have central air and the window view is not blocked by another building. Come take a look.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 1
  • Flooring Type: Wood
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Floors In Unit Count: 5
  • Levels Count: 1
  • Room Count: 2
  • Room List: Living Room, Primary Bedroom, Kitchen
  • Basement: No
  • Laundry Type: Basement, Shared
  • Total Sq Ft: 318
  • Living Area Sq Ft: 318
  • Price Per Sq Ft: 264.15
  • 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
  • Construction Materials: Brick, Stone
  • Exterior Features: Sidewalks, Street Lights
  • 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: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 463.44
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Snow Removal, Trash, Electricity, Heat, Water, Sewer, Health Club, Alarm System
  • HOA Name: THE ARTS CONDOMINIUM
  • HOA: Yes
  • 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

  • Improvement Assessed Value: 4256.00
  • Land Assessed Value: 1056.00
  • Land Use Code: 590
  • Zoning: C5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4833873
  • Tax Annual Amount: 1350.00
  • Assessor Parcel Number: 888115378
  • Tax Lot: 140
  • Tax Year: 2011
  • Close Date: 05/19/2023

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2025
Sold by
Triad 1 Llc
Bought by
Mandell Colin
Current Estimated Value
$74,372

Purchase Details

Closed on
Oct 3, 2024
Sold by
Tanner Jamie
Bought by
Triad I Llc

Purchase Details

Closed on
Jun 6, 2024
Sold by
Tanner Jamie
Bought by
Wbh Properties Llc

Purchase Details

Listed on
Jul 10, 2022
Closed on
May 13, 2023
Sold by
Annenberg Eve
Bought by
Tanner Jamie
Seller's Agent
Stacie Cao
Prinxess Realty
Buyer's Agent
Jermaine Parker
Coldwell Banker Realty
List Price
$95,000
Sold Price
$80,000
Premium/Discount to List
-$15,000
-15.79%
Views
114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.99%

Purchase Details

Listed on
Sep 13, 2013
Closed on
May 30, 2014
Sold by
Mccarron Robert T and Mccarron Catherine M
Bought by
Annenberg Eve
Seller's Agent
Timothy Garrity
Real of Pennsylvania
Buyer's Agent
Fred Musilli
DJCRE Inc.
List Price
$90,000
Sold Price
$80,000
Premium/Discount to List
-$10,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%

Purchase Details

Closed on
Nov 1, 2006
Sold by
Arts Tower Development Lp
Bought by
Mccarron Robert T and Mccarron Catherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,731
Interest Rate
6.5%
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
Mandell Colin $74,500 None Listed On Document
Mandell Colin $74,500 None Listed On Document
Triad I Llc $45,000 None Listed On Document
Wbh Properties Llc $45,000 None Listed On Document
Tanner Jamie $80,000 Title Services
Annenberg Eve $80,000 None Available
Mccarron Robert T $139,664 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccarron Robert T $111,731
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2023 05/19/23 Sold $80,000 -4.8% $252 / Sq Ft
04/09/2023 04/09/23 Price Changed $84,000 -0.6% $264 / Sq Ft
03/06/2023 03/06/23 Price Changed $84,500 -0.6% $266 / Sq Ft
02/15/2023 02/15/23 Price Changed $84,999 0.0% $267 / Sq Ft
07/26/2022 07/26/22 Price Changed $85,000 -10.5% $267 / Sq Ft
07/10/2022 07/10/22 For Sale $95,000 +18.8% $299 / Sq Ft
06/02/2014 06/02/14 Sold $80,000 -11.1% $252 / Sq Ft
03/31/2014 03/31/14 Pending -- -- --
03/04/2014 03/04/14 For Sale $90,000 +12.5% $283 / Sq Ft
03/04/2014 03/04/14 Off Market $80,000 -- --
10/12/2013 10/12/13 Price Changed $90,000 -8.6% $283 / Sq Ft
09/13/2013 09/13/13 For Sale $98,500 -- $310 / 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 $1,106 $79,000 $7,000 $72,000
2024 $1,106 $79,000 $7,000 $72,000
2023 $1,106 $79,000 $7,000 $72,000
2022 $1,088 $79,000 $7,000 $72,000
2021 $1,088 $0 $0 $0
2020 $1,088 $0 $0 $0
2019 $1,067 $0 $0 $0
2018 $1,036 $0 $0 $0
2017 $1,036 $0 $0 $0
2016 $913 $0 $0 $0
2015 $480 $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

  • Stacie Cao

    Seller's Agent in 2023

    Stacie Cao

    Prinxess Realty

    (917) 892-0233

    1 in this area

    22 Total Sales

    Section Image
  • Jermaine Parker

    Buyer's Agent in 2023

    Jermaine Parker

    Coldwell Banker Realty

    (215) 868-4177

    1 in this area

    29 Total Sales

    Section Image
  • Timothy Garrity

    Seller's Agent in 2014

    Timothy Garrity

    Real of Pennsylvania

    (267) 879-2716

    68 Total Sales

    Section Image
  • Fred Musilli

    Buyer's Agent in 2014

    Fred Musilli

    DJCRE Inc.

    (215) 915-8888

    47 Total Sales

    Section Image
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About The Arts Condominium

Map

Source: Bright MLS

MLS Number: PAPH2136974

Bright MLS

APN: 888115378

Pennsylvania Philadelphia County Philadelphia 19107 Washington Square West

1324 Locust St Unit 507, Philadelphia, PA

This home is located at 1324 Locust St Unit 507, Philadelphia, PA 19107 since 10 July 2022 and is currently estimated at $75,933, approximately $238 per square foot. This property was built in 1936. 1324 Locust St Unit 507 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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