$86,000
SOLD APR 26, 2021
-- Bed
1 Bath
316 Sq Ft
$448/mo HOA Fee

Recently Sold

$272 Per Sq Ft

9% Below List Price

147 Days on Market

Highlights

  • Concierge
  • 3-minute walk to 12Th-13Th & Locust St
  • Beauty Salon
  • Fitness Center
  • Contemporary Architecture
  • Community Center

About This Home

As of April 2021

The Arts Condominium building, formerly the historic Sylvania Hotel, is located in the Avenue of the Arts section of Washington Square, just off Broad Street. This beautifully updated studio includes a kitchenette with a larger refrigerator, AC unit, ceiling fan, hardwood floors throughout and bathroom with retro tile and shower. The building features include a 24 hour concierge, wheelchair accessibility, 24 hour fitness center, secured bike storage room, coin operated laundry facility on site, community room, business center, and free wifi in common areas!

Last Agent to Sell the Property

Eric Gerchberg

KW Empower License #RS327734 Listed on: 10/02/2020

KW Empower

Last Buyer's Agent

Melanie Gerchberg

KW Empower License #RS351805

KW Empower

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,113

Year Built

  • Built in 1900

HOA Fees

  • $448 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Masonry

Interior Spaces

  • 1 Full Bathroom
  • 316 Sq Ft Home
  • Property has 1 Level

Accessible Home Design

  • Accessible Elevator Installed
  • Chairlift

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 406
  • Assessor Parcel Number 888115492

Community Details

Overview

  • Association fees include air conditioning, all ground fee, electricity, exterior building maintenance, health club, heat, management, snow removal
  • High-Rise Condominium
  • Avenue Of The Arts Subdivision

Amenities

  • Concierge
  • Beauty Salon
  • Community Center

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,113

Year Built

Built in 1900

Lot Details

0

HOA Fees

$448 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator, Chairlift
  • Ownership: Condominium
  • Inclusions: TV and almost all the furniture in the apartment
  • New Construction: No
  • Story List: Main
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: The Arts Condominium building, formerly the historic Sylvania Hotel, is located in the Avenue of the Arts section of Washington Square, just off Broad Street. This beautifully updated studio includes a kitchenette with a larger refrigerator, AC unit, ceiling fan, hardwood floors throughout and bathroom with retro tile and shower. The building features include a 24 hour concierge, wheelchair accessibility, 24 hour fitness center, secured bike storage room, coin operated laundry facility on site, community room, business center, and free wifi in common areas!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 6
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 316
  • Living Area Sq Ft: 316
  • Price Per Sq Ft: 284.81
  • Above Grade Finished Sq Ft: 316
  • 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
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Central
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 447.64
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Beauty Salon, Concierge, Elevator, Exercise Room, Community Center
  • HOA Condo Co-Op Fee Includes: Air Conditioning, All Ground Fee, Electricity, Ext Bldg Maint, Health Club, Heat, Management, Snow Removal
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 72400.00
  • Land Assessed Value: 7100.00
  • Land Use Code: 590
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2021
  • Zoning: CMX5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4833930
  • School Tax: 611.00
  • Tax Annual Amount: 1113.00
  • Assessor Parcel Number: 888115492
  • Tax Lot: 406
  • Tax Total Finished Sq Ft: 316
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 04/26/2021

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2020
Closed on
Apr 26, 2021
Sold by
Tangchitsumran Kriengsak and Tangchitsumran Jumrang
Bought by
Rios Jeremy
Seller's Agent
Eric Gerchberg
KW Empower
Buyer's Agent
Melanie Gerchberg
KW Empower
List Price
$94,000
Sold Price
$86,000
Premium/Discount to List
-$8,000
-8.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.63%
Original Mortgage
$68,800
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 26, 2016
Closed on
May 23, 2016
Sold by
Schwatz Hugh H and Schwatz Maria Rosa G
Bought by
Sumran Kriengsak Tangchit and Sumran Jumrang Tangchit
Seller's Agent
John Featherman
BHHS Fox & Roach At the Harper, Rittenhouse Square
Buyer's Agent
Joanne Davidow
BHHS Fox & Roach At the Harper, Rittenhouse Square
List Price
$89,900
Sold Price
$88,400
Premium/Discount to List
-$1,500
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.56%

Purchase Details

Closed on
Nov 7, 2007
Sold by
Arts Tower Development Lp
Bought by
Hugh H Schwartz Revocable Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $86,000 None Available
Deed $88,400 None Available
Special Warranty Deed $109,900 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $68,800 New Conventional
Previous Owner $60,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2025 04/28/25 Price Changed $76,900 -3.8% $243 / Sq Ft
03/17/2025 03/17/25 Price Changed $79,900 -10.2% $253 / Sq Ft
03/12/2025 03/12/25 Price Changed $89,000 -6.3% $282 / Sq Ft
02/05/2025 02/05/25 For Sale $95,000 0.0% $301 / Sq Ft
10/29/2024 10/29/24 Off Market $1,200 -- --
09/26/2024 09/26/24 For Rent $1,200 0.0% --
04/26/2021 04/26/21 Sold $86,000 -4.4% $272 / Sq Ft
02/26/2021 02/26/21 Pending -- -- --
02/06/2021 02/06/21 Price Changed $90,000 -4.3% $285 / Sq Ft
10/02/2020 10/02/20 For Sale $94,000 +6.3% $297 / Sq Ft
05/23/2016 05/23/16 Sold $88,400 0.0% $280 / Sq Ft
04/19/2016 04/19/16 Pending -- -- --
03/24/2016 03/24/16 Price Changed $88,400 -1.7% $280 / Sq Ft
02/26/2016 02/26/16 For Sale $89,900 0.0% $284 / Sq Ft
05/28/2015 05/28/15 Rented $950 -5.0% --
05/25/2015 05/25/15 Under Contract -- -- --
04/15/2015 04/15/15 For Rent $1,000 +2.6% --
05/15/2014 05/15/14 Rented $975 -4.9% --
04/29/2014 04/29/14 Under Contract -- -- --
08/11/2013 08/11/13 For Rent $1,025 -- --
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 $1,132 $80,900 $7,200 $73,700
2024 $1,132 $80,900 $7,200 $73,700
2023 $1,132 $80,900 $7,200 $73,700
2022 $1,096 $35,900 $7,200 $28,700
2021 $1,113 $0 $0 $0
2020 $1,113 $79,500 $7,100 $72,400
2019 $1,081 $0 $0 $0
2018 $1,029 $0 $0 $0
2017 $1,029 $0 $0 $0
2016 $924 $0 $0 $0
2015 $884 $0 $0 $0
2014 -- $66,000 $5,000 $61,000
2012 -- $5,280 $1,056 $4,224
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH941678

Bright MLS

APN: 888115492