NOT LISTED FOR SALE

Estimated Value: $88,000 - $97,000

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

Last Sold October 03, 2022

Last sale price $82,500 $230 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,084/month

100 Days on Market

Highlights

  • Concierge
  • 3-minute walk to 12Th-13Th & Locust St
  • Open Floorplan
  • Fitness Center
  • City View
  • Contemporary Architecture

About This Home

As of October 2022

A one-of-a-kind, beautifully renovated, FULLY FURNISHED Studio with Full Kitchen.
(***included in sale: Furniture, TV, and appliances as-is. See list attached and below). *** Monthly HOA Includes Electric, Water, Internet, Air, Heat, on-sight Property Management, Community maintenance, and more! *** ……This turn-key studio offers everything - Just pack your bags and move in, use it as a pied et terre, or as an investment (Tenant occupied till 9/30/22 w/ mo. to mo. agreement). Furnished with a Kitchen Island, bar stools, 32 in. flat-screen TV, a 2-Tiered Loft bed converts to a love seat (Twin Mattress), a Black faux leather armchair, free standing wardrobe closet, cast iron end table, TV cabinet, Wall art. ........Home features Laminate flooring, a full kitchen equipped an electric range/oven, a full refrigerator with ice maker, microwave, toaster oven, ample counter space, cabinets, and recessed lighting. There is an in-unit air system, radiator heat, high ceilings with ceiling fan and a closet with mirrored door. Two large windows boast Western city views of the Kimmel Center. The 3 piece tiled bathroom features a tub, pedestal sink, mirrored medicine and wall cabinets ..... The Arts Condo, a pet friendly, 16 story high-rise located in the heart of Center City offers secured access entry with wheelchair accessibility, 24-hour front desk concierge, on-site professional management, a grand lobby w/ business terminals, fitness center, community room, on-site card and mobile app operated laundry facility, 24-hour emergency maintenance, and bike storage (added fee). ….. Located between the hip and trendy Midtown Village district and the famed Avenue of the Arts where you will be immersed in the center of it all. Walking distance Center City's dining, businesses, shopping, luxurious parks, theaters, UARTS, Jefferson University and Hospital, Drexel Med, and close to Temple University. All forms of public transportation and multiple parking options right outside your door. At The Arts Condo, there is nothing out of reach!!

Last Listed By

Dawn Marie Secreto

Mercury Real Estate Group License #RS324870 Listed on: 05/16/2022

Mercury Real Estate Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,291

Year Built

  • Built in 1900

Lot Details

  • Downtown Location
  • Property is in excellent condition

HOA Fees

  • $463 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Masonry

Interior Spaces

  • 358 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Efficiency Studio
  • Laminate Flooring
  • Surveillance System

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Full Bathroom
  • Bathtub with Shower

Utilities

  • Central Air
  • Radiator
  • Heating System Uses Bio Fuel
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 888115634

Community Details

Overview

  • $350 Elevator Use Fee
  • $2,317 Capital Contribution Fee
  • Association fees include electricity, heat, water, management, common area maintenance, air conditioning, health club, snow removal, trash, high speed internet
  • The Arts Condominium Association
  • High-Rise Condominium
  • Arts Condominium Community
  • Avenue Of The Arts Subdivision
  • Property Manager

Amenities

  • Concierge
  • Community Center
  • Laundry Facilities
  • Elevator

Recreation

Pet Policy

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

Security

  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,291

Year Built

Built in 1900

Lot Details

0

HOA Fees

$463 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Exclusions: Tenant's Personal Items
  • Inclusions: FURNITURE included as-is condition (SEE LIST ATTACHED), ELECTRIC RANGE/OVEN, REFRIGERATOR, CEILING FAN, MICROWAVE, TOASTER OVEN all as-is condition
  • New Construction: No
  • Story List: Main
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: A one-of-a-kind, beautifully renovated, FULLY FURNISHED Studio with Full Kitchen. (***included in sale: Furniture, TV, and appliances as-is. See list attached and below). *** Monthly HOA Includes Electric, Water, Internet, Air, Heat, on-sight Property Management, Community maintenance, and more! *** ……This turn-key studio offers everything - Just pack your bags and move in, use it as a pied et terre, or as an investment (Tenant occupied till 9/30/22 w/ mo. to mo. agreement). Furnished with a Kitchen Island, bar stools, 32 in. flat-screen TV, a 2-Tiered Loft bed converts to a love seat (Twin Mattress), a Black faux leather armchair, free standing wardrobe closet, cast iron end table, TV cabinet, Wall art. ........Home features Laminate flooring, a full kitchen equipped an electric range/oven, a full refrigerator with ice maker, microwave, toaster oven, ample counter space, cabinets, and recessed lighting. There is an in-unit air system, radiator heat, high ceilings with ceiling fan and a closet with mirrored door. Two large windows boast Western city views of the Kimmel Center. The 3 piece tiled bathroom features a tub, pedestal sink, mirrored medicine and wall cabinets ..... The Arts Condo, a pet friendly, 16 story high-rise located in the heart of Center City offers secured access entry with wheelchair accessibility, 24-hour front desk concierge, on-site professional management, a grand lobby w/ business terminals, fitness center, community room, on-site card and mobile app operated laundry facility, 24-hour emergency maintenance, and bike storage (added fee). ….. Located between the hip and trendy Midtown Village district and the famed Avenue of the Arts where you will be immersed in the center of it all. Walking distance Center City's dining, businesses, shopping, luxurious parks, theaters, UARTS, Jefferson University and Hospital, Drexel Med, and close to Temple University. All forms of public transportation and multiple parking options right outside your door. At The Arts Condo, there is nothing out of reach!!
  • Washer Dryer Hookups YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Microwave, Oven/Range - Electric, Refrigerator
  • Entry Floor: 9
  • Flooring Type: Laminated
  • Interior Amenities: Efficiency, Floor Plan - Open, Kitchen - Eat-In, Recessed Lighting, Ceiling Fan(s), Tub Shower
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 358
  • Living Area Sq Ft: 358
  • Price Per Sq Ft: 251.12
  • Above Grade Finished Sq Ft: 358
  • 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
  • View: City
  • 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 Fuel: Bio Fuel
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Security: Desk In Lobby, Security System, Surveillance Sys
  • 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
  • Elevator Use Fee: 350.00
  • HOA Condo Co-Op Amenities: Community Center, Concierge, Elevator, Fitness Center, Laundry Facilities
  • HOA Condo Co-Op Fee Includes: Electricity, Heat, Water, Management, Common Area Maintenance, Air Conditioning, Health Club, Snow Removal, Trash, High Speed Internet
  • HOA Name: THE ARTS CONDOMINIUM ASSOCIATION
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 2317.20

Schools

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

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Excellent, Very Good
  • Year Assessed: 2023
  • Zoning: CMX5

Rental Info

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

Tax Info

  • Assessor Parcel Number: 4834001
  • Tax Annual Amount: 1290.61
  • Assessor Parcel Number: 888115634
  • Tax Year: 2022
  • Close Date: 10/03/2022

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2022
Closed on
Sep 21, 2022
Sold by
Diprimio Joseph J
Bought by
Amar Holdings Llc
Seller's Agent
Dawn Marie Secreto
Mercury Real Estate Group
Buyer's Agent
Patrick Conway
BHHS Fox & Roach-Center City Walnut
List Price
$98,000
Sold Price
$82,500
Premium/Discount to List
-$15,500
-15.82%
Total Days on Market
100
Views
6
Current Estimated Value
$91,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,148
Avg. Annual Appreciation
7.75%

Purchase Details

Closed on
Mar 7, 2008
Sold by
Arts Tower Development Lp
Bought by
Diprimio Joseph J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,520
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

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
Amar Holdings Llc $82,500 --
Diprimio Joseph J $111,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Diprimio Joseph J $88,600
Previous Owner Diprimio Joseph J $89,520
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2022 10/03/22 Sold $82,500 -8.2% $230 / Sq Ft
08/24/2022 08/24/22 Pending -- -- --
07/29/2022 07/29/22 Price Changed $89,900 -8.3% $251 / Sq Ft
05/16/2022 05/16/22 For Sale $98,000 0.0% $274 / Sq Ft
07/01/2021 07/01/21 Rented $950 0.0% --
05/12/2021 05/12/21 Under Contract -- -- --
04/27/2021 04/27/21 Price Changed $950 -9.5% $3 / Sq Ft
03/24/2021 03/24/21 For Rent $1,050 +2.4% --
03/25/2019 03/25/19 Rented $1,025 0.0% --
02/13/2019 02/13/19 Price Changed $1,025 -14.2% --
02/13/2019 02/13/19 For Rent $1,195 +19.5% --
07/01/2016 07/01/16 Rented $1,000 0.0% --
05/24/2016 05/24/16 Under Contract -- -- --
05/19/2016 05/19/16 For Rent $1,000 -- --
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 $1,291 $92,200 $8,200 $84,000
2024 $1,291 $92,200 $8,200 $84,000
2023 $1,291 $92,200 $8,200 $84,000
2022 $1,268 $92,200 $8,200 $84,000
2021 $1,268 $0 $0 $0
2020 $1,268 $0 $0 $0
2019 $1,232 $0 $0 $0
2018 $1,173 $0 $0 $0
2017 $1,173 $0 $0 $0
2016 $1,036 $0 $0 $0
2015 $992 $0 $0 $0
2014 -- $74,000 $5,700 $68,300
2012 -- $5,984 $1,184 $4,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2116986

Bright MLS

APN: 888115634