$1,425,000
SOLD OCT 31, 2024
4 Beds
4.5 Baths
4,750 Sq Ft
1,044 Sq Ft Lot

Recently Sold

$300 Per Sq Ft

5% Below List Price

12 Days on Market

Highlights

  • New Construction
  • 1-minute walk to Lombard-South
  • 1 Fireplace
  • Midcentury Modern Architecture
  • Wood Flooring
  • No HOA

About This Home

As of October 2024

1355 Kater Street is a modern 26 feet wide new construction townhome located in the highly sought-after Bella Vista neighborhood. This home takes luxury city living to the next level with custom finishes and stunning architectural details on every floor. Fully equipped with 4 bedrooms, 4.5 bathrooms, Savant Smart Home System, 2 car garage with electric car charging, and a 6-stop elevator. This home features a distinctive brick screen facade, a sleek kitchen with Fisher Paykel appliances and European Cabinetry, 10’ ceilings, recessed trim work, a fully finished basement, custom built-in closets, multiple wet bars & outdoor spaces, a fireplace with custom blackened steel surround, custom designed metal work throughout, and so much more. All bedrooms have in-suite bathrooms. The primary bathroom is exquisitely curated with Porcelanosa tiles, a heated bathroom floor, and a steam shower system. The spacious primary bedroom leads to a private courtyard. There is also a private rooftop deck, and wired for outdoor entertainment. In a prime location, this home is nestled in the heart of Center City Philadelphia. In walking distance to Broad Street, public transportation, and some of the most popular restaurants in Philadelphia. There is a full 10 Year Tax Abatement for the property as well!

Last Agent to Sell the Property

Matthew Milano

KW Empower Listed on: 09/25/2024

KW Empower

Last Buyer's Agent

Arvind Balaji

KW Empower

KW Empower

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,560

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 1,044 Sq Ft Lot
  • Lot Dimensions are 26.00 x 40.00
  • Property is in excellent condition

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Midcentury Modern Architecture
  • Masonry

Interior Spaces

  • Property has 4 Levels
  • 1 Fireplace
  • Wood Flooring
  • Finished Basement

Kitchen

  • <<builtInRangeToken>>
  • <<builtInMicrowave>>

Bedrooms and Bathrooms

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Bella Vista Subdivision

Listing and Financial Details

  • Tax Lot 244
  • Assessor Parcel Number 023176910

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,560

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Mid-Century Modern
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Year Built: 2023
  • Year Renovated: 2023
  • Automatically Close On Close Date: No
  • Remarks Public: 1355 Kater Street is a modern 26 feet wide new construction townhome located in the highly sought-after Bella Vista neighborhood. This home takes luxury city living to the next level with custom finishes and stunning architectural details on every floor. Fully equipped with 4 bedrooms, 4.5 bathrooms, Savant Smart Home System, 2 car garage with electric car charging, and a 6-stop elevator. This home features a distinctive brick screen facade, a sleek kitchen with Fisher Paykel appliances and European Cabinetry, 10’ ceilings, recessed trim work, a fully finished basement, custom built-in closets, multiple wet bars & outdoor spaces, a fireplace with custom blackened steel surround, custom designed metal work throughout, and so much more. All bedrooms have in-suite bathrooms. The primary bathroom is exquisitely curated with Porcelanosa tiles, a heated bathroom floor, and a steam shower system. The spacious primary bedroom leads to a private courtyard. There is also a private rooftop deck, and wired for outdoor entertainment. In a prime location, this home is nestled in the heart of Center City Philadelphia. In walking distance to Broad Street, public transportation, and some of the most popular restaurants in Philadelphia. There is a full 10 Year Tax Abatement for the property as well!
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Cooktop
  • Flooring Type: Hardwood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 4
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 4750
  • Living Area Sq Ft: 4750
  • Price Per Sq Ft: 375.00
  • Above Grade Finished Sq Ft: 4000
  • Below Grade Finished Sq Ft: 750
  • Total Below Grade Sq Ft: 750
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1355

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Upper Level 2 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Construction Completed: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Land Use Code: O50
  • Lot Size Acres: 0.02
  • Lot Dimensions: 26.00 x 40.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1044.00
  • Property Condition: Excellent
  • Year Assessed: 2024
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 3113.00
  • Tax Annual Amount: 5560.00
  • Assessor Parcel Number: 023176910
  • Tax Lot: 244
  • Tax Total Finished Sq Ft: 1239
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 10/31/2024

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2024
Closed on
Oct 31, 2024
Sold by
M99 Llc
Bought by
Haroutounian Gregory
Seller's Agent
Matthew Milano
KW Empower
Buyer's Agent
Arvind Balaji
KW Empower
List Price
$1,500,000
Sold Price
$1,425,000
Premium/Discount to List
-$75,000
-5%
Views
15
Current Estimated Value
$1,209,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$215,309
Avg. Annual Appreciation
-4.96%
Original Mortgage
$1,140,000
Outstanding Balance
$1,133,855
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$242,028

Purchase Details

Listed on
Feb 18, 2020
Closed on
May 14, 2020
Sold by
Thomas William
Bought by
M99 Llc
Seller's Agent
Jennifer Geddes
KW Empower
Buyer's Agent
Scott Scuderi
OCF Realty LLC - Philadelphia
List Price
$474,990
Sold Price
$440,000
Premium/Discount to List
-$34,990
-7.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.54%
Original Mortgage
$1,020,000
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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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 $1,425,000 None Listed On Document
Deed $440,000 Land Services Usa Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,140,000 New Conventional
Previous Owner $1,020,000 Future Advance Clause Open End Mortgage
Previous Owner $25,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2024 10/31/24 Sold $1,425,000 -5.0% $300 / Sq Ft
10/07/2024 10/07/24 Pending -- -- --
09/25/2024 09/25/24 For Sale $1,500,000 +240.9% $316 / Sq Ft
06/04/2020 06/04/20 Sold $440,000 -7.4% $355 / Sq Ft
02/27/2020 02/27/20 Pending -- -- --
02/18/2020 02/18/20 For Sale $474,990 -- $383 / 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 $5,560 $438,300 $87,660 $350,640
2024 $5,560 $438,300 $87,660 $350,640
2023 $5,560 $397,200 $79,440 $317,760
2022 $4,894 $397,200 $79,440 $317,760
2021 $1,949 $0 $0 $0
2020 $1,949 $0 $0 $0
2019 $1,949 $0 $0 $0
2018 $1,949 $0 $0 $0
2017 $1,949 $0 $0 $0
2016 $1,949 $0 $0 $0
2015 $1,865 $0 $0 $0
2014 -- $252,000 $55,620 $196,380
2012 -- $14,848 $3,700 $11,148
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2398652

Bright MLS

APN: 023176910