NOT LISTED FOR SALE

138-40 N Front St Unit 2F Philadelphia, PA 19106

Old City Neighborhood

Estimated Value: $481,000

2 Beds
2 Baths
1,108 Sq Ft
$266/mo HOA Fee

Last Sold May 18, 2018

Last sale price $492,500 $444 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,942/month

205 Days on Market

Highlights

  • Traditional Architecture
  • 1 Car Attached Garage
  • Living Room
  • Balcony
  • Eat-In Kitchen
  • 3-minute walk to Welcome Park

About This Home

As of May 2018

Beautiful 2 bedroom, 2 bathroom condo in the most historic neighborhood in Philadelphia. This 2-year old condo features 1-CAR PARKING on the ground floor, and the building is equipped with an elevator. This luxurious condo was built with elegant and classic features but offers all the modern amenities such as 9ft ceilings, 3 1/2 hand scraped floors, built-in speakers, recessed lighting throughout, and a security/intercom system. The open floor plan starts with a spacious living room which flows to a private balcony where you can drink your morning coffee or evening wine. The large kitchen features Porcelanosa Cabinetry, quartz countertops, stainless steel appliances including a 5 burner gas range, Whirlpool hood, built-in microwave, French door refrigerator, dishwasher, and a kitchen island with pendant lighting. Each bedroom offers large closet space and tons of natural light with floor to ceiling windows. The master bedroom offers a sleek bath with modern tile walk-in shower. There is 8 years left on the property tax abatement program and extremely low condo fees. This unit is right around the corner from one of the most visited blocks in the city on Elfreth's Alley. You can walk to all the great restaurants, coffee shops and many attractions Old City has to offer and easy access and commute to Center City, I-95, Benjamin Franklin bridge and much more.

Last Agent to Sell the Property

Michael McCann

KW Empower License #AB049770L Listed on: 09/11/2017

KW Empower

Co-Listed By

Daniel Evenchen

KW Empower

Last Buyer's Agent

David Snyder

KW Empower License #RS223144L

KW Empower

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $590

Year Built

  • Built in 2014

HOA Fees

  • $266 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Open Parking Space

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,108 Sq Ft Home
  • Living Room
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heating Available
  • Natural Gas Water Heater

Community Details

  • Association fees include common area maintenance, water, insurance
  • Old City Subdivision

Listing and Financial Details

  • Tax Lot 1070
  • Assessor Parcel Number 888500774

Property Details

Home Type

Condominium

Est. Annual Taxes

$590

Year Built

Built in 2014

Lot Details

0

HOA Fees

$266 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Year Built: 2014
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Floors In Unit Count: 2
  • Room List: Living Room, Primary Bedroom, Kitchen, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1108
  • Living Area Sq Ft: 1108
  • Net Sq Ft: 1108.00
  • Price Per Sq Ft: 450.36
  • Above Grade Finished Sq Ft: 1108
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 138-40

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Access To Pool: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 1
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 266.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Water, Insurance
  • HOA: No
  • Senior Community: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Land Use Code: 570
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony
  • Zoning: CMX3

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 590.00
  • Assessor Parcel Number: 888500774
  • Tax Lot: 1070
  • Tax Year: 2018
  • Close Date: 05/18/2018

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2020
Sold by
Fu Lin and Chen Kevin
Bought by
Chen Kevin Neng and Fu Lin Jason
Current Estimated Value
$481,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Outstanding Balance
$370,522
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 11, 2017
Closed on
May 5, 2018
Sold by
Naberzski Eric C
Bought by
Fu Lin and Chen Kevin
Seller's Agent
Michael McCann
KW Empower
Buyer's Agent
David Snyder
KW Empower
List Price
$550,000
Sold Price
$492,500
Premium/Discount to List
-$57,500
-10.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,625
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 1, 2015
Closed on
Aug 1, 2015
Sold by
Atlantic Developments Llc
Bought by
Nabrzeski Eric R
Seller's Agent
Joe Herzog
Compass RE
Buyer's Agent
Noah Ostroff
KW Empower
List Price
$499,000
Sold Price
$468,000
Premium/Discount to List
-$31,000
-6.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.87%
Original Mortgage
$374,400
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2015
Sold by
Atlantic Developments Llc
Bought by
Rettig Elyse Marlyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,250
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2015
Sold by
Atlantic Developments Llc
Bought by
Collard Anthony and Le Lee Kayong Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,250
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2013
Sold by
138 N Front Street Lp
Bought by
Atlantic Developments Llc

Purchase Details

Closed on
Oct 27, 2003
Sold by
Katourtsidis Leontios
Bought by
Vangelis Anastasia
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Chen Kevin Neng -- None Available
Fu Lin $492,500 Great American Abstract Llc
Nabrzeski Eric R $468,000 None Available
Rettig Elyse Marlyn $435,000 North American Title Agency
Collard Anthony $510,000 Fidelity National Title
Atlantic Developments Llc $535,000 Title Services
Vangelis Anastasia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Kevin Neng $416,000
Closed Fu Lin $418,625
Previous Owner Yin Ines $323,000
Previous Owner Nabrzeski Eric R $374,400
Previous Owner Rettig Elyse Marlyn $413,250
Previous Owner Collard Anthony $408,000
Previous Owner Atlantic Developments Llc $1,315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2018 05/18/18 Sold $492,500 -1.3% $444 / Sq Ft
04/04/2018 04/04/18 Pending -- -- --
03/26/2018 03/26/18 Price Changed $499,000 -4.0% $450 / Sq Ft
01/29/2018 01/29/18 Price Changed $520,000 -1.0% $469 / Sq Ft
10/27/2017 10/27/17 Price Changed $525,000 -4.5% $474 / Sq Ft
09/11/2017 09/11/17 For Sale $550,000 +17.5% $496 / Sq Ft
08/19/2015 08/19/15 Sold $468,000 -6.2% $422 / Sq Ft
07/30/2015 07/30/15 Pending -- -- --
06/01/2015 06/01/15 For Sale $499,000 -- $450 / 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 $675 $502,100 $50,100 $452,000
2024 $675 $502,100 $50,100 $452,000
2023 $675 $482,800 $48,200 $434,600
2022 $655 $48,200 $48,200 $0
2021 $655 $0 $0 $0
2020 $655 $0 $0 $0
2019 $631 $0 $0 $0
2018 $590 $0 $0 $0
2017 $590 $0 $0 $0
2016 $1,583 $0 $0 $0
2015 $1,516 $0 $0 $0
2014 -- $113,100 $113,100 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1000319013

Bright MLS

APN: 888500774