NOT LISTED FOR SALE

1405 Frankford Ave Unit 503 Philadelphia, PA 19125

Fishtown Neighborhood

Estimated Value: $454,000 - $531,502

2 Beds
2 Baths
1,091 Sq Ft
$389/mo HOA Fee

Last Sold September 20, 2021

Last sale price $550,000 $504 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $3,024/month

Highlights

  • Open Floorplan
  • Wood Flooring
  • Upgraded Countertops
  • Contemporary Architecture
  • Main Floor Bedroom
  • 3-minute walk to Palmer Park

About This Home

As of September 2021

Here is your chance to live in Prime Fishtown with amazing views of the Ben Franklin bridge and the city skyline. Welcome to Penn Treaty Residences at 1405 Frankford Avenue. Top floor unit with the only large outdoor patio with amazing views private to this unit, two bedrooms with two full bathrooms with many high end fixtures and upgrades. Open floor plan drenched with natural light. Gorgeous white quartz countertops with an extra long island that will seat 5 to 6 people great for entertaining! GE stainless steel appliances including a wall oven microwave combo, cooktop stove and French door refrigerator, wide plank light gray wood floors throughout. In unit laundry. Large spacious master en suite bedroom boasting a large custom-built closet and ultra-modern designed bathroom offer tile flooring and a double vanity with spacious upgraded medicine cabinets and an oversized fully tiled shower with frameless glass doors. Included are two storage units one 3x5 plus another large unit 10x15. A covered deeded parking space close to the building entrance. This beautifully maintained building's amenities include a spacious common roof deck with spectacular 360 views including Center City and the Ben Franklin Bridge, deeded storage bins for each unit and a bike room in the basement, secure key fob entry and of course an elevator. Minutes from La Columbe, Suraya, Kensington Quarters, Ramona Susan's Bake Shop, City Fitness gym and many more hotspots! Rented currently for $3,000/month. 8 years remaining on the tax abatement!!!

Last Agent to Sell the Property

Vickie Davis

(215) 432-2553 vickie.davis@cbpref.com Elfant Wissahickon-Chestnut Hill Listed on: 04/01/2021

Elfant Wissahickon-Chestnut Hill

Last Buyer's Agent

Arvind Balaji

(267) 815-2016 arvind@mccannteam.com KW Empower

KW Empower

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $726

Year Built

  • Built in 2018

Lot Details

  • Sprinkler System
  • Property is in excellent condition

HOA Fees

  • $389 Monthly HOA Fees

Parking

  • Assigned Parking Garage Space

Home Design

  • Contemporary Architecture
  • Entry on the 5th floor
  • Masonry

Interior Spaces

  • 1,091 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Recessed Lighting
  • Window Treatments
  • Dining Area

Kitchen

  • Double Self-Cleaning Oven
  • Built-In Range
  • Range Hood
  • Built-In Microwave
  • ENERGY STAR Qualified Refrigerator
  • Ice Maker
  • ENERGY STAR Qualified Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Dual Flush Toilets
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Front Loading Dryer
  • ENERGY STAR Qualified Washer

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 48 inches wide or more
  • Garage doors are at least 85 inches wide
  • Doors are 32 inches wide or more
  • No Interior Steps
  • More Than Two Accessible Exits

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 113
  • Assessor Parcel Number 888181878

Community Details

Overview

  • $780 Capital Contribution Fee
  • Association fees include common area maintenance, custodial services maintenance, exterior building maintenance, insurance, management, reserve funds, snow removal, trash
  • Mid-Rise Condominium
  • Fishtown Subdivision

Amenities

  • Community Storage Space

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$726

Year Built

Built in 2018

Lot Details

0

HOA Fees

$389 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: >84" Garage Door, 2+ Access Exits, 32"+ Wide Doors, 48"+ Halls, Elevator, No Stairs
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 2018
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Cooktop, Dishwasher, Disposal, Dryer, Dryer - Front Loading, Dual Flush Toilets, Energy Star Clothes Washer, Energy Star Dishwasher, Energy Star Refrigerator, Exhaust Fan, Icemaker, Oven - Double, Oven - Self Cleaning, Range Hood, Stainless Steel Appliances
  • Entry Floor: 5
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior Amenities: Dining Area, Entry Level Bedroom, Floor Plan - Open, Sprinkler System, Stall Shower, Tub Shower, Upgraded Countertops, Window Treatments, Wood Floors, Recessed Lighting, Kitchen - Island
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1091
  • Living Area Sq Ft: 1091
  • Price Per Sq Ft: 549.86
  • Above Grade Finished Sq Ft: 1091
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Exterior Features: Exterior Lighting, Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: No
  • Garage Features: Covered Parking
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Carbon Monoxide Detector(s), Fire Detection System, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Natural Gas Available, Water Available, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 389.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Storage Bin, Extra Storage
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Insurance, Management, Reserve Funds, Snow Removal, Trash
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 780.00

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Assessed Value: 51840.00
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Excellent
  • Zoning: CMX2

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 21942373
  • School Tax: 398.00
  • Tax Annual Amount: 726.00
  • Assessor Parcel Number: 888181878
  • Tax Lot: 113
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
Sep 7, 2021
Sold by
Cristi Defino
Bought by
Chung Chieh-Yu
Seller's Agent
Vickie Davis
Elfant Wissahickon-Chestnut Hill
Buyer's Agent
Arvind Balaji
KW Empower
List Price
$599,900
Sold Price
$550,000
Premium/Discount to List
-$49,900
-8.32%
Current Estimated Value
$488,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$61,624
Avg. Annual Appreciation
-2.85%
Original Mortgage
$459,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 3, 2018
Closed on
Mar 29, 2019
Sold by
Frankford Owner Llc
Bought by
Defino Cristi and Drames Marni
Seller's Agent
Gene Zilberman
Trinity Realty Services
Buyer's Agent
Vickie Davis
Elfant Wissahickon-Chestnut Hill
List Price
$480,000
Sold Price
$520,000
Premium/Discount to List
$40,000
8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.30%
Original Mortgage
$390,000
Interest Rate
4.3%
Mortgage Type
New Conventional
Source: Public Records

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 Buyer Sale Price Title Company
Chung Chieh-Yu $550,000 Great American Abstract
Defino Cristi $520,000 Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chung Chieh-Yu $459,000
Previous Owner Defino Cristi $390,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/20/2021 09/20/21 Sold $550,000 -8.3% $504 / Sq Ft
09/13/2021 09/13/21 Price Changed $599,900 0.0% $550 / Sq Ft
06/25/2021 06/25/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $599,900 +9.1% $550 / Sq Ft
05/07/2021 05/07/21 Off Market $550,000 -- --
04/05/2021 04/05/21 Price Changed $599,900 0.0% $550 / Sq Ft
04/05/2021 04/05/21 For Sale $599,900 +9.1% $550 / Sq Ft
04/01/2021 04/01/21 Off Market $550,000 -- --
04/01/2021 04/01/21 For Sale $499,900 -3.9% $458 / Sq Ft
04/01/2019 04/01/19 Sold $520,000 +8.3% $416 / Sq Ft View Prior Sale
07/03/2018 07/03/18 Pending -- -- --
07/03/2018 07/03/18 For Sale $480,000 -- $384 / 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
2026 $789 $503,300 $60,300 $443,000
2025 $789 $503,300 $60,300 $443,000
2024 $789 $503,300 $60,300 $443,000
2023 $789 $470,400 $56,400 $414,000
2022 $726 $56,400 $56,400 $0
2021 $726 $0 $0 $0
2020 $726 $0 $0 $0
2019 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2021

    Vickie Davis

    Elfant Wissahickon-Chestnut Hill

    (215) 432-2553

    2 in this area

    43 Total Sales

    Vickie Davis
    Section Image
  • Arvind Balaji

    Buyer's Agent in 2021

    Arvind Balaji

    KW Empower

    (267) 815-2016

    23 in this area

    214 Total Sales

    Arvind Balaji
    Section Image

  • G

    Seller's Agent in 2019

    Gene Zilberman

    Trinity Realty Services

    (215) 820-1623

    11 Total Sales

    Gene Zilberman
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH1002180

Bright MLS

APN: 888181878

Pennsylvania Philadelphia County Philadelphia 19125 Fishtown

1405 Frankford Ave Unit 503, Philadelphia, PA

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