NOT LISTED FOR SALE

The Residences at the Ritz-Carlton 1414 S Penn Square Unit 17D Philadelphia, PA 19102

Center City West Neighborhood

Estimated Value: $586,000 - $755,000

1 Bed
1.5 Baths
1,050 Sq Ft
$1,211/mo HOA Fee

Last Sold February 17, 2021

Last sale price $600,000 $571 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,505/month

Highlights

  • Concierge
  • 1-minute walk to 15Th Street
  • Transportation Service
  • Fitness Center
  • 24-Hour Security
  • 2-minute walk to Dilworth Park

About This Home

As of February 2021

Contact us for an in-person showing today! The Ritz-Carlton Residences is extraordinary living with world-class service and amenities. Presenting a coveted 1 bedroom, 1.5 bathroom unit with magnificent views of City Hall. From the floor-to-ceiling windows of the 17th floor, enjoy sunlit breakfasts and twilight musings while as if floating above the city below. The expansive open floor plan offers views from every space, including the luxuriously equipped kitchen with custom Sub-Zero refrigerator, Viking gas range, Miele dishwasher, and Bosch microwave. The residence features added luxury in the Carrera marble master en-suite bath with walk-in shower, soaking tub, and dual sinks. The Ritz-Carlton Residences amenities include a fitness center, yoga room, indoor pool, club room, media room, expansive terrace, chauffeured private car, 24 hour concierge and doorman, and select The Ritz-Carlton Hotel services at your private residence. Resident hallways are currently being fully renovated.

Last Agent to Sell the Property

Andrea Desy Edrei

(917) 968-7848 andreasellsnyc@gmail.com SERHANT PENNSYLVANIA LLC License #RS279858 Listed on: 06/21/2020

SERHANT PENNSYLVANIA LLC

Co-Listed By

JENNIFER RHEE

(267) 266-7044 jennrhee@serhant.com SERHANT PENNSYLVANIA LLC License #RS333583

Last Buyer's Agent

John Kuester

(610) 883-3960 john@johnphl.com Fusion PHL Realty, LLC License #RS313954

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,992

Year Built

  • Built in 2009

HOA Fees

  • $1,211 Monthly HOA Fees

Home Design

  • Entry on the 17th floor
  • Masonry

Interior Spaces

  • 1,050 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Window Treatments
  • Wood Flooring
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • En-Suite Bathroom
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Accessible Home Design

  • Halls are 36 inches wide or more
  • Doors are 32 inches wide or more

Utilities

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

Listing and Financial Details

  • Tax Lot 297
  • Assessor Parcel Number 888095076

Community Details

Overview

  • $1,211 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, health club, pool(s), trash, water, insurance
  • High-Rise Condominium
  • The Ritz Carlton Residences Condos
  • Center City Subdivision

Amenities

  • Concierge
  • Doorman
  • Transportation Service
  • Common Area
  • Meeting Room
  • Party Room
  • Elevator

Recreation

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed
  • Breed Restrictions

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,992

Year Built

Built in 2009

Lot Details

0

HOA Fees

$1,211 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: 32"+ Wide Doors, 36"+ Wide Halls
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 2009
  • Automatically Close On Close Date: No
  • Remarks Public: Contact us for an in-person showing today! The Ritz-Carlton Residences is extraordinary living with world-class service and amenities. Presenting a coveted 1 bedroom, 1.5 bathroom unit with magnificent views of City Hall. From the floor-to-ceiling windows of the 17th floor, enjoy sunlit breakfasts and twilight musings while as if floating above the city below. The expansive open floor plan offers views from every space, including the luxuriously equipped kitchen with custom Sub-Zero refrigerator, Viking gas range, Miele dishwasher, and Bosch microwave. The residence features added luxury in the Carrera marble master en-suite bath with walk-in shower, soaking tub, and dual sinks. The Ritz-Carlton Residences amenities include a fitness center, yoga room, indoor pool, club room, media room, expansive terrace, chauffeured private car, 24 hour concierge and doorman, and select The Ritz-Carlton Hotel services at your private residence. Resident hallways are currently being fully renovated.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Stainless Steel Appliances
  • Entry Floor: 17
  • Flooring Type: Hardwood
  • Interior Amenities: Flat, Floor Plan - Open, Primary Bath(s), Soaking Tub, Stall Shower, Window Treatments, Wood Floors
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1050
  • Living Area Sq Ft: 1050
  • Price Per Sq Ft: 609.52
  • Above Grade Finished Sq Ft: 1050
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1414

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • 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: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: 24 Hour Security, Doorman
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1211.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Ritz-Carlton Residences
  • HOA Condo Co-Op Amenities: Common Grounds, Concierge, Elevator, Exercise Room, Fitness Center, Meeting Room, Party Room, Pool - Indoor, Transportation Service
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Health Club, Pool(s), Trash, Water, Insurance
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 1211.00

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: 656700.00
  • Land Assessed Value: 57100.00
  • Land Use Code: 591
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2020
  • Zoning: CMX5

Rental Info

  • Lease Considered: No
  • Pets: Number Limit, Breed Restrictions, Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5850357
  • School Tax: 5483.00
  • Tax Annual Amount: 9992.00
  • Assessor Parcel Number: 888095076
  • Tax Lot: 297
  • Tax Total Finished Sq Ft: 1050
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 02/17/2021

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2020
Closed on
Feb 4, 2021
Sold by
Li Xiaopeng
Bought by
Bharany Neeraj and Bharany Menakshi
Seller's Agent
Andrea Desy Edrei
SERHANT PENNSYLVANIA LLC
Buyer's Agent
John Kuester
Fusion PHL Realty, LLC
List Price
$670,000
Sold Price
$600,000
Premium/Discount to List
-$70,000
-10.45%
Current Estimated Value
$668,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,110
Avg. Annual Appreciation
4.94%
Original Mortgage
$480,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2019
Sold by
Wu Zixiang
Bought by
Li Xiaopeng

Purchase Details

Listed on
Oct 13, 2013
Closed on
Nov 15, 2013
Sold by
Agc Partners Lp
Bought by
Wu Zixiang
Seller's Agent
Curt Bosson
Kurfiss Sotheby's International Realty
Buyer's Agent
Edward Hsu
HK99 Realty LLC
List Price
$769,250
Sold Price
$692,500
Premium/Discount to List
-$76,750
-9.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.66%
Source: Public Records

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
Bharany Neeraj $600,000 Surety Abstract Services Llc
Li Xiaopeng -- None Available
Wu Zixiang $692,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bharany Neeraj $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2021 02/17/21 Sold $600,000 -6.3% $571 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
12/08/2020 12/08/20 Price Changed $640,000 -4.5% $610 / Sq Ft
06/21/2020 06/21/20 For Sale $670,000 -3.2% $638 / Sq Ft
11/15/2013 11/15/13 Sold $692,500 -10.0% $660 / Sq Ft
10/15/2013 10/15/13 Pending -- -- --
10/13/2013 10/13/13 For Sale $769,250 -- $733 / 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 $9,192 $656,700 $52,500 $604,200
2024 $9,192 $656,700 $52,500 $604,200
2023 $9,192 $656,700 $52,500 $604,200
2022 $9,595 $656,700 $52,500 $604,200
2021 $9,992 $0 $0 $0
2020 $9,992 $0 $0 $0
2019 $9,253 $0 $0 $0
2018 $644 $0 $0 $0
2017 $644 $0 $0 $0
2016 $151 $0 $0 $0
2015 $151 $0 $0 $0
2014 -- $479,000 $11,300 $467,700
2012 -- $34,112 $4,672 $29,440
Source: Public Records

Agents Affiliated with this Home

  • Andrea Desy Edrei

    Seller's Agent in 2021

    Andrea Desy Edrei

    SERHANT PENNSYLVANIA LLC

    (917) 968-7848

    17 in this area

    64 Total Sales

    Andrea Desy Edrei
    Section Image
  • JENNIFER RHEE

    Seller Co-Listing Agent in 2021

    JENNIFER RHEE

    SERHANT PENNSYLVANIA LLC

    (267) 266-7044

    13 in this area

    60 Total Sales

    JENNIFER RHEE
    Section Image
  • John Kuester

    Buyer's Agent in 2021

    John Kuester

    Fusion PHL Realty, LLC

    (610) 883-3960

    2 in this area

    641 Total Sales

    John Kuester
    Section Image

  • C

    Seller's Agent in 2013

    Curt Bosson

    Kurfiss Sotheby's International Realty

    Section Image
  • Katerina Dimitriadis

    Seller Co-Listing Agent in 2013

    Katerina Dimitriadis

    Kurfiss Sotheby's International Realty

    (610) 203-2747

    12 in this area

    28 Total Sales

    Katerina Dimitriadis
    Section Image

  • E

    Buyer's Agent in 2013

    Edward Hsu

    HK99 Realty LLC

    (215) 316-6097

    3 Total Sales

    Edward Hsu
    Section Image
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About The Residences at the Ritz-Carlton

Map

Source: Bright MLS

MLS Number: PAPH906892

Bright MLS

APN: 888095076

Pennsylvania Philadelphia County Philadelphia 19102 Center City West

1414 S Penn Square Unit 17D, Philadelphia, PA

This home is located at 1414 S Penn Square Unit 17D, Philadelphia, PA 19102 since 21 June 2020 and is currently estimated at $668,110, approximately $636 per square foot. This property was built in 2009. 1414 S Penn Square Unit 17D is a home located in Philadelphia County with nearby schools including Albert M Greenfield School, Benjamin Franklin High School, and Freire Middle School.

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