Seller's Agent in 2025
Leah Atlas
SERHANT PENNSYLVANIA LLC
(267) 266-3500
11 in this area
19 Total Sales
The Residences at the Ritz-Carlton 1414 S Penn Square Unit 5F Philadelphia, PA 19102
Center City West Neighborhood
2
Beds
2.5
Baths
1,655
Sq Ft
$2,406/mo
HOA Fee
Highlights
- Concierge
- 1-minute walk to 15Th Street
- 24-Hour Security
- Bar or Lounge
- Fitness Center
- 2-minute walk to Dilworth Park
About This Home
As of March 2025RARE MOST DESIRABLE 2 BEDROOM CORNER UNIT AT THE BEST ADDRESS IN THE CITY. Discover the pinnacle of luxury living in this highly coveted two-floor corner unit, the premier 2-bedroom residence at the prestigious Residences at the Ritz-Carlton. Offering spectacular wrap-around views of City Hall and Dilworth Park, this modern apartment features floor-to-ceiling windows, 9' ceilings, a cozy fireplace, and custom built-ins. The spacious gourmet kitchen is equipped with top-of-the-line appliances, including Sub-Zero, Viking, Miele, and U-line wine cooler—perfect for any chef.
The master suite is a private retreat, complete with a spa-like ensuite bathroom featuring Calacatta marble and a Bain Ultra soaking tub. This unit also includes a deeded parking space for added convenience.
Residents enjoy exclusive access to the Ritz-Carlton’s 5-Diamond amenities: 24/7 concierge services, doorman, valet parking, chauffeur-driven Mercedes service, in-residence dining, and housekeeping. Other luxuries include a fitness center, indoor pool, hot tub, residents' lounge, media room, and a newly renovated outdoor resident lounge with an outdoor kitchen, grilling stations, multiple fire pits, and a covered loggia. A brand-new dog park is also located on the 2nd floor.
Conveniently located near top restaurants, shopping, theaters, and major interstates, this residence offers a rare opportunity for upscale urban living at its finest.
Last Agent to Sell the Property
(267) 266-3500 leah@serhant.com SERHANT PENNSYLVANIA LLC License #RS359092 Listed on: 01/18/2025
Last Buyer's Agent
(267) 266-3500 leah@serhant.com SERHANT PENNSYLVANIA LLC License #RS359092 Listed on: 01/18/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $15,025
Year Built
- Built in 2009
HOA Fees
- $2,406 Monthly HOA Fees
Parking
- Assigned Subterranean Space
- Basement Garage
Home Design
- Contemporary Architecture
- Entry on the 5th floor
- Masonry
Interior Spaces
- 1,655 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Built-In Features
- 1 Fireplace
- Wood Flooring
Kitchen
- Built-In Oven
- Cooktop
- Built-In Microwave
- Dishwasher
- Wine Rack
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
Laundry
- Laundry in unit
- Front Loading Dryer
- Front Loading Washer
Home Security
- Surveillance System
- Intercom
- Flood Lights
Accessible Home Design
- Accessible Elevator Installed
Outdoor Features
- Patio
- Water Fountains
- Terrace
- Breezeway
- Outdoor Grill
Schools
- Greenfield Albert Elementary And Middle School
- Benjamin Franklin High School
Utilities
- Central Air
- Heating Available
Listing and Financial Details
- Tax Lot 214
- Assessor Parcel Number 888094910
Community Details
Overview
- $7,218 Capital Contribution Fee
- Association fees include common area maintenance, exterior building maintenance, health club, lawn maintenance, management, pool(s), snow removal, trash, water
- High-Rise Condominium
- Residences At The Ritz Carlton Philadelphia Condos
- The Residences At The Ritz Carlton, Phila. Community
- Rittenhouse Square Subdivision
- Property Manager
Amenities
- Concierge
- Doorman
- Transportation Service
- Picnic Area
- Common Area
- Meeting Room
- Party Room
- Community Library
- Bar or Lounge
- 4 Elevators
Recreation
- Community Spa
- Dog Park
Pet Policy
- Limit on the number of pets
- Dogs and Cats Allowed
- Breed Restrictions
Security
- 24-Hour Security
- Front Desk in Lobby
- Resident Manager or Management On Site
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 18, 2025
Closed on
Feb 7, 2025
Sold by
Herman Barry K
Bought by
Embry Jonal
Seller's Agent
Leah Atlas
SERHANT PENNSYLVANIA LLC
Buyer's Agent
Leah Atlas
SERHANT PENNSYLVANIA LLC
List Price
$940,000
Sold Price
$940,000
Views
27
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,909
Avg. Annual Appreciation
3.43%
Original Mortgage
$400,000
Outstanding Balance
$397,646
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$560,263
Purchase Details
Listed on
Nov 6, 2017
Closed on
Jan 16, 2018
Sold by
Mehta Raj J and Mehta Ranna R
Bought by
Herman Barry K
Seller's Agent
Diane Bryant
Kurfiss Sotheby's International Realty
Buyer's Agent
Michael McCann
KW Empower
List Price
$1,199,000
Sold Price
$1,150,000
Premium/Discount to List
-$49,000
-4.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.80%
Original Mortgage
$700,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Feb 12, 2009
Sold by
Agc Partners Lp
Bought by
Mehta Raj J and Mehta Ranna R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $940,000 | None Listed On Document | |
| Deed | $1,150,000 | None Available | |
| Deed | $943,550 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $400,000 | New Conventional | |
| Previous Owner | $700,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $300,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/12/2025 03/12/25 | Sold | $940,000 | 0.0% | $568 / Sq Ft | |
| 01/31/2025 01/31/25 | Pending | -- | -- | -- | |
| 01/18/2025 01/18/25 | For Sale | $940,000 | 0.0% | $568 / Sq Ft | |
| 09/01/2022 09/01/22 | Rented | $5,700 | 0.0% | -- | |
| 08/05/2022 08/05/22 | For Rent | $5,700 | 0.0% | -- | |
| 02/02/2018 02/02/18 | Sold | $1,150,000 | -4.1% | $695 / Sq Ft | View Prior Sale |
| 12/04/2017 12/04/17 | For Sale | $1,199,000 | 0.0% | $724 / Sq Ft | |
| 12/01/2017 12/01/17 | Pending | -- | -- | -- | |
| 11/06/2017 11/06/17 | For Sale | $1,199,000 | -- | $724 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $13,785 | $1,073,400 | $85,800 | $987,600 |
| 2024 | $13,785 | $1,073,400 | $85,800 | $987,600 |
| 2023 | $13,785 | $984,800 | $78,800 | $906,000 |
| 2022 | $14,354 | $939,800 | $78,800 | $861,000 |
| 2021 | $14,983 | $0 | $0 | $0 |
| 2020 | $14,983 | $0 | $0 | $0 |
| 2019 | $10,844 | $0 | $0 | $0 |
| 2018 | $891 | $0 | $0 | $0 |
| 2017 | $891 | $0 | $0 | $0 |
| 2016 | $249 | $0 | $0 | $0 |
| 2015 | $239 | $0 | $0 | $0 |
| 2014 | -- | $663,000 | $17,800 | $645,200 |
| 2012 | -- | $53,760 | $7,360 | $46,400 |
Source: Public Records
Agents Affiliated with this Home
-
Leah Atlas
-
Andy Oei
Seller's Agent in 2022
Andy Oei
BHHS Fox & Roach
(215) 695-5042
138 in this area
478 Total Sales
-
Claudia Brown
Buyer's Agent in 2022
Claudia Brown
KW Empower
(480) 390-2429
7 in this area
49 Total Sales
-
Diane Bryant
Seller's Agent in 2018
Diane Bryant
Kurfiss Sotheby's International Realty
(610) 529-8000
25 in this area
50 Total Sales
-
Margaret Wilde
Seller Co-Listing Agent in 2018
Margaret Wilde
Kurfiss Sotheby's International Realty
(215) 888-8500
21 in this area
44 Total Sales
-
Michael McCann
Buyer's Agent in 2018
Michael McCann
KW Empower
(215) 778-0901
15 in this area
1,693 Total Sales
About The Residences at the Ritz-Carlton
Map
Source: Bright MLS
MLS Number: PAPH2418692
APN: 888094910
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