NOT LISTED FOR SALE

Estimated Value: $258,000 - $291,000

1 Bed
1 Bath
726 Sq Ft
1977 Built

Last Sold June 01, 2021

Last sale price $250,000 $344 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,705/month

Highlights

  • Traditional Architecture
  • 1-minute walk to 15Th-16Th & Locust St
  • Dogs Allowed
  • Community Pool
  • Central Air
  • Wall Furnace

About This Home

As of July 2023

Welcome to the Academy House located at 1420 Locust Street. This 10th-floor condominium residence is sun-splashed with natural light and south-facing views. With beautiful hardwood floors throughout the unit, this 1 bedroom 1 full bath has terrific closet space, galley kitchen featuring a space-saving built-in microwave, dishwasher, full-size stove and brand new refrigerator, plus ample cabinet space. Your own private balcony awaits you! Enjoy your coffee outdoors in your own personal piece of the city. Full-size washer/dryer in unit. The Academy House is a full-service building with a 24-hour security/ door person, a new health club with an aquatic center, and a common indoor and outdoor terrace space. All utilities plus internet and cable included in rent. Steps to Rittenhouse Square and all public transportation. A stone's throw from Broad Street and walking distance to Washington Square, this location offers easy access to everything Center City + Philadelphia has to offer.

Last Agent to Rent the Property

Christiana Barile

(914) 497-1958 christianab@kw.com KW Empower Listed on: 04/27/2023

KW Empower

Last Renter's Agent

Jonathan Hummel

(610) 761-4176 jhummel@thecondoshops.com KW Empower License #RS354675

KW Empower

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,249

Year Built

  • Built in 1977

Home Design

  • Traditional Architecture
  • Entry on the 10th floor
  • Masonry

Interior Spaces

  • 726 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • Wall Furnace
  • Electric Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,250
  • $250 Move-In Fee
  • The owner pays for all utilities, cable TV, water
  • Rent includes air conditioning, cable TV, cooking, electricity, heat, water
  • 12-Month Lease Term
  • Available 7/1/23
  • Assessor Parcel Number 888080397

Community Details

Overview

  • High-Rise Condominium
  • Avenue Of The Arts Subdivision

Recreation

Pet Policy

  • Pet Deposit Required
  • Dogs Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,249

Year Built

Built in 1977

Lot Details

0

Rental Info

  • Date Available: 2023-07-01
  • Owner Pays: All Utilities, Cable Tv, Water
  • Pets: Case By Case Basis, Dogs Ok, Pet Addendum/Deposit
  • Pets Allowed: Yes
  • Rent Includes: Air Conditioning, Cable Tv, Cooking, Electricity, Heat, Water
  • Security Deposit: 2250.00
  • Vacation Rental: No
  • Max Lease in Months: 12
  • Min Lease in Months: 12
  • Lease Link U R L: https://apply.link/3n7vybZ
  • Move In Fee: 250.00
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Traditional
  • New Construction: No
  • Story List: Main
  • Year Built: 1977
  • Automatically Close On Close Date: Yes
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 10
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 726
  • Living Area Sq Ft: 726
  • Price Per Sq Ft: 3.10
  • Above Grade Finished Sq Ft: 726
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1420

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full 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: Electric
  • Heating Type: Wall Unit
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Horses: No
  • Land Use Code: 590
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Zoning: CMX5

Tax Info

  • Assessor Parcel Number: 888080397
  • Tax Total Finished Sq Ft: 726
  • Close Date: 07/01/2023

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2021
Closed on
May 20, 2021
Sold by
Gerhard Glenn S
Bought by
Marine Dakota
Seller's Agent
Jonathan Barach
Compass RE
Buyer's Agent
Christiana Barile
KW Empower
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$270,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,456
Avg. Annual Appreciation
2.27%
Original Mortgage
$212,500
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 5, 2019
Closed on
Dec 4, 2019
Sold by
Jindia Monica
Bought by
Gerhard Glenn S and Kasales Claudia J
Seller's Agent
Neeraj Jassal
Rosedale Real Estate LLC
Buyer's Agent
Jonathan Barach
Compass RE
List Price
$279,000
Sold Price
$260,000
Premium/Discount to List
-$19,000
-6.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.60%

Purchase Details

Closed on
Jun 20, 2007
Sold by
Kaplan Pamela
Bought by
Jindia Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,500
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 2005
Sold by
Corales Tiffany
Bought by
Kaplan Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
5.64%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 14, 1994
Sold by
Kivitz Seymour and Server Eva
Bought by
Corales Tiffany
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Marine Dakota $250,000 Great American Abstract
Gerhard Glenn S $260,000 Tohickon Settlement Svcs Inc
Jindia Monica $278,000 Commonwealth Land Title Insu
Kaplan Pamela $240,000 --
Corales Tiffany $63,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marine Dakota $212,500
Previous Owner Jindia Monica $208,500
Previous Owner Kaplan Pamela $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2023 07/01/23 Rented $2,250 0.0% --
05/12/2023 05/12/23 Under Contract -- -- --
05/05/2023 05/05/23 Price Changed $2,250 +7.1% $3 / Sq Ft
04/27/2023 04/27/23 For Rent $2,100 -4.5% --
07/01/2022 07/01/22 Rented $2,200 +4.8% --
04/30/2022 04/30/22 Under Contract -- -- --
04/22/2022 04/22/22 For Rent $2,100 0.0% --
06/01/2021 06/01/21 Sold $250,000 0.0% $344 / Sq Ft
03/21/2021 03/21/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $250,000 -3.8% $344 / Sq Ft
12/05/2019 12/05/19 Sold $260,000 -6.8% $358 / Sq Ft
11/18/2019 11/18/19 Pending -- -- --
09/05/2019 09/05/19 For Sale $279,000 -- $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
2025 $3,249 $250,600 $20,000 $230,600
2024 $3,249 $250,600 $20,000 $230,600
2023 $3,249 $232,100 $18,600 $213,500
2022 $2,980 $187,100 $18,600 $168,500
2021 $3,610 $0 $0 $0
2020 $3,610 $0 $0 $0
2019 $3,610 $0 $0 $0
2018 $0 $0 $0 $0
2017 $3,140 $0 $0 $0
2016 $2,310 $0 $0 $0
2015 $2,211 $0 $0 $0
2014 -- $195,000 $6,800 $188,200
2012 -- $19,616 $1,145 $18,471
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2229366

Bright MLS

APN: 888080397