NOT LISTED FOR SALE

Estimated Value: $281,000 - $375,100

2 Beds
2 Baths
1,234 Sq Ft
$1,107/mo HOA Fee

Last Sold January 15, 2024

Last sale price $322,500 $261 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,320/month

106 Days on Market

Highlights

  • Fitness Center
  • 1-minute walk to 15Th-16Th & Locust St
  • Party Room
  • Contemporary Architecture
  • Community Indoor Pool
  • Elevator

About This Home

As of January 2024

Two bedroom, two bathroom residence located on the 20th floor of The Academy House along the Avenue of the Arts! Enter into the foyer with a coat closet; immediately off the foyer is a large eat-in kitchen with great cabinet and counter space. The adjacent great room has city views to the south and east from a private balcony which can be accessed from each room. The primary suite has great closet space and a spacious ensuite bathroom. The second bedroom is generously sized and also has a large amount of closet space. Directly across is the full hall bathroom. There is a washer/dryer in the unit. With a little TLC, this condominium will be a dream Center City home!
Residents of Academy House enjoy a 24-hour doorman and a state-of-the-art fitness and aquatic center. There is valet parking in the building's garage for an additional monthly fee, subject to availability. The Academy House is located in the heart of Center City and within close walking distance to Rittenhouse Square, and the Broad Street and Market Street office corridors. Philadelphia International Airport and Amtrak's 30th Street Station are easily accessible.

Last Agent to Sell the Property

Allan Domb

(215) 545-1500 domb@allandomb.com Allan Domb Real Estate License #RB043135A Listed on: 08/24/2023

Last Buyer's Agent

Paul Friedrich

(215) 820-8300 friedrich@allandomb.com Allan Domb Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,967

Year Built

  • Built in 1977

Lot Details

  • 1,220

HOA Fees

  • $1,107 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 20th floor
  • Masonry

Interior Spaces

  • 1,234 Sq Ft Home
  • Property has 1 Level
  • Carpet
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 278
  • Assessor Parcel Number 888080568

Community Details

Overview

  • $3,321 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, electricity, water, trash, snow removal, sewer, pool(s), heat, air conditioning
  • $69 Other Monthly Fees
  • High-Rise Condominium
  • Avenue Of The Arts Subdivision

Amenities

  • Party Room
  • Elevator

Recreation

Pet Policy

  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,967

Year Built

Built in 1977

Lot Details

0

HOA Fees

$1,107 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • 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: 20
  • Flooring Type: Carpet
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1234
  • Living Area Sq Ft: 1234
  • Price Per Sq Ft: 283.55
  • Above Grade Finished Sq Ft: 1234
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1420

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
  • 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 Type: Central A/C
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1107.01
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Fitness Center, Party Room, Pool - Indoor, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Electricity, Water, Trash, Snow Removal, Sewer, Pool(s), Heat, Air Conditioning
  • HOA: No
  • Senior Community: No
  • Community Pool Features: Lap/Exercise

Fee Information

  • Other Fees: 69.05
  • Other Fees Frequency: Monthly
  • Capital Contribution Fee: 3321.03

Schools

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

Lot Info

  • Land Use Code: 590
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2023
  • Zoning: CMX5

Rental Info

  • Pets: Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 2725.00
  • Tax Annual Amount: 4967.00
  • Assessor Parcel Number: 888080568
  • Tax Lot: 278
  • Tax Total Finished Sq Ft: 1234
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 01/15/2024

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2023
Closed on
Jan 11, 2024
Sold by
Gordon Lewis Jay
Bought by
Mallur Ravi and Mallur Shilpa
Seller's Agent
Allan Domb
Allan Domb Real Estate
Buyer's Agent
Paul Friedrich
Allan Domb Real Estate
List Price
$349,900
Sold Price
$322,500
Premium/Discount to List
-$27,400
-7.83%
Views
253
Current Estimated Value
$339,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,775
Avg. Annual Appreciation
2.99%

Purchase Details

Closed on
Jun 3, 2014
Sold by
Katz Leon and Katz Irene Bernard
Bought by
Katz Irene

Purchase Details

Closed on
Jun 5, 1997
Sold by
Katz Leon and Katz Irene Bernard
Bought by
Katz Leon and Katz Irene Bernard
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
Mallur Ravi $322,500 None Listed On Document
Katz Irene -- None Available
Katz Leon -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2024 01/15/24 Sold $322,500 -7.8% $261 / Sq Ft
12/08/2023 12/08/23 Pending -- -- --
10/25/2023 10/25/23 For Sale $349,900 0.0% $284 / Sq Ft
10/19/2023 10/19/23 Pending -- -- --
09/18/2023 09/18/23 Price Changed $349,900 -7.9% $284 / Sq Ft
08/24/2023 08/24/23 For Sale $379,900 -- $308 / 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 $4,968 $354,900 $28,400 $326,500
2024 $4,968 $354,900 $28,400 $326,500
2023 $4,968 $354,900 $28,400 $326,500
2022 $4,890 $309,900 $28,400 $281,500
2021 $5,519 $0 $0 $0
2020 $5,519 $0 $0 $0
2019 $5,519 $0 $0 $0
2018 $5,746 $0 $0 $0
2017 $6,166 $0 $0 $0
2016 $4,941 $0 $0 $0
2015 $4,730 $0 $0 $0
2014 -- $383,000 $11,500 $371,500
2012 -- $38,464 $2,039 $36,425
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2271362

Bright MLS

APN: 888080568