$235,000
SOLD SEP 30, 2016

Academy House 1420 Locust St Unit 7L Philadelphia, PA 19102

Rittenhouse Square Neighborhood
1 Bed
1 Bath
706 Sq Ft
$619/mo HOA Fee

Recently Sold

$333 Per Sq Ft

11% Below List Price

Highlights

  • Living Room
  • 1-minute walk to 15Th-16Th & Locust St
  • Family Room
  • En-Suite Primary Bedroom
  • Central Air
  • Heating Available

About This Home

As of September 2016

Situated between the Avenue of The Arts and Rittenhouse Square, this one bedroom, one bathroom home offers the ultimate in luxury living in one of the most desired condominium residences in Center City. This home has a generous living/dining room that is great for entertaining and provides access to the Juliet balcony. The bathroom has a shower/tub combination, a vanity, and a washer/dryer. There is excellent closet space throughout. Residents enjoy an indoor pool, exercise equipment, steam room, the option of valet parking, and a 24 hour doorman.

Last Agent to Sell the Property

Allan Domb

(215) 545-1500 domb@allandomb.com Allan Domb Real Estate License #RB043135A Listed on: 06/12/2016

Last Buyer's Agent

Allan Domb

(215) 545-1500 domb@allandomb.com Allan Domb Real Estate License #RB043135A Listed on: 06/12/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,520

Year Built

  • Built in 1977

HOA Fees

  • $619 Monthly HOA Fees

Interior Spaces

  • 706 Sq Ft Home
  • Family Room
  • Living Room
  • Laundry on main level

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot A378
  • Assessor Parcel Number 888080340

Community Details

Overview

  • $1,856 Other One-Time Fees
  • Academy House Community
  • Academy House Subdivision

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,520

Year Built

Built in 1977

Lot Details

0

HOA Fees

$619 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Ownership: Condominium
  • New Construction: No
  • Year Built: 1977
  • Remarks Public: Situated between the Avenue of The Arts and Rittenhouse Square, this one bedroom, one bathroom home offers the ultimate in luxury living in one of the most desired condominium residences in Center City. This home has a generous living/dining room that is great for entertaining and provides access to the Juliet balcony. The bathroom has a shower/tub combination, a vanity, and a washer/dryer. There is excellent closet space throughout. Residents enjoy an indoor pool, exercise equipment, steam room, the option of valet parking, and a 24 hour doorman.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace: No
  • Floors In Unit Count: 7
  • Room List: Living Room, Primary Bedroom, Kitchen, Family Room
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 706
  • Living Area Sq Ft: 706
  • Net Sq Ft: 706.00
  • Price Per Sq Ft: 375.35
  • Above Grade Finished Sq Ft: 706
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1420

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 618.82
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Other Fees: 1856.46
  • Other Fees Frequency: One Time

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Improvement Assessed Value: 173400.00
  • Land Assessed Value: 6600.00
  • Land Use Code: 590
  • Lot Size Units: Square Feet
  • Zoning: CMX5

Rental Info

  • Pets: Case By Case Basis
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1426819
  • Tax Annual Amount: 2520.00
  • Assessor Parcel Number: 888080340
  • Tax Lot: A378
  • Tax Year: 2016
  • Close Date: 09/30/2016

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2016
Closed on
Nov 21, 2016
Sold by
Gilstrp Hazel T
Bought by
Kelly Michael R and Kelly Patricia A
Seller's Agent
Allan Domb
Allan Domb Real Estate
Buyer's Agent
Allan Domb
Allan Domb Real Estate
List Price
$265,000
Sold Price
$235,000
Premium/Discount to List
-$30,000
-11.32%
Current Estimated Value
$244,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,543
Avg. Annual Appreciation
0.44%
Original Mortgage
$141,000
Outstanding Balance
$115,176
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$129,367

Purchase Details

Closed on
Jan 27, 1989
Bought by
Gilstrop Hazel T
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $235,000 None Available
Deed $85,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $141,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2017 04/18/17 Rented $1,795 0.0% --
03/08/2017 03/08/17 Under Contract -- -- --
10/19/2016 10/19/16 For Rent $1,795 0.0% --
09/30/2016 09/30/16 Sold $235,000 -11.3% $333 / Sq Ft
07/22/2016 07/22/16 Pending -- -- --
06/12/2016 06/12/16 For Sale $265,000 -- $375 / 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 $3,000 $242,100 $19,300 $222,800
2024 $3,000 $242,100 $19,300 $222,800
2023 $3,000 $214,300 $17,100 $197,200
2022 $3,333 $214,300 $17,100 $197,200
2021 $3,333 $0 $0 $0
2020 $3,333 $0 $0 $0
2019 $3,333 $0 $0 $0
2018 $2,898 $0 $0 $0
2017 $2,898 $0 $0 $0
2016 $2,520 $0 $0 $0
2015 $2,412 $0 $0 $0
2014 -- $180,000 $6,600 $173,400
2012 -- $18,080 $1,042 $17,038
Source: Public Records

Agents Affiliated with this Home

  • Allan Domb

    Seller's Agent in 2017

    Allan Domb

    Allan Domb Real Estate

    (215) 545-1500

    190 in this area

    406 Total Sales

    Allan Domb
    Section Image

  • P

    Buyer's Agent in 2017

    Paul Friedrich

    Allan Domb Real Estate

    (215) 820-8300

    8 in this area

    22 Total Sales

    Paul Friedrich
    Section Image
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About Academy House

Map

Source: Bright MLS

MLS Number: 1002442304

Bright MLS

APN: 888080340

Pennsylvania Philadelphia County Philadelphia 19102 Rittenhouse Square

1420 Locust St Unit 7L, Philadelphia, PA

This home is located at 1420 Locust St Unit 7L, Philadelphia, PA 19102 and is currently priced at $235,000, approximately $332 per square foot. This property was built in 1977. 1420 Locust St Unit 7L is a home located in Philadelphia County with nearby schools including Albert M Greenfield School, Benjamin Franklin High School, and Independence Charter School.

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