NOT LISTED FOR SALE

1422 Germantown Ave Unit 1 Philadelphia, PA 19122

Olde Kensington Neighborhood

Estimated Value: $444,000 - $542,000

3 Beds
3 Baths
1,500 Sq Ft
$186/mo HOA Fee

Last Sold October 30, 2020

Last sale price $415,000 $277 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,781/month

Highlights

  • Central Heating and Cooling System
  • Wood Siding
  • 2-minute walk to Thomas Hart Park

About This Home

As of October 2020

Are you looking for two car parking and a tax abatement in one of the hottest neighborhoods in Philadelphia? Look no further! Beautifully constructed 3 Bedroom 3 Full bath condo with 2-car rear parking and a private patio. Once you enter the shared foyer, you will conveniently find the interior entrance door on the right. Step inside the unit, the main level bedroom with large windows is on the right and a full bathroom is straight ahead. The hallway to the left leads to the kitchen and living area as well as the rear entry door to patio and through the gate to your 2-car parking. Video intercom for the front door is located in the modern kitchen with gas cooking and 4 seat breakfast bar. Stairwell off the living area leads to the 2 downstairs bedrooms each containing ensuite full bathrooms. Washer and dryer are also located on the lower level. Tax abatement until February 2027.

Last Agent to Sell the Property

Andy Black

(610) 680-6200 andrew.black@redfin.com Redfin Corporation Listed on: 07/21/2020

Redfin Corporation

Last Buyer's Agent

Andrew Albert

(315) 456-9121 aalbert890@gmail.com Weichert, Realtors - Cornerstone

Weichert, Realtors - Cornerstone

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $654

Year Built

  • Built in 2016

Lot Details

  • 1,307

HOA Fees

  • $186 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction
  • Fiberglass Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,500 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Schools

  • Moffet John Elementary School
  • Penn Treaty Middle School
  • Penn Treaty High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • Association fees include water, electricity, insurance, reserve funds
  • Low-Rise Condominium
  • 1422 Germantown Condo Association Condos
  • Olde Kensington Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$654

Year Built

Built in 2016

Lot Details

0

HOA Fees

$186 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2020-07-23
  • Year Built: 2016
  • Automatically Close On Close Date: Yes
  • Remarks Public: Are you looking for two car parking and a tax abatement in one of the hottest neighborhoods in Philadelphia? Look no further! Beautifully constructed 3 Bedroom 3 Full bath condo with 2-car rear parking and a private patio. Once you enter the shared foyer, you will conveniently find the interior entrance door on the right. Step inside the unit, the main level bedroom with large windows is on the right and a full bathroom is straight ahead. The hallway to the left leads to the kitchen and living area as well as the rear entry door to patio and through the gate to your 2-car parking. Video intercom for the front door is located in the modern kitchen with gas cooking and 4 seat breakfast bar. Stairwell off the living area leads to the 2 downstairs bedrooms each containing ensuite full bathrooms. Washer and dryer are also located on the lower level. Tax abatement until February 2027.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Fireplace: No
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Total Sq Ft: 1500
  • Living Area Sq Ft: 1500
  • Price Per Sq Ft: 283.33
  • Above Grade Finished Sq Ft: 1500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1422

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 2
  • Lower Levels Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick, Stucco, Wood Siding
  • Roof: Fiberglass
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 186.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: 1422 Germantown Condo Association
  • HOA Condo Co-Op Fee Includes: Water, Electricity, Insurance, Reserve Funds
  • HOA: No
  • Senior Community: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • Elementary School: MOFFET JOHN
  • Middle School: PENN TREATY
  • High School: PENN TREATY
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397108
  • School District Source: Listing Agent
  • Elementary School: MOFFET JOHN
  • High School: PENN TREATY
  • Middle Or Junior School: PENN TREATY

Lot Info

  • Zoning: 551 RES

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Tax Annual Amount: 654.00
  • Assessor Parcel Number: NO TAX RECORD
  • Tax Year: 2020
  • Close Date: 10/30/2020

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2020
Closed on
Oct 21, 2020
Sold by
Martino Michael A and Hamel Jaime S
Bought by
Squassi Gregory
Seller's Agent
Andy Black
Redfin Corporation
Buyer's Agent
Andrew Albert
Weichert, Realtors - Cornerstone
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%
Current Estimated Value
$478,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,982
Avg. Annual Appreciation
3.14%
Original Mortgage
$402,550
Outstanding Balance
$361,268
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$121,701

Purchase Details

Listed on
Jun 1, 2016
Closed on
Jan 12, 2017
Sold by
P1a Properties Llc
Bought by
Martino Michael A and Hamel Jaime S
Seller's Agent
Michael Kind
Keller Williams Philadelphia
Buyer's Agent
Minh Che
Redfin Corporation
List Price
$355,000
Sold Price
$290,000
Premium/Discount to List
-$65,000
-18.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.92%
Original Mortgage
$240,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2016
Sold by
Pia Properties Llc
Bought by
Supowitz Jason
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
Squassi Gregory $415,000 None Available
Martino Michael A $290,000 None Available
Supowitz Jason $335,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Squassi Gregory $402,550
Previous Owner Martino Michael A $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $415,000 -2.4% $277 / Sq Ft
09/08/2020 09/08/20 Pending -- -- --
07/21/2020 07/21/20 For Sale $425,000 +46.6% $283 / Sq Ft
01/17/2017 01/17/17 Sold $290,000 -6.5% $193 / Sq Ft
12/06/2016 12/06/16 Pending -- -- --
11/01/2016 11/01/16 Price Changed $310,000 -1.6% $207 / Sq Ft
09/30/2016 09/30/16 Price Changed $315,000 -1.6% $210 / Sq Ft
09/21/2016 09/21/16 Price Changed $320,000 -1.5% $213 / Sq Ft
09/06/2016 09/06/16 Price Changed $325,000 -1.5% $217 / Sq Ft
08/22/2016 08/22/16 Price Changed $330,000 -1.5% $220 / Sq Ft
07/26/2016 07/26/16 Price Changed $335,000 -5.6% $223 / Sq Ft
06/01/2016 06/01/16 For Sale $355,000 -- $237 / 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 $784 $411,600 $61,600 $350,000
2024 $784 $411,600 $61,600 $350,000
2023 $784 $374,200 $56,000 $318,200
2022 $654 $56,000 $56,000 $0
2021 $654 $0 $0 $0
2020 $654 $0 $0 $0
2019 $624 $0 $0 $0
2018 $624 $0 $0 $0
2017 $1,557 $0 $0 $0
2016 $1,557 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Andy Black

    Redfin Corporation

    Andy Black
    Section Image
  • Andrew Albert

    Buyer's Agent in 2020

    Andrew Albert

    Weichert, Realtors - Cornerstone

    (315) 456-9121

    1 in this area

    5 Total Sales

    Andrew Albert
    Section Image

  • M

    Seller's Agent in 2017

    Michael Kind

    Keller Williams Philadelphia

    Section Image

  • M

    Buyer's Agent in 2017

    Minh Che

    Redfin Corporation

    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAPH916222

Bright MLS

APN: 888181258

Pennsylvania Philadelphia County Philadelphia 19122 Olde Kensington

1422 Germantown Ave Unit 1, Philadelphia, PA

This home is located at 1422 Germantown Ave Unit 1, Philadelphia, PA 19122 since 21 July 2020 and is currently estimated at $478,982, approximately $319 per square foot. This property was built in 2016. 1422 Germantown Ave Unit 1 is a home located in Philadelphia County with nearby schools including John Moffet School, Penn Treaty School, and Al Aqsa Islamic Academy.

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