NOT LISTED FOR SALE

Estimated Value: $522,000 - $630,000

4 Beds
2.5 Baths
2,140 Sq Ft
$264/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $445,000 $208 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,167/month

188 Days on Market

Highlights

  • New Construction
  • Bamboo Flooring
  • Stainless Steel Appliances
  • Straight Thru Architecture
  • No HOA
  • Living Room

About This Home

As of February 2020

Another home by Point Breeze's own Innova Redevelopment. 1422 Colorado is located in the heart of exciting Point Breeze where new construction and home renovations abound. This flourishing area offers all the amenities you would expect from the Philly urban lifestyle. Fantastic eateries and venues are just steps away in this extremely walkable neighborhood. This central location in Point Breeze is only a few blocks from the East Passyunk corridor and just south of Rittenhouse Square. Many other appealing Philly neighborhoods, easy transportation, and rich green spaces are close by. The final home of a development built by Innova including the ULI Award-winning South Point homes, this new construction home incorporates energy efficient building materials including Zip R-Sheathing exterior insulation, spray foam cavity insulation, Energy Star appliances, doors, windows and lighting, tankless water heater, and a high-efficiency, right-sized HVAC system with ERV (energy recovery ventilator) for balanced ventilation and fresh air. These features ensure affordable operating and maintenance costs and contribute to the Energy Star for Homes certification the home has earned. The facade is a unique combination of brick and fiber cement panels in a design that provides passive shading on hot summer days, one of the many Passive House design features incorporated into the home. Enter the home and you will be impressed with the carbonized stranded bamboo flooring throughout the living area into the custom kitchen. The kitchen offers a great space with beautiful contemporary cabinets and quartz counter-tops complimented by a chic Carrera marble tile back-splash, complete with state-of-the-art Samsung appliances. Take the sleek and modern staircase to the second level, comprised of 2 great sized bedrooms and a tastefully designed full bathroom. Continue to the third floor and you will find the master suite of 1422. This space offers an open layout bedroom with a fabulous master bathroom, walk-in closet, private front balcony with city views, and access to the upper roof deck. Here you will be dazzled by a spectacular panoramic view of the skyline ranging from University City to the Ben Franklin Bridge. The lower level offers a very well appointed living space with an optional guest bedroom, half bath, laundry, and additional storage. 10 yr tax abatement has been approved as well... Make your appointment today! The interior photos are from another yet very similar home completed by this developer.

Last Agent to Sell the Property

David Lombardo

Century 21 Advantage Gold-South Philadelphia Listed on: 07/23/2019

Century 21 Advantage Gold-South Philadelphia

Last Buyer's Agent

David Lombardo

Century 21 Advantage Gold-South Philadelphia Listed on: 07/23/2019

Century 21 Advantage Gold-South Philadelphia

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,101

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 672 Sq Ft Lot
  • Lot Dimensions are 14.00 x 48.00
  • Property is in excellent condition

Parking

  • On-Street Parking

Home Design

  • Straight Thru Architecture
  • Brick Exterior Construction
  • Blown-In Insulation
  • Batts Insulation
  • Fiberglass Roof
  • Rubber Roof
  • Stone Siding
  • Copper Plumbing

Interior Spaces

  • Property has 3 Levels
  • Family Room
  • Living Room
  • Dining Room
  • Dryer

Kitchen

  • Self-Cleaning Oven
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Bamboo
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Finished Basement

  • Water Proofing System
  • Sump Pump
  • Basement Windows

Eco-Friendly Details

  • Energy-Efficient Appliances
  • ENERGY STAR Qualified Equipment for Heating

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • 200+ Amp Service
  • High-Efficiency Water Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Point Breeze Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 204
  • Assessor Parcel Number 365222700

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,101

Year Built

Built in 2019 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: Yes
  • Inclusions: Refrigerator, washer and dryer
  • New Construction: Yes
  • Story List: Lower 1, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 2019
  • Remarks Public: Another home by Point Breeze's own Innova Redevelopment. 1422 Colorado is located in the heart of exciting Point Breeze where new construction and home renovations abound. This flourishing area offers all the amenities you would expect from the Philly urban lifestyle. Fantastic eateries and venues are just steps away in this extremely walkable neighborhood. This central location in Point Breeze is only a few blocks from the East Passyunk corridor and just south of Rittenhouse Square. Many other appealing Philly neighborhoods, easy transportation, and rich green spaces are close by. The final home of a development built by Innova including the ULI Award-winning South Point homes, this new construction home incorporates energy efficient building materials including Zip R-Sheathing exterior insulation, spray foam cavity insulation, Energy Star appliances, doors, windows and lighting, tankless water heater, and a high-efficiency, right-sized HVAC system with ERV (energy recovery ventilator) for balanced ventilation and fresh air. These features ensure affordable operating and maintenance costs and contribute to the Energy Star for Homes certification the home has earned. The facade is a unique combination of brick and fiber cement panels in a design that provides passive shading on hot summer days, one of the many Passive House design features incorporated into the home. Enter the home and you will be impressed with the carbonized stranded bamboo flooring throughout the living area into the custom kitchen. The kitchen offers a great space with beautiful contemporary cabinets and quartz counter-tops complimented by a chic Carrera marble tile back-splash, complete with state-of-the-art Samsung appliances. Take the sleek and modern staircase to the second level, comprised of 2 great sized bedrooms and a tastefully designed full bathroom. Continue to the third floor and you will find the master suite of 1422. This space offers an open layout bedroom with a fabulous master bathroom, walk-in closet, private front balcony with city views, and access to the upper roof deck. Here you will be dazzled by a spectacular panoramic view of the skyline ranging from University City to the Ben Franklin Bridge. The lower level offers a very well appointed living space with an optional guest bedroom, half bath, laundry, and additional storage. 10 yr tax abatement has been approved as well... Make your appointment today! The interior photos are from another yet very similar home completed by this developer.
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Energy Efficient Appliances, Oven - Self Cleaning, Refrigerator, Stainless Steel Appliances, Water Heater - High-Efficiency
  • Flooring Type: Bamboo, Ceramic Tile
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 4, Kitchen, Family Room, Bedroom 1, Bathroom 1, Primary Bathroom
  • Basement: Yes
  • Basement Type: Fully Finished, Sump Pump, Water Proofing System, Windows
  • Total Sq Ft: 2140
  • Living Area Sq Ft: 2140
  • Price Per Sq Ft: 276.04
  • Above Grade Finished Sq Ft: 1594
  • Below Grade Finished Sq Ft: 546
  • Total Below Grade Sq Ft: 546
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1422

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Upper Level 2 Full Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Blown-In Insulation, Brick, Batts Insulation, Brick Veneer, Copper Plumbing, Fiber Cement, Stone
  • Construction Completed: Yes
  • Roof: Fiberglass, Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Energy Star Cooling System, Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Energy Star Heating System, Forced Air, Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No
  • R Factor Ceilings: R38
  • R Factor Ext Walls: R20

Lot Info

  • Improvement Assessed Value: 290168.00
  • Land Assessed Value: 74252.00
  • Land Use Code: SR
  • Lot Size Acres: 0.02
  • Lot Dimensions: 14.00 x 48.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 672.00
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1124087
  • School Tax: 2799.00
  • Tax Annual Amount: 5101.00
  • Assessor Parcel Number: 365222700
  • Tax Lot: 204
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 02/28/2020

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2019
Closed on
Feb 28, 2020
Sold by
Innova Redevelopment Llc
Bought by
Cotrim Diane and Almeyda Andres
Seller's Agent
David Lombardo
Century 21 Advantage Gold-South Philadelphia
Buyer's Agent
David Lombardo
Century 21 Advantage Gold-South Philadelphia
List Price
$459,900
Sold Price
$445,000
Premium/Discount to List
-$14,900
-3.24%
Current Estimated Value
$564,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,186
Avg. Annual Appreciation
3.66%
Original Mortgage
$356,000
Outstanding Balance
$319,208
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$223,645

Purchase Details

Closed on
May 27, 1953
Bought by
Mannie Thomas and Mannie Elizabeth
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
Cotrim Diane $445,000 None Available
Mannie Thomas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cotrim Diane $356,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $445,000 +1.1% $208 / Sq Ft
01/27/2020 01/27/20 Pending -- -- --
12/27/2019 12/27/19 Price Changed $440,000 -2.2% $206 / Sq Ft
09/18/2019 09/18/19 Price Changed $449,900 -2.2% $210 / Sq Ft
07/23/2019 07/23/19 For Sale $459,900 -- $215 / 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 $1,400 $568,900 $113,780 $455,120
2024 $1,400 $568,900 $113,780 $455,120
2023 $1,772 $500,000 $100,000 $400,000
2022 $1,772 $126,620 $126,620 $0
2021 $5,470 $0 $0 $0
2020 $5,101 $0 $0 $0
2019 $598 $0 $0 $0
2018 $598 $0 $0 $0
2017 $598 $0 $0 $0
2016 $116 $0 $0 $0
2015 $111 $0 $0 $0
2014 -- $8,300 $8,300 $0
2012 -- $704 $704 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH819220

Bright MLS

APN: 365222700