NOT LISTED FOR SALE

Estimated Value: $846,000 - $1,014,000

5 Beds
3.5 Baths
3,236 Sq Ft
$281/Sq Ft Est. Value

Last Sold June 21, 2024

Last sale price $850,000 $263 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,190/month

198 Days on Market

Highlights

  • City View
  • Deck
  • Engineered Wood Flooring
  • Maid or Guest Quarters
  • Contemporary Architecture
  • 1-minute walk to Howard & Reed Park

About This Home

As of June 2024

Welcome to "Penns Point" and the largest end unit in the development with a full 5 years left on the tax abatement. This home was professionally redesigned with substantial upgrades, post purchase by Archer Buchanan Architects to maximize every square inch of space and thus turning into a showcase of comfort and design for today's modern living. The extra wide home features a luxurious floor through primary suite, 4 additional bedrooms, 3 full and 1 half baths, oversized corner windows, a live rooftop garden, finished basement, gleaming oak hardwood floors, dual zoned HVAC, garage parking and an elevator that goes from the first floor to 4th. The side entrance welcomes you into a spacious foyer with access to the garage and guest bedroom with ensuite bath. Below is a finished basement featuring a family room with engineered hardwood floors and a large window and unfinished storage area with mechanicals. Back up to the foyer via the center staircase takes you to the main living area where the home stretches out to 24' wide. The kitchen features cherry cabinetry, GE Profile stainless appliances and Silas stone counters. The dining room is adjacent with access to the rear deck with custom awning. The sun filled living room completes the 2nd level. The third level features 3 additional bedrooms (currently being used as 2 offices and a gym) and a full hall bath with tub/shower and cream-colored tile. The 4th floor primary suite is a dream with oak hardwood floors, an oversized bath with soaking tub, large, tiled shower, separate WC and large linen closet, a fabulous oversized "she" closet, a full-sized laundry room, breakfast bar and another walk-in "his" closet. The main bedroom is flooded with sunlight and the best sunsets through the corner double window. The last stop on this tour is the sensational rooftop complete with custom awning and a live garden to delight throughout all the seasons. Full city and bridge views are all yours.

Last Agent to Sell the Property

Franz Rabauer

Kurfiss Sotheby's International Realty License #RS216905L Listed on: 09/25/2023

Kurfiss Sotheby's International Realty

Last Buyer's Agent

Franz Rabauer

Kurfiss Sotheby's International Realty License #RS216905L Listed on: 09/25/2023

Kurfiss Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,419

Year Built

  • Built in 2019

Lot Details

  • 1,196 Sq Ft Lot
  • Lot Dimensions are 24.00 x 50.00
  • West Facing Home
  • Property is in excellent condition

Parking

  • 1 Car Direct Access Garage
  • Front Facing Garage

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 3,236 Sq Ft Home
  • Property has 4 Levels
  • Awning
  • Family Room
  • Living Room
  • Dining Room
  • Storage Room
  • City Views
  • Finished Basement

Kitchen

  • Built-In Range
  • Built-In Microwave
  • Dishwasher

Flooring

  • Engineered Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Multiple Balconies
  • Deck

Utilities

  • 90% Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 011054860

Community Details

Overview

  • No Home Owners Association
  • Pennsport Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,419

Year Built

Built in 2019

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • Exclusions: Chandelier in DR and LR. Light fixture in powder room(brass fixture) and exterior lamp (black) on rear deck. Drapes in 1st floor bedroom, LR...plus sheers, primary suite, and front bedroom 3rd floor. Basement refrigerator and wine chiller. Mirrors....entr
  • Inclusions: Refrigerator, Washer/Dryer
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2, Upper 3
  • Federal Flood Zone: No
  • Year Built: 2019
  • Automatically Close On Close Date: Yes
  • Remarks Public: Welcome to "Penns Point" and the largest end unit in the development with a full 5 years left on the tax abatement. This home was professionally redesigned with substantial upgrades, post purchase by Archer Buchanan Architects to maximize every square inch of space and thus turning into a showcase of comfort and design for today's modern living. The extra wide home features a luxurious floor through primary suite, 4 additional bedrooms, 3 full and 1 half baths, oversized corner windows, a live rooftop garden, finished basement, gleaming oak hardwood floors, dual zoned HVAC, garage parking and an elevator that goes from the first floor to 4th. The side entrance welcomes you into a spacious foyer with access to the garage and guest bedroom with ensuite bath. Below is a finished basement featuring a family room with engineered hardwood floors and a large window and unfinished storage area with mechanicals. Back up to the foyer via the center staircase takes you to the main living area where the home stretches out to 24' wide. The kitchen features cherry cabinetry, GE Profile stainless appliances and Silas stone counters. The dining room is adjacent with access to the rear deck with custom awning. The sun filled living room completes the 2nd level. The third level features 3 additional bedrooms (currently being used as 2 offices and a gym) and a full hall bath with tub/shower and cream-colored tile. The 4th floor primary suite is a dream with oak hardwood floors, an oversized bath with soaking tub, large, tiled shower, separate WC and large linen closet, a fabulous oversized "she" closet, a full-sized laundry room, breakfast bar and another walk-in "his" closet. The main bedroom is flooded with sunlight and the best sunsets through the corner double window. The last stop on this tour is the sensational rooftop complete with custom awning and a live garden to delight throughout all the seasons. Full city and bridge views are all yours.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Dryer, Refrigerator
  • Flooring Type: Hardwood, Engineered Wood, Tile/Brick
  • Interior Amenities: Elevator
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Levels Count: 4
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry, Maid/Guest Quarters, Storage Room, Bathroom 1, Bathroom 2, Primary Bathroom
  • Basement: Yes
  • Basement Type: Fully Finished, Partially Finished
  • Laundry Type: Upper Floor
  • Total Sq Ft: 3236
  • Living Area Sq Ft: 3236
  • Price Per Sq Ft: 276.58
  • Above Grade Finished Sq Ft: 3236
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1427

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 1.00
  • Upper Level 3 Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level 2 Full Bathrooms: 1
  • Upper Level 3 Full Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Exterior Features: Awning(s)
  • Roof: Flat
  • Spa: No
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Size Acres: 0.03
  • Lot Dimensions: 24.00 x 50.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1196.00
  • Outdoor Living Structures: Balconies- Multiple, Roof, Deck(s)
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: SINGLE FAMILY RESIDENCE

Rental Info

  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2419.00
  • Assessor Parcel Number: 011054860
  • Tax Year: 2023
  • Close Date: 06/21/2024

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2023
Closed on
May 30, 2024
Sold by
Foster Don P and Letizia Krista
Bought by
Lautzenheiser Karen Read and Emerick O E
Seller's Agent
Franz Rabauer
Kurfiss Sotheby's International Realty
Buyer's Agent
Franz Rabauer
Kurfiss Sotheby's International Realty
List Price
$895,000
Sold Price
$850,000
Premium/Discount to List
-$45,000
-5.03%
Views
81
Current Estimated Value
$910,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,939
Avg. Annual Appreciation
6.32%
Original Mortgage
$450,000
Outstanding Balance
$446,228
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$464,711

Purchase Details

Closed on
Aug 2, 2019
Sold by
1422 S Front Associates Llc
Bought by
Letizia Krista and Foster Don P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2017
Sold by
1422 S Front Associate Llc
Bought by
1422 S Front Associate Llc
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
Lautzenheiser Karen Read $850,000 None Listed On Document
Letizia Krista $650,000 Trident Land Transfer Co Lp
1422 S Front Associate Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lautzenheiser Karen Read $450,000
Previous Owner Letizia Krista $487,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2024 06/21/24 Sold $850,000 -5.0% $263 / Sq Ft
04/10/2024 04/10/24 Pending -- -- --
09/25/2023 09/25/23 For Sale $895,000 +37.7% $277 / Sq Ft
05/31/2018 05/31/18 Sold $650,000 0.0% $197 / Sq Ft
10/25/2017 10/25/17 Pending -- -- --
10/23/2017 10/23/17 For Sale $650,000 -- $197 / 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 $2,420 $955,100 $191,020 $764,080
2024 $2,420 $955,100 $191,020 $764,080
2023 $2,420 $864,400 $172,880 $691,520
2022 $2,139 $172,880 $172,880 $0
2021 $2,139 $0 $0 $0
2020 $903 $0 $0 $0
2019 $903 $0 $0 $0
2018 $903 $0 $0 $0
2017 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2280892

Bright MLS

APN: 011054860