Seller's Agent in 2022
Ryan Stawasz
KW Empower
(215) 760-6291
15 in this area
307 Total Sales
1440 N Orkney St Unit 2 Philadelphia, PA 19122
Olde Kensington NeighborhoodEstimated Value: $420,941 - $440,000
2
Beds
2
Baths
1,221
Sq Ft
$125/mo
HOA Fee
Highlights
- New Construction
- Deck
- Upgraded Countertops
- Open Floorplan
- Wood Flooring
- 3-minute walk to Cruz Park - Power 99 Parks & Rec
About This Home
As of June 2022Are you looking for a FULLY CUSTOMIZABLE, new construction 2 BD | 2 BA modern condo unit with private backyard space located in Olde Kensington, within walking distance to the popular Northern Liberties and Fishtown neighborhoods??? And did we mention a 10-year tax abatement!?
Presenting The Palmer, In 1730, Anthony Palmer purchased the land that is now Olde Kensington and today we honor him by choosing his last name to title this brand new property.
This condo was built and developed by Atlas Properties and part of a 5 unit boutique condo building (low condos fee projected at 125 per month) with soaring 10 ft ceilings, floor-to-ceiling windows with crazy natural light, and a shared roof deck! So what does "fully customizable" mean? Let us explain, buyers will have the opportunity to choose flooring, kitchen cabinet color, countertops, backsplash, bathroom tile, the color of your fixtures, lighting, etc. You name it and we can probably customize it! An opportunity like this does not come around often!
As you enter this flat, you will be greeted by a flowing open concept floor plan with wide plank hardwood flooring throughout. The large kitchen that looks out to the spacious living and dining area features stainless steel appliances (slide in gas range), and an expansive waterfall island. Off the kitchen you will find a large laundry room great for storage. Next, enter the spacious master suite with hardwood flooring, large windows, an en-suite bathroom with a modern stall shower, a MASSIVE walk-in closet, and high ceilings. Continue on to the guest bedroom with a similar layout featuring an en-suite bathroom with door off the hallway for guests and a spacious closet. Finally, enjoy a large shared roof deck (with center city views and overlooking Cruz Playground), for all your outdoor dining gatherings.
Conveniently located in between the popular Fishtown and Northern Liberties neighborhoods with easy access to some of the best restaurants, shops, and parks like Laser Wolf, Frankford Hall, ACME, Heirloom Market, Apricot Stone, El Camino, Suraya, Front Street Cafe, Reanimator Coffee, La Colombe, Evil Genius, Mulherin and Sons, Human-Robot, Cruz Playground, Hancock Playground and more!
The property is framed and approaching drywall so walk-throughs are welcome! The estimated completion date is mid January.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $264
Year Built
- Built in 2021 | New Construction
Lot Details
- East Facing Home
- Property is in excellent condition
HOA Fees
- $125 Monthly HOA Fees
Parking
- On-Street Parking
Home Design
- Fiberglass Roof
- Brick Front
- Masonry
Interior Spaces
- 1,221 Sq Ft Home
- Property has 4 Levels
- Open Floorplan
- Ceiling height of 9 feet or more
- Recessed Lighting
- Living Room
- Combination Kitchen and Dining Room
- Wood Flooring
Kitchen
- Eat-In Kitchen
- Electric Oven or Range
- Range Hood
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Upgraded Countertops
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Additional Features
- Energy-Efficient Windows
- Deck
Listing and Financial Details
- Assessor Parcel Number 182263900
Community Details
Overview
- $250 Capital Contribution Fee
- Association fees include electricity, common area maintenance, insurance
- 5 Units
- Low-Rise Condominium
- Built by Atlas Properties
- Olde Kensington Subdivision
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 17, 2021
Closed on
Apr 13, 2022
Sold by
Atlas Philly Ii Llc
Bought by
Varone Adam
Seller's Agent
Ryan Stawasz
KW Empower
Buyer's Agent
Ryan Stawasz
KW Empower
List Price
$375,000
Sold Price
$370,000
Premium/Discount to List
-$5,000
-1.33%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,359
Avg. Annual Appreciation
0.93%
Original Mortgage
$328,000
Interest Rate
5.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 22, 2022
Sold by
Astrit Miraka
Bought by
Tefa Gerti
Purchase Details
Closed on
Oct 7, 2010
Sold by
Chase Michael
Bought by
Miraka Astrit and Tefa Gerti
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.37%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 4, 2001
Sold by
Stenella James and Stenella James
Bought by
Chase Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.52%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Dec 6, 1995
Sold by
Ettelson Sarah I and Ettelson Barry
Bought by
Stenella James and Stenella James
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Varone Adam | $370,000 | Surety Abstract Services | |
| Tefa Gerti | $114,750 | Averett David J | |
| Miraka Astrit | $185,000 | None Available | |
| Chase Michael | $60,000 | -- | |
| Stenella James | $50,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Varone Adam | $328,000 | |
| Previous Owner | Miraka Astrit | $120,000 | |
| Previous Owner | Chase Michael | $60,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/07/2022 06/07/22 | Sold | $370,000 | -1.3% | $303 / Sq Ft |
| 02/12/2022 02/12/22 | Pending | -- | -- | -- |
| 12/22/2021 12/22/21 | Price Changed | $374,999 | 0.0% | $307 / Sq Ft |
| 09/17/2021 09/17/21 | For Sale | $375,000 | -- | $307 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $3,511 | $361,300 | $54,200 | $307,100 |
| 2024 | $3,511 | $325,800 | $65,160 | $260,640 |
| 2023 | $3,511 | $250,800 | $50,156 | $200,644 |
| 2022 | $3,213 | $250,800 | $50,156 | $200,644 |
| 2021 | $3,213 | $0 | $0 | $0 |
| 2020 | $3,213 | $0 | $0 | $0 |
| 2019 | $3,189 | $0 | $0 | $0 |
| 2018 | $2,997 | $0 | $0 | $0 |
| 2017 | $2,100 | $0 | $0 | $0 |
| 2016 | $2,100 | $0 | $0 | $0 |
| 2015 | $2,010 | $0 | $0 | $0 |
| 2014 | -- | $150,000 | $51,400 | $98,600 |
| 2012 | -- | $30,720 | $7,111 | $23,609 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Bright MLS
MLS Number: PAPH2031694
APN: 888000127
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