$395,000
SOLD JUN 3, 2022 RENTED FEB 19, 2025
2 Beds
2 Baths
1,221 Sq Ft
$125/mo HOA Fee

Recently Sold

$324 Per Sq Ft

5% Above List Price

5 Days on Market

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 2022

Are 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 Caf�©, 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 November-December.

Last Agent to Sell the Property

Ryan Stawasz

KW Empower License #rs335536 Listed on: 09/10/2021

KW Empower

Last Buyer's Agent

Francis Mangubat

Keller Williams Main Line

Keller Williams Main Line

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $246

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

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$246

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Fee Simple
  • Inclusions: Refrigerator, washer/dryer
  • New Construction: Yes
  • Story List: Main
  • Year Built: 2021
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range Hood, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer
  • Entry Floor: 1
  • Flooring Type: Hardwood
  • Interior Amenities: Upgraded Countertops, Wood Floors, Recessed Lighting, Kitchen - Eat-In, Floor Plan - Open, Dining Area, Combination Kitchen/Dining
  • Window Features: Energy Efficient
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Floors In Unit Count: 1
  • Levels Count: 4
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Bedroom 1, Laundry, Bathroom 1, Bathroom 2
  • Basement: No
  • Total Sq Ft: 1221
  • Living Area Sq Ft: 1221
  • Price Per Sq Ft: 307.13
  • Above Grade Finished Sq Ft: 1221
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1440

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry, Brick Front
  • Construction Completed: No
  • Roof: Fiberglass
  • 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: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 125.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Electricity, Common Area Maintenance, Insurance
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 250.00

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: 37.00 x 40.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1480.00
  • Outdoor Living Structures: Roof, Deck(s)
  • Property Condition: Excellent
  • Zoning: RM-1

Building Info

  • Builder Name: Atlas Properties

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 246.00
  • Assessor Parcel Number: 182263900
  • Tax Year: 2021
  • Close Date: 06/03/2022

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
Apr 21, 2022
Sold by
Atlas Philly Ii Llc
Bought by
Insler Aaron
Seller's Agent
Ryan Stawasz
KW Empower
Buyer's Agent
Francis Mangubat
Keller Williams Main Line
List Price
$375,000
Sold Price
$395,000
Premium/Discount to List
$20,000
5.33%
Current Estimated Value
$432,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,905
Avg. Annual Appreciation
1.62%
Original Mortgage
$383,150
Interest Rate
5.1%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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 $395,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $383,150 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2025 02/19/25 Rented $2,024 0.0% --
02/17/2025 02/17/25 Under Contract -- -- --
01/27/2025 01/27/25 Price Changed $2,024 -5.9% $2 / Sq Ft
01/09/2025 01/09/25 For Rent $2,150 0.0% --
06/09/2022 06/09/22 Price Changed $375,000 -5.1% $307 / Sq Ft
06/03/2022 06/03/22 Sold $395,000 +5.3% $324 / Sq Ft
12/16/2021 12/16/21 Price Changed $375,000 0.0% $307 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
09/13/2021 09/13/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $375,000 -- $307 / 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 $709 $371,200 $55,600 $315,600
2024 $709 $371,200 $55,600 $315,600
2023 $3,428 $244,900 $48,980 $195,920
2022 $4,724 $337,500 $50,625 $286,875
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2029586

Bright MLS

APN: 888000129