$397,000 - $455,000
RENTED JAN 8, 2025
2 Beds
2.5 Baths
1,130 Sq Ft
$377 Price per Sq Ft

Highlights

  • 1 Car Attached Garage
  • Dogs Allowed
  • 1-minute walk to Hancock Park
  • Central Heating and Cooling System

About This Home

As of January 2025

*Available Now!*

Welcome to 1500 N Palethorp St, Unit 11! This stunning newer construction features 2 bedrooms, and 2 full/2 half bathrooms. Located in Olde Kensington this modern home offers a perfect blend of style and functionality. Some local amenities include, Pizzeria Beddia, Middle Child Clubhouse, Suraya, Frankford Hall, Hancock Playground, and so much more! As you step inside, you’ll be greeted by a spacious living area with tons of natural light, and quick access to the units first half bathroom. The well-equipped kitchen includes a microwave, stove/oven, dishwasher, plenty of cabinet space and even a large breakfast bar! Both bedrooms offer ample closet space with large windows, and en-suite bathrooms. This house also features a roof deck, offering breathtaking views of the surrounding neighborhood and a flex space that can serve as an office , extra storage, or even a home gym! With an attached 1-car parking space, you’ll never have to worry about finding a parking spot again. Additionally, stay comfortable year round with the central AC system and never worry again about laundry day with the in-unit washer/dryer!

Lease Terms: Generally, 1st month, and 1-month security deposit due at, or prior to, lease signing. Other terms may be required by Landlord such as last month’s rent upfront. $65 application fee per applicant. Pets are conditional on the owner’s approval and may require an additional fee if accepted. Tenants are responsible for: electricity, gas (if applicable). Water is a flat monthly fee of $75. Additional fees or requirements may be applicable for units with Homeowners or Condo Associations. Landlord Requirements: Applicants to make 3x the monthly rent in verifiable gross income, credit history to be considered, have no evictions within the past 5 years, and must have a verifiable rental history with on-time rental payments. Exceptions to this criteria may exist under the law and will be considered. Cosigners will be considered.

*Dogs permitted; $500 Non-Refundable pet fee required.

Please call to schedule an appointment for a showing!

Last Agent to Rent the Property

Angela Calvanese

Keller Williams Main Line License #RS321046 Listed on: 10/18/2024

Keller Williams Main Line

Last Renter's Agent

Carol Strasfeld

Unrepresented Buyer Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,940

Year Built

  • Built in 2014

Lot Details

  • 992 Sq Ft Lot
  • Property is zoned RM-1

Parking

  • 1 Car Attached Garage

Home Design

  • Masonry

Interior Spaces

  • 1,130 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • Olde Kensington Subdivision

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,150
  • Tenant pays for electricity, gas, water
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 10/18/24
  • $65 Application Fee
  • Assessor Parcel Number 888181178

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,940

Year Built

Built in 2014

Lot Details

0

Parking

1

Rental Info

  • Date Available: 2024-10-18
  • Application Fee: 65.00
  • Pet Deposit: 500.00
  • Pets: Pet Addendum/Deposit, Dogs Ok
  • Pets Allowed: Yes
  • Security Deposit: 2150.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Electricity, Gas, Water
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • New Construction: No
  • Story List: Main
  • Year Built: 2014
  • Remarks Public: *Available Now!* Welcome to 1500 N Palethorp St, Unit 11! This stunning newer construction features 2 bedrooms, and 2 full/2 half bathrooms. Located in Olde Kensington this modern home offers a perfect blend of style and functionality. Some local amenities include, Pizzeria Beddia, Middle Child Clubhouse, Suraya, Frankford Hall, Hancock Playground, and so much more! As you step inside, you’ll be greeted by a spacious living area with tons of natural light, and quick access to the units first half bathroom. The well-equipped kitchen includes a microwave, stove/oven, dishwasher, plenty of cabinet space and even a large breakfast bar! Both bedrooms offer ample closet space with large windows, and en-suite bathrooms. This house also features a roof deck, offering breathtaking views of the surrounding neighborhood and a flex space that can serve as an office , extra storage, or even a home gym! With an attached 1-car parking space, you’ll never have to worry about finding a parking spot again. Additionally, stay comfortable year round with the central AC system and never worry again about laundry day with the in-unit washer/dryer! Lease Terms: Generally, 1st month, and 1-month security deposit due at, or prior to, lease signing. Other terms may be required by Landlord such as last month’s rent upfront. $65 application fee per applicant. Pets are conditional on the owner’s approval and may require an additional fee if accepted. Tenants are responsible for: electricity, gas (if applicable). Water is a flat monthly fee of $75. Additional fees or requirements may be applicable for units with Homeowners or Condo Associations. Landlord Requirements: Applicants to make 3x the monthly rent in verifiable gross income, credit history to be considered, have no evictions within the past 5 years, and must have a verifiable rental history with on-time rental payments. Exceptions to this criteria may exist under the law and will be considered. Cosigners will be considered. *Dogs permitted; $500 Non-Refundable pet fee required. Please call to schedule an appointment for a showing!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Entry Floor: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1130
  • Living Area Sq Ft: 1130
  • Price Per Sq Ft: 1.90
  • Above Grade Finished Sq Ft: 1130
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1500

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • 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: Covered Parking
  • 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
  • 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

  • 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: 0.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 992.00
  • Zoning: RM-1

Tax Info

  • Assessor Parcel Number: 888181178
  • Close Date: 01/08/2025

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2018
Sold by
Palethorp I Lp
Bought by
Nicole So Wan Mai
Current Estimated Value
$425,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,650
Outstanding Balance
$291,835
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$134,085
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
Nicole So Wan Mai $345,000 City Abstract Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nicole So Wan Mai $334,650
Previous Owner Palethorpe 1 Lp $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2025 01/08/25 Rented $2,150 0.0% --
12/20/2024 12/20/24 Price Changed $2,150 -7.3% $2 / Sq Ft
11/21/2024 11/21/24 Price Changed $2,320 -3.1% $2 / Sq Ft
10/18/2024 10/18/24 For Rent $2,395 -- --
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 $4,940 $388,100 $58,100 $330,000
2024 $4,940 $388,100 $58,100 $330,000
2023 $740 $352,900 $52,900 $300,000
2022 $740 $52,900 $52,900 $0
2021 $740 $0 $0 $0
2020 $740 $0 $0 $0
2019 $706 $0 $0 $0
2018 $641 $0 $0 $0
2017 $641 $0 $0 $0
2016 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2411696

Bright MLS

APN: 888181178