$459,000
NEW CONSTRUCTION

Estimated payment $2,997/month

Total Views 8,421
3 Beds
3 Baths
1,503 Sq Ft
$305 Price per Sq Ft

Highlights

  • New Construction
  • Open Floorplan
  • Contemporary Architecture
  • City View
  • Deck
  • 1-minute walk to 30th & Jefferson Street Park

About This Home

This property qualifies for a 1% INTEREST RATE BUY DOWN for the 1st year at ZERO cost when using the preferred lender! Welcome to Otto on the Park, a sophisticated collection of contemporary condos offering the convenience of parking and more. Enjoy a tax abatement through 2032! Amidst a burgeoning neighborhood, this unit boasts a private balcony and a shared roof deck with breathtaking skyline views. The open floor plan features hardwood floors, soaring ceilings, and abundant natural light throughout. The spacious living area includes large windows, recessed lighting, and ample space for an entertainment setup. A dining area with balcony access compliments the chef-style kitchen equipped with white cabinetry, a generously sized island with breakfast bar, subway tile backsplash, and stainless steel appliances. The unit offers three well-appointed bedrooms with ample closet space. Both graciously sized bathrooms are elegantly designed with beautiful finishes. Additional highlights include in-unit laundry facilities and convenient storage space. Residents can enjoy a communal roof deck featuring a kitchenette, grill, skyline panoramas, dog run, and room for gatherings. Nearby amenities include Revival Brothers Coffee across the street, as well as proximity to Fairmount attractions such as the Schuylkill River Trail, Boathouse Row, and the Philadelphia Zoo. Taxes & square footage are the buyer's responsibility to verify independently. Photos are for marketing purposes only and may not portray actual finishes/be from another unit. Inquire with the listing team for more details. The PAR Standard Agreement of Sale for New Construction must be used for new construction properties, whether completed or not.

Listing Agent

Jim Onesti

KW Empower Listed on: 07/26/2024

KW Empower

Co-Listing Agent

Arvind Balaji

KW Empower

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $554

Year Built

  • Built in 2024 | New Construction

HOA Fees

  • $469 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor
  • Metal Siding

Interior Spaces

  • 1,503 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Recessed Lighting
  • Dining Area
  • Intercom

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot
  • 1 Assigned Parking Space

Outdoor Features

  • Deck
  • Terrace

Schools

  • Strawberry Mansion High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Accessible Elevator Installed
  • Property is in excellent condition

Listing and Financial Details

  • Assessor Parcel Number 888001279

Community Details

Overview

  • $938 Capital Contribution Fee
  • Association fees include common area maintenance, pest control, trash, snow removal, insurance, security gate, water, parking fee, management, fiber optics available
  • Mid-Rise Condominium
  • The Otto Condos
  • Brewerytown Subdivision

Pet Policy

  • Pets Allowed

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$554

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$469 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main
  • Year Built: 2024
  • Remarks Public: This property qualifies for a 1% INTEREST RATE BUY DOWN for the 1st year at ZERO cost when using the preferred lender! Welcome to Otto on the Park, a sophisticated collection of contemporary condos offering the convenience of parking and more. Enjoy a tax abatement through 2032! Amidst a burgeoning neighborhood, this unit boasts a private balcony and a shared roof deck with breathtaking skyline views. The open floor plan features hardwood floors, soaring ceilings, and abundant natural light throughout. The spacious living area includes large windows, recessed lighting, and ample space for an entertainment setup. A dining area with balcony access compliments the chef-style kitchen equipped with white cabinetry, a generously sized island with breakfast bar, subway tile backsplash, and stainless steel appliances. The unit offers three well-appointed bedrooms with ample closet space. Both graciously sized bathrooms are elegantly designed with beautiful finishes. Additional highlights include in-unit laundry facilities and convenient storage space. Residents can enjoy a communal roof deck featuring a kitchenette, grill, skyline panoramas, dog run, and room for gatherings. Nearby amenities include Revival Brothers Coffee across the street, as well as proximity to Fairmount attractions such as the Schuylkill River Trail, Boathouse Row, and the Philadelphia Zoo. Taxes & square footage are the buyer's responsibility to verify independently. Photos are for marketing purposes only and may not portray actual finishes/be from another unit. Inquire with the listing team for more details. The PAR Standard Agreement of Sale for New Construction must be used for new construction properties, whether completed or not.
  • Washer Dryer Hookups YN: Yes
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Intercom, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Entry Floor: 3
  • Interior Amenities: Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Elevator, Floor Plan - Open, Intercom, Kitchen - Island, Recessed Lighting, Bathroom - Stall Shower, Upgraded Countertops
  • Fireplace: No
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1503
  • Living Area Sq Ft: 1503
  • Price Per Sq Ft: 305.39
  • Above Grade Finished Sq Ft: 1503
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1501

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Metal Siding
  • Construction Completed: Yes
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 468.82
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Otto
  • HOA Condo Co-Op Amenities: Elevator
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pest Control, Trash, Snow Removal, Insurance, Security Gate, Water, Parking Fee, Management, Fiber Optics Available
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 937.64

Schools

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

Lot Info

  • Outdoor Living Structures: Roof, Deck(s), Terrace
  • Property Condition: Excellent
  • Zoning: RES

Rental Info

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

Tax Info

  • Tax Annual Amount: 1.00
  • Assessor Parcel Number: 888001279
  • Tax Year: 2024

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $554 $456,000 $68,400 $387,600
2024 $554 $456,000 $68,400 $387,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Price Changed $459,000 -5.4% $305 / Sq Ft
04/21/2025 04/21/25 Price Changed $485,000 -3.0% $323 / Sq Ft
07/26/2024 07/26/24 For Sale $500,000 -- $333 / Sq Ft
Source: Bright MLS

Source: Bright MLS

MLS Number: PAPH2380520

Bright MLS

APN: 888001279