Seller's Agent in 2023
Ryan McManus
Keller Williams Liberty Place
(267) 838-5265
21 in this area
144 Total Sales
Otto on the Park 1501 N 31st St Unit 315 Philadelphia, PA 19121
Brewerytown NeighborhoodEstimated Value: $445,000
2
Beds
2
Baths
1,110
Sq Ft
$311/mo
HOA Fee
Highlights
- New Construction
- Panoramic View
- Engineered Wood Flooring
- Langston Hughes Middle School Rated A-
- Contemporary Architecture
- 1-minute walk to 30th & Jefferson Street Park
About This Home
As of July 2023Otto on the Park: Philly's newest boutique luxury condo development is now move-in-ready!
Ask about our interest rate buy-down program with our preferred lender and save as much as
2% on your mortgage by locking in today. 2bd, 3bd units + select penthouses (with private
roofdecks) remain available for sale, while they last. Contemporary fit and finish kits include
quartz counters, floating vanities, high-tech appliance packages, washer-dryer in-unit, LED
lighting, engineered hardwood floors, modern cabinetry, tile and plumbing fixtures—plus
optional upgrades like heated floors. Amenities include a package room, porte cochere (valet)
for guests and deliveries, secure gated and lit parking area, dog wash, elevator, deluxe rooftop
terrace with outdoor kitchen, lounge and dog run, panoramic city skyline views and more. Each
unit has its own private balcony for dedicated outdoor space. Designed by AIA-award-winning
Interface Studio Architects and built by Equinox Construction & Management. Walkable to
Fairmount Park, the largest urban park in the USA; and iconic destinations like Boathouse Row
and the Philadelphia Museum of Art. Also walkable to Schuylkill River Trail, Fairmount amenities
and shopping; and the vibrant Girard Avenue commercial corridor lined with pubs, breweries,
cafes, restaurants and shops. A well-known coffee shop is opening just a few doors down from
Otto, plus a renowned food hall just opened right down the street — Otto on the Park is
convenient to everything in the Brewerytown neighborhood and The City of Philadelphia. 10
year tax abatement, low condo fees, 1-car parking included. EV parking and covered parking
available for an additional fee.
Last Agent to Sell the Property
ryan@agentphl.com Keller Williams Liberty Place Listed on: 06/07/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,380
Year Built
- Built in 2023 | New Construction
Lot Details
- Downtown Location
- South Facing Home
- Property is in excellent condition
HOA Fees
- $311 Monthly HOA Fees
Property Views
- Panoramic
- Park or Greenbelt
Home Design
- Contemporary Architecture
- Entry on the 2nd floor
- Vegetated Roof
- Wood Roof
- Steel Siding
- Stick Built Home
Interior Spaces
- 1,110 Sq Ft Home
- Engineered Wood Flooring
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Home Security
- Surveillance System
- Security Gate
- Intercom
- Exterior Cameras
Parking
- Electric Vehicle Home Charger
- Parking Lot
- Secure Parking
Accessible Home Design
- Accessible Elevator Installed
Outdoor Features
- Terrace
- Exterior Lighting
- Outdoor Grill
Utilities
- Central Heating and Cooling System
- Cooling System Utilizes Natural Gas
- Natural Gas Water Heater
Community Details
Overview
- $640 Capital Contribution Fee
- 32 Units
- Mid-Rise Condominium
- Built by EQUINOX
- Brewerytown Subdivision, Otto On The Park Floorplan
- Property has 5 Levels
Amenities
- 1 Elevator
Pet Policy
- Pets allowed on a case-by-case basis
Security
- Security Service
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 7, 2022
Closed on
Jul 19, 2023
Sold by
Equinox Brewerytown 1501 Llc
Bought by
Bhuiyan Mubarrat Nuvid
Seller's Agent
Ryan McManus
Keller Williams Liberty Place
Buyer's Agent
Alon Seltzer
Compass RE
List Price
$395,000
Sold Price
$385,000
Premium/Discount to List
-$10,000
-2.53%
Views
31
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
$60,000
Original Mortgage
$308,000
Outstanding Balance
$300,234
Interest Rate
6.71%
Mortgage Type
Construction
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 |
|---|---|---|---|
| Bhuiyan Mubarrat Nuvid | $385,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bhuiyan Mubarrat Nuvid | $308,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/19/2023 07/19/23 | Sold | $385,000 | +2.9% | $347 / Sq Ft |
| 02/24/2023 02/24/23 | Price Changed | $374,000 | -6.3% | $337 / Sq Ft |
| 10/04/2022 10/04/22 | Price Changed | $399,000 | +1.0% | $359 / Sq Ft |
| 08/02/2022 08/02/22 | For Sale | $395,000 | 0.0% | $356 / Sq Ft |
| 06/07/2022 06/07/22 | Pending | -- | -- | -- |
| 06/07/2022 06/07/22 | For Sale | $395,000 | -- | $356 / 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 |
|---|---|---|---|---|
| 2026 | $4,380 | $2,414,000 | $482,800 | $1,931,200 |
| 2025 | $4,380 | $2,414,000 | $482,800 | $1,931,200 |
| 2024 | $4,380 | $312,900 | $46,935 | $265,965 |
| 2023 | $3,759 | $750,000 | $150,000 | $600,000 |
| 2022 | $4,380 | $312,900 | $46,935 | $265,965 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan McManus
-
Kate Muckenhirn
Seller Co-Listing Agent in 2023
Kate Muckenhirn
Coldwell Banker Realty
(484) 799-9197
5 in this area
24 Total Sales
-
Alon Seltzer
Buyer's Agent in 2023
Alon Seltzer
Compass RE
(215) 915-2000
1 in this area
160 Total Sales
-
Thatcher Brusilow
Buyer Co-Listing Agent in 2023
Thatcher Brusilow
Compass RE
(610) 937-3822
1 in this area
39 Total Sales
About Otto on the Park
Map
Source: Bright MLS
MLS Number: PAPH2113918
APN: 882000231
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