Otto on the Park 1501 N 31st St Unit 318 Philadelphia, PA 19121
Brewerytown Neighborhood
2
Beds
2
Baths
1,012
Sq Ft
$311/mo
HOA Fee
Highlights
- New Construction
- Contemporary Architecture
- Terrace
- Panoramic View
- Engineered Wood Flooring
- 1-minute walk to 30th & Jefferson Street Park
About This Home
As of January 2023Introducing Otto on the Park: a brand new construction, boutique luxury condo in booming Brewerytown presented exclusively at entry level pricing with parking included. Constructed by renowned developer Equinox and designed by Interface Studio Architects, this unparalleled new development brings luxury living and convenience to the Philadelphia marketplace at a fraction of the price of competitive condo buildings in Philly and other east coast real estate markets. This Garden Collection 2bd x 2ba home features a corner balcony layout with large closets and washer/dryer. Located right off the elevator on the rear NW corner of the building, this unit overlooks the Otto 1 building and the red brick heritage building next door - a perfect composition for the new energy and original character that Brewerytown breathes. Premium features include: 1-car parking, semi-custom designer finish options (for a limited time), private balcony, and a deluxe amenity package with panoramic rooftop kitchen, lounge and dog run, elevator, dog wash station, tech-friendly lobby, Amazon package room, cycle storage and more. Full 10 year tax abatement and low condo fees. Striking architectural flair and curb appeal. Greet guests and visitors in style at one of the city's first port cocheres - a convenient and secure valet drive at the building entrance. Walk to Fairmount Park, the largest urban park in the USA with miles of trails, tennis, golf and more. Walkable to Girard Avenue, the hip neighborhood commercial corridor loaded with destination retail-driven breweries, restaurants, cafes and shops. Easy access to Center City and University City. Just minutes to either downtown district and major transportation connections. Expected delivery Spring 2022. See virtual tour link in section above.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,299
Year Built
- Built in 2022 | 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
- Vegetated Roof
- Wood Roof
- Steel Siding
- Stick Built Home
Interior Spaces
- 1,012 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
- 1 Assigned Parking Space
- 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
Listing and Financial Details
- Home warranty included in the sale of the property
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
May 13, 2022
Closed on
Jan 12, 2023
Sold by
Equinox Brewerytown 1501 Llc
Bought by
Mcdaniel Curtis Lowell and Gatti John William
Seller's Agent
Ryan McManus
Keller Williams Liberty Place
Buyer's Agent
Lisa App
KW Empower
List Price
$375,000
Sold Price
$366,000
Premium/Discount to List
-$9,000
-2.4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.51%
Original Mortgage
$300,000
Outstanding Balance
$292,123
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$105,877
Similar Homes in Philadelphia, PA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $375,000 | Great American Abstract |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $300,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/29/2025 04/29/25 | Price Changed | $360,000 | -4.0% | $356 / Sq Ft |
| 04/10/2025 04/10/25 | For Sale | $375,000 | +2.5% | $371 / Sq Ft |
| 01/25/2023 01/25/23 | Off Market | $366,000 | -- | -- |
| 01/13/2023 01/13/23 | Sold | $366,000 | -2.4% | $362 / Sq Ft |
| 05/13/2022 05/13/22 | Pending | -- | -- | -- |
| 05/13/2022 05/13/22 | For Sale | $375,000 | -- | $371 / 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 | $4,299 | $380,800 | $57,100 | $323,700 |
| 2024 | $4,299 | $380,800 | $57,100 | $323,700 |
| 2023 | $4,299 | $785,000 | $157,000 | $628,000 |
| 2022 | $4,299 | $307,100 | $46,065 | $261,035 |
Source: Public Records
Agents Affiliated with this Home
-
Wendy Schwartz
Seller's Agent in 2025
Wendy Schwartz
Compass RE
(267) 435-8015
140 Total Sales
-
Benjamin Barnett
Seller Co-Listing Agent in 2025
Benjamin Barnett
Compass RE
(267) 228-0333
8 Total Sales
-
Ryan McManus
Seller's Agent in 2023
Ryan McManus
Keller Williams Liberty Place
23 in this area
154 Total Sales
-
Or Aharon
Seller Co-Listing Agent in 2023
Or Aharon
Keller Williams Liberty Place
(267) 270-6634
14 in this area
42 Total Sales
-
Lisa App
Buyer's Agent in 2023
Lisa App
KW Empower
(804) 389-1044
2 in this area
112 Total Sales
About Otto on the Park
Map
Source: Bright MLS
MLS Number: PAPH2116214
APN: 888000234
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