Otto on the Park 1501 N 31st St Unit 412 Philadelphia, PA 19121
Brewerytown Neighborhood
2
Beds
2
Baths
1,037
Sq Ft
$326/mo
HOA Fee
Highlights
- New Construction
- Open Floorplan
- Contemporary Architecture
- City View
- Deck
- 1-minute walk to 30th & Jefferson Street Park
About This Home
As of August 2025This 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.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,341
Year Built
- Built in 2025 | New Construction
HOA Fees
- $326 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Metal Siding
Interior Spaces
- 1,037 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
- 2 Main Level Bedrooms
- 2 Full Bathrooms
- Walk-in Shower
Laundry
- Dryer
- Washer
Parking
- 1 Open Parking Space
- 1 Parking Space
- Parking Lot
- 1 Assigned Parking Space
- Secure Parking
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 888000236
Community Details
Overview
- $652 Capital Contribution Fee
- Association fees include insurance, pest control, common area maintenance, security gate, snow removal, trash, fiber optics available, management, parking fee, water
- Mid-Rise Condominium
- The Otto Condos
- Brewerytown Subdivision
Pet Policy
- Pets Allowed
Amenities
- Elevator
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 17, 2024
Closed on
Aug 1, 2025
Sold by
Equinox Brewerytown 1501 Llc
Bought by
Klein Stuart and Klein Jamie
Seller's Agent
Jim Onesti
KW Empower
Buyer's Agent
Bob Kiziroglou
Long & Foster Real Estate, Inc.
List Price
$385,000
Sold Price
$365,000
Premium/Discount to List
-$20,000
-5.19%
Views
18
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
157.65%
Purchase Details
Closed on
Apr 15, 2024
Sold by
Beach Street Owner Llc
Bought by
Vardhan Prasad Hursh and Kaur Panesar Suprit
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$735,465
Interest Rate
6.87%
Mortgage Type
New Conventional
Similar Homes in Philadelphia, PA
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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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $365,000 | Sentex Settlement Services | |
| Deed | $1,050,838 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $735,465 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/24/2025 08/24/25 | Off Market | $1,995 | -- | -- |
| 08/06/2025 08/06/25 | Price Changed | $1,995 | 0.0% | $2 / Sq Ft |
| 08/04/2025 08/04/25 | Sold | $365,000 | 0.0% | $352 / Sq Ft |
| 08/02/2025 08/02/25 | For Rent | $2,000 | 0.0% | -- |
| 07/02/2025 07/02/25 | Pending | -- | -- | -- |
| 12/17/2024 12/17/24 | For Sale | $385,000 | -- | $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 | $4,341 | $384,500 | $57,600 | $326,900 |
| 2024 | $4,341 | $384,500 | $57,600 | $326,900 |
| 2023 | $3,726 | $1,100,000 | $220,000 | $880,000 |
| 2022 | $4,341 | $310,100 | $46,515 | $263,585 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Onesti
Seller's Agent in 2025
Jim Onesti
KW Empower
(215) 709-4242
11 in this area
520 Total Sales
-
Arvind Balaji
Seller Co-Listing Agent in 2025
Arvind Balaji
KW Empower
(267) 815-2016
7 in this area
209 Total Sales
-
Bob Kiziroglou
Buyer's Agent in 2025
Bob Kiziroglou
Long & Foster
(267) 353-4123
5 in this area
102 Total Sales
About Otto on the Park
Map
Source: Bright MLS
MLS Number: PAPH2428732
APN: 888000236
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