NOT LISTED FOR SALE

Otto on the Park 1501 N 31st St Unit 414 Philadelphia, PA 19121

Brewerytown Neighborhood
3 Beds
3 Baths
1,504 Sq Ft
$455/mo HOA Fee

Last Sold August 07, 2024

Last sale price $510,000 $339 Per Sq Ft

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 August 2024

Only a few units left at Philly's most affordable, new luxury condo development: Otto on the Park. With secure/gated parking (covered and EV charging available for fee), valet-style arrival parking in the front of the building, a luxurious lobby, elevator, rooftop kitchen, lounge + dog run, Otto on the Park provides residents and investors alike with style, comfort and convenience. Optimally positioned in Brewerytown right by Fairmount Park, nearby amenities include Rival Bros Cafe (grand opening next door), Brewerytown Food Hall, Crime & Punishment Brewing, Aldi Grocer, Bagels & Co, Whole Foods, Green Eggs Cafe, and so much more. The Museums District is walkable to the property, featuring world-class institutions like The Barnes, Philadelphia Museum of Art, Rodin Gallery, Calder Gardens, and more. The Schuylkill River and the trail are also walkable from Otto on the Park. Two-bedroom and Three-bedroom units remain available for sale while they last in Phase 2. The building features prominently in the neighborhood—adjacent to a neighborhood playground and park, with dramatic architectural presence and curb appeal, and "green space" views for the east facing unit line. The interiors are fitted out with beautiful fixtures, floors, tile, stone and appliances. Each unit has a private balcony and several units remaining feature their own private penthouse roofdecks! The common rooftop terrace is the ultimate environment to soak up skyline views, fireworks celebrations and park views — all while fostering a sense of community within the building. 10 year tax abatement. Enquire within for remaining unit types and parking availability.

Last Agent to Sell the Property

Ryan McManus

ryan@agentphl.com Keller Williams Liberty Place Listed on: 06/03/2024

Co-Listed By

Or Aharon

(267) 270-6634 or@agentphl.com Keller Williams Liberty Place License #RS354310

Last Buyer's Agent

Peter Rossi

(609) 618-3307 pete.rossi@redfin.com Redfin Corporation

Redfin Corporation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,320

Year Built

  • Built in 2021 | New Construction

Lot Details

  • Downtown Location
  • Property is in excellent condition

HOA Fees

  • $455 Monthly HOA Fees

Property Views

  • Panoramic
  • Park or Greenbelt

Home Design

  • Contemporary Architecture
  • Entry on the 4th floor
  • Vegetated Roof
  • Wood Roof
  • Steel Siding
  • Stick Built Home
  • Masonry

Interior Spaces

  • 1,504 Sq Ft Home
  • Engineered Wood Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Home Security

  • Surveillance System
  • Security Gate
  • Intercom
  • Exterior Cameras

Parking

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

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

  • Tax Lot 5113
  • Assessor Parcel Number 888000238

Community Details

Overview

  • Mid-Rise Condominium
  • Brewerytown Subdivision
  • Property has 5 Levels

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,320

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$455 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: 2021
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 4
  • Flooring Type: Engineered Wood
  • Fireplace: No
  • Levels Count: 5
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1504
  • Living Area Sq Ft: 1504
  • Price Per Sq Ft: 342.42
  • Above Grade Finished Sq Ft: 1504
  • Above Grade Finished Area Units: Square Feet

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, Below Grade
  • Construction Materials: Masonry, Mixed, Concrete, Stick Built, Steel Siding
  • Construction Completed: No
  • Exterior Features: Bbq Grill, Exterior Lighting
  • Roof: Vegetated, Wood
  • View: City, Panoramic, Park/Greenbelt
  • 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: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Intercom, Exterior Cameras, Security System, Security Gate, Surveillance Sys, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 455.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1.00
  • Outdoor Living Structures: Balcony, Roof, Terrace
  • Property Condition: Excellent
  • Zoning: RSA5

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 2919.00
  • Tax Annual Amount: 5320.00
  • Assessor Parcel Number: 888000238
  • Tax Lot: 5113
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2024 08/07/24 Sold $510,000 -1.0% $339 / Sq Ft
06/03/2024 06/03/24 For Sale $515,000 -- $342 / Sq Ft
06/02/2024 06/02/24 Pending -- -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Ryan McManus

    Seller's Agent in 2024

    Ryan McManus

    Keller Williams Liberty Place

    (267) 838-5265

    21 in this area

    144 Total Sales

    Ryan McManus
    Section Image
  • Or Aharon

    Seller Co-Listing Agent in 2024

    Or Aharon

    Keller Williams Liberty Place

    (267) 270-6634

    14 in this area

    44 Total Sales

    Or Aharon
    Section Image

  • P

    Buyer's Agent in 2024

    Peter Rossi

    Redfin Corporation

    Peter Rossi
    Section Image
See All Agents

About Otto on the Park

Map

Source: Bright MLS

MLS Number: PAPH2361680

Bright MLS

APN: 88-8000238

Pennsylvania Philadelphia County Philadelphia 19121 Brewerytown

1501 N 31st St Unit 414, Philadelphia, PA

Not Listed for Sale

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