$145,000
SOLD MAR 28, 2025
1 Bed
1 Bath
503 Sq Ft
$278/mo HOA Fee

Recently Sold

$288 Per Sq Ft

16% Above List Price

25 Days on Market

Highlights

  • Concierge
  • 3-minute walk to 15Th-16Th & Locust St
  • Walk-In Closet
  • Fitness Center
  • Wood Flooring
  • Dogs and Cats Allowed

About This Home

As of March 2025

Rare opportunity to own a unit at The Drake! The historic building features a well-appointed lobby staffed with a doorperson and a fitness center. Take the elevator up to the 17th floor where unit 1710 is awaiting its next owner. This unit features a living room, galley kitchen with gas cooking, and a separate bedroom with en suite bath with vintage tile and double closets, one of which is a walk-in. A savvy investor may rethink the layout and finishes, or a unit owner looking for a pied-à-terre or economical Rittenhouse condo may renovate to their own liking. This is a Guardianship listing, please allow minimum of 60 days settlement for court approval. This is a pet-friendly building and two pets are allowed per unit $25/month for each pet with a one-time fee of $250 for each pet. Upon information and belief, in-unit laundry can be added.

Last Agent to Sell the Property

Lindsey Koontz

(215) 806-7176 lindsey@lindseykoontz.com Keller Williams Main Line Listed on: 12/20/2024

Keller Williams Main Line

Co-Listed By

Brooke Willmes

(267) 980-5858 brooke@brookeandcohomes.com Keller Williams Main Line License #RS288415

Last Buyer's Agent

Carol Strasfeld

(301) 806-8871 carolstrasfeld@gmail.com Unrepresented Buyer Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $991

Year Built

  • Built in 1930

Lot Details

  • Historic Home
  • Property is in below average condition

HOA Fees

  • $278 Monthly HOA Fees

Home Design

  • Entry on the 17th floor
  • Masonry

Interior Spaces

  • 503 Sq Ft Home
  • Property has 1 Level

Flooring

  • Wood
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Baseboard Heater

Listing and Financial Details

  • Tax Lot 838
  • Assessor Parcel Number 888071204

Community Details

Overview

  • Association fees include common area maintenance, water
  • High-Rise Condominium
  • The Drake Condo
  • Rittenhouse Square Subdivision

Amenities

  • Concierge
  • Common Area

Recreation

  • Fitness Center

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$991

Year Built

Built in 1930

Lot Details

0

HOA Fees

$278 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Historic: Yes
  • Inclusions: Everything in the unit currently as-is. If seller wishes to remove anything, seller reserves the right.
  • New Construction: No
  • Story List: Main
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Rare opportunity to own a unit at The Drake! The historic building features a well-appointed lobby staffed with a doorperson and a fitness center. Take the elevator up to the 17th floor where unit 1710 is awaiting its next owner. This unit features a living room, galley kitchen with gas cooking, and a separate bedroom with en suite bath with vintage tile and double closets, one of which is a walk-in. A savvy investor may rethink the layout and finishes, or a unit owner looking for a pied-à-terre or economical Rittenhouse condo may renovate to their own liking. This is a Guardianship listing, please allow minimum of 60 days settlement for court approval. This is a pet-friendly building and two pets are allowed per unit $25/month for each pet with a one-time fee of $250 for each pet. Upon information and belief, in-unit laundry can be added.
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 17
  • Flooring Type: Wood, Vinyl, Tile/Brick
  • Interior Amenities: Walk-In Closet(s)
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 503
  • Living Area Sq Ft: 503
  • Price Per Sq Ft: 248.51
  • Above Grade Finished Sq Ft: 503
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1512

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 277.61
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Drake Condo
  • HOA Condo Co-Op Amenities: Fitness Center, Elevator, Concierge, Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Water
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Land Use Code: 590
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Below Average
  • Year Assessed: 2024
  • Zoning: RMX3

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 555.00
  • Tax Annual Amount: 991.00
  • Assessor Parcel Number: 888071204
  • Tax Lot: 838
  • Tax Total Finished Sq Ft: 503
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 03/28/2025

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Range of Values:

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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
03/28/2025 03/28/25 Sold $145,000 +16.0% $288 / Sq Ft
01/14/2025 01/14/25 Pending -- -- --
12/20/2024 12/20/24 For Sale $125,000 -- $249 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2428634

Bright MLS