NOT LISTED FOR SALE

Estimated Value: $402,000 - $492,000

2 Beds
2 Baths
1,360 Sq Ft
$185/mo HOA Fee

Last Sold November 24, 2020

Last sale price $395,000 $290 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,583/month

74 Days on Market

Highlights

  • Penthouse
  • Wood Flooring
  • Skylights
  • Contemporary Architecture
  • Stainless Steel Appliances
  • 2-minute walk to Hancock Park

About This Home

As of November 2020

1524 N. 2nd St. Unit #3---and the TOP REASONS to view quickly:1.) INSTANT EQUITY!! (this home was JUST appraised), and is PRICED TO SELL!! 2.) 6 years remaining on 10 year TAX ABATEMENT. 3.) FANTASTIC VIEWS from the highest roofdeck on the block. you will find in Unit #3-- three levels of living. Enter into the main floor to find an open concept kitchen, living room area, and sliding glass doors out to your front balcony. The second floor features a large primary bedroom suite-which contains a walk-in closet,bathroom with double sink, tiled shower, and separate water closet. The second floor also features the second bedroom, second bathroom, and a separate laundry room. Up to the third level you will find your oversized roof deck area with FANTASTIC VIEWS of the city! The roof deck area features a food/drink prep station with refrigerator, and a gas line for your grill--great for entertaining!4.) LOCATION!! This home is located in Olde Kensington which makes you central to all that FISHTOWN, and NORTHERN LIBERTIES have to offer--and what's to come on the blossoming AMERICAN ST. CORRIDOR project. You will be close to many great restaurants such as Laser Wolf, Front St. Cafe, Pizzeria Beddia, and Suraya, just to name a few. This home is great for commuters of all types--close to lots of public transportation(EL Train Station, bus routes, & Trolley), close to major highway entrances, and even has a great WALK SCORE since all your needs are close by.Check out this home quickly.

Last Agent to Sell the Property

Jeremy Burns

Space & Company Listed on: 07/13/2020

Space & Company

Last Buyer's Agent

Lynn Romolini

BHHS Fox & Roach-Media License #RS227355L

BHHS Fox & Roach-Media

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $653

Year Built

  • Built in 2016

Lot Details

  • 1,220

HOA Fees

  • $185 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Penthouse
  • Contemporary Architecture
  • Fiberglass Roof
  • Masonry

Interior Spaces

  • 1,360 Sq Ft Home
  • Property has 2 Levels
  • Skylights
  • Recessed Lighting
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Front Loading Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 260
  • Assessor Parcel Number 888181286

Community Details

Overview

  • Association fees include common area maintenance, snow removal
  • Low-Rise Condominium
  • Olde Kensington Subdivision

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$653

Year Built

Built in 2016

Lot Details

0

HOA Fees

$185 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Bi-Level, Contemporary
  • Ownership: Condominium
  • Exclusions: grill and roof deck furniture
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Year Built: 2016
  • Automatically Close On Close Date: Yes
  • Remarks Public: 1524 N. 2nd St. Unit #3---and the TOP REASONS to view quickly:1.) INSTANT EQUITY!! (this home was JUST appraised), and is PRICED TO SELL!! 2.) 6 years remaining on 10 year TAX ABATEMENT. 3.) FANTASTIC VIEWS from the highest roofdeck on the block. you will find in Unit #3-- three levels of living. Enter into the main floor to find an open concept kitchen, living room area, and sliding glass doors out to your front balcony. The second floor features a large primary bedroom suite-which contains a walk-in closet,bathroom with double sink, tiled shower, and separate water closet. The second floor also features the second bedroom, second bathroom, and a separate laundry room. Up to the third level you will find your oversized roof deck area with FANTASTIC VIEWS of the city! The roof deck area features a food/drink prep station with refrigerator, and a gas line for your grill--great for entertaining!4.) LOCATION!! This home is located in Olde Kensington which makes you central to all that FISHTOWN, and NORTHERN LIBERTIES have to offer--and what's to come on the blossoming AMERICAN ST. CORRIDOR project. You will be close to many great restaurants such as Laser Wolf, Front St. Cafe, Pizzeria Beddia, and Suraya, just to name a few. This home is great for commuters of all types--close to lots of public transportation(EL Train Station, bus routes, & Trolley), close to major highway entrances, and even has a great WALK SCORE since all your needs are close by.Check out this home quickly.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Stove, Washer, Washer - Front Loading, Water Heater
  • Entry Floor: 3
  • Flooring Type: Hardwood
  • Interior Amenities: Kitchen - Eat-In, Kitchen - Island, Recessed Lighting, Skylight(s), Primary Bath(s), Stall Shower, Walk-In Closet(s), Wood Floors, Sprinkler System
  • Fireplace: No
  • Floors In Unit Count: 3
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit, Upper Floor
  • Total Sq Ft: 1360
  • Living Area Sq Ft: 1360
  • Price Per Sq Ft: 286.03
  • Above Grade Finished Sq Ft: 1360
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1524

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 185.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Snow Removal
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Assessed Value: 46680.00
  • Land Use Code: 571
  • Lot Dimensions: 17.00 x 72.80
  • Year Assessed: 2020
  • Zoning: RM1

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 984157
  • School Tax: 359.00
  • Tax Annual Amount: 653.00
  • Assessor Parcel Number: 888181286
  • Tax Lot: 260
  • Tax Total Finished Sq Ft: 1360
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 11/24/2020

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2020
Closed on
Nov 19, 2020
Sold by
Rea James M
Bought by
Marincola Joseph Jack
Seller's Agent
Jeremy Burns
Space & Company
Buyer's Agent
Lynn Romolini
BHHS Fox & Roach-Media
List Price
$399,999
Sold Price
$395,000
Premium/Discount to List
-$4,999
-1.25%
Total Days on Market
74
Current Estimated Value
$439,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,500
Avg. Annual Appreciation
2.17%
Original Mortgage
$375,250
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 25, 2016
Closed on
Dec 19, 2016
Sold by
Leaning Edge Homes Llc
Bought by
Rea James
Seller's Agent
Jared Isaacs
See Associates, Inc.
Buyer's Agent
Dana Friedman
Keller Williams Realty Devon-Wayne
List Price
$389,900
Sold Price
$345,750
Premium/Discount to List
-$44,150
-11.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.45%
Original Mortgage
$276,600
Interest Rate
3.94%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Marincola Joseph Jack $395,000 Brt
Rea James $345,750 Partners Abstract Of Pa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marincola Joseph Jack $375,250
Previous Owner Rea James $276,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $395,000 +1.5% $290 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
09/15/2020 09/15/20 Price Changed $389,000 -1.5% $286 / Sq Ft
08/18/2020 08/18/20 Price Changed $395,000 -1.2% $290 / Sq Ft
07/13/2020 07/13/20 For Sale $399,999 +15.7% $294 / Sq Ft
12/19/2016 12/19/16 Sold $345,750 -0.5% $254 / Sq Ft
11/18/2016 11/18/16 Pending -- -- --
10/31/2016 10/31/16 Price Changed $347,500 -3.4% $256 / Sq Ft
10/05/2016 10/05/16 Price Changed $359,900 -7.7% $265 / Sq Ft
08/25/2016 08/25/16 For Sale $389,900 -- $287 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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 $784 $392,000 $58,800 $333,200
2024 $784 $392,000 $58,800 $333,200
2023 $784 $373,400 $56,000 $317,400
2022 $653 $56,000 $56,000 $0
2021 $653 $0 $0 $0
2020 $653 $0 $0 $0
2019 $653 $0 $0 $0
2018 $4,356 $0 $0 $0
2017 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH914194

Bright MLS

APN: 888181286