NOT LISTED FOR SALE

1601 Locust St Unit 200 Philadelphia, PA 19102

Rittenhouse Square Neighborhood

Estimated Value: $2,291,000 - $2,885,081

3 Beds
3.5 Baths
3,542 Sq Ft
$2,824/mo HOA Fee

Last Sold October 01, 2014

Last sale price $2,000,000 $565 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $18,674/month

Highlights

  • Commercial Range
  • 1-minute walk to 15Th-16Th & Locust St
  • Wood Flooring
  • Traditional Architecture
  • Cathedral Ceiling
  • 4-minute walk to Rittenhouse Square

About This Home

As of October 2014

"The Lanesborough"...Enjoy luxurious living in this spectacular custom 3 bedroom, 3 1/2 bathroom, 3500 square foot apartment in The Lanesborough, one of Philadelphia's finest residential buildings. Occupying a full floor, the direct access elevator opens into this private and elegant residence with over 3,500 SF, high ceilings, wide open spaces and 360 degree treetop views. This home is exquisitely appointed with beautiful architectural details and has great flow for living and entertaining. From the luxurious master suite to the chef's kitchen, this home is filled with many wonderful amenities. The Lanesborough features a 24-hour doorman, fitness room and is a pet-friendly building. Located in the heart of center city; Rittenhouse square, The Avenue of the Arts, fabulous shopping, restaurants and parking are just steps away.

Last Agent to Sell the Property

Selma Glanzberg

(610) 812-9919 selma@selmaglanzberg.com BHHS Fox & Roach-Haverford License #RS054176A Listed on: 03/10/2014

BHHS Fox & Roach-Haverford

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,720

Year Built

  • Built in 1930

HOA Fees

  • $2,824 Monthly HOA Fees

Home Design

  • Traditional Architecture

Interior Spaces

  • 3,542 Sq Ft Home
  • Cathedral Ceiling
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Commercial Range
  • Built-In Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Parking Lot

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Balcony
  • Property is in good condition

Listing and Financial Details

  • Tax Lot 216
  • Assessor Parcel Number 888035504

Community Details

Overview

  • Association fees include common area maintenance, snow removal, trash
  • $5,648 Other One-Time Fees

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,720

Year Built

Built in 1930

Lot Details

0

HOA Fees

$2,824 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Traditional
  • Ownership: Condominium
  • Exclusions: See Agent
  • Inclusions: See Agent
  • New Construction: No
  • Story List: Main
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Range, Commercial Range, Dishwasher, Refrigerator
  • Flooring Type: Wood
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Elevator, Stall Shower, Kitchen - Eat-In
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings
  • Floors In Unit Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Laundry
  • Basement: No
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 3542
  • Living Area Sq Ft: 3542
  • Net Sq Ft: 3542.00
  • Price Per Sq Ft: 705.82
  • Above Grade Finished Sq Ft: 3542
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1601

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Access To Pool: No
  • Exterior Features: Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Parking Lot

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 2824.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Snow Removal, Trash
  • HOA: No

Fee Information

  • Other Fees: 5648.00
  • Other Fees Frequency: One Time

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Land Use Code: 590
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony
  • Property Condition: Good
  • Zoning: C5

Rental Info

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

Tax Info

  • Tax Annual Amount: 2720.00
  • Assessor Parcel Number: 888035504
  • Tax Lot: 216
  • Tax Year: 2014
  • Close Date: 10/01/2014

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2018
Sold by
Prue Carolyn and Starita Paul Francis
Bought by
888 Locust Llc
Current Estimated Value
$2,492,360

Purchase Details

Listed on
Mar 10, 2014
Closed on
Sep 8, 2014
Sold by
Berk Edwin and Berk Steven
Bought by
Starita Paul F and Prue Carolyn
Seller's Agent
Selma Glanzberg
BHHS Fox & Roach-Haverford
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$2,500,000
Sold Price
$2,000,000
Premium/Discount to List
-$500,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.01%

Purchase Details

Closed on
Apr 26, 2010
Sold by
Kent Tony
Bought by
Berk Laurence

Purchase Details

Closed on
Jun 2, 2004
Sold by
Adr 1601 Locust Lp
Bought by
Kent Tony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,118,400
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
888 Locust Llc $2,600,000 None Available
Starita Paul F -- --
Berk Laurence $34,900 None Available
Kent Tony $2,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kent Tony $2,118,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2014 10/01/14 Sold $2,000,000 -20.0% $565 / Sq Ft
07/22/2014 07/22/14 Pending -- -- --
03/10/2014 03/10/14 For Sale $2,500,000 -- $706 / 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 $33,343 $2,382,000 $214,400 $2,167,600
2024 $33,343 $2,382,000 $214,400 $2,167,600
2023 $33,343 $2,382,000 $214,400 $2,167,600
2022 $27,776 $2,382,000 $214,400 $2,167,600
2021 $27,776 $0 $0 $0
2020 $27,776 $0 $0 $0
2019 $27,776 $0 $0 $0
2018 $22,638 $0 $0 $0
2017 $22,638 $0 $0 $0
2016 $2,842 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $1,540,200 $154,020 $1,386,180
2012 -- $337,664 $50,656 $287,008
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003624945

Bright MLS

APN: 888035504

Pennsylvania Philadelphia County Philadelphia 19102 Rittenhouse Square

1601 Locust St Unit 200, Philadelphia, PA

This home is located at 1601 Locust St Unit 200, Philadelphia, PA 19102 since 10 March 2014 and is currently estimated at $2,492,360, approximately $703 per square foot. This property was built in 1930. 1601 Locust St Unit 200 is a home located in Philadelphia County with nearby schools including Albert M Greenfield School, Benjamin Franklin High School, and Philadelphia Electrical & Tech Charter High School.

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