The Colonnade 1601 Spring Garden St Unit 416 Philadelphia, PA 19130
Spring Garden NeighborhoodEstimated Value: $162,000 - $176,000
1
Bed
1
Bath
485
Sq Ft
$441/mo
HOA Fee
Highlights
- Concierge
- 3-minute walk to Spring Garden (Bss)
- Wood Flooring
- Fitness Center
- Traditional Architecture
- Elevator
About This Home
As of September 2022Fantastic opportunity to own a 1-bed, 1-bath condo in move-in condition at the historic Colonnade Condominiums. Completely turn-key with updated kitchen & bath, central air, and hardwood floors. This unit makes for an ideal starter home, investment, or pied a terre. Secure entry with concierge and elevator leads you to this fourth-floor unit with a coat closet, southern exposure with skyline views, and a coveted in-unit washer and dryer. The updated kitchen has granite counters, stainless appliances, and a breakfast bar overlooking the large living room with crown molding and a ceiling fan. The large bedroom boasts high ceilings, a ceiling fan plus a huge walk-in closet. The updated bathroom has a large vanity, custom tile flooring, and a tub with sliding doors & tile surround. The pet-friendly Colonnade is conveniently located in the Art Museum neighborhood with easy access to 95, 676, and 76. The subway is just a few blocks away and you are a quick walk, bike or bus ride to Center City. Low taxes and condo fees that cover water, trash, common areas, and building management. There is also a concierge, exercise room, bicycle storage, and separate storage units in the basement. One of the most affordable turn-key condos in Center City. Easy to rent and ideal for weekend city residents or to add to your investment portfolio. Will not last, schedule your showing today!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,690
Year Built
- Built in 1832
Lot Details
- 479
HOA Fees
- $441 Monthly HOA Fees
Parking
- On-Street Parking
Home Design
- Traditional Architecture
- Masonry
Interior Spaces
- 485 Sq Ft Home
- Property has 1 Level
- Wood Flooring
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
Laundry
- Laundry in unit
- Washer and Dryer Hookup
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Tax Lot 137
- Assessor Parcel Number 888086288
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, management, snow removal, trash, water
- Mid-Rise Condominium
- Colonnade Condos
- Colonnade Community
- Art Museum Area Subdivision
Amenities
- Concierge
- Elevator
- Community Storage Space
Recreation
Pet Policy
- Pets Allowed
- Pet Size Limit
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 31, 2022
Closed on
Sep 9, 2022
Sold by
Gomes Paulo A
Bought by
Reeser Paul Edward
Seller's Agent
Bryan Capone
KW Empower
Buyer's Agent
James Olivieri
Penn-Jersey Realty, LLC
List Price
$175,000
Sold Price
$172,000
Premium/Discount to List
-$3,000
-1.71%
Total Days on Market
66
Views
4
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,111
Avg. Annual Appreciation
3.41%
Original Mortgage
$172,000
Outstanding Balance
$163,921
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$24,483
Purchase Details
Closed on
Mar 29, 2006
Sold by
Kujore Aderonke
Bought by
Waite Kelly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,800
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 3, 2004
Sold by
Vancour Mark S
Bought by
Kujore Aderonke
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,300
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 30, 1997
Sold by
Spring Garden Historic Associates
Bought by
Oglesby Stuart L
Similar Homes in Philadelphia, PA
Create a Home Valuation Report for This Property
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Reeser Paul Edward | $172,000 | -- | |
| Waite Kelly | $143,500 | None Available | |
| Kujore Aderonke | $132,300 | -- | |
| Oglesby Stuart L | $57,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Reeser Paul Edward | $172,000 | |
| Previous Owner | Waite Kelly | $114,800 | |
| Previous Owner | Kujore Aderonke | $132,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/09/2022 09/09/22 | Sold | $172,000 | +1.2% | $355 / Sq Ft |
| 08/05/2022 08/05/22 | Pending | -- | -- | -- |
| 06/21/2022 06/21/22 | Price Changed | $169,900 | -2.9% | $350 / Sq Ft |
| 05/31/2022 05/31/22 | For Sale | $175,000 | 0.0% | $361 / Sq Ft |
| 04/07/2017 04/07/17 | Rented | $1,295 | 0.0% | -- |
| 03/23/2017 03/23/17 | Under Contract | -- | -- | -- |
| 03/07/2017 03/07/17 | For Rent | $1,295 | 0.0% | -- |
| 10/21/2016 10/21/16 | Rented | $1,295 | -2.3% | -- |
| 10/08/2016 10/08/16 | Under Contract | -- | -- | -- |
| 08/10/2016 08/10/16 | For Rent | $1,325 | +3.9% | -- |
| 03/30/2013 03/30/13 | Rented | $1,275 | -1.5% | -- |
| 03/27/2013 03/27/13 | Under Contract | -- | -- | -- |
| 02/26/2013 02/26/13 | For Rent | $1,295 | -- | -- |
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 | $1,860 | $146,100 | $23,300 | $122,800 |
| 2024 | $1,860 | $146,100 | $23,300 | $122,800 |
| 2023 | $1,860 | $132,900 | $21,200 | $111,700 |
| 2022 | $1,061 | $87,900 | $21,200 | $66,700 |
| 2021 | $1,691 | $0 | $0 | $0 |
| 2020 | $1,691 | $0 | $0 | $0 |
| 2019 | $1,538 | $0 | $0 | $0 |
| 2018 | $894 | $0 | $0 | $0 |
| 2017 | $1,314 | $0 | $0 | $0 |
| 2016 | $658 | $0 | $0 | $0 |
| 2015 | $630 | $0 | $0 | $0 |
| 2014 | -- | $77,000 | $7,700 | $69,300 |
| 2012 | -- | $11,424 | $2,623 | $8,801 |
Source: Public Records
Agents Affiliated with this Home
-
Bryan Capone
Seller's Agent in 2022
Bryan Capone
KW Empower
(215) 962-7541
6 in this area
104 Total Sales
-
James Olivieri
Buyer's Agent in 2022
James Olivieri
Penn-Jersey Realty, LLC
(267) 339-4341
1 in this area
72 Total Sales
-
Heidi Logan
Buyer's Agent in 2017
Heidi Logan
BHHS Fox & Roach
41 Total Sales
-
Robert Mika
Buyer's Agent in 2016
Robert Mika
Compass RE
(609) 290-0923
85 Total Sales
-
Anthony Prano
A
Buyer's Agent in 2013
Anthony Prano
KW Empower
(609) 332-7581
30 Total Sales
About The Colonnade
Map
Source: Bright MLS
MLS Number: PAPH2121988
APN: 888086288
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