NOT LISTED FOR SALE

1612 Cambridge St Unit 303 Philadelphia, PA 19130

Fairmount Neighborhood

Estimated Value: $357,000

2 Beds
2 Baths
1,000 Sq Ft
$173/mo HOA Fee

Last Sold May 02, 2023

Last sale price $430,000 $430 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $2,612/month

9 Days on Market

Highlights

  • New Construction
  • Electric Vehicle Home Charger
  • Level Entry For Accessibility
  • Gated Community
  • Garage doors are at least 85 inches wide
  • 4-minute walk to Eastern State Playpen

About This Home

As of May 2023

Introducing SIXTEEN TWELVE Condominiums! PRICE INCLUDES GATED PARKING! A 21 unit luxury condominium building. Sixteen Twelve features top-of-the-line GE Cafe appliance packages, custom kitchen cabinetry, LED lighting throughout, Gerber bath and kitchen fixtures, built-in surround sound speakers, modern European bath finishes and tile, beautifully designed casework, and accents. In addition, the property will feature a building-wide automation and state-of-the-art access control system with security monitoring and surveillance for peace of mind. Residents will enjoy a modern building with many amenities commonly found in downtown hi-rise buildings. The elevator will take you from your unit to a well-appointed rooftop with panoramic city views perfect for relaxing or entertaining. Every residence comes with the use of your own private storage room in the cellar, which will also be serviced by the elevator. These condos feature: HVAC: Central Air Equipment; Air Handler 1.5-2Ton 14 SEER Heat Pump, 5KW Programmable smart thermostat, 40 gallon water heater, KBE 70mm European tilt and turn windows Low-E/Argon, Prewired for cable internet: Comcast and Verizon will be available, Secure Entrance with Elevator Access, Fully Furnished common area Green Roof deck equipped with pedestal porcelain pavers. Individual secure storage lockers for each unit in the basement, bike storage, Stunning Center City Views, Walking distance to Fairmount and Center City, 10 Year Tax Abatement, INTERIOR; Fireplace in each unit, 7 mm Durato V-EVO XL Luxury Vinyl Plank flooring, Quartz countertops, LED recessed lights and kitchen pendants, GE Front Load Washer/Dryer, Gerber/Danze bath and kitchen faucets, GE Cafe kitchen appliances: Refrigerator, Dishwasher, Range, and Hood. Stainless steel under-mount sink

Last Agent to Sell the Property

Gene Zilberman

Trinity Realty Services Listed on: 02/20/2023

Last Buyer's Agent

Jeff Block

Compass RE License #AB065556

Compass RE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,970

Year Built

  • Built in 2022 | New Construction

Lot Details

  • Property is in excellent condition

HOA Fees

  • $173 Monthly HOA Fees

Parking

  • Assigned Parking Garage Space
  • Electric Vehicle Home Charger
  • Lighted Parking
  • Front Facing Garage
  • Garage Door Opener
  • Fenced Parking

Home Design

  • Advanced Framing
  • Frame Construction
  • Batts Insulation
  • Fiberglass Siding
  • Vinyl Siding
  • Brick Front
  • Cast Iron Plumbing
  • HardiePlank Type
  • CPVC or PVC Pipes
  • Asphalt

Interior Spaces

  • 1,000 Sq Ft Home
  • Property has 4 Levels
  • Electric Fireplace

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Accessible Home Design

  • Accessible Elevator Installed
  • Roll-in Shower
  • Halls are 48 inches wide or more
  • Lowered Light Switches
  • Garage doors are at least 85 inches wide
  • Doors swing in
  • Doors with lever handles
  • Level Entry For Accessibility

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 888000581

Community Details

Overview

  • $446 Capital Contribution Fee
  • Association fees include a/c unit(s), air conditioning, alarm system, all ground fee, common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, security gate, snow removal
  • Low-Rise Condominium
  • Francisville Subdivision

Amenities

  • Common Area
  • Community Storage Space

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Fenced around community
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,970

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$173 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: 36"+ Wide Halls, 48"+ Halls, >84" Garage Door, Accessible Switches/Outlets, Doors - Lever Handle(s), Doors - Swing In, Elevator, Level Entry - Main, Roll-In Shower
  • Ownership: Condominium
  • New Construction: Yes
  • Story List: Main
  • Year Built: 2022
  • Automatically Close On Close Date: Yes
  • Washer Dryer Hookups YN: Yes
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 3
  • Fireplace Features: Electric
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 4
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1000
  • Living Area Sq Ft: 1000
  • Price Per Sq Ft: 449.90
  • Above Grade Finished Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1612

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
  • Construction Materials: Brick, Advanced Framing, Asphalt, Batts Insulation, Block, Brick Front, Cast Iron Plumbing, Combination, Concrete, Cpvc/Pvc, Fiberglass Siding, Frame, Hardiplank Type, Vinyl Siding
  • Construction Completed: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway, Electric Vehicle Charging Station(s), Fenced, Lighted Parking
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 173.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Fencing, Gated Community, Storage Bin
  • HOA Condo Co-Op Fee Includes: A/C Unit(s), Air Conditioning, Alarm System, All Ground Fee, Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Security Gate, Snow Removal
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 446.00

Schools

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

Lot Info

  • Property Condition: Excellent
  • Zoning: R1

Rental Info

  • Pets: Cats Ok, Dogs Ok, Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 888000581
  • Tax Year: 2023
  • Close Date: 05/02/2023

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2023
Closed on
May 1, 2023
Sold by
Poplar Owner Llc
Bought by
Salerno Nicole
Seller's Agent
Gene Zilberman
Trinity Realty Services
Buyer's Agent
Jeff Block
Compass RE
List Price
$449,900
Sold Price
$430,000
Premium/Discount to List
-$19,900
-4.42%
Views
36
Current Estimated Value
$357,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$73,000
Avg. Annual Appreciation
-7.64%
Original Mortgage
$344,000
Outstanding Balance
$334,852
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$22,148
Source: Public Records

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
Salerno Nicole $430,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salerno Nicole $344,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2023 05/02/23 Sold $430,000 -4.4% $430 / Sq Ft
03/01/2023 03/01/23 Pending -- -- --
02/20/2023 02/20/23 For Sale $449,900 -- $450 / 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 $5,970 $447,800 $67,100 $380,700
2024 $5,970 $447,800 $67,100 $380,700
2023 -- $426,500 $63,975 $362,525
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2205152

Bright MLS

APN: 888000581