NOT LISTED FOR SALE

Estimated Value: $525,644

2 Beds
2.5 Baths
1,605 Sq Ft
$2,505/mo HOA Fee

Last Sold July 12, 2021

Last sale price $449,000 $280 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,483/month

Highlights

  • New Construction
  • Property is in excellent condition
  • 5-minute walk to Thomas Hart Park
  • Central Heating and Cooling System

About This Home

As of July 2021

Oxford-Flats: Elevated style and amenities describes this 3 bedroom 3.5 bath condominium located in the Oxford Flats development. A full 10 year Tax Abatement new construction that unites unmatched attention to detail with epic flair. A home that absolutely over delivers on every level of value. Unit B, on the 2nd floor, offers 1,605 sq ft, is 20+ ft wide, 50+ ft deep, all of which will surely impress those inclined to a more expansive space. 1616 Germantown Ave. Unit B offers a bi-level floor plan (but there are other floor plans available!), private rooftop deck (really a 3rd level), and a balcony off of the bedroom. Other features: open concept main level design, large living areas throughout, as well as generous size bedrooms and baths, and enormous closets for storage. Let's discuss aesthetics. The finishes are defined as luxury. Exquisite selections were chosen and custom designed throughout particularly the most critical rooms such as the kitchen and baths. The kitchen features: flawless flat panel furniture quality cabinets that flow seamlessly into the living and dining space, oversized island with endless seating, fine polished quartz countertops, timeless tile backsplash, gorgeous pendant lighting details, a wonderful oversized pantry, built-in shelving, and full appliance package with the washer and dryer on upper level included. Bathrooms are adorned with timeless large format sleek tile work, beautiful floating vanities, and glass enclosed walk in shower. Unit B is the Penthouse level and this is in a 2 unit boutique condo building which is nestled amongst 6 total individual condo buildings creating this one of a kind community we call "Oxford Flats". Located at Germantown and Oxford Streets in one of the most desired locations in Philadelphia for it's walkability and proximity to Center City and neighboring subdivisions such as Fishtown and Northern Liberties. Each unit is unique but all offer the same exceptional quality and amenities we seek in a new home.

Last Agent to Sell the Property

Christopher Somers

KW Empower License #RS278328 Listed on: 06/02/2021

KW Empower

Last Buyer's Agent

Bill Caraker

Keller Williams Philadelphia

Keller Williams Philadelphia

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,000

Year Built

  • Built in 2021 | New Construction

Lot Details

  • Property is in excellent condition

HOA Fees

  • $2,505 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Penthouse

Interior Spaces

  • 1,605 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Association fees include alarm system, common area maintenance, management
  • Low-Rise Condominium
  • Olde Kensington Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,000

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$2,505 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Year Built: 2021
  • Automatically Close On Close Date: No
  • Remarks Public: Oxford-Flats: Elevated style and amenities describes this 3 bedroom 3.5 bath condominium located in the Oxford Flats development. A full 10 year Tax Abatement new construction that unites unmatched attention to detail with epic flair. A home that absolutely over delivers on every level of value. Unit B, on the 2nd floor, offers 1,605 sq ft, is 20+ ft wide, 50+ ft deep, all of which will surely impress those inclined to a more expansive space. 1616 Germantown Ave. Unit B offers a bi-level floor plan (but there are other floor plans available!), private rooftop deck (really a 3rd level), and a balcony off of the bedroom. Other features: open concept main level design, large living areas throughout, as well as generous size bedrooms and baths, and enormous closets for storage. Let's discuss aesthetics. The finishes are defined as luxury. Exquisite selections were chosen and custom designed throughout particularly the most critical rooms such as the kitchen and baths. The kitchen features: flawless flat panel furniture quality cabinets that flow seamlessly into the living and dining space, oversized island with endless seating, fine polished quartz countertops, timeless tile backsplash, gorgeous pendant lighting details, a wonderful oversized pantry, built-in shelving, and full appliance package with the washer and dryer on upper level included. Bathrooms are adorned with timeless large format sleek tile work, beautiful floating vanities, and glass enclosed walk in shower. Unit B is the Penthouse level and this is in a 2 unit boutique condo building which is nestled amongst 6 total individual condo buildings creating this one of a kind community we call "Oxford Flats". Located at Germantown and Oxford Streets in one of the most desired locations in Philadelphia for it's walkability and proximity to Center City and neighboring subdivisions such as Fishtown and Northern Liberties. Each unit is unique but all offer the same exceptional quality and amenities we seek in a new home.
  • Special Features: 4098
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1605
  • Living Area Sq Ft: 1605
  • Price Per Sq Ft: 279.75
  • Above Grade Finished Sq Ft: 1605
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1614

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Upper Level Full Bathrooms: 2
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Mixed
  • Construction Completed: 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: 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: 2505.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Alarm System, Common Area Maintenance, Management
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Property Condition: Excellent
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2000.00
  • Assessor Parcel Number: NO TAX RECORD
  • Tax Year: 2021
  • Close Date: 07/12/2021

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2021
Closed on
Jul 22, 2021
Sold by
1600 Germantown Avenue Llc
Bought by
Iqbal Muhammad Saad and Jafri Neda
Seller's Agent
Christopher Somers
KW Empower
Buyer's Agent
Bill Caraker
Keller Williams Philadelphia
List Price
$449,000
Sold Price
$449,000
Current Estimated Value
$525,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,644
Avg. Annual Appreciation
3.49%
Original Mortgage
$449,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Iqbal Muhammad Saad $449,000 Go Abstract Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Iqbal Muhammad Saad $449,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2021 07/12/21 Sold $449,000 0.0% $280 / Sq Ft
06/02/2021 06/02/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $449,000 -- $280 / 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 $896 $447,900 $67,200 $380,700
2024 $896 $447,900 $67,200 $380,700
2023 $896 $625,000 $125,000 $500,000
2022 $896 $426,600 $64,000 $362,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH1024090

Bright MLS

APN: 888000092