NOT LISTED FOR SALE

1618 Germantown Ave Unit A Philadelphia, PA 19122

Olde Kensington Neighborhood

Estimated Value: $224,000 - $330,000

1 Bed
1.5 Baths
885 Sq Ft
$194/mo HOA Fee

Last Sold December 09, 2022

Last sale price $225,000 $254 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,683/month

75 Days on Market

Highlights

  • New Construction
  • Forced Air Heating and Cooling System
  • Property is in excellent condition
  • Straight Thru Architecture
  • Dogs and Cats Allowed
  • Wood Siding

About This Home

As of December 2022

Welcome to Germantown Place - a cluster of 20 Condominiums on the 1600 block of Germantown Ave in Old Kensington. The ground floor unit that we are discussing in this listing is a 1 Bedroom 1 Full Bathroom condo with modern finishes and incredible features. When we enter the front door of the condo the first thing we see is the fabulous new kitchen with under cabinet lighting, stainless steel appliance package and modern style finishes. When we pass through the kitchen we get into the main living room area where the seller has installed an in ceiling bluetooth speaker package that you can connect any bluetooth enabled device. If we continue outside you will see a nice sized rear patio area where all of the BBQing and relaxing can take place. Now let's head down to the basement and check out the additional spaces that await you. At the bottom of the staircase is where you'll find the utility room with enough space for tons of additional storage. Next to the utility room is the powder room that guests can use when you're entertaining, so they don't have to use the private bathroom in the owner's bedroom suite. As we continue down the hallway it opens up to reveal the owner's bedroom suite with large closet space and plenty of room for a California king bed set. The project is one of the last remaining new construction projects with the FULL 10 YEAR TAX ABATEMENT! The FULL 10YR Tax Abatement is approved with documentation. The location is within walking distance to: City Fitness Gym, Sunflower Event and Festival Venue, Fishtown Front St Restaurant Row, Berks St El Station or Girard Ave El Station, ACME Grocery, PetCo and the Piazza in Northern Liberties. Come check them out before they're gone.

Last Agent to Sell the Property

Ryan Quinn

(215) 850-9930 rquinn@spaceandcompany.com Space & Company License #RS278182 Listed on: 08/01/2022

Space & Company

Last Buyer's Agent

Keriann Blumenstock

(267) 229-7762 Keriann@KW.com Keller Williams Real Estate - Bensalem

Keller Williams Real Estate - Bensalem

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,800

Year Built

  • Built in 2022 | New Construction

Lot Details

  • Property is in excellent condition

HOA Fees

  • $194 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Straight Thru Architecture
  • Traditional Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Fiberglass Roof
  • Wood Siding
  • Metal Siding
  • Stick Built Home
  • CPVC or PVC Pipes

Interior Spaces

  • 885 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

  • 1 Main Level Bedroom

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 888000692

Community Details

Overview

  • $400 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, insurance, management, reserve funds
  • Low-Rise Condominium
  • Olde Kensington Subdivision

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,800

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$194 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Straight Thru, Traditional
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main
  • Year Built: 2022
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to Germantown Place - a cluster of 20 Condominiums on the 1600 block of Germantown Ave in Old Kensington. The ground floor unit that we are discussing in this listing is a 1 Bedroom 1 Full Bathroom condo with modern finishes and incredible features. When we enter the front door of the condo the first thing we see is the fabulous new kitchen with under cabinet lighting, stainless steel appliance package and modern style finishes. When we pass through the kitchen we get into the main living room area where the seller has installed an in ceiling bluetooth speaker package that you can connect any bluetooth enabled device. If we continue outside you will see a nice sized rear patio area where all of the BBQing and relaxing can take place. Now let's head down to the basement and check out the additional spaces that await you. At the bottom of the staircase is where you'll find the utility room with enough space for tons of additional storage. Next to the utility room is the powder room that guests can use when you're entertaining, so they don't have to use the private bathroom in the owner's bedroom suite. As we continue down the hallway it opens up to reveal the owner's bedroom suite with large closet space and plenty of room for a California king bed set. The project is one of the last remaining new construction projects with the FULL 10 YEAR TAX ABATEMENT! The FULL 10YR Tax Abatement is approved with documentation. The location is within walking distance to: City Fitness Gym, Sunflower Event and Festival Venue, Fishtown Front St Restaurant Row, Berks St El Station or Girard Ave El Station, ACME Grocery, PetCo and the Piazza in Northern Liberties. Come check them out before they're gone.
  • Washer Dryer Hookups YN: No
  • Special Features: 4098
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 885
  • Living Area Sq Ft: 885
  • Price Per Sq Ft: 254.24
  • Above Grade Finished Sq Ft: 885
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1618

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Brick Veneer, Concrete, Cpvc/Pvc, Metal Siding, Stick Built, Wood Siding
  • Construction Completed: Yes
  • Roof: Fiberglass
  • 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: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 193.60
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Management, Reserve Funds
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 400.00

Schools

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

Lot Info

  • Lot Dimensions: 18.00 x 53.50
  • Property Condition: Excellent
  • Zoning: RM1

Rental Info

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

Tax Info

  • Tax Annual Amount: 1800.00
  • Assessor Parcel Number: 888000692
  • Tax Year: 2022
  • Close Date: 12/09/2022

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2022
Closed on
Dec 2, 2022
Sold by
1600 Germantown Ave Llc and 1600 Germantown Avenue Llc
Bought by
Adams David J
Seller's Agent
Ryan Quinn
Space & Company
Buyer's Agent
Keriann Blumenstock
Keller Williams Real Estate - Bensalem
List Price
$225,000
Sold Price
$225,000
Views
15
Current Estimated Value
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,000
Avg. Annual Appreciation
5.94%
Original Mortgage
$202,500
Outstanding Balance
$197,349
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$66,984
Source: Public Records

Range of Values:

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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
Adams David J $225,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams David J $202,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2022 12/09/22 Sold $225,000 0.0% $254 / Sq Ft
10/15/2022 10/15/22 Pending -- -- --
10/07/2022 10/07/22 For Sale $225,000 0.0% $254 / Sq Ft
10/06/2022 10/06/22 Pending -- -- --
10/01/2022 10/01/22 For Sale $225,000 0.0% $254 / Sq Ft
09/30/2022 09/30/22 Off Market $225,000 -- --
09/22/2022 09/22/22 Price Changed $225,000 -10.0% $254 / Sq Ft
08/10/2022 08/10/22 Price Changed $249,900 +8.7% $282 / Sq Ft
08/10/2022 08/10/22 Price Changed $229,900 -8.0% $260 / Sq Ft
08/01/2022 08/01/22 For Sale $249,900 -- $282 / 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 $449 $224,400 $33,600 $190,800
2024 $449 $224,400 $33,600 $190,800
2023 -- $213,800 $32,070 $181,730
Source: Public Records

Agents Affiliated with this Home

  • Ryan Quinn

    Seller's Agent in 2022

    Ryan Quinn

    Space & Company

    (215) 850-9930

    36 in this area

    145 Total Sales

    Ryan Quinn
    Section Image
  • Keriann Blumenstock

    Buyer's Agent in 2022

    Keriann Blumenstock

    Keller Williams Real Estate - Bensalem

    (267) 229-7762

    1 in this area

    96 Total Sales

    Keriann Blumenstock
    Section Image
  • Ann Marie Walsh

    Buyer Co-Listing Agent in 2022

    Ann Marie Walsh

    Keller Williams Real Estate - Bensalem

    (267) 716-4597

    1 in this area

    62 Total Sales

    Ann Marie Walsh
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAPH2145192

Bright MLS

APN: 888000692

Pennsylvania Philadelphia County Philadelphia 19122 Olde Kensington

1618 Germantown Ave Unit A, Philadelphia, PA

This home is located at 1618 Germantown Ave Unit A, Philadelphia, PA 19122 since 01 August 2022 and is currently estimated at $275,000, approximately $310 per square foot. This property was built in 2022. 1618 Germantown Ave Unit A is a home located in Philadelphia County with nearby schools including James R. Ludlow School, Penn Treaty School, and Al Aqsa Islamic Academy.

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