NOT LISTED FOR SALE

Estimated Value: $289,000 - $332,930

2 Beds
1.5 Baths
990 Sq Ft
$175/mo HOA Fee

Last Sold July 15, 2024

Last sale price $325,000 $328 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,219/month

28 Days on Market

About This Home

As of July 2024

Great value in Fairmount!! A tree-lined block in the heart of Fairmount acts as the idyllic foreground to 1707 Wallace St #2R. This updated 2 bed, 1.5 bath bi-level apartment sits on the top two floors of a 4-unit building. The exterior of the building features a classic red brick facade and detailed cornice trim. Inside the unit, you're greeted by a bright and open living room and dining area with soaring 9ft ceilings, tall windows, and beautiful hardwood floors. There's also a huge storage closet and a powder room. The home's kitchen is fitted with tons of cabinetry space, stainless steel appliances, including a dishwasher, and the in-unit laundry closet. The home's second level has a spacious bedroom, with great closet space, at the front. A full bathroom and another bedroom, ideal for an office or nursery, complete this level. 1707 Wallace St's central Fairmount location is a walker's paradise, earning a WalkScore of 92. The Philadelphia Museum of Art, Kelly Drive, and The Community College of Philadelphia are all within walking distance. Nearby Fairmount Ave and North Broad Street are lined with local shops, gyms, and restaurants, including Bar Hygge, Rybread cafe, SOUTH, and Osteria. Whole Foods, Target, and Wine & Spirits are also close by. Plus, there's easy access to public transportation, I-76, Drexel University, and The University of Penn. Schedule your in-person or virtual tour today!

Last Agent to Sell the Property

Sean Elstone

Keller Williams Main Line License #AB069062 Listed on: 04/25/2024

Keller Williams Main Line

Co-Listed By

Michael McCann

KW Empower License #AB049770L

Last Buyer's Agent

Max Karasick

Keller Williams Main Line License #RS354598

Keller Williams Main Line

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,894

Year Built

  • Built in 1900

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Stone Foundation
  • Masonry

Interior Spaces

  • 990 Sq Ft Home
  • Property has 2 Levels
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 888153568

Community Details

Overview

  • Association fees include common area maintenance, management
  • Low-Rise Condominium
  • Spina & Company, Llc Condos
  • Fairmount Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,894

Year Built

Built in 1900

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat, Bi-Level
  • Ownership: Condominium
  • Inclusions: Washer, Dryer, Refrigerator, Nest Thermostat
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-04-25
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Great value in Fairmount!! A tree-lined block in the heart of Fairmount acts as the idyllic foreground to 1707 Wallace St #2R. This updated 2 bed, 1.5 bath bi-level apartment sits on the top two floors of a 4-unit building. The exterior of the building features a classic red brick facade and detailed cornice trim. Inside the unit, you're greeted by a bright and open living room and dining area with soaring 9ft ceilings, tall windows, and beautiful hardwood floors. There's also a huge storage closet and a powder room. The home's kitchen is fitted with tons of cabinetry space, stainless steel appliances, including a dishwasher, and the in-unit laundry closet. The home's second level has a spacious bedroom, with great closet space, at the front. A full bathroom and another bedroom, ideal for an office or nursery, complete this level. 1707 Wallace St's central Fairmount location is a walker's paradise, earning a WalkScore of 92. The Philadelphia Museum of Art, Kelly Drive, and The Community College of Philadelphia are all within walking distance. Nearby Fairmount Ave and North Broad Street are lined with local shops, gyms, and restaurants, including Bar Hygge, Rybread cafe, SOUTH, and Osteria. Whole Foods, Target, and Wine & Spirits are also close by. Plus, there's easy access to public transportation, I-76, Drexel University, and The University of Penn. Schedule your in-person or virtual tour today!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Fireplace: No
  • Foundation Details: Stone
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 990
  • Living Area Sq Ft: 990
  • Price Per Sq Ft: 328.28
  • Above Grade Finished Sq Ft: 990
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1707

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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: Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

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: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 525.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Spina & Company, LLC
  • HOA Condo Co-Op Fee Includes: 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

  • Land Use Code: 550
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2023
  • Zoning: RM1

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 2136.00
  • Tax Annual Amount: 3894.00
  • Assessor Parcel Number: 888153568
  • Tax Lot: 1
  • Tax Total Finished Sq Ft: 990
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 07/15/2024

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2024
Closed on
Jul 15, 2024
Sold by
Patel Janisha and Patel Alkesh
Bought by
Hughes Emma Lynne
Seller's Agent
Sean Elstone
Keller Williams Main Line
Buyer's Agent
Max Karasick
Keller Williams Main Line
List Price
$325,000
Sold Price
$325,000
Views
1908
Current Estimated Value
$317,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,017
Avg. Annual Appreciation
-1.86%
Original Mortgage
$308,750
Outstanding Balance
$305,583
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$12,400

Purchase Details

Listed on
Apr 6, 2017
Closed on
Jul 26, 2017
Sold by
Dieffenbach Kate E and Wall Kate D
Bought by
Patel Janisha and Patel Alkesh
Seller's Agent
Christopher Somers
KW Empower
Buyer's Agent
Sean Elstone
Keller Williams Main Line
List Price
$275,000
Sold Price
$240,000
Premium/Discount to List
-$35,000
-12.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.45%
Original Mortgage
$240,000
Interest Rate
3.8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 30, 2008
Sold by
Leusner Julie A and Wood Amy J
Bought by
Dieffenbach Kate E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,750
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 2005
Sold by
Zn Enterprises Llc
Bought by
Leusner Julie A and Wood Amy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
5.25%
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
Hughes Emma Lynne $325,000 None Listed On Document
Patel Janisha $240,000 None Available
Dieffenbach Kate E $285,000 None Available
Leusner Julie A $255,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hughes Emma Lynne $308,750
Previous Owner Patel Janisha $240,000
Previous Owner Dieffenbach Kate E $256,225
Previous Owner Dieffenbach Kate E $270,750
Previous Owner Leusner Julie A $204,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2024 07/15/24 Sold $325,000 0.0% $328 / Sq Ft
04/25/2024 04/25/24 For Sale $325,000 0.0% $328 / Sq Ft
10/10/2022 10/10/22 Rented $1,900 0.0% --
09/29/2022 09/29/22 For Rent $1,900 +11.8% --
06/01/2021 06/01/21 Rented $1,700 0.0% --
05/05/2021 05/05/21 For Rent $1,700 0.0% --
07/27/2017 07/27/17 Sold $240,000 -3.0% $242 / Sq Ft
06/10/2017 06/10/17 Pending -- -- --
05/31/2017 05/31/17 Price Changed $247,500 -6.6% $250 / Sq Ft
05/23/2017 05/23/17 Price Changed $265,000 -1.9% $268 / Sq Ft
05/15/2017 05/15/17 Price Changed $270,000 -0.9% $273 / Sq Ft
04/29/2017 04/29/17 Price Changed $272,500 -0.9% $275 / Sq Ft
04/06/2017 04/06/17 For Sale $275,000 -- $278 / 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 $3,894 $280,900 $42,100 $238,800
2024 $3,894 $280,900 $42,100 $238,800
2023 $3,894 $278,200 $41,700 $236,500
2022 $3,540 $278,200 $41,700 $236,500
2021 $3,540 $0 $0 $0
2020 $3,540 $0 $0 $0
2019 $3,540 $0 $0 $0
2018 $3,218 $0 $0 $0
2017 $3,218 $0 $0 $0
2016 $2,798 $0 $0 $0
2015 $2,478 $0 $0 $0
2014 -- $199,900 $19,990 $179,910
2012 -- $48,608 $1,994 $46,614
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2345744

Bright MLS

APN: 888153568