NOT LISTED FOR SALE

Estimated Value: $370,000 - $489,000

1 Bed
1 Bath
1,171 Sq Ft
$377/mo HOA Fee

Last Sold October 14, 2022

Last sale price $445,500 $380 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,079/month

Highlights

  • Fitness Center
  • Beamed Ceilings
  • Central Heating and Cooling System
  • Contemporary Architecture
  • Stainless Steel Appliances
  • 2-minute walk to Palmer Park

About This Home

As of October 2022

It's easy to say that something is one of a kind, so, don't just take this description’s word for it, come see this completely unique, one bedroom corner unit in Fishtown’s original converted warehouse, Memphis Flats, for yourself. What sets this unit apart from the others in the building? From the moment you walk through the front door, the differences begin to reveal themselves: a formal entryway with a full-sized entry closet provides a dramatic entrance into nearly 1,200 square feet of living space with upgraded cork-backed flooring; a true bedroom complete with two oversized windows and enclosed walls is to your left complemented by a full wardrobe and double-doored closet. On your right is an ample-sized bathroom with recently updated fixtures and bright lighting. Enjoy your fully enclosed bonus laundry room with washer and dryer for in-house ease. Lastly, enter the open floor plan offering space for dining, living, cooking, working from home, dance parties, and on and on. There are seven (7!) beautiful arched windows surrounded by exposed brick walls which lead to those sought after original Timber ceilings. Speaking of ceilings, the 12 ft ceiling height throughout this unit contributes to the general spaciousness for luxurious condo living. Over in the kitchen, be the first to use a brand new set of Frigidaire appliances, thoughtfully selected to complement the beauty of the upgraded space. Enjoy dining al fresco whenever the mood strikes by opening the double doors to the Juliet balcony. You're in the heart of it all at Memphis Flats - Fishtown’s commercial corridor Frankford Ave, neighborhood landmarks, Palmer Park and Palmer Doggie Depot, culinary hotspots Suraya, LMNO, and WM Mulherin's, and lastly, the Berks Station of the Market Frankford Line are all within a few blocks. This is a secure, well-maintained and warrantable building complete with a mailroom, fitness facility, bike storage, designated storage space, and a coveted, off street deeded parking space.

Last Agent to Sell the Property

Nicolette Hitzel

(609) 577-8779 nicolette.dubrow@compass.com Compass RE License #1974874 Listed on: 09/10/2022

Compass RE

Last Buyer's Agent

Bruno Pouget

(215) 990-9525 bruno.pouget@foxroach.com Compass RE License #AB068095

Compass RE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,892

Year Built

  • Built in 1900

HOA Fees

  • $377 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Masonry

Interior Spaces

  • 1,171 Sq Ft Home
  • Property has 1 Level
  • Beamed Ceilings
  • Ceiling Fan
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot
  • Off-Street Parking
  • 1 Assigned Parking Space

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 240
  • Assessor Parcel Number 888180504

Community Details

Overview

  • Association fees include common area maintenance, custodial services maintenance, insurance, management, sewer, snow removal, trash, water, parking fee, exterior building maintenance, lawn maintenance
  • Low-Rise Condominium
  • Fishtown Subdivision

Recreation

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,892

Year Built

Built in 1900

Lot Details

0

HOA Fees

$377 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Loft With Bedrooms, Unit/Flat, Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Inclusions: Kitchen appliances, washer, dryer, bedroom wardrobe
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-09-10
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Stainless Steel Appliances, Washer, Dryer
  • Entry Floor: 1
  • Interior Amenities: Ceiling Fan(s), Exposed Beams
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1171
  • Living Area Sq Ft: 1171
  • Price Per Sq Ft: 371.48
  • Above Grade Finished Sq Ft: 1171
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Parking Lot
  • Parking Lot 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: 377.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Fitness Center
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Custodial Services Maintenance, Insurance, Management, Sewer, Snow Removal, Trash, Water, Parking Fee, Ext Bldg Maint, Lawn Maintenance
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: 3rd Party

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 293600.00
  • Land Assessed Value: 55900.00
  • Lot Dimensions: 0.00 x 0.00
  • Zoning: IRMX

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5850551
  • School Tax: 2684.00
  • Tax Annual Amount: 4892.00
  • Assessor Parcel Number: 888180504
  • Tax Lot: 240
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2022
Closed on
Oct 6, 2022
Sold by
Doran Kathryn M
Bought by
Phoebus Property B Llc
Seller's Agent
Nicolette Hitzel
Compass RE
Buyer's Agent
Bruno Pouget
Compass RE
List Price
$435,000
Sold Price
$445,500
Premium/Discount to List
$10,500
2.41%
Views
23
Current Estimated Value
$435,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,640
Avg. Annual Appreciation
-0.72%
Original Mortgage
$337,500
Outstanding Balance
$323,895
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$111,965

Purchase Details

Closed on
Nov 20, 2009
Sold by
Memphis Street Lp
Bought by
Doran Kathryn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,075
Interest Rate
4.92%
Mortgage Type
New Conventional
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
Phoebus Property B Llc $445,500 Surety Abstract Services
Doran Kathryn M $345,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phoebus Property B Llc $337,500
Previous Owner Doran Kathryn M $288,075
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2022 10/14/22 Sold $445,500 +2.4% $380 / Sq Ft
09/10/2022 09/10/22 Pending -- -- --
09/10/2022 09/10/22 For Sale $435,000 -- $371 / 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 $4,990 $370,700 $59,200 $311,500
2024 $4,990 $370,700 $59,200 $311,500
2023 $4,990 $356,500 $57,000 $299,500
2022 $4,892 $356,500 $57,000 $299,500
2021 $4,892 $0 $0 $0
2020 $986 $0 $0 $0
2019 $873 $0 $0 $0
2018 $702 $0 $0 $0
2017 $702 $0 $0 $0
2016 $480 $0 $0 $0
2015 $459 $0 $0 $0
2014 -- $236,800 $23,680 $213,120
2012 -- $35,968 $1,792 $34,176
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2155688

Bright MLS

APN: 888180504