NOT LISTED FOR SALE

Memphis Flats 1714 Memphis St Unit 416 Philadelphia, PA 19125

Fishtown Neighborhood

Estimated Value: $482,064 - $509,000

2 Beds
1 Bath
1,211 Sq Ft
$342/mo HOA Fee

Last Sold August 13, 2021

Last sale price $450,000 $372 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,419/month

Highlights

  • Fitness Center
  • Central Air
  • 2-minute walk to Palmer Park
  • Traditional Architecture
  • Electric Baseboard Heater

About This Home

As of August 2021

Builder is offering 3% sellers assist on full list offers. Parking space is included in the list price. This large corner two-bedroom, one-and-a-half-bath, 1211 Sq. Ft. condo is now available in the iconic Memphis Flats development, located in the heart of Fishtown. This loft unit features 11-foot ceilings, corner to corner windows, concrete columns and ceiling, bamboo floors, large windows, higher-end modern design elements, stainless appliances, Bosch washer-dryer, and low condo fees. This residence ALSO comes with a designated, off-street parking space and a nicely sized storage unit. Amenities include a resident lounge and fitness center.

Last Agent to Sell the Property

Mark Richards

Compass RE License #RS319094 Listed on: 05/04/2021

Compass RE

Last Buyer's Agent

Antonella Colella

Opus Elite Real Estate License #AB068000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,234

Year Built

  • Built in 1900

HOA Fees

  • $342 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Entry on the 4th floor
  • Masonry

Interior Spaces

  • 1,211 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Central Air
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 240
  • Assessor Parcel Number 888180638

Community Details

Overview

  • Association fees include common area maintenance, custodial services maintenance, exterior building maintenance, lawn maintenance, management
  • Low-Rise Condominium
  • Fishtown Subdivision

Recreation

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,234

Year Built

Built in 1900

Lot Details

0

HOA Fees

$342 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Builder is offering 3% sellers assist on full list offers. Parking space is included in the list price. This large corner two-bedroom, one-and-a-half-bath, 1211 Sq. Ft. condo is now available in the iconic Memphis Flats development, located in the heart of Fishtown. This loft unit features 11-foot ceilings, corner to corner windows, concrete columns and ceiling, bamboo floors, large windows, higher-end modern design elements, stainless appliances, Bosch washer-dryer, and low condo fees. This residence ALSO comes with a designated, off-street parking space and a nicely sized storage unit. Amenities include a resident lounge and fitness center.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 4
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1211
  • Living Area Sq Ft: 1211
  • Price Per Sq Ft: 383.98
  • Above Grade Finished Sq Ft: 1211
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1714

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full 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
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: 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: Baseboard - Electric
  • 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: 342.17
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Exercise Room
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Lawn Maintenance, Management
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 314100.00
  • Land Assessed Value: 59800.00
  • Land Use Code: 570
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2021
  • Zoning: IRMX

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5850618
  • School Tax: 2872.00
  • Tax Annual Amount: 5234.00
  • Assessor Parcel Number: 888180638
  • Tax Lot: 240
  • Tax Total Finished Sq Ft: 1211
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 08/13/2021

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2021
Closed on
Aug 12, 2021
Sold by
Memphis Street Lp
Bought by
Colella Maria
Seller's Agent
Mark Richards
Compass RE
Buyer's Agent
Antonella Colella
Opus Elite Real Estate
List Price
$465,000
Sold Price
$450,000
Premium/Discount to List
-$15,000
-3.23%
Current Estimated Value
$490,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,266
Avg. Annual Appreciation
1.86%
Original Mortgage
$150,000
Interest Rate
3.22%
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
Colella Maria $450,000 Land Services Usa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Colella Maria $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2021 08/13/21 Sold $450,000 -3.2% $372 / Sq Ft
06/01/2021 06/01/21 Pending -- -- --
05/04/2021 05/04/21 For Sale $465,000 -- $384 / 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 $5,574 $414,100 $66,200 $347,900
2024 $5,574 $414,100 $66,200 $347,900
2023 $5,574 $398,200 $63,700 $334,500
2022 $5,234 $398,200 $63,700 $334,500
2021 $5,234 $0 $0 $0
2020 $1,056 $0 $0 $0
2019 $935 $0 $0 $0
2018 $723 $0 $0 $0
2017 $723 $0 $0 $0
2016 $494 $0 $0 $0
2015 $473 $0 $0 $0
2014 -- $243,600 $24,360 $219,240
2012 -- $37,216 $1,856 $35,360
Source: Public Records

Agents Affiliated with this Home

  • Mark Richards

    Seller's Agent in 2021

    Mark Richards

    Compass RE

    (610) 420-2662

    22 in this area

    26 Total Sales

    Mark Richards
    Section Image

  • A

    Buyer's Agent in 2021

    Antonella Colella

    Opus Elite Real Estate

    Section Image
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About Memphis Flats

Map

Source: Bright MLS

MLS Number: PAPH1013754

Bright MLS

APN: 888180638

Pennsylvania Philadelphia County Philadelphia 19125 Fishtown

1714 Memphis St Unit 416, Philadelphia, PA

This home is located at 1714 Memphis St Unit 416, Philadelphia, PA 19125 since 04 May 2021 and is currently estimated at $490,266, approximately $404 per square foot. This property was built in 1900. 1714 Memphis St Unit 416 is a home located in Philadelphia County with nearby schools including Adaire Alexander School, Penn Treaty School, and St Laurentius School.

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