Seller's Agent in 2014
Mary Genovese Colvin
Compass RE
(215) 806-1500
30 in this area
106 Total Sales
1724 Spruce St Unit 1 Philadelphia, PA 19103
Rittenhouse Square NeighborhoodEstimated Value: $542,534 - $810,000
2
Beds
2
Baths
964
Sq Ft
$340/mo
HOA Fee
Highlights
- Traditional Architecture
- 5-minute walk to 15Th-16Th & Locust St
- Living Room
- 1 Fireplace
- Breakfast Area or Nook
- 3-minute walk to Rittenhouse Square
About This Home
As of December 20141724 Spruce Street is a boutique condominium building, which was impeccably restored in 2009. Unit 1 is a 1 bedroom plus den condominium with 2 full bathrooms. No expense was spared on the details within this unit. Enter into a light-filled living area with beautifully crafted built-ins, gas fireplace, high ceiling with crown molding, solid oak flooring & built-in surround sound. The custom kitchen is of the highest caliber ? custom white cabinetry with granite counters, commercial grade Viking stove and hood/microwave, built-in Sub-Zero refrigerator, Franke sink, and Bosch dishwasher. The master bedroom continues on this level with high ceilings, built-ins, custom outfitted closets and an entrance to the private patio. Adjacent to the master bedroom is a luxury hotel style bathroom with double marble vanity, marble floors, Waterworks marble sub-way tile, and a seamless glass shower. The lower level features an open den, or 2nd bedroom with oak hardwood flooring and a full bathroom featuring a Kohler air jet soaking tub with glass enclosure and Waterworks marble sub-way tile. 1724 Spruce is located in the heart of Rittenhouse Square within steps of the finest retail & restaurants in Center City. 5 years remaining on the abatement.
Last Agent to Sell the Property
(215) 806-1500 maryfgenovese@aol.com Compass RE Listed on: 09/11/2014
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,149
HOA Fees
- $340 Monthly HOA Fees
Parking
- On-Street Parking
Home Design
- Traditional Architecture
- Bi-Level Home
- Brick Exterior Construction
Interior Spaces
- 964 Sq Ft Home
- 1 Fireplace
- Living Room
- Partial Basement
- Breakfast Area or Nook
- Laundry on main level
Bedrooms and Bathrooms
- 2 Bedrooms
- En-Suite Primary Bedroom
- 2 Full Bathrooms
Utilities
- Central Air
- Heating System Uses Gas
- Natural Gas Water Heater
Community Details
- Rittenhouse Square Subdivision
Listing and Financial Details
- Tax Lot 244
- Assessor Parcel Number 888088842
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 11, 2014
Closed on
Dec 8, 2014
Sold by
Dicoi Derrick T and Wilson Elizabeth D
Bought by
Athias Franklyn and Bostic Athias Cheryl
Seller's Agent
Mary Genovese Colvin
Compass RE
Buyer's Agent
Mary Genovese Colvin
Compass RE
List Price
$509,999
Sold Price
$490,000
Premium/Discount to List
-$19,999
-3.92%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,384
Avg. Annual Appreciation
2.62%
Original Mortgage
$392,000
Outstanding Balance
$300,380
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$348,004
Purchase Details
Closed on
Oct 26, 2009
Sold by
1724 Spruce Street Associates Llc
Bought by
Dicoi Derrick T and Wilson Elizabeth D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,200
Interest Rate
5.09%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 22, 2007
Sold by
Scarlett Towne House Inc
Bought by
1724 Spruce Street Associates Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,075,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Athias Franklyn | $490,000 | Olde City Abstract Inc | |
| Dicoi Derrick T | $438,000 | None Available | |
| 1724 Spruce Street Associates Llc | $2,200,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Athias Franklyn | $392,000 | |
| Previous Owner | Dicoi Derrick T | $394,200 | |
| Previous Owner | 1724 Spruce Street Associates Llc | $3,075,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/08/2014 12/08/14 | Sold | $490,000 | -1.8% | $508 / Sq Ft |
| 10/23/2014 10/23/14 | Pending | -- | -- | -- |
| 09/25/2014 09/25/14 | Price Changed | $499,000 | -2.2% | $518 / Sq Ft |
| 09/11/2014 09/11/14 | For Sale | $509,999 | -- | $529 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $7,251 | $543,900 | $81,500 | $462,400 |
| 2024 | $7,251 | $543,900 | $81,500 | $462,400 |
| 2023 | $7,251 | $518,000 | $77,700 | $440,300 |
| 2022 | $6,043 | $518,000 | $77,700 | $440,300 |
| 2021 | $6,043 | $0 | $0 | $0 |
| 2020 | $1,645 | $0 | $0 | $0 |
| 2019 | $1,645 | $0 | $0 | $0 |
| 2018 | $1,567 | $0 | $0 | $0 |
| 2017 | $1,567 | $0 | $0 | $0 |
| 2016 | $1,200 | $0 | $0 | $0 |
| 2015 | $1,149 | $0 | $0 | $0 |
| 2014 | -- | $373,800 | $37,380 | $336,420 |
| 2012 | -- | $48,672 | $9,728 | $38,944 |
Source: Public Records
Agents Affiliated with this Home
-
Mary Genovese Colvin
-
Margaux Genovese Pelegrin
Seller Co-Listing Agent in 2014
Margaux Genovese Pelegrin
Compass RE
(215) 205-2400
61 in this area
343 Total Sales
Map
Source: Bright MLS
MLS Number: 1003078722
APN: 888088842
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