NOT LISTED FOR SALE

1724 Spruce St Unit 3 Philadelphia, PA 19103

Rittenhouse Square Neighborhood

Estimated Value: $531,000 - $664,000

2 Beds
2 Baths
863 Sq Ft
$407/mo HOA Fee

Last Sold April 15, 2020

Last sale price $565,000 $655 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,066/month

Highlights

  • Traditional Architecture
  • 5-minute walk to 15Th-16Th & Locust St
  • 3-minute walk to Rittenhouse Square
  • 1 Fireplace
  • Forced Air Heating and Cooling System

About This Home

As of April 2020

Quietly nestled on picturesque Spruce Street, sits this rare boutique condominium building. Conveniently located one block from historic Rittenhouse Square park with 2 bedrooms, 2 baths and elevator access, this residence was developed as the perfect urban home. Lovely finishes are present throughout including a gourmet kitchen with custom cabinetry, oak hardwood floors, a master bath with glass enclosed shower and original moldings. The master bedroom features ample closet space and plenty of natural light from oversized windows. The second bedroom is off the living room also with a large closet and attached bath. The open living space has high ceilings, a beautiful gas fireplace, and a large bay window affords a breath of fresh air with treetop views. This is part of a 1031 Exchange. The seller will pay all fees involved with the transfer of the 1031.

Last Agent to Sell the Property

Mary Genovese Colvin

(215) 806-1500 maryfgenovese@aol.com Compass RE Listed on: 01/29/2020

Compass RE

Co-Listed By

Margaux Genovese Pelegrin

(215) 205-2400 margaux.pelegrin@gmail.com Compass RE

Last Buyer's Agent

Scott Hickman

(267) 973-1490 scott.hickman@compass.com Compass RE License #RS337324

Compass RE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,015

Year Built

  • Built in 1900

HOA Fees

  • $407 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Entry on the 2nd floor
  • Masonry

Interior Spaces

  • 863 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Accessible Elevator Installed
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include exterior building maintenance, snow removal
  • Low-Rise Condominium
  • Rittenhouse Square Subdivision

Listing and Financial Details

  • Tax Lot 246
  • Assessor Parcel Number 888088846

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,015

Year Built

Built in 1900

Lot Details

0

HOA Fees

$407 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
  • Remarks Public: Quietly nestled on picturesque Spruce Street, sits this rare boutique condominium building. Conveniently located one block from historic Rittenhouse Square park with 2 bedrooms, 2 baths and elevator access, this residence was developed as the perfect urban home. Lovely finishes are present throughout including a gourmet kitchen with custom cabinetry, oak hardwood floors, a master bath with glass enclosed shower and original moldings. The master bedroom features ample closet space and plenty of natural light from oversized windows. The second bedroom is off the living room also with a large closet and attached bath. The open living space has high ceilings, a beautiful gas fireplace, and a large bay window affords a breath of fresh air with treetop views. This is part of a 1031 Exchange. The seller will pay all fees involved with the transfer of the 1031.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Fireplaces Count: 1
  • Levels Count: 3+
  • Basement: No
  • Total Sq Ft: 863
  • Living Area Sq Ft: 863
  • Price Per Sq Ft: 666.28
  • Above Grade Finished Sq Ft: 863
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1724

Beds/Baths

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

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 407.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Snow Removal
  • 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: 365245.00
  • Land Assessed Value: 64455.00
  • Land Use Code: 570
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2020
  • Zoning: RM4

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5279691
  • School Tax: 3301.00
  • Tax Annual Amount: 6015.00
  • Assessor Parcel Number: 888088846
  • Tax Lot: 246
  • Tax Total Finished Sq Ft: 863
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 04/15/2020

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2020
Closed on
Mar 20, 2020
Sold by
92 Bergenbklyn Llc
Bought by
Dadouris Allison Leigh
Seller's Agent
Mary Genovese Colvin
Compass RE
Buyer's Agent
Scott Hickman
Compass RE
List Price
$575,000
Sold Price
$565,000
Premium/Discount to List
-$10,000
-1.74%
Current Estimated Value
$576,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,706
Avg. Annual Appreciation
0.37%
Original Mortgage
$15,000
Outstanding Balance
$13,208
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$563,498

Purchase Details

Listed on
Oct 23, 2014
Closed on
Nov 2, 2015
Sold by
Baker Kenneth Albert and Baker Wendy
Bought by
92 Bergenbklyn Llc
Seller's Agent
Mary Genovese Colvin
Compass RE
Buyer's Agent
Mary Genovese Colvin
Compass RE
List Price
$565,000
Sold Price
$510,000
Premium/Discount to List
-$55,000
-9.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.32%

Purchase Details

Closed on
Mar 10, 2008
Sold by
1724 Spruce Street Associates Llc
Bought by
Baker Kenneth Albert and Baker Wendy
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Dadouris Allison Leigh $565,000 Commonground Abstract Llc
92 Bergenbklyn Llc $510,000 None Available
Baker Kenneth Albert $525,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dadouris Allison Leigh $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2020 04/15/20 Sold $565,000 -1.7% $655 / Sq Ft
02/14/2020 02/14/20 Pending -- -- --
02/10/2020 02/10/20 For Sale $575,000 0.0% $666 / Sq Ft
01/31/2020 01/31/20 Pending -- -- --
01/29/2020 01/29/20 For Sale $575,000 0.0% $666 / Sq Ft
09/08/2018 09/08/18 Rented $3,500 0.0% --
06/07/2018 06/07/18 For Rent $3,500 0.0% --
06/11/2016 06/11/16 Rented $3,500 -2.8% --
05/17/2016 05/17/16 Under Contract -- -- --
02/02/2016 02/02/16 For Rent $3,600 0.0% --
10/30/2015 10/30/15 Sold $510,000 -4.7% $591 / Sq Ft View Prior Sale
07/14/2015 07/14/15 Price Changed $535,000 -2.6% $620 / Sq Ft
03/27/2015 03/27/15 Price Changed $549,000 -1.4% $636 / Sq Ft
01/21/2015 01/21/15 Price Changed $557,000 +1.5% $645 / Sq Ft
01/14/2015 01/14/15 Price Changed $549,000 -2.8% $636 / Sq Ft
10/23/2014 10/23/14 For Sale $565,000 -- $655 / 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 $7,217 $541,300 $81,100 $460,200
2024 $7,217 $541,300 $81,100 $460,200
2023 $7,217 $515,600 $77,300 $438,300
2022 $6,015 $515,600 $77,300 $438,300
2021 $6,015 $0 $0 $0
2020 $6,015 $0 $0 $0
2019 $6,015 $0 $0 $0
2018 $0 $0 $0 $0
2017 $1,718 $0 $0 $0
2016 $1,328 $0 $0 $0
2015 $1,290 $0 $0 $0
2014 -- $372,000 $37,200 $334,800
2012 -- $48,320 $9,664 $38,656
Source: Public Records

Agents Affiliated with this Home

  • Mary Genovese Colvin

    Seller's Agent in 2020

    Mary Genovese Colvin

    Compass RE

    (215) 806-1500

    30 in this area

    106 Total Sales

    Mary Genovese Colvin
    Section Image
  • Margaux Genovese Pelegrin

    Seller Co-Listing Agent in 2020

    Margaux Genovese Pelegrin

    Compass RE

    (215) 205-2400

    61 in this area

    343 Total Sales

    Margaux Genovese Pelegrin
    Section Image

  • S

    Buyer's Agent in 2020

    Scott Hickman

    Compass RE

    (267) 973-1490

    4 in this area

    27 Total Sales

    Scott Hickman
    Section Image

  • J

    Buyer's Agent in 2018

    Josh Ludwig

    VeryApt Penn LLC

See All Agents

Map

Source: Bright MLS

MLS Number: PAPH867174

Bright MLS

APN: 888088846

Pennsylvania Philadelphia County Philadelphia 19103 Rittenhouse Square

1724 Spruce St Unit 3, Philadelphia, PA

This home is located at 1724 Spruce St Unit 3, Philadelphia, PA 19103 since 29 January 2020 and is currently estimated at $576,706, approximately $668 per square foot. This property was built in 1900. 1724 Spruce St Unit 3 is a home located in Philadelphia County with nearby schools including Albert M Greenfield School, Benjamin Franklin High School, and Independence Charter School.

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