NOT LISTED FOR SALE

1724 Spruce St Unit 6 Philadelphia, PA 19103

Rittenhouse Square Neighborhood

Estimated Value: $403,000 - $515,000

1 Bed
1 Bath
574 Sq Ft
$390/mo HOA Fee

Last Sold September 29, 2021

Last sale price $440,000 $767 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,324/month

Highlights

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

About This Home

As of September 2021

Welcome to this beautifully appointed corner 1BR/1BA home, peacefully tucked away just off Rittenhouse Square. On Spruce and 18th you'll find this charming condominium, the perfect retreat from the hustle and bustle of the city.

Take the glorious staircase or the elevator to the landing and enter through a gracious large custom door met with a fantastic and open handsomely finished living area. Off to the left is the chef's kitchen featuring a Subzero refrigerator, vented Viking stove, dishwasher, marble countertops, and ample pantry space, allowing you to comfortably prepare your favorite meals. The sun-splashed South-West facing wing boasts two windows, offering city views. A gas fireplace and a wall of custom built-ins perfectly round off the space creating an ideal setting to store and display your most cherished belongings.

The large bedroom offers wonderful light and contains two large closets and an area for a small desk. The well-appointed bathroom contains a shower/tub combination, linen closet, and rain shower. Additional features include 11’ ceilings, pre-war details throughout including tasteful moldings and oak floors. Not to be missed is the newly finished large deck that will bring the outdoors in. Last but not least, your very own washer/dryer.

The boutique building has bike storage and general storage. Located in the heart of the Rittenhouse Square, you are is just a stone's throw from local transportation, Supermarkets, Rittenhouse Sq Park, and fabulous neighborhood restaurants and amenities such as Parc, Metropolitan Bakery, and Trader Joes.

Last Agent to Sell the Property

Margaux Genovese Pelegrin

(215) 205-2400 margaux.pelegrin@gmail.com Compass RE Listed on: 08/10/2021

Compass RE

Co-Listed By

Mary Genovese Colvin

(215) 806-1500 maryfgenovese@aol.com Compass RE

Compass RE

Last Buyer's Agent

Mary Genovese Colvin

(215) 806-1500 maryfgenovese@aol.com Compass RE

Compass RE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,475

Year Built

  • Built in 1900

HOA Fees

  • $390 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Entry on the 3rd floor
  • Masonry

Interior Spaces

  • 574 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

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

Listing and Financial Details

  • Tax Lot 249
  • Assessor Parcel Number 888088852

Community Details

Overview

  • Association fees include common area maintenance
  • Low-Rise Condominium
  • Rittenhouse Square Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,475

Year Built

Built in 1900

Lot Details

0

HOA Fees

$390 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to this beautifully appointed corner 1BR/1BA home, peacefully tucked away just off Rittenhouse Square. On Spruce and 18th you'll find this charming condominium, the perfect retreat from the hustle and bustle of the city. Take the glorious staircase or the elevator to the landing and enter through a gracious large custom door met with a fantastic and open handsomely finished living area. Off to the left is the chef's kitchen featuring a Subzero refrigerator, vented Viking stove, dishwasher, marble countertops, and ample pantry space, allowing you to comfortably prepare your favorite meals. The sun-splashed South-West facing wing boasts two windows, offering city views. A gas fireplace and a wall of custom built-ins perfectly round off the space creating an ideal setting to store and display your most cherished belongings. The large bedroom offers wonderful light and contains two large closets and an area for a small desk. The well-appointed bathroom contains a shower/tub combination, linen closet, and rain shower. Additional features include 11’ ceilings, pre-war details throughout including tasteful moldings and oak floors. Not to be missed is the newly finished large deck that will bring the outdoors in. Last but not least, your very own washer/dryer. The boutique building has bike storage and general storage. Located in the heart of the Rittenhouse Square, you are is just a stone's throw from local transportation, Supermarkets, Rittenhouse Sq Park, and fabulous neighborhood restaurants and amenities such as Parc, Metropolitan Bakery, and Trader Joes.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 574
  • Living Area Sq Ft: 574
  • Price Per Sq Ft: 782.23
  • Above Grade Finished Sq Ft: 574
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1724

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, 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 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: 390.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • 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: 271745.00
  • Land Assessed Value: 47955.00
  • Land Use Code: 570
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2021
  • Zoning: RM4

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5279694
  • School Tax: 2456.00
  • Tax Annual Amount: 4475.00
  • Assessor Parcel Number: 888088852
  • Tax Lot: 249
  • Tax Total Finished Sq Ft: 574
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 09/29/2021

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2021
Closed on
Sep 29, 2021
Sold by
Leo Bianchi
Bought by
Reinganum Margaret
Seller's Agent
Margaux Genovese Pelegrin
Compass RE
Buyer's Agent
Mary Genovese Colvin
Compass RE
List Price
$449,000
Sold Price
$440,000
Premium/Discount to List
-$9,000
-2%
Current Estimated Value
$468,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,880
Avg. Annual Appreciation
1.60%
Original Mortgage
$395,200
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2011
Sold by
1724 Spruce Street Associates Llc
Bought by
Bianchi Leo and Panetta Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.38%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Reinganum Margaret $440,000 None Listed On Document
Bianchi Leo $380,000 Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reinganum Margaret $395,200
Previous Owner Bianchi Leo $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2021 09/29/21 Sold $440,000 -2.0% $767 / Sq Ft
08/13/2021 08/13/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $449,000 -- $782 / 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 $5,370 $421,900 $63,200 $358,700
2024 $5,370 $421,900 $63,200 $358,700
2023 $5,370 $383,600 $57,500 $326,100
2022 $4,475 $383,600 $57,500 $326,100
2021 $4,475 $0 $0 $0
2020 $4,475 $0 $0 $0
2019 $1,334 $0 $0 $0
2018 $1,270 $0 $0 $0
2017 $1,270 $0 $0 $0
2016 $995 $0 $0 $0
2015 $953 $0 $0 $0
2014 -- $276,900 $27,690 $249,210
2012 -- $32,160 $6,432 $25,728
Source: Public Records

Agents Affiliated with this Home

  • Mary Genovese Colvin

    Seller Co-Listing Agent in 2021

    Mary Genovese Colvin

    Compass RE

    (215) 806-1500

    30 in this area

    106 Total Sales

    Mary Genovese Colvin
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Map

Source: Bright MLS

MLS Number: PAPH2019630

Bright MLS

APN: 888088852

Pennsylvania Philadelphia County Philadelphia 19103 Rittenhouse Square

1724 Spruce St Unit 6, Philadelphia, PA

This home is located at 1724 Spruce St Unit 6, Philadelphia, PA 19103 since 10 August 2021 and is currently estimated at $468,880, approximately $816 per square foot. This property was built in 1900. 1724 Spruce St Unit 6 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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