$1,070,000
SOLD NOV 22, 2024
-- Bed
-- Bath
3,826 Sq Ft
1,350 Sq Ft Lot

Recently Sold

$280 Per Sq Ft

3% Below List Price

152 Days on Market

Highlights

  • New Construction
  • City View
  • Curved or Spiral Staircase
  • Gourmet Kitchen
  • Open Floorplan
  • Deck

About This Home

As of November 2024

18TEN stands as a remarkable NEW DEVELOPMENT triplex in one of the FASTEST growing neighborhoods of Philadelphia. Originally envisioned on as a boutique luxury condo building, each unit was crafted with careful attention to detail in its design. Floors are fitted with wide plank white oak hardwood, truly remarkable solid wood two-tone designer kitchens with quartz countertops and backsplash, stainless steel appliances, matte black hardware accents, porcelain wall tile, floating vanities, Delta plumbing fixtures, and other unique features that put these beautiful new condos within a league of their own.
-Unit 1- Encompasses the main and lower level, this unit features 3 bedrooms, 3 full and 1 half bathrooms. The main level holds a living area, huge gourmet kitchen with an oversized island featuring a double waterfall edge, dining area with ample window space, power room and a primary bedroom suite featuring a lavish en-suite bath and walk-in closet. The room also holds a door with access to the private backyard patio space. Make your way down to the lower level to find a media room with an additional door leading to an egress and two bedrooms; both with their own private en-suite bathrooms. This unit feels like a townhome, given its spacious floorplan and privacy.
Unit 2- Encompasses the 2nd level of the building and features 2 bedrooms, 2 full bathrooms. You will find an open kitchen/living space, primary bedroom with a walk-in closet and en-suite bathroom as well as an additional front facing bedroom with jack-and-jill access to a beautifully appointed full bathroom, plus access to a balcony overlooking Germantown Ave.
-Unit 3- Encompasses the 3rd level of the building and features 2 bedrooms, 2 full bathrooms. You will find a stunning kitchen with an island. The kitchen is open to a dramatic double height living room with a spiral staircase leading up to the roof deck, you will notice a ton of windows, allowing for the flow of natural light. A primary bedroom with a walk-in closet and en-suite bathroom face the rear of the building, as well as an additional front facing bedroom with jack-and-jill access to a beautifully appointed full bathroom plus access to a balcony overlooking Germantown Ave. A massive roof deck gives you panoramic view of the city and acts as an idea entertainment space.
18TEN is located directly between Fishtown and Temple University and is in walking distance to several neighborhood hotspots such as Billy Penn Studios, Sor Ynez, Fermentary Form, Human Robot, Stateside Vodka and more!

Last Agent to Sell the Property

Maxim Shtraus

(215) 630-4620 maximshtraus@gmail.com Elite Realty Group Unl. Inc. Listed on: 05/11/2024

Co-Listed By

Reut Cohen

(856) 520-7378 reutcoy@gmail.com Elite Realty Group Unl. Inc.

Last Buyer's Agent

Maxim Shtraus

(215) 630-4620 maximshtraus@gmail.com Elite Realty Group Unl. Inc. Listed on: 05/11/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,951

Year Built

  • Built in 2023 | New Construction

Lot Details

  • Lot Dimensions are 17.00 x 80.00
  • Sprinkler System
  • Property is in excellent condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Contemporary Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Advanced Framing
  • Fiberglass Roof
  • Metal Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • CPVC or PVC Pipes
  • Composite Building Materials

Interior Spaces

  • 3,826 Sq Ft Home
  • Open Floorplan
  • Curved or Spiral Staircase
  • Vaulted Ceiling
  • Recessed Lighting
  • Dining Area
  • City Views
  • Washer and Dryer Hookup

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Finished Basement

  • Walk-Out Basement
  • Walk-Up Access
  • Side Basement Entry
  • Drainage System
  • Basement Windows

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Terrace
  • Exterior Lighting
  • Rain Gutters

Location

  • Urban Location

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for insurance, management, sewer maintenance, real estate taxes, trash collection
  • Tax Lot 120
  • Assessor Parcel Number 183162900

Community Details

Overview

  • 3 Units
  • Olde Kensington Subdivision

Building Details

  • Income includes apartment rentals
  • Insurance Expense $3,150
  • Trash Expense $225
  • Operating Expense $3,600
  • Net Operating Income $69,485

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,951

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Inclusions: 3 Refrigerators
  • New Construction: Yes
  • Year Built: 2023
  • Automatically Close On Close Date: Yes
  • Remarks Public: 18TEN stands as a remarkable NEW DEVELOPMENT triplex in one of the FASTEST growing neighborhoods of Philadelphia. Originally envisioned on as a boutique luxury condo building, each unit was crafted with careful attention to detail in its design. Floors are fitted with wide plank white oak hardwood, truly remarkable solid wood two-tone designer kitchens with quartz countertops and backsplash, stainless steel appliances, matte black hardware accents, porcelain wall tile, floating vanities, Delta plumbing fixtures, and other unique features that put these beautiful new condos within a league of their own. -Unit 1- Encompasses the main and lower level, this unit features 3 bedrooms, 3 full and 1 half bathrooms. The main level holds a living area, huge gourmet kitchen with an oversized island featuring a double waterfall edge, dining area with ample window space, power room and a primary bedroom suite featuring a lavish en-suite bath and walk-in closet. The room also holds a door with access to the private backyard patio space. Make your way down to the lower level to find a media room with an additional door leading to an egress and two bedrooms; both with their own private en-suite bathrooms. This unit feels like a townhome, given its spacious floorplan and privacy. Unit 2- Encompasses the 2nd level of the building and features 2 bedrooms, 2 full bathrooms. You will find an open kitchen/living space, primary bedroom with a walk-in closet and en-suite bathroom as well as an additional front facing bedroom with jack-and-jill access to a beautifully appointed full bathroom, plus access to a balcony overlooking Germantown Ave. -Unit 3- Encompasses the 3rd level of the building and features 2 bedrooms, 2 full bathrooms. You will find a stunning kitchen with an island. The kitchen is open to a dramatic double height living room with a spiral staircase leading up to the roof deck, you will notice a ton of windows, allowing for the flow of natural light. A primary bedroom with a walk-in closet and en-suite bathroom face the rear of the building, as well as an additional front facing bedroom with jack-and-jill access to a beautifully appointed full bathroom plus access to a balcony overlooking Germantown Ave. A massive roof deck gives you panoramic view of the city and acts as an idea entertainment space. 18TEN is located directly between Fishtown and Temple University and is in walking distance to several neighborhood hotspots such as Billy Penn Studios, Sor Ynez, Fermentary Form, Human Robot, Stateside Vodka and more!
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Disposal, Energy Efficient Appliances, Microwave, Oven/Range - Gas, Oven - Self Cleaning, Refrigerator, Stainless Steel Appliances, Washer/Dryer Hookups Only, Water Heater
  • Flooring Type: Wood, Tile/Brick
  • Interior Amenities: Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Recessed Lighting, Bathroom - Soaking Tub, Sprinkler System, Spiral Staircase, Bathroom - Stall Shower, Bathroom - Tub Shower, Upgraded Countertops, Walk-In Closet(s), Wood Floors, Entry Level Bedroom, Dining Area, Combination Kitchen/Living, Combination Kitchen/Dining, Combination Dining/Living
  • Window Features: Energy Efficient
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall, Vaulted Ceilings
  • Foundation Details: Concrete Perimeter
  • Room Count: 15
  • Basement: Yes
  • Basement Type: Daylight, Partial, Drainage System, Fully Finished, Poured Concrete, Side Entrance, Walkout Level, Walkout Stairs, Windows
  • Total Sq Ft: 3826
  • Living Area Sq Ft: 3826
  • Price Per Sq Ft: 287.48
  • Above Grade Finished Sq Ft: 3826
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1810

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Advanced Framing, Brick, Composition, Cpvc/Pvc, Metal Siding, Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Exterior Lighting, Gutter System, Street Lights, Sidewalks
  • Roof: Flat, Fiberglass
  • View: Street, City
  • 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
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available
  • Water Source: Public

Schools

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

Lot Info

  • Land Use Code: SR
  • Lot Dimensions: 17.00 x 80.00
  • Outdoor Living Structures: Deck(s), Balcony, Patio(s), Roof, Terrace
  • Property Condition: Excellent
  • Year Assessed: 2024
  • Zoning: RSA5

Rental Info

  • Owner Pays: Insurance, Management, Sewer Maintenance, Taxes - Real Estate, Trash Collection
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 1092.00
  • Tax Annual Amount: 1951.00
  • Assessor Parcel Number: 183162900
  • Tax Lot: 120
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 11/22/2024

Multi Family

  • Gross Income: 75036.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 3600.00

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2024
Closed on
Nov 20, 2024
Sold by
1808-10 Germantown Avenue Llc
Bought by
Abiola Abayomi
Seller's Agent
Maxim Shtraus
Elite Realty Group Unl. Inc.
Buyer's Agent
Maxim Shtraus
Elite Realty Group Unl. Inc.
List Price
$1,099,900
Sold Price
$1,070,000
Premium/Discount to List
-$29,900
-2.72%
Views
5
Current Estimated Value
$917,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$152,401
Avg. Annual Appreciation
-14.43%
Original Mortgage
$1,016,500
Outstanding Balance
$1,009,318
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
-$67,696
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $1,070,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,016,500 New Conventional
Previous Owner $555,000 Credit Line Revolving
Previous Owner $1,390,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2024 11/22/24 Sold $1,070,000 -2.7% $280 / Sq Ft
10/10/2024 10/10/24 Pending -- -- --
05/11/2024 05/11/24 For Sale $1,099,900 -- $287 / 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 $1,951 $133,300 $133,300 --
2024 $1,951 $133,300 $133,300 --
2023 $1,951 $139,400 $139,400 $0
2022 $112 $139,400 $139,400 $0
2021 $112 $0 $0 $0
2020 $112 $0 $0 $0
2019 $112 $0 $0 $0
2018 $112 $0 $0 $0
2017 $112 $0 $0 $0
2016 $112 $0 $0 $0
2015 $107 $0 $0 $0
2014 -- $8,000 $8,000 $0
2012 -- $544 $544 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2353684

Bright MLS

APN: 183162900