NOT LISTED FOR SALE

Estimated Value: $356,000 - $664,000

3 Beds
2 Baths
1,514 Sq Ft
$1,832/mo HOA Fee

Last Sold July 31, 2023

Last sale price $650,000 $429 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $5,001/month

112 Days on Market

Highlights

  • Concierge
  • Security Service
  • Cats Allowed
  • Fitness Center
  • Multiple cooling system units
  • 2-minute walk to Rittenhouse Square

About This Home

As of July 2023

Value on the Square! 3 Bedroom 2 Full bathroom spanning half of the southern side of the building. 2 condos combined to create a terrific layout. It lives like a home. Split bedroom design where the primary suite is on the opposite side of the 2 guest bedrooms. The kitchen has its own access to the hallway which is an added convenience. Incredible sun throughout the unit. New Improvements include: Kitchen upgrades, new laundry room and completely repainted. Rittenhouse Savoy is located on the South side of Rittenhouse Square. The building has 24 hour desk services, a sun deck with panoramic views of the city, a fitness facility and laundry room. Short walk to UPENN, Drexel University, Chop, Jefferson Hospital, 30th Street Station, central business district, Schuylkill River Park, high end retail and Philadelphia's best bars, cafes, and restaurants. Note that all utilities EVEN CABLE & INTERNET are included in condo fee amount listed. Brand new hallways almost completed.

Last Agent to Sell the Property

Alon Seltzer

(215) 915-2000 alon.seltzer@compass.com Compass RE Listed on: 03/03/2023

Compass RE

Last Buyer's Agent

Kristin McFeely

(215) 620-8726 kristin.mcfeely@compass.com Compass RE License #RS288562

Compass RE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,706

Year Built

  • Built in 1952

Lot Details

  • 915

HOA Fees

  • $1,832 Monthly HOA Fees

Home Design

  • Entry on the 7th floor
  • Masonry

Interior Spaces

  • 1,514 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Utilities

  • Multiple cooling system units
  • Heating Available

Additional Features

  • Accessible Elevator Installed
  • Property is in very good condition

Listing and Financial Details

  • Tax Lot 277
  • Assessor Parcel Number 888083029,888083030

Community Details

Overview

  • $3,664 Capital Contribution Fee
  • Association fees include air conditioning, cable TV, common area maintenance, electricity, gas, heat, management, snow removal, trash, water
  • $300 Other One-Time Fees
  • High-Rise Condominium
  • The Rittenhouse Savoy Condos
  • Rittenhouse Square Subdivision

Amenities

  • Concierge
  • Recreation Room

Recreation

Pet Policy

  • Cats Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,706

Year Built

Built in 1952

Lot Details

0

HOA Fees

$1,832 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-03-04
  • Year Built: 1952
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 7
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Has Laundry, Washer In Unit
  • Total Sq Ft: 1514
  • Living Area Sq Ft: 1514
  • Price Per Sq Ft: 445.84
  • Above Grade Finished Sq Ft: 1514
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1810

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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
  • Spa: No
  • 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: No
  • Cooling Type: Multi Units
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1832.08
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Rittenhouse Savoy
  • HOA Condo Co-Op Amenities: Concierge, Elevator, Recreational Center, Exercise Room, Fitness Center, Security
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Cable Tv, Common Area Maintenance, Electricity, Gas, Heat, Management, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No

Fee Information

  • Other Fees: 300.00
  • Other Fees Frequency: One Time
  • Capital Contribution Fee: 3664.16

Schools

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

Lot Info

  • Land Use Code: 590
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: RM4

Rental Info

  • Pets: Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7706.00
  • Assessor Parcel Number: 888083029,888083030
  • Tax Lot: 277
  • Tax Total Finished Sq Ft: 892
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 07/31/2023

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2005
Sold by
Gore Mugdha R
Bought by
Gore Mugdha R
Current Estimated Value
$525,706

Purchase Details

Closed on
Feb 3, 2003
Sold by
Segal Robert J and Goldner Linda Joy
Bought by
Gore Mugdah R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$128,763
Interest Rate
5.98%
Estimated Equity
$396,943
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
Gore Mugdha R $1,000 --
Gore Mugdah R $490,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gore Mugdah R $300,000
Closed Gore Mugdah R $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2023 07/31/23 Sold $650,000 -3.7% $429 / Sq Ft
05/12/2023 05/12/23 Price Changed $675,000 -3.6% $446 / Sq Ft
03/03/2023 03/03/23 For Sale $700,000 0.0% $462 / Sq Ft
02/25/2019 02/25/19 Rented $3,850 -3.6% --
01/23/2019 01/23/19 Under Contract -- -- --
12/07/2018 12/07/18 For Rent $3,995 -- --
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 $4,583 $343,700 $34,300 $309,400
2024 $4,583 $343,700 $34,300 $309,400
2023 $4,583 $327,400 $32,700 $294,700
2022 $3,190 $282,400 $32,700 $249,700
2021 $4,450 $0 $0 $0
2020 $4,450 $0 $0 $0
2019 $3,033 $0 $0 $0
2018 $4,030 $0 $0 $0
2017 $4,450 $0 $0 $0
2016 $3,625 $0 $0 $0
2015 $3,471 $0 $0 $0
2014 -- $289,000 $30,100 $258,900
2012 -- $27,680 $3,987 $23,693
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2207568

Bright MLS

APN: 888083029