NOT LISTED FOR SALE

Estimated Value: $2,746,984

2 Beds
2.5 Baths
1,748 Sq Ft
$1,923/mo HOA Fee

Last Sold April 03, 2023

Last sale price $3,047,795 $1,744 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $20,046/month

Highlights

  • Concierge
  • 5-minute walk to 19Th Street
  • 24-Hour Security
  • Bar or Lounge
  • Fitness Center
  • 2-minute walk to Rittenhouse Square

About This Home

As of April 2023

Introducing The Laurel, Philadelphia s newest luxury Condominium and the final residential opportunity on historic Rittenhouse Square. The striking glass tower soaring 48 stories is a masterpiece of contemporary architecture designed to inspire. The Laurel offers quarter floor Sky residences, half floor Estates and full-floor customizable Penthouses. Paired with an incomparable array of elevated amenities and personalized services, each residence fulfills a vision for the ultimate in contemporary condominium living.

The Sky 4 (S4) located on the North East corner is a dramatic residence featuring expansive wraparound windows framing the panoramic city skyline views. This home features 10 foot ceilings, a split bedroom floor plan and 2 balconies. The gourmet kitchen is adorn with two tone, high gloss cabinets in White and Black Bamboo by Hans Krug and flows out to the first balcony and into the open living and dining areas. The appliance package includes a Sub-Zero integrated refrigerator, Wolf gas cooktop, state of the art steam oven and full size convection oven. The oversized kitchen island features White Statuary Quartz counters with waterfall edges, a large under mounted sink, Dornbracht faucet, Meile dishwasher and under-counter drawer microwave. The intimate owner’s suite with the second balcony offers views of Rittenhouse Square. The owner's bathroom is complimented by an expansive shower with Fantini shower fixtures. The luxurious freestanding soaking tub sits atop stunning Empyrean Ice White marble floors surrounded by floor to ceiling porcelain walls. A comfortable size laundry room with full size Maytag washer and vented dryer make life easier. Prewiring for future blinds and smart home technology complete this magnificent residence.

Last Agent to Sell the Property

Eva Walker

Fusion PHL Realty, LLC License #RM424124 Listed on: 01/31/2022

Last Buyer's Agent

Eva Walker

Fusion PHL Realty, LLC License #RM424124 Listed on: 01/31/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,525

Year Built

  • Built in 2022 | New Construction

Lot Details

  • South Facing Home

HOA Fees

  • $1,923 Monthly HOA Fees

Parking

  • 1 Assigned Parking Garage Space

Interior Spaces

  • 1,748 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Wet Bar
  • Fireplace
  • Family Room Off Kitchen
  • Wood Flooring
  • Home Security System

Kitchen

  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Wine Rack
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Lighting

Outdoor Features

  • Multiple Balconies
  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Water Dispenser
  • Natural Gas Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • Association fees include alarm system, all ground fee, health club, management, water, trash, snow removal, sauna, pool(s), exterior building maintenance, common area maintenance
  • High-Rise Condominium
  • Rittenhouse Square Subdivision

Amenities

  • Concierge
  • Doorman
  • Transportation Service
  • Meeting Room
  • Party Room
  • Bar or Lounge
  • Guest Suites
  • Elevator
  • Community Storage Space

Recreation

  • Community Spa

Pet Policy

  • Limit on the number of pets

Security

  • 24-Hour Security
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,525

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$1,923 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Home Warranty: Yes
  • New Construction: Yes
  • Story List: Main
  • Year Built: 2022
  • Automatically Close On Close Date: No
  • Remarks Public: Introducing The Laurel, Philadelphia s newest luxury Condominium and the final residential opportunity on historic Rittenhouse Square. The striking glass tower soaring 48 stories is a masterpiece of contemporary architecture designed to inspire. The Laurel offers quarter floor Sky residences, half floor Estates and full-floor customizable Penthouses. Paired with an incomparable array of elevated amenities and personalized services, each residence fulfills a vision for the ultimate in contemporary condominium living. The Sky 4 (S4) located on the North East corner is a dramatic residence featuring expansive wraparound windows framing the panoramic city skyline views. This home features 10 foot ceilings, a split bedroom floor plan and 2 balconies. The gourmet kitchen is adorn with two tone, high gloss cabinets in White and Black Bamboo by Hans Krug and flows out to the first balcony and into the open living and dining areas. The appliance package includes a Sub-Zero integrated refrigerator, Wolf gas cooktop, state of the art steam oven and full size convection oven. The oversized kitchen island features White Statuary Quartz counters with waterfall edges, a large under mounted sink, Dornbracht faucet, Meile dishwasher and under-counter drawer microwave. The intimate owner’s suite with the second balcony offers views of Rittenhouse Square. The owner's bathroom is complimented by an expansive shower with Fantini shower fixtures. The luxurious freestanding soaking tub sits atop stunning Empyrean Ice White marble floors surrounded by floor to ceiling porcelain walls. A comfortable size laundry room with full size Maytag washer and vented dryer make life easier. Prewiring for future blinds and smart home technology complete this magnificent residence.
  • Special Features: 4098
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Icemaker, Oven - Wall, Washer, Water Dispenser
  • Entry Floor: 32
  • Interior Amenities: Family Room Off Kitchen, Floor Plan - Open, Kitchen - Island, Primary Bath(s), Sprinkler System, Stall Shower, Walk-In Closet(s), Wet/Dry Bar, Wine Storage, Wood Floors
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1748
  • Living Area Sq Ft: 1748
  • Price Per Sq Ft: 1783.64
  • Above Grade Finished Sq Ft: 1748
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1911

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Glass
  • Construction Completed: No
  • Exterior Features: Secure Storage
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: 24 Hour Security, Doorman, Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1923.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Bar/Lounge, Concierge, Elevator, Exercise Room, Extra Storage, Fitness Center, Guest Suites, Hot Tub, Meeting Room, Party Room, Pool - Indoor, Pool - Outdoor, Reserved/Assigned Parking, Sauna, Security, Transportation Service
  • HOA Condo Co-Op Fee Includes: Alarm System, All Ground Fee, Health Club, Management, Water, Trash, Snow Removal, Sauna, Pool(s), Ext Bldg Maint, 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

  • Efficiency: Appliances, Lighting
  • Green Indoor Air Qlty: Ventilation, Moisture Control, Integrated Pest Management, Contaminant Control

Lot Info

  • Outdoor Living Structures: Balconies- Multiple
  • Zoning: CMX-4

Rental Info

  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2525.00
  • Assessor Parcel Number: NO TAX RECORD
  • Tax Year: 2019
  • Close Date: 04/03/2023

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2022
Closed on
Mar 31, 2023
Sold by
1911 Walnut Street Llc
Bought by
Brahin Lee Freeman
Seller's Agent
Eva Walker
Fusion PHL Realty, LLC
Buyer's Agent
Eva Walker
Fusion PHL Realty, LLC
List Price
$3,117,795
Sold Price
$3,047,795
Premium/Discount to List
-$70,000
-2.25%
Current Estimated Value
$2,746,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$300,811
Avg. Annual Appreciation
-4.70%
Original Mortgage
$850,000
Outstanding Balance
$826,490
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$1,920,494
Source: Public Records

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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
Brahin Lee Freeman $2,797,795 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brahin Lee Freeman $850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2023 04/03/23 Sold $3,047,795 -2.2% $1,744 / Sq Ft
01/31/2022 01/31/22 For Sale $3,117,795 -- $1,784 / Sq Ft
01/30/2022 01/30/22 Pending -- -- --
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 -- $2,306,000 $184,480 $2,121,520
2024 -- $2,306,000 $184,480 $2,121,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2064450

Bright MLS

APN: 888000841