NOT LISTED FOR SALE

1932 Spruce St Philadelphia, PA 19103

Rittenhouse Square Neighborhood
-- Bed
-- Bath
4,001 Sq Ft
1,854 Sq Ft Lot

Last Sold November 14, 2023

Last sale price $1,650,000 $412 Per Sq Ft

78 Days on Market

Highlights

  • Traditional Architecture
  • Heating Available
  • 4-minute walk to Rittenhouse Square

About This Home

As of November 2023

Fully Rented 6-unit multi-family in PRIME RITTENHOUSE location. (2) studio, (3) 1-bedroom, (1) 2 bedroom. 2 units feature outdoor space. Minutes from Rittenhouse Square, 30th Street station, University of Pennsylvania, Drexel, Fitler and Schuylkill parks, and so many award winning restaurants.

Last Agent to Sell the Property

Melissa Valenti

Compass RE Listed on: 06/26/2023

Compass RE

Co-Listed By

Ame Goldman

Compass RE License #RS274645

Last Buyer's Agent

Nancy Houston

KW Empower

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,926

Year Built

  • Built in 1890

Lot Details

  • 1,854 Sq Ft Lot
  • Lot Dimensions are 18.00 x 103.00

Home Design

  • 4,001 Sq Ft Home
  • Traditional Architecture
  • Masonry

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available
  • Electric Water Heater

Community Details

  • 4 Units
  • Insurance Expense $11,442

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 881524090

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,926

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2023-06-26
  • Year Built: 1890
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Foundation Details: Other
  • Total Sq Ft: 4001
  • Living Area Sq Ft: 4001
  • Price Per Sq Ft: 487.38
  • Above Grade Finished Sq Ft: 4001
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1932

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: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split
  • Heating Fuel: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • 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: CA0
  • Lot Size Acres: 0.04
  • Lot Dimensions: 18.00 x 103.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1854.00
  • Year Assessed: 2023
  • Zoning: RM1

Rental Info

  • Existing Lease Type: Yearly
  • Total Actual Rent: 140160.00
  • Vacation Rental: No

Tax Info

  • School Tax: 8739.00
  • Tax Annual Amount: 15926.00
  • Assessor Parcel Number: 881524090
  • Tax Lot: 3
  • Tax Total Finished Sq Ft: 4001
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 11/14/2023

Multi Family

  • Gross Income: 140160.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6
  • Single Room Units Count: 2

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

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

Property History

Date Event Price Change Sq Ft Price
11/14/2023 11/14/23 Sold $1,650,000 -15.4% $412 / Sq Ft
09/13/2023 09/13/23 Pending -- -- --
08/07/2023 08/07/23 Price Changed $1,950,000 -18.8% $487 / Sq Ft
06/26/2023 06/26/23 For Sale $2,400,000 +12.9% $600 / Sq Ft
04/30/2018 04/30/18 Sold $2,125,000 -11.5% $531 / Sq Ft
04/03/2018 04/03/18 Pending -- -- --
03/06/2018 03/06/18 Price Changed $2,400,000 -9.4% $600 / Sq Ft
02/05/2018 02/05/18 For Sale $2,650,000 -- $662 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Melissa Valenti

    Seller's Agent in 2023

    Melissa Valenti

    Compass RE

    (215) 939-5823

    54 in this area

    165 Total Sales

    Melissa Valenti
    Section Image
  • Ame Goldman

    Seller Co-Listing Agent in 2023

    Ame Goldman

    Compass RE

    (215) 868-3532

    8 in this area

    146 Total Sales

    Ame Goldman
    Section Image
  • Nancy Houston

    Buyer's Agent in 2023

    Nancy Houston

    KW Empower

    (215) 990-1161

    1 in this area

    59 Total Sales

    Nancy Houston
    Section Image
  • Russel Panchelli

    Seller's Agent in 2018

    Russel Panchelli

    Mallin Panchelli Nadel Realty Inc

    (215) 413-4900

    1 Total Sale

    Russel Panchelli
    Section Image
  • KATRINA MINK

    Buyer's Agent in 2018

    KATRINA MINK

    Compass RE

    (267) 258-3891

    2 in this area

    42 Total Sales

    KATRINA MINK
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH2247874

Bright MLS
Pennsylvania Philadelphia County Philadelphia 19103 Rittenhouse Square

1932 Spruce St, Philadelphia, PA

This home is located at 1932 Spruce St, Philadelphia, PA 19103 since 26 June 2023. This property was built in 1890. 1932 Spruce St 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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