NOT LISTED FOR SALE
2 Beds
2 Baths
2,064 Sq Ft
$650/mo HOA Fee

Last Sold April 15, 2019

Last sale price $745,000 $361 Per Sq Ft

124 Days on Market

Highlights

  • Cathedral Ceiling
  • 3-minute walk to 5Th Street
  • Intercom
  • Built-In Double Oven
  • Eat-In Kitchen
  • 3-minute walk to Girard Fountain Park

About This Home

As of April 2019

Presenting the iconic landmark Daniel Building, one of Philadelphia's finest examples of a beautifully restored Art Deco facade situated in the heart of Old City, a neighborhood immersed in culture, fine dining and creativity. Built in 1927 as a garment factory, this 7-story building of buff brick and cast stone features a 3-bay storefront and wood doors with multi-light transoms. The recessed central entry makes a grand impression and the lobby boasts rough-cut Minnesota stone trimmed with polished Italian marble, designed by Kieran Timberlake and Harris. Take one of two elevators to the 5th floor and find unit 501, one of just two units per floor. This exceptional NY-style industrial loft, lovingly called, "Picasso Loft" by the current owners, dazzles with 2,100 SF of open, sun-drenched space. Polished concrete floors, soaring 14' ceilings and oversized industrial factory windows flood the loft with natural light. The entire unit is open and provides a blank slate in terms of design and layout. It currently functions with two bedrooms situated on either side of the loft. On the east-facing side of the unit, you'll find a handcrafted built-in double desk reminiscent of the Arts and Crafts era. A shared balcony offers sweeping views of famed historic 3rd St, the Ben Franklin Bridge and the top of Christ Church. The kitchen is a chef's dream and features imported Italian light fixtures, a striking 12 ft red Quartz island with plenty of room for food preparation and storage underneath, a Viking range and Kitchen Aid double ovens. The unit offers 2 full bathrooms: one outfitted in Italian marble tile and the other reminiscent of a spa in Mexico, boasting soothing sea-blue mosaic tile, a large open shower and a hot soaking tub. A built-in credenza in the dining area serves as a place to display pottery and glassware. Other features include an energy-conserving w/d, surround sound and central air. This unit provides unique live/work flexibility for the creative-seeking individual. For shopping, you'll love the 3rd Street Corridor to enjoy art, design and fashion hosted by the region's most exciting independently owned shops. Old City is one of the city's most popular nightlife destinations with bars, fine restaurants and 3 Ritz movie theaters. This is an unparalleled opportunity to enjoy all of today's modern amenities while in the heart of the city's rich, historic backdrop. Pre-paid parking for the remainder of 2018 included.

Last Agent to Sell the Property

Kristin McFeely

Compass RE License #RS288562 Listed on: 09/10/2018

Compass RE

Last Buyer's Agent

Gregory Eleftherakis

Compass RE License #RS322562

Compass RE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,877

Year Built

  • Built in 1927

HOA Fees

  • $650 Monthly HOA Fees

Home Design

  • Stone Siding

Interior Spaces

  • 2,064 Sq Ft Home
  • Property has 1 Level
  • Cathedral Ceiling
  • Living Room
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Built-In Double Oven
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Walk-in Shower

Home Security

  • Home Security System
  • Intercom

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot

Eco-Friendly Details

  • Energy-Efficient Appliances

Utilities

  • Central Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater

Community Details

  • $1,300 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, snow removal, trash, water, insurance
  • Mid-Rise Condominium
  • Daniel Building Community
  • Old City Subdivision

Listing and Financial Details

  • Tax Lot 218
  • Assessor Parcel Number 888059158

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,877

Year Built

Built in 1927

Lot Details

0

HOA Fees

$650 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Loft
  • Ownership: Condominium
  • Inclusions: Furniture And Art Negotiable.
  • New Construction: No
  • Story List: Main
  • Year Built: 1927
  • Remarks Public: Presenting the iconic landmark Daniel Building, one of Philadelphia's finest examples of a beautifully restored Art Deco facade situated in the heart of Old City, a neighborhood immersed in culture, fine dining and creativity. Built in 1927 as a garment factory, this 7-story building of buff brick and cast stone features a 3-bay storefront and wood doors with multi-light transoms. The recessed central entry makes a grand impression and the lobby boasts rough-cut Minnesota stone trimmed with polished Italian marble, designed by Kieran Timberlake and Harris. Take one of two elevators to the 5th floor and find unit 501, one of just two units per floor. This exceptional NY-style industrial loft, lovingly called, "Picasso Loft" by the current owners, dazzles with 2,100 SF of open, sun-drenched space. Polished concrete floors, soaring 14' ceilings and oversized industrial factory windows flood the loft with natural light. The entire unit is open and provides a blank slate in terms of design and layout. It currently functions with two bedrooms situated on either side of the loft. On the east-facing side of the unit, you'll find a handcrafted built-in double desk reminiscent of the Arts and Crafts era. A shared balcony offers sweeping views of famed historic 3rd St, the Ben Franklin Bridge and the top of Christ Church. The kitchen is a chef's dream and features imported Italian light fixtures, a striking 12 ft red Quartz island with plenty of room for food preparation and storage underneath, a Viking range and Kitchen Aid double ovens. The unit offers 2 full bathrooms: one outfitted in Italian marble tile and the other reminiscent of a spa in Mexico, boasting soothing sea-blue mosaic tile, a large open shower and a hot soaking tub. A built-in credenza in the dining area serves as a place to display pottery and glassware. Other features include an energy-conserving w/d, surround sound and central air. This unit provides unique live/work flexibility for the creative-seeking individual. For shopping, you'll love the 3rd Street Corridor to enjoy art, design and fashion hosted by the region's most exciting independently owned shops. Old City is one of the city's most popular nightlife destinations with bars, fine restaurants and 3 Ritz movie theaters. This is an unparalleled opportunity to enjoy all of today's modern amenities while in the heart of the city's rich, historic backdrop. Pre-paid parking for the remainder of 2018 included.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Oven - Wall, Oven - Double, Dishwasher
  • Interior Amenities: Kitchen - Island, Intercom, Stall Shower, Kitchen - Eat-In
  • Fireplace: No
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings
  • Floors In Unit Count: 5
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Kitchen, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2064
  • Living Area Sq Ft: 2064
  • Net Sq Ft: 2064.00
  • Price Per Sq Ft: 387.55
  • Above Grade Finished Sq Ft: 2064
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stone
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 650.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Snow Removal, Trash, Water, Insurance
  • HOA: No
  • Senior Community: No

Fee Information

  • Other Fees Frequency: One Time
  • Capital Contribution Fee: 1300.00

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Green Features

  • Efficiency: Appliances

Lot Info

  • Improvement Assessed Value: 427431.00
  • Land Assessed Value: 63869.00
  • Land Use Code: 590
  • Lot Size Units: Square Feet
  • Zoning: CMX3

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4763155
  • Tax Annual Amount: 6877.00
  • Assessor Parcel Number: 888059158
  • Tax Lot: 218
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 04/15/2019

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Range of Values:

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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
04/15/2019 04/15/19 Sold $745,000 -6.9% $361 / Sq Ft
11/05/2018 11/05/18 Price Changed $799,900 -3.0% $388 / Sq Ft
09/10/2018 09/10/18 For Sale $825,000 -- $400 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003233966

Bright MLS

APN: 88-1007017