NOT LISTED FOR SALE

Estimated Value: $202,548 - $262,000

1 Bed
1 Bath
702 Sq Ft
$208/mo HOA Fee

Last Sold March 31, 2023

Last sale price $179,000 $255 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,480/month

61 Days on Market

Highlights

  • New Construction
  • Forced Air Heating and Cooling System
  • 5-minute walk to 8th & Diamond Playground
  • Contemporary Architecture
  • Property is in excellent condition

About This Home

As of March 2023

Welcome to SOKO Commons, a beautiful new construction condo community at an affordable price. SOKO Commons is home to a variety of models ranging from 1 Bed 1 Bath to 2 Bed, 3 Baths. Each thoughtfully designed unit comes with all major appliances including a washer and dryer, custom designed closet systems, architecturally designed Anderson windows, central air, and the full 10 year tax abatement. The community has a large exterior green common space perfect for gathering with friends and family to dine al fresco or enjoy your morning coffee. SOKO Commons is conveniently located blocks away from the El and minutes from I95 and I676 - making any commute to your next destination a breeze. You'll also find yourself a quick hop away from some of the area's best gathering spots like Human Robot, Philadelphia Brewing Co, The Ground Coffee, LMNO, Stateside Distillery, and Kalaya Thai Kitchen - as well as super convenient to Temple University! For those looking for some relief on their closing costs, a 2.5% seller assist is being offered to all buyers who go under contract by 2/28/23! Additionally, our preferred lender is offering a mortgage credit of $1300!
This unit boasts 1 spacious bedroom with 1 stunning full bathroom with living space. Also features a private outdoor patio perfect for entertaining.
*Square footage is estimated, to be verified by buyers.
**Photos are of a model unit

Last Agent to Sell the Property

Margaux Genovese Pelegrin

(215) 205-2400 margaux.pelegrin@gmail.com Compass RE Listed on: 11/28/2022

Compass RE

Co-Listed By

Nancy Serpentine

(215) 768-1994 nancy.serpentine@compass.com Compass RE

Last Buyer's Agent

Toby DeLaRosa

(215) 913-6047 tdelarosa@spaceandcompany.com Space & Company License #RS350269

Space & Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $525

Year Built

  • Built in 2022 | New Construction

Lot Details

  • Property is in excellent condition

HOA Fees

  • $208 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor

Interior Spaces

  • 702 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 327
  • Assessor Parcel Number 888181726

Community Details

Overview

  • Association fees include management, water, snow removal, trash, reserve funds, custodial services maintenance, insurance, exterior building maintenance
  • Low-Rise Condominium
  • South Kensington Subdivision

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$525

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$208 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: Yes
  • Story List: Main
  • Expected On Market: 2022-11-28
  • Year Built: 2022
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to SOKO Commons, a beautiful new construction condo community at an affordable price. SOKO Commons is home to a variety of models ranging from 1 Bed 1 Bath to 2 Bed, 3 Baths. Each thoughtfully designed unit comes with all major appliances including a washer and dryer, custom designed closet systems, architecturally designed Anderson windows, central air, and the full 10 year tax abatement. The community has a large exterior green common space perfect for gathering with friends and family to dine al fresco or enjoy your morning coffee. SOKO Commons is conveniently located blocks away from the El and minutes from I95 and I676 - making any commute to your next destination a breeze. You'll also find yourself a quick hop away from some of the area's best gathering spots like Human Robot, Philadelphia Brewing Co, The Ground Coffee, LMNO, Stateside Distillery, and Kalaya Thai Kitchen - as well as super convenient to Temple University! For those looking for some relief on their closing costs, a 2.5% seller assist is being offered to all buyers who go under contract by 2/28/23! Additionally, our preferred lender is offering a mortgage credit of $1300! This unit boasts 1 spacious bedroom with 1 stunning full bathroom with living space. Also features a private outdoor patio perfect for entertaining. *Square footage is estimated, to be verified by buyers. **Photos are of a model unit
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 702
  • Living Area Sq Ft: 702
  • Price Per Sq Ft: 254.99
  • Above Grade Finished Sq Ft: 702
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2015

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Completed: 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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 207.60
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Management, Water, Snow Removal, Trash, Reserve Funds, Custodial Services Maintenance, Insurance, Ext Bldg Maint
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 198900.00
  • Land Assessed Value: 35100.00
  • Land Use Code: RB
  • Lot Dimensions: 0.00 x 100.00
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: RM1

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 25377556
  • School Tax: 1797.00
  • Tax Annual Amount: 525.00
  • Assessor Parcel Number: 888181726
  • Tax Lot: 327
  • Tax Total Finished Sq Ft: 1810
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 03/31/2023

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2022
Closed on
Mar 31, 2023
Sold by
Aqualion Properties Inc
Bought by
Raymond Adam J
Seller's Agent
Margaux Genovese Pelegrin
Compass RE
Buyer's Agent
Toby DeLaRosa
Space & Company
List Price
$179,000
Sold Price
$179,000
Views
63
Current Estimated Value
$232,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,274
Avg. Annual Appreciation
10.89%
Original Mortgage
$139,000
Outstanding Balance
$134,883
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$97,391
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Raymond Adam J $179,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raymond Adam J $139,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2023 03/31/23 Sold $179,000 0.0% $255 / Sq Ft
11/28/2022 11/28/22 For Sale $179,000 -- $255 / 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 $491 $280,800 $42,100 $238,700
2024 $491 $280,800 $42,100 $238,700
2023 -- $234,000 $35,100 $198,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAPH2180396

Bright MLS

APN: 888181726