NOT LISTED FOR SALE

202 W Rittenhouse Square Unit 2602 Philadelphia, PA 19103

Rittenhouse Square Neighborhood

Estimated Value: $1,025,000 - $1,387,000

2 Beds
2 Baths
1,418 Sq Ft
$1,318/mo HOA Fee

Last Sold November 16, 2018

Last sale price $1,150,000 $811 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $7,961/month

41 Days on Market

Highlights

  • Wood Flooring
  • Breakfast Area or Nook
  • En-Suite Primary Bedroom
  • Community Pool
  • Living Room
  • 2-minute walk to Rittenhouse Square

About This Home

As of November 2018

Renovated and sun-soaked two bedroom, two bathroom on a high floor at the highly coveted Rittenhouse. Enter the home through a welcoming foyer into a large great room with breath taking views to the north and west of Philadelphia. There is a large, well-appointed kitchen with high end white cabinetry, stainless steel appliances, tile backsplash and breakfast bar. The master suite boasts a large walk-in closet and a renovated ensuite with double vanity, soaking tub and glass enclosed shower. Additional home highlights includes a generously sized second bedroom, updated bathroom, hardwood floors in the great room and kitchen, carpet in the bedrooms and washer/dryer. The condominiums at The Rittenhouse sit atop the five-diamond Rittenhouse Hotel; residents of The Rittenhouse enjoy the use of the same amenities as hotel guests for an additional fee, including room service, housekeeping, dog walking, health club, spa services and indoor pool. The Rittenhouse is located on the west side of Rittenhouse Square. Rittenhouse Square is ranked the 6th best neighborhood in North America with 175 restaurants and 199 retailers within a three block radius. University City, Market Street office corridor and The Avenue of the Arts are within walking distance. Amtrak 30th Street Station and Philadelphia International Airport are just minutes away.

Last Agent to Sell the Property

Allan Domb

Allan Domb Real Estate License #RB043135A Listed on: 07/11/2018

Last Buyer's Agent

Allan Domb

Allan Domb Real Estate License #RB043135A Listed on: 07/11/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,025

Year Built

  • Built in 1960

HOA Fees

  • $1,318 Monthly HOA Fees

Interior Spaces

  • 1,418 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Breakfast Area or Nook
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 992
  • Assessor Parcel Number 888085319

Community Details

Overview

  • $2,636 Capital Contribution Fee
  • Association fees include pool(s), health club
  • $2,636 Other One-Time Fees
  • The Rittenhouse Community
  • Rittenhouse Square Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,025

Year Built

Built in 1960

Lot Details

0

HOA Fees

$1,318 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • New Construction: No
  • Year Built: 1960
  • Remarks Public: Renovated and sun-soaked two bedroom, two bathroom on a high floor at the highly coveted Rittenhouse. Enter the home through a welcoming foyer into a large great room with breath taking views to the north and west of Philadelphia. There is a large, well-appointed kitchen with high end white cabinetry, stainless steel appliances, tile backsplash and breakfast bar. The master suite boasts a large walk-in closet and a renovated ensuite with double vanity, soaking tub and glass enclosed shower. Additional home highlights includes a generously sized second bedroom, updated bathroom, hardwood floors in the great room and kitchen, carpet in the bedrooms and washer/dryer. The condominiums at The Rittenhouse sit atop the five-diamond Rittenhouse Hotel; residents of The Rittenhouse enjoy the use of the same amenities as hotel guests for an additional fee, including room service, housekeeping, dog walking, health club, spa services and indoor pool. The Rittenhouse is located on the west side of Rittenhouse Square. Rittenhouse Square is ranked the 6th best neighborhood in North America with 175 restaurants and 199 retailers within a three block radius. University City, Market Street office corridor and The Avenue of the Arts are within walking distance. Amtrak 30th Street Station and Philadelphia International Airport are just minutes away.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring Type: Wood
  • Interior Amenities: Primary Bath(s), Breakfast Area
  • Fireplace: No
  • Entry Location: Foyer
  • Floors In Unit Count: 26
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1418
  • Living Area Sq Ft: 1418
  • Net Sq Ft: 1418.00
  • Price Per Sq Ft: 842.74
  • Above Grade Finished Sq Ft: 1418
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 202

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1318.00
  • HOA Fee Frequency: Monthly
  • Additional Association Fees: Pool
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool
  • HOA Condo Co-Op Fee Includes: Pool(s), Health Club
  • HOA: No
  • Senior Community: No

Fee Information

  • Other Fees: 2636.00
  • Other Fees Frequency: One Time
  • Capital Contribution Fee: 2636.00

Schools

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

Lot Info

  • Improvement Assessed Value: 708840.00
  • Land Assessed Value: 78760.00
  • Land Use Code: 591
  • Lot Size Units: Square Feet
  • Zoning: RM4

Rental Info

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

Tax Info

  • Assessor Parcel Number: 1429375
  • Tax Annual Amount: 11025.00
  • Assessor Parcel Number: 888085319
  • Tax Lot: 992
  • Tax Year: 2018
  • Close Date: 11/16/2018

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2018
Closed on
Nov 15, 2018
Sold by
Domb Allan
Bought by
Edelstein Jay L and Edelstein Maria E
Seller's Agent
Allan Domb
Allan Domb Real Estate
Buyer's Agent
Allan Domb
Allan Domb Real Estate
List Price
$1,195,000
Sold Price
$1,150,000
Premium/Discount to List
-$45,000
-3.77%
Total Days on Market
41
Current Estimated Value
$1,040,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$109,354
Avg. Annual Appreciation
-0.66%
Original Mortgage
$880,000
Outstanding Balance
$769,216
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$330,870

Purchase Details

Closed on
Mar 7, 2005
Sold by
Olson Norman J and Olson Norman
Bought by
Domb Allan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 1996
Sold by
The Rittenhouse Development Company
Bought by
Nelson Kenneth A and Nelson Maryrose
Source: Public Records

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
Edelstein Jay L $1,150,000 Ad Abstract Corp
Domb Allan $940,000 --
Nelson Kenneth A $329,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edelstein Jay L $250,000
Open Edelstein Jay L $880,000
Previous Owner Domb Allan $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2018 11/16/18 Sold $1,150,000 -3.8% $811 / Sq Ft
08/21/2018 08/21/18 Pending -- -- --
07/11/2018 07/11/18 For Sale $1,195,000 -- $843 / 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 $11,355 $794,900 $79,400 $715,500
2024 $11,355 $794,900 $79,400 $715,500
2023 $11,355 $811,200 $81,100 $730,100
2022 $11,355 $811,200 $81,100 $730,100
2021 $11,355 $0 $0 $0
2020 $11,355 $0 $0 $0
2019 $11,025 $0 $0 $0
2018 $11,025 $0 $0 $0
2017 $11,025 $0 $0 $0
2016 $10,023 $0 $0 $0
2015 $9,594 $0 $0 $0
2014 -- $716,000 $75,300 $640,700
2012 -- $101,632 $9,923 $91,709
Source: Public Records

Agents Affiliated with this Home

  • Allan Domb

    Seller's Agent in 2018

    Allan Domb

    Allan Domb Real Estate

    (215) 545-1500

    185 in this area

    397 Total Sales

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Map

Source: Bright MLS

MLS Number: 1002021588

Bright MLS

APN: 888085319

Pennsylvania Philadelphia County Philadelphia 19103 Rittenhouse Square

202 W Rittenhouse Square Unit 2602, Philadelphia, PA

This home is located at 202 W Rittenhouse Square Unit 2602, Philadelphia, PA 19103 since 11 July 2018 and is currently estimated at $1,132,003, approximately $798 per square foot. This property was built in 1960. 202 W Rittenhouse Square Unit 2602 is a home located in Philadelphia County with nearby schools including Albert M Greenfield School, Benjamin Franklin High School, and Russell Byers Charter School.

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