NOT LISTED FOR SALE

Estimated Value: $2,690,000 - $3,991,000

5 Beds
7 Baths
4,898 Sq Ft
$663/Sq Ft Est. Value

Last Sold May 12, 2021

Last sale price $2,799,000 $571 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $18,698/month

287 Days on Market

Highlights

  • New Construction
  • 2 Car Attached Garage
  • 5-minute walk to Fitler Square Park
  • Traditional Architecture
  • Forced Air Heating and Cooling System

About This Home

As of May 2021

Enjoy luxury amenities at Moderna at Rittenhouse. Eight Revolutionary new homes designed by Shimi Zaken of Atrium design group. Each home will have a Tax Abatement, 2-car garage, Elevator, and approximately 4,898 square feet of living space and amazing luxuries throughout. Each home has a roof deck with skyline view and can have a plunge pool and outdoor kitchen. Moderna homes come equipped with Control-4 smart home systems included, 3-outdoor decks, chefs kitchen with Wolf/Sub-zero appliances package, quartz counters with 2cm eased edges, and custom cabinetry with soft close hinges. Moderna homes have a finished lower level with media room, wet bar and beverage center, custom closets throughout, multi zoned energy efficient HVAC system, and much much more. Located on one of the most desirable blocks in the neighborhood, convenient to the Lombard Swim club, Rittenhouse Square Park, and every wonderful amenity that makes Rittenhouse the most sought after neighborhood in Center City. New Construction town homes do not become available often in Rittenhouse! Moderna is located within the Albert M Greenfield School catchment. Some additional features include: 5 full bathrooms with custom tile work, frame-less glass showers, modern vanities with quartz counters, 2 half baths, Full size laundry room with whirlpool washer and dryer included and stainless steel laundry sink, wood clad windows throughout, solid core interior doors, interior metal railing system, upgraded extra thick drywall, upgraded energy efficient hot water heater, alarm system, sprinkler system, designer lighting and plumbing fixtures and a world class design. Estimated Square footage total includes above grade space and below grade space and is estimated.

Last Agent to Sell the Property

Michael McCann

KW Empower License #AB049770L Listed on: 12/06/2019

KW Empower

Co-Listed By

Jim Onesti

KW Empower

Last Buyer's Agent

LeeAnn Chen

Compass RE

Compass RE

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,757

Year Built

  • Built in 2019 | New Construction

HOA Fees

  • $120 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 4,898 Sq Ft Home
  • Property has 3 Levels
  • Finished Basement

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms

Utilities

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

Community Details

  • Moderna At Rittenhouse HOA
  • Rittenhouse Square Subdivision

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,757

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$120 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main
  • Year Built: 2019
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Has Laundry
  • Total Sq Ft: 4898
  • Living Area Sq Ft: 4898
  • Price Per Sq Ft: 571.64
  • Above Grade Finished Sq Ft: 4898
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2041

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 7
  • Full Bathrooms: 4
  • Half Bathrooms: 3
  • Main Level Bathrooms: 7.00
  • Main Level Full Bathrooms: 4
  • Main Level Half Bathrooms: 3

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Covered Parking
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • 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

  • HOA Fees: 120.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Name: MODERNA AT RITTENHOUSE
  • HOA: Yes
  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Units: Square Feet
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1.00
  • Assessor Parcel Number: NO TAX RECORD
  • Tax Year: 2019
  • Close Date: 05/12/2021

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2019
Closed on
May 5, 2021
Sold by
2031 Lombard Partners Llc
Bought by
Chen Kai and Yang Mu
Seller's Agent
Michael McCann
KW Empower
Buyer's Agent
LeeAnn Chen
Compass RE
List Price
$2,799,900
Sold Price
$2,799,000
Premium/Discount to List
-$900
-0.03%
Current Estimated Value
$3,245,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$446,139
Avg. Annual Appreciation
3.31%
Original Mortgage
$2,042,950
Interest Rate
2.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Chen Kai $2,799,000 Commonground Abstract Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen Kai $2,042,950
Previous Owner 2031 Lombard Partners Llc $12,900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2021 05/12/21 Sold $2,799,000 0.0% $571 / Sq Ft
09/18/2020 09/18/20 Pending -- -- --
12/06/2019 12/06/19 For Sale $2,799,900 -- $572 / 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 $10,757 $2,730,000 $546,000 $2,184,000
2024 $10,757 $2,730,000 $546,000 $2,184,000
2023 $10,757 $2,650,000 $768,500 $1,881,500
2022 $10,757 $768,500 $768,500 $0
2021 $5,518 $0 $0 $0
2020 $0 $394,200 $394,200 $0
2019 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH854644

Bright MLS

APN: 081136612