NOT LISTED FOR SALE

Estimated Value: $396,000 - $683,187

1 Bed
1 Bath
1,620 Sq Ft
$260/mo HOA Fee

Last Sold January 18, 2013

Last sale price $189,000 $117 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $3,818/month

Highlights

  • Remodeled in 2011
  • Wood Flooring
  • Balcony
  • 0.26 Acre Lot
  • Beamed Ceilings
  • 4-minute walk to Norris Square Park

About This Home

As of January 2013

Be a part of East Kensington's unique community: Milk Depot Lofts. Centered around a lush courtyard & framed by custom fabricated steel staircases & balconies, Milk Depot is an adaptive reuse of the Harbison Dairy & labor of love by Philadelphia's own COVER LLC design/build firm. 5-minute walk to Berks Station El stop, Leotah's Place Coffeehouse, Philadelphia's Brewing Co & Lost Bar. Milk Depot is in the heart of the E. Kensington renaissance. Industrial character is central to the building's design: open floor plans, exposed brick walls & duct work, soaring ceilings, wood trusses, & large windows w/abundant natural light. High efficiency mechanicals, insulated windows/doors, low taxes & condo fees make units affordable. C/A & W/D in every unit. Every unit D/W or D/W-ready. UNIT 101 specifics: corner unit w/ private entrance (w/ room for planter or chair) off Amber St. FHA APPROVED 3.5% DOWN-UP T0 3% ASSIST!

Last Agent to Sell the Property

Stacy Sanseverino

(215) 431-5431 stacysanseverino@gmail.com KW Empower License #RS281613 Listed on: 07/26/2012

KW Empower

Last Buyer's Agent

Jim Becker

(610) 420-5427 jim.becker@evrealestate.com Engel & Völkers License #RM424584

Engel & Völkers

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $571

Year Renovated

  • 2011

Lot Details

  • 0.26

HOA Fees

  • $260 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 1,620 Sq Ft Home
  • Beamed Ceilings
  • Ceiling height of 9 feet or more
  • Replacement Windows
  • Living Room
  • Wood Flooring
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Energy-Efficient Windows
  • Balcony

Listing and Financial Details

  • Tax Lot 175
  • Assessor Parcel Number 888310214

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, snow removal, trash, insurance
  • $520 Other One-Time Fees
  • 14 Units

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$571

Year Renovated

2011

Lot Details

0

HOA Fees

$260 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Ownership: Condominium
  • Inclusions: Refrigerator, Washer, Dryer
  • New Construction: Yes
  • Story List: Main
  • Year Renovated: 2011
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Appliances: Disposal
  • Flooring Type: Wood
  • Interior Amenities: Kitchen - Island, Exposed Beams, Kitchen - Eat-In
  • Window Features: Energy Efficient, Replacement
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Room List: Living Room, Master Bedroom, Kitchen
  • Basement: No
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1620
  • Living Area Sq Ft: 1620
  • Net Sq Ft: 1620.00
  • Price Per Sq Ft: 123.40
  • Above Grade Finished Sq Ft: 1620
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding, Brick
  • Access To Pool: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 260.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Snow Removal, Trash, Insurance
  • HOA: No

Fee Information

  • Other Fees: 520.00
  • Other Fees Frequency: One Time

Lot Info

  • Improvement Assessed Value: 24800.00
  • Land Assessed Value: 52000.00
  • Lot Size Acres: 0.26
  • Lot Dimensions: 110X104
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11408.00
  • Outdoor Living Structures: Balcony
  • Property Attached Yn: Yes
  • Zoning: G2

Rental Info

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

Tax Info

  • Assessor Parcel Number: 7425901
  • Tax Annual Amount: 571.00
  • Assessor Parcel Number: 888310214
  • Tax Lot: 175
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2012
Closed on
Jan 18, 2013
Sold by
Cover Llc
Bought by
Fitch Jeffrey Scott
Seller's Agent
Stacy Sanseverino
KW Empower
Buyer's Agent
Jim Becker
Engel & Völkers
List Price
$249,900
Sold Price
$189,000
Premium/Discount to List
-$60,900
-24.37%
Current Estimated Value
$539,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$350,396
Avg. Annual Appreciation
8.54%
Original Mortgage
$173,076
Outstanding Balance
$119,234
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$420,162
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
Fitch Jeffrey Scott $189,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fitch Jeffrey Scott $173,076
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2013 01/18/13 Sold $189,000 -5.5% $117 / Sq Ft
11/16/2012 11/16/12 Pending -- -- --
09/30/2012 09/30/12 Price Changed $199,900 -20.0% $123 / Sq Ft
07/26/2012 07/26/12 For Sale $249,900 -- $154 / 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
2026 $8,640 $450,000 $67,500 $382,500
2025 $8,640 $754,000 $397,400 $356,600
2024 $8,640 $754,000 $397,400 $356,600
2023 $8,640 $617,200 $359,700 $257,500
2022 $4,086 $617,200 $359,700 $257,500
2021 $4,086 $0 $0 $0
2020 $4,086 $0 $0 $0
2019 $3,929 $0 $0 $0
2018 $712 $0 $0 $0
2017 $712 $0 $0 $0
2016 $557 $0 $0 $0
2015 $533 $0 $0 $0
2014 -- $246,200 $24,620 $221,580
2012 -- $31,104 $3,900 $27,204
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003618809

Bright MLS

APN: 888310214