NOT LISTED FOR SALE

Estimated Value: $479,000 - $599,982

2 Beds
2 Baths
2,280 Sq Ft
$487/mo HOA Fee

Last Sold May 25, 2021

Last sale price $427,000 $187 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,806/month

Highlights

  • Penthouse
  • Great Room
  • Laundry Room
  • Gated Community
  • Intercom
  • 4-minute walk to Norris Square Park

About This Home

As of May 2021

Be a part of East Kensington's unique community at Milk Depot Lofts. Centered around a lush courtyard and framed by custom fabricated steel staircases and balconies, Milk Depot is an adaptive reuse of the Harbison Dairy and a labor of love by Philadelphia's own COVER LLC design/build firm. The industrial character of the building is central to its design: open floor plans, exposed brick walls and duct work, soaring ceilings, wood trusses, and large windows with abundant natural light. This bi-level unit with courtyard and Center City views has interior and exterior stairs to access the unit to Amber and Dreer Streets, respectively. There are no walled off bedrooms so you have the choice (and space) to create bedrooms or leave it open to enjoy the visual of this architecturally noteworthy space. High efficiency mechanicals, insulated windows/doors, 1-2 more years on the Tax Abatement and low condo fees make this an affordable home. Central air, in-unit washer/dryer, huge walk-in closet, intercom to let in your guests in from your phone, basement storage and a 5-minute walk to the Berks Station El stop and many area favorites round out this unique and coveted loft space in East Kensington.

Last Agent to Sell the Property

Stacy Sanseverino

(215) 431-5431 stacysanseverino@gmail.com KW Empower License #RS281613 Listed on: 04/02/2021

KW Empower

Last Buyer's Agent

Michael Garden

(215) 500-2981 mg@michaelgarden.com Compass RE License #RS293814

Compass RE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,225

Year Built

  • Built in 1910 | Remodeled in 2012

Lot Details

  • 1 Common Wall
  • Property is in excellent condition

HOA Fees

  • $487 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Penthouse
  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Pitched Roof

Interior Spaces

  • 2,280 Sq Ft Home
  • Property has 2 Levels
  • Great Room
  • Basement Fills Entire Space Under The House
  • Intercom
  • Laundry Room

Bedrooms and Bathrooms

Utilities

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

Listing and Financial Details

  • Tax Lot 202
  • Assessor Parcel Number 888310236

Community Details

Overview

  • $974 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, reserve funds, snow removal
  • Low-Rise Condominium
  • Milk Depot Condominium Condos
  • Built by Cover LLC
  • Milk Depot Community
  • East Kensington Subdivision

Amenities

  • Picnic Area
  • Common Area

Pet Policy

  • Limit on the number of pets

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,225

Year Built

Built in 1910 | Remodeled in 2012

Lot Details

0

HOA Fees

$487 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Loft
  • Ownership: Condominium
  • Inclusions: Refrigerator, washer, dryer
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1910
  • Year Renovated: 2012
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 2
  • Interior Amenities: Intercom
  • Common Walls: 1 Common Wall
  • Levels Count: 2
  • Room List: Kitchen, Great Room, Laundry
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2280
  • Living Area Sq Ft: 2280
  • Price Per Sq Ft: 186.40
  • Above Grade Finished Sq Ft: 2280
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Pitched
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

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: 487.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Milk Depot Condominium
  • HOA Condo Co-Op Amenities: Common Grounds, Gated Community, Picnic Area
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Reserve Funds, Snow Removal
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 974.00

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Excellent
  • Zoning: IRMX

Building Info

  • Builder Name: Cover LLC

Rental Info

  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 672.00
  • Tax Annual Amount: 1225.00
  • Assessor Parcel Number: 888310236
  • Tax Lot: 202
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2021
Closed on
May 10, 2021
Sold by
Bellafante Mark and Bellafante Nancy
Bought by
Stolarski Jacob and Lundberg Katherine Grace
Seller's Agent
Stacy Sanseverino
KW Empower
Buyer's Agent
Michael Garden
Compass RE
List Price
$425,000
Sold Price
$427,000
Premium/Discount to List
$2,000
0.47%
Current Estimated Value
$537,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,246
Avg. Annual Appreciation
5.32%
Original Mortgage
$341,600
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 22, 2012
Closed on
Dec 14, 2012
Sold by
Cover Llc
Bought by
Bellafante Francesco
Seller's Agent
Stacy Sanseverino
KW Empower
Buyer's Agent
Christopher DeCaro
BHHS Fox & Roach-Chestnut Hill
List Price
$359,900
Sold Price
$283,505
Premium/Discount to List
-$76,395
-21.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.97%
Original Mortgage
$278,369
Interest Rate
3.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Stolarski Jacob $427,000 Community First Abstract
Bellafante Francesco $283,505 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stolarski Jacob $341,600
Previous Owner Bellafante Francesco $278,369
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/25/2021 05/25/21 Sold $427,000 +0.5% $187 / Sq Ft
04/15/2021 04/15/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $425,000 +49.9% $186 / Sq Ft
12/14/2012 12/14/12 Sold $283,505 -2.2% $124 / Sq Ft View Prior Sale
11/16/2012 11/16/12 Pending -- -- --
09/30/2012 09/30/12 Price Changed $289,900 -19.4% $127 / Sq Ft
08/22/2012 08/22/12 For Sale $359,900 -- $158 / 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 $5,917 $597,300 $95,500 $501,800
2025 $5,917 $597,300 $95,500 $501,800
2024 $5,917 $597,300 $95,500 $501,800
2023 $5,917 $422,700 $67,600 $355,100
2022 $5,636 $422,700 $67,600 $355,100
2021 $1,225 $0 $0 $0
2020 $1,225 $402,600 $64,400 $338,200
2019 $1,178 $0 $0 $0
2018 $982 $0 $0 $0
2017 $982 $0 $0 $0
2016 $768 $0 $0 $0
2015 $735 $0 $0 $0
2014 -- $339,700 $33,970 $305,730
2012 -- $43,776 $5,482 $38,294
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH1002618

Bright MLS

APN: 888310236