NOT LISTED FOR SALE

Estimated Value: $2,818,000 - $3,787,000

5 Beds
7 Baths
4,898 Sq Ft
$653/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $2,925,000 $597 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $18,481/month

4 Days on Market

Highlights

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

About This Home

As of June 2021

This May be your last opportunity to buy a new home in Rittenhouse with a FULL 10 year Tax Abatement. At the end of this year, the full 10 year Tax Abatement is going away and is being replaced with a watered down version of the tax abatement. $3,000,000 is the base price without upgrades for 2031 Lombard. Enjoy luxury amenities at Moderna at Rittenhouse. 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: 4 full bathrooms with custom tile work, frame-less glass showers, modern vanities with quartz counters, 3 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. All square footage numbers are approximate and include above and below grade square footage. Square footage should be verified by the buyer. It is the responsibility of the buyer to verify real estate taxes.

Last Agent to Sell the Property

Michael McCann

KW Empower License #AB049770L Listed on: 02/14/2020

KW Empower

Co-Listed By

Jim Onesti

KW Empower

Last Buyer's Agent

Michael McCann

KW Empower License #AB049770L Listed on: 02/14/2020

KW Empower

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,163

Year Built

  • Built in 2019 | New Construction

HOA Fees

  • $120 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Straight Thru Architecture
  • Masonry

Interior Spaces

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

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Moderna HOA
  • Rittenhouse Square Subdivision

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,163

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: Straight Thru
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main, Upper 1
  • 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: 612.49
  • Above Grade Finished Sq Ft: 4898
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2045

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry
  • 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
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • 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
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: 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: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: NO TAX RECORD
  • Tax Year: 2020
  • Close Date: 06/30/2021

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2020
Closed on
Jul 30, 2021
Sold by
2031 Lombard Partners Llc
Bought by
Brown Andrew and Brown Susanna
Seller's Agent
Michael McCann
KW Empower
Buyer's Agent
Michael McCann
KW Empower
List Price
$3,000,000
Sold Price
$2,925,000
Premium/Discount to List
-$75,000
-2.5%
Current Estimated Value
$3,199,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,034
Avg. Annual Appreciation
1.14%
Original Mortgage
$2,047,500
Interest Rate
3.14%
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
Brown Andrew $2,925,000 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Andrew $2,047,500
Previous Owner 2031 Lombard Partners Llc $12,900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $2,925,000 -2.5% $597 / Sq Ft
02/18/2020 02/18/20 Pending -- -- --
02/14/2020 02/14/20 For Sale $3,000,000 -- $612 / 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 $11,163 $2,940,000 $588,000 $2,352,000
2024 $11,163 $2,940,000 $588,000 $2,352,000
2023 $11,163 $2,750,000 $797,500 $1,952,500
2022 $11,163 $797,500 $797,500 $0
2021 $6,077 $0 $0 $0
2020 $0 $0 $0 $0
2019 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH872134

Bright MLS

APN: 081136616