NOT LISTED FOR SALE

Estimated Value: $1,181,000 - $1,450,000

2 Beds
2 Baths
2,080 Sq Ft
$1,772/mo HOA Fee

Last Sold October 30, 2022

Last sale price $1,310,000 $630 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $9,938/month

Highlights

  • Fitness Center
  • 4-minute walk to 15Th-16Th & Locust St
  • Dogs and Cats Allowed
  • Community Pool
  • Central Air
  • 1-minute walk to Rittenhouse Square

About This Home

As of October 2022

Welcome home to this stunning two bedroom plus home office, two bathroom located in Parc Rittenhouse atop Rittenhouse Square. This residence recently underwent a complete renovation including a brand new kitchen, new bathrooms, customized closets and enhanced lighting. The craftsmanship and finishes of this condominium are unmatched and this is a one-of-a-kind floorplan for the building. Enter into a gallery foyer, perfect for displaying artwork. The foyer opens into a great room with chef's eat-in kitchen and large seating area or dining room. The kitchen has a breakfast bar, banquette seating, tile flooring, marble counters, modern cabinetry, and high-end stainless steel appliances including a Sub-Zero French door refrigerator, Bosch dishwasher and oven, Sharp microwave, and Miele built-in coffee maker. At the other end of the foyer is the living room complete with an electric fireplace, built-in bar with Marvel wine refrigerator and a balcony overlooking the building's landscaped courtyard. The spacious primary suite is outfitted with three custom Closet Works closets, a lavish ensuite bathroom with large vanity and seamless glass enclosed shower, and a second balcony with courtyard views. The second bedroom is also generously sized and has excellent custom closet space. There is a nearby full hall bathroom with a walk-in shower and beautiful millwork. Also in this wing is a home office that could also be used as a den or a nursery. There is a laundry room with a side-by-side Whirlpool Duet washer and dryer. Renovations are estimated at $300,000. One parking license in the building’s garage is available for an additional $90,000 plus a $231/mo. fee.

Residents of Parc Rittenhouse enjoy world class amenities and services including a 24 hour doorman; an amenities suite with a state-of-the-art fitness center and resident lounge with pantry; media room; outdoor rooftop pool club with a large pool deck, full size pool, kids pool and hot tub; garage parking below the building for an additional fee; and three amazing restaurants on the ground floor, Stephen Starr’s Parc, Devon Seafood and Via Locusta. Location is everything: Rittenhouse Square is ranked the 6th best neighborhood in North America by Places Rated Almanac. There are 175 restaurants and 199 retailers within a three block radius. Within close walking distance to the Market Street office corridor, The Avenue of the Arts and University City. 30th Street Station and Philadelphia International Airport are only minutes away.

Last Agent to Sell the Property

Allan Domb

(215) 545-1500 domb@allandomb.com Allan Domb Real Estate License #RB043135A Listed on: 06/27/2022

Last Buyer's Agent

Jennifer Grosskopf

(215) 498-4010 jengrosskopf@gmail.com KW Empower License #RS299355

KW Empower

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,116

Year Built

  • Built in 1900

HOA Fees

  • $1,772 Monthly HOA Fees

Home Design

  • Entry on the 5th floor
  • Masonry

Interior Spaces

  • 2,080 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 522
  • Assessor Parcel Number 888092610

Community Details

Overview

  • Association fees include pool(s), common area maintenance, exterior building maintenance
  • High-Rise Condominium
  • Rittenhouse Square Subdivision

Recreation

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,116

Year Built

Built in 1900

Lot Details

0

HOA Fees

$1,772 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome home to this stunning two bedroom plus home office, two bathroom located in Parc Rittenhouse atop Rittenhouse Square. This residence recently underwent a complete renovation including a brand new kitchen, new bathrooms, customized closets and enhanced lighting. The craftsmanship and finishes of this condominium are unmatched and this is a one-of-a-kind floorplan for the building. Enter into a gallery foyer, perfect for displaying artwork. The foyer opens into a great room with chef's eat-in kitchen and large seating area or dining room. The kitchen has a breakfast bar, banquette seating, tile flooring, marble counters, modern cabinetry, and high-end stainless steel appliances including a Sub-Zero French door refrigerator, Bosch dishwasher and oven, Sharp microwave, and Miele built-in coffee maker. At the other end of the foyer is the living room complete with an electric fireplace, built-in bar with Marvel wine refrigerator and a balcony overlooking the building's landscaped courtyard. The spacious primary suite is outfitted with three custom Closet Works closets, a lavish ensuite bathroom with large vanity and seamless glass enclosed shower, and a second balcony with courtyard views. The second bedroom is also generously sized and has excellent custom closet space. There is a nearby full hall bathroom with a walk-in shower and beautiful millwork. Also in this wing is a home office that could also be used as a den or a nursery. There is a laundry room with a side-by-side Whirlpool Duet washer and dryer. Renovations are estimated at $300,000. One parking license in the building’s garage is available for an additional $90,000 plus a $231/mo. fee. Residents of Parc Rittenhouse enjoy world class amenities and services including a 24 hour doorman; an amenities suite with a state-of-the-art fitness center and resident lounge with pantry; media room; outdoor rooftop pool club with a large pool deck, full size pool, kids pool and hot tub; garage parking below the building for an additional fee; and three amazing restaurants on the ground floor, Stephen Starr’s Parc, Devon Seafood and Via Locusta. Location is everything: Rittenhouse Square is ranked the 6th best neighborhood in North America by Places Rated Almanac. There are 175 restaurants and 199 retailers within a three block radius. Within close walking distance to the Market Street office corridor, The Avenue of the Arts and University City. 30th Street Station and Philadelphia International Airport are only minutes away.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 5
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Has Laundry, Washer In Unit, Main Floor
  • Total Sq Ft: 2080
  • Living Area Sq Ft: 2080
  • Price Per Sq Ft: 622.60
  • Above Grade Finished Sq Ft: 2080
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 219

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • 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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1772.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Fitness Center
  • HOA Condo Co-Op Fee Includes: Pool(s), Common Area Maintenance, Ext Bldg Maint
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 907650.00
  • Land Assessed Value: 100850.00
  • Land Use Code: 590
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2022
  • Zoning: RMX3

Rental Info

  • Pets: Dogs Ok, Cats Ok, Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5174345
  • School Tax: 7746.00
  • Tax Annual Amount: 14116.00
  • Assessor Parcel Number: 888092610
  • Tax Lot: 522
  • Tax Total Finished Sq Ft: 2080
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 10/30/2022

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2022
Closed on
Oct 25, 2022
Sold by
Galerman Alan F
Bought by
Valshtein Irene Simone and Timko James John
Seller's Agent
Allan Domb
Allan Domb Real Estate
Buyer's Agent
Jennifer Grosskopf
KW Empower
List Price
$1,295,000
Sold Price
$1,310,000
Premium/Discount to List
$15,000
1.16%
Views
3
Current Estimated Value
$1,289,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,168
Avg. Annual Appreciation
-0.25%
Original Mortgage
$647,200
Outstanding Balance
$629,539
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$671,055

Purchase Details

Closed on
May 5, 2015
Sold by
Butler Jay and Butler Donna
Bought by
Galerman Alan F and Galerman Liora M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 28, 2008
Sold by
Rittenhouse Regency Affiliates
Bought by
Butler Jay and Butler Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage
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
Valshtein Irene Simone $1,310,000 City Abstract
Galerman Alan F $1,100,000 None Available
Butler Jay $925,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valshtein Irene Simone $647,200
Previous Owner Galerman Alan F $880,000
Previous Owner Butler Jay $0
Previous Owner Butler Jay $346,000
Previous Owner Butler Jay $342,235
Previous Owner Butler Jay $354,000
Previous Owner Butler Jay $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2022 10/31/22 Price Changed $1,295,000 0.0% $623 / Sq Ft
10/31/2022 10/31/22 For Sale $1,295,000 -1.1% $623 / Sq Ft
10/30/2022 10/30/22 Sold $1,310,000 +1.2% $630 / Sq Ft
10/17/2022 10/17/22 Price Changed $1,295,000 0.0% $623 / Sq Ft
10/17/2022 10/17/22 For Sale $1,295,000 0.0% $623 / Sq Ft
07/11/2022 07/11/22 Pending -- -- --
06/27/2022 06/27/22 For Sale $1,295,000 -- $623 / 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 $15,529 $1,220,300 $121,900 $1,098,400
2024 $15,529 $1,220,300 $121,900 $1,098,400
2023 $15,529 $1,109,400 $110,900 $998,500
2022 $14,117 $1,109,400 $110,900 $998,500
2021 $14,117 $0 $0 $0
2020 $14,117 $0 $0 $0
2019 $14,117 $0 $0 $0
2018 $6,268 $0 $0 $0
2017 $6,268 $0 $0 $0
2016 $5,687 $0 $0 $0
2015 $5,444 $0 $0 $0
2014 -- $764,000 $74,900 $689,100
2012 -- $83,616 $16,736 $66,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2132824

Bright MLS

APN: 888092610