$1,650,000
SOLD AUG 4, 2017
2 Beds
2.5 Baths
2,468 Sq Ft
$1,742/mo HOA Fee

Recently Sold

$669 Per Sq Ft

6% Below List Price

64 Days on Market

Highlights

  • Commercial Range
  • 2-minute walk to 2Nd Street
  • Wood Flooring
  • Deck
  • Contemporary Architecture
  • 2-minute walk to I-95 Park

About This Home

As of August 2017

Vibrant City Living, Inside & Out! 22 South Front Street #701 Philadelphia. This expansive 2468 sq ft penthouse-level condo features sun-filled rooms with modern interiors, 2 bedrooms, 2.5 baths, and a massive 1400+ sf private roof deck rivaling the best views and best outdoor entertaining spaces in the city. Ideally located on Front Street at the crossroads of Old City and Society Hill, this glamorous home provides sunrise to sunset views of the Delaware River and the Center City skyline, perfect for modern living, intimate gatherings or large parties, and for exploring the many dynamic neighborhoods of downtown Philadelphia, all with the convenience of 2 deeded underground parking spaces. Upon entering the unit, you are greeted by an abundance of natural light streaming in through a stunning wall of windows in the open living/dining space, with 10' ceilings, tiger wood floors and a built-in audio/visual system. The dining area, with river views and magnificent city lights, is well-suited for parties of 10 or casual dining. The open chef's kitchen features top-of-the-line Viking stainless steel appliances, wine storage, and is accentuated by a red glass tile backsplash and a large eat-at center island with stone counter tops. A sitting area next to the kitchen and an adjoining terrace off the great room complete the space for unwinding on your own or mingling with family and friends. The oversized master bedroom suite is outfitted with your dream custom dressing room that is sure to be the envy of your friends, a sleek master bath with infinity Kohler waterfall tub, a double vanity, and an oversized glass shower with multiple heads. The master bedroom wing is ideally situated away from the entertaining space, making it both private and peaceful. The second bedroom is well-appointed with an en-suite bath and generous walk-in closet. Notable additions to this residence include radiant heated floors throughout, remote controlled window shades, and in-suite laundry. The building offers front desk staff, cyber-doorman, a manicured courtyard, and the steel and concrete construction provides wonderful sound-proof privacy.

Last Agent to Sell the Property

Mary Genovese Colvin

Compass RE Listed on: 04/06/2017

Compass RE

Co-Listed By

Margaux Genovese Pelegrin

Compass RE

Last Buyer's Agent

Asher Kahn

Elfant Wissahickon-Mt Airy License #RM423531

Elfant Wissahickon-Mt Airy

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,737

Year Built

  • Built in 2007

HOA Fees

  • $1,742 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,468 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Living Room
  • Dining Room
  • Wood Flooring
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Double Self-Cleaning Oven
  • Commercial Range
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Whirlpool Bathtub

Home Security

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Central Air
  • Radiant Heating System
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows
  • Property is in good condition

Listing and Financial Details

  • Tax Lot 208
  • Assessor Parcel Number 888031494

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, snow removal, trash, heat, water, sewer, cook fee, parking fee, insurance, all ground fee, management, alarm system
  • $3,484 Other One-Time Fees
  • Old City Subdivision

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,737

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,742 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Exclusions: W/D, Audio Visual, All Window Coverings, Storage Cabinets In Prkg Area
  • New Construction: No
  • Year Built: 2007
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Cooktop, Built-In Range, Oven - Double, Oven - Self Cleaning, Commercial Range, Dishwasher, Refrigerator, Disposal, Built-In Microwave
  • Flooring Type: Wood
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Whirlpool/Hottub, Sprinkler System, Elevator, Kitchen - Eat-In
  • Window Features: Energy Efficient
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Living Room
  • Foundation Details: Concrete Perimeter
  • Floors In Unit Count: 7
  • Room Count: 9
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2468
  • Living Area Sq Ft: 2468
  • Net Sq Ft: 2468.00
  • Price Per Sq Ft: 678.69
  • Above Grade Finished Sq Ft: 2468
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 22

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Access To Pool: 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
  • Open Parking Spaces Count: 2
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Type: Radiant
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1742.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Snow Removal, Trash, Heat, Water, Sewer, Cook Fee, Parking Fee, Insurance, All Ground Fee, Management, Alarm System
  • HOA: No
  • Senior Community: No

Fee Information

  • Other Fees: 3484.00
  • Other Fees Frequency: One Time

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Land Use Code: 590
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Deck(s), Balcony
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: CMX3

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1737.00
  • Assessor Parcel Number: 888031494
  • Tax Lot: 208
  • Tax Year: 2017
  • Close Date: 08/04/2017

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2017
Closed on
Jul 21, 2017
Sold by
Rutledge Mark Joseph and Rutledge Tammy
Bought by
Kulp Eli
Seller's Agent
Mary Genovese Colvin
Compass RE
Buyer's Agent
Asher Kahn
Elfant Wissahickon-Mt Airy
List Price
$1,750,000
Sold Price
$1,650,000
Premium/Discount to List
-$100,000
-5.71%
Total Days on Market
64
Current Estimated Value
$1,316,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$333,495
Avg. Annual Appreciation
-2.57%

Purchase Details

Closed on
Jun 10, 2013
Sold by
Rutledge Mark Joseph and Rutledge Tammy
Bought by
Rutledge Mark Joseph and Rutledge Tammy

Purchase Details

Listed on
May 26, 2012
Closed on
Oct 23, 2012
Sold by
Bardonaro Frank
Bought by
Rutledge Mark Joseph and Rutledge Tammy
Seller's Agent
Maryellen Cammisa
Elfant Wissahickon-Rittenhouse Square
Buyer's Agent
Eric Kwasnjuk
BHHS Fox & Roach At the Harper, Rittenhouse Square
List Price
$1,200,000
Sold Price
$1,000,000
Premium/Discount to List
-$200,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.40%

Purchase Details

Closed on
Feb 29, 2008
Sold by
22 South Front Street Lp
Bought by
Bardonaro Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,650,000 Northwest Abstract Co Inc
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer $1,000,000 None Available
Deed $1,613,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,650,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2017 08/04/17 Sold $1,650,000 -1.5% $669 / Sq Ft
06/09/2017 06/09/17 Pending -- -- --
05/24/2017 05/24/17 Price Changed $1,675,000 -4.3% $679 / Sq Ft
04/06/2017 04/06/17 For Sale $1,750,000 +75.0% $709 / Sq Ft
11/15/2012 11/15/12 Sold $1,000,000 -9.1% $405 / Sq Ft
10/13/2012 10/13/12 Pending -- -- --
09/10/2012 09/10/12 Price Changed $1,100,000 +10.0% $446 / Sq Ft
08/26/2012 08/26/12 Price Changed $1,000,000 -9.1% $405 / Sq Ft
08/05/2012 08/05/12 Price Changed $1,100,000 -8.3% $446 / Sq Ft
05/26/2012 05/26/12 For Sale $1,200,000 -- $486 / 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 $21,414 $1,529,800 $214,200 $1,315,600
2024 $21,414 $1,529,800 $214,200 $1,315,600
2023 $21,414 $1,529,800 $214,200 $1,315,600
2022 $21,414 $1,529,800 $214,200 $1,315,600
2021 $20,297 $0 $0 $0
2020 $20,297 $0 $0 $0
2019 $20,297 $0 $0 $0
2018 $8,848 $0 $0 $0
2017 $1,737 $0 $0 $0
2016 $1,240 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $886,100 $88,610 $797,490
2012 -- $59,232 $22,304 $36,928
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003243431

Bright MLS

APN: 888031494