NOT LISTED FOR SALE

224 W Rittenhouse Square Unit 1514 Philadelphia, PA 19103

Rittenhouse Square Neighborhood

Estimated Value: $305,000 - $373,081

1 Bed
1 Bath
740 Sq Ft
$652/mo HOA Fee

Last Sold June 16, 2022

Last sale price $300,000 $405 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,873/month

250 Days on Market

Highlights

  • Community Pool
  • En-Suite Primary Bedroom
  • Family Room
  • Living Room
  • Central Heating and Cooling System
  • 2-minute walk to Rittenhouse Square

About This Home

As of June 2022

Enjoy sensational sunsets from the private balcony of this 1 bedroom, 1 bath at the Dorchester. This rare find on Rittenhouse Square is flooded with incredible light and offers unobstructed western views. Enter this bright residence and find a well- appointed kitchen with stainless steel appliances, granite countertops and a large cut out to the Living room area; great while entertaining. The huge walk- in entry closet offers a generous amount of storage. Relax in the sun -soaked living area overlooking the city and step onto the terrace for your morning coffee or evening cocktail. The view continues into the spacious bedroom that features double hanging closets. The updated bathroom offers a granite vanity with storage, subway tile, a new floor and linen closet. Other amenities include wood floors throughout and built-in bookshelves in the living room. The Dorchester offers a 24 hour doorman, seasonal rooftop pool and gym (additional fee). Valet garage parking subject to availability for only $305 per month. Walk outside and enjoy all of the beauty and conveniences that Rittenhouse Square has to offer! Non smoking building and no pets.

Last Agent to Sell the Property

Melissa Valenti

Compass RE Listed on: 08/27/2021

Compass RE

Last Buyer's Agent

Carla Brandoff

Compass RE License #rs358921

Compass RE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,599

Year Built

  • Built in 1970

Lot Details

  • 741

HOA Fees

  • $652 Monthly HOA Fees

Home Design

  • Masonry

Interior Spaces

  • 740 Sq Ft Home
  • Property has 1 Level
  • Family Room
  • Living Room

Bedrooms and Bathrooms

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

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 461
  • Assessor Parcel Number 888081207

Community Details

Overview

  • $1,304 Capital Contribution Fee
  • High-Rise Condominium
  • The Dorchester Community
  • Rittenhouse Square Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,599

Year Built

Built in 1970

Lot Details

0

HOA Fees

$652 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Ownership: Condominium
  • Exclusions: 2 TVs are excluded.
  • New Construction: No
  • Story List: Main
  • Year Built: 1970
  • Automatically Close On Close Date: Yes
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 15
  • Fireplace: No
  • Floors In Unit Count: 15
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Kitchen, Family Room
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 740
  • Living Area Sq Ft: 740
  • Price Per Sq Ft: 418.92
  • Above Grade Finished Sq Ft: 740
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 224

Beds/Baths

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

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 Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • 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: 652.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 1304.00

Schools

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

Lot Info

  • Land Use Code: 590
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2022
  • Zoning: RM4

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • School Tax: 2523.00
  • Tax Annual Amount: 4599.00
  • Assessor Parcel Number: 888081207
  • Tax Lot: 461
  • Tax Total Finished Sq Ft: 740
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 06/16/2022

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2021
Closed on
Jul 16, 2022
Sold by
Dorchester 1514 Llc
Bought by
Ray Abir and Letourneau Danielle
Seller's Agent
Melissa Valenti
Compass RE
Buyer's Agent
Carla Brandoff
Compass RE
List Price
$340,000
Sold Price
$300,000
Premium/Discount to List
-$40,000
-11.76%
Current Estimated Value
$335,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,270
Avg. Annual Appreciation
4.43%
Original Mortgage
$225,000
Outstanding Balance
$216,526
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$126,286

Purchase Details

Closed on
Jun 10, 2015
Sold by
Feldman Herbert B and Feldman Lauretta
Bought by
Dorchester 1514 Llc

Purchase Details

Closed on
Mar 29, 1991
Bought by
Feldman Herbert B and Feldman Lauretta
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
Ray Abir -- None Listed On Document
Dorchester 1514 Llc $325,000 None Available
Feldman Herbert B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ray Abir $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2022 06/16/22 Sold $300,000 -3.2% $405 / Sq Ft
05/04/2022 05/04/22 Pending -- -- --
02/23/2022 02/23/22 Price Changed $310,000 -2.5% $419 / Sq Ft
11/29/2021 11/29/21 Price Changed $318,000 -3.6% $430 / Sq Ft
10/21/2021 10/21/21 Price Changed $329,900 -3.0% $446 / Sq Ft
08/27/2021 08/27/21 For Sale $340,000 0.0% $459 / Sq Ft
11/15/2018 11/15/18 Rented $1,895 -4.1% --
09/30/2018 09/30/18 Under Contract -- -- --
09/05/2018 09/05/18 For Rent $1,975 -- --
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 $4,370 $312,200 $31,200 $281,000
2024 $4,370 $312,200 $31,200 $281,000
2023 $4,370 $312,200 $31,200 $281,000
2022 $4,600 $312,200 $31,200 $281,000
2021 $4,600 $0 $0 $0
2020 $4,600 $0 $0 $0
2019 $4,600 $0 $0 $0
2018 $4,465 $0 $0 $0
2017 $4,465 $0 $0 $0
2016 $4,059 $0 $0 $0
2015 $28,336 $0 $0 $0
2014 -- $290,000 $16,000 $274,000
2012 -- $31,552 $1,746 $29,806
Source: Public Records

Agents Affiliated with this Home

  • Melissa Valenti

    Seller's Agent in 2022

    Melissa Valenti

    Compass RE

    (215) 939-5823

    54 in this area

    164 Total Sales

    Melissa Valenti
    Section Image
  • Carla Brandoff

    Buyer's Agent in 2022

    Carla Brandoff

    Compass RE

    (917) 280-4242

    2 in this area

    34 Total Sales

    Carla Brandoff
    Section Image
  • Allan Domb

    Seller's Agent in 2018

    Allan Domb

    Allan Domb Real Estate

    (215) 545-1500

    181 in this area

    391 Total Sales

    Allan Domb
    Section Image

  • A

    Buyer's Agent in 2018

    Alessandra Mullin

    Allan Domb Real Estate

    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAPH2021856

Bright MLS

APN: 888081207

Pennsylvania Philadelphia County Philadelphia 19103 Rittenhouse Square

224 W Rittenhouse Square Unit 1514, Philadelphia, PA

This home is located at 224 W Rittenhouse Square Unit 1514, Philadelphia, PA 19103 since 27 August 2021 and is currently estimated at $335,270, approximately $453 per square foot. This property was built in 1970. 224 W Rittenhouse Square Unit 1514 is a home located in Philadelphia County with nearby schools including Albert M Greenfield School, Benjamin Franklin High School, and Russell Byers Charter School.

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