NOT LISTED FOR SALE

224 W Rittenhouse Square Unit 2801 Philadelphia, PA 19103

Rittenhouse Square Neighborhood

Estimated Value: $455,000 - $560,944

2 Beds
2 Baths
1,119 Sq Ft
$933/mo HOA Fee

Last Sold March 16, 2023

Last sale price $590,000 $527 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $4,120/month

229 Days on Market

Highlights

  • Fitness Center
  • Central Air
  • High-Rise Condominium
  • Community Pool
  • Heating Available
  • 2-minute walk to Rittenhouse Square

About This Home

As of March 2023

Updated two bedroom, two bath on a high floor with Center City skyline views! Magnificently renovated two bedroom, two bath home on a high floor of the coveted Dorchester on Rittenhouse Square. The residence boasts panoramic views spanning from the Art Museum to the Center City skyline and has been completely renovated from top to bottom. The updated open kitchen boasts cherry wood cabinets, stainless steel appliances, granite countertops, and a glass tile backsplash. The large private balcony, accessible from the living/dining room, provides skyline views. The primary bedroom offers a customized built in closet and ensuite bathroom with a large soaking tub and rainfall shower head. The second bedroom opens up to the living room and has custom built-ins and boasts amazing views of the city skyline. The Dorchester is located directly on Rittenhouse Square, ranked the 6th best neighborhood in North America. Condo fees include a twenty-four hour doorman, use of the state-of-the-art fitness center, common area and on-site maintenance, water and sewer fees, and all utilities including basic cable. There is an additional fee for use of the seasonal rooftop pool and the underground garage (subject to availability).

Last Agent to Sell the Property

Allan Domb

(215) 545-1500 domb@allandomb.com Allan Domb Real Estate License #RB043135A Listed on: 06/17/2022

Last Buyer's Agent

Arielle Roemer

(610) 220-0207 arielle.roemer@foxroach.com BHHS Fox & Roach At the Harper, Rittenhouse Square License #RS344814

BHHS Fox & Roach At the Harper, Rittenhouse Square

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,873

Year Built

  • Built in 1970

Lot Details

  • 1,133

HOA Fees

  • $933 Monthly HOA Fees

Home Design

  • Entry on the 28th floor
  • Masonry

Interior Spaces

  • 1,119 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 692
  • Assessor Parcel Number 888081438

Community Details

Overview

  • $1,866 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, management
  • High-Rise Condominium
  • Rittenhouse Square Subdivision

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,873

Year Built

Built in 1970

Lot Details

0

HOA Fees

$933 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: 1970
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 28
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Has Laundry, Washer In Unit
  • Total Sq Ft: 1119
  • Living Area Sq Ft: 1119
  • Price Per Sq Ft: 536.10
  • Above Grade Finished Sq Ft: 1119
  • Above Grade Finished Area Units: Square Feet

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: 933.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Fitness Center
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 1866.00

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 377600.00
  • Land Assessed Value: 42000.00
  • Lot Dimensions: 0.00 x 0.00
  • Zoning: RM4

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1427863
  • School Tax: 3222.00
  • Tax Annual Amount: 5873.00
  • Assessor Parcel Number: 888081438
  • Tax Lot: 692
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Mar 16, 2023
Sold by
Roberts Timothy
Bought by
Mcmahon-Wise Beth and Tyler Brooke
Seller's Agent
Allan Domb
Allan Domb Real Estate
Buyer's Agent
Arielle Roemer
BHHS Fox & Roach At the Harper, Rittenhouse Square
List Price
$729,900
Sold Price
$590,000
Premium/Discount to List
-$139,900
-19.17%
Views
6
Current Estimated Value
$515,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$74,764
Avg. Annual Appreciation
-5.00%
Original Mortgage
$442,500
Outstanding Balance
$428,004
Interest Rate
6.09%
Mortgage Type
Construction
Estimated Equity
$87,232

Purchase Details

Closed on
Jul 7, 2006
Sold by
Kohler Edward
Bought by
Roberts Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,000
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 2002
Sold by
Zukoski Catherine and Will Of Richard A Ash
Bought by
Kohler Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,700
Interest Rate
5.5%
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
Mcmahon-Wise Beth $590,000 --
Roberts Timothy $720,000 None Available
Kohler Edward $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmahon-Wise Beth $442,500
Previous Owner Roberts Timothy $576,000
Previous Owner Kohler Edward $269,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2023 03/16/23 Sold $590,000 -1.7% $527 / Sq Ft
02/01/2023 02/01/23 Pending -- -- --
12/25/2022 12/25/22 Price Changed $599,900 -17.8% $536 / Sq Ft
06/17/2022 06/17/22 For Sale $729,900 0.0% $652 / Sq Ft
05/01/2018 05/01/18 Rented $2,995 +0.3% --
04/16/2018 04/16/18 Under Contract -- -- --
01/10/2018 01/10/18 For Rent $2,985 -- --
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 $5,874 $461,500 $46,200 $415,300
2025 $5,874 $461,500 $46,200 $415,300
2024 $5,874 $461,500 $46,200 $415,300
2023 $5,874 $419,600 $42,000 $377,600
2022 $5,244 $374,600 $42,000 $332,600
2021 $5,874 $0 $0 $0
2020 $5,874 $0 $0 $0
2019 $5,874 $0 $0 $0
2018 $5,759 $0 $0 $0
2017 $5,759 $0 $0 $0
2016 $4,815 $0 $0 $0
2015 $4,610 $0 $0 $0
2014 -- $374,000 $24,200 $349,800
2012 -- $40,704 $2,188 $38,516
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2129544

Bright MLS

APN: 888081438