NOT LISTED FOR SALE

Estimated Value: $1,088,000 - $1,165,815

3 Beds
2.5 Baths
2,600 Sq Ft
$450/mo HOA Fee

Last Sold August 27, 2015

Last sale price $945,000 $363 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $7,495/month

Highlights

  • Traditional Architecture
  • 2-minute walk to 2Nd Street
  • Mobility Improvements
  • Wood Flooring
  • Living Room
  • En-Suite Primary Bedroom

About This Home

As of August 2015

Enjoy city living in the heart of Old City! This historic building, located at 233 Chestnut St, recently underwent a complete restoration of the existing 4 story structure which included about 12K plus square feet of space originally found vacant and unattended for years. In addition to the renovation of the existing space, a bilevel penthouse approximately 2,600 sq.ft. of interior space was constructed creating the 5th and 6th floor Unit which includes setbacks with terraces on both levels. During this re development, all the floors were removed and rebuilt to eliminate the 22" slope from back to front (that were in place when this was used as a paper mill). The facade and storefront were fully restored and brought back to historic spec's and the interiors completely refurbished down to the brick. A new elevator was added, and as the penthouse was constructed new, so is the TPO roofing. Floors 2 through 4 have one residence each while the 5th & 6th floors are one bilevel penthouse unit.Some finishes throughout include LED lighting, Scavolini kitchens with SubZero and Wolf appliances, Grohe and Kohler fixtures, Ann Sacks, Akdo & Waterworks tile, dark walnut, marble and quartz stone counters. Additional store room included. All spaces designed by Urban Space Development Inc. and complete construction completed Delivery this coming August 2013.

Last Agent to Sell the Property

Bruno Pouget

(215) 990-9525 bruno.pouget@foxroach.com Coldwell Banker Realty Listed on: 05/20/2015

Coldwell Banker Realty

Last Buyer's Agent

Bruno Pouget

(215) 990-9525 bruno.pouget@foxroach.com Coldwell Banker Realty Listed on: 05/20/2015

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1900

Lot Details

  • 2,614

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation

Interior Spaces

  • 2,600 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Built-In Oven
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Natural Gas Water Heater

Additional Features

  • Mobility Improvements
  • Energy-Efficient Appliances
  • East Facing Home

Community Details

  • Association fees include common area maintenance, snow removal, trash, insurance, management
  • $1,000 Other One-Time Fees
  • Old City Subdivision

Listing and Financial Details

  • Tax Lot 156
  • Assessor Parcel Number 871298750

Property Details

Home Type

Condominium

Year Built

Built in 1900

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Traditional, Loft With Bedrooms
  • Accessibility Features: Mobility Improvements
  • Ownership: Condominium
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Oven - Wall, Energy Efficient Appliances
  • Flooring Type: Wood
  • Interior Amenities: Primary Bath(s), Dining Area
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Stone
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2600
  • Living Area Sq Ft: 2600
  • Net Sq Ft: 2600.00
  • Price Per Sq Ft: 365.38
  • Above Grade Finished Sq Ft: 2600
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Street Lights
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Electric, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 450.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Snow Removal, Trash, Insurance, Management
  • HOA: Yes

Fee Information

  • Other Fees: 1000.00
  • Other Fees Frequency: One Time

Lot Info

  • Improvement Assessed Value: 1588200.00
  • Land Assessed Value: 345300.00
  • Lot Size Acres: 0.06
  • Lot Dimensions: 21X130
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2762.00
  • Zoning: CMX3

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1414065
  • Tax Annual Amount: 25909.00
  • Assessor Parcel Number: 871298750
  • Tax Lot: 156
  • Tax Year: 2015

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2017
Sold by
Gayer Thomas P
Bought by
Soumilas John
Current Estimated Value
$1,134,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$808,000
Outstanding Balance
$672,372
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$461,832

Purchase Details

Listed on
May 20, 2015
Closed on
Aug 27, 2015
Sold by
233 Chestnut Street Development Llc
Bought by
Gayer Thomas P
Seller's Agent
Bruno Pouget
Coldwell Banker Realty
Buyer's Agent
Bruno Pouget
Coldwell Banker Realty
List Price
$950,000
Sold Price
$945,000
Premium/Discount to List
-$5,000
-0.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.81%
Original Mortgage
$600,000
Interest Rate
4.01%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Soumilas John $1,010,000 Community First Abstracti
Gayer Thomas P $945,000 Fidelity National Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soumilas John $808,000
Previous Owner Gayer Thomas P $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2015 08/27/15 Sold $945,000 -0.5% $363 / Sq Ft
06/12/2015 06/12/15 Pending -- -- --
05/20/2015 05/20/15 For Sale $950,000 -- $365 / 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 $13,158 $968,200 $145,200 $823,000
2024 $13,158 $968,200 $145,200 $823,000
2023 $3,875 $940,000 $141,000 $799,000
2022 $3,462 $276,830 $141,000 $135,830
2021 $3,462 $0 $0 $0
2020 $3,462 $0 $0 $0
2019 $3,462 $0 $0 $0
2018 $2,654 $0 $0 $0
2017 $2,654 $0 $0 $0
2016 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002606730

Bright MLS

APN: 888500790