NOT LISTED FOR SALE

Estimated Value: $543,000 - $1,096,000

1 Bed
1.5 Baths
1,205 Sq Ft
$511/mo HOA Fee

Last Sold June 02, 2014

Last sale price $517,500 $429 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,072/month

10 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • En-Suite Primary Bedroom
  • Contemporary Architecture
  • Living Room
  • 1-minute walk to Washington Square

About This Home

As of June 2014

Rarely available located in the heart of Society Hill - stunning 1 bedroom & den/1.5 baths with dramatic southern & river views at Independence Place Condominiums! Open the door to elegance ? beautifully renovated open kitchen with granite counter tops, stone backsplash, SS appliances, under-the-cabinet lighting & beautiful pendant lighting. Spacious living & dining room, with hardwood floors & floor-to-ceiling windows, opens to the large, tiled deck that overlooks the most breathtaking & unobstructed views! Generously-sized den/bonus room off living room with hardwood floors. Large master bedroom suite features excellent closet space including both a walk-in and a second closet, floor-to-ceiling windows that captivate the view & a luxurious master bathroom w/ oversized glass-enclosed tiled shower & a glass-top vanity. The modern powder room has a beautiful granite-topped vanity. Separate laundry room with great built-in storage space. This wonderful condominium home is immaculate and move-in ready ... a must-see! Independence Place offers 24-hour desk and doorman. The parking garage is conveniently located on the premises for an additional monthly fee. DUE TO A TAX APPEAL, THE YEARLY TAXES ARE $5260, AND NOT THE AMOUNT STATED IN PUBLIC RECORDS.

Last Agent to Sell the Property

Juliet Welker

Compass RE License #AB068993 Listed on: 03/21/2014

Compass RE

Co-Listed By

Robyn Dion

Compass RE

Last Buyer's Agent

BobJuillet@gmail.com

BHHS Fox & Roach-Center City Walnut License #TREND:60020737

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,365

Year Built

  • Built in 1985

Lot Details

  • South Facing Home
  • Property is in good condition

HOA Fees

  • $511 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,205 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Area
  • Laundry on main level

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • 100 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 549
  • Assessor Parcel Number 888054584

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, snow removal, trash, water, sewer, all ground fee, management, alarm system
  • Independence Place Community

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,365

Year Built

Built in 1985

Lot Details

0

HOA Fees

$511 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Built-In Microwave
  • Flooring Type: Wood, Fully Carpeted
  • Interior Amenities: Master Bath(s), Kitchen - Island, Dining Area
  • Fireplace: No
  • Floors In Unit Count: 19
  • Room List: Living Room, Master Bedroom, Kitchen, Family Room
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1205
  • Living Area Sq Ft: 1205
  • Net Sq Ft: 1205.00
  • Price Per Sq Ft: 439.83
  • Above Grade Finished Sq Ft: 1205
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 511.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Snow Removal, Trash, Water, Sewer, All Ground Fee, Management, Alarm System
  • HOA: No

Schools

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

Lot Info

  • Improvement Assessed Value: 457100.00
  • Land Assessed Value: 17900.00
  • Land Use Code: 590
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Zoning: DW

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1425206
  • Tax Annual Amount: 6365.00
  • Assessor Parcel Number: 888054584
  • Tax Lot: 549
  • Tax Year: 2014
  • Close Date: 06/02/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2014
Closed on
Jun 2, 2014
Sold by
Nass Andrea Wendy
Bought by
Forstein Evelyn R
Seller's Agent
Juliet Welker
Compass RE
Buyer's Agent
BobJuillet@gmail.com
BHHS Fox & Roach-Center City Walnut
List Price
$530,000
Sold Price
$517,500
Premium/Discount to List
-$12,500
-2.36%
Current Estimated Value
$711,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,646
Avg. Annual Appreciation
1.11%
Original Mortgage
$100,000
Outstanding Balance
$77,359
Interest Rate
4.27%
Mortgage Type
New Conventional
Estimated Equity
$507,330

Purchase Details

Closed on
Dec 14, 2012
Sold by
Nass Harodl and Nass Ellen
Bought by
Nass Andrew Wendy

Purchase Details

Closed on
Jul 31, 2006
Sold by
Inkles Randy
Bought by
Nass Harold and Nass Ellen

Purchase Details

Closed on
Aug 19, 2000
Sold by
Fang Jane Y
Bought by
Inkles Randy
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 Buyer Sale Price Title Company
Forstein Evelyn R $517,500 None Available
Nass Andrew Wendy -- None Available
Nass Harold $445,000 None Available
Inkles Randy $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forstein Evelyn R $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2014 06/02/14 Sold $517,500 -2.4% $429 / Sq Ft
03/31/2014 03/31/14 Pending -- -- --
03/21/2014 03/21/14 For Sale $530,000 -- $440 / 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 $7,182 $528,400 $58,000 $470,400
2024 $7,182 $528,400 $58,000 $470,400
2023 $7,182 $513,100 $56,400 $456,700
2022 $6,552 $468,100 $56,400 $411,700
2021 $7,182 $0 $0 $0
2020 $7,182 $0 $0 $0
2019 $6,974 $0 $0 $0
2018 $6,534 $0 $0 $0
2017 $6,954 $0 $0 $0
2016 $5,550 $0 $0 $0
2015 $5,715 $0 $0 $0
2014 -- $426,500 $42,650 $383,850
2012 -- $55,776 $1,721 $54,055
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002847422

Bright MLS

APN: 888054584