NOT LISTED FOR SALE

Estimated Value: $895,000 - $1,103,000

3 Beds
2 Baths
2,045 Sq Ft
$1,123/mo HOA Fee

Last Sold June 30, 2022

Last sale price $1,000,000 $489 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $8,360/month

84 Days on Market

Highlights

  • Concierge
  • Open Floorplan
  • Wood Flooring
  • Fitness Center
  • Contemporary Architecture
  • 1-minute walk to Washington Square

About This Home

As of June 2022

Welcome to a spectacular condominium on the 20th floor in Independence Place. This 3 bedroom 2 bath home with over 2000 sf has been fully renovated. Enter through the lovely foyer with 2 large closets, wonderful wall space for art work and beautiful cherry wood floors that continue throughout the living area. The modern open floor plan features floor to ceiling windows in the living room that takes full advantage of the incredible, unobstructed views of Washington Square Park. The large balcony off the living area provides private outside space with views of the Park plus views looking east to the Delaware river. The chef's kitchen features custom cabinets and granite countertops. The large island with stool seating adds additional counter and storage space. Note the beautiful Murano glass lighting fixtures that are located in the dining and kitchen area. The first of 3 bedrooms has a huge picture window and a customized closet system. The second bedroom currently used as an office offers a large window and great closet space. The hall bathroom features beautiful tile work and a modern glass stall shower. The oversized main bedroom has a huge custom fitted walk-in closet and an ensuite bathroom with double vanity, bathtub and stall shower. The building’s central lobby is in the process of a beautiful renovation with the addition of a new fitness center. There is a parking garage located below the building with pay parking. Residents of Independence Place enjoy a 24 hour door person and on-site management. This desirable park location has a pharmacy on site, a convenience store across the street and a full market one block away. It is in heart of many of the city's best restaurants, cultural institutions and shops.

Last Agent to Sell the Property

Claudia Brown

KW Empower Listed on: 02/22/2022

KW Empower

Last Buyer's Agent

Allan Domb

Allan Domb Real Estate License #RB043135A

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,044

Year Built

  • Built in 1985

Lot Details

  • 2,047

HOA Fees

  • $1,123 Monthly HOA Fees

Parking

  • On-Site Parking for Rent

Home Design

  • Contemporary Architecture
  • Masonry

Interior Spaces

  • 2,045 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Wood Flooring
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Back Up Electric Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 626
  • Assessor Parcel Number 888054661

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, management, snow removal
  • High-Rise Condominium
  • Independence Place Community
  • Washington Sq Subdivision
  • Property Manager

Amenities

  • Concierge
  • Doorman
  • Elevator

Recreation

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,044

Year Built

Built in 1985

Lot Details

0

HOA Fees

$1,123 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1985
  • Automatically Close On Close Date: Yes
  • Remarks Public: Welcome to a spectacular condominium on the 20th floor in Independence Place. This 3 bedroom 2 bath home with over 2000 sf has been fully renovated. Enter through the lovely foyer with 2 large closets, wonderful wall space for art work and beautiful cherry wood floors that continue throughout the living area. The modern open floor plan features floor to ceiling windows in the living room that takes full advantage of the incredible, unobstructed views of Washington Square Park. The large balcony off the living area provides private outside space with views of the Park plus views looking east to the Delaware river. The chef's kitchen features custom cabinets and granite countertops. The large island with stool seating adds additional counter and storage space. Note the beautiful Murano glass lighting fixtures that are located in the dining and kitchen area. The first of 3 bedrooms has a huge picture window and a customized closet system. The second bedroom currently used as an office offers a large window and great closet space. The hall bathroom features beautiful tile work and a modern glass stall shower. The oversized main bedroom has a huge custom fitted walk-in closet and an ensuite bathroom with double vanity, bathtub and stall shower. The building’s central lobby is in the process of a beautiful renovation with the addition of a new fitness center. There is a parking garage located below the building with pay parking. Residents of Independence Place enjoy a 24 hour door person and on-site management. This desirable park location has a pharmacy on site, a convenience store across the street and a full market one block away. It is in heart of many of the city's best restaurants, cultural institutions and shops.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 20
  • Interior Amenities: Entry Level Bedroom, Elevator, Floor Plan - Open, Kitchen - Eat-In, Walk-In Closet(s), Wood Floors
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 2045
  • Living Area Sq Ft: 2045
  • Price Per Sq Ft: 562.35
  • Above Grade Finished Sq Ft: 2045
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 233

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: On-Site - Rent

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Security: Doorman
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1123.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Concierge, Elevator, Fitness Center
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Snow Removal
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 829400.00
  • Land Assessed Value: 102500.00
  • Land Use Code: 590
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2022
  • Zoning: RMX3

Rental Info

  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 1425283
  • School Tax: 7157.00
  • Tax Annual Amount: 13044.00
  • Assessor Parcel Number: 888054661
  • Tax Lot: 626
  • Tax Total Finished Sq Ft: 2045
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/30/2022

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2022
Closed on
Jun 20, 2022
Sold by
Greenberg Steven E
Bought by
Orman James M and Orman Camille L
Seller's Agent
Claudia Brown
KW Empower
Buyer's Agent
Allan Domb
Allan Domb Real Estate
List Price
$1,225,000
Sold Price
$1,000,000
Premium/Discount to List
-$225,000
-18.37%
Current Estimated Value
$1,123,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,212
Avg. Annual Appreciation
2.75%

Purchase Details

Closed on
Oct 29, 2010
Sold by
Wolpe Elaine and Wolpe Stephen
Bought by
Greenberg Steven E and Greenberg Ruth L
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
Orman James M $1,000,000 None Listed On Document
Greenberg Steven E $770,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wolpe Gerald I $263,400
Previous Owner Wolpe Gerald I $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $1,000,000 -13.0% $489 / Sq Ft
04/06/2022 04/06/22 Price Changed $1,150,000 -6.1% $562 / Sq Ft
02/22/2022 02/22/22 For Sale $1,225,000 -- $599 / 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 $13,045 $959,800 $105,500 $854,300
2024 $13,045 $959,800 $105,500 $854,300
2023 $13,045 $931,900 $102,500 $829,400
2022 $12,415 $886,900 $102,500 $784,400
2021 $13,045 $0 $0 $0
2020 $13,045 $0 $0 $0
2019 $12,665 $0 $0 $0
2018 $10,135 $0 $0 $0
2017 $10,554 $0 $0 $0
2016 $9,827 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $732,000 $30,400 $701,600
2012 -- $108,160 $3,672 $104,488
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAPH2083402

Bright MLS

APN: 888054661