$350,984 - $487,000
RENTED JUN 1, 2025
1 Bed
1 Bath
1,001 Sq Ft
1985 Built

Last Sold May 17, 2017

Last sale price $345,000 $345 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,478/month

Highlights

  • Doorman
  • Engineered Wood Flooring
  • Central Air
  • 24-Hour Security
  • Furnished
  • 1-minute walk to Washington Square

About This Home

As of June 2025

Enjoy convenient city living from this oversized one bedroom, one bath condominium with a private balcony featuring treetop views! Offered either furnished or unfurnished, this home showcases a graciously proportioned open living/dining space with a wall of windows and beautiful hardwood floors. The kitchen with breakfast bar is fully-equipped with granite counters, dishwasher, range, microwave, refrigerator, and good cabinet space. The bedroom is spacious and features great storage, including a walk-in closet. A tiled bath off the hall, and a large laundry/utility/storage room by the foyer, complete this lovely home. Independence Place is an elegant established building with a gorgeous new lobby, 24 hr front desk, state of the art fitness center, on-site management, and direct access to a public parking garage (parking subject to availability and an additional monthly fee). Perfectly located on the southeast corner of Washington Square, this home is steps away from the best of Philly's dining and retail scene, world-class museums and historic attractions, and is convenient to public and mass transit, Jefferson University, Pennsylvania Hospital, and more!

Last Agent to Rent the Property

LeeAnn Chen

Compass RE Listed on: 04/15/2025

Compass RE

Last Renter's Agent

LeeAnn Chen

Compass RE Listed on: 04/15/2025

Compass RE

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,064

Year Built

  • Built in 1985

Home Design

  • Masonry

Interior Spaces

  • 1,001 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Engineered Wood Flooring

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Stacked Washer and Dryer

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,200
  • $200 Move-In Fee
  • Tenant pays for cable TV, electricity, insurance, light bulbs/filters/fuses/alarm care, parking fee
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 6/6/25
  • $50 Application Fee
  • $100 Repair Deductible
  • Assessor Parcel Number 888054542

Community Details

Overview

  • High-Rise Condominium
  • Independence Place Community
  • Washington Sq Subdivision

Pet Policy

  • No Pets Allowed

Additional Features

  • Doorman
  • 24-Hour Security

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,064

Year Built

Built in 1985

Lot Details

0

Rental Info

  • Date Available: 2025-06-06
  • Application Fee: 50.00
  • Furnished: Yes
  • Pets Allowed: No
  • Security Deposit: 2200.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Cable Tv, Electricity, Insurance, Light Bulbs/Filters/Fuses/Alarm Care, Parking Fee
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Move In Fee: 200.00
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • New Construction: No
  • Story List: Main
  • Year Built: 1985
  • Automatically Close On Close Date: No
  • Remarks Public: Enjoy convenient city living from this oversized one bedroom, one bath condominium with a private balcony featuring treetop views! Offered either furnished or unfurnished, this home showcases a graciously proportioned open living/dining space with a wall of windows and beautiful hardwood floors. The kitchen with breakfast bar is fully-equipped with granite counters, dishwasher, range, microwave, refrigerator, and good cabinet space. The bedroom is spacious and features great storage, including a walk-in closet. A tiled bath off the hall, and a large laundry/utility/storage room by the foyer, complete this lovely home. Independence Place is an elegant established building with a gorgeous new lobby, 24 hr front desk, state of the art fitness center, on-site management, and direct access to a public parking garage (parking subject to availability and an additional monthly fee). Perfectly located on the southeast corner of Washington Square, this home is steps away from the best of Philly's dining and retail scene, world-class museums and historic attractions, and is convenient to public and mass transit, Jefferson University, Pennsylvania Hospital, and more!
  • Repair Deductible: 100.00
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 5
  • Flooring Type: Engineered Wood
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit, Main Floor
  • Total Sq Ft: 1001
  • Living Area Sq Ft: 1001
  • Price Per Sq Ft: 2.20
  • Above Grade Finished Sq Ft: 1001
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 233

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: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Doorman, 24 Hour Security
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Senior Community: No

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
  • Lot Size Units: Square Feet
  • Zoning: RMX3

Tax Info

  • Assessor Parcel Number: 888054542
  • Tax Total Finished Sq Ft: 1001
  • Close Date: 06/01/2025

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2022
Sold by
Hamati Nader
Bought by
Hamati Isam
Current Estimated Value
$392,746

Purchase Details

Listed on
Mar 24, 2017
Closed on
May 17, 2017
Sold by
Raynor Randall
Bought by
Hamati Nader and Hamati Kelly
Seller's Agent
Gregory Damis
BHHS Fox & Roach-Center City Walnut
Buyer's Agent
Mark Wade
BHHS Fox & Roach-Center City Walnut
List Price
$379,000
Sold Price
$345,000
Premium/Discount to List
-$34,000
-8.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.95%

Purchase Details

Listed on
Sep 24, 2014
Closed on
Oct 21, 2014
Sold by
Lee Kathryn L
Bought by
Raynor Randall
Seller's Agent
Christopher Somers
KW Empower
Buyer's Agent
Skye Michiels
Compass RE
List Price
$324,000
Sold Price
$320,000
Premium/Discount to List
-$4,000
-1.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.98%

Purchase Details

Closed on
Jul 13, 2011
Sold by
Murtha John C and Lehrer Jamie
Bought by
Lee Kathryn I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2007
Sold by
Devenney David P
Bought by
Murtha John C and Lehrer Jamie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2004
Sold by
Finkbiner Aaron C
Bought by
Devenney David P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,500
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2002
Sold by
Allen Thomas C
Bought by
Finkbiner Aaron C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
6.24%

Purchase Details

Closed on
Mar 14, 2001
Sold by
Glatts Michael
Bought by
Allen Thomas C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
6.88%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 29, 2000
Sold by
Ray Ida
Bought by
Glatts Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,900
Interest Rate
8.5%
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
Hamati Isam -- --
Hamati Nader $345,000 None Available
Raynor Randall $320,000 None Available
Lee Kathryn I $310,000 Title Insurance Company
Murtha John C $382,500 None Available
Devenney David P $287,500 --
Finkbiner Aaron C $222,500 --
Allen Thomas C $192,500 --
Glatts Michael $149,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Kathryn I $279,000
Previous Owner Murtha John C $306,000
Previous Owner Devenney David P $197,500
Previous Owner Finkbiner Aaron C $178,000
Previous Owner Allen Thomas C $154,000
Previous Owner Glatts Michael $119,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2025 06/01/25 Rented $2,250 +2.3% --
04/21/2025 04/21/25 Under Contract -- -- --
04/15/2025 04/15/25 For Rent $2,200 0.0% --
05/17/2017 05/17/17 Sold $345,000 -6.5% $345 / Sq Ft
05/02/2017 05/02/17 Pending -- -- --
04/10/2017 04/10/17 Price Changed $369,000 -2.6% $369 / Sq Ft
03/24/2017 03/24/17 For Sale $379,000 +18.4% $379 / Sq Ft
10/24/2014 10/24/14 Sold $320,000 -1.2% $320 / Sq Ft
10/10/2014 10/10/14 Pending -- -- --
09/24/2014 09/24/14 For Sale $324,000 -- $324 / 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 $4,064 $301,900 $33,100 $268,800
2024 $4,064 $301,900 $33,100 $268,800
2023 $4,064 $290,300 $31,900 $258,400
2022 $4,064 $290,300 $31,900 $258,400
2021 $4,064 $0 $0 $0
2020 $4,064 $0 $0 $0
2019 $3,946 $0 $0 $0
2018 $3,316 $0 $0 $0
2017 $3,316 $0 $0 $0
2016 $3,188 $0 $0 $0
2015 $3,082 $0 $0 $0
2014 -- $230,000 $14,900 $215,100
2012 -- $38,816 $1,189 $37,627
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2470846

Bright MLS

APN: 888054542