NOT LISTED FOR SALE

Estimated Value: $332,000 - $399,000

1 Bed
1 Bath
1,001 Sq Ft
$447/mo HOA Fee

Last Sold December 28, 2016

Last sale price $399,000 $399 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,787/month

153 Days on Market

Highlights

  • Traditional Architecture
  • Balcony
  • Laundry Room
  • Wood Flooring
  • Living Room
  • 1-minute walk to Washington Square

About This Home

As of December 2016

This beautifully maintained light-filled home may have everything you're looking for with an open plan, custom upgrades, and wall-to-wall ceiling-to-floor south facing windows. The hardwood floors in the entry continue through the kitchen and combined living-dining off of which you'll find a covered balcony. An oversized master soothes the soles with plush wall-to-wall carpet and room enough for a king size bed, lounging, and home office. There is ample closet space with three reach-ins and an organized walk-in. Dual shower jets, a jetted soaking tub, brass fixtures and plenty of storage and counter space are the highlights of the spa-like bath. This home goes beyond a basic kitchen with granite and limestone counters, tumbled stone tiles, double sink with two disposals, stainless steel appliances, wood cabinets, a breakfast-bar island, and hidden water dispenser. Amenities at Independence Place inlcude 24 hour front desk, 20 minute plaza parking, bike storage, and community room. Located on Washington Sq. its just steps away from underground parking and a fitness and pool facility. It is convenient to Olde City, Penn's Landing, Society Hill, South Street, Midtown, and Market East. Open House Sunday Oct.2nd 11:30a-2pm with light refreshments.

Last Agent to Sell the Property

Karen Rostmeyer

Long & Foster Real Estate, Inc. Listed on: 06/14/2016

Last Buyer's Agent

Lavinia Smerconish

Compass RE License #RS149832A

Compass RE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,926

Year Built

  • Built in 1985

HOA Fees

  • $447 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,001 Sq Ft Home
  • Living Room
  • Dining Room

Kitchen

  • Self-Cleaning Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on main level

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Additional Features

  • Property is in good condition

Listing and Financial Details

  • Tax Lot 494
  • Assessor Parcel Number 888054529

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, snow removal, trash, alarm system
  • 487 Units
  • Washington Sq Subdivision, Plan D
  • Independence Place Community

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,926

Year Built

Built in 1985

Lot Details

0

HOA Fees

$447 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Year Built: 1985
  • Remarks Public: This beautifully maintained light-filled home may have everything you're looking for with an open plan, custom upgrades, and wall-to-wall ceiling-to-floor south facing windows. The hardwood floors in the entry continue through the kitchen and combined living-dining off of which you'll find a covered balcony. An oversized master soothes the soles with plush wall-to-wall carpet and room enough for a king size bed, lounging, and home office. There is ample closet space with three reach-ins and an organized walk-in. Dual shower jets, a jetted soaking tub, brass fixtures and plenty of storage and counter space are the highlights of the spa-like bath. This home goes beyond a basic kitchen with granite and limestone counters, tumbled stone tiles, double sink with two disposals, stainless steel appliances, wood cabinets, a breakfast-bar island, and hidden water dispenser. Amenities at Independence Place inlcude 24 hour front desk, 20 minute plaza parking, bike storage, and community room. Located on Washington Sq. its just steps away from underground parking and a fitness and pool facility. It is convenient to Olde City, Penn's Landing, Society Hill, South Street, Midtown, and Market East. Open House Sunday Oct.2nd 11:30a-2pm with light refreshments.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Oven - Self Cleaning, Dishwasher, Disposal, Built-In Microwave
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Fireplace: No
  • Floors In Unit Count: 6
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Laundry
  • Basement: No
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1001
  • Living Area Sq Ft: 1001
  • Net Sq Ft: 1001.00
  • Price Per Sq Ft: 414.59
  • Above Grade Finished Sq Ft: 1001
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 233

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Access To Pool: No
  • 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
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 447.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Snow Removal, Trash, Alarm System
  • HOA: Yes
  • Senior Community: No

Schools

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

Lot Info

  • Improvement Assessed Value: 194100.00
  • Land Assessed Value: 14900.00
  • Land Use Code: 590
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony
  • Property Condition: Good
  • Zoning: CMX4

Rental Info

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

Tax Info

  • Assessor Parcel Number: 1425151
  • Tax Annual Amount: 2926.00
  • Assessor Parcel Number: 888054529
  • Tax Lot: 494
  • Tax Year: 2016
  • Close Date: 12/28/2016

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2016
Closed on
Dec 28, 2016
Sold by
Wolfington Kristine L
Bought by
Cedar Lane Independence Place Llc
Seller's Agent
Karen Rostmeyer
Long & Foster Real Estate, Inc.
Buyer's Agent
Lavinia Smerconish
Compass RE
List Price
$415,000
Sold Price
$399,000
Premium/Discount to List
-$16,000
-3.86%
Current Estimated Value
$365,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,548
Avg. Annual Appreciation
-1.28%
Original Mortgage
$323,000
Outstanding Balance
$257,977
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$99,035

Purchase Details

Closed on
May 24, 2006
Sold by
Wildstein Lisa P
Bought by
Wolfington Kristine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,200
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 18, 2003
Sold by
Abramovitz Guy and Abramovitz Meirav
Bought by
Wildstein Lisa P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 2002
Sold by
Abramovitz Guy and Levy Meirav
Bought by
Abramovitz Guy and Abramovitz Meirav

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.2%

Purchase Details

Closed on
Jun 26, 2001
Sold by
Frucht Harold
Bought by
Meirov Abramovitz Guy and Meirov Levy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.2%

Purchase Details

Closed on
Jul 20, 1999
Sold by
Lioa Schue Yuan and Liao Su Chin
Bought by
Frucht Harold
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
Cedar Lane Independence Place Llc $399,000 Title Resource Guaranty Co
Wolfington Kristine L $439,900 None Available
Wildstein Lisa P $247,500 --
Abramovitz Guy -- --
Meirov Abramovitz Guy $200,000 --
Frucht Harold $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cedar Lane Independence Place Llc $323,000
Previous Owner Wolfington Kristine L $297,921
Previous Owner Wolfington Kristine L $321,200
Previous Owner Wildstein Lisa P $198,000
Previous Owner Abramovitz Guy $184,000
Previous Owner Meirov Abramovitz Guy $160,000
Closed Meirov Abramovitz Guy $30,000
Closed Wildstein Lisa P $24,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2016 12/28/16 Sold $399,000 -3.9% $399 / Sq Ft
11/14/2016 11/14/16 Pending -- -- --
06/14/2016 06/14/16 For Sale $415,000 -- $415 / 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 $4,190 $311,200 $34,200 $277,000
2024 $4,190 $311,200 $34,200 $277,000
2023 $4,190 $299,300 $32,900 $266,400
2022 $4,190 $299,300 $32,900 $266,400
2021 $4,190 $0 $0 $0
2020 $4,190 $0 $0 $0
2019 $4,068 $0 $0 $0
2018 $3,416 $0 $0 $0
2017 $3,446 $0 $0 $0
2016 $2,926 $0 $0 $0
2015 $2,801 $0 $0 $0
2014 -- $239,000 $14,900 $224,100
2012 -- $39,776 $1,216 $38,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000033412

Bright MLS

APN: 888054529