NOT LISTED FOR SALE

Independence Place 241 S 6th St Unit 1505H Philadelphia, PA 19106

Society Hill Neighborhood

Estimated Value: $711,000 - $821,000

2 Beds
2 Baths
1,457 Sq Ft
$846/mo HOA Fee

Last Sold November 30, 2020

Last sale price $670,000 $460 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,737/month

7 Days on Market

Highlights

  • Concierge
  • Wood Flooring
  • Balcony
  • City View
  • Upgraded Countertops
  • 2-minute walk to Washington Square

About This Home

As of November 2020

Two bedroom, two bathroom on a high floor of Independence Place, Tower I with walls of windows in all rooms offering unobstructed Washington Square and city skyline views. The home features an open floor plan with a large, sun-filled great room featuring a private balcony overlooking Washington Square and floor-to-ceiling windows. There is an updated kitchen with wood cabinetry, granite countertops and tile backsplash. The spacious primary suite features a custom-built closet and an updated ensuite bathroom with a stylish vanity and designer tilework. The second bedroom is generously sized and is currently being utilized as a den. Nearby, the second bathroom has also been upgraded with a modern vanity and walk-in shower. Additional highlights include stylish track lighting, hardwood floors and a stackable washer/dryer in the unit. Residents of Independence Place enjoy a 24 hour doorman, on-site management and a convenient location steps from world-class shopping, dining, theater and historical institutions. Public transportation is easily accessible and Amtrak's 30th Street Station and the Philadelphia International Airport are only minutes away.

Last Agent to Sell the Property

Allan Domb

Allan Domb Real Estate License #RB043135A Listed on: 10/27/2020

Last Buyer's Agent

Scott Neifeld

Compass RE License #RS202694L

Compass RE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,003

Year Built

  • Built in 1980

Lot Details

  • 1,394

HOA Fees

  • $846 Monthly HOA Fees

Property Views

  • Scenic Vista

Home Design

  • Masonry

Interior Spaces

  • 1,457 Sq Ft Home
  • Property has 1 Level
  • Dining Area
  • Wood Flooring
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot B254
  • Assessor Parcel Number 888051283

Community Details

Overview

  • $1,692 Capital Contribution Fee
  • Association fees include cable TV, common area maintenance, exterior building maintenance, snow removal, trash, water
  • High-Rise Condominium
  • Independence Place Community
  • Washington Sq Subdivision

Amenities

  • Concierge
  • Doorman

Pet Policy

  • Dogs and Cats Allowed

Security

  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,003

Year Built

Built in 1980

Lot Details

0

HOA Fees

$846 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1980
  • Automatically Close On Close Date: No
  • Remarks Public: Two bedroom, two bathroom on a high floor of Independence Place, Tower I with walls of windows in all rooms offering unobstructed Washington Square and city skyline views. The home features an open floor plan with a large, sun-filled great room featuring a private balcony overlooking Washington Square and floor-to-ceiling windows. There is an updated kitchen with wood cabinetry, granite countertops and tile backsplash. The spacious primary suite features a custom-built closet and an updated ensuite bathroom with a stylish vanity and designer tilework. The second bedroom is generously sized and is currently being utilized as a den. Nearby, the second bathroom has also been upgraded with a modern vanity and walk-in shower. Additional highlights include stylish track lighting, hardwood floors and a stackable washer/dryer in the unit. Residents of Independence Place enjoy a 24 hour doorman, on-site management and a convenient location steps from world-class shopping, dining, theater and historical institutions. Public transportation is easily accessible and Amtrak's 30th Street Station and the Philadelphia International Airport are only minutes away.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer, Dryer
  • Entry Floor: 15
  • Interior Amenities: Wood Floors, Upgraded Countertops, Dining Area, Primary Bath(s), Walk-In Closet(s)
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1457
  • Living Area Sq Ft: 1457
  • Price Per Sq Ft: 471.86
  • Above Grade Finished Sq Ft: 1457
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 241

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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
  • View: City, Scenic Vista
  • 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
  • Heating: Yes
  • Security: Doorman, Desk In Lobby
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 846.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Concierge, Cable
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Ext Bldg Maint, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 1692.00

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: 508900.00
  • Land Assessed Value: 62800.00
  • Land Use Code: 590
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Year Assessed: 2020
  • Zoning: RM2

Rental Info

  • Pets: Dogs Ok, Cats Ok, Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1423406
  • School Tax: 4391.00
  • Tax Annual Amount: 8003.00
  • Assessor Parcel Number: 888051283
  • Tax Lot: B254
  • Tax Total Finished Sq Ft: 1387
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 11/30/2020

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2020
Closed on
Nov 21, 2020
Sold by
Gable Tracy and Estate Of Marilyn Lipken
Bought by
Eells Jonathan Andrew
Seller's Agent
Allan Domb
Allan Domb Real Estate
Buyer's Agent
Scott Neifeld
Compass RE
List Price
$687,500
Sold Price
$670,000
Premium/Discount to List
-$17,500
-2.55%
Total Days on Market
7
Current Estimated Value
$761,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,336
Avg. Annual Appreciation
2.62%
Original Mortgage
$200,000
Outstanding Balance
$180,391
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$576,110

Purchase Details

Closed on
Jan 24, 1985
Bought by
Lipkin Leonard and Lipkin Marilyn
Source: Public Records

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
Eells Jonathan Andrew $670,000 Community First Abstract
Lipkin Leonard $152,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eells Jonathan Andrew $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2020 11/30/20 Sold $670,000 -2.5% $460 / Sq Ft
11/03/2020 11/03/20 Pending -- -- --
10/27/2020 10/27/20 For Sale $687,500 -- $472 / 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 $8,243 $606,500 $66,600 $539,900
2024 $8,243 $606,500 $66,600 $539,900
2023 $8,243 $588,900 $64,700 $524,200
2022 $7,373 $543,900 $64,700 $479,200
2021 $8,003 $0 $0 $0
2020 $8,003 $0 $0 $0
2019 $7,770 $0 $0 $0
2018 $6,757 $0 $0 $0
2017 $6,757 $0 $0 $0
2016 $5,613 $0 $0 $0
2015 $5,373 $0 $0 $0
2014 -- $431,000 $20,600 $410,400
2012 -- $56,512 $964 $55,548
Source: Public Records

Agents Affiliated with this Home

  • Allan Domb

    Seller's Agent in 2020

    Allan Domb

    Allan Domb Real Estate

    (215) 545-1500

    81 in this area

    398 Total Sales

    Section Image
  • Scott Neifeld

    Buyer's Agent in 2020

    Scott Neifeld

    Compass RE

    (215) 275-3040

    7 in this area

    52 Total Sales

    Section Image
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About Independence Place

Map

Source: Bright MLS

MLS Number: PAPH946188

Bright MLS

APN: 888051283

Pennsylvania Philadelphia County Philadelphia 19106 Society Hill

241 S 6th St Unit 1505H, Philadelphia, PA

This home is located at 241 S 6th St Unit 1505H, Philadelphia, PA 19106 since 27 October 2020 and is currently estimated at $749,606, approximately $514 per square foot. This property was built in 1980. 241 S 6th St Unit 1505H is a home located in Philadelphia County with nearby schools including General George A McCall Public School, Benjamin Franklin High School, and Mastery Charter High School Lenfest Campus.

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