$283,500
SOLD AUG 8, 2025
1 Bed
1 Bath
928 Sq Ft
$661/mo HOA Fee

Recently Sold

$305 Per Sq Ft

10% Below List Price

126 Days on Market

Highlights

  • Contemporary Architecture
  • Heat Pump System
  • 2-minute walk to Washington Square
  • Central Air
  • High-Rise Condominium

About This Home

As of August 2025

Large, one bedroom condo at Independence Place located right on Washington Square. Enter into the foyer area with coat closet, nice sized living room/dining room with floor to ceiling windows and balcony overlooking Washington Square. Fully equipped gallery style kitchen, bright bedroom with floor to ceiling windows offering lots of sunlight. Full bath plus laundry room. Beautiful views of Washington Square and Center City Philadelphia. Independence Place has a 34 hour doorman, concierge, brand new lobby, fitness center located in historic Society Hill and close to Center City, Independence Mall and the Historic District.

Last Agent to Sell the Property

Mitchell Cohen

Premier Real Estate Inc License #RM061436A Listed on: 03/07/2025

Last Buyer's Agent

Jenna Leggette

Compass RE License #RS280757

Compass RE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,068

Year Built

  • Built in 1980

HOA Fees

  • $661 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • 928 Sq Ft Home
  • Contemporary Architecture
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Washer and Dryer Hookup

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 462
  • Assessor Parcel Number 888051303

Community Details

Overview

  • High-Rise Condominium
  • Independence Place Subdivision
  • Property has 7 Levels

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,068

Year Built

Built in 1980

Lot Details

0

HOA Fees

$661 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1980
  • Automatically Close On Close Date: No
  • Remarks Public: Large, one bedroom condo at Independence Place located right on Washington Square. Enter into the foyer area with coat closet, nice sized living room/dining room with floor to ceiling windows and balcony overlooking Washington Square. Fully equipped gallery style kitchen, bright bedroom with floor to ceiling windows offering lots of sunlight. Full bath plus laundry room. Beautiful views of Washington Square and Center City Philadelphia. Independence Place has a 34 hour doorman, concierge, brand new lobby, fitness center located in historic Society Hill and close to Center City, Independence Mall and the Historic District.
  • Washer Dryer Hookups YN: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1703
  • Fireplace: No
  • Levels Count: 7
  • Basement: No
  • Total Sq Ft: 928
  • Living Area Sq Ft: 928
  • Price Per Sq Ft: 305.50
  • Above Grade Finished Sq Ft: 928
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 241

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: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 661.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA: No
  • Senior Community: No

Schools

  • School District: PHILADELPHIA CITY
  • School District Key: 803408593408
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 590
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Year Assessed: 2025
  • Zoning: RMX3

Rental Info

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

Tax Info

  • School Tax: 2838.00
  • Tax Annual Amount: 5068.00
  • Assessor Parcel Number: 888051303
  • Tax Lot: 462
  • Tax Total Finished Sq Ft: 928
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 08/08/2025

MLS Schools

  • School District Name: PHILADELPHIA CITY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2024
Sold by
Brownell Sondra and Feinman Mark
Bought by
Secretary Of Housing And Urban Development

Purchase Details

Closed on
Jul 29, 2011
Sold by
Glostein Ruth
Bought by
Brownell Sondra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
4.51%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
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 Type Sale Price Title Company
Deed In Lieu Of Foreclosure -- Servicelink
Deed $310,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $465,000 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 Sold $283,500 0.0% $305 / Sq Ft
07/11/2025 07/11/25 Pending -- -- --
07/07/2025 07/07/25 Price Changed $283,500 -10.0% $305 / Sq Ft
06/30/2025 06/30/25 For Sale $315,000 0.0% $339 / Sq Ft
05/05/2025 05/05/25 Pending -- -- --
03/07/2025 03/07/25 For Sale $315,000 -- $339 / 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 $4,922 $362,100 $39,700 $322,400
2024 $4,922 $362,100 $39,700 $322,400
2023 $4,922 $351,600 $38,600 $313,000
2022 $4,149 $306,600 $38,600 $268,000
2021 $4,779 $0 $0 $0
2020 $4,779 $0 $0 $0
2019 $4,640 $0 $0 $0
2018 $4,453 $0 $0 $0
2017 $4,453 $0 $0 $0
2016 $3,555 $0 $0 $0
2015 $3,404 $0 $0 $0
2014 -- $284,000 $13,800 $270,200
2012 -- $37,152 $731 $36,421
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2454548

Bright MLS

APN: 888051303