NOT LISTED FOR SALE

2551 Trenton Ave Unit 301 Philadelphia, PA 19125

Fishtown Neighborhood

Estimated Value: $380,000 - $420,000

1 Bed
1 Bath
1,414 Sq Ft
$288/mo HOA Fee

Last Sold April 14, 2021

Last sale price $375,000 $265 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,778/month

Highlights

  • Open Floorplan
  • 1 Elevator
  • Intercom
  • Wood Flooring
  • Eat-In Kitchen
  • 1-minute walk to Black Coyle & McBride Playground

About This Home

As of April 2021

If you ever dreamt of what it would be like to live in a hip loft in the City of Philadelphia, now is your opportunity. This end unit condominium is in one of this neighborhoods iconic factory buildings, the Ribbon Factory. A beautifully repurposed century plus mature building with modern amenities and attention to the history of the building from brick to beam. As you step inside the unit you are greeted by the soring ceiling height that draws your attention to the impeccably restored exposed wood beams and joists. Windows encompass three sides of this unit filling the area with natural light. The exposed brick walls, which can be found throughout the unit, are the perfect accent to the soaring windows and ceilings. The open concept opens up endless possibilities for special uses in this unit and as an added bonus framing the one end of the unit are double doors with a view of the Philadelphia Skyline where you can enjoy numerous sunrises and sunsets as well as watch the sky light up with fireworks during independence day celebrations. Head on over to the kitchen where you will find granite countertops, moveable island, shaker style cabinets and stainless-steel appliances; dishwasher, side-by-side refrigerator, built-in microwave and five burner gas range. Completing the interior of this unit is the bedroom, with spacious closet and ceiling fan, and the bathroom with large shower with ceramic tile surround, vanity, partitioned water closet and stackable laundry. Amenities of the building include gated parking, secured keyed access to the building, elevator and one deeded parking space. This home is centrally located, offering an ease of commute to Center City, the surrounding Suburbs as well access to the I95 corridor and public transportation making the commute to NJ or NY just as reachable. Located near POPS Skatepark and just blocks to area bistros, markets and taverns making this home a sweet spot. Come and see for yourself what this unit has to offer, you will not be disappointed. View the 3D Virtual Tour here https://my.matterport.com/show/?m=XTgaC3vTP21&mls=1

Last Agent to Sell the Property

Heather Petrone-Shook

(267) 973-4847 PhillyREDiva@gmail.com BHHS Fox & Roach E Falls Listed on: 12/17/2020

BHHS Fox & Roach E Falls

Last Buyer's Agent

Roman Sosalski

(267) 386-5216 roman@localephilly.com KW Empower

KW Empower

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,414

Year Built

  • Built in 1910

HOA Fees

  • $288 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction
  • Masonry

Interior Spaces

  • 1,414 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Intercom
  • Stacked Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Walk-in Shower

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Paved Parking
  • Parking Lot
  • Parking Space Conveys
  • 1 Assigned Parking Space
  • Secure Parking
  • Fenced Parking

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Sprinkler System

Listing and Financial Details

  • Tax Lot 169
  • Assessor Parcel Number 888310040

Community Details

Overview

  • $865 Capital Contribution Fee
  • Association fees include water, common area maintenance, snow removal, trash, security gate
  • Low-Rise Condominium
  • Ribbon Factory Loft Condo Association Condos
  • Ribbon Factory Lofts Community
  • Fishtown Subdivision
  • Property Manager

Amenities

  • 1 Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,414

Year Built

Built in 1910

Lot Details

0

HOA Fees

$288 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Loft With Bedrooms, Loft
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Inclusions: Stackable Washer/Dryer, Refrigerator, Moveable island
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-12-17
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Washer, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 1
  • Flooring Type: Wood, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Floor Plan - Open, Intercom, Kitchen - Eat-In, Kitchen - Island, Sprinkler System, Stall Shower, Wood Floors
  • Fireplace: No
  • Elevators Count: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1414
  • Living Area Sq Ft: 1414
  • Price Per Sq Ft: 282.18
  • Above Grade Finished Sq Ft: 1414
  • Above Grade Finished Area Units: Square Feet

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

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Asphalt Driveway, Fenced, Parking Space Conveys, Paved Driveway, Paved Parking, Secure Parking
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • 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: 288.03
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Ribbon Factory Loft Condo Association
  • HOA Condo Co-Op Amenities: Elevator
  • HOA Condo Co-Op Fee Includes: Water, Common Area Maintenance, Snow Removal, Trash, Security Gate
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 865.00

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Zoning: IRMX
  • Zoning Description: Description: Industrial Residential Mixed-Use

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 2422.00
  • Tax Annual Amount: 4414.00
  • Assessor Parcel Number: 888310040
  • Tax Lot: 169
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2020
Closed on
Apr 14, 2021
Sold by
Browna Michael P
Bought by
Sosalski Roman A and Pluy Samantha
Seller's Agent
Heather Petrone-Shook
BHHS Fox & Roach E Falls
Buyer's Agent
Roman Sosalski
KW Empower
List Price
$399,000
Sold Price
$375,000
Premium/Discount to List
-$24,000
-6.02%
Current Estimated Value
$400,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,368
Avg. Annual Appreciation
1.45%
Original Mortgage
$356,250
Outstanding Balance
$322,164
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$78,204

Purchase Details

Listed on
Oct 14, 2014
Closed on
May 6, 2015
Sold by
Daniels Lee
Bought by
Browna Michael P
Seller's Agent
Holly Mack-Ward
Elfant Wissahickon-Rittenhouse Square
Buyer's Agent
Jacqueline Webb
Keystone State Properties Group - NJ
List Price
$329,000
Sold Price
$314,000
Premium/Discount to List
-$15,000
-4.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.04%
Original Mortgage
$214,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2008
Sold by
2531 North Trenton Avenue Partners Lp
Bought by
Daniels Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Sosalski Roman A $375,000 None Available
Browna Michael P $314,000 Title Resources Guaranty Com
Daniels Lee $310,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sosalski Roman A $356,250
Previous Owner Browna Michael P $214,000
Previous Owner Daniels Lee $248,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/14/2021 04/14/21 Sold $375,000 -6.0% $265 / Sq Ft
02/28/2021 02/28/21 Pending -- -- --
12/17/2020 12/17/20 For Sale $399,000 +27.1% $282 / Sq Ft
05/15/2015 05/15/15 Sold $314,000 -4.6% $222 / Sq Ft View Prior Sale
04/08/2015 04/08/15 Pending -- -- --
01/20/2015 01/20/15 Price Changed $329,000 +3.1% $233 / Sq Ft
01/12/2015 01/12/15 Price Changed $319,000 -3.0% $226 / Sq Ft
10/14/2014 10/14/14 For Sale $329,000 -- $233 / 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 $4,678 $374,300 $59,800 $314,500
2024 $4,678 $374,300 $59,800 $314,500
2023 $4,678 $334,200 $53,400 $280,800
2022 $4,414 $334,200 $53,400 $280,800
2021 $4,414 $0 $0 $0
2020 $4,414 $315,300 $50,400 $264,900
2019 $1,599 $0 $0 $0
2018 $1,311 $0 $0 $0
2017 $1,311 $0 $0 $0
2016 $1,004 $0 $0 $0
2015 $961 $0 $0 $0
2014 -- $195,400 $19,540 $175,860
2012 -- $19,008 $3,808 $15,200
Source: Public Records

Agents Affiliated with this Home

  • Heather Petrone-Shook

    Seller's Agent in 2021

    Heather Petrone-Shook

    BHHS Fox & Roach E Falls

    (267) 973-4847

    2 in this area

    117 Total Sales

    Heather Petrone-Shook
    Section Image

  • R

    Buyer's Agent in 2021

    Roman Sosalski

    KW Empower

    (267) 386-5216

    3 in this area

    28 Total Sales

    Roman Sosalski
    Section Image
  • Holly Mack-Ward

    Seller's Agent in 2015

    Holly Mack-Ward

    Elfant Wissahickon-Rittenhouse Square

    (215) 866-0037

    11 in this area

    249 Total Sales

    Holly Mack-Ward
    Section Image

  • M

    Seller Co-Listing Agent in 2015

    Michelle Cassin

    Compass RE

    (267) 250-2347

    64 Total Sales

    Michelle Cassin
    Section Image
  • Jacqueline Webb

    Buyer's Agent in 2015

    Jacqueline Webb

    Keystone State Properties Group - NJ

    (856) 816-4638

    39 Total Sales

    Jacqueline Webb
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAPH971648

Bright MLS

APN: 888310040

Pennsylvania Philadelphia County Philadelphia 19125 Fishtown

2551 Trenton Ave Unit 301, Philadelphia, PA

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