NOT LISTED FOR SALE

257 59 N 2nd St Unit 501 Philadelphia, PA 19106

Old City Neighborhood

Estimated Value: $747,000 - $881,000

2 Beds
3 Baths
2,387 Sq Ft
2009 Built

Highlights

  • Penthouse
  • No HOA
  • Home Security System
  • Contemporary Architecture
  • Butlers Pantry
  • 1-minute walk to Welcome Park

About This Home

As of May 2023

Welcome to 257 N 2nd Street, Unit 501! This rarely offered, two bedroom plus den, three full bath condo with covered parking is available for rent. Enter this spacious condominium and be wowed by the dramatic floor to ceiling windows in the sweeping living room and dining room that opens into a light-filled kitchen sure to delight any chef with gas cooking, high end appliances, ample storage space and stone countertops including an island with seating. Excellent for hosting, this gracious open concept space even features a private balcony perfect for enjoying morning coffee. This home features two large bedrooms, each with en suite bathrooms complete with custom tiling and modern updates. The primary suite has an impressive walk-in closet. As an added bonus, this home offers a den with custom built-ins adequate for working comfortably from home, hosting guests or accommodating your Peloton. Rare in the city, this home features a full size laundry room with front loading washer and dryer and bicycle storage. Amenities include gated access to covered parking, a shared roof deck with panoramic views of the city, and a boutique elevator building with only two units per floor. Within walking distance to all the Old City neighborhood has to offer: top restaurants, independent shopping, art galleries, historic sites and some of the best coffee shops in town. Enjoy the proximity to Race Street Pier and the walking trails along the river. Conveniently located near the entrance to I-95. Available July 1st. Tenant pays, water, gas, electric and cable. Dogs are negotiable.

Last Agent to Rent the Property

Lauren Marion

Compass RE License #RS360684 Listed on: 05/12/2023

Compass RE

Last Renter's Agent

Lauren Marion

Compass RE License #RS360684 Listed on: 05/12/2023

Compass RE

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,296

Year Built

  • Built in 2009

Lot Details

  • Sprinkler System

Home Design

  • Penthouse
  • Contemporary Architecture
  • Masonry

Interior Spaces

  • 2,387 Sq Ft Home
  • Property has 1 Level
  • Dining Area
  • Home Security System
  • Laundry on main level

Kitchen

  • Butlers Pantry
  • Self-Cleaning Oven
  • Built-In Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 3 Full Bathrooms
  • Walk-in Shower

Parking

  • 1 Parking Space
  • 1 Attached Carport Space
  • 1 Assigned Parking Space

Schools

  • Gen. George A. Mccall Elementary And Middle School
  • Bodine William High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $4,250
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 7/1/23
  • Assessor Parcel Number 888033962

Community Details

Overview

  • No Home Owners Association
  • Building Winterized
  • Mid-Rise Condominium
  • Old City Subdivision
  • Property Manager

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$9,296

Year Built

Built in 2009

Lot Details

0

Rental Info

  • Date Available: 2023-07-01
  • Pets Allowed: No
  • Security Deposit: 4250.00
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Property Manager: Yes
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2009
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Remarks Public: Welcome to 257 N 2nd Street, Unit 501! This rarely offered, two bedroom plus den, three full bath condo with covered parking is available for rent. Enter this spacious condominium and be wowed by the dramatic floor to ceiling windows in the sweeping living room and dining room that opens into a light-filled kitchen sure to delight any chef with gas cooking, high end appliances, ample storage space and stone countertops including an island with seating. Excellent for hosting, this gracious open concept space even features a private balcony perfect for enjoying morning coffee. This home features two large bedrooms, each with en suite bathrooms complete with custom tiling and modern updates. The primary suite has an impressive walk-in closet. As an added bonus, this home offers a den with custom built-ins adequate for working comfortably from home, hosting guests or accommodating your Peloton. Rare in the city, this home features a full size laundry room with front loading washer and dryer and bicycle storage. Amenities include gated access to covered parking, a shared roof deck with panoramic views of the city, and a boutique elevator building with only two units per floor. Within walking distance to all the Old City neighborhood has to offer: top restaurants, independent shopping, art galleries, historic sites and some of the best coffee shops in town. Enjoy the proximity to Race Street Pier and the walking trails along the river. Conveniently located near the entrance to I-95. Available July 1st. Tenant pays, water, gas, electric and cable. Dogs are negotiable.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Cooktop, Built-In Range, Oven - Self Cleaning, Dishwasher, Refrigerator, Disposal
  • Entry Floor: 5
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Sprinkler System, Elevator, Stall Shower, Dining Area
  • Fireplace: No
  • Elevators Count: 1
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2387
  • Living Area Sq Ft: 2387
  • Price Per Sq Ft: 1.78
  • Above Grade Finished Sq Ft: 2387
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 257

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Spa: No
  • 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
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Carport

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • Elementary School: GEN. GEORGE A. MCCALL SCHOOL
  • Middle School: GEN. GEORGE A. MCCALL SCHOOL
  • High School: BODINE WILLIAM
  • Elementary School Source: 3rd Party
  • High School Source: Listing Agent
  • Middle School Source: 3rd Party
  • School District Key: 300200397108
  • School District Source: 3rd Party
  • Elementary School: GEN. GEORGE A. MCCALL SCHOOL
  • High School: BODINE WILLIAM
  • Middle Or Junior School: GEN. GEORGE A. MCCALL SCHOOL

Lot Info

  • Land Use Code: 590
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Zoning: CMX3

Tax Info

  • Assessor Parcel Number: 6739357
  • Assessor Parcel Number: 888033962
  • Tax Total Finished Sq Ft: 2387
  • Close Date: 05/25/2023

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2018
Sold by
Ross Andrew and Ross Andrew S
Bought by
Ross Andrew S and Oliphant Elizabeth F
Current Estimated Value
$800,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2010
Sold by
257 Olde City Llc
Bought by
Giordano Gaetano and Giordano Cara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
4.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2010
Sold by
257 Olde City Llc
Bought by
Ross Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
4.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2009
Sold by
257 North 2Nd Street Llc
Bought by
257 Olde City Llc

Purchase Details

Closed on
Dec 15, 2005
Sold by
257-259 Development Llc
Bought by
257 N 2Nd Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
6.39%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 15, 2004
Sold by
Miller Jules
Bought by
257-259 Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ross Andrew S -- None Available
Giordano Gaetano $500,500 None Available
Ross Andrew $485,000 None Available
Kaplun Dimitry $489,500 None Available
257 Olde City Llc $66,600 None Available
257 N 2Nd Street Llc $1,600,000 None Available
257-259 Development Llc $1,150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oliphant Elizabeth F $268,000
Closed Ross Andrew S $297,000
Previous Owner Kaplun Dimitry $325,000
Previous Owner Ross Andrew $335,000
Previous Owner 257 N 2Nd Street Llc $2,100,000
Previous Owner 257-259 Development Llc $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2023 05/25/23 Rented $4,250 0.0% --
05/19/2023 05/19/23 Under Contract -- -- --
05/12/2023 05/12/23 For Rent $4,250 -- --
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 $9,296 $707,200 $98,900 $608,300
2024 $9,296 $707,200 $98,900 $608,300
2023 $9,296 $664,100 $92,900 $571,200
2022 $9,026 $664,100 $92,900 $571,200
2021 $9,026 $0 $0 $0
2020 $3,850 $0 $0 $0
2019 $1,181 $0 $0 $0
2018 $1,074 $0 $0 $0
2017 $1,074 $0 $0 $0
2016 $650 $0 $0 $0
2015 $622 $0 $0 $0
2014 -- $464,100 $46,410 $417,690
2012 -- $49,664 $9,933 $39,731
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAPH2235208

Bright MLS

APN: 888033962