NOT LISTED FOR SALE

2601 Parkway Condominiums 2601 Pennsylvania Ave Unit 407 Philadelphia, PA 19130

Fairmount Neighborhood

Estimated Value: $154,000 - $186,000

1 Bed
1 Bath
632 Sq Ft
$542/mo HOA Fee

Last Sold June 12, 2024

Last sale price $155,000 $245 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,654/month

26 Days on Market

Highlights

  • Fitness Center
  • Transportation Service
  • Meeting Room
  • 24-Hour Security
  • Wood Flooring
  • Wall Furnace

About This Home

As of June 2024

Welcome home to this sun filled one bedroom one bath condo in 2601 Parkway Condominiums in the heart of the Art Museum/Fairmount area! The freshly painted condo features an open layout living room and kitchen with Parquet flooring throughout and great views of the Art Museum. The kitchen features a center island which is convenient for cooking & storage, pantry, oak cabinets and a brand-new refrigerator. The bedroom has a great-sized closet and large windows for additional natural light. The unit is completed with a tile bathroom and in unit washer and dryer. The benefits to living in the building are endless-newly updated fitness center, pet friendly, 24-hour lobby attendant, business room, party room, free lobby wi-fi, Shuttle, Gas and water all included. There is also on-premise dry cleaning, BYO restaurant, convenience store and spa. The location is within walking distance of lots of great restaurants, Whole Foods and Target and gives you easy access to Kelly Drive, 76 and 95. The condo is currently tenant occupied until the end of May 2024 and could make a great investment property.

Last Agent to Sell the Property

Shannon Keirans

Elfant Wissahickon-Chestnut Hill License #RS346431 Listed on: 03/31/2024

Elfant Wissahickon-Chestnut Hill

Co-Listed By

Karrie Gavin

Elfant Wissahickon-Rittenhouse Square License #RS317681

Last Buyer's Agent

Marlene Sabella

RE/MAX Achievers-Collegeville

RE/MAX Achievers-Collegeville

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,080

Year Built

  • Built in 1950

Lot Details

  • 1.58

HOA Fees

  • $542 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Masonry

Interior Spaces

  • 632 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number 888072668

Community Details

Overview

  • $1,524 Capital Contribution Fee
  • Association fees include snow removal, trash, water, sewer, management, common area maintenance, gas, health club, bus service
  • High-Rise Condominium
  • 2601 Pennsylvania Ave Condos
  • Fairmount Subdivision
  • Property Manager

Amenities

  • Transportation Service
  • Meeting Room
  • Party Room

Recreation

Pet Policy

  • Limit on the number of pets
  • Pet Deposit Required

Security

  • 24-Hour Security
  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,080

Year Built

Built in 1950

Lot Details

0

HOA Fees

$542 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Exclusions: Tenants personal property
  • Inclusions: Refrigerator, washer & dryer in as-is condition
  • New Construction: No
  • Story List: Main
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome home to this sun filled one bedroom one bath condo in 2601 Parkway Condominiums in the heart of the Art Museum/Fairmount area! The freshly painted condo features an open layout living room and kitchen with Parquet flooring throughout and great views of the Art Museum. The kitchen features a center island which is convenient for cooking & storage, pantry, oak cabinets and a brand-new refrigerator. The bedroom has a great-sized closet and large windows for additional natural light. The unit is completed with a tile bathroom and in unit washer and dryer. The benefits to living in the building are endless-newly updated fitness center, pet friendly, 24-hour lobby attendant, business room, party room, free lobby wi-fi, Shuttle, Gas and water all included. There is also on-premise dry cleaning, BYO restaurant, convenience store and spa. The location is within walking distance of lots of great restaurants, Whole Foods and Target and gives you easy access to Kelly Drive, 76 and 95. The condo is currently tenant occupied until the end of May 2024 and could make a great investment property.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 4
  • Flooring Type: Hardwood
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 632
  • Living Area Sq Ft: 632
  • Price Per Sq Ft: 253.16
  • Above Grade Finished Sq Ft: 632
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2601

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
  • 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: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Wall Unit
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security, Desk In Lobby
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Water Available, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 541.92
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: 2601 Pennsylvania Ave
  • HOA Condo Co-Op Amenities: Elevator, Transportation Service, Security, Party Room, Meeting Room, Fitness Center
  • HOA Condo Co-Op Fee Includes: Snow Removal, Trash, Water, Sewer, Management, Common Area Maintenance, Gas, Health Club, Bus Service
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 1523.67

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 590
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2024
  • Zoning: RMX3

Rental Info

  • Pets: Number Limit, Pet Addendum/Deposit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 1141.00
  • Tax Annual Amount: 2080.00
  • Assessor Parcel Number: 888072668
  • Tax Lot: 26
  • Tax Total Finished Sq Ft: 632
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 06/12/2024

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2024
Closed on
May 10, 2024
Sold by
Buono Joshua Adam
Bought by
Begashaw Kassahun
Seller's Agent
Shannon Keirans
Elfant Wissahickon-Chestnut Hill
Buyer's Agent
Marlene Sabella
RE/MAX Achievers-Collegeville
List Price
$160,000
Sold Price
$155,000
Premium/Discount to List
-$5,000
-3.12%
Views
79
Current Estimated Value
$172,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,336
Avg. Annual Appreciation
4.69%
Original Mortgage
$124,000
Outstanding Balance
$122,897
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$40,793

Purchase Details

Closed on
Jan 31, 2022
Sold by
Buono Elaine B
Bought by
Buono Joshua Adam

Purchase Details

Closed on
Sep 12, 2005
Sold by
2601 Parkway Development Llc
Bought by
Buono Frank G and Buono Elaine B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,550
Interest Rate
5.84%
Mortgage Type
Fannie Mae Freddie Mac
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
Begashaw Kassahun $155,000 None Listed On Document
Buono Joshua Adam -- Law Offices Of Jeremy A Wechsl
Buono Frank G $219,400 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Begashaw Kassahun $124,000
Previous Owner Buono Frank G $84,500
Previous Owner Buono Frank G $164,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2024 06/12/24 Sold $155,000 -3.1% $245 / Sq Ft
04/26/2024 04/26/24 Pending -- -- --
03/31/2024 03/31/24 For Sale $160,000 -- $253 / 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 $2,080 $151,500 $15,100 $136,400
2024 $2,080 $151,500 $15,100 $136,400
2023 $2,080 $148,600 $14,900 $133,700
2022 $1,890 $148,600 $14,900 $133,700
2021 $1,890 $0 $0 $0
2020 $1,890 $0 $0 $0
2019 $4,813 $0 $0 $0
2018 $1,783 $0 $0 $0
2017 $1,783 $0 $0 $0
2016 $1,698 $0 $0 $0
2015 $1,625 $0 $0 $0
2014 -- $121,300 $12,130 $109,170
2012 -- $10,592 $1,373 $9,219
Source: Public Records

Agents Affiliated with this Home

  • Shannon Keirans

    Seller's Agent in 2024

    Shannon Keirans

    Elfant Wissahickon-Chestnut Hill

    (215) 820-4798

    1 in this area

    61 Total Sales

    Shannon Keirans
    Section Image
  • Karrie Gavin

    Seller Co-Listing Agent in 2024

    Karrie Gavin

    Elfant Wissahickon-Rittenhouse Square

    (215) 260-1376

    32 in this area

    648 Total Sales

    Karrie Gavin
    Section Image
  • Marlene Sabella

    Buyer's Agent in 2024

    Marlene Sabella

    RE/MAX

    (610) 505-9823

    1 in this area

    56 Total Sales

    Marlene Sabella
    Section Image
See All Agents

About 2601 Parkway Condominiums

Map

Source: Bright MLS

MLS Number: PAPH2337392

Bright MLS

APN: 888072668

Pennsylvania Philadelphia County Philadelphia 19130 Fairmount

2601 Pennsylvania Ave Unit 407, Philadelphia, PA

This home is located at 2601 Pennsylvania Ave Unit 407, Philadelphia, PA 19130 since 31 March 2024 and is currently estimated at $172,336, approximately $272 per square foot. This property was built in 1950. 2601 Pennsylvania Ave Unit 407 is a home located in Philadelphia County with nearby schools including Morris Robert School, Vaux High School: A. Big Picture School, and St Francis Xavier School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes