NOT LISTED FOR SALE

Estimated Value: $795,000 - $1,008,000

2 Beds
2 Baths
2,006 Sq Ft
$536/mo HOA Fee

Last Sold June 13, 2022

Last sale price $885,000 $441 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $6,392/month

Highlights

  • Wood Flooring
  • 4-minute walk to 2Nd Street
  • Dogs and Cats Allowed
  • Central Heating and Cooling System
  • Ceiling Fan
  • 3-minute walk to Girard Fountain Park

About This Home

As of June 2022

Welcome to 28 N 3rd, a boutique condo in the heart of Old City. Built in 1857 by architect Stephen D. Button, this grand marble Italianate was designed for prominent garment merchant, Henry Korn. At the rear of the 2nd floor, you’ll find an Old City GEM & best kept secret. Residence 2R is a 2006 Sq Ft, 2 bed plus office, 2 full bath condominium with soaring 13 ft + ceilings and 10 Ft tall windows. An impressive 60 + foot long gallery, perfect for an art collector, invites you into the heart of the home, a great room with striking scale and proportions. The kitchen which features a 10 foot wide quartz island and Subzero, Wolf and Asko appliances opens to the living and dining areas. An architectural translucent book shelf wall separates the great room from the guest bedroom but also allows for light coming from 8 enormous windows to permeate the entire condo. Through a 10 foot + tall sliding door you’ll find a large primary suite which features 2 exposures, a separate office and an en-suite bath. This split bedroom condo was perfectly designed to take advantage of this rare space. The rear of the building provides sunset exposure, privacy and a completely quiet oasis. 1 car deeded parking directly behind the building included as well as a storage locker. Additional features include, Hunter Douglas shades, in-unit washer/dryer, rich hardwood floors, Toto toilets, Duravit sinks, Two Althus ceiling fans, and a Philippe Starck “K Tribe” dining pendent. Live on the THE block in Old City, just an elevator ride down to the lively Old City streets below. The design district of Old City offers beautiful showrooms, hip coffee shops and some of the best food offerings in the City. 28 n 3rd is one of the finest examples of 19th century architecture in all of Philadelphia. The association and management company have taken extreme care for the building with numerous documented upgrades over the years. A spectacular space difficult to replicate. Super low condo fees for a vary large residence in a pristine boutique building is a rare combination to find. This is it..and easy to show!

Last Agent to Sell the Property

Alon Seltzer

(215) 915-2000 alon.seltzer@compass.com Compass RE Listed on: 04/27/2022

Compass RE

Last Buyer's Agent

Nicolette Hitzel

(609) 577-8779 nicolette.dubrow@compass.com Compass RE License #1974874

Compass RE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,627

Year Built

  • Built in 1900

HOA Fees

  • $536 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Masonry

Interior Spaces

  • 2,006 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Wood Flooring
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Off-Street Space
  • Private Parking
  • Surface Parking
  • 1 Assigned Parking Space

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 233
  • Assessor Parcel Number 888057954

Community Details

Overview

  • $1,072 Capital Contribution Fee
  • Association fees include trash, water, reserve funds, management, parking fee
  • Low-Rise Condominium
  • Old City Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,627

Year Built

Built in 1900

Lot Details

0

HOA Fees

$536 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-04-27
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 28 N 3rd, a boutique condo in the heart of Old City. Built in 1857 by architect Stephen D. Button, this grand marble Italianate was designed for prominent garment merchant, Henry Korn. At the rear of the 2nd floor, you’ll find an Old City GEM & best kept secret. Residence 2R is a 2006 Sq Ft, 2 bed plus office, 2 full bath condominium with soaring 13 ft + ceilings and 10 Ft tall windows. An impressive 60 + foot long gallery, perfect for an art collector, invites you into the heart of the home, a great room with striking scale and proportions. The kitchen which features a 10 foot wide quartz island and Subzero, Wolf and Asko appliances opens to the living and dining areas. An architectural translucent book shelf wall separates the great room from the guest bedroom but also allows for light coming from 8 enormous windows to permeate the entire condo. Through a 10 foot + tall sliding door you’ll find a large primary suite which features 2 exposures, a separate office and an en-suite bath. This split bedroom condo was perfectly designed to take advantage of this rare space. The rear of the building provides sunset exposure, privacy and a completely quiet oasis. 1 car deeded parking directly behind the building included as well as a storage locker. Additional features include, Hunter Douglas shades, in-unit washer/dryer, rich hardwood floors, Toto toilets, Duravit sinks, Two Althus ceiling fans, and a Philippe Starck “K Tribe” dining pendent. Live on the THE block in Old City, just an elevator ride down to the lively Old City streets below. The design district of Old City offers beautiful showrooms, hip coffee shops and some of the best food offerings in the City. 28 n 3rd is one of the finest examples of 19th century architecture in all of Philadelphia. The association and management company have taken extreme care for the building with numerous documented upgrades over the years. A spectacular space difficult to replicate. Super low condo fees for a vary large residence in a pristine boutique building is a rare combination to find. This is it..and easy to show!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Flooring Type: Hardwood
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 2006
  • Living Area Sq Ft: 2006
  • Price Per Sq Ft: 443.67
  • Above Grade Finished Sq Ft: 2006
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 28

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
  • 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: Surface, Assigned, Private
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Ceiling Fan(s), Wall Unit
  • Heating Type: Central, Wall Unit
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 536.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator
  • HOA Condo Co-Op Fee Includes: Trash, Water, Reserve Funds, Management, Parking Fee
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 1072.00

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: 653000.00
  • Land Assessed Value: 106200.00
  • Land Use Code: 590
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2022
  • Zoning: CMX3

Rental Info

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

Tax Info

  • Assessor Parcel Number: 4833228
  • School Tax: 5831.00
  • Tax Annual Amount: 10627.00
  • Assessor Parcel Number: 888057954
  • Tax Lot: 233
  • Tax Total Finished Sq Ft: 2006
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/13/2022

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2022
Closed on
Jun 7, 2022
Sold by
Ofelia Garcia
Bought by
Beddia Joseph and Dilshe1mer Caroline
Seller's Agent
Alon Seltzer
Compass RE
Buyer's Agent
Nicolette Hitzel
Compass RE
List Price
$860,000
Sold Price
$885,000
Premium/Discount to List
$25,000
2.91%
Current Estimated Value
$928,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,969
Avg. Annual Appreciation
1.47%
Original Mortgage
$708,000
Outstanding Balance
$672,659
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$256,310

Purchase Details

Closed on
Oct 14, 2010
Sold by
Hoss Development Llc
Bought by
Garcia Ofelia and The Ofelia Garcia Revocable Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2010
Sold by
28 North 3Rd Street Llc
Bought by
Hoss Development Llc

Purchase Details

Closed on
Oct 20, 2009
Sold by
28 North 3Rd Street Llc
Bought by
Narberth Property Acquisition Llc
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 Buyer Sale Price Title Company
Beddia Joseph $885,000 None Listed On Document
Garcia Ofelia $585,000 Commonwealth Land Title Ins
Hoss Development Llc $1,150,000 None Available
Narberth Property Acquisition Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beddia Joseph $708,000
Previous Owner Garcia Ofelia $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2022 06/13/22 Sold $885,000 -0.6% $441 / Sq Ft
04/29/2022 04/29/22 Price Changed $890,000 +3.5% $444 / Sq Ft
04/27/2022 04/27/22 For Sale $860,000 -- $429 / 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 $10,946 $860,200 $120,300 $739,900
2024 $10,946 $860,200 $120,300 $739,900
2023 $10,946 $782,000 $109,400 $672,600
2022 $10,627 $782,000 $109,400 $672,600
2021 $10,627 $0 $0 $0
2020 $4,672 $0 $0 $0
2019 $4,493 $0 $0 $0
2018 $4,493 $0 $0 $0
2017 $4,493 $0 $0 $0
2016 $2,567 $0 $0 $0
2015 $2,457 $0 $0 $0
2014 -- $443,400 $44,340 $399,060
2012 -- $66,112 $13,216 $52,896
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2108628

Bright MLS

APN: 888057954