NOT LISTED FOR SALE

Estimated Value: $223,661

-- Bed
1 Bath
465 Sq Ft
$247/mo HOA Fee

Last Sold June 21, 2018

Last sale price $191,000 $411 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,698/month

48 Days on Market

Highlights

  • Traditional Architecture
  • Beamed Ceilings
  • Mobility Improvements
  • Breakfast Area or Nook
  • Living Room
  • 3-minute walk to Welcome Park

About This Home

As of June 2018

Lovely Studio in the Wireworks Building in Old City. You'll love the 12 ft ceilings, exposed beams, and the abundance of natural light from the huge windows. This condo has been tastefully updated t/o offering a modern kitchen with breakfast bar seating. The bathroom has also been completely remodeled and is neutral to suit most tastes. Very convenient laundry within the unit and surprisingly large closets. Building has a secure entryway, an additional storage unit assigned to the condo, along with a bike storage room. HVAC is about 5 years new. The Wireworks is close to 95 for easy access in & out of the city, and within walking distance to great restaurants and shopping!

Last Agent to Sell the Property

Leslie Leone

RE/MAX Properties - Newtown License #RS283256 Listed on: 03/13/2018

RE/MAX Properties - Newtown

Last Buyer's Agent

TONY RAGNO

Century 21 Advantage Gold-South Philadelphia

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,167

Year Built

  • 1870

HOA Fees

  • $247 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 465 Sq Ft Home
  • Property has 3 Levels
  • Beamed Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Living Room
  • Tile or Brick Flooring
  • Breakfast Area or Nook
  • Laundry on main level

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Mobility Improvements
  • Property is in good condition

Listing and Financial Details

  • Tax Lot 485
  • Assessor Parcel Number 888056248

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, snow removal, trash, water, sewer, insurance
  • $494 Other One-Time Fees
  • Old City Subdivision

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,167

Year Built

1870

Lot Details

0

HOA Fees

$247 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Traditional
  • Accessibility Features: Mobility Improvements
  • Ownership: Condominium
  • Inclusions: Washer, Dryer, Refrigerator, Murphy Bed
  • New Construction: No
  • Remarks Public: Lovely Studio in the Wireworks Building in Old City. You'll love the 12 ft ceilings, exposed beams, and the abundance of natural light from the huge windows. This condo has been tastefully updated t/o offering a modern kitchen with breakfast bar seating. The bathroom has also been completely remodeled and is neutral to suit most tastes. Very convenient laundry within the unit and surprisingly large closets. Building has a secure entryway, an additional storage unit assigned to the condo, along with a bike storage room. HVAC is about 5 years new. The Wireworks is close to 95 for easy access in & out of the city, and within walking distance to great restaurants and shopping!
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1870

Interior Features

  • Flooring Type: Tile/Brick
  • Interior Amenities: Ceiling Fan(s), Elevator, Exposed Beams, Breakfast Area
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Floors In Unit Count: 2
  • Levels Count: 3+
  • Room Count: 3
  • Room List: Living Room, Primary Bedroom, Kitchen
  • Basement: No
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 465
  • Living Area Sq Ft: 465
  • Net Sq Ft: 465.00
  • Price Per Sq Ft: 429.89
  • Above Grade Finished Sq Ft: 465
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 301

Beds/Baths

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Access To Pool: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 247.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Snow Removal, Trash, Water, Sewer, Insurance
  • HOA: No
  • Senior Community: No

Fee Information

  • Other Fees: 494.00
  • Other Fees Frequency: One Time

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Improvement Assessed Value: 131580.00
  • Land Assessed Value: 23220.00
  • Land Use Code: 590
  • Lot Size Units: Square Feet
  • Property Condition: Good
  • Zoning: CMX3

Rental Info

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

Tax Info

  • Assessor Parcel Number: 1425751
  • Tax Annual Amount: 2167.00
  • Assessor Parcel Number: 888056248
  • Tax Lot: 485
  • Tax Year: 2018
  • Close Date: 06/21/2018

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2018
Closed on
Jun 21, 2018
Sold by
Direnzo Jennifer B
Bought by
Ottaviano Robert D
Seller's Agent
Leslie Leone
RE/MAX Properties - Newtown
Buyer's Agent
TONY RAGNO
Century 21 Advantage Gold-South Philadelphia
List Price
$199,900
Sold Price
$191,000
Premium/Discount to List
-$8,900
-4.45%
Total Days on Market
48
Current Estimated Value
$223,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,661
Avg. Annual Appreciation
2.63%
Original Mortgage
$185,270
Outstanding Balance
$163,214
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$65,577

Purchase Details

Closed on
Jan 12, 2007
Sold by
Bitting James L
Bought by
Direnzo Jennifer B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.23%
Mortgage Type
Unknown

Purchase Details

Closed on
May 25, 2004
Sold by
Hakim Mustafa
Bought by
Bitting James L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,550
Interest Rate
5.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 31, 2001
Sold by
Fries Michael J
Bought by
Hakim Mustafa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,937
Interest Rate
6.89%
Mortgage Type
FHA

Purchase Details

Closed on
May 21, 1996
Sold by
Sovereign Realty 1982 & Vii
Bought by
Fries Michael
Source: Public Records

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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
Ottaviano Robert D $191,000 Colony Abstract Co Inc
Bitting James L $129,000 --
Hakim Mustafa $75,000 --
Fries Michael $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ottaviano Robert D $185,270
Previous Owner Direnzo Jennifer B $139,000
Previous Owner Direnzo Jennifer B $152,000
Previous Owner Bitting James L $20,000
Previous Owner Bitting James L $127,600
Previous Owner Bitting James L $122,550
Previous Owner Hakim Mustafa $72,937
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2018 06/21/18 Sold $191,000 -4.5% $411 / Sq Ft
04/30/2018 04/30/18 Pending -- -- --
03/13/2018 03/13/18 For Sale $199,900 -- $430 / 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 $2,356 $175,000 $26,200 $148,800
2024 $2,356 $175,000 $26,200 $148,800
2023 $2,356 $168,300 $25,200 $143,100
2022 $2,255 $168,300 $25,200 $143,100
2021 $2,255 $0 $0 $0
2020 $2,255 $0 $0 $0
2019 $2,191 $0 $0 $0
2018 $2,167 $0 $0 $0
2017 $2,167 $0 $0 $0
2016 $1,960 $0 $0 $0
2015 $1,876 $0 $0 $0
2014 -- $140,000 $24,200 $115,800
2012 -- $14,176 $2,870 $11,306
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000267174

Bright MLS

APN: 888056248