NOT LISTED FOR SALE

Estimated Value: $260,000 - $302,000

1 Bed
1 Bath
800 Sq Ft
$358/mo HOA Fee

Last Sold June 05, 2024

Last sale price $260,000 $325 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,200/month

66 Days on Market

Highlights

  • Open Floorplan
  • Forced Air Heating and Cooling System
  • Property is in excellent condition
  • Stainless Steel Appliances
  • Ceiling Fan
  • 3-minute walk to Welcome Park

About This Home

As of June 2024

Nestled within the historic charm of Old City, The Wireworks presents a distinctive opportunity in condominium living. This loft condominium showcases one of the most coveted floor plans within the building. Perched above the manicured, serene entry courtyard and spanning 800 square feet, it features an inviting open kitchen adorned with wood cabinetry, stone countertops, a stylish tile backsplash, and stainless steel appliances. The kitchen seamlessly flows into the adjacent dining area, looking into the spacious living room adorned with soaring timber-beamed ceilings. Continuing the theme of rustic elegance, the timber-beamed ceilings extend into the bedroom, which also boasts a generous double wall closet and a north-facing window. A tastefully appointed bathroom awaits, complete with ample vanity storage and a convenient tub and shower combination just steps away from the bedroom.This residence offers practical amenities, including an in-unit washer and dryer, pull-down stair access for additional storage within the condo, a dedicated storage locker on the courtyard level, and a bicycle storage room. The building is renowned for its exceptional maintenance, attentive management, and meticulous care. With low condo fees and a pet-friendly policy (allowing one pet per condo weighing under 60 pounds), residents can enjoy peace of mind and convenience. Recent upgrades to the common areas, including the entry lobby, hallways, and courtyard, further enhance the appeal of this exceptional property. Experience the perfect blend of historic allure and modern comfort at The Wireworks. FHA & VA financing accepted.Immerse yourself in the vibrant pulse of Philadelphia's Old City with effortless access to local gems. Indulge in culinary delights at beloved spots such as Cafe Ole, Race Street Cafe, Kisso Sushi, and more, all within easy reach. Wander down Race Street to uncover a treasure trove of shops, eateries, and bars that line Market Street, where the bustling energy of the city comes to life.Convenience awaits with the Market Street line just a hop away, offering seamless transportation in and out of town. Explore the city's green spaces with leisurely walks to Franklin Square Park and Washington Square Park, perfect for enjoying the outdoors.Imbued with rich history, your surroundings boast iconic landmarks including Independence Mall, The Liberty Bell, Elfreth's Alley, and The Betsy Ross House, inviting you to delve into the storied past of America's birthplace. Experience the quintessential charm and endless possibilities of Old City living, where every corner is steeped in culture and heritage.

Last Agent to Sell the Property

Stephen Ferguson

Compass RE License #RS271804 Listed on: 03/06/2024

Compass RE

Co-Listed By

Sabrina Cwenar

Compass RE

Last Buyer's Agent

Tom Weeks

BHHS Fox & Roach-Haverford

BHHS Fox & Roach-Haverford

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,544

Year Built

  • Built in 1870

Lot Details

  • Sprinkler System
  • Historic Home
  • Property is in excellent condition

HOA Fees

  • $358 Monthly HOA Fees

Home Design

  • Masonry

Interior Spaces

  • 800 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments
  • Carpet

Kitchen

  • Electric Oven or Range
  • Stove
  • Built-In Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Rented or Permit Required

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 494
  • Assessor Parcel Number 888056266

Community Details

Overview

  • $716 Capital Contribution Fee
  • Association fees include exterior building maintenance, snow removal, sewer, insurance, all ground fee, common area maintenance, lawn maintenance, management, pest control, trash
  • $200 Other One-Time Fees
  • 97 Units
  • Mid-Rise Condominium
  • Wireworks Condos
  • Old City Subdivision
  • Property Manager

Amenities

  • Common Area

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,544

Year Built

Built in 1870

Lot Details

0

HOA Fees

$358 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Historic: Yes
  • Inclusions: Refrigerator, Clothes Washer and Dryer, 1 Storage locker on the Courtyard level.
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1870
  • Automatically Close On Close Date: No
  • Remarks Public: Nestled within the historic charm of Old City, The Wireworks presents a distinctive opportunity in condominium living. This loft condominium showcases one of the most coveted floor plans within the building. Perched above the manicured, serene entry courtyard and spanning 800 square feet, it features an inviting open kitchen adorned with wood cabinetry, stone countertops, a stylish tile backsplash, and stainless steel appliances. The kitchen seamlessly flows into the adjacent dining area, looking into the spacious living room adorned with soaring timber-beamed ceilings. Continuing the theme of rustic elegance, the timber-beamed ceilings extend into the bedroom, which also boasts a generous double wall closet and a north-facing window. A tastefully appointed bathroom awaits, complete with ample vanity storage and a convenient tub and shower combination just steps away from the bedroom. This residence offers practical amenities, including an in-unit washer and dryer, pull-down stair access for additional storage within the condo, a dedicated storage locker on the courtyard level, and a bicycle storage room. The building is renowned for its exceptional maintenance, attentive management, and meticulous care. With low condo fees and a pet-friendly policy (allowing one pet per condo weighing under 60 pounds), residents can enjoy peace of mind and convenience. Recent upgrades to the common areas, including the entry lobby, hallways, and courtyard, further enhance the appeal of this exceptional property. Experience the perfect blend of historic allure and modern comfort at The Wireworks. FHA & VA financing accepted. Immerse yourself in the vibrant pulse of Philadelphia's Old City with effortless access to local gems. Indulge in culinary delights at beloved spots such as Cafe Ole, Race Street Cafe, Kisso Sushi, and more, all within easy reach. Wander down Race Street to uncover a treasure trove of shops, eateries, and bars that line Market Street, where the bustling energy of the city comes to life. Convenience awaits with the Market Street line just a hop away, offering seamless transportation in and out of town. Explore the city's green spaces with leisurely walks to Franklin Square Park and Washington Square Park, perfect for enjoying the outdoors. Imbued with rich history, your surroundings boast iconic landmarks including Independence Mall, The Liberty Bell, Elfreth's Alley, and The Betsy Ross House, inviting you to delve into the storied past of America's birthplace. Experience the quintessential charm and endless possibilities of Old City living, where every corner is steeped in culture and heritage.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Freezer, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Stove, Washer, Water Heater
  • Entry Floor: 3
  • Interior Amenities: Carpet, Ceiling Fan(s), Floor Plan - Open, Sprinkler System, Window Treatments
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 800
  • Living Area Sq Ft: 800
  • Price Per Sq Ft: 331.25
  • Above Grade Finished Sq Ft: 800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 301

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
  • Parking Features: Rented/Permit Required
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup, 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: 358.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Wireworks
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Extra Storage, Storage Bin
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Snow Removal, Sewer, Insurance, All Ground Fee, Common Area Maintenance, Lawn Maintenance, Management, Pest Control, Trash
  • HOA: No
  • Senior Community: No

Fee Information

  • Other Fees: 200.00
  • Other Fees Frequency: One Time
  • Capital Contribution Fee: 716.00

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
  • Property Condition: Very Good, Excellent
  • Year Assessed: 2023
  • Zoning: CMX3

Rental Info

  • Lease Considered: No
  • Pets: Case By Case Basis, Number Limit, Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 1944.00
  • Tax Annual Amount: 3544.00
  • Assessor Parcel Number: 888056266
  • Tax Lot: 494
  • Tax Total Finished Sq Ft: 800
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 06/05/2024

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2024
Closed on
May 24, 2024
Sold by
Cresci John Charles and Cresci-Benjamin Anne-Marie
Bought by
Highland Robert and Highland Eileen
Seller's Agent
Stephen Ferguson
Compass RE
Buyer's Agent
Tom Weeks
BHHS Fox & Roach-Haverford
List Price
$275,000
Sold Price
$260,000
Premium/Discount to List
-$15,000
-5.45%
Views
116
Current Estimated Value
$282,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,562
Avg. Annual Appreciation
5.54%

Purchase Details

Closed on
Jan 11, 1996
Sold by
Sovereign Realty 1982 & Vii
Bought by
Cresci John C and Cresci Margaret R
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
Highland Robert $260,000 None Listed On Document
Cresci John C $79,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cresci John C $237,500
Previous Owner Cresci John C $241,800
Previous Owner Cresci John C $120,000
Previous Owner Cresci John C $116,300
Previous Owner Cresci John C $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2024 06/05/24 Sold $260,000 -1.9% $325 / Sq Ft
05/04/2024 05/04/24 Price Changed $265,000 -3.6% $331 / Sq Ft
03/06/2024 03/06/24 For Sale $275,000 -- $344 / 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 $3,544 $263,300 $39,400 $223,900
2024 $3,544 $263,300 $39,400 $223,900
2023 $3,544 $253,200 $37,900 $215,300
2022 $3,392 $253,200 $37,900 $215,300
2021 $3,392 $0 $0 $0
2020 $3,392 $0 $0 $0
2019 $3,294 $0 $0 $0
2018 $3,294 $0 $0 $0
2017 $3,294 $0 $0 $0
2016 $2,926 $0 $0 $0
2015 $2,801 $0 $0 $0
2014 -- $209,000 $41,700 $167,300
2012 -- $21,184 $4,289 $16,895
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2328336

Bright MLS

APN: 888056266