NOT LISTED FOR SALE

Estimated Value: $503,000 - $678,000

2 Beds
2 Baths
1,300 Sq Ft
$350/mo HOA Fee

Last Sold April 15, 2016

Last sale price $455,000 $350 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,602/month

3 Days on Market

Highlights

  • Newly Remodeled
  • 2-minute walk to 2Nd Street
  • En-Suite Primary Bedroom
  • Eat-In Kitchen
  • Living Room
  • 4-minute walk to Girard Fountain Park

About This Home

As of April 2016

Become an owner of The Residences at 304 featuring modern, NEW CONSTRUCTION lofts in the heart of Old City!! This amazing fourth (top) floor unit is in a completely remodeled elevator building in the best location of Old City. Walk out your door to take advantage of the many great restaurants, bars, and shopping of your new neighborhood! With a private interior staircase, this 1300 square foot unit will feature hardwood floors throughout, quartz/granite countertops, custom cabinets, central heat and air, and washer and dryer in a separate laundry room! This loft style condo features an open floor plan with extraordinary vaulted ceilings with skylight. The kitchen has plenty of cabinet space, tile backsplash, dishwasher, refrigerator, oven, stove, range hood, microwave, and wine cooler. The kitchen's large island with seating separates it from the spacious living room and dining area with loft ceilings, recessed LED lighting, exposed ductwork, and a large built in bookcase. There is a full bathroom accessible from the main area with a tub/shower combination, modern Fresca toilet and vanity, and custom tile floor. The first bedroom will be located on Market Street and features brand new energy-efficient and sound-insulated windows. This bedroom will be separated from the main area by beautiful French doors and features a built in bookcase and large closet. The master bedroom is located at the rear of the unit and is also separated from the main area by French doors. The master bedroom features a walk-in closet with an en suite full bathroom with a custom tile shower, frameless glass shower doors, and a large, modern Fresca vanity and toilet. There is a spacious laundry room with a full size washer and dryer next to the master bathroom. The laundry room also has plenty of space for storage. Conveniently located at Market Street and 3rd Street, just minutes from Center City and Society Hill. Public transportation is at your doorstep with many bus lines running down Market Street and the Market Street subway line. I-95, 676, and the Ben Franklin Bridge are easily accessible by car. Delivery now. Seller has applied for a 10-year tax abatement.

Last Agent to Sell the Property

Mike Maher

Houwzer, LLC License #200200212 Listed on: 02/03/2016

Houwzer, LLC

Last Buyer's Agent

John Patrick

KW Greater West Chester License #RM423959

KW Greater West Chester

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,100

Year Built

  • Built in 2006 | Newly Remodeled

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • Rented or Permit Required

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,300 Sq Ft Home
  • Property has 3 Levels
  • Family Room
  • Living Room
  • Dining Room
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating Available
  • Programmable Thermostat
  • Electric Water Heater

Community Details

  • Old City Subdivision

Listing and Financial Details

  • Tax Lot 274
  • Assessor Parcel Number 888058666

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,100

Year Built

Built in 2006 | Newly Remodeled

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Loft With Bedrooms
  • Ownership: Condominium
  • New Construction: Yes
  • Year Built: 2006
  • Remarks Public: Become an owner of The Residences at 304 featuring modern, NEW CONSTRUCTION lofts in the heart of Old City!! This amazing fourth (top) floor unit is in a completely remodeled elevator building in the best location of Old City. Walk out your door to take advantage of the many great restaurants, bars, and shopping of your new neighborhood! With a private interior staircase, this 1300 square foot unit will feature hardwood floors throughout, quartz/granite countertops, custom cabinets, central heat and air, and washer and dryer in a separate laundry room! This loft style condo features an open floor plan with extraordinary vaulted ceilings with skylight. The kitchen has plenty of cabinet space, tile backsplash, dishwasher, refrigerator, oven, stove, range hood, microwave, and wine cooler. The kitchen's large island with seating separates it from the spacious living room and dining area with loft ceilings, recessed LED lighting, exposed ductwork, and a large built in bookcase. There is a full bathroom accessible from the main area with a tub/shower combination, modern Fresca toilet and vanity, and custom tile floor. The first bedroom will be located on Market Street and features brand new energy-efficient and sound-insulated windows. This bedroom will be separated from the main area by beautiful French doors and features a built in bookcase and large closet. The master bedroom is located at the rear of the unit and is also separated from the main area by French doors. The master bedroom features a walk-in closet with an en suite full bathroom with a custom tile shower, frameless glass shower doors, and a large, modern Fresca vanity and toilet. There is a spacious laundry room with a full size washer and dryer next to the master bathroom. The laundry room also has plenty of space for storage. Conveniently located at Market Street and 3rd Street, just minutes from Center City and Society Hill. Public transportation is at your doorstep with many bus lines running down Market Street and the Market Street subway line. I-95, 676, and the Ben Franklin Bridge are easily accessible by car. Delivery now. Seller has applied for a 10-year tax abatement.
  • Special Features: 4098
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Floors In Unit Count: 4
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1300
  • Living Area Sq Ft: 1300
  • Net Sq Ft: 1300.00
  • Price Per Sq Ft: 350.00
  • Above Grade Finished Sq Ft: 1300
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 304

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: Yes
  • 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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Electric, Programmable Thermostat
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 350.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: No

Schools

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

Lot Info

  • Improvement Assessed Value: 302940.00
  • Land Assessed Value: 33660.00
  • Land Use Code: 570
  • Lot Size Units: Square Feet
  • Zoning: CMX3

Green Features

  • R Factor Ceilings: R
  • R Factor Ext Walls: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1414200
  • Tax Annual Amount: 2100.00
  • Assessor Parcel Number: 888058666
  • Tax Lot: 274
  • Tax Year: 2015
  • Close Date: 04/15/2016

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2016
Closed on
Apr 15, 2016
Sold by
Filachek Michael
Bought by
Capik Nicholas J and Capik Cynthia M
Seller's Agent
Mike Maher
Houwzer, LLC
Buyer's Agent
John Patrick
KW Greater West Chester
List Price
$454,999
Sold Price
$455,000
Premium/Discount to List
$1
0.0%
Current Estimated Value
$560,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,237
Avg. Annual Appreciation
2.23%
Original Mortgage
$445,500
Interest Rate
3.73%
Mortgage Type
VA

Purchase Details

Closed on
May 6, 2010
Sold by
Bahateridis Nicholas and Baridis Anna
Bought by
Filachek Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,750
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2005
Sold by
Powell Donald G
Bought by
Bahateridis Nicholas and Baridis Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac
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
Capik Nicholas J $455,000 None Available
Filachek Michael $385,000 None Available
Bahateridis Nicholas $415,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Capik Nicholas J $400,540
Closed Capik Nicholas J $445,500
Previous Owner Filachek Michael $365,750
Previous Owner Bahateridis Nicholas $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2016 04/15/16 Sold $455,000 0.0% $350 / Sq Ft
02/06/2016 02/06/16 Pending -- -- --
02/03/2016 02/03/16 For Sale $454,999 0.0% $350 / Sq Ft
10/14/2013 10/14/13 Rented $1,950 -15.2% --
10/09/2013 10/09/13 Under Contract -- -- --
07/09/2013 07/09/13 For Rent $2,300 -- --
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 $2,218 $442,000 $66,200 $375,800
2024 $2,218 $442,000 $66,200 $375,800
2023 $2,218 $437,200 $65,500 $371,700
2022 $2,153 $158,425 $65,500 $92,925
2021 $2,153 $0 $0 $0
2020 $2,153 $0 $0 $0
2019 $2,071 $0 $0 $0
2018 $1,833 $0 $0 $0
2017 $1,833 $0 $0 $0
2016 $4,712 $0 $0 $0
2015 $2,274 $0 $0 $0
2014 -- $336,600 $33,660 $302,940
2012 -- $41,248 $10,120 $31,128
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002381800

Bright MLS

APN: 888058666