NOT LISTED FOR SALE

Estimated Value: $207,261 - $242,000

1 Bed
1 Bath
730 Sq Ft
$271/mo HOA Fee

Last Sold August 29, 2013

Last sale price $195,000 $267 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,737/month

56 Days on Market

Highlights

  • 1 Acre Lot
  • Eat-In Kitchen
  • Mobility Improvements
  • Wood Flooring
  • Living Room
  • 4-minute walk to The Rail Park

About This Home

As of August 2013

Old Shoe Factory Lofts: Live in this former shoe factory, which was converted into pet-friendly LOFT condominiums in 2001. This Center City building is located in the rapidly transforming Loft District across from the under-construction Goldtex Building. This unit features original factory hardwood floors, exposed brick, a enormous window wall offering North views. The kitchen was renovated less than 3 years ago with glass tile backsplash and new stainless steel appliances. Unit comes complete with washer/dryer located in the elevated bedroom area. Other neighborhood highlights include close proximity to Reading Viaduct, which is being developed into a park similar to New York's Highline. Easy access to Broad Street Line, 1-95, 676/76, Ben Franklin Parkway, and neighborhood eateries. Many parking lots nearby. This is a fantastic opportunity to buy into an area that is seeing rapid development on N Broad Street. There is a special assessment of $37.92/m until the end of 2013.

Last Agent to Sell the Property

Neeraj Jassal

Rosedale Real Estate LLC License #RS280105 Listed on: 06/03/2013

Last Buyer's Agent

Kristin McFeely

Compass RE License #RS288562

Compass RE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,424

Year Built

  • Built in 2003

Lot Details

  • 1

HOA Fees

  • $271 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 730 Sq Ft Home
  • Living Room
  • Wood Flooring
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater

Additional Features

  • Mobility Improvements
  • Property is in good condition

Listing and Financial Details

  • Tax Lot 546
  • Assessor Parcel Number 888057574

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, snow removal, trash, electricity, heat, water, cook fee, insurance
  • $892 Other One-Time Fees
  • Loft District Subdivision

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,424

Year Built

Built in 2003

Lot Details

0

HOA Fees

$271 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Loft With Bedrooms
  • Accessibility Features: Mobility Improvements
  • Ownership: Condominium
  • New Construction: No
  • Year Built: 2003
  • Year Renovated: 2003
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Flooring Type: Wood
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Floors In Unit Count: 7
  • Room List: Living Room, Primary Bedroom, Kitchen
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 730
  • Living Area Sq Ft: 730
  • Net Sq Ft: 730.00
  • Price Per Sq Ft: 301.23
  • Above Grade Finished Sq Ft: 730
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 314

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Completed: No
  • Exterior Features: Sidewalks
  • 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
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 271.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Snow Removal, Trash, Electricity, Heat, Water, Cook Fee, Insurance
  • HOA: No

Fee Information

  • Other Fees: 892.00
  • Other Fees Frequency: One Time

Schools

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

Lot Info

  • Land Use Code: 590
  • Lot Size Acres: 1.00
  • Lot Dimensions: 1
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43560.00
  • Property Condition: Good
  • Zoning: G2

Rental Info

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

Tax Info

  • Tax Annual Amount: 3424.00
  • Assessor Parcel Number: 888057574
  • Tax Lot: 546
  • Tax Year: 2013
  • Close Date: 08/29/2013

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2013
Closed on
Aug 29, 2013
Sold by
Newton Joyce and Newton Robert
Bought by
Parker Derek
Seller's Agent
Neeraj Jassal
Rosedale Real Estate LLC
Buyer's Agent
Kristin McFeely
Compass RE
List Price
$219,900
Sold Price
$195,000
Premium/Discount to List
-$24,900
-11.32%
Current Estimated Value
$223,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,287
Avg. Annual Appreciation
1.21%

Purchase Details

Closed on
Sep 9, 2005
Sold by
Guerrero Casey E
Bought by
Newton Robert and Newton Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
5.79%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 2, 2003
Sold by
Federman Jonathan S
Bought by
Guerrero Casey F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,800
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2002
Sold by
Old Shoe Partners
Bought by
Federman Jonathan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.27%
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
Parker Derek $195,000 None Available
Newton Robert $235,000 Lawyers Title Insurance Corp
Guerrero Casey F $184,000 --
Federman Jonathan S $156,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parker Derek $155,000
Previous Owner Newton Robert $188,000
Previous Owner Guerrero Casey F $174,800
Previous Owner Federman Jonathan S $125,000
Closed Federman Jonathan S $16,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2013 08/29/13 Sold $195,000 -11.3% $267 / Sq Ft
07/29/2013 07/29/13 Pending -- -- --
06/03/2013 06/03/13 For Sale $219,900 -- $301 / 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 $2,927 $209,100 $20,900 $188,200
2024 $2,927 $209,100 $20,900 $188,200
2023 $2,927 $209,100 $20,900 $188,200
2022 $2,801 $209,100 $20,900 $188,200
2021 $2,801 $0 $0 $0
2020 $2,801 $0 $0 $0
2019 $2,501 $0 $0 $0
2018 $2,084 $0 $0 $0
2017 $2,084 $0 $0 $0
2016 $2,084 $0 $0 $0
2015 $1,995 $0 $0 $0
2014 -- $148,900 $14,890 $134,010
2012 -- $35,040 $537 $34,503
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003471906

Bright MLS

APN: 888057574