$270,000
SOLD OCT 23, 2024
1 Bed
1 Bath
777 Sq Ft
$256/mo HOA Fee

Recently Sold

$347 Per Sq Ft

10% Below List Price

144 Days on Market

Highlights

  • Wood Flooring
  • 5-minute walk to 5Th Street
  • Walk-In Closet
  • Upgraded Countertops
  • Stainless Steel Appliances
  • 1-minute walk to Girard Fountain Park

About This Home

As of October 2024

Welcome to 315 Arch St #301, where modern comfort meets historic charm in the heart of Philadelphia's Old City area. This 1-bedroom, 1-bathroom condo nestled within the prestigious 315 Flats building offers a lifestyle of luxury and convenience. Upon entering the building, residents are greeted by the welcoming lobby adorned with marble floors and an advanced Intercom/camera system ensuring top-notch security. Ascend to the third floor where Unit 301 awaits, boasting tall ceilings and oversized windows that flood the space with natural light. The kitchen features stainless steel appliances, granite countertops, white cabinets and an expansive peninsula that overlooks the living area. The living and dining room area offers picturesque views of the historic Quaker Meeting House, setting the scene for memorable gatherings. The bathroom boasts a tub/shower and tile floors. For added convenience, an in-unit washer & dryer are located in a dedicated closet. Retreat to the spacious bedroom boasting 10-foot ceilings, oversized windows and walk-in closet. Located just steps away from a plethora of amenities including excellent restaurants, shops, Spruce Harbor Park, Independence Hall, and Philadelphia's most historic sites. Embrace the vibrant energy of Old City living while enjoying the unparalleled comfort of 315 Arch St #301. Total monthly condo fee is $377.35 which includes the special assessment fee of $121.54 per month.

Last Agent to Sell the Property

Thomas Toole III

RE/MAX Main Line-West Chester License #RS228901 Listed on: 03/29/2024

RE/MAX Main Line-West Chester

Co-Listed By

Blaise Leuzzi

Keller Williams Main Line License #RS365277

Last Buyer's Agent

Lenka Holgren

Compass RE License #RS339024

Compass RE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,859

Year Built

  • Built in 1900

HOA Fees

  • $256 Monthly HOA Fees

Home Design

  • Masonry

Interior Spaces

  • 777 Sq Ft Home
  • Property has 1 Level
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • Combination Dining and Living Room
  • Monitored

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 351
  • Assessor Parcel Number 888038348

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance, snow removal, trash
  • $122 Other Monthly Fees
  • Mid-Rise Condominium
  • Madison Parke Condos
  • Old City Subdivision

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,859

Year Built

Built in 1900

Lot Details

0

HOA Fees

$256 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
  • Exclusions: All tenants property & personal belongings.
  • Inclusions: Washer & Dryer
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-03-29
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 315 Arch St #301, where modern comfort meets historic charm in the heart of Philadelphia's Old City area. This 1-bedroom, 1-bathroom condo nestled within the prestigious 315 Flats building offers a lifestyle of luxury and convenience. Upon entering the building, residents are greeted by the welcoming lobby adorned with marble floors and an advanced Intercom/camera system ensuring top-notch security. Ascend to the third floor where Unit 301 awaits, boasting tall ceilings and oversized windows that flood the space with natural light. The kitchen features stainless steel appliances, granite countertops, white cabinets and an expansive peninsula that overlooks the living area. The living and dining room area offers picturesque views of the historic Quaker Meeting House, setting the scene for memorable gatherings. The bathroom boasts a tub/shower and tile floors. For added convenience, an in-unit washer & dryer are located in a dedicated closet. Retreat to the spacious bedroom boasting 10-foot ceilings, oversized windows and walk-in closet. Located just steps away from a plethora of amenities including excellent restaurants, shops, Spruce Harbor Park, Independence Hall, and Philadelphia's most historic sites. Embrace the vibrant energy of Old City living while enjoying the unparalleled comfort of 315 Arch St #301. Total monthly condo fee is $377.35 which includes the special assessment fee of $121.54 per month.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Oven/Range - Electric, Stainless Steel Appliances, Dryer, Washer
  • Entry Floor: 3
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior Amenities: Combination Dining/Living, Recessed Lighting, Bathroom - Tub Shower, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Levels Count: 1
  • Room List: Living Room, Kitchen, Bedroom 1, Full Bath
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 777
  • Living Area Sq Ft: 777
  • Price Per Sq Ft: 353.93
  • Above Grade Finished Sq Ft: 777
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 315

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
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 255.81
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Madison Parke
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Snow Removal, Trash
  • HOA: No
  • Senior Community: No

Fee Information

  • Other Fees: 121.54
  • Other Fees Frequency: Monthly

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 590
  • Lot Features: Level
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2023
  • Zoning: CMX3

Rental Info

  • Pets: Case By Case Basis, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 2117.00
  • Tax Annual Amount: 3859.00
  • Assessor Parcel Number: 888038348
  • Tax Lot: 351
  • Tax Total Finished Sq Ft: 777
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 10/23/2024

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2024
Closed on
Sep 19, 2024
Sold by
Irshad Samia and Ahmad Samia
Bought by
Zaheri Golshan
Seller's Agent
Thomas Toole III
RE/MAX Main Line-West Chester
Buyer's Agent
Lenka Holgren
Compass RE
List Price
$299,000
Sold Price
$270,000
Premium/Discount to List
-$29,000
-9.7%
Views
78
Current Estimated Value
$267,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,350
Avg. Annual Appreciation
3.23%
Original Mortgage
$256,500
Outstanding Balance
$253,932
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$23,379

Purchase Details

Closed on
Sep 8, 2006
Sold by
315 Arch Street Realty 2005 Lp
Bought by
Ahmad Samia and Farooq Irshad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $270,000 Sqs Square Settlements
Condominium Deed $290,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $256,500 New Conventional
Previous Owner $145,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2024 10/23/24 Sold $270,000 -1.8% $347 / Sq Ft
08/21/2024 08/21/24 Pending -- -- --
08/15/2024 08/15/24 Price Changed $275,000 -1.4% $354 / Sq Ft
07/03/2024 07/03/24 Price Changed $279,000 -3.5% $359 / Sq Ft
05/31/2024 05/31/24 Price Changed $289,000 -3.3% $372 / Sq Ft
03/29/2024 03/29/24 For Sale $299,000 0.0% $385 / Sq Ft
11/23/2022 11/23/22 Rented $1,650 0.0% --
11/17/2022 11/17/22 Under Contract -- -- --
10/27/2022 10/27/22 Price Changed $1,650 -5.7% $2 / Sq Ft
10/21/2022 10/21/22 Price Changed $1,750 -5.4% $2 / Sq Ft
10/01/2022 10/01/22 For Rent $1,850 -- --
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 $3,859 $288,100 $40,300 $247,800
2024 $3,859 $288,100 $40,300 $247,800
2023 $3,859 $275,700 $38,600 $237,100
2022 $3,859 $275,700 $38,600 $237,100
2021 $3,821 $0 $0 $0
2020 $3,821 $0 $0 $0
2019 $3,711 $0 $0 $0
2018 $3,704 $0 $0 $0
2017 $4,124 $0 $0 $0
2016 $2,973 $0 $0 $0
2015 $2,846 $0 $0 $0
2014 -- $212,400 $21,240 $191,160
2012 -- $24,032 $4,806 $19,226
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2333444

Bright MLS

APN: 888038348