NOT LISTED FOR SALE

Estimated Value: $283,000 - $310,000

1 Bed
1 Bath
693 Sq Ft
$328/mo HOA Fee

Last Sold April 30, 2020

Last sale price $281,000 $405 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,210/month

Highlights

  • Main Floor Bedroom
  • Upgraded Countertops
  • Bathtub with Shower
  • Open Floorplan
  • Intercom
  • Recessed Lighting

About This Home

As of April 2020

Here's your chance to own in Rittenhouse and pay less than you would to rent! Welcome to The Addison, a boutique condo building just a few blocks from Rittenhouse Square. This tranquil oasis in the middle of Center City faces onto Addison Street, widely considered to be one of the most beautiful streets in Philadelphia. The entry way features a massive closet, and just past that is the bathroom, which includes in-unit laundry. The bathroom has two doors, so it can be accessed by guests through the hallway, or from the bedroom. The bedroom is a comfortable size, and also features ample closet space. The open concept living room and kitchen has plenty of room for comfortable seating, eating and cooking. The kitchen has granite counter tops and a long peninsula for counter seating, as well as room for a separate dining area. There is a third large closet in the kitchen, perfect for extra pantry storage. This building has several other perks beyond the apartment! First, there's a smart intercom system that allows residents to let in guests remotely or go key free. This makes for easy package delivery, and there is even a dedicated package area in the lobby. In the basement there is an enormous private storage room, dedicated to this apartment alone! There is also a bike room in the basement so you don't need to store your bike in your apartment, and you can either use the stairs or elevator to move between floors. The icing on the cake is the communal roof deck, accessed off the 4th floor with breathtaking Center City views. This location is perfect for the buyer who wants easy, peaceful living, while still being in the heart of it all!

Last Agent to Sell the Property

Leah Strenger

(917) 941-8832 leah@ewrhomes.com Elfant Wissahickon-Rittenhouse Square License #rs328294 Listed on: 03/04/2020

Elfant Wissahickon-Rittenhouse Square

Last Buyer's Agent

Kara Markley

(267) 261-3660 kara.markley@compass.com Compass RE License #AB069433

Compass RE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,698

Year Built

  • Built in 1900

HOA Fees

  • $328 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Entry on the 1st floor
  • Masonry

Interior Spaces

  • 693 Sq Ft Home
  • Property has 1 Level
  • Recessed Lighting
  • Open Floorplan
  • Intercom
  • Basement

Kitchen

  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • En-Suite Bathroom
  • 1 Full Bathroom
  • Bathtub with Shower

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 36 inches wide or more

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 191
  • Assessor Parcel Number 888038186

Community Details

Overview

  • The Addison Condominium HOA
  • Low-Rise Condominium
  • The Addison Community
  • Rittenhouse Square Subdivision

Amenities

  • Community Storage Space
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,698

Year Built

Built in 1900

Lot Details

0

HOA Fees

$328 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: 36"+ Wide Halls, Elevator
  • Ownership: Condominium
  • Inclusions: refrigerator, clothes washer and dryer
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-03-04
  • Year Built: 1900
  • Remarks Public: Here's your chance to own in Rittenhouse and pay less than you would to rent! Welcome to The Addison, a boutique condo building just a few blocks from Rittenhouse Square. This tranquil oasis in the middle of Center City faces onto Addison Street, widely considered to be one of the most beautiful streets in Philadelphia. The entry way features a massive closet, and just past that is the bathroom, which includes in-unit laundry. The bathroom has two doors, so it can be accessed by guests through the hallway, or from the bedroom. The bedroom is a comfortable size, and also features ample closet space. The open concept living room and kitchen has plenty of room for comfortable seating, eating and cooking. The kitchen has granite counter tops and a long peninsula for counter seating, as well as room for a separate dining area. There is a third large closet in the kitchen, perfect for extra pantry storage. This building has several other perks beyond the apartment! First, there's a smart intercom system that allows residents to let in guests remotely or go key free. This makes for easy package delivery, and there is even a dedicated package area in the lobby. In the basement there is an enormous private storage room, dedicated to this apartment alone! There is also a bike room in the basement so you don't need to store your bike in your apartment, and you can either use the stairs or elevator to move between floors. The icing on the cake is the communal roof deck, accessed off the 4th floor with breathtaking Center City views. This location is perfect for the buyer who wants easy, peaceful living, while still being in the heart of it all!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Interior Amenities: Combination Dining/Living, Combination Kitchen/Living, Elevator, Entry Level Bedroom, Flat, Intercom, Kitchen - Island, Primary Bath(s), Recessed Lighting, Tub Shower, Upgraded Countertops
  • Levels Count: 1
  • Basement: Yes
  • Total Sq Ft: 693
  • Living Area Sq Ft: 693
  • Price Per Sq Ft: 404.04
  • Above Grade Finished Sq Ft: 693
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 415

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
  • Type Of Parking: On Street

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 328.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee Frequency: Unknown
  • HOA Condo Co-Op Amenities: Elevator, Extra Storage
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Name: THE ADDISON CONDOMINIUM
  • HOA: Yes
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 224600.00
  • Land Assessed Value: 39600.00
  • Land Use Code: 570
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2020
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4774296
  • School Tax: 2029.00
  • Tax Annual Amount: 3698.00
  • Assessor Parcel Number: 888038186
  • Tax Lot: 191
  • Tax Total Finished Sq Ft: 693
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 04/30/2020

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2020
Closed on
Apr 23, 2020
Sold by
Feldman Candice
Bought by
Lee Patricia
Seller's Agent
Leah Strenger
Elfant Wissahickon-Rittenhouse Square
Buyer's Agent
Kara Markley
Compass RE
List Price
$280,000
Sold Price
$281,000
Premium/Discount to List
$1,000
0.36%
Current Estimated Value
$296,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,524
Avg. Annual Appreciation
0.98%
Original Mortgage
$272,570
Outstanding Balance
$241,005
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$55,519

Purchase Details

Closed on
Mar 13, 2015
Sold by
Feldman Nathan and Feldman Candice
Bought by
Feldman Candice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,400
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2007
Sold by
Wp 415 Nineteenth Lp
Bought by
Feldman Nathan and Feldman Candice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Lee Patricia $281,000 None Available
Feldman Candice -- Accommodation
Feldman Nathan $260,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Patricia $272,570
Previous Owner Feldman Candice $200,400
Previous Owner Feldman Nathan $208,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2020 04/30/20 Sold $281,000 +0.4% $405 / Sq Ft
03/10/2020 03/10/20 Pending -- -- --
03/04/2020 03/04/20 For Sale $280,000 -- $404 / 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 $3,957 $288,300 $43,200 $245,100
2024 $3,957 $288,300 $43,200 $245,100
2023 $3,957 $282,700 $42,400 $240,300
2022 $3,068 $237,700 $42,400 $195,300
2021 $3,698 $0 $0 $0
2020 $3,698 $0 $0 $0
2019 $3,782 $0 $0 $0
2018 $3,688 $0 $0 $0
2017 $3,688 $0 $0 $0
2016 $2,654 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $219,600 $21,960 $197,640
2012 -- $11,264 $3,708 $7,556
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH875500

Bright MLS

APN: 888038186