NOT LISTED FOR SALE

Estimated Value: $540,000 - $621,000

6 Beds
3 Baths
2,400 Sq Ft
$238/Sq Ft Est. Value

Last Sold June 12, 2024

Last sale price $545,000 $227 Per Sq Ft

Current estimated payment $3,020/month

4 Days on Market

Highlights

  • New Construction
  • 90% Forced Air Heating and Cooling System
  • 1-minute walk to Vidas Athletic Complex
  • No HOA
  • Property is in excellent condition

About This Home

As of June 2024

"Welcome to this stunning brand new construction home nestled in the heart of University City, featuring 6 bedrooms and 3 bathrooms. As you enter, you're greeted by a spacious open layout that seamlessly connects the living room, dining room, and chef's kitchen with a convenient sit-in island and ample two-tone cabinets for storage, quartz counter top and new appliances. The kitchen leads to a large private backyard space, perfect for hosting BBQs and outdoor gatherings.

Moving to the second floor, you'll find two generously sized bedrooms with closet space, accompanied by a full bathroom. The third floor also offers two large bedrooms and another full bathroom. The top floor is a true gem, boasting a spacious roof-deck with breathtaking views of the Philadelphia skyline, providing an ideal space for both entertaining and relaxation.

The lower floor features two more spacious bedrooms with closet space, a full bathroom, high ceilings, and a convenient laundry room.

This home is adorned with modern white oak hardwood floors throughout, exuding a contemporary and sophisticated charm. Natural light floods the interior, creating a welcoming and uplifting ambiance in every room and high ceilings throughout. With all-new mechanicals, plumbing, and systems, this home offers the assurance of worry-free living for years to come.

Situated in the prime location of University City, this property offers close proximity to Drexel University, the University of Pennsylvania, and top medical institutions, making it an ideal place to live or a perfect investment opportunity with es estimated rental income of $5,000/Month.

Act fast, this is a great opportunity in one of the fastest developing areas in the country.

Last Agent to Sell the Property

Reda Akbil

Compass RE License #RS337002 Listed on: 05/23/2024

Compass RE

Last Buyer's Agent

Deannah Shaheen

Compass RE License #RS344948

Compass RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $355

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 935 Sq Ft Lot
  • Lot Dimensions are 15.00 x 61.00
  • Property is in excellent condition
  • Property is zoned RSA5

Interior Spaces

  • 2,400 Sq Ft Home
  • Property has 1 Level
  • Finished Basement
  • Sump Pump

Bedrooms and Bathrooms

  • 6 Main Level Bedrooms
  • 3 Full Bathrooms

Utilities

  • 90% Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • University City Subdivision

Listing and Financial Details

  • Tax Lot 138
  • Assessor Parcel Number 061245800

Home Details

Home Type

Single Family

Est. Annual Taxes

$355

Year Built

Built in 2024 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Ownership: Fee Simple
  • Inclusions: Appliances, W/D
  • New Construction: Yes
  • Story List: Main
  • Expected On Market: 2024-05-23
  • Year Built: 2024
  • Automatically Close On Close Date: No
  • Remarks Public: "Welcome to this stunning brand new construction home nestled in the heart of University City, featuring 6 bedrooms and 3 bathrooms. As you enter, you're greeted by a spacious open layout that seamlessly connects the living room, dining room, and chef's kitchen with a convenient sit-in island and ample two-tone cabinets for storage, quartz counter top and new appliances. The kitchen leads to a large private backyard space, perfect for hosting BBQs and outdoor gatherings. Moving to the second floor, you'll find two generously sized bedrooms with closet space, accompanied by a full bathroom. The third floor also offers two large bedrooms and another full bathroom. The top floor is a true gem, boasting a spacious roof-deck with breathtaking views of the Philadelphia skyline, providing an ideal space for both entertaining and relaxation. The lower floor features two more spacious bedrooms with closet space, a full bathroom, high ceilings, and a convenient laundry room. This home is adorned with modern white oak hardwood floors throughout, exuding a contemporary and sophisticated charm. Natural light floods the interior, creating a welcoming and uplifting ambiance in every room and high ceilings throughout. With all-new mechanicals, plumbing, and systems, this home offers the assurance of worry-free living for years to come. Situated in the prime location of University City, this property offers close proximity to Drexel University, the University of Pennsylvania, and top medical institutions, making it an ideal place to live or a perfect investment opportunity with es estimated rental income of $5,000/Month. Act fast, this is a great opportunity in one of the fastest developing areas in the country.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Sump Pump, Fully Finished
  • Total Sq Ft: 2400
  • Living Area Sq Ft: 2400
  • Price Per Sq Ft: 232.92
  • Above Grade Finished Sq Ft: 2400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 447

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 6
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Completed: No
  • 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: 90% Forced Air, Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Land Use Code: SR
  • Lot Size Acres: 0.02
  • Lot Dimensions: 15.00 x 61.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 935.00
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 195.00
  • Tax Annual Amount: 355.00
  • Assessor Parcel Number: 061245800
  • Tax Lot: 138
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/12/2024

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Jul 15, 2024
Sold by
Casablanca Investors Llc
Bought by
Narkhede Suyog Ramdas
Seller's Agent
Reda Akbil
Compass RE
Buyer's Agent
Deannah Shaheen
Compass RE
List Price
$559,000
Sold Price
$545,000
Premium/Discount to List
-$14,000
-2.5%
Views
1
Current Estimated Value
$546,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,121
Avg. Annual Appreciation
1.63%
Original Mortgage
$517,750
Outstanding Balance
$513,833
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$41,572

Purchase Details

Closed on
Dec 20, 2016
Sold by
Willams Jewell
Bought by
Casablanca Investors Llc

Purchase Details

Closed on
Dec 5, 1969
Bought by
King Eugene G and King Maxine M
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
Narkhede Suyog Ramdas $545,000 None Listed On Document
Casablanca Investors Llc $52,000 Land Title Building
King Eugene G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Narkhede Suyog Ramdas $517,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2024 06/12/24 Sold $545,000 -2.5% $227 / Sq Ft
05/23/2024 05/23/24 For Sale $559,000 -- $233 / 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 $356 $73,000 $73,000 --
2024 $356 $73,000 $73,000 --
2023 $356 $25,400 $25,400 $0
2022 $458 $25,400 $25,400 $0
2021 $458 $0 $0 $0
2020 $458 $0 $0 $0
2019 $458 $0 $0 $0
2018 $458 $0 $0 $0
2017 $458 $0 $0 $0
2016 $98 $0 $0 $0
2015 $94 $0 $0 $0
2014 -- $7,000 $7,000 $0
2012 -- $704 $704 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2357446

Bright MLS

APN: 061245800