NOT LISTED FOR SALE

Estimated Value: $324,115 - $369,000

1 Bed
1 Bath
855 Sq Ft
1900 Built

Highlights

  • Traditional Architecture
  • 4-minute walk to 2Nd Street
  • Dogs and Cats Allowed
  • No HOA
  • 90% Forced Air Heating and Cooling System
  • 1-minute walk to Girard Fountain Park

About This Home

As of April 2023

This 1-Bedroom/1-Bathroom Apartment is located in a 19-unit building in the heart of Old City at 3rd and Arch. You will be within walking distance to tons of great restaurants, bars, and shops while also being surrounded by some of Philadelphia's most historic landmarks! You will love the endless options you have for entertainment with this location. This apartment will be available in mid-May and it is not one you want to miss out on!

Enter the apartment and immediately fall in love with the hardwood flooring, tall ceilings, and large windows which allow plenty of natural light to pour in and make the entire space feel incredibly open and bright. The living room is spacious and can accommodate a sectional, coffee table, TV stand, and more! There is an unobstructed sight line into the kitchen which creates an open concept floor plan that everyone loves. There is enough space to accommodate a six-seat dining set as well!

The kitchen has been recently renovated and looks absolutely stunning. It includes dark oak cabinets with brushed nickel hardware, granite countertops, stainless steel refrigerator, electric range, microwave, and dishwasher! There is plenty of storage space throughout the oversized cabinets and there is enough counterspace to prepare any meal you can imagine! There is an additional wall of cabinets past the kitchen which is the perfect spot for a wet bar!

The bedroom is located on the lower level of this bi-level apartment which ensures plenty of privacy when you have guests over. The bedroom is spacious and can accommodate a queen-sized bed with ease! It also includes carpet flooring, a large closet which is perfect for storage and organization, and large windows which allow even more natural light to pour in. There is also an exposed brick wall which adds the perfect pop of character to the space!

The bathroom is luxurious and includes stone tile flooring, a large vanity with plenty of storage, and a full-sized bathtub/shower with an incredible tile surround that extends around the perimeter of the entire bathroom. This bathroom truly feels like having a spa inside your own home!

*DISCLAIMER: Photos on this listing are from Unit 3D. Finishes will vary but size and layout are identical.

There is a water usage fee of $30.00 due in addition to rent each month. Residents are responsible for electric and cable/internet as well- there is no gas in apartment. Building contains small gym for residents use at no additional cost! Cats and small dogs permitted with $500.00 deposit!

Conveniently located near Arch St, Front St and Market St and all major transportation. Easily accessible to I-95, I-676. Walking distance to plenty of restaurants, cafes, Independence Hall, Liberty Bell, and plenty of entertainment!

All Bay Management Group Philadelphia residents are automatically enrolled in the Resident Benefits Package (RBP) for $39.95/month, which includes renters insurance, credit building to help boost your credit score with timely rent payments, $1M Identity Protection, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, and much more! The Resident Benefits Package is a voluntary program and may be terminated at any time, for any reason, upon thirty (30) days’ written notice. Tenants that do not upload their own renters insurance to the Tenant portal 5 days prior to move in will be automatically included in the RBP and the renters insurance program. More details upon application.

Application Qualifications: Minimum monthly income is 3 times the tenant’s portion of the monthly rent, acceptable rental history, acceptable credit history and acceptable criminal history. More specific information provided with the application.

Last Agent to Rent the Property

Bay Management

(267) 244-7215 leasing@bmgphilly.com Bay Management Group Philadelphia Listed on: 04/26/2023

Last Renter's Agent

Bay Management

(267) 244-7215 leasing@bmgphilly.com Bay Management Group Philadelphia Listed on: 04/26/2023

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,458

Year Built

  • Built in 1900

Home Design

  • 855 Sq Ft Home
  • Traditional Architecture
  • Entry on the 1st floor
  • Masonry

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit

Utilities

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

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,950
  • 12-Month Min and 60-Month Max Lease Term
  • Available 5/21/23
  • $50 Application Fee
  • Assessor Parcel Number 888059526

Community Details

Overview

  • No Home Owners Association
  • Mid-Rise Condominium
  • Old City Subdivision
  • Property has 5 Levels

Pet Policy

  • Pet Size Limit
  • Pet Deposit $500
  • Dogs and Cats Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,458

Year Built

Built in 1900

Lot Details

0

Rental Info

  • Date Available: 2023-05-21
  • Application Fee: 50.00
  • Pet Deposit: 500.00
  • Pets: Pet Addendum/Deposit, Dogs Ok, Cats Ok, Size/Weight Restriction
  • Pets Allowed: Yes
  • Security Deposit: 1950.00
  • Vacation Rental: No
  • Max Lease in Months: 60
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Traditional
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2, Upper 3, Upper 4
  • Year Built: 1900
  • Remarks Public: This 1-Bedroom/1-Bathroom Apartment is located in a 19-unit building in the heart of Old City at 3rd and Arch. You will be within walking distance to tons of great restaurants, bars, and shops while also being surrounded by some of Philadelphia's most historic landmarks! You will love the endless options you have for entertainment with this location. This apartment will be available in mid-May and it is not one you want to miss out on! Enter the apartment and immediately fall in love with the hardwood flooring, tall ceilings, and large windows which allow plenty of natural light to pour in and make the entire space feel incredibly open and bright. The living room is spacious and can accommodate a sectional, coffee table, TV stand, and more! There is an unobstructed sight line into the kitchen which creates an open concept floor plan that everyone loves. There is enough space to accommodate a six-seat dining set as well! The kitchen has been recently renovated and looks absolutely stunning. It includes dark oak cabinets with brushed nickel hardware, granite countertops, stainless steel refrigerator, electric range, microwave, and dishwasher! There is plenty of storage space throughout the oversized cabinets and there is enough counterspace to prepare any meal you can imagine! There is an additional wall of cabinets past the kitchen which is the perfect spot for a wet bar! The bedroom is located on the lower level of this bi-level apartment which ensures plenty of privacy when you have guests over. The bedroom is spacious and can accommodate a queen-sized bed with ease! It also includes carpet flooring, a large closet which is perfect for storage and organization, and large windows which allow even more natural light to pour in. There is also an exposed brick wall which adds the perfect pop of character to the space! The bathroom is luxurious and includes stone tile flooring, a large vanity with plenty of storage, and a full-sized bathtub/shower with an incredible tile surround that extends around the perimeter of the entire bathroom. This bathroom truly feels like having a spa inside your own home! *DISCLAIMER: Photos on this listing are from Unit 3D. Finishes will vary but size and layout are identical. There is a water usage fee of $30.00 due in addition to rent each month. Residents are responsible for electric and cable/internet as well- there is no gas in apartment. Building contains small gym for residents use at no additional cost! Cats and small dogs permitted with $500.00 deposit! Conveniently located near Arch St, Front St and Market St and all major transportation. Easily accessible to I-95, I-676. Walking distance to plenty of restaurants, cafes, Independence Hall, Liberty Bell, and plenty of entertainment! All Bay Management Group Philadelphia residents are automatically enrolled in the Resident Benefits Package (RBP) for $39.95/month, which includes renters insurance, credit building to help boost your credit score with timely rent payments, $1M Identity Protection, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, and much more! The Resident Benefits Package is a voluntary program and may be terminated at any time, for any reason, upon thirty (30) days’ written notice. Tenants that do not upload their own renters insurance to the Tenant portal 5 days prior to move in will be automatically included in the RBP and the renters insurance program. More details upon application. Application Qualifications: Minimum monthly income is 3 times the tenant’s portion of the monthly rent, acceptable rental history, acceptable credit history and acceptable criminal history. More specific information provided with the application.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Levels Count: 5
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 855
  • Living Area Sq Ft: 855
  • Price Per Sq Ft: 2.28
  • Above Grade Finished Sq Ft: 855
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 59

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level 2 Bathrooms: 1.00
  • Upper Level 2 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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: 90% Forced Air
  • 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
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Land Use Code: 590
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Zoning: CMX3

Tax Info

  • Assessor Parcel Number: 5585356
  • Assessor Parcel Number: 888059526
  • Tax Total Finished Sq Ft: 855
  • Close Date: 04/28/2023

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2017
Sold by
Merchants Row Associates Lp
Bought by
Merchants Row Properites Llc
Current Estimated Value
$344,529

Purchase Details

Closed on
May 28, 2014
Sold by
Cambridge Associates Real Estate Lp
Bought by
Merchants Row Associates Lp
Source: Public Records

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 Buyer Sale Price Title Company
Merchants Row Properites Llc $7,400,000 None Available
Merchants Row Associates Lp $5,000,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cambridge Associates Real Estate Lp $4,800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Rented $1,950 0.0% --
04/28/2023 04/28/23 Off Market $1,950 -- --
04/26/2023 04/26/23 For Rent $1,950 -12.4% --
09/28/2020 09/28/20 Rented $2,225 -3.1% --
09/03/2020 09/03/20 Price Changed $2,295 -2.3% $2 / Sq Ft
08/24/2020 08/24/20 Price Changed $2,350 -1.9% $2 / Sq Ft
08/10/2020 08/10/20 For Rent $2,395 -- --
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 $4,458 $324,800 $42,100 $282,700
2024 $4,458 $324,800 $42,100 $282,700
2023 $4,458 $318,500 $41,300 $277,200
2022 $4,328 $318,500 $41,300 $277,200
2021 $4,328 $0 $0 $0
2020 $4,328 $0 $0 $0
2019 $4,122 $0 $0 $0
2018 $3,852 $0 $0 $0
2017 $4,720 $0 $0 $0
2016 $3,493 $0 $0 $0
2015 $4,007 $0 $0 $0
2014 -- $299,000 $29,900 $269,100
2012 -- $41,056 $8,213 $32,843
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2228690

Bright MLS

APN: 888059526