NOT LISTED FOR SALE

Estimated Value: $386,959 - $429,000

2 Beds
2 Baths
1,050 Sq Ft
1900 Built

Highlights

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

About This Home

As of November 2020

Price reflects 1/2 month free on a 12 month lease. 1 month free available on an 18 month lease. Base price $2495/month. LIMITED TIME SPECIAL! $500 Security Deposit! Here's your chance to live in a rare corner 2 bed, 2 bath in Merchant's Row! This stunning unit has historic windows facing on 3rd and Arch street along with a nice sized living room, two large bedrooms and connecting bathrooms, beautiful kitchen with stainless steel appliances, full-sized washer dryer in unit and tons of natural light. This building is one of Old City's most elegant boutique buildings with elevator and intercom access. Full service gym in the building and pets are welcome with a one time $350 deposit. Amazing location right in the heart of Old City close to I-95, 676, best bars and restaurants in the city. Many monthly parking garages within a block or two of the building. Available October 31st! Please note this is a non-smoking building.

Last Agent to Rent the Property

Jaime Hyman

(610) 613-1297 jaime.melman@compass.com Compass RE Listed on: 10/06/2020

Compass RE

Last Renter's Agent

Jaime Hyman

(610) 613-1297 jaime.melman@compass.com Compass RE Listed on: 10/06/2020

Compass RE

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,189

Year Built

  • Built in 1900

Home Design

  • Traditional Architecture
  • Entry on the 4th floor
  • Masonry

Interior Spaces

  • 1,050 Sq Ft Home
  • Property has 1 Level
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $500
  • Tenant pays for electricity, cable TV
  • Rent includes water
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 11/1/20
  • Assessor Parcel Number 888059544

Community Details

Overview

  • No Home Owners Association
  • Mid-Rise Condominium
  • Merchants Row Community
  • Old City Subdivision

Pet Policy

  • Pet Deposit $350
  • Dogs and Cats Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,189

Year Built

Built in 1900

Lot Details

0

Rental Info

  • Date Available: 2020-11-01
  • Lease Term: 12 Months
  • Pet Deposit: 350.00
  • Pets: Cats Ok, Dogs Ok, Pet Addendum/Deposit
  • Pets Allowed: Yes
  • Rent Includes: Water
  • Security Deposit: 500.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Electricity, Cable Tv
  • Vacation Rental: No
  • Max Lease in Months: 24
  • 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
  • Year Built: 1900
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Washer, Dryer, Dishwasher
  • Entry Floor: 4
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1050
  • Living Area Sq Ft: 1050
  • Price Per Sq Ft: 2.28
  • Above Grade Finished Sq Ft: 1050
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 59

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

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: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Zoning: CMX1

Tax Info

  • Assessor Parcel Number: 888059544
  • Close Date: 11/05/2020

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
$411,490

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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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
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
11/05/2020 11/05/20 Rented $2,495 +4.2% --
10/26/2020 10/26/20 Price Changed $2,395 -2.0% $2 / Sq Ft
10/21/2020 10/21/20 Price Changed $2,445 -3.9% $2 / Sq Ft
10/06/2020 10/06/20 For Rent $2,545 -- --
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 $5,189 $378,100 $49,000 $329,100
2024 $5,189 $378,100 $49,000 $329,100
2023 $5,189 $370,700 $48,100 $322,600
2022 $5,038 $370,700 $48,100 $322,600
2021 $5,038 $0 $0 $0
2020 $5,038 $0 $0 $0
2019 $4,799 $0 $0 $0
2018 $4,323 $0 $0 $0
2017 $4,720 $0 $0 $0
2016 $3,919 $0 $0 $0
2015 $4,496 $0 $0 $0
2014 -- $335,500 $33,550 $301,950
2012 -- $48,576 $9,715 $38,861
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH942674

Bright MLS

APN: 888059544