614 W Master St Unit 2 Philadelphia, PA 19122
Ludlow NeighborhoodEstimated payment $2,330/month
Highlights
- Traditional Architecture
- Laundry Room
- Combination Kitchen and Dining Room
- Wood Flooring
- Forced Air Heating and Cooling System
- 3-minute walk to Cruz Park - Power 99 Parks & Rec
About This Home
TAX ABATEMENT – THREE YEARS REMAINING!
Enjoy zero city tax on the building value for the next three years. With an estimated savings of about $4,000 per year—that’s $12,000 back in your pocket—you’ll have more freedom for upgrades, travel, or simply enjoying rooftop happy hours.
This stunning 5-year-old condo combines luxurious finishes with modern design, highlighted by a spectacular rooftop deck offering panoramic views of Philadelphia. Take in sweeping skyline vistas by day and twinkling city lights by night.
Inside, natural light floods the 3-bedroom, 2-bath residence, which features hardwood floors throughout, an open-concept layout, and high-end finishes. The chef’s kitchen boasts stainless steel appliances, quartz countertops, custom tile backsplash, and sleek white cabinetry, while the bathrooms are elegantly appointed with custom tile work and contemporary fixtures.
Nestled at the crossroads of Ludlow and Olde Kensington, 614 W Master St is just steps from Cruz Playground, a neighborhood gem that doubles as a hub for community gatherings and local pride. You’ll also be a short walk from Fishtown and Northern Liberties, where some of the city’s best dining, nightlife, and neighborhood favorites await.
Location Vibe Check:
*Neighborhood: Ludlow, right between Olde Kensington, Northern Liberties, and Fishtown - walking distance to incredible eats, cafes, and buzz!
* Walk Score: 86/100 - Very Walkable
* Transit Score: 75/100 - Excellent Transit
* Bike Score: 76/100 - Very Bikeable
* Nearby gem: Cruz Playground - cute community hangout a few steps away.
Come see this gem and schedule your appointment or call Gail Tatum for more details.
Don’t miss this opportunity to own a truly exceptional city home.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $720
Year Built
- Built in 2018
Lot Details
- Property is in very good condition
HOA Fees
- $300 Monthly HOA Fees
Parking
- On-Street Parking
Home Design
- Traditional Architecture
- Entry on the 2nd floor
- Brick Exterior Construction
- Masonry
Interior Spaces
- 1,600 Sq Ft Home
- Property has 3.5 Levels
- Family Room
- Combination Kitchen and Dining Room
Kitchen
- Built-In Range
- Built-In Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Stacked Electric Washer and Dryer
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
- Municipal Trash
- Cable TV Available
Listing and Financial Details
- Tax Lot 250
- Assessor Parcel Number 888140982
Community Details
Overview
- Association fees include sewer, water, trash, insurance, exterior building maintenance, common area maintenance
- 2 Units
- Low-Rise Condominium
- 614 Master St Condo Assoc Condos
- Olde Kensington Subdivision
Pet Policy
- Pets allowed on a case-by-case basis
Map
Home Values in the Area
Average Home Value in this Area
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 | $707 | $343,300 | $51,500 | $291,800 |
| 2024 | $707 | $343,300 | $51,500 | $291,800 |
| 2023 | $707 | $336,600 | $50,500 | $286,100 |
| 2022 | $673 | $50,500 | $50,500 | $0 |
| 2021 | $673 | $0 | $0 | $0 |
| 2020 | $673 | $0 | $0 | $0 |
| 2019 | -- | $0 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/28/2025 03/28/25 | Price Changed | $369,900 | -5.1% | $231 / Sq Ft |
| 12/02/2024 12/02/24 | Price Changed | $389,900 | -2.5% | $244 / Sq Ft |
| 10/25/2024 10/25/24 | For Sale | $399,900 | +18.5% | $250 / Sq Ft |
| 12/21/2018 12/21/18 | Sold | $337,500 | -3.5% | $211 / Sq Ft |
| 10/30/2018 10/30/18 | Pending | -- | -- | -- |
| 10/26/2018 10/26/18 | Price Changed | $349,900 | -5.4% | $219 / Sq Ft |
| 10/08/2018 10/08/18 | Price Changed | $369,900 | -2.6% | $231 / Sq Ft |
| 09/10/2018 09/10/18 | Price Changed | $379,900 | -5.0% | $237 / Sq Ft |
| 09/04/2018 09/04/18 | For Sale | $399,900 | -- | $250 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $289,900 | None Available | |
| Deed | $337,500 | None Available | |
| Deed | $10,500 | Springfield Abstract Inc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $286,000 | New Conventional | |
| Closed | $342,124 | New Conventional | |
| Previous Owner | $327,375 | New Conventional |
Source: Bright MLS
MLS Number: PAPH2409730
APN: 888140982
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