NOT LISTED FOR SALE

7 N Columbus Blvd Unit 245 Philadelphia, PA 19106

Old City Neighborhood

Estimated Value: $468,000 - $570,000

3 Beds
3.5 Baths
2,229 Sq Ft
$1,153/mo HOA Fee

Last Sold July 25, 2023

Last sale price $439,000 $197 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,296/month

34 Days on Market

Highlights

  • Concierge
  • Pier or Dock
  • Water Oriented
  • 13 Feet of Waterfront
  • 24-Hour Security
  • 2-minute walk to Race Street Pier

About This Home

As of July 2023

Whether you are searching for a primary home, a pied-a-terre, or a retreat-like setting to gather with family and friends, you will find your wishes have come true at Pier 5. Pier 5 at Philadelphia's Penn's Landing is an exquisite waterfront residence that offers a perfect blend of luxurious living, stunning views, and unsurpassed recreational and dining opportunities. The residence is situated on the banks of the Delaware River, close to downtown and all of the arts, culture, recreation, and restaurants the city has to offer, yet residents begin each day watching the sun rise over the Delaware River! You will enjoy a gorgeous view—arguably the best view in town—of the Benjamin Franklin Bridge, and of graceful sailboats reflecting the evening sun. This spacious home offers a picture-perfect view on all three levels, a premium location in Pier 5, closest to the river, and convenient access to your own dedicated parking and the lovely open air community veranda. This newly updated condominium unit features three bedrooms and four bathrooms—three full and one half-bath. The first level has an open floor plan convenient for family life or entertaining. The open kitchen faces a generously-sized dining area that is separated from the living room by a half wall, defining but not isolating, areas for cooking, enjoying meals, and relaxing or entertaining in front of the fireplace. The bright, open kitchen is newly updated with white cabinets, granite countertops, and new appliances. A new half-bath completes the first floor. The entire home was recently very tastefully painted in a soft light shade of grey, perfectly complementing the warm brown hardwood floors, also recently installed throughout. The first floor boasts a wood-burning fireplace and full wall of windows with a view of the Delaware, the Ben Franklin Bridge, Race Street Pier, and the marina. On the second floor, the primary bedroom suite also has a full wall of windows with the same gorgeous view, ample closet space, a separate shower, and a cleverly situated soaking tub with a sliding “pocket” window that can be closed for privacy or opened to take advantage of the view. Completing this level is a second bedroom and a second full bath with a laundry area. The third floor has a generously sized room, a full bath, and a large walk-in closet. This room can be used as a third bedroom, an office, or another family space. Through the sliding doors on the third floor is a lovely private sun deck, a fantastic entertaining space for friends or for a romantic dinner. You’ll find the same stunning view of the river and the Ben Franklin Bridge from the deck. The deck is bright and open, and new composite flooring was recently installed. Pier 5 itself is a special place with an open-air center courtyard filled with beautiful very well-cared for plantings, creating the feeling of a botanical garden. The Pier is perfectly situated with a biking and hiking trail right outside the front door, very easy access to I-95 and the Delaware River bridges to New Jersey, and the countless vibrant recreational, restaurant, entertainment, and historical venues in Penn’s Landing and Old City, not to mention a front row seat to Philadelphia’s fireworks displays!

Last Agent to Sell the Property

Maryann Baenninger

(215) 266-4133 mbaenninger@kw.com Keller Williams Real Estate-Doylestown License #RS359309 Listed on: 06/01/2023

Keller Williams Real Estate-Doylestown

Last Buyer's Agent

Inayah Hart

(267) 331-0071 inayah.hart@compass.com Compass RE

Compass RE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,219

Year Built

  • Built in 1982

Lot Details

  • 2,222

HOA Fees

  • $1,153 Monthly HOA Fees

Parking

  • 1 Assigned Parking Garage Space

Property Views

  • Harbor
  • River
  • Scenic Vista

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Entry on the 2nd floor
  • Masonry

Interior Spaces

  • 2,229 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Wood Burning Fireplace
  • Fireplace With Glass Doors
  • Entrance Foyer
  • Living Room
  • Dining Room

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Water Oriented
  • River Nearby
  • Stream or River on Lot

Utilities

  • Forced Air Heating and Cooling System
  • Electric Baseboard Heater
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • 13 Feet of Waterfront

Listing and Financial Details

  • Tax Lot 199
  • Assessor Parcel Number 888060288

Community Details

Overview

  • $2,306 Capital Contribution Fee
  • Association fees include common area maintenance, pier/dock maintenance, security gate, insurance, parking fee, sewer, snow removal, trash, water
  • Low-Rise Condominium
  • The Residences At Pier 5 Condos
  • Pier 5 Condominiums Community
  • Penn's Landing Subdivision
  • Property Manager

Amenities

  • Concierge
  • Doorman

Recreation

  • Pier or Dock
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,219

Year Built

Built in 1982

Lot Details

0

HOA Fees

$1,153 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional, Unit/Flat, Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Exclusions: Washer, dryer, refrigerator in as-is condition
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2023-06-01
  • Year Built: 1982
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Washer, Dryer, Refrigerator, Oven/Range - Electric, Dishwasher, Disposal
  • Entry Floor: 2
  • Interior Amenities: Floor Plan - Open
  • Fireplace Features: Wood, Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Foyer, Laundry, Primary Bathroom, Full Bath, Half Bath, Additional Bedroom
  • Basement: No
  • Laundry Type: Upper Floor, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 2229
  • Living Area Sq Ft: 2229
  • Price Per Sq Ft: 201.44
  • Above Grade Finished Sq Ft: 2229
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • View: Water, Harbor, River, Scenic Vista
  • Water Access: No
  • Water Body Name: Delaware River
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 13

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Inside Access
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security, Doorman, Resident Manager, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1153.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Residences at Pier 5
  • HOA Condo Co-Op Amenities: Bike Trail, Concierge, Elevator, Jog/Walk Path, Pier/Dock, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pier/Dock Maintenance, Security Gate, Insurance, Parking Fee, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 2306.26

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Zoning: CMX3

Rental Info

  • Ground Rent Exists: No
  • Pets: Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 3412.00
  • Tax Annual Amount: 6219.00
  • Assessor Parcel Number: 888060288
  • Tax Lot: 199
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2024
Sold by
Holloway Aaron
Bought by
Becker Suzanne and Becker William
Current Estimated Value
$498,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$246,703
Interest Rate
6.47%
Mortgage Type
Seller Take Back
Estimated Equity
$252,257

Purchase Details

Listed on
Jun 1, 2023
Closed on
Jul 21, 2023
Sold by
Gerngross Adele W and Spadaro Ruth M
Bought by
Holloway Aaron
Seller's Agent
Maryann Baenninger
Keller Williams Real Estate-Doylestown
Buyer's Agent
Inayah Hart
Compass RE
List Price
$449,000
Sold Price
$439,000
Premium/Discount to List
-$10,000
-2.23%
Views
253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.55%
Original Mortgage
$395,100
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 1992
Bought by
Williams Frank and Williams Adele
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Becker Suzanne $400,000 None Listed On Document
Holloway Aaron $439,000 None Listed On Document
Williams Frank $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Becker Suzanne $250,000
Previous Owner Holloway Aaron $395,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2023 07/25/23 Sold $439,000 -2.2% $197 / Sq Ft
07/06/2023 07/06/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $449,000 0.0% $201 / Sq Ft
02/25/2012 02/25/12 Rented $2,050 -10.9% --
02/07/2012 02/07/12 Under Contract -- -- --
09/26/2011 09/26/11 For Rent $2,300 -- --
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
2026 $6,219 $453,100 $67,900 $385,200
2025 $6,219 $453,100 $67,900 $385,200
2024 $6,219 $453,100 $67,900 $385,200
2023 $6,219 $444,300 $66,600 $377,700
2022 $4,859 $444,300 $66,600 $377,700
2021 $4,859 $0 $0 $0
2020 $4,859 $0 $0 $0
2019 $4,541 $0 $0 $0
2018 $4,244 $0 $0 $0
2017 $4,244 $0 $0 $0
2016 $4,171 $0 $0 $0
2015 $4,726 $0 $0 $0
2014 -- $352,700 $35,270 $317,430
2012 -- $71,360 $2,720 $68,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2240870

Bright MLS

APN: 888060288