NOT LISTED FOR SALE

7111 Germantown Ave Unit 402 Philadelphia, PA 19119

East Mount Airy Neighborhood

Estimated Value: $1,131,810

3 Beds
2.5 Baths
1,855 Sq Ft
$620/mo HOA Fee

Last Sold August 24, 2021

Last sale price $937,800 $506 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $6,949/month

13 Days on Market

Highlights

  • New Construction
  • 1 Detached Carport Space
  • Central Air
  • Wood Flooring
  • Ceiling height of 9 feet or more
  • 2-minute walk to Mt. Airy Playground

About This Home

As of August 2021

19 distinctive and dramatic condominium residences with high-end finishes, significant character, and historic charm in the heart of Mount Airy, one of Philly's hottest and most desirable neighborhoods. On-site covered PARKING INCLUDED. Full 10-YEAR TAX ABATEMENT. Extremely low taxes, condo fees, and utility costs in this energy efficient project. Superior construction includes extra insulation and advanced sound attenuation methods. Many units have SIGNIFICANT OUTDOOR SPACE, including some with ground level space and some with decks with sweeping views. This is an elevator building and is pet friendly. 7111 is comprised of very spacious 1, 2, and 3-bedroom residences, each of which has different layouts and features, including high ceilings, original hardwood floors, and exposed stone and beams. All residences have big windows, open floor plans, excellent space and light, spectacular finishes, ample closets and storage, and hardwood floors throughout. 7111 Germantown Avenue is an adaptive reuse of a historic church annex with all new systems and a newly added, beautifully designed 4th floor. Residences start at $395,000, and there are different price, size, layout, and outdoor options all the way up to magnificent #404 at $1,095,000. 7111 Germantown Avenue is a premier, highly sustainable condominium address in the northwest section of Philadelphia, developed by an award-winning development team. With visually compelling original character and space, along with stunning modern finishes, 7111 Germantown Avenue is easily accessible to so many restaurants, cafes, retail, parks, shopping, library, and more. 5-minute drive to the Wissahickon Valley and miles of wooded trails. 5-minute walk to two SEPTA regional rail lines. And, of course, a quick ride to Chestnut Hill, Center City, Manayunk, and the Main Line. Floorplans available for all units. Renderings shown may not be listed unit. 9 UNITS UNDER CONTRACT. 10 REMAIN AVAILABLE!

Last Agent to Sell the Property

Jeff Block

Compass RE License #AB065556 Listed on: 04/16/2021

Compass RE

Last Buyer's Agent

Jeff Block

Compass RE License #AB065556 Listed on: 04/16/2021

Compass RE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,201

Year Built

  • Built in 2021 | New Construction

HOA Fees

  • $620 Monthly HOA Fees

Interior Spaces

  • 1,855 Sq Ft Home
  • Property has 1 Level
  • Ceiling height of 9 feet or more
  • ENERGY STAR Qualified Doors
  • Wood Flooring

Kitchen

  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry in unit
  • ENERGY STAR Qualified Washer

Home Security

Parking

  • 1 Parking Space
  • 1 Detached Carport Space
  • Private Parking
  • 1 Assigned Parking Space

Accessible Home Design

  • Accessible Elevator Installed

Eco-Friendly Details

  • Energy-Efficient Construction
  • Energy-Efficient HVAC
  • ENERGY STAR Qualified Equipment for Heating

Utilities

  • Central Air
  • Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 775165400

Community Details

Overview

  • $1,240 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, insurance, management, parking fee, reserve funds, sewer, snow removal, trash, water
  • Low-Rise Condominium
  • Built by Bancroft Green
  • Mt Airy Subdivision
  • Property Manager

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Common Area
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,201

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$620 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Inclusions: On-site parking spot, induction range, Washer, Dryer, Refrigerator.
  • New Construction: Yes
  • Story List: Main
  • Year Built: 2021
  • Automatically Close On Close Date: No
  • Remarks Public: 19 distinctive and dramatic condominium residences with high-end finishes, significant character, and historic charm in the heart of Mount Airy, one of Philly's hottest and most desirable neighborhoods. On-site covered PARKING INCLUDED. Full 10-YEAR TAX ABATEMENT. Extremely low taxes, condo fees, and utility costs in this energy efficient project. Superior construction includes extra insulation and advanced sound attenuation methods. Many units have SIGNIFICANT OUTDOOR SPACE, including some with ground level space and some with decks with sweeping views. This is an elevator building and is pet friendly. 7111 is comprised of very spacious 1, 2, and 3-bedroom residences, each of which has different layouts and features, including high ceilings, original hardwood floors, and exposed stone and beams. All residences have big windows, open floor plans, excellent space and light, spectacular finishes, ample closets and storage, and hardwood floors throughout. 7111 Germantown Avenue is an adaptive reuse of a historic church annex with all new systems and a newly added, beautifully designed 4th floor. Residences start at $395,000, and there are different price, size, layout, and outdoor options all the way up to magnificent #404 at $1,095,000. 7111 Germantown Avenue is a premier, highly sustainable condominium address in the northwest section of Philadelphia, developed by an award-winning development team. With visually compelling original character and space, along with stunning modern finishes, 7111 Germantown Avenue is easily accessible to so many restaurants, cafes, retail, parks, shopping, library, and more. 5-minute drive to the Wissahickon Valley and miles of wooded trails. 5-minute walk to two SEPTA regional rail lines. And, of course, a quick ride to Chestnut Hill, Center City, Manayunk, and the Main Line. Floorplans available for all units. Renderings shown may not be listed unit. 9 UNITS UNDER CONTRACT. 10 REMAIN AVAILABLE!
  • Washer Dryer Hookups YN: Yes
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Appliances: Energy Efficient Appliances, Energy Star Clothes Washer, Energy Star Dishwasher, Energy Star Refrigerator
  • Entry Floor: 4
  • Flooring Type: Hardwood
  • Fireplace: No
  • Door Features: Energy Star Qualified Door(s)
  • Wall Ceiling Types: 9'+ Ceilings
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1855
  • Living Area Sq Ft: 1855
  • Price Per Sq Ft: 498.65
  • Above Grade Finished Sq Ft: 1855
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7111

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Mixed
  • Construction Completed: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Carport Spaces: 1
  • Garage: No
  • Parking Features: Private, Assigned
  • Number Of Detached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Carport

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Energy Star Cooling System, Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Energy Star Heating System, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 620.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Management, Parking Fee, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 1240.00

Schools

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

Green Features

  • Efficiency: Construction, Hvac
  • Green Sustainability: Salvaged Materials

Lot Info

  • Zoning: RES

Building Info

  • Builder Name: Bancroft Green

Rental Info

  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 1384743
  • Tax Annual Amount: 2201.19
  • Assessor Parcel Number: 775165400
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 08/24/2021

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
Aug 24, 2021
Sold by
7111 Dev Associates Llc
Bought by
Hei1viann Paul Richard and Heiniann Sally Church
Seller's Agent
Jeff Block
Compass RE
Buyer's Agent
Jeff Block
Compass RE
List Price
$925,000
Sold Price
$937,800
Premium/Discount to List
$12,800
1.38%
Current Estimated Value
$1,131,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,010
Avg. Annual Appreciation
4.82%
Original Mortgage
$532,500
Interest Rate
3.09%
Mortgage Type
New Conventional
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
Hei1viann Paul Richard $937,800 Class Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hei1viann Paul Richard $532,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2021 08/24/21 Sold $937,800 +1.4% $506 / Sq Ft
04/29/2021 04/29/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $925,000 -- $499 / 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 $2,092 $886,200 $150,600 $735,600
2024 $2,092 $886,200 $150,600 $735,600
2023 $2,092 $844,000 $143,500 $700,500
2022 $2,092 $149,443 $143,500 $5,943
Source: Public Records

Agents Affiliated with this Home

  • Jeff Block

    Seller's Agent in 2021

    Jeff Block

    Compass RE

    (215) 833-7088

    18 in this area

    463 Total Sales

    Jeff Block
    Section Image
  • Ian Creech

    Buyer Co-Listing Agent in 2021

    Ian Creech

    Compass RE

    (267) 408-2551

    1 in this area

    36 Total Sales

    Ian Creech
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH1007568

Bright MLS

APN: 888096094

Pennsylvania Philadelphia County Philadelphia 19119 East Mount Airy

7111 Germantown Ave Unit 402, Philadelphia, PA

This home is located at 7111 Germantown Ave Unit 402, Philadelphia, PA 19119 since 16 April 2021 and is currently estimated at $1,131,810, approximately $610 per square foot. This property was built in 2021. 7111 Germantown Ave Unit 402 is a home located in Philadelphia County with nearby schools including Henry H. Houston School, Roxborough High School, and Renaissance Charter School.

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