NOT LISTED FOR SALE

722 N 16th St Unit 3 Philadelphia, PA 19130

Fairmount Neighborhood

Estimated Value: $489,805 - $627,000

2 Beds
2 Baths
1,200 Sq Ft
$100/mo HOA Fee

Last Sold March 01, 2021

Last sale price $432,000 $360 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,051/month

Highlights

  • New Construction
  • 4-minute walk to Fairmount
  • Property is in excellent condition
  • Contemporary Architecture
  • Central Heating and Cooling System
  • 3-minute walk to Francisville Recreation Center

About This Home

As of March 2021

Welcome to 722 N. 16th Street Condos. Located in Fairmount, this must see bi-level condo is surrounded by numerous new constructions and recent rehab projects! The home boasts modern flooring, recessed lighting, low VOC paint throughout the house, high ceilings, smoke/carbon monoxide detectors, fire-sprinkler system, and is also cable ready. Enter the home to be greeted by a well-lit and spacious grand living room. Past the living area you enter into an open-concept kitchen and dining area. The beautifully appointed kitchen is outfitted with soft-close cabinets, modern counter-top, SS appliance package (dishwasher, fridge, range, microwave), chef's faucet, oversized island, and under-mounted sink. The upper level of the home includes the master suite, a bedroom, bathroom, laundry room, the utility closet and access to the private roof-deck. The master suite has a large open bedroom, closet and a spa-like bathroom. The home comes with many upgraded features. Some of the inclusions are: energy efficient HVAC, 1 year builders warranty, 10 year TAX ABATEMENT, spacious bedrooms, lots of storage room, and much more! Some features might be altered as per builder's discretion.

Last Agent to Sell the Property

Harkeet Chadha

(484) 554-9188 harkeetchadha@gmail.com Coldwell Banker Realty License #2293794 Listed on: 10/08/2020

Coldwell Banker Realty

Last Buyer's Agent

Jafar Maleki

(215) 852-2040 info@insightpropertyadvisors.com BHHS Fox & Roach-Center City Walnut License #RS291788

BHHS Fox & Roach-Center City Walnut

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,000

Year Built

  • Built in 2020 | New Construction

Lot Details

  • Property is in excellent condition

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • Property has 2 Levels
  • Finished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 151023010

Community Details

Overview

  • $250 Capital Contribution Fee
  • Association fees include common area maintenance
  • Low-Rise Condominium
  • Fairmount Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,000

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Exclusions: Washer/ Dryer
  • New Construction: Yes
  • Story List: Lower 1, Main
  • Year Built: 2020
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 722 N. 16th Street Condos. Located in Fairmount, this must see bi-level condo is surrounded by numerous new constructions and recent rehab projects! The home boasts modern flooring, recessed lighting, low VOC paint throughout the house, high ceilings, smoke/carbon monoxide detectors, fire-sprinkler system, and is also cable ready. Enter the home to be greeted by a well-lit and spacious grand living room. Past the living area you enter into an open-concept kitchen and dining area. The beautifully appointed kitchen is outfitted with soft-close cabinets, modern counter-top, SS appliance package (dishwasher, fridge, range, microwave), chef's faucet, oversized island, and under-mounted sink. The upper level of the home includes the master suite, a bedroom, bathroom, laundry room, the utility closet and access to the private roof-deck. The master suite has a large open bedroom, closet and a spa-like bathroom. The home comes with many upgraded features. Some of the inclusions are: energy efficient HVAC, 1 year builders warranty, 10 year TAX ABATEMENT, spacious bedrooms, lots of storage room, and much more! Some features might be altered as per builder's discretion.
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Price Per Sq Ft: 375.00
  • Above Grade Finished Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 722

Beds/Baths

  • Bedrooms: 2
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Lower Levels Bathrooms: 2
  • Lower Levels Bathrooms: 2.00
  • Lower Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • 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: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 100.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 250.00

Schools

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

Lot Info

  • Lot Dimensions: 26.00 x 71.00
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: RM1

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1393980
  • Tax Annual Amount: 1000.00
  • Assessor Parcel Number: 151023010
  • Tax Year: 2020
  • Close Date: 03/01/2021

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2020
Sold by
Pmj Development Llc
Bought by
Ferraro Audrey
Current Estimated Value
$542,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$419,040
Interest Rate
2.9%
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
Ferraro Audrey $432,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferraro Audrey $419,040
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2021 03/01/21 Sold $432,000 -4.0% $360 / Sq Ft
10/08/2020 10/08/20 Pending -- -- --
10/08/2020 10/08/20 For Sale $449,999 -- $375 / 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 $862 $430,900 $64,600 $366,300
2024 $862 $430,900 $64,600 $366,300
2023 $862 $410,400 $61,600 $348,800
2022 $862 $61,600 $61,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Harkeet Chadha

    Seller's Agent in 2021

    Harkeet Chadha

    Coldwell Banker Realty

    (484) 554-9188

    5 in this area

    134 Total Sales

    Harkeet Chadha
    Section Image
  • Jafar Maleki

    Buyer's Agent in 2021

    Jafar Maleki

    BHHS Fox & Roach

    (215) 852-2040

    8 in this area

    71 Total Sales

    Jafar Maleki
    Section Image
  • Julian Orsuto

    Buyer Co-Listing Agent in 2021

    Julian Orsuto

    BHHS Fox & Roach

    (215) 627-6005

    7 in this area

    88 Total Sales

    Julian Orsuto
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH943614

Bright MLS

APN: 888155006

Pennsylvania Philadelphia County Philadelphia 19130 Fairmount

722 N 16th St Unit 3, Philadelphia, PA

This home is located at 722 N 16th St Unit 3, Philadelphia, PA 19130 since 08 October 2020 and is currently estimated at $542,451, approximately $452 per square foot. This property was built in 2020. 722 N 16th St Unit 3 is a home located in Philadelphia County with nearby schools including Laura Wheeler Waring Public School, Benjamin Franklin High School, and People For People Charter School.

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