Seller's Agent in 2023
Jody Volpe
Keller Williams Main Line
(215) 620-1395
1 in this area
5 Total Sales
742 S 2nd St Philadelphia, PA 19147
Queen Village NeighborhoodEstimated Value: $1,328,000 - $1,511,000
--
Bed
4
Baths
4,000
Sq Ft
$352/Sq Ft
Est. Value
Highlights
- New Construction
- Straight Thru Architecture
- Combination Kitchen and Living
- Open Floorplan
- Main Floor Bedroom
- 3-minute walk to Mario Lanza Park
About This Home
As of January 2023Luxurious condo living in Queen Village in the highly desirable Meredith catchment! These impeccably designed condos are newly constructed and feature 3 bedrooms in each unit. Enjoy one year of pre-paid parking in a nearby lot. The architectural exterior design features a traditional facade that is reflective of the colonial era with limestone and brick and a black standing seam metal mansard roof. The first floor boasts over 1,200 sq feet of living space with GE stainless steel appliances, quartz countertops, vinyl flooring throughout. This bi-level unit features a u-shaped kitchen, living room, with access to a private rear patio, and a full bed and bath on the entry level, the lower level features 2 bedrooms and 1 full bath for optimal privacy. With multiple storage closets and laundry on the lower level. The second unit features over 1,800 sq ft of living space and 3 floors of spacious living. Enjoy a stunning kitchen with quartz countertops and bar. The second floor features 2 bedrooms and one full bath along with a tiled laundry room. The third floor is a private owner suite with spectacular luxury spa-like bathroom, soaking tub, separate shower, and plenty of storage space with an additional linen closet. Enjoy his /her closets, wet bar, and private staircase to roof deck. The roof deck has 360 degree view of the city, the bridge, and river views, this massive space is great for a peaceful retreat or additional hosting space for guests. 10 Year Tax Abatement Pending.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,908
Year Built
- Built in 2022 | New Construction
Lot Details
- Lot Dimensions are 15.00 x 60.00
- Property is in excellent condition
Parking
- On-Street Parking
Home Design
- Duplex
- Straight Thru Architecture
- Traditional Architecture
- Concrete Perimeter Foundation
- Masonry
Interior Spaces
- Open Floorplan
- Recessed Lighting
- Combination Kitchen and Living
- Dining Area
- Finished Basement
Kitchen
- Eat-In Kitchen
- Gas Oven or Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- Main Floor Bedroom
- Soaking Tub
- Walk-in Shower
Laundry
- Dryer
- Washer
Outdoor Features
- Patio
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Community Details
- Queen Village Subdivision
- 2 Vacant Units
Listing and Financial Details
- Tax Lot 138
- Assessor Parcel Number 023106800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 24, 2022
Closed on
Jan 25, 2023
Sold by
742 South 2Nd Street Llc
Bought by
Jarrah Andrew A
Seller's Agent
Jody Volpe
Keller Williams Main Line
Buyer's Agent
Amanda Turske
Long & Foster Real Estate, Inc.
List Price
$1,360,000
Sold Price
$1,245,000
Premium/Discount to List
-$115,000
-8.46%
Total Days on Market
103
Views
88
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,448
Avg. Annual Appreciation
5.35%
Original Mortgage
$929,850
Outstanding Balance
$905,442
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$501,006
Purchase Details
Closed on
Feb 16, 2021
Sold by
River Ward Development Llc
Bought by
742 South 2Nd Street Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$773,650
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jun 10, 2020
Sold by
Gizinski Robert J
Bought by
River Ward Development Llc
Purchase Details
Closed on
Jun 27, 1986
Bought by
Gizinski Robert J
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jarrah Andrew A | $1,245,000 | -- | |
| 742 South 2Nd Street Llc | $310,000 | Guaranteed Land Abstract Llc | |
| River Ward Development Llc | $255,000 | Trident Land Transfer Co Lp | |
| Gizinski Robert J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jarrah Andrew A | $929,850 | |
| Previous Owner | 742 S 2Nd Street Llc | $200,000 | |
| Previous Owner | 742 South 2Nd Street Llc | $773,650 | |
| Previous Owner | River Ward Development Llc | $359,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/31/2023 01/31/23 | Sold | $1,245,000 | -8.5% | $311 / Sq Ft |
| 12/05/2022 12/05/22 | Pending | -- | -- | -- |
| 12/05/2022 12/05/22 | For Sale | $1,360,000 | +9.2% | $340 / Sq Ft |
| 11/22/2022 11/22/22 | Off Market | $1,245,000 | -- | -- |
| 11/11/2022 11/11/22 | Price Changed | $1,360,000 | -2.9% | $340 / Sq Ft |
| 09/23/2022 09/23/22 | Price Changed | $1,400,000 | -6.5% | $350 / Sq Ft |
| 08/24/2022 08/24/22 | For Sale | $1,498,000 | -- | $375 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $5,909 | $1,236,500 | $247,300 | $989,200 |
| 2024 | $5,909 | $1,236,500 | $247,300 | $989,200 |
| 2023 | $5,909 | $422,100 | $84,420 | $337,680 |
| 2022 | $5,909 | $422,100 | $84,420 | $337,680 |
| 2021 | $3,137 | $0 | $0 | $0 |
| 2020 | $3,137 | $0 | $0 | $0 |
| 2019 | $3,137 | $0 | $0 | $0 |
| 2018 | $3,137 | $0 | $0 | $0 |
| 2017 | $3,137 | $0 | $0 | $0 |
| 2016 | $3,137 | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $311,900 | $47,970 | $263,930 |
| 2012 | -- | $23,904 | $10,199 | $13,705 |
Source: Public Records
Agents Affiliated with this Home
-
Jody Volpe
-
Becky Bostic
Seller Co-Listing Agent in 2023
Becky Bostic
Keller Williams Main Line
(215) 313-1930
1 in this area
205 Total Sales
-
Amanda Turske
Buyer's Agent in 2023
Amanda Turske
Long & Foster
(267) 303-6892
1 in this area
45 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH2137032
APN: 023106800
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