NOT LISTED FOR SALE

Estimated Value: $204,783 - $219,000

1 Bed
1 Bath
711 Sq Ft
$649/mo HOA Fee

Last Sold March 21, 2023

Last sale price $195,000 $274 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,071/month

256 Days on Market

Highlights

  • Concierge
  • 3-minute walk to 12Th-13Th & Locust St
  • Elevator
  • Fitness Center
  • Contemporary Architecture
  • Security Service

About This Home

As of March 2023

Welcome home to 1324 Locust #1405, a gorgeous corner unit located in the heart of Center City boasting 1 bed and 1 bath in a full service condo building. Enter to a sun soaked and open concept kitchen and living area with hardwood floors throughout and large windows that let light in from two directions. The kitchen features a breakfast bar, updated appliances, stone countertops and ample cabinetry. Travel to your bedroom with even more direct sunlight and tons of closet space and on to the hallway bathroom with shower/bath combo, tiled floors and vanity with storage. Two well sized closets complete the unit. This home is in a primary location just steps from City Hall, 13th Street restaurants, and a short walk to Rittenhouse Square Park, restaurants and shops. Enjoy the building's luxury perks such as a 24/7 doorman and security, bike storage room, gym and salon!

The City of Philadelphia has completed a real estate tax reassessment, effective January 1, 2023. If you have any questions or concerns about the impact of this reassessment on future real estate taxes, please contact the City of Philadelphia. Compass RE is not involved in the City of Philadelphia’s tax reassessment and does not have any input or control in the results.

Last Agent to Sell the Property

Patrick Campbell

Compass RE License #RS286983 Listed on: 05/25/2022

Compass RE

Last Buyer's Agent

Andrew Blumberg

BHHS Fox & Roach At the Harper, Rittenhouse Square

BHHS Fox & Roach At the Harper, Rittenhouse Square

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,819

Year Built

  • Built in 1900

HOA Fees

  • $649 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Masonry

Interior Spaces

  • 711 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Public Septic

Listing and Financial Details

  • Tax Lot 140
  • Assessor Parcel Number 888115842

Community Details

Overview

  • $1,299 Capital Contribution Fee
  • Association fees include common area maintenance, cable TV, custodial services maintenance, water, air conditioning, electricity
  • Mid-Rise Condominium
  • Washington Sq West Subdivision

Amenities

  • Concierge
  • Elevator

Recreation

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,819

Year Built

Built in 1900

Lot Details

0

HOA Fees

$649 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome home to 1324 Locust #1405, a gorgeous corner unit located in the heart of Center City boasting 1 bed and 1 bath in a full service condo building. Enter to a sun soaked and open concept kitchen and living area with hardwood floors throughout and large windows that let light in from two directions. The kitchen features a breakfast bar, updated appliances, stone countertops and ample cabinetry. Travel to your bedroom with even more direct sunlight and tons of closet space and on to the hallway bathroom with shower/bath combo, tiled floors and vanity with storage. Two well sized closets complete the unit. This home is in a primary location just steps from City Hall, 13th Street restaurants, and a short walk to Rittenhouse Square Park, restaurants and shops. Enjoy the building's luxury perks such as a 24/7 doorman and security, bike storage room, gym and salon! The City of Philadelphia has completed a real estate tax reassessment, effective January 1, 2023. If you have any questions or concerns about the impact of this reassessment on future real estate taxes, please contact the City of Philadelphia. Compass RE is not involved in the City of Philadelphia’s tax reassessment and does not have any input or control in the results.
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 711
  • Living Area Sq Ft: 711
  • Price Per Sq Ft: 309.28
  • Above Grade Finished Sq Ft: 711
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1324

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • 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: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 649.48
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Concierge, Elevator, Exercise Room, Fitness Center, Security
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Cable Tv, Custodial Services Maintenance, Water, Air Conditioning, Electricity
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 1298.96

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 183400.00
  • Land Assessed Value: 18000.00
  • Land Use Code: 590
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2023
  • Zoning: CMX5

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4834105
  • School Tax: 1546.00
  • Tax Annual Amount: 2819.00
  • Assessor Parcel Number: 888115842
  • Tax Lot: 140
  • Tax Total Finished Sq Ft: 711
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 03/21/2023

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2022
Closed on
Mar 15, 2023
Sold by
Gehret Charis Y
Bought by
Su Alex
Seller's Agent
Patrick Campbell
Compass RE
Buyer's Agent
Andrew Blumberg
BHHS Fox & Roach At the Harper, Rittenhouse Square
List Price
$234,900
Sold Price
$195,000
Premium/Discount to List
-$39,900
-16.99%
Total Days on Market
256
Views
22
Current Estimated Value
$211,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,446
Avg. Annual Appreciation
3.73%
Original Mortgage
$189,150
Outstanding Balance
$184,257
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$27,189

Purchase Details

Closed on
Sep 11, 2007
Sold by
Arts Tower Development Lp
Bought by
Gehret Charis Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Su Alex $195,000 Trident Land Transfer
Gehret Charis Y $272,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Su Alex $189,150
Previous Owner Gehret Charis Y $150,000
Previous Owner Gehret Charis Y $204,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2023 03/21/23 Sold $195,000 -11.3% $274 / Sq Ft
02/05/2023 02/05/23 Pending -- -- --
06/28/2022 06/28/22 Price Changed $219,900 -6.4% $309 / Sq Ft
05/25/2022 05/25/22 For Sale $234,900 -- $330 / 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 $2,819 $201,400 $18,000 $183,400
2024 $2,819 $201,400 $18,000 $183,400
2023 $2,819 $201,400 $18,000 $183,400
2022 $2,819 $201,400 $18,000 $183,400
2021 $2,766 $0 $0 $0
2020 $2,766 $0 $0 $0
2019 $2,686 $0 $0 $0
2018 $2,534 $0 $0 $0
2017 $2,534 $0 $0 $0
2016 $2,072 $0 $0 $0
2015 $1,983 $0 $0 $0
2014 -- $148,000 $11,300 $136,700
2012 -- $11,904 $2,368 $9,536
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2121082

Bright MLS

APN: 888115842