NOT LISTED FOR SALE

Estimated Value: $520,000 - $596,000

2 Beds
2 Baths
1,322 Sq Ft
$433/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $539,995 $408 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,356/month

About This Home

As of October 2021

Excellent rental opportunity fully furnished with two 60" TV's! Welcome to the 575 South Condos, a recently built boutique community located just steps from the King of Prussia Town Center. This 2-bedroom 2 full bath 5th floor condo is perfect for anyone who is interested in low maintenance living at its best! Unit 502 features upgraded finishes throughout including white oak floors throughout the entire unit, white soft close drawers and door cabinetry in the kitchen, Quartz countertops in the kitchen and master bath, Kitchen Aid oven, microware, dishwasher, refrigerator, Samsung washer & dryer plus balcony with excellent 5th floor views! Residents of 575 South enjoy fantastic on-site amenities to further enhance their busy lifestyle include a rooftop lounge with gorgeous views of Valley Forge Park, movie theater room, golf simulator, billiards table, Starbucks coffee machine, lounge area with dual sided fireplace with wet bar and multiple areas to enjoy with your friends and family after a night out in the Town Center. The images and video speak for themselves! Best of all, the 575 South Condo complex boasts an excellent location for enjoying upscale shopping and dining. The property is within walking distance of 20 restaurants & bars, plenty of shopping and Wegmans supermarket is only blocks away for all your food shopping needs. The community is also convenient to major highways including I-76, I-476, Routes 422, 202, and the PA Turnpike. Additional amenities include a beautiful lobby, state of the art mailroom with Luxor drop boxes & large fridge for grocery deliveries, 3 season room, outdoor patio, gas grilles, fire pit, both private garage & surface parking spaces, bike storage plus a state-of-the-art fitness room with Peloton and Life Fitness Equipment. Deposit and one month's rent due at lease signing. Tenant is responsible to obtain renter's insurance. Pet's allowed with some limitations and additional deposit. Rent then Purchase opportunity available! All "utilities and fees" are included in the rent except for electric! You have to see this property to believe it so call to make an appointment right away!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2021
Closed on
Oct 1, 2021
Sold by
Toll Pa Viii Lp
Bought by
Shah Trust
Seller's Agent
shelby goodman
Toll Brothers Real Estate, Inc.
Buyer's Agent
Michael Choplin
RE/MAX Services
List Price
$554,995
Sold Price
$539,995
Premium/Discount to List
-$15,000
-2.7%
Current Estimated Value
$571,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,004
Avg. Annual Appreciation
2.01%
Original Mortgage
$431,996
Interest Rate
2.15%
Mortgage Type
New Conventional

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Shah Trust $539,995 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shah Trust $431,996
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2024 04/01/24 Rented $3,200 -15.8% --
03/06/2024 03/06/24 Under Contract -- -- --
02/09/2024 02/09/24 Price Changed $3,800 -5.0% $3 / Sq Ft
09/18/2023 09/18/23 For Rent $4,000 0.0% --
10/22/2021 10/22/21 Sold $539,995 -3.6% $408 / Sq Ft
09/04/2021 09/04/21 Pending -- -- --
03/22/2021 03/22/21 Price Changed $559,995 +0.9% $424 / Sq Ft
03/05/2021 03/05/21 For Sale $554,995 -- $420 / Sq Ft

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
2024 $4,558 $147,900 -- --
2023 $4,397 $147,900 $0 $0
2022 $4,208 $147,900 $0 $0
2021 $313 $11,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

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