NOT LISTED FOR SALE

Estimated Value: $1,336,000 - $1,537,000

3 Beds
3 Baths
2,517 Sq Ft
$1,953/mo HOA Fee

Last Sold June 02, 2022

Last sale price $1,385,000 $550 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $11,643/month

15 Days on Market

Highlights

  • Concierge
  • 4-minute walk to 2Nd Street
  • 5-minute walk to Girard Fountain Park
  • Forced Air Heating and Cooling System
  • High-Rise Condominium

About This Home

As of June 2022

An absolutely stunning 3 bedroom, 3 bathroom condo at Old City's 108 Arch Street Condominium, an exquisite 30 unit boutique building with luxury finishes and amenities throughout. Unit 1002 has a private elevator entrance and is an amazing single-floor unit that spans 2517 square feet and features 3 large beds, 3 full baths, a fish tank, a large private patio, a parking space and amazing natural light with stunning views of the Delaware River, the Benjamin Franklin Bridge, Center City skylines and practically 360 degree views of the city. You enter your unit through the high speed elevator into an expansive foyer. You immediately notice the 10' ceilings, gorgeous bamboo floors, and amazing natural light pouring in through the floor-to-ceiling windows. The foyer leads you to the open floor plan with a massive living room featuring a lovely fish tank (formally a fireplace that can be converted back). The living room opens up to a large dining area with a beautiful chandelier and your large and contemporary kitchen featuring Viking Gas stove, double Fisher & Paykel dishwashers, Sub Zero fridge and a large Viking wine fridge as well as an oversized island, pantry and range hood. The living room also provides access to your south-facing private patio allowing for fresh air and outdoor entertaining! The first of the 3 bedrooms is extremely spacious and offers views of the Delaware River and is currently set up as an office/study. The full hall bath has luxurious and modern finishes, including floor-to-ceiling tile and a stand-up shower stall with a glass shower door. Across the foyer you will find two hall closets and a laundry room with cabinetry. The guest bedroom overlooks the Benjamin Franklin Bridge and is spacious, offering a reach-in closet, an en-suite bathroom with single vanity, soaking tub and floor-to-ceiling tile. The primary bedroom offers amazing light coming with west and north facing exposures featuring views of the Benjamin Franklin Bridge and Center City skyline. The large bedroom also features a large walk-in closet with custom closet treatments. The 5-piece en-suite bathroom is massive and features an oversized double vanity, a soaking tub, a stand-up shower stall with waterfall shower head, floor-to-ceiling tile, a toilet closet and a linen closet. Nestled in the heart of historic Old City, this condo is surrounded by some of the area's best restaurants, nightlife and attractions. The famous Elfreth's Alley is only a block away, Race Street Pier is under a 10 minute walk, and it is extremely accessible to the Benjamin Franklin Bridge, I-95 to get in and out of the city. A concierge staff is on site Monday through Sunday for additional convenience. All square footage numbers are approximate and should be verified by the buyer. It is the responsibility of the buyer to verify real estate taxes.

Last Listed By

Daniel Evenchen

KW Empower Listed on: 03/07/2022

KW Empower

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,342

Year Built

  • Built in 2004

HOA Fees

  • $1,953 Monthly HOA Fees

Home Design

  • Masonry

Interior Spaces

  • 2,517 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms

Parking

  • Assigned parking located at #7
  • Parking Lot
  • 1 Assigned Parking Space

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 888036250

Community Details

Overview

  • $3,906 Capital Contribution Fee
  • Association fees include common area maintenance, management, parking fee, sewer, snow removal, trash, water, alarm system, exterior building maintenance, insurance
  • High-Rise Condominium
  • Old City 108 Condo Assn Condos
  • Old City Subdivision

Amenities

  • Concierge

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,342

Year Built

Built in 2004

Lot Details

0

HOA Fees

$1,953 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Exclusions: The Chandelier over the dining room table , all personal belongings
  • Inclusions: All appliances, fish tank and fish
  • New Construction: No
  • Story List: Main
  • Year Built: 2004
  • Assigned Parking Space Numbers: 7
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 10
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 2517
  • Living Area Sq Ft: 2517
  • Price Per Sq Ft: 550.26
  • Above Grade Finished Sq Ft: 2517
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 108

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

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

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • 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: 1952.87
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Old City 108 Condo Assn
  • HOA Condo Co-Op Amenities: Concierge, Elevator
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Parking Fee, Sewer, Snow Removal, Trash, Water, Alarm System, Ext Bldg Maint, Insurance
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 3905.74

Schools

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

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2021
  • Zoning: CMX3

Rental Info

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

Tax Info

  • Tax Annual Amount: 18342.00
  • Assessor Parcel Number: 888036250
  • Tax Year: 2022
  • Close Date: 06/02/2022

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2022
Closed on
Jun 2, 2022
Sold by
Joseph Rich
Bought by
Jessup Mariell
Seller's Agent
Daniel Evenchen
KW Empower
Buyer's Agent
Sherrie Burlingham
BHHS Fox & Roach-Rosemont
List Price
$1,385,000
Sold Price
$1,385,000
Total Days on Market
15
Current Estimated Value
$1,444,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,419
Avg. Annual Appreciation
2.32%
Original Mortgage
$800,000
Outstanding Balance
$756,105
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$724,029

Purchase Details

Closed on
Feb 22, 2010
Sold by
The Howard S Rich Qualified Personal Res
Bought by
Rich Joseph and Rich Daniel

Purchase Details

Closed on
Jul 14, 2009
Sold by
Sapp A Eugene
Bought by
The Howard S Rich Qualified Personal Res and The Andrea M Rich Qualified Personal Res

Purchase Details

Closed on
Dec 10, 2007
Sold by
Kleinschmidt Kevin
Bought by
Sapp A Eugene

Purchase Details

Closed on
Jan 31, 2005
Sold by
Brown Hill I Lp
Bought by
Kleinschmidt Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Jessup Mariell $1,385,000 None Listed On Document
Rich Joseph -- None Available
The Howard S Rich Qualified Personal Res $1,425,000 None Available
Sapp A Eugene $1,680,000 None Available
Kleinschmidt Kevin $1,425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jessup Mariell $800,000
Previous Owner Kleinschmidt Kevin $975,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2022 06/02/22 Sold $1,385,000 0.0% $550 / Sq Ft
03/07/2022 03/07/22 For Sale $1,385,000 -- $550 / 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 $19,719 $1,450,900 $159,500 $1,291,400
2024 $19,719 $1,450,900 $159,500 $1,291,400
2023 $19,719 $1,408,700 $154,900 $1,253,800
2022 $18,343 $1,408,700 $154,900 $1,253,800
2021 $18,343 $0 $0 $0
2020 $18,343 $0 $0 $0
2019 $17,637 $0 $0 $0
2018 $17,229 $0 $0 $0
2017 $17,229 $0 $0 $0
2016 $12,881 $0 $0 $0
2015 $12,331 $0 $0 $0
2014 -- $920,200 $92,020 $828,180
2012 -- $257,056 $14,688 $242,368
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: PAPH2090980

Bright MLS

APN: 888036250