Otto on the Park 1501 N 31st St Unit 205 Philadelphia, PA 19121
Brewerytown NeighborhoodEstimated payment $1,463/month
Total Views
4,593
1
Bed
1
Bath
562
Sq Ft
$407
Price per Sq Ft
Highlights
- Rooftop Deck
- Transitional Architecture
- 1 Elevator
- Open Floorplan
- Combination Kitchen and Living
- 1-minute walk to 30th & Jefferson Street Park
About This Home
Welcome to the Otto community in the vibrant Brewerytown neighborhood! Step into this true one-bedroom, one-bath condo, where contemporary finishes and an inviting open layout await. Originally a studio, the owner thoughtfully transformed the space into a beautifully flowing one-bedroom home. The spacious living area flows seamlessly into the kitchen, featuring a stylish breakfast bar, dark stone countertops, and stainless steel appliances, including a Samsung smart fridge and gas stove. A private balcony off the living room provides the perfect spot to relax and take in the city views.
Enter your spacious bedroom, flooded with natural light from a large window. The full bath offers a tiled stall shower and convenient under-sink storage. The generously sized bedroom also includes a walk-in closet and stacked, full-sized laundry for added ease and comfort.
This condo includes 4 years remaining on the tax abatement, making it an incredible opportunity for both investors and first-time buyers. The Otto community offers a secure building with keypad entry and elevator access. Enjoy stunning rooftop views from the resident entertainment area, complete with outdoor kitchen, green roof, pergola and dog run for pet lovers. With low HOA fees and a fantastic location, you’re just steps away from Fairmount Park, Kelly Drive, shopping, entertainment and more. Commuting is a breeze, with close access to I76 and just minutes from Center City Philadelphia. Come visit today!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $424
Year Built
- Built in 2019
Lot Details
- South Facing Home
HOA Fees
- $180 Monthly HOA Fees
Parking
- On-Street Parking
Home Design
- Transitional Architecture
- Flat Roof Shape
- Masonry
Interior Spaces
- 562 Sq Ft Home
- Open Floorplan
- Recessed Lighting
- Window Treatments
- Combination Kitchen and Living
- Home Security System
Kitchen
- Eat-In Kitchen
- Gas Oven or Range
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- Walk-In Closet
- 1 Full Bathroom
- Walk-in Shower
Laundry
- Laundry in unit
- Front Loading Dryer
- Front Loading Washer
Outdoor Features
- Rooftop Deck
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Tax Lot 5113
- Assessor Parcel Number 888290782
Community Details
Overview
- $360 Capital Contribution Fee
- Association fees include common area maintenance, exterior building maintenance, recreation facility, reserve funds
- 20 Units
- Low-Rise Condominium
- The Otto Condominium Condos
- Otto Community
- Brewerytown Subdivision
- Property has 5 Levels
Amenities
- 1 Elevator
Recreation
- Dog Park
Pet Policy
- Limit on the number of pets
Map
About Otto on the Park
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Home Values in the Area
Average Home Value in this Area
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 | $405 | $202,500 | $30,300 | $172,200 |
| 2024 | $405 | $202,500 | $30,300 | $172,200 |
| 2023 | $405 | $192,900 | $28,935 | $163,965 |
| 2022 | $405 | $28,935 | $28,935 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/21/2025 02/21/25 | For Sale | $229,000 | 0.0% | $407 / Sq Ft |
| 05/14/2024 05/14/24 | Rented | $1,250 | 0.0% | -- |
| 04/19/2024 04/19/24 | Under Contract | -- | -- | -- |
| 03/18/2024 03/18/24 | Price Changed | $1,250 | -9.1% | $2 / Sq Ft |
| 01/31/2024 01/31/24 | For Rent | $1,375 | -- | -- |
Source: Bright MLS
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $8,000,000 | Credit Line Revolving |
Source: Public Records
Similar Homes in the area
Source: Bright MLS
MLS Number: PAPH2442204
APN: 888290782
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