NOT LISTED FOR SALE

Estimated Value: $422,000 - $510,644

1 Bed
1.5 Baths
1,167 Sq Ft
$467/mo HOA Fee

Last Sold December 09, 2022

Last sale price $430,000 $368 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,572/month

137 Days on Market

Highlights

  • Wood Flooring
  • Stainless Steel Appliances
  • 1 Car Direct Access Garage
  • Upgraded Countertops
  • Balcony
  • 2-minute walk to Welcome Park

About This Home

As of December 2022

Welcome to The Essex in Philadelphia’s historic Old City neighborhood! This boutique condominium is highly sought-after and rarely available due to its modern, high-end style and prime location situated within walking distance of public transportation, notable museums, celebrated restaurants and City parks, such as Franklin Square. It is also within walking distance of popular tourist destinations such as Penn's Landing and the Constitution Center and is adjacent to the liveliness of the Chinatown and Northern Liberties neighborhoods. The luxurious and secured lobby of the Essex welcomes you and provides residents with access to the street, parking garage and elevator. The Essex’s well-appointed elegance continues down the main marble-floored hallway and up through the front door of this second-floor unit, accented by high-end finishes such as gorgeous Brazilian hardwood floors, Viking kitchen appliances and custom cabinetry. The kitchen is a chef’s dream with stainless steel Viking appliances, gas oven, soft-close cabinets and granite countertops. The condo’s open concept lends to the feel of this bright and spacious living space. The dining room is open to the living room where a large picture window provides views of the lush greenery and accompanies a glass door that opens to your private balcony. No space was wasted with the expansive ensuite bedroom where another large picture window draws in an abundance of north-facing daylight and a customized closet was installed to maximize space and organization. The adjoining full bathroom features a custom-built linen closet, a dual vanity with lots of storage space, a tile stall shower with a seamless glass door and a separate tub shower. Completing the unit, you’ll find a pantry, a powder room with a custom-built cabinet, and a laundry room with a stacked full-sized washer and dryer for convenience. To ensure optimum ease and convenience of city living, an additional storage unit and a deeded parking space in the secured parking garage are included in the ownership of each unit. This unit will not last long so stop in for your private tour and see why everyone loves living here!

Last Listed By

Dave Batty

Keller Williams Realty Devon-Wayne License #RS311054 Listed on: 05/06/2022

Keller Williams Realty Devon-Wayne

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,846

Year Built

  • Built in 1870

HOA Fees

  • $467 Monthly HOA Fees

Parking

  • Assigned Parking Garage Space
  • Lighted Parking
  • Garage Door Opener
  • On-Street Parking
  • Parking Space Conveys

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1,167 Sq Ft Home
  • Property has 1 Level
  • Combination Dining and Living Room
  • Wood Flooring
  • Surveillance System

Kitchen

  • Gas Oven or Range
  • Stainless Steel Appliances
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 48 inches wide or more
  • Garage doors are at least 85 inches wide
  • Doors swing in
  • More Than Two Accessible Exits

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Balcony
  • Property is in excellent condition

Listing and Financial Details

  • Tax Lot 9055
  • Assessor Parcel Number 888039200

Community Details

Overview

  • $934 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, trash, water, snow removal
  • $300 Other One-Time Fees
  • Low-Rise Condominium
  • The Essex Condominium Community
  • Old City Subdivision
  • Property Manager

Pet Policy

  • Dogs and Cats Allowed
  • Breed Restrictions

Additional Features

  • Community Storage Space
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,846

Year Built

Built in 1870

Lot Details

0

HOA Fees

$467 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: 2+ Access Exits, 48"+ Halls, >84" Garage Door, Doors - Swing In, Elevator
  • Ownership: Condominium
  • Exclusions: Curtains, storage unit shelves, and mirror in bedroom
  • Inclusions: Window hardware, washer & dryer in as-is condition with no monetary value
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-05-06
  • Federal Flood Zone: No
  • Year Built: 1870
  • Automatically Close On Close Date: Yes
  • Remarks Public: Welcome to The Essex in Philadelphia’s historic Old City neighborhood! This boutique condominium is highly sought-after and rarely available due to its modern, high-end style and prime location situated within walking distance of public transportation, notable museums, celebrated restaurants and City parks, such as Franklin Square. It is also within walking distance of popular tourist destinations such as Penn's Landing and the Constitution Center and is adjacent to the liveliness of the Chinatown and Northern Liberties neighborhoods. The luxurious and secured lobby of the Essex welcomes you and provides residents with access to the street, parking garage and elevator. The Essex’s well-appointed elegance continues down the main marble-floored hallway and up through the front door of this second-floor unit, accented by high-end finishes such as gorgeous Brazilian hardwood floors, Viking kitchen appliances and custom cabinetry. The kitchen is a chef’s dream with stainless steel Viking appliances, gas oven, soft-close cabinets and granite countertops. The condo’s open concept lends to the feel of this bright and spacious living space. The dining room is open to the living room where a large picture window provides views of the lush greenery and accompanies a glass door that opens to your private balcony. No space was wasted with the expansive ensuite bedroom where another large picture window draws in an abundance of north-facing daylight and a customized closet was installed to maximize space and organization. The adjoining full bathroom features a custom-built linen closet, a dual vanity with lots of storage space, a tile stall shower with a seamless glass door and a separate tub shower. Completing the unit, you’ll find a pantry, a powder room with a custom-built cabinet, and a laundry room with a stacked full-sized washer and dryer for convenience. To ensure optimum ease and convenience of city living, an additional storage unit and a deeded parking space in the secured parking garage are included in the ownership of each unit. This unit will not last long so stop in for your private tour and see why everyone loves living here!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Stacked, Washer, Dryer, Oven/Range - Gas, Refrigerator, Water Heater, Stainless Steel Appliances
  • Entry Floor: 2
  • Flooring Type: Hardwood
  • Interior Amenities: Primary Bath(s), Walk-In Closet(s), Upgraded Countertops, Tub Shower, Stall Shower, Combination Dining/Living
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Kitchen, Bedroom 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1167
  • Living Area Sq Ft: 1167
  • Price Per Sq Ft: 372.75
  • Above Grade Finished Sq Ft: 1167
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 300

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Concrete
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: General Common Elements, Lighted Parking, Parking Space Conveys
  • Garage Features: Garage Door Opener, Inside Access
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: On Street, Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Surveillance Sys
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Phone Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 467.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Security, Extra Storage
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Trash, Water, Snow Removal
  • HOA: No
  • Senior Community: No

Fee Information

  • Other Fees: 300.00
  • Other Fees Frequency: One Time
  • Capital Contribution Fee: 934.00

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: 359300.00
  • Land Assessed Value: 58400.00
  • Land Use Code: 570
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: CMX3

Rental Info

  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok, Breed Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5835567
  • School Tax: 3208.00
  • Tax Annual Amount: 5846.00
  • Assessor Parcel Number: 888039200
  • Tax Lot: 9055
  • Tax Total Finished Sq Ft: 1167
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 12/09/2022

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2022
Closed on
Nov 21, 2022
Sold by
Coutavas George
Bought by
Reyes Alice
Seller's Agent
Dave Batty
Keller Williams Realty Devon-Wayne
Buyer's Agent
Carmel Archdekin
KW Empower
List Price
$435,000
Sold Price
$430,000
Premium/Discount to List
-$5,000
-1.15%
Total Days on Market
137
Views
9
Current Estimated Value
$463,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,911
Avg. Annual Appreciation
2.75%
Original Mortgage
$344,000
Outstanding Balance
$332,172
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$126,579

Purchase Details

Closed on
Sep 15, 2009
Sold by
300-314 N 3Rd Street Associates Lp
Bought by
Coutavas George and Coutavas Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,000
Interest Rate
5.28%
Mortgage Type
New Conventional

Range of Values:

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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
Reyes Alice $430,000 Great American Abstract
Coutavas George $410,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reyes Alice $344,000
Previous Owner Coutavas George $369,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2022 12/09/22 Sold $430,000 -1.1% $368 / Sq Ft
09/21/2022 09/21/22 Pending -- -- --
05/06/2022 05/06/22 For Sale $435,000 -- $373 / 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 $6,256 $458,000 $64,000 $394,000
2024 $6,256 $458,000 $64,000 $394,000
2023 $6,256 $446,900 $62,500 $384,400
2022 $5,217 $401,900 $62,500 $339,400
2021 $5,847 $0 $0 $0
2020 $5,847 $0 $0 $0
2019 $5,623 $0 $0 $0
2018 $5,512 $0 $0 $0
2017 $1,157 $0 $0 $0
2016 $718 $0 $0 $0
2015 $688 $0 $0 $0
2014 -- $296,300 $29,630 $266,670
2012 -- $71,840 $14,368 $57,472
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: PAPH2111648

Bright MLS

APN: 888039200