NOT LISTED FOR SALE

Estimated Value: $209,061 - $231,000

1 Bed
1 Bath
730 Sq Ft
$290/mo HOA Fee

Last Sold April 24, 2014

Last sale price $175,000 $240 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,762/month

23 Days on Market

Highlights

  • Traditional Architecture
  • Living Room
  • En-Suite Primary Bedroom
  • Eat-In Kitchen
  • Mobility Improvements
  • 4-minute walk to The Rail Park

About This Home

As of April 2014

The Old Shoe Factory! One Bedroom/One Bath Corner Loft Unit on the Eighth Floor looking out over the Callowhill neighborhood and Reading Viaduct. The Viaduct is a historic elevated rail line currently under redevelopment for use as a unique park. This condo has 12' high ceilings, exposed brick wall, and huge windows letting in abundant natural light with expansive Northern and Eastern views. Enter into a hallway with slate tiles that leads first to the large tiled Bathroom with Stacked Washer/Dryer enclosed in a separate utility room. The hallway opens up to the living room/dining area with hardwood floors and the open kitchen on your left. The Kitchen has white Cabinets, tiled backsplash and granite countertops. The Bedroom runs off the Kitchen looking out the Northern windows. Located minutes' walk from Reading Terminal Market, Chinatown and Center City shopping and attractions, and with convenient access to the Vine Street Crosstown and public transport. Low Condo Fees. Seller is motivated. Bring an offer! Agent: Building is not FHA approved. Trident does mortgages in this building. Seller is motivated. $500.00 gift card to selling agent at settlement!! Bring a buyer! Make an offer!

Last Listed By

Margaret DelColle

Coldwell Banker Realty License #RS287502 Listed on: 03/01/2014

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,995

Year Built

  • Built in 1924

HOA Fees

  • $290 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 730 Sq Ft Home
  • Living Room
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Mobility Improvements
  • Southeast Facing Home

Listing and Financial Details

  • Tax Lot 551
  • Assessor Parcel Number 888057584

Community Details

Overview

  • Old Shoe Factory Community
  • Loft District Subdivision

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,995

Year Built

Built in 1924

Lot Details

0

HOA Fees

$290 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Traditional
  • Accessibility Features: Mobility Improvements
  • Ownership: Condominium
  • Inclusions: Refrigerator,Washer/Dryer
  • New Construction: No
  • Year Built: 1924
  • Remarks Public: The Old Shoe Factory! One Bedroom/One Bath Corner Loft Unit on the Eighth Floor looking out over the Callowhill neighborhood and Reading Viaduct. The Viaduct is a historic elevated rail line currently under redevelopment for use as a unique park. This condo has 12' high ceilings, exposed brick wall, and huge windows letting in abundant natural light with expansive Northern and Eastern views. Enter into a hallway with slate tiles that leads first to the large tiled Bathroom with Stacked Washer/Dryer enclosed in a separate utility room. The hallway opens up to the living room/dining area with hardwood floors and the open kitchen on your left. The Kitchen has white Cabinets, tiled backsplash and granite countertops. The Bedroom runs off the Kitchen looking out the Northern windows. Located minutes' walk from Reading Terminal Market, Chinatown and Center City shopping and attractions, and with convenient access to the Vine Street Crosstown and public transport. Low Condo Fees. Seller is motivated. Bring an offer! Agent: Building is not FHA approved. Trident does mortgages in this building. Seller is motivated. $500.00 gift card to selling agent at settlement!! Bring a buyer! Make an offer!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Entry Location: Foyer
  • Floors In Unit Count: 8
  • Room List: Living Room, Primary Bedroom, Kitchen
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 730
  • Living Area Sq Ft: 730
  • Net Sq Ft: 730.00
  • Price Per Sq Ft: 272.60
  • Above Grade Finished Sq Ft: 730
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 314-22

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 290.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Improvement Assessed Value: 134010.00
  • Land Assessed Value: 14890.00
  • Land Use Code: 590
  • Lot Size Units: Square Feet
  • Zoning: G2

Rental Info

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

Tax Info

  • Assessor Parcel Number: 1426135
  • Tax Annual Amount: 1995.00
  • Assessor Parcel Number: 888057584
  • Tax Lot: 551
  • Tax Year: 2014
  • Close Date: 04/24/2014

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2014
Closed on
Apr 14, 2014
Sold by
Sutherland Kenneth
Bought by
Simons Harry
Seller's Agent
Margaret DelColle
Coldwell Banker Realty
Buyer's Agent
JEN AMICO
Coldwell Banker Realty
List Price
$199,000
Sold Price
$175,000
Premium/Discount to List
-$24,000
-12.06%
Total Days on Market
23
Current Estimated Value
$220,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,515
Avg. Annual Appreciation
2.04%

Purchase Details

Closed on
Nov 16, 2009
Sold by
Deats Kenneth A
Bought by
Sutherland Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2002
Sold by
Old Shoe Partners
Bought by
Deats Kenneth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,500
Interest Rate
6.48%

Range of Values:

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Average Value
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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
Simons Harry $175,000 Title Services
Sutherland Kenneth $207,000 Commonwealth Land Title Insu
Deats Kenneth A $122,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sutherland Kenneth $140,000
Previous Owner Deats Kenneth A $120,500
Previous Owner Deats Kenneth A $113,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2014 04/24/14 Sold $175,000 -12.1% $240 / Sq Ft
03/24/2014 03/24/14 Pending -- -- --
03/01/2014 03/01/14 For Sale $199,000 -- $273 / 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 $2,927 $209,100 $20,900 $188,200
2024 $2,927 $209,100 $20,900 $188,200
2023 $2,927 $209,100 $20,900 $188,200
2022 $2,927 $209,100 $20,900 $188,200
2021 $2,801 $0 $0 $0
2020 $2,801 $0 $0 $0
2019 $1,043 $0 $0 $0
2018 $2,084 $0 $0 $0
2017 $2,084 $0 $0 $0
2016 $2,084 $0 $0 $0
2015 $14,549 $0 $0 $0
2014 -- $148,900 $14,890 $134,010
2012 -- $35,040 $570 $34,470
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: 1002831452

Bright MLS

APN: 888057584