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1501 N 31st St Unit 418, Philadelphia, PA, 19121

$385,000

Home List Price

$4,572*

Closing Credit

2 Bedrooms
2 Full Baths
1,012 SqFt
$380/SqFt
Condo

Location

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1501 N 31st St Unit 418, Philadelphia$385,000

Buyer Closing Credits

$4,572*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Secure Parking, Parking Lot
Year BuiltNew Const., 2024
HeatingForced Air
CoolingCentral Air
ViewCity
MLS #PAPH2429574
StatusActive
(ACTIVE)

About 1501 N 31st St Unit 418

Buy this condo and receive a 4.875%* interest rate! Welcome to Otto on the Park, a sophisticated collection of contemporary condos offering the convenience of parking and more + tax abatement ending in 2032! Amidst a burgeoning neighborhood, this unit boasts a private balcony and a huge shared roof deck with breathtaking skyline views. The open floor plan features hardwood floors, soaring ceilings, and abundant natural light throughout. The spacious living area includes large windows, recessed lighting, and ample space for an entertainment setup. A dining area with balcony access compliments the chef-style kitchen equipped with white cabinetry, a generously sized island with breakfast bar, subway tile backsplash, and stainless steel appliances. The unit offers 2 well-appointed bedrooms with ample closet space. Both graciously sized bathrooms are elegantly designed with beautiful finishes. Additional highlights include in-unit laundry facilities and convenient storage space. Residents can enjoy a communal roof deck featuring a kitchenette, grill, skyline panoramas, dog run, and room for gatherings. Nearby amenities include Revival Brothers Coffee across the street, as well as proximity to Fairmount attractions such as the Schuylkill River Trail, Boathouse Row, and the Philadelphia Zoo. Taxes & square footage are the buyer's responsibility to verify independently. Photos are for marketing purposes only and may not portray actual finishes/be from other units. *Interest rate on the 2-1 Buydown is currently 4.875% but subject to change, rates change daily. Offer is subject to interest rate fluctuations. Inquire with listing team for more details.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2024
  • Stories: 1
  • Living Area: 1,012 SqFt

Listing Office:

  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Listing Agent: Jim Onesti

Interior Features

Interior Information:

  • Appliances: Microwave, Dishwasher, Disposal, Dryer, Intercom, Oven, Electric Range, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Basement: No
  • Interior: Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Elevator, Floor Plan - Open, Intercom, Kitchen - Island, Recessed Lighting, Bathroom - Stall Shower, Upgraded Countertops

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: City

Parking Information:

  • Parking: Assigned, Secure Parking, Parking Lot

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Cecil B Moore St. N 31st St.

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $385,000
  • Price Per SqFt: $380/SqFt
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

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Philadelphia, PA

City

Med. Sold Price

$265.3K

Med. Price/SqFt

$200

Avg. Days On Market

45

# of Sold Homes

946

1501 N 31st St Unit 418 vs Philadelphia

1 DAY ON ROCKET

-44 Days

$385,000

+$119.6K More

$380/SqFt

+$179 More

KEY TAKEAWAY

This property is $119.6K more than the Median Sold Price and $179/SqFt more than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2429574

Listing Office:

  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Listing Agent: Jim Onesti

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 12:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,989

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,221

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-713339
1
/10

  • Richard R. Wright Elementary School

  • 2700 W Dauphin St

  • 0.84 miles

  • Public District Grades KG-5

school-card-donut-713340
5
/10

  • Samuel Powel Elementary School

  • 301 N 36th St

  • 1.40 miles

  • Public District Grades KG-4

school-card-donut-713341
3
/10

  • Inquiry Charter School

  • 1301 Belmont Ave

  • 1.48 miles

  • Public Charter Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,385. Residents of Philadelphia, PA typically earn less than $35k each year. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1501 N 31st St Unit 418

What is the listing price of this property?

The listing price of 1501 N 31st St Unit 418 property is $385,000.

What type of property is this?

The property 1501 N 31st St Unit 418 is a condo located in Philadelphia, Pennsylvania, 19121.

Is this property for sale now?

Active Listing: 1501 N 31st St Unit 418 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1501 N 31st St Unit 418 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1501 N 31st St Unit 418 is 1,012 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1501 N 31st St Unit 418 is 2024.

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19121›1501 N 31st St Unit 418

This home is located at 1501 N 31st St Unit 418 in Philadelphia, PA and zip code 19121 in the Brewerytown neighborhood. This 1,012 square foot home was built in 2024. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 20, 2024 and is currently priced at $385,000.

In November 2024 more than 219 listings in Philadelphia, PA were sold above the asking price. During the same period more than 204 listings were sold at asking price, while more than 523 were sold below. The number of homes for sale in Philadelphia, PA increased by 1.8% between October 2024 and November 2024. Listings spent 45 days on the market in November 2024, and had a median list price of $265,372 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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