5 months on rocket

1501 N 31st St Unit Ph12, Philadelphia, PA, 19121

$1,049,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths, 1 Partial
1,750 SqFt
$599/SqFt
House

Location

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1501 N 31st St Unit Ph12, Philadelphia$1,049,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

ParkingAttached Carport, Parking Lot
Year BuiltNew Const., 2021
HeatingHot Water
CoolingCentral Air
MLS #PAPH2373236
StatusActive
(ACTIVE)

About 1501 N 31st St Unit Ph12

Introducing Penthouse 12 at OTTO on the Park, an absolutely unique residence in Brewerytown, Philadelphia. The main level of this new, custom-built home boasts three bedrooms, three and a half bathrooms spread across 1,700+ Sq Ft, featuring sophisticated finishes throughout. The main attraction is one level above: a 1,000 Sq Ft private rooftop leisure and entertainment complex. This private outdoor oasis features a full-service covered kitchen that includes outdoor-grade cabinets and appliances, quartz countertops with an island with bar seating, a covered entertainment area, and a top-of-the line chef's grill. In addition to all standard utilities, the entire rooftop area is thoughtfully pre-wired with 12/24V low-voltage wiring for future lighting and sound upgrades, and has built-in footings to anchor an additional pergola. Designed by award-winning architects and crafted to the highest standards, this penthouse offers 8.5 years remaining on its tax abatement, making it an unparalleled opportunity in one of Philadelphia's most vibrant neighborhoods. Additionally, Penthouse 12 includes three parking spaces with electric vehicle charging in the gated parking lot on site. The interior of this home showcases a seamless blend of high-end craftsmanship and functionality, with a gourmet kitchen adorned with quartz countertops, bespoke cabinets, and state-of-the-art smart appliances. The living area offers a spacious open floor plan, complemented by engineered hardwood floors and LED lighting throughout. Each bedroom features custom California Closets, spa-style bathrooms with heated floors, with two bedrooms opening onto private balconies. Enjoy the convenience of the penthouse's exclusive modern amenities including four additional closets, a walk-in mudroom/foyer closet, designated laundry space, 10-foot ceilings throughout, floating vanities in all bathrooms, and a terrace with access to the private roof complex. OTTO on the Park provides a range of communal facilities such as a deluxe, common-use rooftop terrace with a dog run, smart building access, and a pet-friendly environment with a dog wash station. Additionally, the building offers a secured package room, bicycle storage units, and gated onsite parking. Explore premier urban living at its finest, within close proximity to Fairmount Park, Schuylkill River Trail, the bustling Girard Avenue commercial district, coffee shops, supermarkets and a thriving array of local dining, and cultural attractions. Penthouse 12 at OTTO on the Park is a one-of-a-kind opportunity to experience a lifestyle of exclusivity, originality and comfort in an opulent yet modern manner.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2021
  • Stories: 2
  • Living Area: 1,750 SqFt

Listing Office:

  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Listing Agent: William Walsh

Interior Features

Interior Information:

  • Appliances: Microwave, Range, Cooktop, Dishwasher, Freezer, Ice Maker, Double Oven, Refrigerator, Stove, Washer/Dryer Stacked
  • Basement: No
  • Interior: Bar, Breakfast Area, Built-Ins, Butlers Pantry, Combination Dining/Living, Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Sound System, Upgraded Countertops, Walk-in Closet(s), Wet/Dry Bar, Wood Floors

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: BBQ Grill, Secure Storage

Parking Information:

  • Parking: Attached Carport, Parking Lot

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 1501 N 31st St - call listing agent for directions

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,049,000
  • Price Per SqFt: $599/SqFt
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Housing Market Comparison

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

Med. Sold Price

$265.3K

Med. Price/SqFt

$200

Avg. Days On Market

45

# of Sold Homes

946

1501 N 31st St Unit Ph12 vs Philadelphia

169 DAYS ON ROCKET

+124 Days

$1,049,000

+$783.6K More

$599/SqFt

+$398 More

KEY TAKEAWAY

This property is $783.6K more than the Median Sold Price and $398/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: #PAPH2373236

Listing Office:

  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Listing Agent: William Walsh

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: 12/22/2024, 8:21:00 AM 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.

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$5,303

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,211

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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-925141
1
/10
  • Richard R. Wright Elementary School

  • 2700 W Dauphin St

  • 0.84 miles

  • Public District Grades KG-5

school-card-donut-925142
5
/10
  • Samuel Powel Elementary School

  • 301 N 36th St

  • 1.40 miles

  • Public District Grades KG-4

school-card-donut-925143
3
/10
  • Inquiry Charter School

  • 1301 Belmont Ave

  • 1.48 miles

  • Public Charter Grades PK-5

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. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1501 N 31st St Unit Ph12

What is the listing price of this property?

The listing price of 1501 N 31st St Unit Ph12 property is $1,049,000.

What type of property is this?

The property 1501 N 31st St Unit Ph12 is a house located in Philadelphia, Pennsylvania, 19121.

Is this property for sale now?

Active Listing: 1501 N 31st St Unit Ph12 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 Ph12 has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 1501 N 31st St Unit Ph12 is 1,750 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1501 N 31st St Unit Ph12 is 2021.

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19121›1501 N 31st St Unit Ph12

This home is located at 1501 N 31st St Unit Ph12 in Philadelphia, PA and zip code 19121 in the Brewerytown neighborhood. This 1,750 square foot home was built in 2021. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 05, 2024 and is currently priced at $1,049,000.

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 listings in Philadelphia, PA increased by 1.8% between October 2024 and November 2024. In November 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $265,372.

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

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