1 month on rocket

331 State St, Philadelphia, PA, 19104

$1,300,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
8 Full Baths, 1 Partial
4,200 SqFt
$310/SqFt
Townhouse

Location

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331 State St, Philadelphia$1,300,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingOn Street
Year Built2021
HeatingZoned
CoolingCentral Air
BasementYes
MLS #PAPH2411278
Lot Size0.02 Acres
StatusActive
(ACTIVE)

About 331 State St

Step into this stunning newly constructed residence, complete with 7 years remaining on the tax abatement. Custom built in 2021, this architectural gem features 6 private bedroom suites, 2 versatile flex spaces, multiple outdoor areas, and an expansive open-concept first floor designed for seamless entertaining. Thoughtfully crafted to blend modern amenities with sophisticated style, this home offers strong investment returns, making it ideal for both Airbnb entrepreneurs looking to expand their portfolio and real estate investors seeking long-term rental opportunities. Its generous 20' width ensures every room feels exceptionally spacious, providing unparalleled versatility for furniture placement and functionality. Upon entering, you are welcomed by a light-filled open floor plan that enhances the sense of space. The living room flows effortlessly into the dining area, past a stylish powder room, and into the expansive L-shaped kitchen. Equipped with Whirlpool stainless steel appliances, a generous island with bar seating, and direct access to a private back patio, this kitchen is perfectly suited for both casual dining and sophisticated gatherings. The lower level houses two flex spaces, each featuring walk-in showers, alongside a convenient laundry room outfitted with a commercial-grade Speed Queen washer and dryer. Ascend to the second, third, and fourth floors, where you’ll find two bedroom suites on each level. Each suite serves as a self-contained oasis, boasting a kitchenette with a refrigerator, microwave, wet bar, and pull-out trash can, along with its own mini-split HVAC system, security system, large-screen TV, and elegantly appointed bathroom with porcelain tiles and a shower/tub combination. The rear bedrooms are complemented by private balconies, while the front-facing suites feature walls of windows that invite abundant natural light. Venture up to the fifth-floor pilot house, which opens to a sprawling roof deck offering breathtaking city views. The builder’s attention to detail is evident throughout, with soundproofing gypcrete beneath the luxury vinyl flooring and strategically placed cameras monitored via an app for enhanced security. Safety and efficiency are prioritized with a full sprinkler system, two 50-gallon hot water heaters, and dual electrical panels. Constructed with durable brick and metal siding, this low-maintenance home marries elegance with practicality. Nestled in vibrant West Philadelphia, you’re just a short walk from universities, hospitals, and trendy cafés. With a robust rental history and exceptional income potential, this residence is not just visually stunning but also a savvy investment choice.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Straight Thru
  • Year Built: 2021
  • Living Area: 4,200 SqFt

Listing Office:

  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Listing Agent: Michelle Ashley

Interior Features

Interior Information:

  • Appliances: Microwave, Dishwasher, Disposal, Dryer, Oven, Electric Range, Refrigerator, Stainless Steel Appliances, Washer
  • Basement: Yes
  • Flooring Type: Luxury Vinyl Plank
  • Interior: Built-Ins, Floor Plan - Open, Kitchen - Eat-In, Sprinkler System

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 8
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Exterior: Roof Deck

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

  • Heating: Zoned
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Drive West on Powelton Ave. and turn Right onto State St.

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,300,000
  • Price Per SqFt: $310/SqFt
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Housing Market Comparison

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

Med. Sold Price

$261.8K

Med. Price/SqFt

$199

Avg. Days On Market

44

# of Sold Homes

1056

331 State St vs Philadelphia

36 DAYS ON ROCKET

-8 Days

$1,300,000

+$1.0M More

$310/SqFt

+$111 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $111/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: #PAPH2411278

Listing Office:

  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Listing Agent: Michelle Ashley

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: 11/22/2024, 9:20:52 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.

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-739682
5
/10
  • Samuel Powel Elementary School

  • 301 N 36th St

  • 0.36 miles

  • Public District Grades KG-4

school-card-donut-739683
3
/10
  • Inquiry Charter School

  • 1301 Belmont Ave

  • 1.20 miles

  • Public Charter Grades PK-5

school-card-donut-739684
3
/10
  • Universal Institute Charter School at Bluford

  • 5801 Media St

  • 2.12 miles

  • Public Charter Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $11,828. Typical income of Philadelphia, PA residents is less than $35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 331 State St

What is the listing price of this property?

The listing price of 331 State St property is $1,300,000.

What type of property is this?

The property 331 State St is a townhouse located in Philadelphia, Pennsylvania, 19104.

Is this property for sale now?

Active Listing: 331 State St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 331 State St has 8 bedrooms and 8 full and 1 half bathrooms.

What is the square footage of this property?

The property 331 State St is 4,200 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 331 State St is 2021.

Rocket HomesPennsylvaniaPhiladelphia CountyPhiladelphia19104331 State St

This home is located at 331 State St in Philadelphia, PA and zip code 19104 in the Powelton neighborhood. This 4,200 square foot home, which was built in 2021, sits on a 0.02 acre lot. Features: 8 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $1,300,000.

Over 252 listings were sold over their listed price in October 2024 in Philadelphia, PA. In the same period over 567 listings were sold below the listed price and 237 listings were sold for the listed price. The number of listings in Philadelphia, PA increased by 9.8% between September 2024 and October 2024. In October 2024, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $261,807.

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

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