2 months on rocket

1010 Arch St Unit 508, Philadelphia, PA, 19107

$243,888

Home List Price

$2,896*

Closing Credit

1 Bedroom
1 Full Bath
555 SqFt
$439/SqFt
Condo
Schools Nearby

Location

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1010 Arch St Unit 508, Philadelphia$243,888

Buyer Closing Credits

$2,896*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingNone
Year Built1900
HeatingCentral, Forced Air
CoolingCentral Air
MLS #PAPH2323932
StatusActive
(ACTIVE)

About 1010 Arch St Unit 508

Indulge in the allure of this one-of-a-kind, industrial-chic corner unit, enveloped by two expansive walls of windows, nestled in the vibrant heart of downtown Philadelphia. A sanctuary of style, this loft-style condo transcends ordinary living with its unique features. Immerse yourself in the unparalleled allure of this extraordinary industrial-chic corner unit, nestled within the vibrant heart of downtown Philadelphia. Unveiling a distinctive blend of luxury and urban charm, this one-bedroom loft-style condo is a symphony of sophistication. Ascend to new heights as 14-ft ceilings and expansive oversized windows flood the space with an abundance of natural light, creating an ambiance that transcends ordinary living. Revel in the industrial charm of exposed brick and wood beams, perfectly harmonized with modern comforts like central air and heat. The kitchen, a culinary masterpiece, showcases stainless steel appliances and an open layout, inviting creativity to flourish. A generously spacious bathroom adds a touch of opulence to your daily routine. Discover the hidden gem of a vast storage area beneath the lofted bedroom, seamlessly marrying practicality with convenience. As the crowning jewel, step out onto your balcony and be captivated by panoramic views that stretch for days – a private oasis in the midst of the bustling city. This residence not only promises luxury but also practicality. A card-operated laundry room on each floor ensures efficiency, while the building's elevator and concierge front desk, available from Mondays to Saturdays, elevate your lifestyle. Escape the mundane and embrace a residence that defies the ordinary. If you yearn for a home with genuine character in a central location, consider this your new sanctuary. Indulge in the proximity to renowned restaurants, lively pubs, captivating live entertainment, and eclectic shopping experiences. A mere block away from the iconic Reading Terminal Market and the expansive Pennsylvania Convention Center, the largest regional rail hub in Philadelphia, your connection to the city is unparalleled. Seamless access to subways, buses connecting to every part of the city, and the Naval Yard Shuttle ensures you're effortlessly connected to the pulse of Philadelphia. A stone's throw away from the Fashion District of Philadelphia, boasting 838,000 SF of the best designer brands and artisanal dining, this residence places you at the forefront of style and culture. Step into the heartbeat of Chinatown and Center City, surrounded by the best foods, charming cafes, sophisticated tea rooms, vibrant bars, and eclectic shops. Merely two blocks from Trader Joe’s Market, your central location ensures that every convenience imaginable is within arm's reach. This is more than just a residence; it's a lifestyle, an invitation to revel in the vibrancy of Philadelphia within a home that mirrors your individuality. Welcome to a new chapter – your extraordinary haven awaits..

Property Details

Property Features

Property Information:

  • Architectural Style: Loft, Loft with Bedrooms, Split Level, AirLite
  • Year Built: 1900
  • Stories: 1
  • Living Area: 555 SqFt

Listing Office:

  • Office Name: RE/MAX One Realty
  • Office Phone: (215) 467-2892
  • Listing Agent: Bingxin Lin

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Parking: None

Utilities

Utilities Information:

  • Heating: Central, Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Benjamin Franklin High School, Public District Grades 9-12
  • General George A. McCall School, Public District Grades KG-8

Other

Directions Information:

  • Directions: Use the gated entrance to the right of the building

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $243,888
  • Price Per SqFt: $439/SqFt

Tax Information:

  • Annual Amount: $2,475
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$258.8K

Med. Price/SqFt

$196

Avg. Days On Market

50

# of Sold Homes

960

1010 Arch St Unit 508 vs Philadelphia

74 DAYS ON ROCKET

+24 Days

$243,888

-$14.9K Less

$439/SqFt

+$243 More

KEY TAKEAWAY

This property is $14.9K less than the Median Sold Price and $243/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: #PAPH2323932

Listing Office:

  • Office Name: RE/MAX One Realty
  • Office Phone: (215) 467-2892
  • Listing Agent: Bingxin Lin

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: 5/5/2024, 12:55:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 05, 2019Home Sold
$227,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,475 -
2019$2,152$153,800
2018$1,872$133,700
2017$1,872$133,700

History based on county public records data.

Payment Calculator

$1,285

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$798

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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.

Elementary School

school-card-donut-6272893
6
/10
  • General George A. McCall School

  • 325 S 7th St

  • 0.65 miles

  • Public District Grades KG-8

High School

school-card-donut-6272894
2
/10
  • Benjamin Franklin High School

  • 550 N Broad St

  • 0.74 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,699. The majority of Philadelphia, PA residents have income 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 1010 Arch St Unit 508

What is the listing price of this property?

The listing price of 1010 Arch St Unit 508 property is $243,888.

What type of property is this?

The property 1010 Arch St Unit 508 is a condo located in Philadelphia, Pennsylvania, 19107.

Is this property for sale now?

Active Listing: 1010 Arch St Unit 508 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1010 Arch St Unit 508 are:
General George A. McCall School: GreatSchools Rating 6/10
Benjamin Franklin High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,475 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 5, 2019 for $227,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1010 Arch St Unit 508 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1010 Arch St Unit 508 is 555 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1010 Arch St Unit 508 is 1900.

Rocket HomesPennsylvaniaPhiladelphia CountyPhiladelphia191071010 Arch St Unit 508

This home is located at 1010 Arch St Unit 508 in Philadelphia, PA and zip code 19107 in the Center City neighborhood. This 555 square foot home was built in 1900. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since February 20, 2024 and is currently priced at $243,888.

Philadelphia, PA housing market in April 2024 saw over 242 listings sold above listed price, more than 216 sold at listed price and over 502 sold below. In April 2024 in Philadelphia, PA there were 9.8% more homes for sale than in March 2024. In April 2024 median list price was $258,806 and the average listing age was 50 days.

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

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