Welcome to the Otto condominium. This stunning one bedroom, one bathroom apartment is just 4 years old, and is sure to exceed your expectations! As you step inside, you are greeted by an open concept layout that seamlessly combines style and comfort. The modern kitchen is a chef's dream, featuring ample quartz counter space, stylish penny tile backsplash, upgraded gas range, refrigerator with touch screen and roomy island with waterfall style countertop. Whether you're preparing a gourmet meal or entertaining guests, this kitchen has everything you need. The living area is perfect flex space and bright and sunny thanks to large format floor to ceiling windows. A private covered patio, perfect for a morning cup of coffee or just relaxing, is accessed directly from the living area. The bedroom is adjacent, and features a space saving pocket door and hardwood floors. The bedroom closet is super roomy, and also includes stackable, in unit laundry. The bathroom features a modern design palette, from large format tiles to shower accessories and lighting. If you’re looking for well designed and attractive space, this home has it all! And as a resident of the Otto, you'll have access to a stunning community roof deck. This oasis features a gathering area, outdoor kitchen, and even a dog run, providing the perfect backdrop for socializing, entertaining, and enjoying the breathtaking views of the city skyline. Otto is a state of the art building, with an appealing design forward lobby with controlled touch screen access. HOA fees are low and with 6 years remaining on full tax abatement, taxes are even lower. Located close to new restaurants, Fairmount Park and access to public transportation and highways, this condo offers easy access to all that Philadelphia has to offer. Schedule a showing today and experience modern city living at its finest!
Property Details
Property Features
Property Information:
Architectural Style: Unit/Flat
Year Built: 2019
Living Area: 564 SqFt
Listing Office:
Office Name: Compass Pennsylvania, LLC
Office Phone: (610) 822-3356
Listing Agent: Thomas S Dilsheimer
Interior Features
Interior Information:
Basement: No
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 1
Exterior Features
Parking Information:
Parking: On Street
Utilities
Utilities Information:
Heating: Forced Air
Cooling: Central Air
School Info
Assigned Schools Information:
Strawberry Mansion High School, Public District Grades 9-12
William D. Kelley School, Public District Grades KG-8
Other
Directions Information:
Directions: 1501 N 31St St Unit #205, Philadelphia, PA 19121
Municipality:
Philadelphia
Price Information
Listing Price Info
Price Summary:
List Price: $259,000
Price Per SqFt: $459/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Philadelphia, PA.
This property is $193 more than the Median Sold Price and $263/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: #PAPH2291034
Listing Office:
Office Name: Compass Pennsylvania, LLC
Office Phone: (610) 822-3356
Listing Agent: Thomas S Dilsheimer
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.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,360
Per Month
Principal & Interest
$1,293
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$843
Powered By
Advertisement
NMLS#3030
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
4
/10
William D. Kelley School
1601 N 28th St
Distance between this listing and this school0.27 miles
Public District Grades KG-8
High School
3
/10
Strawberry Mansion High School
3133 Ridge Ave
Distance between this listing and this school0.77 miles
Public District Grades 9-12
Assigned Schools
4
/10
William D. Kelley School
1601 N 28th St
Distance between this listing and this school0.27 miles
Public District Grades KG-8
Nearby Schools
3
/10
Blaine Academics Plus School
3001 W Berks St
Distance between this listing and this school0.40 miles
Public District Grades PK-8
2
/10
Edward Gideon School
2817 W Glenwood Ave
Distance between this listing and this school0.43 miles
Public District Grades PK-8
Nearby Schools
3
/10
Alliance For Progress Charter School
182139 Cecil B Moore Ave
Distance between this listing and this school1.05 miles
Public Charter Grades KG-8
3
/10
People For People Charter School
800 N Broad St
Distance between this listing and this school1.52 miles
Public Charter Grades KG-8
4
/10
Discovery Charter School
4700 Parkside Ave
Distance between this listing and this school1.53 miles
Public Charter Grades KG-8
Assigned Schools
3
/10
Strawberry Mansion High School
3133 Ridge Ave
Distance between this listing and this school0.77 miles
Public District Grades 9-12
Nearby Schools
2
/10
School of The Future
4021 Parkside Ave
Distance between this listing and this school1.00 miles
Public District Grades 9-12
8
/10
Carver High School
1600 W Norris St
Distance between this listing and this school1.30 miles
The neighbors living near this home have an average income of $30,385. The most common annual income of people living in Philadelphia, PA is less than $35k. The majority of families are 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 1501 N 31st St Unit 205
What is the listing price of this property?
The listing price of 1501 N 31st St Unit 205 property is $259,000.
What type of property is this?
The property 1501 N 31st St Unit 205 is a condo located in Philadelphia, Pennsylvania, 19121.
Is this property for sale now?
Active Listing: 1501 N 31st St Unit 205 is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1501 N 31st St Unit 205 are: William D. Kelley School: GreatSchools Rating 4/10Strawberry Mansion High School: GreatSchools Rating 3/10
How many bedrooms and bathrooms does this property have?
The property at 1501 N 31st St Unit 205 has 1 bedroom and 1 bathroom.
What is the square footage of this property?
The property 1501 N 31st St Unit 205 is 564 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1501 N 31st St Unit 205 is 2019.
This home is located at 1501 N 31st St Unit 205 in Philadelphia, PA and zip code 19121 in the Brewerytown neighborhood. This 564 square foot home was built in 2019. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since October 27, 2023 and is currently priced at $259,000.
In April 2024, from all listings sold in Philadelphia, PA there were more than 242 sold above asking price, over 502 sold below and more than 216 were sold right at the asked price. The inventory of homes for sale in Philadelphia, PA between March 2024 and April 2024 increased by 9.8%. While the average time on the market in April 2024 was 50 days, the median list price was $258,806.
From Rocket Homes Real Estate and based on county public records data.