13 days on rocket

1501 N 31st St Unit 417, Philadelphia, PA, 19121

$385,000

Home List Price

$4,572*

Closing Credit

2 Bedrooms
2 Full Baths
1,142 SqFt
$337/SqFt
Condo
Schools Nearby

Location

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1501 N 31st St Unit 417, Philadelphia$385,000

Buyer Closing Credits

$4,572*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingParking Lot
Year BuiltNew Const., 2023
HeatingCentral
CoolingCentral Air
ViewCity, Panoramic, Park
MLS #PAPH2344952
StatusActive
(ACTIVE)

About 1501 N 31st St Unit 417

Otto on the Park: Philly's newest boutique luxury condo development is now move-in-ready! Ask about our interest rate buy-down program with our preferred lender and save as much as 2% on your mortgage by locking in today. 2bd, 3bd units + select penthouses (with private roofdecks) remain available for sale, while they last. Contemporary fit and finish kits include quartz counters, floating vanities, high-tech appliance packages, washer-dryer in-unit, LED lighting, engineered hardwood floors, modern cabinetry, tile and plumbing fixtures—plus optional upgrades like heated floors. Amenities include a package room, porte cochere (valet) for guests and deliveries, secure gated and lit parking area, dog wash, elevator, deluxe rooftop terrace with outdoor kitchen, lounge and dog run, panoramic city skyline views and more. Each unit has its own private balcony for dedicated outdoor space. Designed by AIA-award-winning Interface Studio Architects and built by Equinox Construction & Management. Walkable to Fairmount Park, the largest urban park in the USA; and iconic destinations like Boathouse Row and the Philadelphia Museum of Art. Also walkable to Schuylkill River Trail, Fairmount amenities and shopping; and the vibrant Girard Avenue commercial corridor lined with pubs, breweries, cafes, restaurants and shops. A well-known coffee shop is opening just a few doors down from Otto, plus a renowned food hall just opened right down the street — Otto on the Park is convenient to everything in the Brewerytown neighborhood and The City of Philadelphia. 10 year tax abatement, low condo fees, 1-car parking available. EV parking and covered parking available for an additional fee. Taxes, condo fees and SF are estimated. There is a full 10 year tax abatement. Buyer's responsibility to verify taxes, condo fees and square footages during due diligence. One parking spot included; the second parking spot would cost an additional $25K.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2023
  • Living Area: 1,142 SqFt

Listing Office:

  • Office Name: Compass Pennsylvania, LLC
  • Office Phone: (267) 448-3744
  • Listing Agent: Ryan J McManus

Interior Features

Interior Information:

  • Appliances: Washer, Dryer
  • Basement: No
  • Flooring Type: Engineered Wood

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: City, Panoramic, Park
  • Exterior: BBQ Grill, Exterior Lighting, Other

Parking Information:

  • Parking: Parking Lot

Utilities

Utilities Information:

  • Heating: Central
  • 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: USE GPS

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $385,000
  • Price Per SqFt: $337/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

$258.8K

Med. Price/SqFt

$196

Avg. Days On Market

50

# of Sold Homes

960

1501 N 31st St Unit 417 vs Philadelphia

13 DAYS ON ROCKET

-37 Days

$385,000

+$126.1K More

$337/SqFt

+$141 More

KEY TAKEAWAY

This property is $126.1K more than the Median Sold Price and $141/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: #PAPH2344952

Listing Office:

  • Office Name: Compass Pennsylvania, LLC
  • Office Phone: (267) 448-3744
  • Listing Agent: Ryan J McManus

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: 5/2/2024, 12:24:12 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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Recommended Financing

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Rate/APR

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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.

Elementary School

school-card-donut-4492130
4
/10

  • William D. Kelley School

  • 1601 N 28th St

  • 0.27 miles

  • Public District Grades KG-8

High School

school-card-donut-4492131
3
/10

  • Strawberry Mansion High School

  • 3133 Ridge Ave

  • 0.77 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,385. Most Philadelphia, PA residents have annual incomes less than $35k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1501 N 31st St Unit 417

What is the listing price of this property?

The listing price of 1501 N 31st St Unit 417 property is $385,000.

What type of property is this?

The property 1501 N 31st St Unit 417 is a condo located in Philadelphia, Pennsylvania, 19121.

Is this property for sale now?

Active Listing: 1501 N 31st St Unit 417 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 417 are:
William D. Kelley School: GreatSchools Rating 4/10
Strawberry Mansion High School: GreatSchools Rating 3/10

How many bedrooms and bathrooms does this property have?

The property at 1501 N 31st St Unit 417 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1501 N 31st St Unit 417 is 1,142 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1501 N 31st St Unit 417 is 2023.

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19121›1501 N 31st St Unit 417

This home is located at 1501 N 31st St Unit 417 in Philadelphia, PA and zip code 19121 in the Brewerytown neighborhood. This 1,142 square foot home was built in 2023. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $385,000.

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. Between March 2024 and April 2024, Philadelphia, PA real estate market has seen increase in the number of listings 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.

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