2 years on rocket

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

$999,999

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths, 1 Partial
1,750 SqFt
$571/SqFt
Condo
Schools Nearby

Location

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1501 N 31st St Unit Ph12, Philadelphia$999,999

Buyer Closing Credits

$10,000*

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 #PAPH2053238
StatusActive
(ACTIVE)

About 1501 N 31st St Unit Ph12

Penthouse 12, just completed and move-in ready, is unequivocally the finest and most upscale residence available in Brewerytown. This penthouse is the best and most luxurious unit in Tower 2 of OTTO on the Park, a just-completed luxury condo building in Brewerytown. The crown jewel of Penthouse 12 is a one-of-a-kind high-end +/- 1,000 SF private rooftop deck equipped with a covered, fully equipped outdoor kitchen with top-of-the-line exterior grade cabinets, quartz countertop and appliances, ready for any fresh-air gourmet cooking. Grill lovers will rejoice with the high-end stainless steel grill. Enjoy beautiful afternoon barbecues and evening cook-outs with an unobstructed panoramic view of the Center City skyline. The private deck is thoroughly pre-wired with 12/24V low-voltage. wiring ready for a any type of lighting and sound package of the owner's choice. Deck materials are top of the line and carry a 50-year manufacturer warranty. A door connects the kitchen to the common rooftop terrace, avoiding the need to go to the main level and then back up again to access the common rooftop amenities - which include thousands of square feet of additional lounging and dining space, and a gated dog run area. PH12 spares no expense with its upgrades and exceptional fit + finish kit. With over 1,760 SF of interior living space and two balconies, the luxury lifestyle awaits, high above the neighborhood and on top of it all. Each bedroom features a full en-suite bathroom with heated floors, and a high-end closet fitted by California Closets, with two bedrooms featuring their own outdoor balconies/terraces. The main living area of Penthouse 12 features no-expense-spared kitchen cabinets, an extended-length island with waterfall quartz countertop, and a suite of matching high-end smart appliances. A separate laundry closet features a smart washer and dryer as well. Ample storage can be found in the additional walk-in closet in the foyer area, a pantry closet, plus three additional closets throughout the living area, all of which are fully decked out by California Closets (not including the three closets in the bedrooms). Other high-end finishes include quartz counters, floating vanities, high-tech appliance packages, washer-dryer in-unit, LED lighting, engineered hardwood floors, modern cabinetry, and heated floors in all bathrooms. For the technology buffs, the walls of Penthouse 12 hide CAT8 wiring for 40Mbps network connectivity, future-proofing this home for decades to come, even leading to the outdoor kitchen space to be hardwire-connected to high-speed internet hub if necessary. Two covered and EV-ready parking spots, located closest to the elevator entrance from the building's parking garage, can be included in the purchase. Ample building amenities include a package room, a hotel-style “porte cochere” (a covered valet drop-off/pick-up area) for guests and deliveries, secure gated and lit parking area, smart building access, dog wash, bicycle storage room, elevator, deluxe rooftop terrace with outdoor kitchen, lounge and dog run, panoramic city skyline views and more. The building and Penthouse 12 were designed by AIA-award-winning Interface Studio Architects and built by Equinox Construction. 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 across the street, a renowned food hall just opened right down the street, a supermarket just down the road, and many other dining and shopping locations — Otto on the Park is conveniently close to everything in the Brewerytown neighborhood and the City of Philadelphia.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2023
  • Living Area: 1,750 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Basement: No
  • Flooring Type: Engineered Wood

Bedroom and Bathroom Information:

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

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: $999,999
  • Price Per SqFt: $571/SqFt
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Housing Market Comparison

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

Med. Sold Price

$257.6K

Med. Price/SqFt

$195

Avg. Days On Market

54

# of Sold Homes

923

1501 N 31st St Unit Ph12 vs Philadelphia

845 DAYS ON ROCKET

+791 Days

$999,999

+$742.3K More

$571/SqFt

+$376 More

KEY TAKEAWAY

This property is $742.3K more than the Median Sold Price and $376/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: #PAPH2053238

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: 4/28/2024, 12:10:18 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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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-1827410
4
/10
  • William D. Kelley School

  • 1601 N 28th St

  • 0.27 miles

  • Public District Grades KG-8

High School

school-card-donut-1827411
3
/10
  • Strawberry Mansion High School

  • 3133 Ridge Ave

  • 0.77 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,385. Typical income of Philadelphia, PA residents is less than $35k annually. The most common type of family is 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 Ph12

What is the listing price of this property?

The listing price of 1501 N 31st St Unit Ph12 property is $999,999.

What type of property is this?

The property 1501 N 31st St Unit Ph12 is a condo 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.

What are the assigned schools for this property?

The assigned schools for 1501 N 31st St Unit Ph12 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 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 2023.

Rocket HomesPennsylvaniaPhiladelphia CountyPhiladelphia191211501 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 2023. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 04, 2022 and is currently priced at $999,999.

In March 2024, from all listings sold in Philadelphia, PA there were more than 228 sold above asking price, over 481 sold below and more than 214 were sold right at the asked price. The number of listings in Philadelphia, PA increased by 4.6% between February 2024 and March 2024. In March 2024 median list price was $257,610 and the average listing age was 54 days.

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

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