11 months on rocket

309 Arch St Unit 405, Philadelphia, PA, 19106

$280,000

Home List Price

$3,325*

Closing Credit

1 Bedroom
1 Full Bath
660 SqFt
$424/SqFt
Condo
Schools Nearby

Location

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309 Arch St Unit 405, Philadelphia$280,000

Buyer Closing Credits

$3,325*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOn Street
Year Built1900
HeatingForced Air
CoolingCentral Air
MLS #PAPH2235834
StatusActive
(ACTIVE)

About 309 Arch St Unit 405

The Hoopskirt Factory is a six-story 1875 building, which once housed the Klosfit Petticoat Factory, and was converted into apartments in the 1980s and condominium units in 2006. Walking through the long hallways, one can imagine the petticoat/hoopskirts swinging from the giant rafters above. The space between each floor is vacuous with soaring ceilings anchored by enormous wood beams--a perfect setting for carving unique residential loft spaces. The units have at least one lofted space and most embrace the rich exposed brick of the original factory. This unit boasts tall oversized windows, allowing east light to flood the space in the early hours, melting to soft natural hues later in the day. Lustrous wide plank wood floors run throughout the space, and a handsome brick wall towers along one side of the unit. A kitchen runs along the back wall with lovely espresso colored cabinets, a white subway tile backsplash and stainless steel appliances. A laundry closet with stacked units is nestled into the space next to the staircase. The dining area and living room spread out in the open floor plan comprising the main living level. The steps upstairs lead to a sleeping loft, a testament to industrial character with huge beams accenting the wood ceiling and floors. An attractive bathroom meshes contemporary style with old world character and features a white subway tile surround over a tub and shower combination within the natural wood space. Old City is a vibrant neighborhood that showcases Philadelphia's rich history, with towering brick and concrete facades lining the streets and cobblestone alleys. It is also a hub for public transportation, making it easy to get around the city. The neighborhood is home to cultural and historic institutions, as well as a wide array of boutiques, cafes, restaurants, and retail options. It is also the site of the Annual Fringe Festival and First Fridays, where galleries open up to showcase their new exhibits. Overall, Old City provides all the benefits of an urban lifestyle with a unique historical charm.

Property Details

Property Features

Property Information:

  • Architectural Style: Unit/Flat
  • Year Built: 1900
  • Living Area: 660 SqFt

Listing Office:

  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Listing Agent: Keri L. Bernstein

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:

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

Other

Directions Information:

  • Directions: Between 3rd and 4th on north side of street.

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $280,000
  • Price Per SqFt: $424/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

309 Arch St Unit 405 vs Philadelphia

340 DAYS ON ROCKET

+286 Days

$280,000

+$22.3K More

$424/SqFt

+$229 More

KEY TAKEAWAY

This property is $22.3K more than the Median Sold Price and $229/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: #PAPH2235834

Listing Office:

  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Listing Agent: Keri L. Bernstein

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

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.

Elementary School

school-card-donut-1925447
6
/10
  • General George A. McCall School

  • 325 S 7th St

  • 0.67 miles

  • Public District Grades KG-8

High School

school-card-donut-1925448
2
/10
  • Benjamin Franklin High School

  • 550 N Broad St

  • 1.16 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $89,304. Typical income of Philadelphia, PA residents is between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 309 Arch St Unit 405

What is the listing price of this property?

The listing price of 309 Arch St Unit 405 property is $280,000.

What type of property is this?

The property 309 Arch St Unit 405 is a condo located in Philadelphia, Pennsylvania, 19106.

Is this property for sale now?

Active Listing: 309 Arch St Unit 405 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 309 Arch St Unit 405 are:
General George A. McCall School: GreatSchools Rating 6/10
Benjamin Franklin High School: GreatSchools Rating 2/10

How many bedrooms and bathrooms does this property have?

The property at 309 Arch St Unit 405 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 309 Arch St Unit 405 is 660 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 309 Arch St Unit 405 is 1900.

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19106›309 Arch St Unit 405

This home is located at 309 Arch St Unit 405 in Philadelphia, PA and zip code 19106 in the Center City neighborhood. This 660 square foot home was built in 1900. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since May 23, 2023 and is currently priced at $280,000.

Philadelphia, PA housing market in March 2024 saw over 228 listings sold above listed price, more than 214 sold at listed price and over 481 sold below. Between February 2024 and March 2024, Philadelphia, PA real estate market has seen increase in the number of listings by 4.6%. In March 2024, listings were on the market for 54 days. During the same period, the median list price in this real estate market was $257,610.

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

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