2 years on rocket

1501 N 31st St Unit 217, Philadelphia, PA, 19121

$355,000

Home List Price

$4,216*

Closing Credit

2 Bedrooms
2 Full Baths
1,010 SqFt
$351/SqFt
Condo
Schools Nearby

Location

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1501 N 31st St Unit 217, Philadelphia$355,000

Buyer Closing Credits

$4,216*

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 #PAPH2075932
StatusActive
(ACTIVE)

About 1501 N 31st St Unit 217

Only a few units left at Philly's most affordable, new luxury condo development: Otto on the Park. With secure/gated parking (covered and EV charging available for fee), valet-style arrival parking in the front of the building, a luxurious lobby, elevator, rooftop kitchen, lounge + dog run, Otto on the Park provides residents and investors alike with style, comfort and convenience. Optimally positioned in Brewerytown right by Fairmount Park, nearby amenities include Rival Bros Cafe (grand opening next door), Brewerytown Food Hall, Crime & Punishment Brewing, Aldi Grocer, Bagels & Co, Whole Foods, Green Eggs Cafe, and so much more. The Museums District is walkable to the property, featuring world-class institutions like The Barnes, Philadelphia Museum of Art, Rodin Gallery, Calder Gardens, and more. The Schuylkill River and the trail are also walkable from Otto on the Park. Two-bedroom and Three-bedroom units remain available for sale while they last in Phase 2. The building features prominently in the neighborhood—adjacent to a neighborhood playground and park, with dramatic architectural presence and curb appeal, and "green space" views for the east facing unit line. The interiors are fitted out with beautiful fixtures, floors, tile, stone and appliances. Each unit has a private balcony and several units remaining feature their own private penthouse roofdecks! The common rooftop terrace is the ultimate environment to soak up skyline views, fireworks celebrations and park views — all while fostering a sense of community within the building. 10 year tax abatement. Enquire within for remaining unit types and parking availability.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2023
  • Living Area: 1,010 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: $355,000
  • Price Per SqFt: $351/SqFt
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Housing Market Comparison

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

Med. Sold Price

$258K

Med. Price/SqFt

$196

Avg. Days On Market

43

# of Sold Homes

906

1501 N 31st St Unit 217 vs Philadelphia

853 DAYS ON ROCKET

+810 Days

$355,000

+$96.9K More

$351/SqFt

+$155 More

KEY TAKEAWAY

This property is $96.9K more than the Median Sold Price and $155/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: #PAPH2075932

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: 6/2/2024, 2:20:33 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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$1,839

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,131

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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-6921684
4
/10
  • William D. Kelley School

  • 1601 N 28th St

  • 0.27 miles

  • Public District Grades KG-8

High School

school-card-donut-6921685
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. Most Philadelphia, PA residents have annual incomes less than $35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1501 N 31st St Unit 217

What is the listing price of this property?

The listing price of 1501 N 31st St Unit 217 property is $355,000.

What type of property is this?

The property 1501 N 31st St Unit 217 is a condo located in Philadelphia, Pennsylvania, 19121.

Is this property for sale now?

Active Listing: 1501 N 31st St Unit 217 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 217 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 217 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1501 N 31st St Unit 217 is 1,010 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1501 N 31st St Unit 217 is 2023.

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19121›1501 N 31st St Unit 217

This home is located at 1501 N 31st St Unit 217 in Philadelphia, PA and zip code 19121 in the Brewerytown neighborhood. This 1,010 square foot home was built in 2023. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 30, 2022 and is currently priced at $355,000.

In May 2024 more than 268 listings in Philadelphia, PA were sold above the asking price. During the same period more than 226 listings were sold at asking price, while more than 412 were sold below. The number of homes for sale in Philadelphia, PA increased by 7.2% between April 2024 and May 2024. In May 2024, listings were on the market for 43 days. During the same period, the median list price in this real estate market was $258,046.

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

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