City Block Team Local & Open Houses–Discussing School Catchment Lotteries












    Please join us this weekend at Philly’s best homes

    CITY BLOCK LOCAL: Discussing Catchment Concerns 
    February 17th, 2017

    Inquirer Education writer Kristen A. Graham wrote an article (featured on Philly.com on February 12th) regarding the Meredith catchment school overcrowding and a lottery being instituted for Kindergarten. Needless to say, this has neighborhood residents worried.  Not just catchment parents but also other home owners in the Meredith boundaries who wonder about how this will affect their property values.
     
    My neighborhood experienced a similar thing four years ago when the School District abruptly announced a kindergarten lottery for the
    Penn Alexander School catchment.  We had the same worries.  I had a son approaching kindergarten age, and of course everyone asked me about the neighborhood’s future property values.  Would it still sell for a premium? In University City, the answer turned out to be a resounding yes. 
     
    As with Meredith, Penn Alexander neighborhood parents and residents were unsure of what would happen. So were buyers, at first.  But then something interesting occurred.  Some parents looked for backup schools like TPS, Germantown Friends, and others.  And a few sent their kids to those schools.  Also, the District cracked down on attendees living outside the catchment.  And it was enough that in that first year, every neighborhood kid who wanted a spot in kindergarten got one.  And then the following year.  And the next and the next.  Every kid got in.  Issue solved.
     
    And property values were not affected negatively at all.  In fact,
    University City and the Penn Alexander Catchment continue as one of the very top hottest residential neighborhoods in the city.  The demand so exceeds the supply it is amazing.
     
    Moving forward, I look forward to continued success for the
    Meredith School and the neighborhood.  While there are, of course, some differences to the Penn Alexander situation, there are many more similarities.  If anyone would like to discuss in more detail, please contact me at any time.  And you can read Kristen Graham’s piece here
    And you can read a 2014 piece that I wrote about Penn Alexander
    here.
     
    -Jeff 

    CITY BLOCK TEAM FEATURED LISTING



    4300 SPRUCE STREET, #B303

    $379,000
    Spacious 2 bedroom, 2 full bath residence in a
    premier University City building. 

     Ideal location. 4300 Spruce was completely rehabbed
    (all new systems) in 2008 with Tax Abatement thru 2018. 

    Open House this Sunday, February 19th: 12:00pm-1:30pm











    To schedule a private showing of this significant property, 
    please email
    jeff@jeffcityblock.com

    CITY BLOCK TEAM OPEN HOUSES
    FEBRUARY 19th


    NEW LISTING
    723 Clymer Street
    Sunday, February 19th:
    11:30pm-1:30pm

    Warm and wonderful 3 bedroom townhome on a best Bella Vista block. Bright and beautiful.

    $445,000


    NEW LISTING
    1600 Arch Street,
    #1204

    Sunday, February 19th:
    12;00pm-1:30pm

    Spacious 1 bedroom condo with modern finishes in an excellent building and location.

    $334,900


    105 S. 12th Street, #204
    Sunday, February 19th:
    12:00pm-1:30pm

    High-end loft condo in the heart of Midtown Village with a 100 WalkScore.
    Live in an amazing residence in the
    heart of it all.  

    $630,000


    4300 Spruce Street, #B303
    Sunday, February 19th:
    12:00pm-1:30pm

    Spacious 2 bedroom, 2 full bath residence in a premier University City building. Ideal location.
    $379,000


    712 S. Bancroft Street
    Sunday, February 19th:
    12:30pm-1:30pm

    Bancroft Green is the most sustainable luxury new construction in Philly, and this is the first Phase II resale of these long sold-out homes. 
    $598,000


    4200 Pine Street, #101
    Sunday, February 19th:
    2:00pm-3:00pm

    Bright and beautiful 1 bedroom condo with big windows on 3 exposures and large private terrace in a serene courtyard setting.  One of the only University Condos you will ever find with PRIVATE OUTDOOR SPACE.
    $310,000

    Open houses subject to change and cancellation (when homes sell!).
    Please click 
    here to view up to date listing information.

    SELECT CITY BLOCK TEAM LISTINGS


    1725 Pine Street
    Significant renovated Rittenhouse Square 5 unit, income producing property. The owner-occupant of 40 years is an interior designer who has spared no expense and used the finest workmen to continuously maintain and improve this property over the previous 4 decades.
    $2,700,000


    23 S. 23rd Street, #3A
    Sunday, February 19th: 2:00pm-3:00pm
    14′ ceilings, an open floorplan, hardwood floors, and huge windows highlight this premier oversized loft 1 bedroom, 1.5 bath residence. In the luxury building–23. 
    $449,000


    1021 Lombard Street
    Warm and wonderful 3 bedroom plus office, 2.5 bath townhome in an awesome location.
    $572,500


    2328 Madison Square
    Wide townhome with good light and character and on one of Graduate’s most desirable blocks.
    $335,000


    4533 Osage Avenue
    Sun-drenched 4 bedroom, 2½ bath townhome with 2 splendid family rooms, several bonus spaces and nooks, a covered front porch and a huge garden.
    $625,000


     4617 Pine Street, #H605
    Gorgeous, spacious residence
    in the desirable
    Garden Court 
    Condominium.
    $355,000


    4843 Osage Avenue
    Spacious South-facing home on one of University City’s loveliest blocks. 2-car Parking (GARAGE and driveway) plus
    plentiful street parking.

    $355,000


    1518 North Street, #2
    Gorgeous, spacious, and oh-so-bright 3 bedroom, 3 full bath bi-level condo.
    $469,000






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