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Packer Park Perk #2: Golf, Fishing and Outdoor Activities!!

/ Jim Onesti, Realtor, Development Expert / Leave a comment

3One of Packer Park’s highly underrated attractions is its super close proximity to FDR Park in South Philadelphia.

When we sell homes in the area to out-of-town Buyers they are blown away by the underused green oasis within walking distance to our Neighborhood. It is definitely a huge selling point to be able to bike, jog, walk and golf nearby. In addition buyers love that the baseball/softball fields, kids playground, skateboard park, fishing, picnic & tennis areas, dog walking, nature walks and so much more are all within a couple of blocks of Packer Park!

Which other neighborhood in the city can boast that it is located two blocks away from a 348 Acre urban Oasis with a Golf course, about 125 acres of buildings, picnic areas, pathways for walking, landscaped architecture, and a variety of recreation areas placed within about 77 acres of natural lands including ponds and lagoons?

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Bordered by the South Philadelphia Sports Complex on South Broad Street, Interstate highway-95/Philadelphia Naval Yard and Pattison Avenue/ Packer Park residential neighborhood. Many Philadelphians enjoy it as a green “Oasis” for a variety of recreational activities.

2The park was built to the design of Olmsted Brothers, the firm of Frederick Law Olmsted and John Charles Olmsted in the early 1900’s. The parkland was reclaimed mostly from marshlands of Greenwhich Island one of several islands in the area created by river channels present in the 1700 and 1800’s. The use of the park for the Sesquicentennial Exposition in 1926 and subsequent improvements have moderately changed the original design, keeping the main character of the park west of Broad Street. The original plan of the Olmsted Brothers still remains highly visible and significant west of Broad Street. The official name was changed from League Island Park to Franklin Delano Roosevelt Park in the late 1940s and a golf course was constructed. The park’s boathouse, gazebo and American Swedish Historical Museum are reminders of the 1926 Exposition. In 2000, the park was added to the Philadelphia Register of Historic Places.

For more information on buying and selling in Packer Park, contact Jim Onesti today!
jonesti@mccannteam.com or 215.440.2052 Direct

Did You Know?

/ Jim Onesti, Realtor, Development Expert / Leave a comment

Picture1Did you know that the neighborhood around Vet Stadium which encompasses Broad, Juniper & 13th Street just below Packer Ave is not called the Vet Stadium Area?

Did you know that it is not park of Packer Park either?

The neighbors of this great little part of town worked to get full approval and are now known as South Boulevard Community!

PackerParkLiving is so excited for the residents of South Boulevard Community and we are here to help spread the word!!

Do you have some information to share or news to spread? Contact us today!!

Jim Onesti – Prudential Fox & Roach Realtors
215.440.2052 – jonesti@mccannteam.com

College Grant Available for Packer Park Students!

/ Jim Onesti, Realtor, Development Expert / Leave a comment

1Friends and neighbors of Packer Park, Jim Onesti of Prudential Fox & Roach Realtors is so pleased to announce a brand new grant program catered exclusively to families and students in the Packer Park Area.

Jim pledges to donate a portion of his commission from EVERY Packer Park home he sells towards one annual lucky winners college costs!

To be eligible you must be a resident of Packer Park and be accepted and registered to attend college the following fall. To enter please submit your name, address, contact information along with a short essay on who you are and why you think you deserve this grant. All entries must be received in advance, no exceptions.

No one sells more real estate in Packer Park than Jim…so the grant amount has a chance of being very large!!!

To be considered please forward your information to: jonesti@mccannteam.com or mail to:

Jim Onesti. Prudential Fox & Roach Realtors. The McCann Team. 530 Walnut St – Suite 260. Philadelphia PA 19106

Just Sold! Another Geary Estates Home Settles! 1900 Geary Settles at $545,000

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Just settled – 1900 Geary St – $545,000.

Congrats to the new owners! Be sure to introduce yourself to your wonderful new neighbors!! And if you haven’t seen these 3000 square foot New Construction Gem’s in Packer Park, South Philadelphia, please stop by, our model home will be ready by May 5th and it is amazing!!!!

Remaining homes are starting at $499,900 and come with 10 Year Tax Abatements, Roof decks, rear yards, 3 nor 4 bedrooms, hardwood floors throughout, amazing kitchens with granite counters and luxury stainless steel appliance packages and so much more!!

Jim Onesti, McCann Team, Prudential Fox and Roach Realtors

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For more info contact Jim Onesti 215.440.2052 or jonesti@mccannteam.com

Fantastic Packer Park Home For Rent!!

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pp1Gorgeous Packer Park Home For Rent!!

This is a 3 bed/2.5 bath home with Garage & Driveway Parking!

This fantastic home, located in The Reserve features a huge kitchen, tile baths, hardwood floors, spacious rear yard and deck! For only $2,500 per month this home comes with all of the bells and whistles that one could hope for!

Available 6/30/13             2754 Square Feet             Lot Size: 35×78

For more information or to schedule a showing contact Jim Onesti 215.440.2052 or jonesti@mccannteam.compp2

Packer Park Court, a 77-unit apartment building, is SOLD!!!!!!!!!!!!! 1859 Hartranft Street

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Packer Park Court, a 77-unit garden-style apartment community located on Hartranft Street in Packer Park has SOLD…Yep it’s official…. the asking price was $10,000,000…. the final sale price is not public information yet but our sources tell us it sold for very close to $8,500,000…

Packer Park Court is a rare building in the Packer Park area, which is dominated by single family homes, as we all know…

PPC’s location in this highly-desirable, safe and convenient Packer Park neighborhood of Philadelphia helped it command such a staggering sale price. The neighborhood is a family-oriented and pedestrian-friendly area filled to the brim with high-quality residential development.packer park court

Packer Park Cul-de-sac VS. Packer Park “Main Street” PART 2

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1pp  Our February 1st Blog titled, “Packer Park Cul-de-sac VS. Packer Park “Main Street”,   discussed which type of Packer Park Homes sell for more and are more desirable, homes located on a Packer Park Cul-de-sac or main street homes in Packer Park, we wanted to try to dissect the findings of our research a little further…..

As a reminder the results of our data crunching were as follows:

*Since there are many more main street homes than cul-de-sac homes in Packer Park, the number of main street sales was more than double the number of cul-de-sac home sales over the two year period examined in our evaluation.

*SALE PRICE: The average sale price for the cul-de-sac homes was $336,000. The average sale price for the main street homes was $320,000. (close to a 5% difference)

*PRICE PER SQUARE FOOT: The average price per square foot for the cul-de-sac homes was $291 per sq’. The average price per square foot for the main street homes was $277 per sq’.

*DAYS ON MARKET: Average days on market for the cul-de-sac homes was 222. Average days on market for the main street homes was 82. A HUGE difference!!!

But WHY???

We feel the main factor creating these numbers is Supply and Demand. Many of us often disregard how important this simple economic law is. Supply and demand although a simple theory is amazingly important… Supply and demand is the key indicator in todays Real Estate market in my opinion. Center City Philadelphia and the surrounding neighborhoods are experiencing price appreciation and an increased pace of sales because the inventory of homes for sale is almost 20% less than this time last year and is actually at its lowest point since 2006!!!!

Think of it this way…how many buyers are there in our market place right now? Thousands and Thousands…. if there were only two homes for sale in the city, how much would those homes sell for with a thousand buyers fighting over them??? the answer is ALOT!! That is supply and demand…

One of the main factors why Cul-de-sac homes have sold for 5% more than main Street homes and have a price per square foot much higher than the Main street homes is supply and demand… There are always 200-300% more main street homes for sale at any given time then Cul-de-sac homes in Packer Park.

There are other reasons as well but none as Obvious as this.

Currently there are only 9  homes for sale in Packer Park between 250k and 400k..!! If you are looking to sell now may be the time! If you are looking to buy, don’t waste anymore time!!