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$639,900

Beds
3
Baths
3.5
sq ft
2,348

1023 Morris St, Philadelphia, PA 19148

1023 Morris St

PHILADELPHIA, PA 19148

  • 54 days on market
    • Price drop $10,100↓
Welcome to 1023 Morris Street! This beautifully renovated home sits on an extra wide and extra deep 17x61 foot lot, right in the heart of Philadelphia’s best neighborhood, East Passyunk. Just steps from the award winning nationally recognized restaurants and shops along East Passyunk Ave, this 3 bed 3.5 bath home has it all…including gorgeous exposed brick and approximately FIVE years left on the TAX ABATEMENT! With a Walkscore of 98(!), everything you would ever need is right outside your front door…Barcelona Wine Bar, Laurel, Stateside, Palizzi Social Club, Varallo Brothers Bakery, Vincenzo’s Deli, Cantina Los Caballitos, River Twice, Rival Bros Coffee, Acme supermarket, CVS…the list goes on an on. You’re a 10 minute walk to the Italian Market, and just a 5 minute walk to the Tasker-Morris stop of the Broad Street Subway line, providing quick and easy access to Center City, the stadiums, and local hospitals and universities. Homes this nice, in this great a location, at this price point don’t come to market very often…schedule your showing today!

Details

Property type

Townhouse

Est. home value

$590,014

Lot size

1,007 sq ft

Price per sq ft

$273

Year built

1920

Annual property taxes

$2,639

HOA

No

Price History

11/18/2024
Bright

Bright #PAPH2414892

Price change
$639,900
-1.55%
10/29/2024
Bright

Bright #PAPH2414892

Listed
$650,000
+17.54%
03/05/2019
Bright

Bright #1002219010

Sold
$553,000

Schools & Community

Neighborhood: 

East Passyunk

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

PHILADELPHIA CITY

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$113,940
Asking price
$639,900
Closing costs (~8% of asking)
-$51,192
Est. remaining loan balance
-$474,768
Cash to seller
$113,940

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Citizens Bank Na

Loan start date

January 2022

Original loan amount

$505,000

Est. remaining balance

$474,768

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Frank A Pellicone Jr and Todd W Nothstein

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/22/2024 at 2:50 PM

Listing updated: 12/05/2024 at 2:54 PM

Listed by: Gregg Kravitz, OCF Realty LLC - Philadelphia Phone #: (215) 735-7368

MLS: Bright #PAPH2414892

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