tomo logo

$650,000

Beds
2
Baths
2.0
sq ft
1,558

1101 Locust St Unit 3A, Philadelphia, PA 19107

1101 Locust St Unit 3A

PHILADELPHIA, PA 19107

  • 21 days on market
This masterfully designed two-bedroom residence boasts over 1,550 square feet of magnificent living space. An impressive foyer and gallery invite you into an expansive living and dining area featuring gleaming hardwood floors, soaring 12-foot ceilings, and oversized windows that fill the space with an abundance of light. The gourmet kitchen is equipped with stainless steel appliances, rich granite counters, and ample space for a breakfast table. The oversized primary bedroom offers a walk-in closet with organizers and a wall of custom built-ins. The spa-like primary bathroom showcases marble tiles, a vanity with storage, and a glass-enclosed shower. The second bedroom, located at the opposite end of the home, is generously proportioned and includes an en-suite bathroom with a soaking tub. Association fee includes water, gas cooking, a fitness center, and a 24-hour concierge. Perfectly located in Washington Square West, this pet-friendly residence at the Western Union Building is steps away from fine dining, unique shopping, Jefferson University, and Washington Square.

Details

Property type

Condominium

Est. home value

$730,637

Lot size

Unknown

Price per sq ft

$418

Year built

2007

Annual property taxes

$9,231

HOA

No

Price History

03/12/2025
Bright

Bright #PAPH2451970

Listed
$650,000
+10.17%
05/15/2014
Bright

Bright #1002807576

Sold
$590,000

Schools & Community

Neighborhood: 

Washington Square

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

THE SCHOOL DISTRICT OF PHILADELPHIA

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

$260,130
Asking price
$650,000
Closing costs (~8% of asking)
-$52,000
Est. remaining loan balance
-$337,870
Cash to seller
$260,130

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

Seller’s Loan History

Lender

Newrez Llc

Loan start date

June 2021

Original loan amount

$368,000

Est. remaining balance

$337,870

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Alefiyah Sarma and Rajsekhar Sarma

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: 04/02/2025 at 7:10 PM

Listing updated: 03/26/2025 at 12:31 PM

Listed by: Andy Oei, BHHS Fox & Roach At the Harper, Rittenhouse Square Phone #: (215) 546-0550

MLS: Bright #PAPH2451970

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