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$339,900

Beds
2
Baths
2.0
sq ft
1,068

1324 Locust St Unit 1604, Philadelphia, PA 19107

1324 Locust St Unit 1604

PHILADELPHIA, PA 19107

  • 120 days on market
    • Price drop $10,000↓
FRESH PRICE! Rarely available 2 Bedroom/2 bath CORNER PENTHOUSE in pristine condition with separate storage unit included at the Arts Condominium -- situated just off of Center City East and the Avenue of the Arts. 1,068 square feet. Beautiful hardwood flooring. Full kitchen with granite countertops and stainless steel appliances. Water heater in kitchen closet. Primary bedroom with full bath with tub. Second bathroom with stall shower. Located across from the Academy of Music, the Arts Condominium features: a grand lobby, a fitness center, on-site laundry facility, 24/7 lobby attendant and cable ready units. Incredibly low monthly condo fee of $877.72 includes electric, heat, water, fitness center and Comcast/Xfinity Performance Internet (resident responsible for Cable TV, if they opt for it). Free wireless Internet in lobby. On site bicycle parking for additional fee. Community room. Pet friendly building (1 cat or 1 dog; 40 lb limit.)

Details

Property type

Condominium

Est. home value

$356,291

Lot size

Unknown

Price per sq ft

$319

Year built

1922

Annual property taxes

$4,353

HOA

No

Price History

09/10/2024
Bright

Bright #PAPH2378762

Price change
$339,900
-2.86%
07/25/2024
Bright

Bright #PAPH2378762

Listed
$349,900
+1.42%
05/14/2021
Bright

Bright #PAPH999804

Sold
$345,000

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

$195,756
Asking price
$339,900
Closing costs (~8% of asking)
-$27,192
Est. remaining loan balance
-$116,952
Cash to seller
$195,756

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

Seller’s Loan History

Lender

Prosperity Home Mortgage Llc

Loan start date

June 2021

Original loan amount

$145,000

Est. remaining balance

$116,952

Interest rate

2.3%

Loan type

New Conventional, 15 year

Seller

Marisa S Bartolomei and Dalton G Paxman

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: 11/22/2024 at 5:00 AM

Listing updated: 09/19/2024 at 10:07 PM

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

MLS: Bright #PAPH2378762

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