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$79,000

Beds
Unknown
Baths
1.0
sq ft
345

1324 Locust St Unit 515, Philadelphia, PA 19107

1324 Locust St Unit 515

PHILADELPHIA, PA 19107

  • 36 days on market
    • Price drop $3,500↓
Amazing location. Cute studio apartment in the Avenue of the Arts neighborhood, where everyday essentials are within walking distance, and public transportation is right at your doorstep. Beautiful hardwood floors. The kitchen area includes a stovetop, mini-fridge, and a stainless steel sink. A spacious closet adjacent to the kitchen provides additional storage. The bathroom floor boasts classic black and white vintage tiling. High-speed internet, provided by Comcast, is included throughout the building. The building offers a fitness center, WiFi, a stunning marble lobby with a front desk, and package delivery services. Additional amenities include laundry facilities, a 24/7 front desk attendant, and an on-site salon/barbershop. Conveniently located minutes from the PATCO Eastbound to Lindenwold and Westbound to Philadelphia at the 12-13th and Locust stop, this home sits in the vibrant Avenue of the Arts South neighborhood. Nearby parks include Julian Abele Park, Seger Playground, and 1705 Rodman St. Park. With a Walk Score of 100, Transit Score of 100, and Bike Score of 89, this location offers unmatched accessibility.

Details

Property type

Condominium

Est. home value

$87,853

Lot size

Unknown

Price per sq ft

$229

Year built

1922

Annual property taxes

$1,203

Monthly HOA fee

$500

Price History

03/31/2025
Bright

Bright #PAPH2448160

Price change
$79,000
-4.24%
03/22/2025
Bright

Bright #PAPH2448160

Price change
$82,500
-2.94%
02/25/2025
Bright

Bright #PAPH2448160

Listed
$85,000
-9.48%

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

$2,637
Asking price
$79,000
Closing costs (~8% of asking)
-$6,320
Est. remaining loan balance
-$70,043
Cash to seller
$2,637

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

Seller’s Loan History

Lender

Homecomings Financial Llc

Loan start date

December 2007

Original loan amount

$108,000

Est. remaining balance

$70,043

Interest rate

6.26%

Loan type

Not Provided, 30 year

Seller

Michele L Johnson

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 7:50 PM

Listing updated: 03/31/2025 at 7:31 PM

Listed by: David Snyder, KW Empower Phone #: (215) 627-3500

MLS: Bright #PAPH2448160

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