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$85,000

Beds
Unknown
Baths
1.0
sq ft
319

1324 Locust St Unit 721, Philadelphia, PA 19107

1324 Locust St Unit 721

PHILADELPHIA, PA 19107

  • 489 days on market
    • Price drop $5,000↓
Welcome to a lovely studio apartment in the Avenue of the Arts neighborhood, where daily errands do not require a car and world-class public transportation is at your doorstep. You will be delighted with the open floor plan that includes a living area and kitchen, and the gorgeous wood flooring throughout the unit. The kitchen is equipped with a mini fridge, 2-burner stove top, and a dishwasher. Additionally, there is a bonus closet with a built-in full-length mirror and interior shelving next to the kitchen. The property is being sold in As-Is condition. Just minutes away from the PATCO Eastbound to Lindenwold and the PATCO Westbound to Philadelphia at the 12-13th and Locust stop, this location is in the heart of the Avenue of the Arts South neighborhood in Philadelphia. 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 area offers unparalleled convenience and accessibility. Schedule your visit today!

Details

Property type

Condominium

Est. home value

$86,296

Lot size

Unknown

Price per sq ft

$267

Year built

1900

Annual property taxes

$1,142

Monthly HOA fee

$473

Price History

09/13/2024
Bright

Bright #PAPH2238756

Listed
$85,000
08/23/2024
Bright

Bright #PAPH2238756

Removed
$85,000
05/23/2023
Bright

Bright #PAPH2238756

Listed
$85,000

Schools & Community

Neighborhood: 

Washington Square

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks, Street Lights

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

-$7,237
Asking price
$85,000
Closing costs (~8% of asking)
-$6,800
Est. remaining loan balance
-$85,437
Cash to seller
-$7,237

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

September 2012

Original loan amount

$118,000

Est. remaining balance

$85,437

Interest rate

3.59%

Loan type

New Conventional, 30 year

Seller

Michael Ford and Lori L Ford

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: 09/23/2024 at 2:30 PM

Listing updated: 09/19/2024 at 10:16 PM

Listed by: Maria Maria Quattrone Quattrone, RE/MAX @ HOME Phone #: (215) 607-3535

MLS: Bright #PAPH2238756

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