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$89,500

Beds
Unknown
Baths
1.0
sq ft
342

1324 Locust St Unit 917, Philadelphia, PA 19107

1324 Locust St Unit 917

PHILADELPHIA, PA 19107

  • 265 days on market
    • Price drop $3,400↓
Unit #917 is a studio condo located in the beautiful and historic Arts Condominiums. Recently renovated, there are newer HARDWOOD FLOORS, a kitchenette, deep closet with tons of storage and a full bathroom with WALK IN SHOWER STALL. Additioanlly, the unit has central air conditioning + a ceiling fan and eastern views of the Kimmel Center. The Arts Condominium building features a 24/7 front desk attendant, fitness center, large laundry facilities and a business room with couches/flat screen TV etc. An ideal center city location, the building is within walking distance to PATCO, the Broad Street Subway line at Walnut/Broad, and some of the city's best restaurants, cafes, entertainment, theaters and shopping. Whether you're looking for a home away from home or a way to plant roots in the city, this unit is the perfect place to call yours.

Details

Property type

Condominium

Est. home value

$104,103

Lot size

Unknown

Price per sq ft

$262

Year built

1900

Annual property taxes

$1,231

Monthly HOA fee

$501

Price History

06/11/2024
Bright

Bright #PAPH2297974

Price change
$89,500
-3.66%
03/18/2024
Bright

Bright #PAPH2297974

Listed
$92,900
-5.2%
01/20/2017
Bright

Bright #1003634449

Sold
$98,000

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

$33,027
Asking price
$89,500
Closing costs (~8% of asking)
-$7,160
Est. remaining loan balance
-$49,313
Cash to seller
$33,027

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

Seller’s Loan History

Lender

Finance Of America Mortgage Llc

Loan start date

December 2016

Original loan amount

$86,400

Est. remaining balance

$49,313

Interest rate

2.78%

Loan type

New Conventional, 16 year

Seller

Edward W Wlotko and Nathan W Yarasavage

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 8:30 PM

Listing updated: 08/25/2024 at 11:03 AM

Listed by: Ariel L Morgenstein, JG Real Estate LLC Phone #: (215) 467-4100

MLS: Bright #PAPH2297974

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