tomo logo

$199,000

Beds
Unknown
Baths
1.0
sq ft
494

1326 Spruce St Unit 902, Philadelphia, PA 19107

1326 Spruce St Unit 902

PHILADELPHIA, PA 19107

  • 80 days on market
    • Price drop $6,000↓
The coveted "Center City One" has a new listing: one of the rarely available studios. Sun-drenched condominium with a large Balcony and spectacular southern views, Eat-in Kitchen with new appliances, Brand-New Bathroom, in-unit Washer and Dryer, five Closets and a deeded Extra Storage Box in the basement. Located just across from Kimmel Center and at equal distance between Rittenhouse Square and Washington Square, "Center City One" building is known for its top notch management with 24/7 manned Front Desk for security and an in-house maintenance team for residences' convenience. There is also the potential to rent a Parking Space in the building's attached Garage - subject to availability. If you are looking to buy it as an investment or as a rental property, this is an excellent choice, constantly attracting tenants, given its proximity to Philadelphia's main hospitals, theaters, restaurants and main public transportation means. Tenant occupied until March 2025 or earlier, negotiable - according to the buyer's needs.

Details

Property type

Condominium

Est. home value

$256,568

Lot size

Unknown

Price per sq ft

$403

Year built

1974

Annual property taxes

$1,769

Monthly HOA fee

$416

Price History

07/16/2024
Bright

Bright #PAPH2373122

Price change
$199,000
-2.93%
07/05/2024
Bright

Bright #PAPH2373122

Listed
$205,000
+10.81%
01/13/2016
Bright

Bright #1002731186

Sold
$185,000

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

$76,379
Asking price
$199,000
Closing costs (~8% of asking)
-$15,920
Est. remaining loan balance
-$106,701
Cash to seller
$76,379

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

December 2015

Original loan amount

$130,000

Est. remaining balance

$106,701

Interest rate

3.98%

Loan type

New Conventional, 30 year

Seller

Sallie F Gorohoff and Henry Gorohoff

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 6:30 PM

Listing updated: 08/14/2024 at 6:34 AM

Listed by: Cristiana Aghinii, BHHS Fox & Roach-Center City Walnut Phone #: (215) 627-6005

MLS: Bright #PAPH2373122

Bright logo

Recently listed in PHILADELPHIA

$225,000|3 bd|1.0 ba|Townhouse
$120,000|3 bd|1.0 ba|Townhouse
$155,000|3 bd|2.0 ba|Townhouse
$99,900|2 bd|1.0 ba|Townhouse
$245,000|4 bd|2.0 ba|Townhouse
$90,000|2 bd|1.0 ba|Townhouse
$679,900|4 bd|2.5 ba|Townhouse