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$769,000

Beds
2
Baths
2.5
sq ft
1,462

1414 S Penn Sq Unit 26H, Philadelphia, PA 19102

1414 S Penn Sq Unit 26H

PHILADELPHIA, PA 19102

  • 34 days on market
    • Price drop $26,000↓
The motivated owner will consider financial incentives including 1) Owner Financing @ 5% 2) Paid parking for 1 year 1 block away 3) Paid Capital Contribution Fee ($6,600). The owner can offer some of the financial incentives, but not all. Distinctive features: 1) 80-inch TV valued at $6,000 2) Fresh paint in June. 3) New toilets in 2023 4) Shimmering white stone wall 5) Upgraded light fixtures 6) Built-out closet space 7) Safe in Master bedroom closet 8) Mirrored wall in living room 9) Stone wall in powder room.Indulge in luxury living at The Residences at The Ritz-Carlton, where this 2-bed, 2.5-bath unit showcases spacious bedrooms and ample closet space. Electric blinds in the living room to unveil the stunning view to your guests, or obtain complete privacy at the touch of a button. Revel in stunning city views and captivating architecture. Nestled in the heart of the city, it's just steps away from City Hall, Rittenhouse Square Park, and some of the nation's finest restaurants. Experience the convenience of world-class amenities, including a gym, Yoga/Pilates Room, Indoor Lap Pool, Hot Tub, Lounge, Media Room, Outdoor Terrace, and Dog-Run. Enjoy the benefits of a 24hr Concierge, Doorman, a Residents Mercedes Town-Car, valet parking, and exclusive hotel discounts. Elevate your lifestyle seamlessly at The Residences at The Ritz-Carlton.

Details

Property type

Condominium

Est. home value

$888,361

Lot size

Unknown

Price per sq ft

$526

Year built

2009

Annual property taxes

$10,389

HOA

No

Price History

08/29/2024
Bright

Bright #PAPH2385946

Price change
$769,000
-3.27%
08/13/2024
Bright

Bright #PAPH2385946

Listed
$795,000
08/10/2024
Bright

Bright #PAPH2319022

Removed
$795,000

Schools & Community

Neighborhood: 

Rittenhouse

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

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

$186,894
Asking price
$769,000
Closing costs (~8% of asking)
-$61,520
Est. remaining loan balance
-$520,586
Cash to seller
$186,894

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

October 2015

Original loan amount

$640,000

Est. remaining balance

$520,586

Interest rate

3.93%

Loan type

New Conventional, 30 year

Seller

Donald W Finch Jr

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: 09/16/2024 at 4:35 PM

Listing updated: 08/29/2024 at 6:33 PM

Listed by: Kyle Marquis Brown, SERHANT PENNSYLVANIA LLC Phone #: (610) 635-9977

MLS: Bright #PAPH2385946

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