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$1,435,000

Beds
2
Baths
2.5
sq ft
1,645

1414 S Penn Sq Unit 35F, Philadelphia, PA 19102

1414 S Penn Sq Unit 35F

PHILADELPHIA, PA 19102

  • 61 days on market
RARE MOST DESIRABLE 2 BEDROOM RENTAL AT BEST ADDRESS IN THE CITY. Exquisitely furnished modern apartment with the best views in Philadelphia on the 35th floor overlooking both City Hall with the additional views of the western sunsets and skyline. Experience luxury living at its finest in this stunning corner unit, widely regarded as the most desirable 2-bedroom residence at The Residences at The Ritz-Carlton. Enjoy breathtaking wrap-around views of City Hall, William Penn, and the Delaware River from this contemporary 35th-floor home. Designed by Handel Architects, the residence features floor-to-ceiling windows, and 10' ceilings, and all new wide plank flooring throughout. The gourmet kitchen boasts top-of-the-line appliances. Retreat to the master suite with a luxurious ensuite bath featuring Calacatta marble and a Bain Ultra soaking tub. Residents enjoy valet parking, a chauffeur-driven town car service, an all new outdoor terrace with outdoor kitchens and multiple sitting areas with firepits, multiple dining areas, an all new private outdoor dog park, a state-of-the-art fitness center, landscaped park, residents' lounge, and much more. With 24/7 concierge services and access to The Ritz-Carlton hotel amenities, including in-residence dining and housekeeping, this property offers the ultimate urban luxury lifestyle. Conveniently located near restaurants, shops, theaters, and major interstates, this is city living at its finest.

Details

Property type

Condominium

Est. home value

$1,461,080

Lot size

Unknown

Price per sq ft

$873

Year built

2009

Annual property taxes

$18,482

HOA

No

Price History

10/04/2024
Bright

Bright #PAPH2392176

Listed
$1,435,000
+1.06%
03/30/2022
Bright

Bright #PAPH2050030

Sold
$1,420,000
+4.8%
05/25/2014
Bright

Bright #1002909654

Sold
$1,355,000

Schools & Community

Neighborhood: 

Rittenhouse

Elementary school: 

ALBERT M. GREENFIELD SCHOOL

Middle school: 

ALBERT M. GREENFIELD

High school: 

BENJAMIN FRANKLIN

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

$309,058
Asking price
$1,435,000
Closing costs (~8% of asking)
-$114,800
Est. remaining loan balance
-$1,011,142
Cash to seller
$309,058

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

Seller’s Loan History

Lender

Homexpress Mortgage Corp

Loan start date

March 2022

Original loan amount

$1,065,000

Est. remaining balance

$1,011,142

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Kristen Mcgonigal

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: 11/22/2024 at 6:50 AM

Listing updated: 10/04/2024 at 12:16 AM

Listed by: Leah Atlas, SERHANT PENNSYLVANIA LLC Phone #: (610) 635-9977

MLS: Bright #PAPH2392176

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