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$305,000

Beds
1
Baths
1.5
sq ft
865

1420 Locust St Unit 31D, Philadelphia, PA 19102

1420 Locust St Unit 31D

PHILADELPHIA, PA 19102

  • 2 days on market
Discover Urban Living at its finest in This Luxurious Condo! Step into sophistication and elegance with this stunning 1-bedroom, 1.5-bathroom condo located in the prestigious Academy House, just moments away from the vibrant pulse of Center City and the iconic Rittenhouse Square. Embrace the natural light that floods through the expansive windows, offering breathtaking views of the city skyline and the serene Delaware River. Relax and unwind on your private balcony, seamlessly blending indoor comfort with outdoor tranquility. The newly renovated kitchen exudes modern luxury, featuring sleek finishes and ample storage space that seamlessly flows into the spacious living and dining area—perfect for hosting guests or enjoying quiet evenings in. With generous closet space and an additional half bath for guests, this condo effortlessly combines style with functionality. A designated office nook provides the perfect space for remote work or personal reflection. Rich hardwood floors throughout create an inviting ambiance, while the array of amenities at Academy House, including a 24-hour doorman, fitness center, sauna, indoor pool, and communal work area, elevate your living experience to new heights. Perched on the 31st floor, the panoramic views from this condo are unmatched, offering a truly exceptional living experience that you'll cherish every day. Located in a thriving community filled with cultural attractions, fine dining, and exciting nightlife, this condo is a rare find. Condo fees covering water, HVAC, and electricity simplify city living for your convenience. As an added bonus, Academy House residents enjoy special parking rates for convenient parking options. Potentially turn-key and move-in ready, this condo comes with all furnishings negotiable, allowing you to seamlessly transition into your new home. Don't miss out on the opportunity to own this exquisite piece of Philadelphia —schedule your private showing today and make this urban oasis your new home!

Details

Property type

Condominium

Est. home value

$299,546

Lot size

Unknown

Price per sq ft

$353

Year built

1977

Annual property taxes

$4,115

HOA

No

Price History

11/02/2024
Bright

Bright #PAPH2413682

Listed
$305,000
+5.17%
05/10/2023
Bright

Bright #PAPH2202204

Sold
$290,000

Schools & Community

Neighborhood: 

Rittenhouse

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

School district: 

PHILADELPHIA CITY

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

$52,380
Asking price
$305,000
Closing costs (~8% of asking)
-$24,400
Est. remaining loan balance
-$228,220
Cash to seller
$52,380

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

Seller’s Loan History

Lender

Prosperity Home Mortgage Llc

Loan start date

May 2023

Original loan amount

$232,000

Est. remaining balance

$228,220

Interest rate

6.42%

Loan type

New Conventional, 30 year

Seller

Christine Farag

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: 11/04/2024 at 5:20 PM

Listing updated: 11/02/2024 at 11:09 AM

Listed by: Michael DeFiore, Houwzer, LLC Phone #: (267) 765-2080

MLS: Bright #PAPH2413682

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