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$249,900

Beds
1
Baths
1.0
sq ft
706

1420 Locust St Unit 7L, Philadelphia, PA 19102

1420 Locust St Unit 7L

PHILADELPHIA, PA 19102

  • 1458 days on market
    • Price drop $10,000↓
Fully renovated one bedroom boasting southern city views from a large private balcony! Unit 7L at the Academy House features beautiful appointments throughout, including new hardwood floors, large bay windows and generously sized rooms. Enter into a foyer with extra storage space that leads to the sun-soaked living and dining room. The living room features a wall of sliding glass doors that lead to a tremendous French balcony overlooking the Kimmel Center. Adjacent, the fully renovated kitchen has white shaker cabinetry with brass drawer pulls, neutral granite countertops, white/brown subway tile backsplash, an oversized sink and stainless steel appliances. The spacious bedroom enjoys use of a wall closet, walk-in closet and nearby full hall bathroom. The bathroom is updated with white subway tile flooring, a shower/tub, an oversized single vanity with granite countertop, and a utility closet with a stackable washer/dryer. Residents of Academy House enjoy a 24-hour doorman and a brand new, state-of-the-art fitness and aquatic center. There is valet parking in the building's garage for an additional monthly fee, subject to availability. The Academy House is located in the heart of Center City and within close walking distance to Rittenhouse Square, Washington Square, and the Broad Street and Market Street office corridors. The Philadelphia International Airport and Amtrak's 30th Street Station are easily accessible.

Details

Property type

Condominium

Est. home value

$248,988

Lot size

Unknown

Price per sq ft

$354

Year built

1977

Annual property taxes

$2,999

HOA

No

Price History

12/26/2020
Bright

Bright #PAPH836032

Listed
$249,900
+6.34%
09/30/2016
Bright

Bright #1002442304

Sold
$235,000

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

$114,010
Asking price
$249,900
Closing costs (~8% of asking)
-$19,992
Est. remaining loan balance
-$115,898
Cash to seller
$114,010

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

November 2016

Original loan amount

$141,000

Est. remaining balance

$115,898

Interest rate

3.42%

Loan type

New Conventional, 30 year

Seller

Michael R Kelly and Patricia A Kelly

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: 12/23/2024 at 10:30 AM

Listing updated: 11/04/2024 at 9:09 AM

Listed by: Allan Domb, Allan Domb Real Estate Phone #: (215) 545-1500

MLS: Bright #PAPH836032

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