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$2,695,000

Beds
3
Baths
3.5
sq ft
3,422

1601 Locust St Unit 1300, Philadelphia, PA 19102

1601 Locust St Unit 1300

PHILADELPHIA, PA 19102

  • 474 days on market
    • Price drop $55,000↓
Stunning custom-built full floor residence with luxurious finishes, panoramic city views, and a balcony at The Lanesborough in Center City. This contemporary home includes 3 bedrooms, a private home office, 3.5 bathrooms, Mercier hardwood floors with herringbone inlay, and a plethora of custom appointments and high-end systems. Enter off of the building's secure, fobbed elevator into the custom vestibule with black French doors. Past the entry is the grand center gallery which runs the length of the home. There is a powder room on one side of the hall and laundry closet with LG front load washer and dryer on the other. The private balcony showcasing spectacular city views is also located here. At the end of the center gallery past the bedrooms and office is the open great room with living/dining area and kitchen. An ideal space for both living and entertaining! The expansive living/dining area features multiple windows for ample natural light, a decorative reflective ceiling, a surround sound entertainment system, and a 75” Samsung Art TV with new gold frame. The open chef’s kitchen features custom Honeybrook cabinetry, Taj Mahal quartzmite kitchen counters, and a state of the industry appliance package which includes Miele built-in refrigerator/freezer, Miele professional gas range, Bosch fully integrated dishwasher, Marvel wine & beverage center, Dacor fully integrated wine dispenser & preservation system, and Miele built-in coffee center with Marvel integrated refrigerator drawers. All of the bedrooms feature walk-in designer inspired closets and full ensuite bathrooms. The spacious primary bedroom boasts large windows, a decorative wall feature, a 65” QLED TV, and a large walk-in closet with built-in shelving and drawers. The gorgeous primary bathroom includes two separate vanities, built-in linen storage, large soaking tub, and an Italian marble oversized walk-in shower with frameless glass entry and accent lighting. Across from the primary bedroom is the home office with French doors and built-ins. Additional home details include an automated window shading system, an automated lighting system, an “ahead of the curve” computer network, and a music system that includes architectural speakers installed throughout the home that are easily controlled via smart device app. The Lanesborough offers residents the highest level of finish in each space. This elegant boutique building is one of a kind and is sure to please the most discerning purchaser of a Center City high-rise home. Residents enjoy a twenty-four hour doorman and concierge and state-of-the-art fitness center. One 10' x 12' storage unit located in the basement of the building is included.

Details

Property type

Condominium

Est. home value

$2,549,988

Lot size

Unknown

Price per sq ft

$788

Year built

1929

Annual property taxes

$35,493

HOA

No

Price History

12/05/2024
Bright

Bright #PAPH2274052

Price change
$2,695,000
-2%
11/06/2024
Bright

Bright #PAPH2274052

Price change
$2,750,000
-1.61%
09/08/2023
Bright

Bright #PAPH2274052

Listed
$2,795,000

Schools & Community

Neighborhood: 

Rittenhouse

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

PHILADELPHIA CITY

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Republic First Bank

Loan start date

September 2021

Original loan amount

$1,100,000

Est. remaining balance

Not provided

Interest rate

2.87%

Loan type

Building or Construction Loan

Seller

Russell Road Lanesborgh Llc

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: 12/25/2024 at 3:40 AM

Listing updated: 12/16/2024 at 4:24 PM

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

MLS: Bright #PAPH2274052

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