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$160,000

Beds
1
Baths
1.0
sq ft
500

1601 Spring Garden St Unit 301, Philadelphia, PA 19130

1601 Spring Garden St Unit 301

PHILADELPHIA, PA 19130

  • 272 days on market
    • Price drop $10,000↓
Come check out one of the best units at The Colonnade, a historic building with modern amenities. This unit is filled with light and skyline views. Featuring in unit laundry, a nice galley kitchen, spacious bathroom and a lot of storage. The oversized bedroom features great closet space, high ceilings and huge rustic windows to gaze out into the city at night. Other amenities of this unit include: programmable thermostat, stylish paint, bamboo flooring and so much more. Amenities in the building include 24 hour concierge, fitness center and a welcoming lobby to relax in.

Details

Property type

Condominium

Est. home value

$158,893

Lot size

Unknown

Price per sq ft

$320

Year built

1832

Annual property taxes

$1,902

HOA

No

Price History

10/24/2024
Bright

Bright #PAPH2335410

Price change
$160,000
-5.88%
09/21/2024
Bright

Bright #PAPH2335410

Price change
$170,000
-2.86%
09/12/2024
Bright

Bright #PAPH2335410

Price change
$175,000
-2.78%

Schools & Community

Neighborhood: 

Spring Garden

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$68,545
Asking price
$160,000
Closing costs (~8% of asking)
-$12,800
Est. remaining loan balance
-$78,655
Cash to seller
$68,545

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

Seller’s Loan History

Lender

Better Mortgage Corporation

Loan start date

January 2021

Original loan amount

$101,396

Est. remaining balance

$78,655

Interest rate

2.26%

Loan type

New Conventional, 15 year

Seller

Omar Kabeer

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: 12/22/2024 at 2:05 PM

Listing updated: 10/24/2024 at 3:43 PM

Listed by: Kelly D Patrizio, Coldwell Banker Realty Phone #: (215) 923-7600

MLS: Bright #PAPH2335410

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