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$589,900

Beds
2
Baths
2.5
sq ft
1,116

1701 Locust St Unit 1505, Philadelphia, PA 19103

1701 Locust St Unit 1505

PHILADELPHIA, PA 19103

  • 28 days on market
Meticulously maintained two bedroom, two and a half bathroom residence with high-end finishes and details at The Warwick Condominiums, steps from Rittenhouse Square. This spacious light-filled home offers sunrise city views from all rooms. The condominium features an open, split floor plan perfect for entertaining, while also providing the ultimate in privacy. Upon entering the home, you are welcomed into an expansive great room with a living room, dining room and chef's kitchen. The kitchen boasts dark wood cabinetry, granite countertops, GE stainless steel appliances and a breakfast bar with pendant lighting. The primary suite has a walk-in closet and ensuite bathroom appointed in marble with a deep soaking tub. The second bedroom also has a walk-in closet and ensuite bathroom appointed in marble with frameless stall shower. Additional home highlights include bamboo floors throughout, architectural ceiling details, a powder room and a stackable washer and dryer. Residents of The Warwick enjoy the same amenities as hotel guests including a 24-hour doorman; state-of-the-art fitness room; room service, maid service, valet parking and car service for an additional fee; and the convenience of three restaurants on the ground floor. Half a block from Rittenhouse Square, The Warwick provides easy access to all that Center City has to offer, including the Market Street office corridor, Avenue of the Arts, Walnut Street shopping, Parkway museums and Amtrak's 30th Street Station.

Details

Property type

Condominium

Est. home value

$682,816

Lot size

Unknown

Price per sq ft

$529

Year built

1928

Annual property taxes

$7,812

HOA

No

Price History

11/15/2024
Bright

Bright #PAPH2413972

Listed
$589,900
11/11/2024
Bright

Bright #PAPH2413972

Pending
$589,900
10/25/2024
Bright

Bright #PAPH2413972

Listed
$589,900
-15.73%

Schools & Community

Neighborhood: 

Rittenhouse

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

-$18,449
Asking price
$589,900
Closing costs (~8% of asking)
-$47,192
Est. remaining loan balance
-$561,157
Cash to seller
-$18,449

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

Seller’s Loan History

Lender

Gloria C Mackenzie Living Trust

Loan start date

August 2017

Original loan amount

$654,500

Est. remaining balance

$561,157

Interest rate

4.03%

Loan type

Not Provided, 30 year

Seller

Alexander Weinberg

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 12:10 AM

Listing updated: 11/15/2024 at 5:19 PM

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

MLS: Bright #PAPH2413972

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