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$569,000

Beds
3
Baths
2.0
sq ft
1,494

1702 Lombard St, Philadelphia, PA 19146

1702 Lombard St

PHILADELPHIA, PA 19146

  • 67 days on market
    • Price drop $17,000↓
TENANT OCCUPIED THROUGH MAY 2025 | A tremendous opportunity to own a townhouse at the cusp of two top neighborhoods: Rittenhouse Square and Graduate Hospital. 1702 Lombard Street offers 4 levels of living space with modern appointments. Enter into an open front living room featuring hardwood flooring, a brick fireplace, recessed lighting, and crown moulding. The living room flows into the open kitchen, which offers granite countertops, stainless steel appliances, and a subway tile backsplash. Just beyond the kitchen are sliding Pella glass doors that lead to an oversized brick patio. The continuity between the kitchen and patio makes summertime BBQs a breeze! Back inside, follow the stairwell up to the second level which houses two bedrooms, closet space, and a white subway tile bathroom. The third level is home to the king-sized primary suite with a half-vaulted ceiling, two closets, a wonderfully updated primary bathroom with marble flooring, and a bonus linen closet. Be sure to check out the lower level, which is fully finished and provides convenient flex and storage space. An additional room off of the basement could serve several purposes: a media room, office, or studio. A laundry closet with a stacked washer and dryer and additional closet space completes the lower level. The perks of living at this address are countless! Locals enjoy the Schuylkill Banks trail and dog park, top restaurants in Rittenhouse Square, charming cafes in Graduate Hospital, several grocers, and quick access to I-76 and I-676. This location also offers convenient access to the University of Pennsylvania, CHOP, and HUP. Schedule your visit today! Disclaimers: The listing photos are from 2018; there may be some variation between the photos and the current condition. The second-floor office desk is no longer mounted to the wall; a basement photo has been virtually staged. Brokerage and salespersons do not guarantee property tax or square footage data, which should be independently verified by the buyer and their agent.

Details

Property type

Townhouse

Est. home value

$582,008

Lot size

608 sq ft

Price per sq ft

$381

Year built

1850

Annual property taxes

$10,190

HOA

No

Price History

03/26/2025
Bright

Bright #PAPH2438560

Price change
$569,000
-2.9%
01/24/2025
Bright

Bright #PAPH2438560

Listed
$586,000
+6.74%
09/30/2024
Bright

Bright #PAPH2323760

Removed
$549,000

Schools & Community

Neighborhood: 

Rittenhouse

Elementary school: 

GREENFIELD

Middle school: 

GREENFIELD

High school: 

FRANKLIN BENJAMIN

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

$162,971
Asking price
$569,000
Closing costs (~8% of asking)
-$45,520
Est. remaining loan balance
-$360,509
Cash to seller
$162,971

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

Seller’s Loan History

Lender

American Federal Mortgage Corp

Loan start date

December 2020

Original loan amount

$398,750

Est. remaining balance

$360,509

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Jian Ding

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: 04/01/2025 at 6:20 PM

Listing updated: 03/25/2025 at 9:06 PM

Listed by: Evan Frisina, Compass RE Phone #: (267) 435-8015

MLS: Bright #PAPH2438560

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