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$360,000

Beds
1
Baths
1.0
sq ft
831

1714 Memphis St Unit 308, Philadelphia, PA 19125

1714 Memphis St Unit 308

PHILADELPHIA, PA 19125

  • 61 days on market
    • Price drop $7,500↓
**PARKING SPACE INCLUDED** Calling all loft lovers! Welcome to Memphis Flats, nestled in the heart of Fishtown. Once a bustling factory, this transformed gem now marries modern flair with industrial charm. Step into Unit 308, your one-bedroom, one-bath oasis boasting striking 11-foot timber ceilings, sleek polished concrete floors, and original exposed brick walls dripping with character and history. Bask in the northern light that floods the living space year-round—perfect for your plant babies and furry friends. The spacious bedroom invites you to sprawl out comfortably with a king bed and more. The current owners have pampered this space with upgrades like a revamped bathroom, a new Carrier HVAC system, a shiny new Bradford White water heater, and a snazzy LG Washer/Dryer—so kick back, relax, and let your worries melt away. Keep your home tranquil and clutter-free with a personal storage unit downstairs, then swing by the exercise room and bicycle storage for a quick workout or joyride whenever the mood strikes. Parking? It’s a breeze with your very own spot just steps from the main entrance. Low condo fees keep life affordable without skimping on perks. Don’t miss out on this blend of history, style, and pure comfort. Dive into the vibrant Fishtown lifestyle—easy living awaits!

Details

Property type

Condominium

Est. home value

$331,542

Lot size

Unknown

Price per sq ft

$434

Year built

1900

Annual property taxes

$4,030

HOA

No

Price History

09/03/2024
Bright

Bright #PAPH2374036

Price change
$360,000
-2.04%
08/16/2024
Bright

Bright #PAPH2374036

Price change
$367,500
-2%
07/17/2024
Bright

Bright #PAPH2374036

Listed
$375,000
+10.29%

Schools & Community

Neighborhood: 

Fishtown

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

$67,008
Asking price
$360,000
Closing costs (~8% of asking)
-$28,800
Est. remaining loan balance
-$264,192
Cash to seller
$67,008

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

September 2022

Original loan amount

$272,000

Est. remaining balance

$264,192

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Liyi Wang and Hanlong Zhang

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: 09/16/2024 at 4:25 PM

Listing updated: 09/09/2024 at 5:23 PM

Listed by: Melissa Rose LeGaspi, Elfant Wissahickon Realtors Phone #: (215) 866-0050

MLS: Bright #PAPH2374036

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