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$530,000

Beds
2
Baths
1.5
sq ft
1,737

1718 Folsom St Unit B, Philadelphia, PA 19130

1718 Folsom St Unit B

PHILADELPHIA, PA 19130

  • 131 days on market
A modern esthetic enhanced by thoughtful details, an expansive private roof deck showcasing skyline views, and a sought-after location steps from Fairmount Avenue combine for one-of-a-kind luxury living at 1718 Folsom St #B. This bi-level, extra-wide 2 bedroom, 1.5 bathroom condominium was built to exacting standards of high efficiency and sustainability by Postgreen Homes, earning the national 2017 American Institute of Architects (AIA) Housing Award and attaining LEED Platinum certification. A quiet, low-traffic block leads to the abode's striking curb appeal displayed in the brick and wood facade, lively planter, and metal bench. Inside, you're welcomed by a foyer at the base of the entry staircase, acting as a mudroom for shoes, coats, and bags. Up on the main level, soaring ceilings, gleaming hardwood floors, and tall windows aid the home's extra width in creating a bright, open, and airy feel. The large living room has tons of space to hang out and entertain. The sleek, contemporary kitchen mirrors the pages of an architectural magazine, boasting two-tone underlit cabinetry, a moveable island, high-end Bosch stainless steel appliances, quartz countertops, a subway tile backsplash, and Cedar & Moss light fixtures. A powder room is tucked away in the corner. The airy feel continues on the home's second level, where you'll find a huge primary bedroom with custom closets and a ceiling fan. Down the hall is a full bathroom with a floating double vanity and glass-enclosed shower, a bonus space ideal for an office or gym, and a second spacious bedroom. There's also a conveniently placed laundry closet. Topping off the home is a massive, park-like roof deck with artificial grass, planter boxes, and mesmerizing views, offering a private escape from the city's hustle. In addition to everything inside, 1718 Folsom St's prime Fairmount location earns a Walk Score of 90! Top-rated restaurants, friendly shops, sprawling parks, and unique local businesses line the surrounding blocks. Nearby shopping includes Whole Foods, Wine & Spirits, and Target, plus iconic landmarks like The Eastern State Penitentiary, The Philadelphia Museum of Art, Kelly Drive, and The Met are close. There's also easy access to I-676, I-76, Broad St, and public transit. Schedule your tour today!

Details

Property type

Condominium

Est. home value

$458,781

Lot size

Unknown

Price per sq ft

$306

Year built

2016

Annual property taxes

$778

Monthly HOA fee

$117.75

Price History

09/03/2024
Bright

Bright #PAPH2385042

Listed
$530,000
+14.22%
12/27/2019
Bright

Bright #PAPH845070

Sold
$464,000
+19.74%
07/15/2016
Bright

Bright #1002761710

Sold
$387,495

Schools & Community

Neighborhood: 

Francisville

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

$77,102
Asking price
$530,000
Closing costs (~8% of asking)
-$42,400
Est. remaining loan balance
-$410,498
Cash to seller
$77,102

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

March 2021

Original loan amount

$448,400

Est. remaining balance

$410,498

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Yasaman Mirafzali and Alfredo Servillas

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 2:40 PM

Listing updated: 11/20/2024 at 2:19 PM

Listed by: Stuart C Cohen, KW Empower Phone #: (215) 627-3500

MLS: Bright #PAPH2385042

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