tomo logo

$799,000

Beds
3
Baths
2.5
sq ft
2,022

2040 Arch St, Philadelphia, PA 19103

2040 Arch St

PHILADELPHIA, PA 19103

  • 23 days on market
    • Price drop $20,900↓
LOCATION! LOCATION! LOCATION! Dreaming of living in the heart of Philadelphia? This spacious 2022 Sq.ft home offers you the best of city living with proximity to the Academy of Natural Sciences, Rittenhouse Square, and the Art Museum—plus, it comes with two personal parking spots! Step inside to find beautiful floors throughout, abundant natural light pouring through brand-new Andersen windows, and a cozy family room perfect for entertaining or relaxing by the fireplace. Overlooking the family room is an inviting dining area, a convenient half bath for guests, and a spacious, updated kitchen. Head to the second level, where you’ll find two generously sized bedrooms, a full bathroom, and laundry for easy living. The third floor is entirely devoted to your private master suite, complete with vaulted ceilings and an en-suite bathroom. But the pièce de résistance? A wet bar on the way to your private rooftop deck, where you can soak in stunning 360° city views. With modern amenities and an unbeatable location, this home is truly a Philadelphia gem!

Details

Property type

Townhouse

Est. home value

$896,570

Lot size

468 sq ft

Price per sq ft

$396

Year built

1970

Annual property taxes

$10,522

HOA

No

Price History

11/10/2024
Bright

Bright #PAPH2416114

Price change
$799,000
-2.55%
11/03/2024
Bright

Bright #PAPH2416114

Listed
$819,900

Schools & Community

Neighborhood: 

Logan Square

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks, Street Lights

School district: 

PHILADELPHIA CITY

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

The Huntington National Bank

Loan start date

August 2020

Original loan amount

$510,400

Est. remaining balance

$385,066

Interest rate

2.56%

Loan type

New Conventional, 15 year

Seller

Gevorg Sedrakyan

Lender

Sandy Spring Bank

Loan start date

January 2017

Original loan amount

$900,000

Est. remaining balance

Not provided

Interest rate

4.03%

Loan type

Commercial

Seller

Gevorg Sedrakyan

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: 11/25/2024 at 11:10 AM

Listing updated: 11/10/2024 at 5:19 PM

Listed by: Artem Asriants, New Century Real Estate Phone #: (215) 354-0100

MLS: Bright #PAPH2416114

Bright logo

Recently listed in PHILADELPHIA