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$1,490,000

Beds
3
Baths
3.0
sq ft
2,306

227 S 6th St Unit 5NE, Philadelphia, PA 19106

227 S 6th St Unit 5NE

PHILADELPHIA, PA 19106

  • 24 days on market
Before we entice you with the wonders of this beautiful residence, it’s important to note that the Lippincott is one of the few original buildings of distinction that line Washington Square. At one point in time, it was the largest publishing house in the world. And Washington Square has been, & still is, one of the most coveted locations in Philadelphia. Now for your tour:  Enter the  Residences  of the Lippincott through a tasteful newly upgraded lobby, hosted by a 24-hour concierge/door person(s).  Take the private elevator & arrive directly into the foyer of your home.  As you enter the residence, there are a few things you will immediately take note of, they include: the gorgeous wood flooring that runs throughout, the neutral & soothing paint tones & the glorious, bright, open & airy floor plan. If you enjoy natural sunlight, you will love this property! Stroll to your right down a short hallway which opens-up to a kitchen, dining room & living room combination. The kitchen boasts endless quartz countertop space, including a large eat-on section with barstool seating. There are stainless steel appliances including a commercial grade Wolf oven & a Subzero refrigerator, & a tasteful tile backsplash. This kitchen is designed for the most discerning of chefs! The dining room is large & can accommodate multiple guests at your holiday get togethers. The living room is nothing less than magnificent, in part because its original exposed brick walls give it charm and character. It is also home to your gas fireplace which sets the stage for both entertaining and relaxation. From the living room there’s a door that leads you to your full-length back porch with wonderful Eastern views including treetops & your morning sunrises. This is the perfect place to sip your morning coffee & enjoy your evening glass of wine. Just off the living room there is a bonus room which can be used as a library, billiard room, or an expansive office. Until recently it was used as a music room and was home to a grand piano. Like the living room, it also boasts the charm of floor to ceiling brick walls & has a separate door leading out to the porch. As you may have noticed as you walked through all the aforementioned rooms & as you continue on with your tour, every room in the house has high and tray ceilings with tasteful definitions. This home provides you with three bedrooms and three full bathrooms. One of the bedrooms has an en-suite. The master bedroom is nothing less than grand. It has two walk-in closets (plus a wall of additional closet space) & a gorgeous master bathroom with two vanities separated by a large jetted soaking tub & a wonderfully tiled private shower. This property continues on to a wide spiral staircase that takes you up to a foyer with multiple skylights & two sets of sliders to your expansive rooftop deck. Here you will find a degree of privacy and the perfect place to either entertain or unwind. There are many honorable mentions to this property that will be experienced when you take your tour. The residences at the Lippincott just completed a full interior upgrade of the main lobby, floors & hallways & our unit unit has a New HVAC System that will be installed before you move in! There a comfortable & well-equipped gym & this unit comes with two ample-sized indoor parking spaces & an expansive storage room. The garage also boasts EV Charging Stations for both of your parking spaces. Lastly, this property’s location provides you w/unlimited inner-city conveniences. Walk out the front doors of the lobby & directly into one of the most gracious city parks in Philadelphia. Just a stroll in any direction will lead you to shopping venues, fantastic eateries, jogging & biking trails, dog parks, theaters, the arts, historic sites galore, area hospitals & immediate access to unlimited public transportation venues. Everything is literally at your fingertips! Do not hesitate. Schedule the personally guided tour today!

Details

Property type

Condominium

Est. home value

$1,908,998

Lot size

Unknown

Price per sq ft

$647

Year built

1900

Annual property taxes

$22,956

HOA

No

Price History

11/19/2024
Bright

Bright #PAPH2414722

Listed
$1,490,000
11/14/2024
Bright

Bright #PAPH2414722

Pending
$1,490,000
10/29/2024
Bright

Bright #PAPH2414722

Listed
$1,490,000
-10.38%

Schools & Community

Neighborhood: 

Society Hill

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks, Street Lights

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

$239,779
Asking price
$1,490,000
Closing costs (~8% of asking)
-$119,200
Est. remaining loan balance
-$1,131,021
Cash to seller
$239,779

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

September 2020

Original loan amount

$1,245,000

Est. remaining balance

$1,131,021

Interest rate

2.98%

Loan type

Not Provided, 30 year

Seller

Eric Siegel and Lisa J Hutton

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: 11/21/2024 at 11:20 PM

Listing updated: 11/19/2024 at 10:26 AM

Listed by: Nathan Guttman, Keller Williams Real Estate - Allentown Phone #: (610) 435-1800

MLS: Bright #PAPH2414722

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