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$425,000

Beds
2
Baths
2.0
sq ft
1,314

2301 Cherry St Unit 3O, Philadelphia, PA 19103

2301 Cherry St Unit 3O

PHILADELPHIA, PA 19103

  • 227 days on market
    • Price drop $25,000↓
For the urban house-hunter that has been seeking the perfect blend of space, location and parking, this condo is for you! Unit 3O at the River’s Edge Condominiums is a rare find with over 1,300 square feet of living space including two bedrooms, two full bathrooms, an oversized private patio and an assigned parking space in the building’s attached garage parking all centrally located in the Logan Square neighborhood of Philadelphia. When you step inside this condo you are greeted by a proper entryway with gleaming hardwood floors that seamlessly flow throughout the main floor. This main living area offers plenty of space for all your large scale furniture and features a wood-burning fireplace as a unique focal point. The private patio is accessible via wall to wall sliding glass doors from the main living area, which is ideal for indoor/outdoor living in the warmer months. This private patio space is a rare find in a condo. It offers the opportunity to have a second sizeable living and dining area in addition to the indoor living space. Located just a few steps up from the living area, the kitchen space in this home really shines with its abundance of sleek white cabinetry that stretches all the way to the ceiling and is smartly complimented by a cool black square mosaic tile backsplash, butcher block countertops and stainless steel appliances including a Viking Professional stainless steel electric stove and matching custom hood. The exterior wall of the kitchen is a glass atrium that lets sunlight flow into the space and is the perfect location for a dining table. This atrium space is also the perfect spot for hanging plants and provides a nighttime view of the city lights. The guest bedroom is adjacent to the kitchen space and features the same mid-tone hardwood floors as the main floor as well as a large window for natural light and a sizeable closet. There is a full bathroom just outside the guest bedroom filled with designer details including a walk-in shower adorned with chic muted green mini mosaic tile and a custom natural wood vanity with bowl sink. The primary suite is situated just a few steps down from the living area for privacy. The primary bedroom is a good size with ample space for a king-sized bed and dressers leaving room to spare. It has two walk-in closets with extra built-in shelving to make all your wardrobe storage dreams come true. The newly renovated en-suite primary bathroom features a freestanding soaking tub as well as a walk-in shower with a rainfall showerhead and crisp white subway tile shower surround, which matches the white hexagon tile floors and is gorgeously accented by a large marble-topped double vanity for extra storage. The laundry space is conveniently located just outside the primary suite. There are no popcorn ceilings in the primary suite or anywhere else in this condo. This pet-friendly building’s amenities include a large roof deck with stunning northern skyline views and a full-time doorperson. The parking spot is located in the secure garage attached to the building which is accessible via the elevator from within the building itself. With its comfortable layout, cool style and central location just a quick walk to an infinite number of restaurants and cafes, greenspace at the Schuylkill River Park, shopping at Trader Joe’s and the new Giant and easy access to public transportation including Amtrak to New York City just outside the front door, this condo is truly city living at its finest. Located in the Albert Greenfield Elementary School catchment. ***The remaining payments towards the current assessment for garage repairs will be paid by the Seller at settlement****Property is also listed for rent at $3,600 a month****

Details

Property type

Condominium

Est. home value

$397,175

Lot size

Unknown

Price per sq ft

$324

Year built

1980

Annual property taxes

$4,918

HOA

No

Price History

09/26/2024
Bright

Bright #PAPH2340972

Price change
$425,000
-5.56%
09/16/2024
Bright

Bright #PAPH2340972

Price change
$450,000
-5.26%
09/03/2024
Bright

Bright #PAPH2340972

Price change
$475,000
-5.94%

Schools & Community

Neighborhood: 

Logan Square

Elementary school: 

ALBERT M. GREENFIELD SCHOOL

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

$73,291
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$317,709
Cash to seller
$73,291

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

Seller’s Loan History

Lender

Better Mortgage Corporation

Loan start date

December 2019

Original loan amount

$352,000

Est. remaining balance

$317,709

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

Ramya Kishore

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: 11/22/2024 at 6:45 AM

Listing updated: 10/18/2024 at 10:09 AM

Listed by: Ashley Lauren Farnschlader, Compass RE Phone #: (267) 435-8015

MLS: Bright #PAPH2340972

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