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$499,000

Beds
2
Baths
2.0
sq ft
1,314

2301 Cherry St Unit 3P, Philadelphia, PA 19103

2301 Cherry St Unit 3P

PHILADELPHIA, PA 19103

  • 228 days on market
    • Price drop $16,000↓
Welcome to River's Edge Condos – a notable Philadelphia landmark located in the award winning Albert M. Greenfield elementary school catchment in Logan Square. This beautifully updated 2 bedroom, 2 full bathroom tri-level condo with 1 car, assigned parking is move-in ready. Rated as a “Walker’s Paradise”, with a walkability score of 94, a biking score of 85, and a perfect rider’s score of 100, this is the ideal location to get anywhere in the city or the region even without owning a car. Commute to NYC for work? No problem! It’s an 11 minute walk to 30th Street Station. Built in 1981 with 16 stories and 101 units, River’s Edge is unique because every unit in the building has 3 tiers, a parking space, and an outdoor seating space. Situated in the courtyard, Unit 3P has an outdoor entrance and a large, private patio space to create your own private oasis where you can invite friends and family over for dinner under the stars. As you enter the sunlit condo, you’ll be captivated by the spacious living room with board and batten trim and wood burning fireplace. The living room also showcases a wall of sliding glass doors that open up to your private outdoor living space, brand new luxury vinyl floors and modern baseboards, new LED recessed lighting, and new wardrobes right by the entry for all of your storage needs. When you walk a few steps up to the top tier you'll find a gorgeous, completely renovated custom kitchen with glossy white and light gray matte Hanssem cabinetry surrounding all new stainless steel appliances including an LG Thinq refrigerator. The green clay tile wall, white colored glass backsplash and wooden open shelving is complimented by the terrazzo countertop waterfall peninsula that gives you plenty of counter space and opens up to the dining area situated in a spectacular atrium. Rounding out the space are new LVT floor, new lighting (under cabinet, track, all new high-end fixtures), a new pass through window, and stylish new doors that lead to the fully renovated 3 piece bathroom and city-view office finished with a wainscoting surround and wall to wall picture window. Head downstairs to the bottom level primary suite and find brand new plush carpeting (2023), a laundry center with a full-sized washer and dryer, a spacious walk-in closet, a second floor-to-ceiling closet, a large en suite bathroom with double vanity, a soaking tub, a walk-in shower and plenty of storage. This pet-friendly building’s amenities include a roof deck, concierge service and security. There is a cat.. please do not leave the sliding glass doors open even for a minute.. he is sneaky. River’s Edge sits directly on the Schuykill River Trail for morning walks, dog walks, and bike rides (all the way up to Valley Forge). With Giant across the street, Trader Joe's around the block, and Arch Street Deli and Cherry St Pub just beyond that, you have everything you need just steps away. Whether you want to have a fabulous dinner in Rittenhouse Square, jump on the train to go anywhere along the East Coast, or sit on the gorgeous lawns around the Art Museum, you are centrally located to everything the city and the region have to offer. Come check out this meticulously renovated condo with 1300+ sq ft of indoor living space and parking in River's Edge Condos and enjoy easy access to, all of the excitement of living in downtown Philly. Monthly HOA fees are $846.73 Monthly cable fee (not optional) $66.05. Electric bill is separate. (avg $125/mo) One-time Capital Contribution is $1693.46. Facade repair and window replacement project 2025-2027 assessment forthcoming - project estimated at $8-10 million. Seller is offering $25,000 towards assessment (unit assessment estimate $86,000) Pets OK, limited number of dogs (1 dog) $200 Move in fee - non- refundable. Elevator booked in advance Agent is seller.

Details

Property type

Condominium

Est. home value

$440,098

Lot size

Unknown

Price per sq ft

$380

Year built

1980

Annual property taxes

$4,918

Monthly HOA fee

$846.73

Price History

09/10/2024
Bright

Bright #PAPH2338282

Price change
$499,000
-3.11%
07/29/2024
Bright

Bright #PAPH2338282

Price change
$515,000
-3.74%
07/08/2024
Bright

Bright #PAPH2338282

Price change
$535,000
-2.28%

Schools & Community

Neighborhood: 

Logan Square

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

THE SCHOOL DISTRICT OF PHILADELPHIA

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

American Heritage Cu

Loan start date

September 2023

Original loan amount

$83,000

Est. remaining balance

Not provided

Interest rate

6.06%

Loan type

Stand Alone Second, 15 year

Seller

Amy Cox

Lender

Crosscountry Mortgage Llc

Loan start date

November 2021

Original loan amount

$354,900

Est. remaining balance

$332,024

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

Amy Cox

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 6:10 AM

Listing updated: 09/23/2024 at 9:36 PM

Listed by: Amy S Cox, KW Empower Phone #: (215) 627-3500

MLS: Bright #PAPH2338282

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