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$225,000

Beds
1
Baths
1.0
sq ft
736

2601 Pennsylvania Ave Unit 554, Philadelphia, PA 19130

2601 Pennsylvania Ave Unit 554

PHILADELPHIA, PA 19130

  • 111 days on market
    • Price drop $5,000↓
Welcome to 2601 Parkway Condominiums in the heart of the Art Museum and Fairmount districts. Location, Location, Location. This spacious one bedroom condo is the perfect size and location. Updated kitchen with beautiful cabinets and countertop, stainless steel appliances. The bath has recently been updated with new tile and vanity. Separate dining area. Beautiful views of the Pearlman Center and center city skyline. Large windows provide sun filled rooms. Washer and dryer in unit. A perfect place to call home.Come and enjoy care free living with very low monthly fees. This home and building have everything you need from a rich and diverse history to easy, convenient, and carefree Center City living without the hassle, stress, noise of downtown. This building was designed by the famous Paul Cret - architect most notably known for his work on the Benjamin Franklin Bridge, Rodin Museum, the Original Barnes Museum - just to name a few, and still withstands the test of time. As you enter this building, you will be greeted by a beautiful art deco lobby, 24 hour security, and a wonderfully friendly lobby attendant. Other amenities included are free shuttle bus to downtown Philadelphia, on-site fitness center/gym, free WIFI in lobby, community center, free permitted parking, on-site management, package hold area with email notification, express shipment pickup, dry cleaning pick up/delivery, restaurant on first floor, mini Mart/convenice store, and three Septa bus routes within one block. The building is also a short walk to a new Whole Foods, the Barnes, the Free Library, the Philadelpha Museum of Art, CVS, Wells Fargo Bank, and many neighborhood restaurants and bars. Lastly, this condo conveniently located to I-76, I-95, 30th Street Train Station, Kelly Drive, and Benjamin Franklin Parkway for all your transportation needs. Come see this home today, you won't be disappointed.

Details

Property type

Condominium

Est. home value

$181,412

Lot size

Unknown

Price per sq ft

$306

Year built

1950

Annual property taxes

$2,404

HOA

No

Price History

08/30/2024
Bright

Bright #PAPH2376408

Price change
$225,000
-2.17%
07/15/2024
Bright

Bright #PAPH2376408

Listed
$230,000
+35.29%
08/03/2021
Bright

Bright #PAPH999642

Sold
$170,000

Schools & Community

Neighborhood: 

Fairmount

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

$64,859
Asking price
$225,000
Closing costs (~8% of asking)
-$18,000
Est. remaining loan balance
-$142,141
Cash to seller
$64,859

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

August 2021

Original loan amount

$153,000

Est. remaining balance

$142,141

Interest rate

2.93%

Loan type

New Conventional, 30 year

Seller

John Recine Jr

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: 11/03/2024 at 9:15 AM

Listing updated: 10/24/2024 at 3:41 PM

Listed by: Jay F Mallon, BHHS Fox & Roach-Blue Bell Phone #: (215) 542-2200

MLS: Bright #PAPH2376408

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