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$429,000

Beds
3
Baths
3.0
sq ft
1,406

2618 Federal St Unit 2, Philadelphia, PA 19146

2618 Federal St Unit 2

PHILADELPHIA, PA 19146

  • 104 days on market
    • Price drop $20,900↓
*** Motivated Seller***Come take a look at this exceptional investment opportunity in the highly desirable Point Breeze neighborhood. This contemporary home offers prime access to University City, Graduate Hospital, and all major commuter routes. This three-bedroom, three full bath Condo​, offers a spacious open floor plan. Enjoy the modern layout designed for comfortable living and entertaining. The gourmet kitchen is a culinary dream, featuring soft-close cabinetry, quartz countertops, pantry storage, ​a designer backsplash​, and a breakfast bar with seating for three. A bright living area open to the kitchen with a private balcony to enjoy your morning coffee. This main level offers a full bathroom and one bedroom with spacious closets. The upper level provides the primary bedroom with an ensuite bath ​, an additional bedroom​, and a full hall bath. Your laundry and linen closet complete this level. One more ​level to go...up the steps to the rooftop deck where you will enjoy the ​beautiful views of the city! This property blends style, comfort, and functionality in one of the city's most sought-after neighborhoods. Make your appointment today!

Details

Property type

Condominium

Est. home value

$374,184

Lot size

Unknown

Price per sq ft

$306

Year built

2018

Monthly HOA fee

$200

Price History

09/30/2024
Bright

Bright #PAPH2382986

Price change
$429,000
-4.65%
09/05/2024
Bright

Bright #PAPH2382986

Price change
$449,900
-4.07%
08/10/2024
Bright

Bright #PAPH2382986

Listed
$469,000
+35.94%

Schools & Community

Neighborhood: 

Grays Ferry

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

$159,844
Asking price
$429,000
Closing costs (~8% of asking)
-$34,320
Est. remaining loan balance
-$234,836
Cash to seller
$159,844

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

Seller’s Loan History

Lender

Quaint Oak Mortgage Llc

Loan start date

June 2020

Original loan amount

$258,750

Est. remaining balance

$234,836

Interest rate

3.33%

Loan type

New Conventional, 30 year

Seller

Daniel Giovennagelo and Jack Anthony Pocorobba 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: 11/22/2024 at 10:40 AM

Listing updated: 10/04/2024 at 8:46 AM

Listed by: Diane M Rodgers, Coldwell Banker Hearthside Phone #: (267) 350-5555

MLS: Bright #PAPH2382986

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