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$279,000

Beds
1
Baths
1.0
sq ft
715

301 Race St Unit 309, Philadelphia, PA 19106

301 Race St Unit 309

PHILADELPHIA, PA 19106

  • 174 days on market
    • Price drop $16,000↓
Come and see the beauty and charm of this exceptional condo. Whether you're a first-time homebuyer, looking to downsize, or searching for a second home in the city, this loft-style condo in The Wireworks is the perfect place to call home. Step into this stunning loft-style condo, a hidden gem off Race Street, steps away from the vibrant cafes, restaurants, and galleries of the Old City neighborhood. This home boasts soaring beamed ceilings, abundant natural light, and gleaming hardwood floors throughout the expansive, open-layout living and dining area. Enjoy picturesque views of the Courtyard's treetops from the comfort of your living space in any season. The kitchen is well-appointed and features rich wood cabinets, granite countertops, and a full suite of stainless steel appliances, including a refrigerator/freezer, oven/cooktop, built-in microwave, and dishwasher. The bathroom is a sanctuary with its natural light and wood-beamed ceilings. It is accessible from both the bedroom and the living room. It features marble countertops, a vanity sink, and ample storage and counter space. The Wireworks offers secured entry through a charming courtyard off a private lane. With low condo fees and a pet-friendly policy, this building provides both convenience and flexibility. Recent upgrades to the common areas only add to the allure of this exceptional property. Experience the vibrant pulse of Old City living with easy access to local dining, shopping, and cultural attractions. From beloved eateries like Cafe Ole, Kisso Sushi, and Race Street Cafe to historic landmarks like Independence Mall and The Liberty Bell, every corner of this neighborhood tells a story. Convenient transportation options, including the Market Street line, make exploring the city a breeze. Whether you're enjoying Franklin Square Park or delving into the rich history of Elfreth's Alley, Old City offers endless opportunities for exploration and discovery. Step into the past while embracing modern comforts at The Wireworks, where historic charm meets contemporary convenience in the heart of Old City. FHA & VA financing accepted. Parking garage across the street for a monthly fee or parking permit from the city for street parking at a very low annual cost(consult PPA for details). Bike storage is available on the courtyard level. Stroll down to the exciting attractions along the waterfront: Race Street Pier, Cherry Street Pier, Harbor Park, and so much more. Enjoy arts and culture at the Fringe Arts building, Independence Mall, Washington Square Park, and much more, just a few blocks away! Don't miss this opportunity to own a piece of Old City's vibrant history and modern luxury. We can't wait to welcome you to your new home!

Details

Property type

Condominium

Est. home value

$262,909

Lot size

Unknown

Price per sq ft

$391

Year built

1919

Annual property taxes

$3,248

HOA

No

Price History

09/14/2024
Bright

Bright #PAPH2364528

Price change
$279,000
-5.42%
07/06/2024
Bright

Bright #PAPH2364528

Listed
$295,000

Schools & Community

Neighborhood: 

Old City

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

$145,378
Asking price
$279,000
Closing costs (~8% of asking)
-$22,320
Est. remaining loan balance
-$111,302
Cash to seller
$145,378

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

December 2014

Original loan amount

$178,300

Est. remaining balance

$111,302

Interest rate

3.92%

Loan type

New Conventional, 21 year

Seller

Michael A Ambrosini

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: 12/24/2024 at 7:50 AM

Listing updated: 09/19/2024 at 10:16 PM

Listed by: Stephen Ferguson, Compass RE Phone #: (267) 435-8015

MLS: Bright #PAPH2364528

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