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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

  • 273 days on market
    • Price drop $16,000↓
This Old City loft-style condo offers the best value in Philly's most historic and charming neighborhood. Enjoy the high ceilings with open-beam construction that harkens to the building's history, while giving the home a light contemporary airiness. The kitchen features wood cabinetry, granite counters, and stainless appliances, as well as bar seating opening up to the generously sized dining area. The well-lit living room features wall-to-wall windows and hardwood floors, open beams and timeliness quality. The bathroom has convenient direct access from the bedroom or from the living space, with an abundance of storage. Washer-dryer is in-unit. The HVAC unit was installed in 2023. The property transfers with a dedicated storage unit in the basement and shared bike storage. The Wireworks building offers secure entry through a charming courtyard off a private lane, and has two elevators. With low condo fees and a pet-friendly policy, this building offers both convenience and flexibility. This well-managed condo is FHA and VA approved, with low HOA dues. Experience the vibrant pulse of Old City living with easy access to local dining, shopping, and cultural attractions; see why they call it America's Most Historic Square Mile! Abundant transportation options are steps away, including the subway. Whether as a pied-a-terre or a fulltime residence, this condo offers an unmatched lifestyle. Don't miss this opportunity to own a piece of Old City's vibrant history, and call this unique property your own.

Details

Property type

Condominium

Est. home value

$262,909

Lot size

Unknown

Price per sq ft

$391

Year built

1919

Annual property taxes

$3,394

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

$147,412
Asking price
$279,000
Closing costs (~8% of asking)
-$22,320
Est. remaining loan balance
-$109,268
Cash to seller
$147,412

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

$109,268

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: 04/02/2025 at 7:20 PM

Listing updated: 03/21/2025 at 1:46 PM

Listed by: Keith Trainor, Compass RE Phone #: (267) 435-8015

MLS: Bright #PAPH2364528

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