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$262,000

Beds
1
Baths
1.0
sq ft
660

309 Arch St Unit 405, Philadelphia, PA 19106

309 Arch St Unit 405

PHILADELPHIA, PA 19106

  • 7 days on market
This one-bedroom condo in the heart of Olde City features an open concept design and plenty of light with exceptionally high ceilings for an even more spacious feel. The unit features updated fixtures and finishes throughout and is an exceptional value for the area. Owner recently installed brand new split unit for Air Conditioning & Heating, as well as new washer & dryer with full warranties. Located within walking distance of historic sites, restaurants, and public transportation, this condo provides convenient access to all that Olde City has to offer. 1 The building itself is typical of the area, blending historic charm with urban living and a secure entry. Also convenient to many of the local hospitals and universities via public trans, bike, or even walking. Ideal for someone making their foray into ownership or desiring a convenient pied de terre for city visits. This is a must see for the discriminating buyer!

Details

Property type

Condominium

Est. home value

$285,212

Lot size

1 sq ft

Price per sq ft

$397

Year built

1900

Annual property taxes

$3,531

HOA

No

Price History

03/27/2025
Bright

Bright #PAPH2460504

Price change
$262,000
+0.77%
03/24/2025
Bright

Bright #PAPH2460504

Listed
$260,000
-7.14%
05/24/2024
BrightMLS

BrightMLS #PAPH2235834

Removed
$280,000

Schools & Community

Neighborhood: 

Old City

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

PHILADELPHIA CITY

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

$10,330
Asking price
$262,000
Closing costs (~8% of asking)
-$20,960
Est. remaining loan balance
-$230,710
Cash to seller
$10,330

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

Seller’s Loan History

Lender

Center City Mortgage & Investments Llc

Loan start date

April 2021

Original loan amount

$252,200

Est. remaining balance

$230,710

Interest rate

3.02%

Loan type

New Conventional, 30 year

Seller

Devin Mabra

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: 04/01/2025 at 6:20 PM

Listing updated: 03/27/2025 at 11:21 AM

Listed by: Matthew J Aragona, Compass RE Phone #: (267) 435-8015

MLS: Bright #PAPH2460504

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