tomo logo

$425,000

Beds
1
Baths
1.5
sq ft
1,248

314 Brown St Unit 205, Philadelphia, PA 19123

314 Brown St Unit 205

PHILADELPHIA, PA 19123

  • 17 days on market
Welcome to Liberty Lofts, where urban living meets convenience in this spacious 1-bedroom, 1.5-bath condo in the heart of Northern Liberties. Boasting 18-foot ceilings, exposed brick, and a floating staircase, this loft is both stylish and functional. Natural light floods the open living area, complemented by recessed lighting and built-in shelving. The modern kitchen features granite countertops, stainless steel appliances, a glass tile backsplash, and LED under-cabinet lighting. Upstairs, the oversized bedroom offers hardwood floors, ample closet space, and an en-suite bathroom with sleek finishes and built-in storage. Upstairs, the expansive bedroom showcases hardwood flooring, abundant closet space, and an en-suite bathroom with refined finishes and built-in storage for your convenience. This condo includes ONE DEEDED GATED PARKING SPACE—a rare find in this area. Additional amenities include a private storage unit in the building and a fitness center equipped with free weights, a treadmill, an elliptical, and yoga/stretching equipment, all maintained by the HOA. Located in a prime Northern Liberties location, enjoy unparalleled walkability to local favorites like Honey’s Sit n Eat, Café La Maude, North Bowl, SIN, Figo, and Green Eggs Café, as well as convenient shopping at Target and Acme. With quick access to public transit, I-95, and the Ben Franklin Bridge, this is city living at its finest!

Details

Property type

Condominium

Est. home value

$393,470

Lot size

Unknown

Price per sq ft

$341

Year built

1960

Annual property taxes

$4,139

HOA

No

Price History

12/05/2024
Bright

Bright #PAPH2425620

Listed
$425,000
+18.06%
09/12/2019
Bright

Bright #PAPH822042

Sold
$360,000

Schools & Community

Neighborhood: 

Northern Liberties

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

$84,805
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$306,195
Cash to seller
$84,805

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

September 2019

Original loan amount

$342,000

Est. remaining balance

$306,195

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

Robert J Penney

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: 12/22/2024 at 9:55 AM

Listing updated: 12/17/2024 at 10:24 AM

Listed by: Evangeline Nicolette Gambardella, KW Empower Phone #: (215) 627-3500

MLS: Bright #PAPH2425620

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