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$250,000

Beds
Unknown
Baths
1.0
sq ft
730

314 N 12th St Unit 301, Philadelphia, PA 19107

314 N 12th St Unit 301

PHILADELPHIA, PA 19107

  • 49 days on market
Welcome to 314 N. 12th St. #301, a delightful 730 square foot studio in the beautiful Old Shoe Factory Condominium. This corner unit is bathed in natural light thanks to its north-east exposure, featuring nearly 50 feet of windows and soaring 11.5-foot ceilings. The exposed brick beneath the windows and original hardwood floors add character and warmth to the space. The full kitchen is equipped with everything you need to keep meals simple or entertain a crowd, making it the perfect gathering spot. The open layout invites creativity and customization—whether you choose to divide the area with furniture, build a platform for added dimension, or keep it airy and open, the possibilities are endless. The spacious bathroom includes a tub, a linen closet, and stackable laundry, complemented by ample storage space above and beside. Convenience continues with a coat closet in the hallway for easy transitions in and out of the city, as well as a secure mailroom, freight elevator for moving day, and both a passenger elevator and chair lift for accessibility. Street parking is available, with a parking lot just around the corner for those seeking a monthly option. Situated in one of Philadelphia’s most exciting and developing neighborhoods, you’ll be steps away from local favorites like Elixir Coffee, Cafe Lift, and Love City Brewing. Explore the vibrant offerings of Reading Terminal Market, Trader Joe's, and the Convention Center, along with the diverse attractions of Chinatown, Midtown Village, and the Art Museum area. The proximity to the expanding Rail Park provides a wonderful place to walk the dog, meet neighbors and watch the sunrise. With I-676 and the Broad Street Line just a block away, commuting is effortless. Don’t miss this incredible opportunity to own a piece of Callowhill’s charm—schedule your showing today!

Details

Property type

Condominium

Est. home value

$232,362

Lot size

Unknown

Price per sq ft

$343

Year built

1900

Annual property taxes

$2,899

HOA

No

Price History

10/04/2024
Bright

Bright #PAPH2406126

Listed
$250,000
+7.14%
06/01/2021
Bright

Bright #PAPH990598

Sold
$233,340

Schools & Community

Neighborhood: 

Callow Hill

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

$90,878
Asking price
$250,000
Closing costs (~8% of asking)
-$20,000
Est. remaining loan balance
-$139,122
Cash to seller
$90,878

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

May 2021

Original loan amount

$150,000

Est. remaining balance

$139,122

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Joel Redfield and Coco Gang

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 6:30 AM

Listing updated: 11/18/2024 at 2:19 PM

Listed by: Melissa Rose LeGaspi, Elfant Wissahickon Realtors Phone #: (215) 866-0050

MLS: Bright #PAPH2406126

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