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$235,000

Beds
1
Baths
1.0
sq ft
730

314 N 12th St Unit 603, Philadelphia, PA 19107

314 N 12th St Unit 603

PHILADELPHIA, PA 19107

  • 206 days on market
    • Price drop $15,000↓
$10,000 lender grant available that can be used with other city grants! Welcome to 314 N 12th St #603! This is a gorgeous 1 bedroom / 1 bathroom condo in the Old Shoe Factory Condominium, boasting an enchanting entrance, luxurious elevators, and contemporary finishes throughout the building. Prepare to be captivated by the unit itself, adorned with a magnificent wall of windows that bathe the space in abundant natural light. You'll love the hardwood floors, high ceilings, central air, and ample storage space throughout. The bedroom is a charming lofted area with an open concept design that overlooks the inviting living space. Indulge your culinary aspirations in the kitchen, featuring a delightful L-shaped layout with an abundance of cabinet space, a gleaming stainless steel backsplash, and a dishwasher. Enjoy secure entry for added peace of mind and in-unit laundry for convenience. Don't miss this extraordinary opportunity - schedule your showing today! About The Neighborhood: Located in Callowhill, a walkable neighborhood near Chinatown. You'll be right off of I-676 for a quick commute, and surrounded by ample public transportation options to easily get around the city. Walking distance to Franklin Square, Franklin Music Center, and Union Transfer. Local hotspots in the area include Love City Brewing, El Purepecha, Cafe Lift, Nom Wah Philadelphia, Prohibition Taproom, and more

Details

Property type

Condominium

Est. home value

$231,146

Lot size

Unknown

Price per sq ft

$322

Year built

1900

Annual property taxes

$2,926

Monthly HOA fee

$441.87

Price History

09/27/2024
Bright

Bright #PAPH2346822

Price change
$235,000
-6%
09/03/2024
Bright

Bright #PAPH2346822

Listed
$250,000
08/27/2024
Bright

Bright #PAPH2346822

Removed
$250,000

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

$85,866
Asking price
$235,000
Closing costs (~8% of asking)
-$18,800
Est. remaining loan balance
-$130,334
Cash to seller
$85,866

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

October 2015

Original loan amount

$161,250

Est. remaining balance

$130,334

Interest rate

3.89%

Loan type

New Conventional, 30 year

Seller

Corinne Marie Townsend and John Kenneth Townsend

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: 11/12/2024 at 9:34 AM

Listed by: Marie M Collins, JG Real Estate LLC Phone #: (215) 467-4100

MLS: Bright #PAPH2346822

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