tomo logo

$365,000

Beds
2
Baths
1.0
sq ft
1,300

315 Arch St Unit 206, Philadelphia, PA 19106

315 Arch St Unit 206

PHILADELPHIA, PA 19106

  • 59 days on market
    • Price drop $5,000↓
Welcome to 315 Arch St, Unit 206, nestled in the heart of fabulous Old City, where rich history meets modern convenience. This stunning, recently updated two-bedroom, one-bathroom condo-loft features an exciting mezzanine area, ideal for urban living. As you step inside, you’re greeted by soaring ceilings and brand-new floors that create an inviting atmosphere. The wide-open layout seamlessly combines the living, dining, and kitchen areas. The kitchen includes a wonderful breakfast bar, sleek granite countertops, and stainless steel appliances, perfect for entertaining guests or enjoying a quiet meal at home. The loft-style bedrooms provide a unique touch, offering a distinctive perspective on modern living. The full bathroom is equipped with a shower/tub combo, a stylish modern vanity and a new bidet ensuring comfort and functionality. Adding to the unit's appeal is a recently added mezzanine area that can be transformed into an office, media room, or whatever your creative mind envisions that has the added bonus of a storage inlet. For added convenience, an in-unit washer and dryer is also included. WIth Wi-Fi enabled Smart technology lighting, locks and thermostat that can be controlled from your smartphone, while away or from home, adds to the unit's modern convenience. With a remarkable walk score of 99, a bike score of 85, and a public transportation score of 100, you may find that a car is unnecessary. However, for those who drive, this unit comes with leased 2 car tandem parking—an invaluable asset in a bustling city. Living in Old City means enjoying easy access to the Eastern Seaboard as well as being within walking distance to some of Philadelphia's finest eateries, cafes, and vibrant nightlife. The area boasts a lively art and design scene, fitness studios, and beautiful parks, all contributing to a rich and fulfilling lifestyle. Don’t miss your opportunity to make this exceptional condo your new home!

Details

Property type

Condominium

Est. home value

$346,135

Lot size

Unknown

Price per sq ft

$281

Year built

1900

Annual property taxes

$4,069

HOA

No

Price History

11/13/2024
Bright

Bright #PAPH2400624

Price change
$365,000
-1.35%
10/21/2024
Bright

Bright #PAPH2400624

Price change
$370,000
-3.9%
10/08/2024
Bright

Bright #PAPH2400624

Price change
$385,000
-3.51%

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

$161,262
Asking price
$365,000
Closing costs (~8% of asking)
-$29,200
Est. remaining loan balance
-$174,538
Cash to seller
$161,262

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 2023

Original loan amount

$176,400

Est. remaining balance

$174,538

Interest rate

7.23%

Loan type

New Conventional, 30 year

Seller

Tal Singer and Tara Singer

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 6:40 AM

Listing updated: 11/13/2024 at 1:19 PM

Listed by: Christopher K Somers, KW Empower Phone #: (215) 627-3500

MLS: Bright #PAPH2400624

Bright logo

Recently listed in PHILADELPHIA