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$300,000

Beds
1
Baths
1.0
sq ft
789

315 Arch St Unit 406, Philadelphia, PA 19106

315 Arch St Unit 406

PHILADELPHIA, PA 19106

  • 20 days on market
Welcome to 315 Arch Street, Unit 406 – a charming 1-bedroom, 1-bathroom condo in the heart of Old City Philadelphia. If you're looking for city views and prime location, this is the perfect home. Upon entry, you're greeted by a welcoming foyer that leads into a bright and open living space. Hardwood floors throughout add warmth and character. To the left of the entry, you'll find the primary bedroom with an en-suite bathroom. Moving further down the hall, the open concept living area unfolds. The living room features large windows offering stunning city views. The kitchen is equipped with granite countertops, stainless steel appliances, and a breakfast bar peninsula, and opens into a dining area that flows seamlessly into the living space. The building's condo association fee covers common area maintenance, exterior upkeep, snow removal, and trash. Plus, there is no pet limit – a rarity in the city! Located just a block from iconic landmarks like Independence Hall and the National Constitution Center, you’ll be in the heart of one of Philadelphia’s most historic and vibrant neighborhoods. Award-winning restaurants, boutique shops, and local attractions are all within walking distance. Commuting is a breeze with easy access to I-95 and a short drive to Philadelphia International Airport. This is an exceptional opportunity to live in a prime location with everything you need right outside your door. Don’t miss out!

Details

Property type

Condominium

Est. home value

$284,144

Lot size

Unknown

Price per sq ft

$381

Year built

1900

Annual property taxes

$3,636

HOA

No

Price History

12/06/2024
Bright

Bright #PAPH2423020

Listed
$300,000

Schools & Community

Neighborhood: 

Old City

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks, Street Lights

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

$227,966
Asking price
$300,000
Closing costs (~8% of asking)
-$24,000
Est. remaining loan balance
-$48,034
Cash to seller
$227,966

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

August 2012

Original loan amount

$227,208

Est. remaining balance

$48,034

Interest rate

2.94%

Loan type

New Conventional, 15 year

Seller

John Zeibeq

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 3:40 PM

Listing updated: 12/07/2024 at 10:39 AM

Listed by: Thomas Toole III, RE/MAX Main Line-West Chester Phone #: (610) 692-2228

MLS: Bright #PAPH2423020

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