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$189,000

Beds
1
Baths
1.0
sq ft
450

604 S Washington Sq Unit 1301, Philadelphia, PA 19106

604 S Washington Sq Unit 1301

PHILADELPHIA, PA 19106

  • 35 days on market
    • Price drop $10,000↓
Great investment opportunity at one of the premier Philadelphia Condo communities, The Hopkinson House. Located on beautiful Washington Square, one block from Independence Hall, in the heart of Society Hill. This studio unit has a bright eastern exposure with views across Society Hill on to the Delaware river. Hard wood parquet floors. Incredible closet space for a studio. The studio is currently rented until November 2024. Great income opportunity with a tenant in place. Brand new convector unit has been installed. Hopkinson House has a full time front desk staff, on site garage (monthly fee), roof top swimming pool (summer fee) Beautiful relaxing garden off of main lobby-no additional fee. Great walking distance to Philadelphia restaurants, cultural attractions and the rich history our city is known for.

Details

Property type

Condominium

Est. home value

$223,644

Lot size

Unknown

Price per sq ft

$420

Year built

1963

Annual property taxes

$2,411

HOA

No

Price History

09/05/2024
Bright

Bright #PAPH2385196

Price change
$189,000
-5.03%
08/14/2024
Bright

Bright #PAPH2385196

Listed
$199,000

Schools & Community

Neighborhood: 

Society Hill

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

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

$146,240
Asking price
$189,000
Closing costs (~8% of asking)
-$15,120
Est. remaining loan balance
-$27,640
Cash to seller
$146,240

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

Seller’s Loan History

Lender

Wachovia Bank Na

Loan start date

April 2003

Original loan amount

$58,500

Est. remaining balance

$27,640

Interest rate

5.61%

Loan type

Not Provided, 30 year

Seller

Paul L Starcheski

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: 09/16/2024 at 4:15 PM

Listing updated: 09/05/2024 at 8:46 AM

Listed by: Brian L Stetler, BHHS Fox & Roach-Center City Walnut Phone #: (215) 627-6005

MLS: Bright #PAPH2385196

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