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$1,350,000

Beds
5
Baths
5.5
sq ft
4,500

611 E Gorgas Ln, Philadelphia, PA 19119

611 E Gorgas Ln

PHILADELPHIA, PA 19119

  • 208 days on market
    • Price drop $100,000↓
Step into this beautifully renovated Dutch Colonial home, where classic charm harmonizes with contemporary elegance. Situated in the tranquil East Mount Airy neighborhood, this architectural gem offers three stories of meticulously updated space, featuring 5 bedrooms and 5.5 bathrooms. Upon stepping onto the European-tiled front porch extending the length of the house, the ambient glow of custom designer lighting envelops the exterior, setting the tone for the home's inviting ambiance. The front door, a testament to skilled artisanship, opens to a grand foyer adorned with carefully restored wood paneling. The home was completely renovated, but all the original architectural details were respected and restored. The first and second floors showcase restored and newly stained red oak hardwood floors, enhancing the home's timeless appeal. The spacious living room, anchored by an original wood-burning fireplace with a decorative mantle, features French doors that open to the welcoming front porch. The gourmet kitchen is a culinary haven, boasting two-tone cabinetry, a herringbone marble backsplash, polished granite countertops, and a comprehensive 6-piece appliance package. A convenient, newly renovated half bath is also located on the first floor. Ascending the original staircase to the second floor unveils four generously sized bedrooms with ample closet space, two of which include ensuite baths. A delightful surprise awaits with a custom-designed glass-enclosed room, perfect for a home office or tranquil meditation, alongside another full hall bathroom. The third floor hosts a spacious double-sized bedroom with an ensuite bath and built-in closets that you just don't see in homes. The fully finished lower level offers additional living space for entertaining, complete with a full bath and laundry room. Outside, the lush private gardens are complemented by privacy fencing and tasteful exterior lighting, creating an ideal setting for intimate gatherings. A thoughtfully designed detached 2-car garage and driveway provide ample parking. This home is ideally situated just minutes from the train station, and is in close proximity to a range of dining options such as Adelina's, Mcnally's, and Cin Cin, shopping along Germantown Ave, and the natural beauty of Cresheim Trail in Wissahickon Park. The home is completely renovated and here is what was done: New addition on the back of the home, new 3rd floor which is an enormous bedroom with full bath and tons of storage, new gourmet kitchen and appliances, new roof, new bathrooms, new electric, new plumbing, new HVAC system, new windows, new doors, entire home has new insulation, new finished 2 car garage, basement was finished with full bathroom, the backyard was leveled and is spectacular, new fence and woodwork. Discover the perfect fusion of luxury and convenience in this remarkable residence. Schedule your showing today to experience the exceptional lifestyle this home has to offer.

Details

Property type

Single Family Residence

Est. home value

$1,336,116

Lot size

9,765 sq ft

Price per sq ft

$300

Year built

1925

Annual property taxes

$5,492

HOA

No

Price History

10/03/2024
Bright

Bright #PAPH2358964

Price change
$1,350,000
-6.9%
08/21/2024
Bright

Bright #PAPH2358964

Price change
$1,450,000
-2.68%
05/28/2024
Bright

Bright #PAPH2358964

Listed
$1,490,000
-3.87%

Schools & Community

Neighborhood: 

Mount Airy East

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

$957,685
Asking price
$1,350,000
Closing costs (~8% of asking)
-$108,000
Est. remaining loan balance
-$284,315
Cash to seller
$957,685

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

Seller’s Loan History

Lender

Angel Oak Mortgage Solutions Llc

Loan start date

March 2020

Original loan amount

$314,500

Est. remaining balance

$284,315

Interest rate

3.6%

Loan type

New Conventional, 30 year

Seller

Julio B Chacur

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 3:20 PM

Listing updated: 10/03/2024 at 1:06 PM

Listed by: Brett L Rosenthal, Compass RE Phone #: (267) 435-8015

MLS: Bright #PAPH2358964

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