1324 LOCUST STREET #1405

Off Market
 for Sale at 1324 Locust Street, Philadelphia, PA 19107

24

 for Sale at 1324 Locust Street, Philadelphia, PA 19107
 for Sale at 1324 Locust Street, Philadelphia, PA 19107
 for Sale at 1324 Locust Street, Philadelphia, PA 19107
$219,900
1
Bed
1
Bath
Half Bath
711
Ft²
$309
$/ft²
Acres
Cap Rate
Est. Monthly
Cap Rate
8.93%
Est. Monthly
$1,314
Welcome home to 1324 Locust #1405, a gorgeous corner unit located in the heart of Center City boasting 1 bed and 1 bath in a full service condo building. Enter to a sun soaked and open concept kitchen and living area with hardwood floors throughout and large windows that let light in from two directions. The kitchen features a breakfast bar, updated appliances, stone countertops and ample cabinetry. Travel to your bedroom with even more direct sunlight and tons of closet space and on to the hallway bathroom with shower/bath combo, tiled floors and vanity with storage. Two well sized closets complete the unit. This home is in a primary location just steps from City Hall, 13th Street restaurants, and a short...

LISTING AGENT

Patrick Campbell
Patrick CampbellCompass Pennsylvania, LLC[email protected]

Building Features

Building Style

Contemporary

Exterior

Masonry ExteriorBrick ExteriorStucco Exterior

Parking

Permit Parking

Driveway

Shared Driveway

Home Features

HVAC

Central A/CHot Water Heating

Price History

Date/EventEventPrice
Mar 21, 2023 SoldSold$195,000
May 25, 2022 Listed by Compass Pennsylvania, LLCListed by Compass Pennsylvania, LLC$219,900

Property Analysis

Cap Rate Analysis

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$22,464
ExpensesPer Year
$2,808
Operating ProfitPer Year
$19,656
Cap rate
8.94%

Price Estimate

$261,000$224,131$187,263
20222023202420252026
Current Asking Price

$219,900

HopScore Market Price

$224,131

The current asking price is $4,231.41 below the HopScore market price.

Comparables

Unit
Status
TypeBedsBathsft²
Price/ft²
Price
Common Charges
Sold
Condo
1
1
-
$195,000
Sold
Condo
1
1
-
$224,900
Sold
Condo
1
1
-
$225,000
Sold
Condo
1
1
-
$190,000
Sold
Condo
1
1
-
$187,500

Payment Calculator


Building Info

1324 Locust Street1324 Locust Street, Philadelphia, PA 19107
  • 3 Units for Sale
More about this Building
1324 Locust Street
Want to find out who owns 1324 Locust Street, Philadelphia, PA 19107? Get detailed property transactions here .

Neighborhood

About Avenue of the Arts South

Stats & Trends

The median asking price in Avenue of the Arts South is $525,000.
  • Median Asking

    $525,000
  • Sale Price/ft²

    $415.19
  • Below Asking

    0.02%
  • Days on Market

    63

Sales History

UnitBedsBathsft²Asking
Common Charges
Listed
Listing Status
Closed
Days on Market
Closing
Above/Below Asking
Buyer(s)
1
1
-
$1,695
-/mo
Mar 25, 2023
Active
-
-
-
-
Stu
1
-
$104,900
-/mo
Mar 24, 2023
Active
-
-
-
-
Stu
1
-
$85,000
-/mo
Mar 24, 2023
Active
-
-
-
-
Stu
1
-
$98,000
-/mo
Mar 24, 2023
Active
-
-
-
-
Stu
1
-
$99,000
-/mo
Mar 18, 2023
Active
-
-
-
-
Stu
1
-
$99,999
-/mo
Mar 12, 2023
In Contract
-
-
-
-
-
Stu
1
-
$99,000
-/mo
Feb 28, 2023
Active
-
-
-
-
Stu
1
-
$101,000
-/mo
Feb 15, 2023
Active
-
-
-
-
Stu
1
-
$99,000
-/mo
Feb 6, 2023
Active
-
-
-
-
Stu
1
-
$100,000
-/mo
Jan 14, 2023
In Contract
-
-
-
-
-

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Frequently Asked Questions

What is the median home price in Center City?
The median home price in Center City is $629,000, or $405/sqft. When you buy a home in Center City, you can expect to pay between $319,000 to $1,460,000. These figures may differ depending on the location, type, and size of the property.
What is the median home price for a Studio in Center City?
The median home price for a studio in Center City is $164,450, or $380/sqft.
What is the median home price for a One-Bedroom in Center City?
The median home price for a one-bedroom home in Center City is $309,900, or $340/sqft.
What is the median home price for a Two-Bedroom in Center City?
The median home price for a two-bedroom home in Center City is $735,000, or $615/sqft.
What is the median home price for a Three-Bedroom in Center City?
The median home price for a three-bedroom home in Center City is $1,375,000, or $405/sqft.
What is the median home price for a Four+ Bedroom in Center City?
The median home price for a four+ bedroom home in Center City is $2,350,000, or $557/sqft.
What is the breakdown of listings by bedroom count in Center City?
There are currently 492 available properties for sale in Center City. Of those, 8.54% are studio listings, 30.28% are one-bedroom listings, 29.47% are two-bedroom listings, 18.90% are three-bedroom listings, and 12.80% are four+ bedroom listings.
What is the breakdown of listings by property type in Center City?
There are currently 364 condos, 27 houses, 95 townhouses, and 6 multifamilies located in Center City. Our inventory of available listings is constantly being updated so be sure to check back frequently.
What is the least expensive property sold in the past 12 months in Center City?
The least expensive property sold in Center City for $15,000.
Now, what is the most expensive property sold in the past 12 months in Center City?
The most expensive property sold in Center City for $27,000,000.
How long on average are properties in Center City on the market?
Based on our collected data, properties in Center City are on the market for a median time of 63 days.

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