1324 Locust St, Unit 314

Philadelphia, PA 19107

$85,000
Last Sold Price
Studio
Beds
382 Sq. Ft.
$223 / Sq. Ft.
382
Sq. Ft.
$223
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 11/8/18
Closed 11/8/18

Description

Are you looking for an investment opportunity, producing positive cash flow every month without dealing with maintenance issues? Are you looking for a unit to eventually move into yourself? Are you looking for a unit that will suit your family member, who is attending college or working near by? Whatever you are seeking, Unit #314 in The Arts Condominium building represents amazing value. Rented out for 995 a month until June 30, 2019, the updated studio condo unit boasts high quality cabinets, an...Are you looking for an investment opportunity, producing positive cash flow every month without dealing with maintenance issues? Are you looking for a unit to eventually move into yourself? Are you looking for a unit that will suit your family member, who is attending college or working near by? Whatever you are seeking, Unit #314 in The Arts Condominium building represents amazing value. Rented out for 995 a month until June 30, 2019, the updated studio condo unit boasts high quality cabinets, an electric stove with two burners, dishwasher, refrigerator, brand new AC Wall unit, ceiling fan, hardwood laminate flooring and an updated full bathroom, including a full tub and shower head. The unit has been recently painted and is in A+ condition. The unit enjoys radiator heating and all utilities are paid by the association. The Arts Condo building also enjoys amenities such as 24/7 security and front desk attendant, a fitness center, laundry facilities, a club room and computer terminals with printers. Residents and guests can also enjoy free wifi in the lobby area. The building is located in the heart of Philadelphia, walking distance from all the shopping, restaurants, bars, cafes, galleries and transportation options, Philly has to offer. You can walk out your front door and enjoy places such as the Avenue of the Arts, Academy of Music, Kimmel Center, Broad Street, Walnut Street, Chestnut Street, Market Street, Rittenhouse Square, Washington Square, City Hall, Chinatown, LOVE Park and the Schuylkill River Trail. The monthly fees are only 434.52 and the sellers are very motivated. You could live in what was once the world famous Sylvania Hotel and is now home to the famous Arts Ballroom. Easy to show! Come see this beauty today!

Property Details for 1324 Locust Street, Unit 314

Tax ID Number
888115266
Ownership
Condominium
Condo Coop Association
No
HOA
No
Structure Type
Unit/Flat/Apartment
Style
Loft
Waterfront
No
Garage
No
LISTING UPDATED: 01/08/2022 11:01 AM

Property Details for 1324 Locust Street, Unit 314

StatusClosed
MLS #1003431508
Days on Market44
Taxes$1,256 / year
HOA Fees$435 / month
Condo/Co-op Fees-
Property TypeCondo
MLS TypeResidential / Condo
Year Built1900
CountyPhiladelphia County
Get preapproved with Rocket Mortgage1

Location

Sold By Coldwell Banker Realty

Add your commute

Building Information for 1324 Locust Street, Unit 314

Building/ComplexThe Arts CondominiumFloor3Stories7Residences-Pet PolicyAllowedPet Policy DetailsPets AllowedYear Built1900

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$968 per month

30 year fixed, 6.46% Interest

Principal and Interest

$428

Property Taxes

$105

HOA Dues

$435

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 1324 Locust Street, Unit 314

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • County: PHILADELPHIA
  • MLS Area: 19107 (19107)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • HOA Condo Coop Fee Includes: Common Area Maintenance, Ext Bldg Maint, Snow Removal, Trash, Electricity, Heat, Water, Sewer, Health Club, Management, Alarm System
  • Additional Association Fees: Hot Water
  • Other Fees: $869
  • Other Fees Frequency: One Time
  • Senior Community: No
  • Capital Contribution Amount: $869
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2018
  • Tax Assessed Value: $89,700
  • Improvement Assessed Value: $81,627
  • Land Assessed Value: $8,073
  • Land Use Code: 590
  • Zoning: CMX5
  • Tax Lot: 294
Lease Information
Lease Information
  • Concessions: No
Rooms
Rooms
  • Room List: Living Room, Primary Bedroom, Kitchen, Family Room
Building Info
Building Info
  • Total Finished SQFT: 382.00
  • Total Finished SQFT Source: Assessor
Lot / Land Information
Lot / Land Information
  • Lot Size Dimensions: 0
  • Sign On Property: No
  • Parcel ID: 4833817
Parking
Parking
  • Type Of Parking: On Street
  • Parking Features: Street
Interior Features
Interior Features
  • Interior Features: Kitchen - Eat-In
  • Fireplace: No
  • Fireplaces Count: 0
  • Appliances: Cooktop, Dishwasher
  • Accessibility Features: None
  • Laundry Type: Shared
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Wall Unit
  • Heating Type: Electric
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer

Property History for 1324 Locust Street, Unit 314

DateEvent & SourcePriceAppreciation
Mar 31, 2026

Expired

BRIGHT #PAPH2567220

—
Jan 6, 2026

Listed (Active)

BRIGHT #PAPH2567220

$99,000—
Nov 8, 2018

Closed (Public Record)

Public Record #635786725

$85,000

-2.9% / yr

DateEvent & SourcePrice
03/31/2026

Expired

BRIGHT #PAPH2567220

—
01/06/2026

Listed (Active)

BRIGHT #PAPH2567220

$99,000
11/08/2018

Closed (Public Record)

Public Record #635786725

$85,000

-2.9% / yr

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1324 Locust Street, Unit 314

Taxable ValueLand$8,400Additions$85,400Total$93,800
Tax Record2025$1,313 ($109 / month)
Home Facts
Beds0Total Finished SqFt382 SqFtAbove Grade Finished SqFt382 SqFtStories1StyleCondominiumYear Built1900ZoningCMX5CountyPHILADELPHIAAPN88-8-1152-66

Schools near 1324 Locust Street, Unit 314

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
McCall Gen George A School
Public - K to 8
Franklin Benjamin High School
Public - 9 to 12
Academy At Palumbo
Public - 9 to 12
Creative And Performing Arts
Public - 9 to 12
Rating
School
Distance
McCall Gen George A School
PublicK to 8

Franklin Benjamin High School
Public9 to 12

Academy At Palumbo
Public9 to 12

Creative And Performing Arts
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.