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2100 Hamilton Street
Philadelphia, PA 19130
$4,995,000
Conventional
Property
Bedroom
3
Bathroom
4
Property Type
Conventional
Square ft
2995
Property Description
2100 Hamilton is a new, exclusive, luxury condominium building with only 27 units in the heart of the Art Museum Area designed by award-winning architect Cecil Baker to offer the ultimate in privacy. With the Rodin and Barnes Museums as its neighbors, spectacular views of the city skyline from every unit and a wealth of private greenspace at its base, the 10-story 2100 Hamilton is ideal for those seeking the finest in luxury living in this park-adjacent city neighborhood. Pull into the garage drop-off station where a valet is available to assist you. The elevator, which uses facial-recognition technology, will take you directly into your residence, eliminating shared hallways. With exceptional views and privacy, Unit 6D at the brand-new 2100 Hamilton offers 2,995 square feet with 3 bedrooms, 3.1 baths and two fireplaces and a 168-square-foot heated terrace. The buyer can choose all of the finishes for this residence. There are gas fireplaces in the living room and master bedroom. The expansive balcony has retractable glass doors and is heated from above so that the outdoor space becomes a seamless extension of your indoor space. Choose the finishes for your state-of-the-art kitchen, selecting from Joanne Hudson cabinetry and various options for the countertops and backsplash. Appliances include a Sub-Zero refrigerator, full-size wine cooler, Wolf oven, induction cooktop and pull-out microwave drawer and a separate pantry area. There is a laundry room with full-size washer and dryer. All windows are pre-wired to accommodate power window treatments. Choose the final tile and countertops for the designer main suite bath, which features a radiant-heated floor along with an oversized glass-walled shower where the glass frosts for privacy at the touch of a button. For buyers accustomed to outdoor space, 2100 Hamilton has the city’s largest residential garden and event plaza, designed by renowned landscape architect Sikora Wells Appel, with water and fire features and multiple seating areas to accommodate a group or a private spot just for you. Additional building amenities include an indoor infinity pool, guest suite, boardroom, top-grade fitness center, catering kitchen and amenity lounge, town car and driver, and 24-hour concierge. Buyers may purchase up to two parking spaces. The building is 70% sold with buyers having moved in, so all amenities are in full service. Schedule a time to tour 2100 Hamilton and see for yourself why this is the crown jewel of the Art Museum Area. Parking License for $100,000 and a $350/mo. valet fee.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2021
MLS Number
PAPH2317288
Location
Address
2100 HAMILTON STREET
City
PHILADELPHIA
State
PA
Zip Code
19130
County
PHILADELPHIA (CENTRAL)
Listing
Provider
Kurfiss Sotheby's International Realty, original listing
Name
Kurfiss Sotheby's International Realty
Phone
(215) 794-1312
Office Name
Kurfiss Sotheby's International Realty
Office Phone
(215) 735-2225
Agent Name
Douglas Pearson

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.