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624 N Bodine Street
Philadelphia, PA 19123
$2,725,000
Conventional
Property
Bedroom
4
Bathroom
5
Property Type
Conventional
Square ft
5565
Property Description
Prepare to be captivated by the most spectacular townhome anywhere in the city of Philadelphia! Designed, built and equipped for the most discerning of buyers, this home exudes the utmost in quality, craftmanship, amenities and a location that are second to none. Barely four years young, the home shows like a brand new model home and is in mint turn-key move-in condition. Featuring a 6 stop elevator traversing 5 gorgeous finished levels of living space of approximately 5,500 square feet and huge rooftop terrace ( as well as three additional outdoor spaces for a total of 1,100 square feet outdoor space ), 2 car secured gate INDOOR garage entry, and the finest details imaginable from top to bottom. An array of the finest materials such as walnut floors, 18'x 36' porcelain floor tiles, metal railings, stunning doors, baseboard trim compliment the neutral appointments throughout and are sure to please the eye. There is literally not one component of this home that is not upgraded and / or customized. Each floor offers the chance for a quiet retreat or sophisticated entertaining. The main entry on Bodine St. and garage entry from the 3rd St. side serve as bookends to a large living room, closet and half bath. One level below is the most magnificent entertainment room, replete with custom cabinetry, wine storage for 600 bottles, 75' TV ( can accommodate larger ). Adjoining is a large flexible space for casual dining with a well-appointed wet bar providing the service for this room and another half bath. One level above the entry floor is the heart of the home. The magnificent chef's kitchen, with Wolf and Sub Zero appliances, giant island w/seating for 4, granite counters and backsplash, custom cabinetry and custom floating ceiling open to a formal dining setting with fabulous light fixture and wall of windows. The giant family room, with gas fireplace centered amongst built- ins galore and can accommodate a 108' TV, has a wall of windows that open to the tiled and fully fenced in deck with seating for 25+. Level 4 hosts three bedrooms (one w/en suite bath), additional full hall bath, laundry room and utility room. The bedrooms are spacious, bright and airy, with walk in closets, ceiling fans and large window coverage. The bathrooms are all gorgeous, with heated floors and impressive tile. The entirety of level 5 is the amazing owner's suite. The bedroom is giant, with a large seating area, two walk in closets and wall of windows. An east facing deck is perfect for your morning coffee. The owners bath feature huge soaking tub, floating vanity and unbelievable shower w/ Kohler electronic and thermostatic shower controls not seen anywhere. We have finally made it to the top floor pilot house with another spacious east facing deck, and a huge west and north facing deck which can easily accommodate 40+ people. It has a built in Viking kitchenette and endless sunset views! Other features include 10' ceilings, whole house Lutron Ra Smart System for lights, fans and auto shades, ample indoor and outdoor security cameras, 3 Zone HVAC, 2 tankless water heaters, water filtration system and much, much more. Approximately 6 years remain on FULL tax abatement. Great location just three minutes off I-95. If you seek a one-of-a-kind special home that has it all, this is your next stop!
Property Information
Lot Size
-- square ft
Property Type
Other
Year Built
2020
MLS Number
PAPH2311922
Location
Address
624 N BODINE STREET
City
PHILADELPHIA
State
PA
Zip Code
19123
County
PHILADELPHIA (CENTRAL)
Listing
Provider
Berkshire Hathaway HomeServices Fox & Roach, Real, original listing
Name
Berkshire Hathaway HomeServices Fox & Roach, Real
Phone
Office Name
BHHS Fox & Roach Yardley-Newtown Sales Center
Office Phone
(215) 860-9300
Agent Name
Perry Epstein

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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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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.