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1144 S Sydenham Street
Philadelphia, PA 19146
$675,000
Conventional
Property
Bedroom
3
Bathroom
4
Property Type
Conventional
Square ft
3252
Property Description
Perfectly situated on a quiet and private block is this one-of- a-kind, architecturally significant home which boasts great style, scale and proportions. The contemporary architecture, huge glass openings and windows allow glorious natural light throughout all levels of the residence and contribute to a modern, warm and inviting atmosphere. You will be welcomed into the home by a bright and airy two-story atrium like space with soaring ceiling height which creates a cool and beautiful atmosphere. Proceed into the stylish designer kitchen with high-end finishes, beautiful accent lighting, handsome granite countertops, custom white cabinetry, metallic subway tile back splash, stainless steel appliances and a waterfall kitchen island. The open first floor plan is an impressive space for entertaining guests or hosting intimate dinner parties. The over-sized patio adjoins the kitchen and is the perfect oasis for dinner al fresco or cocktails with friends and family. The entire home is wired for sound. The striking floating staircase with its wide, graceful stairs and its geometric metal railing adds a layer of style and sophistication to the home. The staircase sweeps upward to the open den/ office space and overlooks the bright and airy atrium/ foyer. The light from the large windows in the front of the home and the rear of the home showers the entire space in great natural light. A full bathroom with stall shower and ceramic tiled floor separates the den from the large second bedroom in the rear of the home overlooking the stylized patio. There is a spacious closet and lots of storage spaces in this bedroom. The third floor hosts the primary bedroom ensuite with towering 12' ceiling height, a tray ceiling with accent lighting, spacious walk-in closet with a private terrace/ patio and a luxurious bathroom appointed with tasteful and sophisticated stone and glass finishes. Proceed to the fourth floor where there is a generously sized third bedroom ensuite for your guests. A wet bar is perfectly built in to the space before exiting on to the stunning roof deck with a million-dollar view of the Center City skyline is the fourth incredible outdoor space. Enjoy fireworks 'in the round' and entertain guests during the holidays and warmer months from this amazing birds' eye view. The finished basement serves as a multi- functional flex space complete with a luxurious full bathroom. This level could be perfect for your overnight guests, a mother- in law en-suite, a home office, workout area, or simply a level for tranquility. The lower level looks into a pretty and generously sized outdoor courtyard great for private relaxing. The mechanical room and laundry room are also located on this level plus a huge walk-in storage closet. There are plenty of closets and storage spaces throughout the home. This quiet residence is surrounded by new restaurants, eateries and boutique shops in the New Bold and East Passyunk neighborhoods. Combined with its walkability to all of the new and popular stores like Sprouts, PetSmart, Target, CVS, and various eateries like Chipotle and Starbucks, enhances the convenience and appeal of the location. A must see!
Property Information
Lot Size
-- square ft
Property Type
Other
Year Built
2018
MLS Number
PAPH2319942
Location
Address
1144 S SYDENHAM STREET
City
PHILADELPHIA
State
PA
Zip Code
19146
County
PHILADELPHIA (SOUTH)
Listing
Provider
Berkshire Hathaway HomeServices Fox & Roach, Real, original listing
Name
Berkshire Hathaway HomeServices Fox & Roach, Real
Phone
Office Name
BHHS Fox & Roach At the Harper Rittenhouse Sq
Office Phone
(215) 546-0550
Agent Name
Travis Rodgers

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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.