Industrial / Loft home in PHILADELPHIA, PA
An Industrial condo in PHILADELPHIA, PA, it offers 2 bedrooms and 2 bathrooms across 1,779 square feet. Standout details include elevator, hardwood floors, open floor plan, and vaulted / high ceilings.
| Price | $575,000 |
|---|
| Beds | 2 |
|---|
| Baths | 2 |
|---|
| Sqft | 1779 |
|---|
| Architectural style | Industrial / Loft (89% match) |
|---|
| Address | 314 N 12th Street Unit 806-07, PHILADELPHIA, PA 19107 |
|---|
Why buy this home
- Confirmed Industrial / Loft architecture, matched from the listing photos by Enzo's vision model.
- Features: elevator, hardwood floors, open floor plan, vaulted / high ceilings.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced above comparable homes.
- At $575K, this home is 44% above the $399K median for 94 similar Industrial / Loft homes in Philadelphia, PA.
- That works out to $323 per square foot, right at the $323 comparable rate.
| This home | $575,000 |
|---|
| Industrial / Loft median in Philadelphia, PA | $399,000 (94 homes) |
|---|
| Price per sq ft | $323 vs. $323 comps median |
|---|
Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $4,077/month with 20% down at a 7.28% 30-year fixed rate. You would need about $174,727 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $3,147/mo |
|---|
| Property tax (new-buyer reassessed rate) | $714/mo |
|---|
| Homeowners insurance | $216/mo |
|---|
| Total monthly | $4,077/mo |
|---|
| Down payment (20%) | $115,000 |
|---|
| Income needed | $174,727/yr |
|---|
A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home F (31 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | F (31/100) |
|---|
| Beats renting in | 1% of modeled paths |
|---|
| Modeled 5-yr equity (median) | $168,426 |
|---|
| Range (10th to 90th pct) | $75,630 to $283,260 |
|---|
A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Philadelphia, PA where local data is thin.
Local home values
Typical home values in Philadelphia, PA have risen about 28% over the past 5 years (+3% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Estately