$143,739 EMV

1 Bed   1 Bath   550 Sq. Ft.   Condo

1601 Spring Garden St Apt 212, Philadelphia, PA 19130

Overview

This Condo Foreclosure is located at Spring Garden St Apt 212, Philadelphia, PA 19130. It has 1 Bed 1 Bath , 550 sqft of living space. This property is currently bank owned with an estimated market value of $143,739.
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Status: Active
Listing ID: 63905091
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Learn about 1601 Spring Garden St Apt 212 in Philadelphia, PA

This condo property is available as a foreclosure at 1601 Spring Garden St Apt 212. This property features 1 bedrooms and 1 bathrooms, perfect for investment and/or your personal residence. With 550 square feet of living space, you can enjoy sizable rooms for comfortable living and flexibility in the common areas for family gatherings. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Philadelphia, specifically for 1601 Spring Garden St Apt 212 and comparable listings. Based on this expert analysis, the estimated market value is $143,739. If purchased for rental purposes, the monthly rental rate could range between $1,080 and $1,460, providing a solid return on investment. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on 1601 Spring Garden St Apt 212 are updated daily along with others in Philadelphia, Pennsylvania, ensuring you have the most current and accurate information. Since this property is a foreclosure, be sure to check out our Foreclosure Timeline for 1601 Spring Garden St Apt 212 below to see detailed and helpful information about what stage of the foreclosure process this listing is in.


Foreclosure Timeline

Spring Garden St Apt 212 in Philadelphia Pennsylvania Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on Spring Garden St Apt 212
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08/01/25
Bank owned
Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.
04/08/25
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.
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Property Information

  • Bedrooms: 1
  • Bathrooms: 1
  • Living Area Size: 550
  • Year Built: Sign in to view
  • Day(s) On Site: Sign in to view
  • Subdivision: COLONNADE
  • Property Type: Condo
  •  

Public Records

Community & Neighborhood

This property in Philadelphia, PA is located in the Colonnade Subdivision.


VA Home

U.S. Department of Veterans Affairs (VA) is a federal agency that guarantees mortgages to homeowners who have served in the armed forces /military. Therefore, when banks foreclose on VA-guaranteed mortgages, the government agency acquires the properties and often offers them for sale at drastically-reduced prices to the public. Fast approval for veterans and lowest possible fixed-rate mortgages!

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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Rental Value

The estimated rental value for located in Philadelphia, PA is $1,271/month. Comparable homes around Spring Garden St Apt 212 that are rentals have monthly ranges starting as low as $1,080 per month and as high as $1,460 per month. An owner looking to use this property as an investment could bring a return in the area of $1,080 - $1,460 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Listing History

Start Date End Date Listing Type Bank Name
08/01/25   Foreclosure
04/08/25 06/03/25 Preforeclosure
04/07/25 06/03/25 Preforeclosure
04/05/25 06/03/25 Preforeclosure CU MEMBERS MORTGAGE A DIVIS...
10/13/23 07/09/24 Preforeclosure Cu Members Mortgage

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Spring Garden St Apt 212
Philadelphia, PA 19130

1 Bed   1 Bath   550 sq. ft.   Condo

$143,739 EMV

Status: Active Listing ID: 63905091

Property Information

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Property Description

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Listing URL

https://www.foreclosure.com/listing/address.html?address=1601-Spring-Garden-St-Apt-212-Philadelphia-PA-19130

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