tomo logo

$350,000

Beds
3
Baths
1.0
sq ft
1,100

1042 Mercy St, Philadelphia, PA 19148

1042 Mercy St

Philadelphia, PA 19148

  • Pending
Welcome to this darling little charmer nestled in the heart of East Passyunk! This delightful has two bedrooms, plus a bonus open concept office/flex space on the second floor. As you step inside, you'll be greeted by original details and vestibule with vintage tile, setting the tone for the character and good vibes that flows throughout the home, and mini split AC system. The archway leads you into a beautifully renovated kitchen, with white quartz countertops, stainless steel appliances and a farmhouse sink. There is a private outdoor patio just off the kitchen to enjoy your morning coffee, host gatherings, and enjoy gardening. On the lower level of the home, there is additional storage and a convenient laundry area. On the second floor of the home you will find a vintage modern bathroom, two generously sized rooms with ample closet space, and the bonus office/den area. Conveniently located close to public transportation, this home offers easy access to everything the area has to offer. With E Passyunk, South Philly Food Co-op, and numerous neighborhood hotspots just a short walk away, you'll be perfectly positioned to enjoy the vibrant energy of the community and still be tucked away on a quiet street. Move-in ready with lots with charm, this home is ready to welcome you with open arms. Don't miss the opportunity to make this East Passyunk gem your own!

Details

Property type

Townhouse

Est. home value

$296,734

Lot size

609 sq ft

Price per sq ft

$319

Year built

1940

Annual property taxes

$3,048

Price History

05/27/2024
BrightMLS

BrightMLS #PAPH2354994

Pending
$350,000
05/17/2024
BrightMLS

BrightMLS #PAPH2354994

Listed
$350,000
+18.64%
10/09/2020
BrightMLS

BrightMLS #PAPH930108

Sold
$295,000

Schools & Community

Neighborhood: 

East Passyunk

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

PHILADELPHIA CITY

Tracey, Home Search Advisor
Tracey
Home Search Advisor

How can I help? Hi, I’m Tracey, your real estate expert. Send me your questions about this listing or about shopping for homes.

Response time: 20 min or less

or text or call (404) 738-5385

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$77,793
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$244,207
Cash to seller
$77,793

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

September 2020

Original loan amount

$265,500

Est. remaining balance

$244,207

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Emily R Buccieri and Thomas Conway

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

BrightMLS
$299,900
3 bd
|
1 ba
|
1,176 sq ft
|
Townhouse

2411 S 11th St, Philadelphia, PA 19148

BrightMLS
$350,000
3 bd
|
1.5 ba
|
988 sq ft
|
Townhouse

1621 S Franklin St, Philadelphia, PA 19148

BrightMLS
$299,000
3 bd
|
1.5 ba
|
835 sq ft
|
Townhouse

2513 S Camac St, Philadelphia, PA 19148

Status: Pending/Under Contract

Tomo last checked: 06/02/2024 at 5:50 PM

Listing updated: 05/27/2024 at 10:14 AM

Listed by: Janette Spirk, Compass RE Phone #: (267) 435-8015

MLS: BrightMLS #PAPH2354994

BrightMLS logo

Recently listed in Philadelphia