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$379,900

Beds
3
Baths
1.5
sq ft
1,122

1047 S 50th St, Philadelphia, PA 19143

1047 S 50th St

PHILADELPHIA, PA 19143

  • 7 days on market
This right-sized home with a nice balance of old and new is on a lovely little Cedar Park block lined with some of the prettiest gardens in the neighborhood; houses on only one side makes for quiet, privacy and plenty of parking. Set behind the front garden with a rain barrel is the enclosed porch entrance with an extra-large coat closet. The high ceilings and original woodwork and pine floors that run through most of the home greet you in the open-plan main floor, where there’s ample space for dedicated living and dining areas on either side of the charming original turned staircase. The large rear kitchen has two windows and a super functional L-shaped layout with ample storage and workspace via maple cabinets and granite countertops, including a sweet coffee station, ceramic tile floors, Samsung five-burner range with griddle and LG stainless steel bottom-freezer fridge. From here you can access both the low-maintenance rear brick patio with custom privacy fence and the basement, which is finished with drywall and a cool epoxy floor. With a separate laundry area, enclosed mechanical closets and a half bath, there’s plenty of space for a den, playroom or other additional living space. Upstairs are three bedrooms: The largest in the front has a triple window with lovely western exposure and a full wall of closets with additional overhead storage; the rear has two windows and a good-size closet, also with overhead storage; and the middle is a true bedroom, with plenty of room for a bed and dresser. The ceramic tile hall bath has the original cast iron corner tub, a storage vanity and a large casement window with privacy glass. The new owners will take comfort from all the big-ticket updates that were already done here, including Andersen replacement windows, new wiring and central air. This sweet block of 50th St is in an ideal location close to the shopping, dining, green space and public transit that make Cedar Park one of West Philly’s most sought-after neighborhoods.

Details

Property type

Townhouse

Est. home value

$350,127

Lot size

1,116 sq ft

Price per sq ft

$339

Year built

1925

Annual property taxes

$4,903

HOA

No

Price History

01/15/2025
Bright

Bright #PAPH2435436

Listed
$379,900
+13.4%
10/26/2021
Bright

Bright #PAPH2013228

Sold
$335,000

Schools & Community

Neighborhood: 

Cedar Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

PHILADELPHIA CITY

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

$54,055
Asking price
$379,900
Closing costs (~8% of asking)
-$30,392
Est. remaining loan balance
-$295,453
Cash to seller
$54,055

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

Seller’s Loan History

Lender

Philadelphia Mortgage Advisors Inc

Loan start date

October 2021

Original loan amount

$318,250

Est. remaining balance

$295,453

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Jenny Marie Reeverts and James Daniel Arrington

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?

Status: Active

Tomo last checked: 01/22/2025 at 6:15 AM

Listing updated: 01/16/2025 at 5:10 AM

Listed by: Holly Mack-Ward, Elfant Wissahickon-Rittenhouse Square Phone #: (215) 893-9920

MLS: Bright #PAPH2435436

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