tomo logo

$305,000

Beds
3
Baths
1.0
sq ft
1,058

1608 S Rosewood St, Philadelphia, PA 19145

1608 S Rosewood St

PHILADELPHIA, PA 19145

  • 64 days on market
    • Price drop $10,000↓
Welcome to 1608 S Rosewood St, a charming home in the heart of Philadelphia’s vibrant Newbold neighborhood. This well-maintained property boasts an ideal location with excellent walkability, just steps away from local shops, restaurants, businesses, and the Tasker/Morris subway stop, offering easy access to the city. Qualified buyers are eligible for a state assistance program of $15,750 towards down payment or closing cost. Inside, you'll find beautiful hardwood floors flowing throughout the home, adding warmth and character. The spacious, eat-in kitchen features modern touches with tiled floors, a stylish tile backsplash, stainless steel appliances, granite countertops, and rich wood cabinetry. A door from the kitchen leads to a private outdoor patio, perfect for relaxing or entertaining. Upstairs, there are three comfortable bedrooms. The middle room offers flexibility as a home office or guest room, while the front-facing primary bedroom is generously sized with ample closet space. The finished basement provides additional living space, complete with a laundry area, making it a perfect spot for entertaining or a home workspace. Convenience is key with this location—just 8 miles from the airport, steps from the subway, and minutes from the lively Passyunk Square and Center City. Whether you're looking for city convenience or a quiet retreat, this home offers the best of both worlds. Don’t miss your chance to make 1608 S Rosewood St your own! (The sellers are willing to offer concession to assist buyers with the purchase of the home).

Details

Property type

Townhouse

Est. home value

$324,505

Lot size

651 sq ft

Price per sq ft

$289

Year built

1925

Annual property taxes

$3,660

HOA

No

Price History

10/25/2024
Bright

Bright #PAPH2398400

Price change
$305,000
-3.17%
10/06/2024
Bright

Bright #PAPH2398400

Price change
$315,000
-4.55%
09/21/2024
Bright

Bright #PAPH2398400

Listed
$330,000
+10.37%

Schools & Community

Neighborhood: 

Newbold

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

THE SCHOOL DISTRICT OF PHILADELPHIA

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

$12,011
Asking price
$305,000
Closing costs (~8% of asking)
-$24,400
Est. remaining loan balance
-$268,589
Cash to seller
$12,011

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

Seller’s Loan History

Lender

Summit Mortgage Corp

Loan start date

May 2021

Original loan amount

$290,030

Est. remaining balance

$268,589

Interest rate

3.17%

Loan type

New Conventional, 30 year

Seller

John Zimmerman

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: 11/22/2024 at 5:35 AM

Listing updated: 11/12/2024 at 8:14 PM

Listed by: Stephen P Mazza, RE/MAX Direct Phone #: (610) 430-8100

MLS: Bright #PAPH2398400

Bright logo

Recently listed in PHILADELPHIA