tomo logo

$600,000

Beds
3
Baths
2.5
sq ft
2,160

203 Mercer St, Philadelphia, PA 19125

203 Mercer St

PHILADELPHIA, PA 19125

  • 4 days on market
    • Open house Sep 22
It's so rare to find a great house in the heart of the Fishtown Triangle, with all of your favorite restaurants and shops right at your doorstep! Luckily, it's not just an amazing location (tucked away on a small side street with Frankford Ave. in view), but the home has so many great features that you'll actually love living IN IT as well! While the 1st floor layout is very open, the stunning sun-filled central staircase provides defined spaces for the well-sized living room, dining room, and kitchen areas. The 17-foot-wide home not only allows for a full dining room setup, but leaves plenty of room in the kitchen for a breakfast bar and a generous amount of cabinets and counter space. Instead of having the 1/2 bath inconveniently located in the dining room area, adjacent to your dinner guests, here it can be found on the lower level directly across from the staircase. Ordinarily, it can be difficult to find a home with 3 full-sized bedrooms, but the 2nd floor really makes this house extremely practical with its two large bedrooms (one in front and one in back) separated by the upper floor laundry closet and a full bathroom. The entire 3rd floor showcases the primary suite with the bedroom situated in the rear of the property, a full walk-in closet, and huge bathroom consisting of a stand-up shower, double sink, and highlighted by the unique frosted glass wall that overlooks the soaking tub. The 3rd floor hallway also contains a door which leads you out to your wrap-around terrace with views of Frankford Ave!

Details

Property type

Townhouse

Est. home value

$531,383

Lot size

720 sq ft

Price per sq ft

$278

Year built

2008

Annual property taxes

$6,303

HOA

No

Price History

09/19/2024
Bright

Bright #PAPH2393128

Listed
$600,000
+20.48%
05/01/2019
Bright

Bright #PAPH721960

Sold
$498,000

Schools & Community

Neighborhood: 

Fishtown

Elementary school: 

ADAIRE ALEXANDER

Middle school: 

Unknown

High school: 

PENN TREATY

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

$168,819
Asking price
$600,000
Closing costs (~8% of asking)
-$48,000
Est. remaining loan balance
-$383,181
Cash to seller
$168,819

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

Seller’s Loan History

Lender

Freedom Mortgage Corp

Loan start date

September 2020

Original loan amount

$420,000

Est. remaining balance

$383,181

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Melissa Alvarez

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: 09/19/2024 at 8:15 PM

Listing updated: 09/19/2024 at 12:36 AM

Listed by: Neil P Dessecker, RE/MAX One Realty - TCDT Phone #: (215) 467-2892

MLS: Bright #PAPH2393128

Bright logo

Recently listed in PHILADELPHIA

$715,000|3 bd|2.5 ba|Townhouse
$630,000|3 bd|2.5 ba|Townhouse
$270,000|4 bd|2.0 ba|House
$295,000|2 bd|2.0 ba|Townhouse
$259,900|2 bd|1.0 ba|Townhouse
$249,000|5 bd|2.0 ba|Townhouse
$619,900|2 bd|2.0 ba|Townhouse
$600,000|3 bd|2.5 ba|Townhouse
$199,900|3 bd|1.5 ba|Townhouse