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$185,000

Beds
2
Baths
1.0
sq ft
784

2045 Fernon St, Philadelphia, PA 19145

2045 Fernon St

PHILADELPHIA, PA 19145

  • 51 days on market
    • Price drop $10,000↓
Welcome to 2045 Fernon Street, a classic brick residence that offers a unique opportunity to make it truly your own. This inviting 2-bedroom, 1-bathroom home is brimming with possibilities. Enjoy the convenience of a separate kitchen area, laundry nook, and a spacious patio that's perfect for a grill, garden, or cozy patio set—ideal for both relaxing and entertaining. Located in the vibrant Point Breeze neighborhood, this property is just a short distance from local favorites such as Ralph Brooks Park, where you can shoot hoops or enjoy the green space. For dining, you’re close to the trendy American Sardine Bar and the beloved Two Eagles Cafe, providing a range of delicious options right at your fingertips. Whether you’re an investor looking to expand your portfolio or a homeowner eager to infuse a bit of personal touch, this home offers a fantastic canvas to create your dream space. Embrace the opportunity to enhance this property and enjoy the charm and convenience of living in Point Breeze.

Details

Property type

Townhouse

Est. home value

$174,246

Lot size

616 sq ft

Price per sq ft

$236

Year built

1920

Annual property taxes

$2,021

HOA

No

Price History

09/10/2024
Bright

Bright #PAPH2380976

Price change
$185,000
-5.13%
08/08/2024
Bright

Bright #PAPH2380976

Listed
$195,000
+44.44%
05/03/2019
Bright

Bright #1010013936

Sold
$135,000

Schools & Community

Neighborhood: 

Point Breeze

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

$61,090
Asking price
$185,000
Closing costs (~8% of asking)
-$14,800
Est. remaining loan balance
-$109,110
Cash to seller
$61,090

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

Seller’s Loan History

Lender

Wilmington Savings Fund Society Fsb

Loan start date

March 2020

Original loan amount

$120,000

Est. remaining balance

$109,110

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Christopher Edmonds

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: 09/21/2024 at 10:35 AM

Listing updated: 09/19/2024 at 10:27 PM

Listed by: Melissa Rose LeGaspi, Elfant Wissahickon Realtors Phone #: (215) 866-0050

MLS: Bright #PAPH2380976

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