tomo logo

$275,000

Beds
3
Baths
2.5
sq ft
1,366

2226 Melvin St, Philadelphia, PA 19131

2226 Melvin St

PHILADELPHIA, PA 19131

  • 20 days on market
Hello , and welcome to Melvin st. This home located in the Wynnefield section of Philadelphia is simply dazzling. It features a recently updated kitchen with ample cabinet space and stainless steel appliances. Hardwood floors throughout accentuate the true beauty of the home as well. Upstairs you will find three spacious bedrooms including the main bedroom which has an in-suite bathroom. The basement is fully finished and also has a half bath and entry point to the driveway for convenient parking. Central air will cool the home on those hot days of summer, while you entertain on the fully attached deck. All offers will be considered so make your appointment today.

Details

Property type

Townhouse

Est. home value

$283,393

Lot size

1,298 sq ft

Price per sq ft

$202

Year built

1925

Annual property taxes

$3,486

HOA

No

Price History

01/02/2025
Bright

Bright #PAPH2431408

Listed
$275,000
+74.27%
04/17/2015
Bright

Bright #1003171880

Sold
$157,800
+213.72%
07/31/2014
Bright

Bright #1003681704

Sold
$50,299

Schools & Community

Neighborhood: 

Wynnefield

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

OVERBROOK

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

$83,013
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$169,987
Cash to seller
$83,013

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

March 2022

Original loan amount

$180,000

Est. remaining balance

$169,987

Interest rate

3.56%

Loan type

New Conventional, 30 year

Seller

Karema Brabham

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 5:45 AM

Listing updated: 01/08/2025 at 12:10 AM

Listed by: Tacuma S Hambeau, BHHS Fox & Roach-Art Museum Phone #: (215) 763-2100

MLS: Bright #PAPH2431408

Bright logo

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