tomo logo

$144,500

Beds
2
Baths
1.0
sq ft
918

2548 Kern St, Philadelphia, PA 19125

2548 Kern St

PHILADELPHIA, PA 19125

  • 467 days on market
    • Price drop $5,000↓
Excellent investment opportunity in a highly desired location just off Frankford Ave in 19125 along the corridor of Fishtown. Nice brick front 2-story home in need of full renovation. Features include a formal living room, dining room, eat-in kitchen, large private rear yard, and unfinished basement. The 2nd floor has 2nd bedrooms and a large bathroom. This home has great rental potential or flip. The property is being sold in its present "as is" condition. No warranties are expressed or implied. Do your due diligence when you visit. Clean cash offers are preferred. SELLER FINANCING is available for 50-60% of the full asking price for 6-18 months at a mutually agreeable rate. Proposals will be considered in writing. Seller is form on the price.

Details

Property type

Townhouse

Est. home value

$151,773

Lot size

720 sq ft

Price per sq ft

$158

Year built

1875

Annual property taxes

$1,856

HOA

No

Price History

08/09/2024
Bright

Bright #PAPH2270736

Price change
$144,500
-3.34%
07/19/2024
Bright

Bright #PAPH2270736

Listed
$149,500
07/08/2024
Bright

Bright #PAPH2270736

Pending
$149,500

Schools & Community

Neighborhood: 

East Kensington

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

THE SCHOOL DISTRICT OF PHILADELPHIA

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Huntingdon Valley Bank

Loan start date

January 2020

Original loan amount

$145,000

Est. remaining balance

Not provided

Interest rate

3.73%

Loan type

Future Advance Clause / Open End Mortgage

Seller

J Preston Ross Holdings Llc

Lender

Huntingdon Valley Bank

Loan start date

December 2019

Original loan amount

$1,754,700

Est. remaining balance

Not provided

Interest rate

3.69%

Loan type

Future Advance Clause / Open End Mortgage

Seller

J Preston Ross Holdings Llc

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: 12/22/2024 at 12:10 PM

Listing updated: 10/25/2024 at 3:19 PM

Listed by: Christopher K Somers, KW Empower Phone #: (215) 627-3500

MLS: Bright #PAPH2270736

Bright logo

Recently listed in PHILADELPHIA

$170,000|3 bd|1.5 ba|Townhouse
$265,000|3 bd|2.5 ba|Townhouse
$160,000|3 bd|1.5 ba|Townhouse
$350,000|3 bd|1.5 ba|Townhouse
$600,000|3 bd|2.5 ba|Townhouse
$359,000|3 bd|1.5 ba|Townhouse
$374,900|3 bd|1.0 ba|House