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$175,000

Beds
3
Baths
1.0
sq ft
1,120

2616 S Mildred St, Philadelphia, PA 19148

2616 S Mildred St

PHILADELPHIA, PA 19148

  • <1 day on market
HUD Home. Year Built 1925, LBP is required for all properties built before 1978. Sold "AS IS" by elec. bid only. Prop avail 01/04/2025. Bidding Process, Bid Due/Expiration dates, HUD's Insurability and other important information is posted on www.hudhomestore.gov. FHA Case #446-024114. Insured (IN). Eligible for FHA 203K. Financing Terms: FHA 203K, FHA 203B, Cash or Conventional Finance. This spacious Row Home with full basement can be your home. Close to schools, parks, Shopping and Transportation. Don't miss out on the opportunity. Buyer to verify all information prior to bidding. Go to website for more information or to place a bid. Buyer is responsible for their own investigative information on SqFt of home, Room Sizes, Bathroom counts, taxes and all other information regarding this home. This home is a AS-IS Sale with buyer being responsible for all inspections and repairs including CO, final water and sewer and other township inspections. Availability and status of sale type are subject to change at any time. This home may be available for $100.00 Total Down Payment if purchased with FHA Insured loan. $100.00 Down Payment is a Limited time opportunity. Also available are 1st Time Buyer Grants up to $10,000.00 toward Down Payment and Closing Costs. Other Program Available is Conventional 3% Down Payment, Up to 1% below current market rates with a $6000.00 Lender Credit, NO Mortgage Insurance. Buyer must be an owner occupant purchaser for these programs. All programs are subject to change at any time. Buyer choses their own lender. See attached Addendums & Disclosures in HUDs Website. For additional information contact the agent of your choice or click Listing agent to the right.

Details

Property type

Townhouse

Est. home value

$191,044

Lot size

688 sq ft

Price per sq ft

$157

Year built

1925

Annual property taxes

$2,486

HOA

No

Price History

02/04/2025
Bright

Bright #PAPH2441864

Listed
$175,000

Schools & Community

Neighborhood: 

Lower Moyamensing

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

PHILADELPHIA CITY

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

Sun West Mortgage Company Inc

Loan start date

October 2010

Original loan amount

$195,000

Est. remaining balance

Not provided

Interest rate

4.32%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage)

Seller

Philomena Gresh

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: 02/05/2025 at 1:45 AM

Listing updated: 02/04/2025 at 2:04 PM

Listed by: Kevin Wallace, MLS Direct Phone #: (856) 857-1800

MLS: Bright #PAPH2441864

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