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$950,000

Beds
4
Baths
2.5
sq ft
2,925

28 W Gravers Ln, Philadelphia, PA 19118

28 W Gravers Ln

PHILADELPHIA, PA 19118

  • 72 days on market
    • Price drop $25,000↓
Welcome to 28 West Gravers Lane, a gem in the heart of Chestnut Hill. This 4-bedroom, 2.5-bathroom authentic late 1800s farmhouse has been meticulously updated and expanded, preserving its original character, details, and charm while incorporating modern conveniences and a floor plan tailored for contemporary living. Step through an original wrought-iron gate off the sidewalk onto a welcoming front porch, where you can relax and enjoy the vibrant atmosphere of charming Chestnut Hill. The entry foyer, with its high ceilings, opens to a spacious living room featuring a decorative fireplace, perfect for cozy gatherings. The large dining room is ideal for both daily meals and holiday entertaining. The expansive eat-in kitchen boasts stainless steel appliances, granite countertops, shaker cabinetry, a custom-built butcher block prep station, and a custom-built workstation with ample storage. A convenient powder room and a laundry room with side-by-side washer and dryer, plus additional storage cabinets, complete this lovely living floor. Step outside to an enclosed, large yard with a patio and storage shed, offering an ideal outdoor space for entertaining, play, dog lovers, or gardening. Upstairs, you'll find a fabulous and spacious family room, complete with a gas fireplace, custom built-ins, and a wet bar, perfect for cozy winter evenings. The primary suite is a serene retreat, featuring an abundance of windows overlooking the charming street, an en-suite bathroom with a step-in shower and soaking tub, and a large walk-in closet. Ascend to the third floor to discover two guest bedrooms, a full bathroom, and a third room currently used as a home office with charming wainscoting, truly authentic to the farmhouse feel. The basement provides excellent storage space. This home is conveniently located near shops, restaurants, cafes, and markets, with easy access to parks, transportation, Center City, major highways, and the suburbs. Experience the perfect blend of historic charm and modern living in this enchanting section of Philadelphia.

Details

Property type

Single Family Residence

Est. home value

$936,216

Lot size

4,521 sq ft

Price per sq ft

$325

Year built

1896

Annual property taxes

$8,723

HOA

No

Price History

08/26/2024
Bright

Bright #PAPH2372330

Price change
$950,000
-2.56%
08/01/2024
Bright

Bright #PAPH2372330

Price change
$975,000
-2.49%
07/08/2024
Bright

Bright #PAPH2372330

Listed
$999,900
+5.25%

Schools & Community

Neighborhood: 

Chestnut Hill

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

$147,897
Asking price
$950,000
Closing costs (~8% of asking)
-$76,000
Est. remaining loan balance
-$726,103
Cash to seller
$147,897

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

Seller’s Loan History

Lender

Prosperity Home Mortgage Llc

Loan start date

April 2022

Original loan amount

$760,000

Est. remaining balance

$726,103

Interest rate

3.89%

Loan type

New Conventional, 30 year

Seller

William W Latimer and Maria R Khan

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: 09/16/2024 at 4:30 PM

Listing updated: 09/02/2024 at 10:03 AM

Listed by: Joseph G Dougherty, BHHS Fox & Roach-Jenkintown Phone #: (215) 887-0400

MLS: Bright #PAPH2372330

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