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$199,500

Beds
3
Baths
1.5
sq ft
1,248

308 S 56th St, Philadelphia, PA 19143

308 S 56th St

PHILADELPHIA, PA 19143

  • 62 days on market
    • Price drop $22,500↓
Newly renovated, spacious, move in ready home in West Philadelphia. Front of the home has been freshly painted, newer windows, new flooring, stainless steel appliances, granite counter top and more. Laundry in clean but, unfinished basement. Home is being Sold-As-Is. Seller is motivated. Has 2 other homes he can sell as package.

Details

Property type

Townhouse

Est. home value

$175,714

Lot size

1,233 sq ft

Price per sq ft

$160

Year built

1925

Annual property taxes

$2,354

HOA

No

Price History

03/21/2025
Bright

Bright #PAPH2440002

Price change
$199,500
-10.14%
03/15/2025
Bright

Bright #PAPH2440002

Price change
$222,000
-5.53%
01/30/2025
Bright

Bright #PAPH2440002

Listed
$234,999
+98.31%

Schools & Community

Neighborhood: 

Cobbs Creek

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$86,215
Asking price
$199,500
Closing costs (~8% of asking)
-$15,960
Est. remaining loan balance
-$97,325
Cash to seller
$86,215

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

Seller’s Loan History

Lender

Greentree Mortgage Company Lp

Loan start date

February 2022

Original loan amount

$104,000

Est. remaining balance

$97,325

Interest rate

3.22%

Loan type

New Conventional, 30 year

Seller

Tanzir Hossain Bhuiyan

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: 04/03/2025 at 12:35 AM

Listing updated: 03/21/2025 at 5:01 PM

Listed by: Kurlene Gray, BMB Living, Inc. Phone #: (267) 463-2428

MLS: Bright #PAPH2440002

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