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$550,000

Beds
5
Baths
4.0
sq ft
1,757

42 E 5th Ave, Collegeville, PA 19426

42 E 5th Ave

COLLEGEVILLE, PA 19426

  • 5 days on market
Before anything else. First, do not miss clicking on our incredible interior virtual video tour! Look for the camera icon in the information in not in the MLS. 2nd...compare My "move in ready", "NO HOA" payment/rules home with your ground, not community property vs twins in Freeland Square a few blocks away. Yes they have garages and? 42 E 5th is situated between the Collegeville Police Depart, the Collegeville Fire Department and the prestigious Ursinus College. Scenery, walkability, shopping, the real deal local community feel...A "real estate" perfect storm in my personal opinion for buyers in this market. Now the real stuff, with "no fast talk", no gimmicks: Welcoming you with a charming covered front porch, this meticulously maintained home is perfectly situated in a prime location. As you enter gleaming hardwood floors extend throughout the first and second levels. The well-appointed eat in kitchen boasts ample wood cabinetry, granite countertops, and a full suite of appliances to make your day to day living a breeze. Step outside to the rear deck, ideal for outdoor entertaining. A serviceable powder room completes this level. Proceed to the second floor where the primary bedroom awaits with its own bath and sizable closet. Two additional bedrooms share a well appointed hall bath. From this level, continue to the third floor where two additional bedrooms and another bath are located offering privacy for your loved ones. Not to be missed, the finished walkout basement includes additional living space and laundry room with a washer, dryer, and wash tub. Conveniently located just steps from restaurants, shops, and public transportation, this home offers the perfect blend of modern amenities and everyday convenience. Schedule your showing today!

Details

Property type

Duplex

Est. home value

$429,675

Lot size

0.4 acres

Price per sq ft

$314

Year built

1920

Annual property taxes

$6,628

HOA

No

Price History

02/28/2025
Bright

Bright #PAMC2130624

Listed
$550,000
+77.42%
12/22/2020
Bright

Bright #PAMC636260

Sold
$310,000
+226.32%
09/02/2014
Bright

Bright #1002914016

Sold
$95,000

Schools & Community

Elementary school: 

SOUTH

Middle school: 

PERKIOMEN VALLEY MIDDLE SCHOOL EAST

High school: 

PERKIOMEN VALLEY

School district: 

PERKIOMEN VALLEY

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

$252,070
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$253,930
Cash to seller
$252,070

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

Seller’s Loan History

Lender

Finance Of America Mortgage

Loan start date

December 2020

Original loan amount

$279,000

Est. remaining balance

$253,930

Interest rate

2.78%

Loan type

New Conventional, 31 year

Seller

John Patrick Lewis

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: 03/03/2025 at 11:20 PM

Listing updated: 02/28/2025 at 12:14 AM

Listed by: Mr. Gary A A Mercer SR., KW Greater West Chester Phone #: (610) 436-6500

MLS: Bright #PAMC2130624

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