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$425,000

Beds
2
Baths
2.5
sq ft
1,982

48 E Penn St, Philadelphia, PA 19144

48 E Penn St

PHILADELPHIA, PA 19144

  • 317 days on market
    • Price drop $25,000↓
Germantown's newest boutique community on one of its prettiest, tree-lined blocks, with old, grand homes on large lots. Originally a stately mansion, and on the Philadelphia Register of Historic Places, it has been brilliantly renovated into four separate townhomes, each with significant outdoor space and 2-Car Parking. 48 E Penn is 1,982 sq. ft. of finished space and offers 2 spacious bedrooms, 2.5 baths, and spectacular windows and natural light. Also includes 2,240 sq. ft. of lovely, dedicated wrap-around outdoor space. The two car parking includes a 500 sq. ft private garage and a driveway space (not tandem). Elegance in its simplicity. These homes are not your standard renovation, finishes, and design. If you are looking for something pristine and that perfectly fits your superb taste, this is it. Designed by the renowned C2 Architecture, each home has a different floorplan to meet your specific needs. But all have huge architectural spaces with beautiful oak floors, high ceilings, significant character, and stunning light. Large, open living areas. Curated finishes and fine custom millwork throughout. Brand new Marvin windows, solid core doors, and white oak hardwood floors throughout with a natural finish. Superb storage including a clean, unfinished basement. 10 YEAR TAX ABATEMENT. Red hot neighborhood. Less than two blocks to Germantown Kitchen Garden, Maker Artisan Pizza, Daaiyah’s Delicious, Uncle Bobbie’s Coffee & Books, Germantown Friends School, Greene Street Friends School, Grumblethorpe, and Howell Park. Quick drive to the brand new Germantown Weavers Way Co-op, the Wissahickon trails, Vernon Park, Fernhill Park, and Cloverly Park. Convenient to Center City, East Falls, Manayunk, Mount Airy & Chestnut Hill, and so much more. NOTES—There is an HOA for insurance, water/sewer, roof maintenance, and snow removal only. Not a condominium. Consists of four homes priced between $385,000 and $545,000 (three 2BRs and one 3BR + office. All with 2-car parking and private outdoor space). The tax abatement for these homes has been APPROVED. HOA Documents available upon request. FINANCING NOTE-- Every buyer can receive a $10,000 lender credit on this home.

Details

Property type

Townhouse

Est. home value

$687,507

Property condition

New Construction

Lot size

4,707.7 sq ft

Price per sq ft

$215

Year built

2024

Annual property taxes

$740.44

Monthly HOA fee

$437.2

Price History

12/04/2024
Bright

Bright #PAPH2320876

Listed
$425,000
10/19/2024
Bright

Bright #PAPH2320876

Pending
$425,000
09/06/2024
Bright

Bright #PAPH2320876

Price change
$425,000
-5.56%

Schools & Community

Neighborhood: 

Wister

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

Meridian Bank

Loan start date

February 2022

Original loan amount

$1,540,000

Est. remaining balance

Not provided

Interest rate

3.05%

Loan type

Building or Construction Loan

Seller

46 46 E Penn St 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 10:35 AM

Listing updated: 12/18/2024 at 3:14 PM

Listed by: Jeffrey Block, Compass RE Phone #: (267) 435-8015

MLS: Bright #PAPH2320876

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