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$100,000

Beds
5
Baths
2.0
sq ft
1,785

5101 Folsom St, Philadelphia, PA 19139

5101 Folsom St

PHILADELPHIA, PA 19139

  • 250 days on market
Take advantage of this great investment opportunity. The home needs a full renovation. Bring your contractor and your imagination to return this home to proper form. The house is being sold as-is.

Details

Property type

Townhouse

Est. home value

$95,058

Lot size

938 sq ft

Price per sq ft

$57

Year built

1925

Annual property taxes

$1,040

HOA

No

Price History

06/04/2024
Bright

Bright #PAPH2344042

Listed
$100,000
+17.65%
02/28/2024
BrightMLS

BrightMLS #PAPH2287814

Removed
$85,000
10/13/2023
BrightMLS

BrightMLS #PAPH2287814

Listed
$85,000

Schools & Community

Neighborhood: 

Mill Creek

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

$62,822
Asking price
$100,000
Closing costs (~8% of asking)
-$8,000
Est. remaining loan balance
-$29,178
Cash to seller
$62,822

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

Seller’s Loan History

Lender

Wachovia Bank Na

Loan start date

March 2007

Original loan amount

$46,218

Est. remaining balance

$29,178

Interest rate

6.25%

Loan type

Not Provided, 30 year

Seller

Rajan Masih

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 1:25 PM

Listing updated: 10/21/2024 at 12:09 PM

Listed by: William F Kwasniewski, Century 21 Advantage Gold-South Philadelphia Phone #: (215) 465-1400

MLS: Bright #PAPH2344042

Bright logo

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