tomo logo

$149,999

Beds
3
Baths
1.0
sq ft
1,260

5105 Warren St, Philadelphia, PA 19131

5105 Warren St

PHILADELPHIA, PA 19131

  • 238 days on market
    • Price drop $25,001↓
This charming three-bedroom, one-bathroom home is conveniently located near the Mann Music Center, Please Touch Museum, Philadelphia Zoo, and University City. It offers an excellent opportunity for savvy investors or anyone seeking a cozy, affordable starter home. Recently vacated in August, the owner has revitalized the property with fresh paint, new flooring, and updates throughout. The modern kitchen and bathroom, along with updated appliances, make this home ready for a new tenant. The last tenant was paying $1,200 per month, but the current PHA HCV (Section 8) payment standard indicates a rental value of $1,788, presenting a fantastic investment opportunity for those looking to expand their portfolio. Bring your creativity and envision the possibilities of transforming this property into your dream investment or primary residence!

Details

Property type

Duplex

Est. home value

$147,646

Lot size

2,068 sq ft

Price per sq ft

$120

Year built

1920

Annual property taxes

$1,051

HOA

No

Price History

03/06/2024
Bright

Bright #PAPH2313548

Listed
$149,999

Schools & Community

Neighborhood: 

Carroll Park

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

$36,185
Asking price
$149,999
Closing costs (~8% of asking)
-$12,000
Est. remaining loan balance
-$101,814
Cash to seller
$36,185

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

Seller’s Loan History

Lender

Allied Mortgage Group Inc

Loan start date

December 2021

Original loan amount

$108,000

Est. remaining balance

$101,814

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Rodger George Cole

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: 09/23/2024 at 4:30 AM

Listing updated: 09/19/2024 at 10:26 PM

Listed by: Angela L Floyd, BAE Realty and Investment Services Phone #: (215) 607-6100

MLS: Bright #PAPH2313548

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