tomo logo

$530,000

Beds
4
Baths
3.0
sq ft
2,100

514 Mercy St, Philadelphia, PA 19148

514 Mercy St

PHILADELPHIA, PA 19148

  • 25 days on market
Step into this stunning, custom-built 4-bedroom, 3-full-bath home, just 5 years young and brimming with contemporary elegance. One of its standout features is the 5 years remaining on a FULL TAX ABATEMENT, offering incredible value and significant savings for years to come. Located on a picturesque tree-lined street, this home combines urban convenience with a peaceful neighborhood vibe. Inside, you’ll find gorgeous wood floors, soaring high ceilings, and an open-concept layout designed for comfort and style. Natural light pours into every room, highlighting the meticulous attention to detail throughout the home. The crown jewel of this property is the private roof deck, perfect for entertaining or relaxing while taking in breathtaking views of the Philadelphia skyline. Nestled in one of South Philadelphia’s most desirable neighborhoods, this home is steps from local dining, shopping, entertainment, and public transportation. Don’t miss your chance to own this luxurious, low-maintenance home that blends modern living with timeless charm! Property is available for rent for $2600/month. Some photos are virtually staged.

Details

Property type

Townhouse

Est. home value

$449,568

Lot size

658 sq ft

Price per sq ft

$253

Year built

2018

Annual property taxes

$1,035

HOA

No

Price History

11/29/2024
Bright

Bright #PAPH2423504

Listed
$530,000
11/06/2024
Bright

Bright #PAPH2400122

Removed
$530,000
09/23/2024
Bright

Bright #PAPH2400122

Listed
$530,000
+37.91%

Schools & Community

Neighborhood: 

Greenwich

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

$266,712
Asking price
$530,000
Closing costs (~8% of asking)
-$42,400
Est. remaining loan balance
-$220,888
Cash to seller
$266,712

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

February 2021

Original loan amount

$285,000

Est. remaining balance

$220,888

Interest rate

2.21%

Loan type

New Conventional, 15 year

Seller

Philip M Gonski and Jessica R Tarica

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 11:50 AM

Listing updated: 12/19/2024 at 5:39 PM

Listed by: Alexander Frederick, KW Empower Phone #: (215) 627-3500

MLS: Bright #PAPH2423504

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