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$179,000

Beds
4
Baths
1.0
sq ft
1,662

5221 W Berks St, Philadelphia, PA 19131

5221 W Berks St

PHILADELPHIA, PA 19131

  • 600 days on market
    • Price drop $16,000↓
Look at this W Berks St Home close to the university, public transportation, shopping, and the city. It is located in the Wynnefield section of Philadelphia. The property features four bedrooms and one bathroom. Here is a home with characteristics that will make you fall in love! The property has lots of potential. Bring your ideas and make this property your new home or investment property.

Details

Property type

Duplex

Est. home value

$217,939

Lot size

2,103 sq ft

Price per sq ft

$108

Year built

1965

Annual property taxes

$1,608

HOA

No

Price History

08/09/2024
Bright

Bright #PAPH2196994

Listed
$179,000
-8.21%
03/04/2024
BrightMLS

BrightMLS #PAPH2196994

Removed
$195,000
02/10/2024
BrightMLS

BrightMLS #PAPH2196994

Price change
$195,000
-13.33%

Schools & Community

Neighborhood: 

Wynnefield

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

$79,024
Asking price
$179,000
Closing costs (~8% of asking)
-$14,320
Est. remaining loan balance
-$85,656
Cash to seller
$79,024

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

February 2012

Original loan amount

$119,800

Est. remaining balance

$85,656

Interest rate

3.91%

Loan type

New Conventional, 30 year

Seller

Patricia E Taylor

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: 09/21/2024 at 10:35 AM

Listing updated: 09/09/2024 at 5:21 PM

Listed by: Vendela S Bonner, RE/MAX Affiliates Phone #: (267) 520-3711

MLS: Bright #PAPH2196994

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