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$320,000

Beds
3
Baths
2.5
sq ft
1,476

5553 Larchwood Ave, Philadelphia, PA 19143

5553 Larchwood Ave

PHILADELPHIA, PA 19143

  • 30 days on market
Eligible for a $10,000.00 down payment grant! Beautifully recently renovated straight through open-floor plan! Nothing has been left out. All the bells and whistles compliment this 3 bedroom, 2.5 bath gem in the “heart of Philadelphia”! What’s not to love about the built-in, mood-setting living room fireplace, recessed ambiance lighting, as well as lots of natural lighting? Open and airy, yet cozy and entertaining! Not to be missed is the state-of-the-art kitchen complete with granite countertops, all stainless-steel appliances, side by side-by-side refrigerator, a dishwasher, and did I forget to say, a wine fridge! The Upper Level offers an Ensuite Main Bedroom, with a walk-in Rain Shower, Bidet attachment, and an awesome Built-In Closet! There are two additional bedrooms complete with upgraded lighting, ceiling fans, ample closet space, and a full bathroom on this level. The finished lower level offers many possibilities with a Powder Room, Office Room, upgraded lighting, laundry facilities, and mechanicals. Newer roof, Central Air, Wood Laminate flooring, 200-amp electrical service. It is conveniently located to public transit, trains, the airport, shopping, universities, Center City, nightlife, the Main Line, parks, and recreation!

Details

Property type

Townhouse

Lot size

1,178 sq ft

Price per sq ft

$217

Year built

1925

Annual property taxes

$2,098

HOA

No

Price History

12/23/2024
Bright

Bright #PAPH2428318

Listed
$320,000
+12.68%
02/08/2024
Bright

Bright #PAPH2217894

Sold
$284,000

Schools & Community

Neighborhood: 

Cobbs Creek

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks, Street Lights

School district: 

PHILADELPHIA CITY

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

$41,328
Asking price
$320,000
Closing costs (~8% of asking)
-$25,600
Est. remaining loan balance
-$253,072
Cash to seller
$41,328

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

Seller’s Loan History

Lender

Prosperity Home Mortgage Llc

Loan start date

February 2024

Original loan amount

$255,600

Est. remaining balance

$253,072

Interest rate

6.67%

Loan type

New Conventional, 30 year

Seller

Rachel Toyin Oyetunde and Michael Alade Oyetunde

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: 01/22/2025 at 6:10 AM

Listing updated: 12/30/2024 at 2:19 PM

Listed by: Cheryl D Lomax, Realty Mark Associates - KOP Phone #: (215) 376-4444

MLS: Bright #PAPH2428318

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