tomo logo

$150,000

Beds
4
Baths
2.0
sq ft
1,386

5711 Springfield Ave, Philadelphia, PA 19143

5711 Springfield Ave

PHILADELPHIA, PA 19143

  • 48 days on market
**LARGE 4 BED/2 FULL BATH IN KINGSESSING, READY TO FINISH**Work has begun on some of the property. Owner removed some drywalls and the carpet, but will not be finishing. Enter the gate to the enclosed front paved patio and into the enclosed front porch. The living room and dining room are spacious with good ceiling height. The kitchen is ready for you to turn into a culinary dream with your own layout. Beyond the kitchen is the first full bathroom for convenience of daily life/entertaining. Upstairs you will find 4 true bedrooms and the 2nd full bathroom which is very large and in good condition. If you like a project or want to add another rental to your investment portfolio, this is the one. Schedule your showing today.

Details

Property type

Townhouse

Est. home value

$189,298

Lot size

1,384 sq ft

Price per sq ft

$109

Year built

1920

Annual property taxes

$1,007

HOA

No

Price History

11/04/2024
Bright

Bright #PAPH2416216

Listed
$150,000
-4.46%
12/20/2021
Bright

Bright #PAPH2005390

Sold
$157,000

Schools & Community

Neighborhood: 

Kingesessing

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

-$13,312
Asking price
$150,000
Closing costs (~8% of asking)
-$12,000
Est. remaining loan balance
-$151,312
Cash to seller
-$13,312

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

Seller’s Loan History

Lender

Meridian Bank

Loan start date

December 2021

Original loan amount

$161,667

Est. remaining balance

$151,312

Interest rate

3.05%

Loan type

FHA, 30 year

Seller

Trayniece Lovelace

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 12:20 PM

Listing updated: 11/04/2024 at 7:54 AM

Listed by: Michael P Cohen, KW Empower Phone #: (215) 627-3500

MLS: Bright #PAPH2416216

Bright logo

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