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$145,000

Beds
3
Baths
1.0
sq ft
1,200

640 S 57th St, Philadelphia, PA 19143

640 S 57th St

PHILADELPHIA, PA 19143

  • 2 days on market
Welcome to 640 S 57th St, a fantastic opportunity for owner-occupants or investors in the heart of Cobbs Creek! This 3-bedroom, 1-bathroom townhome offers great bones with original hardwood floors and approximately 1,200 square feet of living space. As you enter, you’ll be welcomed in a spacious living room that flows right into the Open Concept Dining room area right off the oversized Kitchen! Heading towards the back of the home you’ll find the back door for your private backyard space as well as stairs leading to the full length, unfinished basement – perfect for storage! Upstairs you’ll find 3 spacious bedrooms as well as the main bath. The home needs some TLC but has incredible potential to be transformed. Whether you're looking to renovate and customize or add to your investment portfolio, this property is a great option. Don't miss out on this opportunity—schedule your showing today! Please reach out directly to Co-Listing Agent Matt Williams for questions or to schedule an appointment. Home is being sold strictly As-Is.

Details

Property type

Townhouse

Est. home value

$136,309

Lot size

1,392 sq ft

Price per sq ft

$121

Year built

1925

Annual property taxes

$2,299

HOA

No

Price History

02/20/2025
Bright

Bright #PAPH2446810

Listed
$145,000
+16%
01/05/2024
BrightMLS

BrightMLS #PAPH2296442

Removed
$125,000
12/21/2023
BrightMLS

BrightMLS #PAPH2296442

Pending
$125,000

Schools & Community

Neighborhood: 

Cobbs Creek

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks, Street Lights

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

$86,022
Asking price
$145,000
Closing costs (~8% of asking)
-$11,600
Est. remaining loan balance
-$47,378
Cash to seller
$86,022

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

Seller’s Loan History

Lender

Long Beach Mortgage Co

Loan start date

August 2006

Original loan amount

$76,410

Est. remaining balance

$47,378

Interest rate

6.71%

Loan type

Not Provided, 30 year

Seller

Earl D Thomas

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: 02/22/2025 at 2:40 PM

Listing updated: 02/20/2025 at 6:34 AM

Listed by: David Snyder, KW Empower Phone #: (215) 627-3500

MLS: Bright #PAPH2446810

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