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2417 Grays Ferry Avenue
Philadelphia, PA 19146
$545,000
Conventional
Property
Bedroom
2
Bathroom
2
Property Type
Conventional
Square ft
1662
Property Description
This classic rowhome opens to a bold, modern and one of a kind Philly rowhome. Directly across from Naval Square's manicured green space, this home's reimagined interior is flooded with sunshine throughout. The generous brick and limestone stoop welcomes you into the main level where you're greeted by high ceilings, Maple hardwood floors, and wide open space. Currently being used as a formal living room and a bedroom but could easily be converted into an artist's studio, home office, home gym, or leave as a great bedroom for guests. The bedroom has double-height vaulted ceilings and four skylights for an abundance of light, air and space. There is a full bath discretely tucked away and access to the outdoor area is on this level as well. On the second level you will find another spacious, open floor plan. The lofted chef's kitchen features a state of the art stainless GE Monogram appliance suite including a 5-burner stove, brand new refrigerator and dishwasher, and sleek dark wood cabinetry. The dining room is situated between the kitchen and the living room. The living room lies at the front of the house, providing you a lovely view of the lush, tree-filled square across the street. The entire third floor is your primary bedroom suite, complete with a walk-in closet with a built-in closet system and a modern 3-piece bath with limestone tiled and glass enclosed shower. There is place for a roof deck expansion off the third level if you desire. The full partially finished basement has great ceiling height and great potential for a home office, additional living space or even a third bedroom. You'll also find the laundry room and excellent storage capacity. This home is well located with easy access to public transportation, major roadways, U Penn, CHOP, Drexel, HUP, Schuylkill Banks River Trail, both Fitler and Rittenhouse squares, and the Center City business core. Giant Heirloom and South Square Markets as well as Green Aisle Grocery are all in super convenient proximity. Enjoy Triangle Park, Igloo, Grace Tavern, Ants Pants Cafe, My Thai, City Fitness and so many more restaurants, shops and conveniences along South Street West. Come see this stunning home today!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1915
MLS Number
PAPH2341650
Location
Address
2417 GRAYS FERRY AVENUE
City
PHILADELPHIA
State
PA
Zip Code
19146
County
PHILADELPHIA (SOUTH)
Listing
Provider
Redfin Corporation, original listing
Name
Redfin Corporation
Phone
(484) 962-0034
Office Name
Redfin Corporation
Office Phone
(484) 962-0034
Agent Name
Erik Lee

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.