616 Webb Road Elkins Park, PA 19027

$350,000
5
Beds
5.5
Baths
0.45
Acres
4,551
SQFT
77
$/SQFT
$350,000
5
Beds
5.5
Baths
4,551   sf
$77 / sf
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pending
1/8
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UPDATE: Thank you for your interest but the deadline has passed for showings and offers. CALLING ALL INVESTORS! Here’s your opportunity to bring back to life a once-stunning mid-century modern home built in 1956. With over 4500 SF, 5 bedrooms, 5.5 baths, and 2 fireplaces, it sits on a beautiful and tranquil lot on a quiet street in Elkins Park, a mere 1/3 of a mile from the Elkins Park Train Station. It is subject to an Act 135 Conservatorship, will need extensive renovations, and is being sold in "as-is" condition with no seller concessions. As part of the Act 135 Conservatorship, the home is scheduled to have the neglected pool filled in, replace the damaged fascia, remove the enveloping overgrowth, the damaged fencing, and outbuildings in the next 2 weeks. They have already done a clean out and removed all the carpeting which revealed some beautiful hardwood floors. We have in hand an appraisal from HUD for 535K in its current condition, but all offers will be considered. Comps for this home fully renovated near the 800K range!***Please be sure to read all the documents attached to the listing. An Access Agreement must be signed before entering the home. ***All offers should be submitted as quickly as possible so the Conservator may present the winning bid to the Court for its prompt approval. Schedule your showing today!

UPDATE: Thank you for your interest but the deadline has passed for showings and offers. CALLING ALL INVESTORS! Here’s your opportunity to bring back to life a once-stunning mid-century modern home built in 1956. With over 4500 SF, 5 bedrooms, 5.5 baths, and 2 fireplaces, it sits on a beautiful and tranquil lot on a quiet street in Elkins Park, a mere 1/3 of a mile from the Elkins Park Train Station. It is subject to an Act 135 Conservatorship, will need extensive renovations, and is being sold in "as-is" condition with no seller concessions. As part of the Act 135 Conservatorship, the home is scheduled to have the neglected pool filled in, replace the damaged fascia, remove the enveloping overgrowth, the damaged fencing, and outbuildings in the next 2 weeks. They have already done a clean out and removed all the carpeting which revealed some beautiful hardwood floors. We have in hand an appraisal from HUD for 535K in its current condition, but all offers will be considered. Comps for this home fully renovated near the 800K range!***Please be sure to read all the documents attached to the listing. An Access Agreement must be signed before entering the home. ***All offers should be submitted as quickly as possible so the Conservator may present the winning bid to the Court for its prompt approval. Schedule your showing today!

  • Neighborhood
  • Type
  • Total Baths
  • 1/2 Baths
  • County
    Montgomery
  • Area
    Cheltenham Twp
  • Tax Amount
    $16,878
  • Status
    Pending
  • Listing #
    PAMC2115288
  • Built
    1956
  • Lot Size
    0.45
  • Listed on site
    116 days
  • Listing Agent Id
    304055028055

Listed by:
Coldwell Banker Realty

Source:
BRIGHT MLS

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School Info

Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • Has garage
  • No Pool
  • Basement

Interior Features

  • Fire Place
  • Wood Floors
  • Main Floor Bedroom

Style

  • Cape

Property History

DateDays AgoEventNew Price
Oct 10, 20242 mos agoPrice decreased185,000 (35%)$350,000
Aug 29, 20244 mos agoNew on market$535,000
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