tomo logo

$90,000

Beds
2
Baths
1.0
sq ft
896

1317 S Merrimac Rd, Camden, NJ 08104

1317 S Merrimac Rd

CAMDEN, NJ 08104

  • 59 days on market
This is a HUD home, case # 351-828666Nice interior row home! Features living room, eat in kitchen with newer appliances. Plenty of windows for natural light, partially finished basement, 2 bedrooms, full bath and fenced back yard, perfect for entertaining and relaxing. Minutes from shopping, and major roadways. Close to public transportation. Place this on your must see list! Schedule a showing today!! HUD home sold "AS IS" Buyer is responsible for ALL transfer tax. Managed by Raine and Company. All offers that require financing must include a Lender's written pre-approval letter or proof of funds, which must include the case # & the address. All lenders must be willing to lend on an "AS IS" condition. The utilities are off so PLEASE use CAUTION. The buyer's agent must be present for all showings & inspections. All property information including "property condition report" is available on the web. Municipalities requiring City Certs/ Use & Occupancy are at the Buyer's expense.Buyers agents must obtain all required certs. Visit the HUD website (in agent remarks) for deadlines and bidding or to view more properties. Buyer pays all transfer tax, U&O & conveyancing fees. Disclosure & property condition report attached in MLS This property is IE (Insured escrow) First 30 days Owner Occupants ONLY

Details

Property type

Townhouse

Est. home value

$134,087

Lot size

1,600 sq ft

Price per sq ft

$101

Year built

1945

Annual property taxes

$1,482

HOA

No

Price History

04/28/2024

Bright #NJCD2066798

Listed
$90,000
+16.88%
01/05/2021
BrightMLS

BrightMLS #NJCD410370

Sold
$77,000

Schools & Community

Neighborhood: 

Fairview

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

CAMDEN CITY SCHOOLS

Tracey, Home Search Advisor
Tracey
Home Search Advisor

How can I help? Hi, I’m Tracey, your real estate expert. Send me your questions about this listing or about shopping for homes.

Response time: 20 min or less

or text or call (404) 738-5385

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

-$30,179
Asking price
$90,000
Closing costs (~8% of asking)
-$7,200
Est. remaining loan balance
-$112,979
Cash to seller
-$30,179

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

Seller’s Loan History

Lender

Amerisave Mortgage Corp

Loan start date

March 2022

Original loan amount

$117,826

Est. remaining balance

$112,979

Interest rate

3.69%

Loan type

FHA, 30 year

Seller

Nesly Petion

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: 06/25/2024 at 7:25 PM

Listing updated: 04/28/2024 at 12:13 AM

Listed by: Elaine J. Corbin, 24-7 Real Estate, LLC Phone #: (215) 891-0777

MLS: Bright #NJCD2066798

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