tomo logo

$400,000

Beds
6
Baths
4.0
sq ft
2,376

1818 W Diamond St, Philadelphia, PA 19121

1818 W Diamond St

PHILADELPHIA, PA 19121

  • 65 days on market
Owner occupant or Investor opportunity awaits. Check out this 6 bed 4 bath room home. This offers a lot of potential options. As a primary residence the family has plenty of space and bathrooms to accomodate everyone. As an investment you're on Diamond street a main street that connects with Strawberry Mansion N.Philly (Temple U). The potential to rent the whole house to students exists. Other option is with some reconfigueration & due diligence (approvals etc) make it a duplex or triplex and enhance the value of your investment when the time suits you. All the bedrooms are decent sized and so are the bathrooms.There is a decent sized yard out back. The basement is large and unfinished. Check it out and see how this fits your real estate portfolio living plans for Phila. N. Phila has been developing for many years now. Enjoy the benefit of an area on "the rise" .

Details

Property type

Townhouse

Est. home value

$367,709

Lot size

1,344 sq ft

Price per sq ft

$169

Year built

1915

Annual property taxes

$6,126

HOA

No

Price History

07/13/2024
Bright

Bright #PAPH2375492

Listed
$400,000
+17.65%
11/16/2021
Bright

Bright #PAPH2030772

Sold
$340,000

Schools & Community

Neighborhood: 

North Central

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$63,180
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$304,820
Cash to seller
$63,180

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

December 2021

Original loan amount

$323,000

Est. remaining balance

$304,820

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Adam Kayed and Mohammad Fahim Kayed

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: 09/16/2024 at 3:25 PM

Listing updated: 08/25/2024 at 5:44 AM

Listed by: Marvin J Vargas, RE/MAX Access Phone #: (215) 400-2600

MLS: Bright #PAPH2375492

Bright logo

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