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$585,000

Beds
3
Baths
1.0
sq ft
1,232

218 Monroe St, Philadelphia, PA 19147

218 Monroe St

PHILADELPHIA, PA 19147

  • 4 days on market
    • Open house Jan 18
Welcome to 218 Monroe. This adorable historic home is nestled in the middle of the highly sought after Queen Village neighborhood (Meredith School Catchment). The area is a walker’s paradise; with shops, restaurants, bars, public transportation, and parks all within just a couple of blocks. The home is an expanded trinity, boasting 4 full floors of living space. You enter on the main entertaining floor. Here you have a sitting area with working gas fireplace right next to a versatile workspace that looks out onto a private rear yard and shared courtyard. Downstairs, you get to the updated kitchen and dining space. This area has a rear glass door connecting it to a super cute private backyard, perfect for al fresco dining in your own garden. Moving back into the home, you can ascend the stairs to the second floor. This space has the modern bathroom with walk in shower and the first bedroom. The current owners use this space as their den/tv room, but could easily be a primary bedroom, with a very large closet and a decorative fireplace. Again moving up the stairs, we make it to the top floor, where we have the remaining 2 bedrooms. This sunny space is a perfect place to unwind and escape the noises of the city. The rear bedroom has a beautiful scenic view of the private rear yard and the shared courtyard that is full of plant life in the warmer months. This house is fully modernized with a newer tankless water heater plus central air and heating, which uses a system of mini-splits that can be individually programed for different temperatures. This centrally-located historic oasis could be your next home. Take a look today!

Details

Property type

Townhouse

Est. home value

$481,928

Lot size

508 sq ft

Price per sq ft

$475

Year built

1920

Annual property taxes

$5,228

Monthly HOA fee

$49.05

Price History

01/18/2025
Bright

Bright #PAPH2435326

Listed
$585,000
+26.21%
06/29/2020
Bright

Bright #PAPH884922

Sold
$463,500

Schools & Community

Neighborhood: 

Queen Village

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

PHILADELPHIA CITY

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

$451,774
Asking price
$585,000
Closing costs (~8% of asking)
-$46,800
Est. remaining loan balance
-$86,426
Cash to seller
$451,774

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

Seller’s Loan History

Lender

Trident Mtg Company Lp

Loan start date

July 2002

Original loan amount

$188,000

Est. remaining balance

$86,426

Interest rate

6.71%

Loan type

Not Provided, 30 year

Seller

Alison W Maguire

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: 01/18/2025 at 2:05 PM

Listing updated: 01/18/2025 at 6:30 AM

Listed by: Patrick John Hatfield, Elfant Wissahickon Realtors Phone #: (215) 866-0050

MLS: Bright #PAPH2435326

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