tomo logo

$145,000

Beds
3
Baths
1.0
sq ft
1,038

2203 N Colorado St, Philadelphia, PA 19132

2203 N Colorado St

Philadelphia, PA 19132

  • 137 days on market
    • Price drop $5,000↓
Welcome to this charming corner property located just 3 short blocks from Temple University. With 3 bedrooms and 1 full bath, this home offers a cozy living space. The kitchen has been recently updated, and you'll appreciate the new laminate floors on the first floor and new carpet on the second floor, providing a comfortable and inviting atmosphere. The property has seen significant upgrades, including a new roof, water heater, and gas furnace, ensuring your peace of mind for years to come. There's also a fenced backyard for your outdoor enjoyment. While it's currently used as a single-family home, this property offers potential as an investment rental for Temple University students, given its proximity to the campus. In summary, this home offers a great location, comfortable living spaces, and updates that make it a solid investment. Schedule a showing to explore the possibilities of this property today!

Details

Property type

Townhouse

Est. home value

$92,342

Lot size

680 sq ft

Price per sq ft

$140

Year built

1925

Annual property taxes

$935

Price History

09/05/2024
Bright

Bright #PAPH2350924

Pending
$93,000
-7%
08/31/2024
Bright

Bright #PAPH2350924

Price change
$100,000
-16.67%
07/10/2024
Bright

Bright #PAPH2350924

Price change
$120,000
-11.11%

Schools & Community

Neighborhood: 

Stanton

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

$127,125
Asking price
$145,000
Closing costs (~8% of asking)
-$11,600
Est. remaining loan balance
-$6,275
Cash to seller
$127,125

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

Seller’s Loan History

Lender

Franklin Mint Fcu

Loan start date

May 2017

Original loan amount

$20,800

Est. remaining balance

$6,275

Interest rate

3.5%

Loan type

New Conventional, 10 year

Seller

Stacey Woodson and Stacey Allen Woodson

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?

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Status: Active

Tomo last checked: 09/18/2024 at 9:10 PM

Listing updated: 05/18/2024 at 8:04 AM

Listed by: Rada Rann, KW Empower Phone #: (215) 627-3500

MLS: BrightMLS #PAPH2350924

BrightMLS logo

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