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$229,900

Beds
3
Baths
1.0
sq ft
1,375

2810 N Washington St, Wilmington, DE 19802

2810 N Washington St

WILMINGTON, DE 19802

  • 43 days on market
Here’s an amazing cash flowing investment opportunity with City of Wilmington rebates available(YES, for investors too). This property is currently rented out for $2,000 (through September) and can be renewed if the new owner wishes. The cash flow is an estimated $342 a month (estimated using 20% down, current interest rate, $1,800 est. annual taxes, $600 est. annual insurance, plus the monthly principal and interest mortgage payment. Pls verify cash flow and estimated payment with with your lender). This beautiful home won’t last long!

Details

Property type

Townhouse

Est. home value

$183,299

Lot size

2,178 sq ft

Price per sq ft

$168

Year built

1925

Annual property taxes

$1,336

HOA

No

Price History

05/20/2024

Bright #DENC2061662

Listed
$229,900

Schools & Community

Neighborhood: 

9th Ward Area

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

RED CLAY CONSOLIDATED

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

$167,409
Asking price
$229,900
Closing costs (~8% of asking)
-$18,392
Est. remaining loan balance
-$44,099
Cash to seller
$167,409

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

Seller’s Loan History

Lender

Pnc Mortgage Llc

Loan start date

June 2018

Original loan amount

$49,500

Est. remaining balance

$44,099

Interest rate

4.47%

Loan type

New Conventional, 30 year

Seller

Capone Romeo

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: 07/02/2024 at 7:25 PM

Listing updated: 05/22/2024 at 2:30 PM

Listed by: Corey J Harris, Crown Homes Real Estate Phone #: (302) 504-6147

MLS: Bright #DENC2061662

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