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$500,000

Beds
2
Baths
2.0
sq ft
1,961

440 Olive St, Philadelphia, PA 19123

440 Olive St

PHILADELPHIA, PA 19123

  • 46 days on market
    • Price drop $44,000↓
Excellent investment property or first time family home purchase opportunity! Beautiful Northern Liberties contemporary home. Be in the right place at the right time. Fully renovated. This is an exciting opportunity to live in a great neighborhood! Three story & four level home including a cozy finished stone tile open basement space. Hardwood floors throughout all 3 upper levels. Loft style primary bedroom complete with a private ensuite and walk-in closet. An intimate kitchen space with granite counter tops and appliances. Bathrooms complete with stone tile flooring. Second floor bedroom along side dedicated office nook and washer dryer access. Work from home with ease and in comfort. Private back patio for relaxing or hosting small entertaining bar-b-que get-togethers. Great front porch to take in summer nights. Street parking is regularly available. This house is located a few blocks from the Asian Market, Target, Giant Heirloom Market, and Acme for all your food / home shopping needs. Enjoy great nightlife and restaurants along 2nd St. or travel into downtown Philly from the 2nd & Spring Garden subway station (7 min walk) to share in all the city has to offer. Also for commuting purposes, access to Indego bikes and multiple bus lines only 2 blocks away (3 min walk). Immediate occupancy.

Details

Property type

Townhouse

Est. home value

$429,996

Lot size

510 sq ft

Price per sq ft

$255

Year built

1920

Annual property taxes

$5,331

HOA

No

Price History

11/09/2024
Bright

Bright #PAPH2406914

Price change
$500,000
-8.09%
11/01/2024
Bright

Bright #PAPH2406914

Price change
$544,000
+8.8%
10/29/2024
Bright

Bright #PAPH2406914

Price change
$500,000
-8.09%

Schools & Community

Neighborhood: 

Northern Liberties

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

$161,141
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$298,859
Cash to seller
$161,141

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

Seller’s Loan History

Lender

Uif Corporation

Loan start date

August 2021

Original loan amount

$321,500

Est. remaining balance

$298,859

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Elizabeth Anh Reid Simmons and Christopher Gary Simmons

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: 11/22/2024 at 6:45 AM

Listing updated: 11/09/2024 at 11:59 AM

Listed by: Eric Strohm, Keystone State Properties Group Phone #: (856) 665-1238

MLS: Bright #PAPH2406914

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