Seller's Agent in 2023
Billy Grewal
KW Empower
(202) 460-9996
7 in this area
82 Total Sales
2844 W Diamond St Philadelphia, PA 19121
Strawberry Mansion NeighborhoodEstimated Value: $551,000 - $764,000
--
Bed
--
Bath
3,489
Sq Ft
$198/Sq Ft
Est. Value
Highlights
- New Construction
- Central Heating and Cooling System
- Property is in excellent condition
- Contemporary Architecture
About This Home
As of July 2023Introducing 2844 Diamond!!! New Construction TRIPLEX. Located in one of in one of the strongest Multifamily Market in booming Brewerytown / Strawberry Mansion. Few blocks from Fairmount Park!!! The building has 3 units, perfectly designed by Kore Design with BALCONIES, REAR YARD and SHARED ROOF DECK. Great opportunity for first time home BUYER | INVESTOR | 1031 EXCHANGE. Live in one unit and rent the other two units out, or receive rental income from all 3 units. Lower UNIT [One] is a 3BD | 2BA Bi-level apartment with large rear yard. Pro forma rent of 2,000 / Month!!! UNIT [Two] is a 2BD | 2BA apartment with a, pro forma rent of $1,500 / Month!!! Upper UNIT [Three] is a 2BD | 2BA apartment with a massive skyline Roof Deck, pro forma rent of 1,550 / Month!!! Pro forma annual rent: $60,000, Pro forma CAP: 7.2 %. All THREE Units feature a flexible floor plan, High ceilings, large windows and an open contemporary feel. Wide plank floors & recessed lighting. All kitchens are home to shaker-style cabinetry, subway tile, granite countertops, stainless steel appliances. There is ample closet space and W/D hook up in all THREE units. In a great location for commuters, it takes just minutes to get to Center City or University City. There are several Septa routes nearby, and all major highways are easily accessible. Only steps away from Fairmount Park the developing Girard Avenue, including Crime and Punishment Brewery, Green Eggs Cafe and Aldi. Easy access to the Art Museum, Whole Foods, 30th Street Station, Boathouse Row, Fairmount Park, Kelly Drive and I-76. ***The finish photos are from another recently completed project by the same builder. FULL 10-YEAR TAX ABATEMENT!!! To Keep your operating cost LOW!!! 1 yr Builder Warranty. Unit 1 has already been Rented for $2,000 a month Annual Lease. Unit 2 has beeen rented for 1,500 a Month Annual Lease
Last Agent to Sell the Property
(202) 460-9996 grewalbilly@gmail.com KW Empower Listed on: 04/17/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $904
Year Built
- Built in 2023 | New Construction
Lot Details
- 1,120 Sq Ft Lot
- Lot Dimensions are 16.00 x 70.00
- Property is in excellent condition
Parking
- On-Street Parking
Home Design
- 3,489 Sq Ft Home
- Triplex
- Contemporary Architecture
- Brick Exterior Construction
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 323116100
Community Details
Overview
- 3 Units
- Strawberry Mansion Subdivision
Building Details
- Gross Income $60,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 17, 2023
Closed on
Jul 11, 2023
Sold by
2802 Cbm Llc
Bought by
Uge Ikemefune E and Ramkumar Priyanka
Seller's Agent
Billy Grewal
KW Empower
Buyer's Agent
Lauren Jacober
KW Empower
List Price
$720,000
Sold Price
$715,200
Premium/Discount to List
-$4,800
-0.67%
Views
44
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,533
Avg. Annual Appreciation
-1.45%
Original Mortgage
$730,576
Outstanding Balance
$702,036
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
-$10,369
Purchase Details
Closed on
Dec 10, 2021
Sold by
Fenix Construction Group Llc
Bought by
2802 Cbm Llc
Purchase Details
Closed on
Feb 3, 2021
Sold by
Mcnish Stanley N Brown
Bought by
Fenix Construction Group Llc
Purchase Details
Closed on
Aug 25, 2011
Sold by
Mcnish Stanley N and Estate Of Ethel N Mc Nish
Bought by
Mcnish Stanley N Brown
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Uge Ikemefune E | $715,200 | None Listed On Document | |
| 2802 Cbm Llc | $137,000 | None Listed On Document | |
| Fenix Construction Group Llc | $70,000 | None Available | |
| Mcnish Stanley N Brown | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Uge Ikemefune E | $730,576 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/14/2023 07/14/23 | Sold | $715,200 | 0.0% | $205 / Sq Ft |
| 05/20/2023 05/20/23 | Price Changed | $715,200 | -0.7% | $205 / Sq Ft |
| 04/17/2023 04/17/23 | For Sale | $720,000 | -- | $206 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $904 | $54,300 | $54,300 | -- |
| 2024 | $904 | $54,300 | $54,300 | -- |
| 2023 | $904 | $64,600 | $64,600 | $0 |
| 2022 | $87 | $64,600 | $64,600 | $0 |
| 2021 | $87 | $0 | $0 | $0 |
| 2020 | $87 | $0 | $0 | $0 |
| 2019 | $87 | $0 | $0 | $0 |
| 2018 | $87 | $0 | $0 | $0 |
| 2017 | $87 | $0 | $0 | $0 |
| 2016 | $479 | $0 | $0 | $0 |
| 2015 | $479 | $0 | $0 | $0 |
| 2014 | -- | $4,900 | $4,900 | $0 |
| 2012 | -- | $704 | $199 | $505 |
Source: Public Records
Agents Affiliated with this Home
-
Billy Grewal
-
Lauren Jacober
Buyer's Agent in 2023
Lauren Jacober
KW Empower
(215) 687-2462
2 in this area
69 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH2225138
APN: 323116100
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