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2236 N Howard Street

PHILADELPHIA, PA 19122
  • $440,000
  • STATUS: Active
  • ON SITE: 109 Days
  • ID#: PAPH2126696
Open House
UPDATED: 42 min ago
$440,000
  • 3
    BEDS
  • 0.02
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 2,289
    SQFT
  • $192
    $/SQFT
Neighborhood:
Type:
Townhouse
Built:
2017
County:

School Ratings & Info

Description

Afraid to buy in today+GGs market? Don+GGt be. Here are 3 reasons why. 1) Bidding wars are over. Ask any successful real estate investor what the key to making money in real estate is. They+GGll say acquisition. Typically, the price you pay for the property is the lowest it+GGll ever be worth. Historically Philadelphia Real Estate has risen in value an average of 6% per year over the last 30 years. The only real dip was 2008-2010 when the maximum loss was only 10% in 2 years and fully recovered 100% by 2012. If you held your property during the 2 years around the +G+great crash of 08+G- you would have recovered any loss. Buy now when consumer confidence is low to get a deal compared to prices of 2020-2022. 2224 N Hope St. is a very similar home in size, location and amenities that sold for $477,000! That's already $37,000 more than the current asking price of this incredible home. You have to see it to get a real feel for how light and airy it is in person. 2) Date your rate. Marry your Home. Rates on an ARM (Adjustable Rate Mortgage) are still low. Some under 5%. This won+GGt last because lenders want to make the higher interest rates on the money they lend. You can still combat that by buying points. If that sounds expensive, ask the seller to finance it for you by giving you a seller+GGs assist. Ready to talk numbers!?!? Contact a REALTOR +- to recommend a lender who can give you the best deal off the bat. 3) Grants money and special programs are available. Now that the market isn+GGt flooded with buyers, they are easier to get than ever! For owner occupants this house qualifies for as little as 3% down and NO PMI using the Neighborhood Opportunity Program. With taxes and insurance (estimated) you're looking at a monthly payment around $2,600! Get yourself two roommates and split the mortgage up across three people, easy peasy! No roommates, no problem, $2,600 a month is still killer for a three bedroom, finished basement, back patio, oh yeah and a giant rooftop deck!! **5 years remaining on the Tax Abatement** Your financial future as a real estate mogul is calling you, are you going to answer?!

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Drayton Young Group | Compass. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-09-28T20:51:37.77.
www.draytonyounggroup.com/homes/129729747
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2236 N Howard Street PHILADELPHIA, PA 19122

  • Price: $440,000
  • Status: Active
  • On Site: 109 Days
  • Updated: 42 min ago
  • ID#: PAPH2126696
3
Beds
2
Baths
1
½ Baths
0.02
Acres
2,289
SQFT
$192
$/SQFT
2017
Built
Neighborhood:
Norris Square
County:
Philadelphia
Area:
19133 (19133)
School District:
The School District Of Philadelphia
Property Description
Afraid to buy in today+GGs market? Don+GGt be. Here are 3 reasons why. 1) Bidding wars are over. Ask any successful real estate investor what the key to making money in real estate is. They+GGll say acquisition. Typically, the price you pay for the property is the lowest it+GGll ever be worth. Historically Philadelphia Real Estate has risen in value an average of 6% per year over the last 30 years. The only real dip was 2008-2010 when the maximum loss was only 10% in 2 years and fully recovered 100% by 2012. If you held your property during the 2 years around the +G+great crash of 08+G- you would have recovered any loss. Buy now when consumer confidence is low to get a deal compared to prices of 2020-2022. 2224 N Hope St. is a very similar home in size, location and amenities that sold for $477,000! That's already $37,000 more than the current asking price of this incredible home. You have to see it to get a real feel for how light and airy it is in person. 2) Date your rate. Marry your Home. Rates on an ARM (Adjustable Rate Mortgage) are still low. Some under 5%. This won+GGt last because lenders want to make the higher interest rates on the money they lend. You can still combat that by buying points. If that sounds expensive, ask the seller to finance it for you by giving you a seller+GGs assist. Ready to talk numbers!?!? Contact a REALTOR +- to recommend a lender who can give you the best deal off the bat. 3) Grants money and special programs are available. Now that the market isn+GGt flooded with buyers, they are easier to get than ever! For owner occupants this house qualifies for as little as 3% down and NO PMI using the Neighborhood Opportunity Program. With taxes and insurance (estimated) you're looking at a monthly payment around $2,600! Get yourself two roommates and split the mortgage up across three people, easy peasy! No roommates, no problem, $2,600 a month is still killer for a three bedroom, finished basement, back patio, oh yeah and a giant rooftop deck!! **5 years remaining on the Tax Abatement** Your financial future as a real estate mogul is calling you, are you going to answer?!
Exterior Features

Architectural Style Straight Thru Construction Materials Masonry Garage YN No Other Structures Above GradeBelow Grade Parking Types On Street Patio And Porch Features RoofPatio(S) Pool No Pool Riparian Rights YN No View PanoramicCity Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2289 Appliances Built-In MicrowaveOven/Range - GasDishwasherRefrigeratorWasher - Front LoadingDryer - Front LoadingDisposal Basement Fully Finished Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplace YN No Fireplaces Total 0 Furnished No Heating Forced Air Heating YN Yes Interior Features Floor Plan - OpenDining AreaRecessed LightingSoaking TubTub ShowerStall ShowerWalk-In Closet(S)Wood Floors Laundry Type Upper Floor Levels 3 Unit Floors 3 Upper Level1 Bedrooms 2

Property Features

Accessibility Features None Assessment Year 2022 Association YN No Central Air YN Yes Condo YN No Cooling Fuel Electric Foundation Details Other Heating Fuel Natural Gas Hot Water Electric Municipality Philadelphia Navigable Water YN N New Construction YN No Original MLSNumber 801640441476 Ownership Interest Fee Simple Possession ImmediateNegotiable Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 976.00 Tax Assessment Amount 69768.00 Tax Lot 161 Transportation Bus Stop Less Than 1 MileMetro/Subway Station Less Than 1 MileAirport Less Than 10 Miles Vacation Rental YN No Water Source Public Zoning Rsa5

Listing courtesy of Elfant Wissahickon Realtors: .


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Drayton Young Group | Compass. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-09-28T20:51:37.77.
 
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