3 months on rocket

1827 W Diamond St, Philadelphia, PA, 19121

$1,500,000

Home List Price

$10,000*

Closing Credit

0 Baths
6,880 SqFt
$218/SqFt
House

Location

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1827 W Diamond St, Philadelphia$1,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingOther
Year Built2018
HeatingCentral
CoolingCentral Air
MLS #PAPH2370296
Lot Size0.06 Acres
StatusActive
(ACTIVE)

About 1827 W Diamond St

THE OPPORTUNITY - Diamond Street Flats is a two property 15-unit portfolio located at 18th and Diamond Street in the North West neighborhood of Philadelphia. The portfolio consists of nine three-bedroom units, five two-bedroom units, and three one-bedroom units. A new owner will benefit from an in-place 10-year tax abatement for 1827 W. Diamond Street expiring in 2030. The Property is being offered free-and-clear RENTAL UPSIDE - Rents at nearby apartment buildings achieve up to $400 per month more than those at Diamond Street Flats. The large delta indicates that there is a rare opportunity, by improving operational efficiencies, a new owner can increase rents significantly before approaching competitive properties. DESIRABLE LOCATION - Diamond Street Flats is positioned in the North West section of Philadelphia, providing residents with access to the neighborhood’s robust dining and transportation options as well as major employment and education provider Temple University. Furthermore, the Property is poised to benefit from the continued development underway broadening the neighborhood’s resident base CONNECTIVITY - Diamond Street Flats is situated within a minutes’ walk to various SEPTA bus routes. Furthermore, residents have immediate access to the SEPTA Broad Street Line, a train line that runs through North Philadelphia and City Hall, providing residents quick access to Center City Philadelphia.

Property Details

Property Features

Property Information:

  • Architectural Style: Mid-Century Modern
  • Year Built: 2018
  • Living Area: 6,880 SqFt

Listing Office:

  • Office Name: Greysteel Company LLC
  • Office Phone: (202) 280-2722
  • Listing Agent: Ari Firoozabadi

Exterior Features

Parking Information:

  • Parking: Other

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Mastery Charter School at Gratz, Public Charter Grades 9-12
  • Tanner G. Duckrey School, Public District Grades KG-8

Other

Directions Information:

  • Directions: Use Google Maps

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,500,000
  • Price Per SqFt: $218/SqFt

Tax Information:

  • Annual Amount: $1,050
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

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Philadelphia, PA

City

Med. Sold Price

$260K

Med. Price/SqFt

$198

Avg. Days On Market

42

# of Sold Homes

1023

1827 W Diamond St vs Philadelphia

92 DAYS ON ROCKET

+50 Days

$1,500,000

+$1.2M More

$218/SqFt

+$19 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $19/SqFt more than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2370296

Listing Office:

  • Office Name: Greysteel Company LLC
  • Office Phone: (202) 280-2722
  • Listing Agent: Ari Firoozabadi

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers 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 on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. 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. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/27/2024, 8:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 16, 2017Home Sold
$268,500
May 07, 2015Home Sold
$77,000
Feb 13, 2015Home Sold
$960,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,050 -
2018$1,159$82,800
2017$1,159$82,800

History based on county public records data.

Payment Calculator

$7,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,564

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-814435
3
/10

  • Tanner G. Duckrey School

  • 1501 W Diamond St

  • 0.31 miles

  • Public District Grades KG-8

High School

school-card-donut-814436
3
/10

  • Mastery Charter School at Gratz

  • 1798 W Hunting Park Ave

  • 2.04 miles

  • Public Charter Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $11,250. The majority of Philadelphia, PA residents have income less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1827 W Diamond St

What is the listing price of this property?

The listing price of 1827 W Diamond St property is $1,500,000.

What type of property is this?

The property 1827 W Diamond St is a house located in Philadelphia, Pennsylvania, 19121.

Is this property for sale now?

Active Listing: 1827 W Diamond St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1827 W Diamond St are:
Tanner G. Duckrey School: GreatSchools Rating 3/10
Mastery Charter School at Gratz: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,050 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 16, 2017 for $268,500. (source: MLS/tax record).

What is the square footage of this property?

The property 1827 W Diamond St is 6,880 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1827 W Diamond St is 2018.

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19121›1827 W Diamond St

This home is located at 1827 W Diamond St in Philadelphia, PA and zip code 19121 in the Lower North Philadelphia neighborhood. This 6,880 square foot home, which was built in 2018, sits on a 0.06 acre lot. It has been listed on Rocket Homes since June 27, 2024 and is currently priced at $1,500,000.

While more than 247 listings in Philadelphia, PA in August 2024 were sold above asking price, there were more than 224 listings sold at asking price, and more than 552 were sold below. The number of homes for sale in Philadelphia, PA increased by 3.5% between July 2024 and August 2024. While the average time on the market in August 2024 was 42 days, the median list price was $260,064.

From Rocket Homes Real Estate and based on county public records data.

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