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$148,000

Beds
3
Baths
1.0
sq ft
867

106 Franklin St, Hancock, MD 21750

106 Franklin St

HANCOCK, MD 21750

  • 166 days on market
    • Price drop $4,000↓
Very nice home on Franklin St., new addition on the back of home with a nice spacious living room, new updated bathroom and large first floor laundry room. Master bedroom is on the first floor to allow for single floor living if needed. 2 bedrooms upstairs with a walk up attic. Newer oil furnace installed, all electrical has been updated, new plumbing and water lines have been replaced out to the street hookup. Very nice home within walking distance to all the amenities of town. Off street parking as well as on street parking. Close to the Western Maryland Rail Trail, C&O Canal Towpath, Potomac River.

Details

Property type

Single Family Residence

Est. home value

$135,108

Lot size

5,200 sq ft

Price per sq ft

$171

Year built

1910

Annual property taxes

$1,039

HOA

No

Price History

01/07/2025
Bright

Bright #MDWA2023872

Price change
$148,000
-2.63%
12/11/2024
Bright

Bright #MDWA2023872

Price change
$152,000
-1.94%
10/09/2024
Bright

Bright #MDWA2023872

Price change
$155,000
-3.13%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

WASHINGTON COUNTY PUBLIC SCHOOLS

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

$38,230
Asking price
$148,000
Closing costs (~8% of asking)
-$11,840
Est. remaining loan balance
-$97,930
Cash to seller
$38,230

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

March 2022

Original loan amount

$104,000

Est. remaining balance

$97,930

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Jon M Sweeney and Loretta K Sweeney

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: 02/05/2025 at 11:00 AM

Listing updated: 01/31/2025 at 4:24 PM

Listed by: Eric Exline, Roger Fairbourn Real Estate Phone #: (301) 733-4183

MLS: Bright #MDWA2023872

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