tomo logo

$105,000

Beds
4
Baths
2.0
sq ft
1,484

108 Center St, Frostburg, MD 21532

108 Center St

FROSTBURG, MD 21532

  • 63 days on market
ATTENTION INVESTORS: This 4-bedroom, 2 full bath home is currently rented for $1,100 per month, with tenants paying all utilities. The main level features a bedroom, laundry, and a full bath. The kitchen includes all appliances. Enjoy an enclosed front porch, a large rear yard, and off-street parking. Conveniently located near Frostburg State University, food, and shopping! Don't miss out on this fantastic opportunity to invest in a property with great potential. Contact me today to arrange a viewing and see all that this home has to offer. Remember, a 24-hour notice is required for tours, so plan accordingly. The seller is open to all reasonable offers, making this the perfect time to negotiate and secure a valuable investment. Photos coming soon!

Details

Property type

Single Family Residence

Est. home value

$112,655

Lot size

4,320 sq ft

Price per sq ft

$71

Year built

1917

Annual property taxes

$1,532

HOA

No

Price History

07/16/2024
Bright

Bright #MDAL2009460

Listed
$105,000
-4.46%
07/01/2024
Bright

Bright #MDAL2008410

Removed
$109,900
03/06/2024
Bright

Bright #MDAL2008410

Listed
$109,900
-4.43%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

ALLEGANY 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

$45,240
Asking price
$105,000
Closing costs (~8% of asking)
-$8,400
Est. remaining loan balance
-$51,360
Cash to seller
$45,240

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

Seller’s Loan History

Lender

Residential Mortgage Services

Loan start date

July 2020

Original loan amount

$56,250

Est. remaining balance

$51,360

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

Michael Unholz

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: 09/16/2024 at 4:00 PM

Listing updated: 08/14/2024 at 4:05 AM

Listed by: Pamela A Terry, EXP Realty, LLC Phone #: (888) 860-7369

MLS: Bright #MDAL2009460

Bright logo

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