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$425,000

Beds
3
Baths
2.5
sq ft
716

1119 Race St, Baltimore, MD 21230

1119 Race St

BALTIMORE, MD 21230

  • 5 days on market
This spacious 3-bedroom, 2.5-bathroom home has undergone recent renovations from top to bottom. The main floor features an inviting open layout with gleaming hardwood floors, perfect for gatherings. A newly constructed half bathroom adds convenience to the main living area. The kitchen showcases brand-new stainless-steel appliances, updated cabinetry, and new tile flooring. Outside, the backyard offers ample space for guests and private parking. Upstairs, two large, sunlit bedrooms boast fresh carpeting and generous closet space, accompanied by a modernized full bathroom with stylish accents. The third-floor primary suite includes abundant closet space and a full bathroom with a large soaking tub. Accessible via a unique, custom-made staircase, the rooftop deck provides a scenic vista of Downtown Baltimore to the Northeast, creating an ideal setting for entertaining or peaceful relaxation. This home has consistently excelled as a turnkey rental, making it an ideal investment for new owners looking for a ready-to-rent, buy- and-hold property. Positioned in a prime location amidst substantial investment and growth, it sits near some of Baltimore's premier entertainment and social attractions. Just steps away from Cross Street Market, M&T Bank Stadium, Camden Yards, Horseshoe Casino, the new Top Golf, Checkerspot Brewery, and an array of restaurants and nightlife options in south Baltimore, the area promises even more development and enhancement in the future. Recent upgrades include a new water heater installed in 2022 and a new HVAC system installed in 2021.

Details

Property type

Townhouse

Est. home value

$291,369

Lot size

871.2 sq ft

Price per sq ft

$594

Year built

1900

Annual property taxes

$5,022

HOA

No

Price History

06/26/2024

Bright #MDBA2130548

Listed
$425,000

Schools & Community

Neighborhood: 

Sharp-Leadenhall

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

BALTIMORE CITY 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

$210,271
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$180,729
Cash to seller
$210,271

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

Seller’s Loan History

Lender

Georgy Mason Mortgage Llc

Loan start date

October 2016

Original loan amount

$217,000

Est. remaining balance

$180,729

Interest rate

3.44%

Loan type

New Conventional, 30 year

Seller

Eric Fisher and Tara Fisher

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: 07/01/2024 at 11:45 AM

Listing updated: 06/27/2024 at 5:44 PM

Listed by: Michael C Nugent, Corner House Realty Phone #: (443) 499-3839

MLS: Bright #MDBA2130548

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