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$125,000

Beds
2
Baths
1.0
sq ft
1,512

1120 Gorsuch Ave, Baltimore, MD 21218

1120 Gorsuch Ave

BALTIMORE, MD 21218

  • 64 days on market
    • Price drop $13,000↓
Detached house in the "Better Waverly" neighborhood of Baltimore City; with lot of upgrades . Main level includes living room, dining room, den/bonus room and kitchen. Upper level includes 2 bedrooms , 1 bath and a laundry room. Lower level is unfinished. Features include: Central A/C, Gas hot water heater, Forced hot air heat, Covered front Porch, Fenced in side/rear yard, updated windows, Window bars over main level windows.JUST MINUTES to Clifton Park Golf Course, MedStar Union Memorial Hospital, and Johns Hopkins University. Easy access to major traffic artery. Great Location !!!!!!!!!!!

Details

Property type

Single Family Residence

Est. home value

$210,069

Lot size

4,356 sq ft

Price per sq ft

$83

Year built

1915

Annual property taxes

$2,889

HOA

No

Price History

10/16/2024
Bright

Bright #MDBA2139926

Price change
$125,000
-9.42%
09/19/2024
Bright

Bright #MDBA2139926

Listed
$138,000
+15.21%
06/27/2022
Bright

Bright #MDBA2041220

Sold
$119,780
+32.94%

Schools & Community

Neighborhood: 

Better Waverly

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

$28,201
Asking price
$125,000
Closing costs (~8% of asking)
-$10,000
Est. remaining loan balance
-$86,799
Cash to seller
$28,201

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

Seller’s Loan History

Lender

Embrace Home Loans Inc

Loan start date

June 2022

Original loan amount

$89,835

Est. remaining balance

$86,799

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Yasharth Vikram and Devisha Jadeja

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: 11/22/2024 at 10:40 AM

Listing updated: 10/15/2024 at 11:39 PM

Listed by: Pushpa Mittal, Weichert, REALTORS Phone #: (301) 656-2500

MLS: Bright #MDBA2139926

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