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$169,999

Beds
2
Baths
1.0
sq ft
960

116 Lee Ave Unit 203, Takoma Park, MD 20912

116 Lee Ave Unit 203

TAKOMA PARK, MD 20912

  • 478 days on market
    • Price drop $19,001↓
Welcome home to this spacious, open and inviting condo! Incredibly convenient to restaurants, shopping, schools, and parks. This is a resident controlled access building with the unit on the main floor. You'll enjoy the immaculately maintained hardwood floors, stainless steel appliances, and fresh paint. All amenities and utilities included in the condo fee with exception of electricity and cable. Schedule a tour today!

Details

Property type

Condominium

Est. home value

$192,810

Lot size

Unknown

Price per sq ft

$178

Year built

1957

Annual property taxes

$2,915

HOA

No

Price History

12/03/2024
Bright

Bright #MDMC2105922

Listed
$169,999
09/10/2024
Bright

Bright #MDMC2105922

Pending
$169,999
05/16/2024
Bright

Bright #MDMC2105922

Listed
$169,999

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

MONTGOMERY 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

$136,909
Asking price
$169,999
Closing costs (~8% of asking)
-$13,600
Est. remaining loan balance
-$19,490
Cash to seller
$136,909

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

May 2019

Original loan amount

$22,346

Est. remaining balance

$19,490

Interest rate

4.06%

Loan type

FHA, 27 year

Seller

Seantae Ingram and Seantae Chambers

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: 12/21/2024 at 11:55 PM

Listing updated: 12/03/2024 at 11:54 AM

Listed by: Lonneshia Renee Lee, Keller Williams Preferred Properties Phone #: (240) 737-5000

MLS: Bright #MDMC2105922

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