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$230,000

Beds
3
Baths
1.0
sq ft
858

118 Franklin Ave, Brooklyn, MD 21225

118 Franklin Ave

BALTIMORE, MD 21225

  • 18 days on market
Welcome home! This charming 3-bedroom, 1-bathroom home has everything you need to settle in comfortably. Located on a quiet street, the property features an updated bathroom, fresh paint throughout, and a spacious living room perfect for relaxing or hosting gatherings. Step outside to a large backyard, ideal for entertaining, gardening, or enjoying the outdoors. This home is move-in ready and waiting for its new owners!

Details

Property type

Single Family Residence

Est. home value

$241,173

Lot size

4,687 sq ft

Price per sq ft

$269

Year built

1953

Annual property taxes

$2,274

HOA

No

Price History

12/06/2024
Bright

Bright #MDAA2099872

Listed
$230,000
+19.48%
07/22/2022
Bright

Bright #MDAA2035012

Sold
$192,500
+38.99%
04/06/2021
Bright

Bright #MDAA452058

Sold
$138,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

ANNE ARUNDEL 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

$31,669
Asking price
$230,000
Closing costs (~8% of asking)
-$18,400
Est. remaining loan balance
-$179,931
Cash to seller
$31,669

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

Seller’s Loan History

Lender

Primary Residential Mortgage Inc

Loan start date

July 2022

Original loan amount

$186,725

Est. remaining balance

$179,931

Interest rate

5.09%

Loan type

New Conventional, 30 year

Seller

Jacob Callis

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: 12/22/2024 at 6:45 AM

Listing updated: 12/14/2024 at 2:04 PM

Listed by: Christina J Palmer, Keller Williams Flagship of Maryland Phone #: (410) 729-7700

MLS: Bright #MDAA2099872

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