tomo logo

$620,000

Beds
3
Baths
2.0
sq ft
1,680

1201 West St, Annapolis, MD 21401

1201 West St

ANNAPOLIS, MD 21401

  • 14 days on market
Great opportunity for investor or buyer looking to live in one unit and rent the other. This is a good condition legal two unit in Annapolis. Main level unit A has one bedroom, living room, kitchen, full bath, full size washer/dryer. Upper level unit B has separate entrance (side of house) two bedrooms, 1 bath, eat in kitchen, living area, loft room that is finished and is bedroom #2, full size washer/dryer in this unit as well. 1680 finished square feet (924 main level; 756 upstairs unit). Gas heat and cooking; central air conditioning. Off street parking for 3 cars; Nice surprise is the 207' deep lot features a private yard. detached shed in rear offers extra storage. furnishings negotiable

Details

Property type

Single Family Residence

Est. home value

$485,685

Lot size

4,620 sq ft

Price per sq ft

$370

Year built

1930

Annual property taxes

$7,075

HOA

No

Price History

02/17/2025
Bright

Bright #MDAA2103562

Removed
$620,000
02/15/2025
Bright

Bright #MDAA2103562

Listed
$620,000
02/09/2025
Bright

Bright #MDAA2103562

Listed
$620,000
+56.96%

Schools & Community

Elementary school: 

GERMANTOWN

Middle school: 

BATES

High school: 

ANNAPOLIS

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

$301,751
Asking price
$620,000
Closing costs (~8% of asking)
-$49,600
Est. remaining loan balance
-$268,649
Cash to seller
$301,751

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

Seller’s Loan History

Lender

First Home Mortgage Corp

Loan start date

January 2021

Original loan amount

$296,250

Est. remaining balance

$268,649

Interest rate

2.72%

Loan type

New Conventional, 30 year

Seller

Andrew Burt and Timothy P Burt

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: 02/23/2025 at 8:15 PM

Listing updated: 02/17/2025 at 11:49 PM

Listed by: Mary Kay K Gordon, Coldwell Banker Realty Phone #: (410) 263-8686

MLS: Bright #MDAA2103562

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