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$120,000

Beds
5
Baths
2.5
sq ft
1,488

1332 W Lafayette Ave, Baltimore, MD 21217

1332 W Lafayette Ave

BALTIMORE, MD 21217

  • 68 days on market
    • Price drop $5,000↓
$5,000 Chase Great is Available for this Property! Wow! The renovation date is unknown, but this property underwent a gut renovation with new joists, staircases, framing, electric, plumbing, HVAC, and a modern layout. This is a great opportunity for a first-time homeowner looking for a sweat-equity deal or an investor looking to add a 3-level, 5-bedroom property to their portfolio. The owner is offering the buyer two options: 1) Buy it As-Is for $114,000 cash with no contingencies. 2) Buy it for $120,000, and the seller will have the power and water turned on for the Buyer’s Home Inspection. The seller will ensure there are no plumbing leaks and that the electric, furnace, hot water heater, stove, and fridge are all in working order so the property can pass a conventional appraisal. This home features hardwood flooring and exposed brick. The large front windows provide plenty of natural light. The main level includes a full kitchen (with pass-throughs), a dining room, and a powder room. Upstairs on the second floor, there are three bedrooms and a full bath. The top level also has two good-sized bedrooms and a full bath as well. The basement is perfect for needed storage. The home also comes with an updated furnace and water heater. The rear yard is spacious and surrounded by a privacy fence. There is a lot of opportunity with this property, and a little TLC will go a long way. Make your plans today. What’s not to love?! The home/rental is build-out ready, so schedule your tour today and experience this amazing property! Love it or leave it with our 12-month ‘Buy it Back or Sell it for Free’ guarantee!* Do you have a home/rental to sell? Buy this investment, and we will buy yours for cash!* Schedule a tour right now!

Details

Property type

Townhouse

Lot size

1,040 sq ft

Price per sq ft

$81

Year built

1910

Annual property taxes

$456

HOA

No

Price History

08/21/2024
Bright

Bright #MDBA2132252

Price change
$120,000
-4%
07/15/2024
Bright

Bright #MDBA2132252

Listed
$125,000
-3.85%
06/08/2024
Bright

Bright #MDBA2120466

Removed
$130,000

Schools & Community

Neighborhood: 

Sandtown-Winchester

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

BALTIMORE CITY PUBLIC SCHOOLS

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

K Bank

Loan start date

July 2007

Original loan amount

$32,000

Est. remaining balance

Not provided

Interest rate

6.42%

Loan type

Stand Alone Refi (Refinance of Original Loan), 1 year

Seller

Darius Waters and Ricardo Rowe

Lender

K Bank

Loan start date

January 2007

Original loan amount

$128,000

Est. remaining balance

Not provided

Interest rate

6.24%

Loan type

Stand Alone Refi (Refinance of Original Loan)

Seller

Darius Waters

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: 09/21/2024 at 12:30 AM

Listing updated: 09/18/2024 at 3:46 AM

Listed by: Dimitrios Lynch, ExecuHome Realty Phone #: (443) 632-3000

MLS: Bright #MDBA2132252

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