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$225,000

Beds
2
Baths
2.0
sq ft
952

14000 Lord Marlborough Place Unit 18-1, Upper Marlboro, MD 20772

14000 Lord Marlborough Place Unit 18-1

UPPER MARLBORO, MD 20772

  • 84 days on market
    • Price drop $20,000↓
$25K Price Improvement!! Welcome to 14000 Lord Marlborough Pl #18-1, a beautifully maintained 2-bedroom, 2-bathroom condo on the first floor in the sought-after Upper Marlborough area. Freshly painted in 2024, this home offers a bright and inviting atmosphere from the moment you step inside. Enjoy the convenience of single-level living, with a private patio perfect for outdoor relaxation. Whether you're starting your day with a peaceful cup of coffee, taking your pet for a quick walk, or winding down with an evening glass of wine, the patio enhances your living experience with a touch of nature just outside your door. Beyond your doorstep, this condo is ideally located close to everything Upper Marlborough has to offer. Enjoy easy access to nearby parks, walking trails, and recreational areas, perfect for outdoor enthusiasts. Shopping, dining, and entertainment options are just minutes away, with local favorites like the Marlborough Village Center and Prince George’s Community College nearby. Commuters will appreciate the convenient proximity to major highways, making travel to Washington, D.C., and surrounding areas a breeze. Spacious and functional, the open floor plan provides seamless flow between the living and dining areas, making it perfect for both everyday living and entertaining. Ideally located, this condo offers the perfect combination of comfort and convenience, making it an ideal place to call home. Not FHA Approved

Details

Property type

Condominium

Est. home value

$209,886

Lot size

Unknown

Price per sq ft

$237

Year built

1990

Annual property taxes

$2,573

HOA

No

Price History

11/14/2024
Bright

Bright #MDPG2123630

Price change
$225,000
-8.16%
11/12/2024
Bright

Bright #MDPG2123630

Price change
$245,000
-2%
10/03/2024
Bright

Bright #MDPG2123630

Listed
$250,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

PRINCE GEORGE'S 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

$102,810
Asking price
$225,000
Closing costs (~8% of asking)
-$18,000
Est. remaining loan balance
-$104,190
Cash to seller
$102,810

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

Seller’s Loan History

Lender

Residential Bank Fsb

Loan start date

June 2005

Original loan amount

$186,700

Est. remaining balance

$104,190

Interest rate

5.77%

Loan type

FHA, 30 year

Seller

Katie Lee Frostbutter and Terrance Lee Blade

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: 11/15/2024 at 1:30 PM

Listing updated: 11/14/2024 at 4:59 PM

Listed by: Manavi Boeser, RLAH @properties Phone #: (703) 390-9460

MLS: Bright #MDPG2123630

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