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$549,000

Beds
4
Baths
4.0
sq ft
2,207

1404 West St, Annapolis, MD 21401

1404 West St

ANNAPOLIS, MD 21401

  • 64 days on market
    • Price drop $50,900↓
This large, 3 unit multi family property. comes with fully approved architectural drawings, MEP drawings and permits; it is also fully demoed inside. The property has been under construction since it was purchased therefore there will not be a T12. This proptery, with a ton of potential, it is located OUTSIDE of the downtown historic district as well. This property is being sold "AS IS ".

Details

Property type

Est. home value

$818,134

Lot size

0.34 acres

Price per sq ft

$249

Year built

1920

Annual property taxes

$6,765

HOA

No

Price History

09/26/2024
Bright

Bright #MDAA2090400

Price change
$549,000
-8.48%
09/16/2024
Bright

Bright #MDAA2090400

Price change
$599,900
-4%
08/08/2024
Bright

Bright #MDAA2090400

Price change
$624,900
-3.85%

Schools & Community

Elementary school: 

GERMANTOWN

Middle school: 

BATES

High school: 

ANNAPOLIS

School district: 

ANNE ARUNDEL COUNTY 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

L&T Capital Group Llc

Loan start date

February 2023

Original loan amount

$125,000

Est. remaining balance

Not provided

Interest rate

6.48%

Loan type

Commercial

Seller

The Legacy Investment Group Llc

Lender

Lancaster Realty Capital Lp

Loan start date

February 2022

Original loan amount

$618,000

Est. remaining balance

Not provided

Interest rate

3.45%

Loan type

Future Advance Clause / Open End Mortgage

Seller

The Legacy Investment Group Llc

Lender

Andrew S Hawkins

Loan start date

December 2021

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

2.98%

Loan type

Commercial

Seller

The Legacy Investment Group Llc

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: 09/27/2024 at 8:20 PM

Listing updated: 09/26/2024 at 12:56 PM

Listed by: Nickolaus B Waldner, Keller Williams Realty Centre Phone #: (410) 312-0000

MLS: Bright #MDAA2090400

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