tomo logo

$260,000

Beds
2
Baths
2.0
sq ft
1,020

14306 Bowsprit Lane Unit 431, Laurel, MD 20707

14306 Bowsprit Lane Unit 431

LAUREL, MD 20707

  • 18 days on market
Two bedrooms, two bathrooms at a great location. THE SELLER MUST COMPLY WITH HUD GUIDELINES 24 CFR 206 125. Offer must be submitted at HomePath website.

Details

Property type

Condominium

Est. home value

$262,134

Lot size

Unknown

Price per sq ft

$255

Year built

1988

HOA

No

Price History

06/15/2024

Bright #MDPG2116596

Listed
$260,000
+13.04%
09/08/2020
BrightMLS

BrightMLS #MDPG575598

Sold
$230,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

LAUREL

Community features: 

Pool

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

$38,508
Asking price
$260,000
Closing costs (~8% of asking)
-$20,800
Est. remaining loan balance
-$200,692
Cash to seller
$38,508

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

Seller’s Loan History

Lender

Moria Development Inc

Loan start date

September 2020

Original loan amount

$218,500

Est. remaining balance

$200,692

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

Renatta Rickford

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: 07/03/2024 at 11:40 AM

Listing updated: 06/19/2024 at 12:43 AM

Listed by: Rose Ogbonna, Citiwide Realtors Inc. Phone #: (301) 674-4542

MLS: Bright #MDPG2116596

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