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$193,000

Beds
3
Baths
1.5
sq ft
1,154

1601 Addison Road South, District Heights, MD 20747

1601 Addison Road South

DISTRICT HEIGHTS, MD 20747

  • Pending
Welcome home! This wonderfully maintained home features 3 bedrooms and 1 1/2 baths. Enjoy natural light and energy efficiency with recently updated windows throughout the home. This two level condo is priced right with 3 well appointed bedrooms, designated dining room, and a living room fit for entertaining. Great location! Conveniently located to 495, Ritchie Marlboro shopping center (Ritchie Station), and DC, this home is close to schools, parking and public transportation! Don't miss the opportunity to own this charming home!

Details

Property type

Condominium

Est. home value

$175,656

Lot size

Unknown

Price per sq ft

$168

Year built

1965

Annual property taxes

$1,579

HOA

No

Price History

07/05/2024

Bright #MDPG2117272

Pending
$193,000
06/27/2024

Bright #MDPG2117272

Listed
$193,000

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

$32,238
Asking price
$193,000
Closing costs (~8% of asking)
-$15,440
Est. remaining loan balance
-$145,322
Cash to seller
$32,238

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

Seller’s Loan History

Lender

Contour Mortgage Corp

Loan start date

December 2021

Original loan amount

$153,328

Est. remaining balance

$145,322

Interest rate

3.14%

Loan type

VA, 30 year

Seller

James Love Jr

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: Pending/Under Contract

Tomo last checked: 07/06/2024 at 6:20 AM

Listing updated: 07/05/2024 at 4:43 PM

Listed by: Kristin A Sampson, Innovative Touch Realty, LLC Phone #: (202) 830-2835

MLS: Bright #MDPG2117272

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