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$195,000

Beds
2
Baths
1.0
sq ft
1,120

1601 Cereal St, Curtis Bay, MD 21226

1601 Cereal St

BALTIMORE CITY, MD 21226

  • 61 days on market
Welcome to this Fully Renovated, Move-In ready End Unit Townhome.This home features a spacious living room and updated kitchen on the main floor. Upstairs you will find two bedrooms and a full bath. The basement provides plenty of space allowing the new homeowner to get creative or simply use it as storage space. Property has been freshly painted and professionally cleaned.The property is located less than 4 miles away from the nearest shopping center offering a variety of restaurants and entertainment (Ritchie Hwy. Glen Burnie, MD) and less than 10 miles from BWI Airport and downtown Baltimore. Ideal for anyone looking to obtain homeownership. The lot space/garden located at the back of the property does not convey with the property. At a sales price of $225K, you can purchase both the property and the lot, which is a steal if you ask me! The lot/garden is (30x90) = 2,700sq.ft with a separate parcel to build on and/or add any additions to the property (ex. Garage, Mancave, workshop etc…) MUST SHOW PROOF OF FUNDS OR PRE-APPROVAL LETTER FROM BANK TO SCHEDULE A VIEWING WITH YOUR REALTOR.

Details

Property type

Townhouse

Lot size

3,403 sq ft

Price per sq ft

$175

Year built

1900

Annual property taxes

$755

HOA

No

Price History

05/01/2024

Bright #MDBA2122942

Listed
$195,000
+101.03%
02/09/2024

Bright #MDBA2107996

Sold
$97,000

Schools & Community

Neighborhood: 

Curtis Bay

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

BALTIMORE CITY 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

$132,826
Asking price
$195,000
Closing costs (~8% of asking)
-$15,600
Est. remaining loan balance
-$46,574
Cash to seller
$132,826

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

Seller’s Loan History

Lender

Primary Residential Mortgage Inc

Loan start date

December 2013

Original loan amount

$59,895

Est. remaining balance

$46,574

Interest rate

4.1%

Loan type

FHA, 30 year

Seller

John L Mckinney Iii

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: 07/01/2024 at 10:15 AM

Listing updated: 05/11/2024 at 6:33 AM

Listed by: Yony Kifle, EXP Realty, LLC Phone #: (866) 825-7169

MLS: Bright #MDBA2122942

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