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$288,127Estimated home value

Beds
2
Baths
1.0
sq ft
1,028

1605 Oldtown Rd, Edgewater, MD 21037

1605 Oldtown Rd

EDGEWATER, MD 21037

  • Sold On 10/17/2024
*****Best and final offers due Monday 9/16 2pm*****JUST LISTED! OPEN HOUSE SUNDAY 1-3PM. Welcome to 1605 Oldtown Road, move in ready detached home for under $300k! Well maintained, freshly painted, one level living with a fully equipped kitchen. Dry, unfinished lower level with washer, dryer and water treatment system (conveys) Great multi level back deck over looks a flat yard. A MASSIVE back shed perfect for storage. Located in the Woodland Beach neighborhood with some of the best amenities for the price in Anne Arundel County. Only a few blocks away, multiple marinas, sandy beach and park/playground with BIG views of South River.

Details

Property type

Single Family Residence

Est. home value

$288,127

Lot size

5,000 sq ft

Price per sq ft

$291

Year built

1940

Annual property taxes

$2,558

HOA

No

Price History

10/15/2024
Bright

Bright #MDAA2093810

Sold
$307,700
+2.91%
09/16/2024
Bright

Bright #MDAA2093810

Pending
$299,000
09/12/2024
Bright

Bright #MDAA2093810

Listed
$299,000
+39.07%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

ANNE ARUNDEL 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

$118,434
Asking price
$299,000
Closing costs (~8% of asking)
-$23,920
Est. remaining loan balance
-$156,646
Cash to seller
$118,434

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

Seller’s Loan History

Lender

First Home Mortgage Corp

Loan start date

October 2020

Original loan amount

$172,000

Est. remaining balance

$156,646

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Jeffrey E Clark and Bonnie V Clark

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: Off Market

Tomo last checked: 11/03/2024 at 7:35 AM

Listing updated: 10/16/2024 at 10:33 PM

Listed by: Ryan C Turner, Coldwell Banker Realty Phone #: (410) 263-8686

MLS: Bright #MDAA2093810

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