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$123,500

Beds
2
Baths
1.0
sq ft
900

1606 Riggs Ave, Baltimore, MD 21217

1606 Riggs Ave

BALTIMORE, MD 21217

  • 73 days on market
As-Is but move in ready. This charming home is perfect for those seeking comfort and convenience. Boasting two cozy bedrooms and a modern bathroom, this residence offers a welcoming atmosphere. The fenced backyard provides a private oasis, ideal for relaxation or entertaining guests. Enjoy the convenience of central heating and air conditioning throughout the home, ensuring year-round comfort. Additionally, the new appliances in the kitchen add a touch of luxury to this inviting abode. Don't miss the opportunity to make this house your home!

Details

Property type

Townhouse

Est. home value

$82,839

Lot size

900 sq ft

Price per sq ft

$138

Year built

1920

Annual property taxes

$896.8

HOA

No

Price History

04/19/2024

Bright #MDBA2122294

Listed
$123,500
+124.55%
10/01/2020

Bright #MDBA496248

Sold
$55,000

Schools & Community

Neighborhood: 

Sandtown-Winchester

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

$71,318
Asking price
$123,500
Closing costs (~8% of asking)
-$9,880
Est. remaining loan balance
-$42,302
Cash to seller
$71,318

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

Seller’s Loan History

Lender

Amos Financial Llc

Loan start date

October 2020

Original loan amount

$49,500

Est. remaining balance

$42,302

Interest rate

2.96%

Loan type

New Conventional, 20 year

Seller

Kola Propeties 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: 07/01/2024 at 10:45 AM

Listing updated: 05/16/2024 at 12:53 PM

Listed by: Patricia A Rowe, Weichert, REALTORS Phone #: (301) 681-0550

MLS: Bright #MDBA2122294

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