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$110,000

Beds
2
Baths
1.5
sq ft
Unknown

1607 Ramsay St, Baltimore, MD 21223

1607 Ramsay St

BALTIMORE, MD 21223

  • 77 days on market
    • Price drop $10,000↓
No access until ratified contract. This tenant occupied investment property was renovated last year with a new kitchen, new bath, new flooring throughout, ample room space and storage. Main level includes living room, dining room, large kitchen, enclosed patio. Upper level includes 2 large bedrooms and a large bathroom. Monthly rent is $1,200.00. Leases, licenses, lead certification & rent rolls are available upon request, please email listing agent to request.

Details

Property type

Townhouse

Lot size

1,040 sq ft

Price per sq ft

Unknown

Year built

1915

Annual property taxes

$928

HOA

No

Price History

04/15/2024

Bright #MDBA2121632

Listed
$110,000
+29.41%
11/15/2021

Bright #MDBA2015690

Sold
$85,000

Schools & Community

Neighborhood: 

New Southwest - Mount Clare

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

$20,888
Asking price
$110,000
Closing costs (~8% of asking)
-$8,800
Est. remaining loan balance
-$80,312
Cash to seller
$20,888

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

Seller’s Loan History

Lender

Danielle Nicole Deal

Loan start date

November 2021

Original loan amount

$85,000

Est. remaining balance

$80,312

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

V&Co 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 11:35 AM

Listing updated: 05/16/2024 at 2:23 PM

Listed by: Vilasini Wright, Wright Real Estate, LLC Phone #: (301) 213-6910

MLS: Bright #MDBA2121632

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