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$240,000

Beds
2
Baths
2.5
sq ft
1,550

1612 McHenry St, Baltimore, MD 21223

1612 McHenry St

BALTIMORE, MD 21223

  • 14 days on market
1612 Mchenry Street is a model home part of the Make Space Initiative. The Make Space initiative is a non-profit initiative taking place in the Mount Clare community in where we are building a collectivity run artist community. These artist homes are designed to be part of an artist collective community in the Mount Clare neighborhood. Buyers are required to participate in 60-hour Make Space training program. Buyer workshops will take place July 19th-20th, August 23rd-24th to provide more information on the Make Space initiative and requirements to purchase the homes. Current home is model home. 1618/1620 Mchenry Street are three bedroom models that will be available late October. Tours and information session by appointment only. Seller is non-profit. Home qualify's for 45k plus more of money for downpayment and closing cost.

Details

Property type

Townhouse

Lot size

8,712 sq ft

Price per sq ft

$155

Year built

1920

Annual property taxes

$142

HOA

No

Price History

06/15/2024

Bright #MDBA2129322

Listed
$240,000

Schools & Community

Neighborhood: 

New Southwest - Mount Clare

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

BALTIMORE CITY PUBLIC SCHOOLS

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Community Development Bank

Loan start date

February 2024

Original loan amount

$165,000

Est. remaining balance

Not provided

Interest rate

6.61%

Loan type

Commercial

Seller

Make Space Inc

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: 06/29/2024 at 10:30 AM

Listing updated: 06/22/2024 at 7:00 PM

Listed by: Patricia Ofori, RLAH @properties Phone #: (202) 518-8781

MLS: Bright #MDBA2129322

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