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$230,000

Beds
4
Baths
2.0
sq ft
1,364

1639 E Cold Spring Ln, Baltimore, MD 21218

1639 E Cold Spring Ln

BALTIMORE, MD 21218

  • 39 days on market
LEGALLY ZONED 2 UNIT ROWHOME LOCATED STEPS FROM MORGAN STATE! Both units are 2 bedroom 1 bath units with kitchens and full bath. Full basement with tons of storage space provides the opportunity to expand living area and potentially increase rental income. Large fenced yard. Separately metered - only the main level unit has Central AC/Forced Air heat. Upstairs unit has no central air and radiator heat. Perfect opportunity for an investor looking for an income producing rental unit. Each unit pays $1,000/month. Schedule your showing today.

Details

Property type

Townhouse

Est. home value

$215,399

Lot size

Unknown

Price per sq ft

$169

Year built

1947

Annual property taxes

$3,103

HOA

No

Price History

11/08/2024
Bright

Bright #MDBA2143246

Listed
$230,000
11/04/2024
Bright

Bright #MDBA2143246

Pending
$230,000
10/18/2024
Bright

Bright #MDBA2143246

Listed
$230,000
+65.47%

Schools & Community

Neighborhood: 

Hillen

Elementary school: 

NORTHWOOD

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

$89,222
Asking price
$230,000
Closing costs (~8% of asking)
-$18,400
Est. remaining loan balance
-$122,378
Cash to seller
$89,222

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

Seller’s Loan History

Lender

Amerihome Mortgage Company Llc

Loan start date

June 2020

Original loan amount

$135,049

Est. remaining balance

$122,378

Interest rate

3.23%

Loan type

FHA, 30 year

Seller

Maumba Christian Mabiala

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: 11/22/2024 at 5:15 AM

Listing updated: 11/08/2024 at 1:29 PM

Listed by: Gregory A Cullison Jr., EXP Realty, LLC Phone #: (888) 860-7369

MLS: Bright #MDBA2143246

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