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$400,000

Beds
3
Baths
3.5
sq ft
1,524

2022 Eastern Ave, Baltimore, MD 21231

2022 Eastern Ave

BALTIMORE, MD 21231

  • 51 days on market
    • Price drop $30,000↓
Significant Price Reduction. Seller is motivated. Prepare to fall in love with this charming rowhome in the heart of Fells Point offering three bedrooms and the best that Baltimore has to offer! Freshly painted neutral color palette, recessed lighting, sun filled windows, renovated tile bathrooms and exceptional updates. Enter into the spacious living room highlighted by a spectacular brick accent wall, crown molding and gorgeous hardwood floors and recently cleaned carpet that continue throughout the property. The dining room offers space for any size gathering and flows into the upgraded kitchen that is fully equipped with granite countertops, stainless steel appliances, subway tile backsplash and soft close cabinetry. Ascend upstairs where the first bedroom suite awaits with an attached bathroom and doors to a private balcony. Another spacious bedroom, full bathroom and convenient laundry closet complete the upper level. The top level is adorned with the primary bedroom suite with a vaulted ceiling and full bathroom.

Details

Property type

Townhouse

Est. home value

$358,821

Lot size

1,524 sq ft

Price per sq ft

$263

Year built

1920

Annual property taxes

$7,358

HOA

No

Price History

06/26/2024

Bright #MDBA2124734

Price change
$400,000
-6.98%
05/09/2024

Bright #MDBA2124734

Listed
$430,000
+29.71%
09/30/2022

Bright #MDBA2048764

Sold
$331,500
+14.31%

Schools & Community

Neighborhood: 

Upper Fells Point

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

$93,026
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$274,974
Cash to seller
$93,026

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

September 2022

Original loan amount

$281,750

Est. remaining balance

$274,974

Interest rate

5.22%

Loan type

New Conventional, 30 year

Seller

Tracy Edwards and Perpetua Essel Edwards

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 8:35 AM

Listing updated: 06/26/2024 at 10:33 AM

Listed by: Nicole Loren Freeman, TTR Sotheby's International Realty Phone #: (202) 333-1212

MLS: Bright #MDBA2124734

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