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$313,300

Beds
3
Baths
2.5
sq ft
2,164

2117 Lorraine Ave, Gwynn Oak, MD 21207

2117 Lorraine Ave

GWYNN OAK, MD 21207

  • 182 days on market
Great Opportunity to own this single-family home with potential. This home was built in 1930 and features 3 bedrooms and 2.1 bathrooms, with plenty of living space. ***SPECIAL NOTES: (1) This is a CASH ONLY transaction. (2) Seller to pay Taxes, HOA, and Municipal/Utility Liens. (3) Please read the Auction disclaimers carefully before placing a bid or submitting an offer. ***

Details

Property type

Single Family Residence

Est. home value

$345,064

Lot size

8,140 sq ft

Price per sq ft

$145

Year built

1930

Annual property taxes

$3,607

HOA

No

Price History

06/24/2024
Bright

Bright #MDBC2100342

Listed
$313,300
-7.85%
06/11/2024
Bright

Bright #MDBC2085426

Removed
$340,000
03/26/2024
Bright

Bright #MDBC2085426

Listed
$340,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

BALTIMORE COUNTY 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

$217,915
Asking price
$313,300
Closing costs (~8% of asking)
-$25,064
Est. remaining loan balance
-$70,321
Cash to seller
$217,915

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

Seller’s Loan History

Lender

Phh Mortgage Services Corp

Loan start date

June 2021

Original loan amount

$76,125

Est. remaining balance

$70,321

Interest rate

2.97%

Loan type

FHA, 30 year

Seller

James A Green and Annett Hamlin

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: 12/22/2024 at 9:15 PM

Listing updated: 12/19/2024 at 1:44 AM

Listed by: Dana L. Rowell, RealHome Services and Solutions, Inc. Phone #: (770) 933-6678

MLS: Bright #MDBC2100342

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