tomo logo

$115,000

Beds
3
Baths
1.5
sq ft
Unknown

2117 Penrose Ave, Baltimore, MD 21223

2117 Penrose Ave

BALTIMORE, MD 21223

  • Coming soon
Situated in the Penrose neighborhood, this two-story townhouse offers easy access to essential amenities and strong investment potential. The property is tenant-occupied, making it an ideal opportunity for investors seeking steady rental income. Conveniently located near Grace Medical Center, Westside Shopping Center, and Mt. Clare Junction, residents enjoy access to healthcare, shopping, and dining. The West Baltimore MARC Station is just minutes away, providing commuter-friendly transportation options. Additionally, the Franklin-Mulberry Expressway ensures a quick and seamless connection to downtown Baltimore and surrounding areas. The seller's preferred title company is CLA Title and Escrow Preferred Lender is Hannah Katz

Details

Property type

Townhouse

Lot size

1,235 sq ft

Price per sq ft

Unknown

Year built

1920

Annual property taxes

$684

HOA

No

Price History

06/15/2023
Bright

Bright #MDBA2082374

Sold
$84,700
+41.17%
05/25/2022
Bright

Bright #MDBA2039090

Sold
$60,000
+94.81%
08/21/2020
BrightMLS

BrightMLS #MDBA517172

Sold
$30,800
+670%

Schools & Community

Neighborhood: 

Penrose-Fayette Street Outreach

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

$39,116
Asking price
$115,000
Closing costs (~8% of asking)
-$9,200
Est. remaining loan balance
-$66,684
Cash to seller
$39,116

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

Seller’s Loan History

Lender

Navy Fcu

Loan start date

June 2023

Original loan amount

$71,995

Est. remaining balance

$66,684

Interest rate

5.71%

Loan type

New Conventional, 15 year

Seller

Tamara Williams and Jessica Williams

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: Coming Soon

Tomo last checked: 03/04/2025 at 6:20 AM

Listing updated: 02/27/2025 at 9:44 PM

Listed by: Ms. Ronni Danielle D Cannady, Samson Properties Phone #: (443) 542-2251

MLS: Bright #MDBA2157860

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