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$205,000

Beds
3
Baths
1.0
sq ft
1,650

221 N Lakewood Ave, Baltimore, MD 21224

221 N Lakewood Ave

BALTIMORE, MD 21224

  • Pending
    • Price drop $5,000↓
This home is eligible for $$$$$ FREE MONEY $$$$$ - - - Spacious & Charming Federal Style Row Home in the Iconic PATTERSON PARK neighborhood of Baltimore City. Step inside to an Uniquely WIDE open-concept main level. Enjoy the comfort the AMPLE SPACE provides in the living room and dedicated dining room. The LARGE sit-in Kitchen has been thoughtfully curated to include seating at the Island and a Built-in WINE/COFFEE HUTCH. Perfectly suited to ENTERTAIN FRIENDS & FAMILY. Walkup the lovely staircase to Three (3) Bedrooms; Including a GRAND PRIMARY BEDROOM with space for sleeping, lounging, and a Walk-In Closet. And… As if this house isn’t perfect enough. BOTH EXTERIOR SPACES are a Sweet RETREAT. The Side Patio directly off of the dining/kitchen area is the perfect place for your morning tea or an evening chat. The Back Patio is ideal for exterior lounging or dinner outdoors. All while being as MAINTENANCE-FREE as possible - no grass cutting here! Downstairs is a Clean and Well-Lit Basement with Full Laundry and TONS of Storage Space. The perfect setting for a Home Gym or adding additional SqFt one day. Come FALL IN LOVE with everything this Home and Neighborhood have to offer. - - - This home is eligible for $$$$$ FREE MONEY $$$$$ - Live Near You Work $5,000. Baltimore City Employee Home Owner Program $5k - $10,000. CDBG/First-Time Homebuyers Incentive Program $10,000. Buying Into Baltimore $5,000 (trolley tour is October 5th). FHLBank Atlanta First-Time Homebuyer Product (up to) $12,500. This Home is eligible for over $42,000 in GRANT/NON-REPAYABLE MONEY + Maryland Mortgage Program (MMP).

Details

Property type

Townhouse

Est. home value

$225,078

Lot size

1,383 sq ft

Price per sq ft

$125

Year built

1920

Annual property taxes

$3,714

HOA

No

Price History

11/01/2024
Bright

Bright #MDBA2138314

Pending
$205,000
10/24/2024
Bright

Bright #MDBA2138314

Price change
$205,000
-2.38%
10/10/2024
Bright

Bright #MDBA2138314

Removed
$210,000

Schools & Community

Neighborhood: 

McElderry Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

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

$19,326
Asking price
$205,000
Closing costs (~8% of asking)
-$16,400
Est. remaining loan balance
-$169,274
Cash to seller
$19,326

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

$174,503

Est. remaining balance

$169,274

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Quinn Dylan Black and Raegan Bunting Black

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: Pending/Under Contract

Tomo last checked: 11/09/2024 at 11:20 AM

Listing updated: 11/01/2024 at 1:39 PM

Listed by: Jachel Smalls, Samson Properties Phone #: (240) 724-6550

MLS: Bright #MDBA2138314

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