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$98,900

Beds
3
Baths
1.0
sq ft
Unknown

2212 W Fayette St, Baltimore, MD 21223

2212 W Fayette St

BALTIMORE, MD 21223

  • 26 days on market
    • Price drop $1,000↓
3BR/1BA interior rowhome located in the Shipley Hill neighborhood of Baltimore City. Located in a short distance from downtown Inner Harbor, Ravens/Oriole Stadiums and walking distance to Bon Secours hospital. It is perfect for a homeowner to use a renovation loan and earn instant sweat equity, or an investor to add to their rental portfolio. This property will require a renovation loan or cash purchase.

Details

Property type

Townhouse

Est. home value

$130,175

Lot size

1,306.8 sq ft

Price per sq ft

Unknown

Year built

1920

Annual property taxes

$590

HOA

No

Price History

06/17/2024

Bright #MDBA2126932

Price change
$98,900
-1%
06/14/2024

Bright #MDBA2126932

Price change
$99,900
-7.41%
06/10/2024

Bright #MDBA2126932

Price change
$107,900
-10.01%

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

$2,411
Asking price
$98,900
Closing costs (~8% of asking)
-$7,912
Est. remaining loan balance
-$88,577
Cash to seller
$2,411

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

Seller’s Loan History

Lender

Primelending

Loan start date

January 2023

Original loan amount

$90,000

Est. remaining balance

$88,577

Interest rate

6.58%

Loan type

New Conventional, 30 year

Seller

Carl Nathaniel Brown

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 9:50 AM

Listing updated: 06/17/2024 at 12:13 PM

Listed by: STEPHEN PIPICH Jr., VYBE Realty Phone #: (410) 220-4648

MLS: Bright #MDBA2126932

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