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$230,000

Beds
3
Baths
2.5
sq ft
1,400

2800 Violet Ave, Baltimore, MD 21215

2800 Violet Ave

BALTIMORE, MD 21215

  • 195 days on market
**Back on Market. Buyer was unable to secure financing** Welcome to this exquisite, recently remodeled end-unit townhouse located in the Park Circle subdivision of Baltimore City. Perfect for first-time homebuyers or savvy investors eager to expand their portfolio, this home offers an exceptional opportunity. This townhome features new flooring and fresh paint throughout, giving it a refreshed and modern feel. The tiled bathrooms add a touch of elegance, while the finished basement provides a separate living space of its own or could be converted into common space for current tenants, the options are endless. The deck in the rear of the home is a wonderful addition, allowing you to enjoy outdoor living and providing a great space for relaxation or entertaining guests. Currently leased in a shared home style, this property boasts three (with a fourth wanting to sign) active leases with tenants who would love to stay on, if the new owner would like to retain as a rental. The home has been lavishly decorated, creating a welcoming and stylish ambiance that will captivate any visitor. Even better, all displayed furniture will remain, becoming the property of the new homeowner, adding immediate value and convenience. Don't miss out on this unique chance to own a beautifully furnished, income-generating property in one of Baltimore's prime locations. Whether you're looking to invest or make a smart first-time purchase, this recently remodeled townhome in Park Circle is a must-see! ***All tenants are willing to stay, but have been made aware that a 30 days notice will be given if the new buyer chooses not to be a landlord*** DO NOT DISTURB TENANTS!! --**SHOWINGS CAN BE SCHEDULED FOR THURS & SATS ONLY, LISTING AGENT MUST BE PRESENT**

Details

Property type

Townhouse

Est. home value

$211,029

Lot size

1,090 sq ft

Price per sq ft

$165

Year built

1920

Annual property taxes

$802

HOA

No

Price History

11/20/2024
Bright

Bright #MDBA2128624

Listed
$230,000
10/20/2024
Bright

Bright #MDBA2124998

Removed
$230,000
09/09/2024
Bright

Bright #MDBA2124998

Pending
$230,000

Schools & Community

Neighborhood: 

Park Circle

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

$15,394
Asking price
$230,000
Closing costs (~8% of asking)
-$18,400
Est. remaining loan balance
-$196,206
Cash to seller
$15,394

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

Seller’s Loan History

Lender

Newrez Llc

Loan start date

June 2023

Original loan amount

$199,500

Est. remaining balance

$196,206

Interest rate

6.35%

Loan type

New Conventional, 30 year

Seller

Ugo Johnson Agwu

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 5:15 AM

Listing updated: 11/20/2024 at 1:14 PM

Listed by: Myeisha U Paskel, Weichert Realtors - Blue Ribbon Phone #: (301) 262-3100

MLS: Bright #MDBA2128624

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