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$270,000

Beds
3
Baths
2.0
sq ft
1,386

2908 Louise Ave, Baltimore, MD 21214

2908 Louise Ave

BALTIMORE, MD 21214

  • 11 days on market
This two-unit property is a fantastic investment from day one! This home offers both comfort and convenience. Located near I-695, it's ideal for commuters and families alike. Live in one unit and let the other pay your mortgage! The first-floor unit, features 2 bedrooms and the second-floor featuring 1-bedroom unit are occupied with 2 long term tenants. Plenty of storage space in the basement, complete with a washer and dryer. Plus, the roof has been recently replaced, offering peace of mind for years to come. Great opportunity to qualify with a DSCR loan.

Details

Property type

Single Family Residence

Est. home value

$273,491

Lot size

6,808 sq ft

Price per sq ft

$195

Year built

1930

Annual property taxes

$5,131

HOA

No

Price History

01/11/2025
Bright

Bright #MDBA2152432

Listed
$270,000
+22.73%
09/29/2020
Bright

Bright #MDBA511242

Sold
$220,000

Schools & Community

Neighborhood: 

Westfield

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

$98,874
Asking price
$270,000
Closing costs (~8% of asking)
-$21,600
Est. remaining loan balance
-$149,526
Cash to seller
$98,874

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

Seller’s Loan History

Lender

Nfm Inc

Loan start date

September 2020

Original loan amount

$165,000

Est. remaining balance

$149,526

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Kathleen H Methric and Timothy Methric

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: 01/22/2025 at 1:40 AM

Listing updated: 01/16/2025 at 9:45 PM

Listed by: Jennifer M Utz, EXP Realty, LLC Phone #: (888) 860-7369

MLS: Bright #MDBA2152432

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