tomo logo

$267,200

Beds
3
Baths
3.0
sq ft
1,956

2920 Parkwood Ave, Baltimore, MD 21217

2920 Parkwood Ave

BALTIMORE, MD 21217

  • 8 days on market
Profitable three (3) unit . Across from Druid Park and the Baltimore Zoo! This 3 unit is ready to go. Charming end unit ; each metered separately. Tenants were on month to month leases. You could even PadSplit this property too! Fenced back patio with new concrete poured. All suites have been given some updates. This block is coming alive, don't miss out on this income producing opportunity. Full length dry basement. Off the Lobby is a storage area room or make it a little lounge to gather as tenants. Home is sold AS IS. Bring all buyers and offers!

Details

Property type

Townhouse

Est. home value

$178,666

Lot size

1,956 sq ft

Price per sq ft

$137

Year built

1920

Annual property taxes

$2,340

HOA

No

Price History

11/12/2024
Bright

Bright #MDBA2146568

Listed
$267,200
+33.6%
12/13/2023
Bright

Bright #MDBA2102254

Sold
$200,000
+393.83%
03/25/2019
Bright

Bright #MDBA302902

Sold
$40,500
+62%

Schools & Community

Neighborhood: 

Parkview - Woodbrook

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

$54,037
Asking price
$267,200
Closing costs (~8% of asking)
-$21,376
Est. remaining loan balance
-$191,787
Cash to seller
$54,037

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

Seller’s Loan History

Lender

Mortgage Equity Partners Llc

Loan start date

December 2023

Original loan amount

$193,325

Est. remaining balance

$191,787

Interest rate

7.79%

Loan type

FHA, 30 year

Seller

Lenita Coombs

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: 11/19/2024 at 8:15 PM

Listing updated: 11/15/2024 at 6:24 AM

Listed by: Jennifer Koenig, Long & Foster Real Estate, Inc. Phone #: (410) 833-5400

MLS: Bright #MDBA2146568

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