tomo logo

$275,000

Beds
3
Baths
3.0
sq ft
1,956

2920 Parkwood Ave, Baltimore, MD 21217

2920 Parkwood Ave

BALTIMORE, MD 21217

  • 104 days on market
!! BACK ON MKT !!! 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

$141

Year built

1920

Annual property taxes

$2,340

HOA

No

Price History

02/07/2025
Bright

Bright #MDBA2146568

Price change
$275,000
+2.92%
12/16/2024
Bright

Bright #MDBA2146568

Removed
$267,200
11/12/2024
Bright

Bright #MDBA2146568

Listed
$267,200
+33.6%

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

$61,652
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$191,348
Cash to seller
$61,652

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

$191,348

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: 02/23/2025 at 7:50 PM

Listing updated: 02/07/2025 at 2:44 PM

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

MLS: Bright #MDBA2146568

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