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$390,000

Beds
5
Baths
2.5
sq ft
2,886

294 Tidewater Cir, Preston, MD 21655

294 Tidewater Cir

PRESTON, MD 21655

  • 157 days on market
    • Price drop $4,500↓
5-Bedroom, 2.5-Bath Home in the charming town of Preston. Features include a large family room with a cozy gas fireplace. Beautiful kitchen with center island, pantry, stainless-steel appliances, and breakfast bar. Laundry/mudroom adjacent to the kitchen with direct entrance to the two-car garage. Separate dining room, designated office space and an amazing sunroom with vaulted ceilings and access to a newly added deck that overlooks a generous sized fenced -in back yard. Spacious primary bedroom with double door entryway, walk-in closet & separate closet, ensuite features double vanities a soaking tub and stand-alone shower. Three additional bedrooms, A full guest bath, plus a finished bonus room over the Garage with endless possibilities -currently being used as a fifth bedroom. Located in the community of Tidewater Farms, enjoy small town living and easy access commuting. Less than 8 miles to Choptank River public boat launch!

Details

Property type

Single Family Residence

Est. home value

$350,631

Lot size

0.37 acres

Price per sq ft

$136

Year built

2006

Annual property taxes

$4,120

HOA

No

Price History

02/28/2025
Bright

Bright #MDCM2004860

Price change
$390,000
-1.14%
02/12/2025
Bright

Bright #MDCM2004860

Price change
$394,500
-2.59%
01/12/2025
Bright

Bright #MDCM2004860

Listed
$405,000

Schools & Community

Elementary school: 

PRESTON

Middle school: 

COLONEL RICHARDSON

High school: 

COLONEL RICHARDSON

School district: 

CAROLINE COUNTY 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

$138,863
Asking price
$390,000
Closing costs (~8% of asking)
-$31,200
Est. remaining loan balance
-$219,937
Cash to seller
$138,863

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

Seller’s Loan History

Lender

Home Point Financial Corporation

Loan start date

November 2020

Original loan amount

$243,000

Est. remaining balance

$219,937

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Richard N Petroske Iii and Lisa M Petroske

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: 03/03/2025 at 11:35 PM

Listing updated: 02/28/2025 at 1:29 PM

Listed by: Christina Smith, Brenton Realty Group Phone #: (410) 479-4663

MLS: Bright #MDCM2004860

Bright logo

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