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$130,000

Beds
3
Baths
1.0
sq ft
1,140

307 N Locust St, Hagerstown, MD 21740

307 N Locust St

HAGERSTOWN, MD 21740

  • 26 days on market
    • Price drop $15,000↓
Wow! Newly priced, this is a great opportunity for a first time home buyer or an investor to take advantage of this charming 3-bedroom, 1-bathroom home in the heart of historic Hagerstown! Freshly painted with newer laminate flooring, this home also offers a fenced and shady rear yard for hanging out on hot summer days! On entering the home, you walk into a bright and inviting living area, which opens into a potential dining or work space and beyond that a spacious kitchen area, boasting a tranquil view of the fenced rear yard and small paved porch. Upstairs, there are three comfortably sized bedrooms, one of which opens to a charming Juliette Balcony overlooking the serene rear yard. The full bathroom boasts the timeless elegance of an original clawfoot tub-shower combination.

Details

Property type

Duplex

Est. home value

$129,170

Lot size

1,453 sq ft

Price per sq ft

$115

Year built

1906

Annual property taxes

$1,570

HOA

No

Price History

06/25/2024

Bright #MDWA2022352

Price change
$130,000
-10.34%
06/15/2024

Bright #MDWA2022352

Price change
$145,000
-1.36%
06/05/2024

Bright #MDWA2022352

Listed
$147,000
+58.58%

Schools & Community

Elementary school: 

EASTERN

Middle school: 

NORTHERN

High school: 

NORTH HAGERSTOWN

School district: 

WASHINGTON 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

$53,527
Asking price
$130,000
Closing costs (~8% of asking)
-$10,400
Est. remaining loan balance
-$66,073
Cash to seller
$53,527

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

Seller’s Loan History

Lender

Atlantic Union Bank

Loan start date

February 2022

Original loan amount

$69,500

Est. remaining balance

$66,073

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

David R Hobbs

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: 06/29/2024 at 7:45 AM

Listing updated: 06/25/2024 at 1:36 PM

Listed by: Nicole Aliev, Charis Realty Group Phone #: (301) 831-5099

MLS: Bright #MDWA2022352

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