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$280,000

Beds
2
Baths
2.0
sq ft
1,149

307 Rain Water Way Unit 101, Glen Burnie, MD 21060

307 Rain Water Way Unit 101

GLEN BURNIE, MD 21060

  • Pending
Welcome to this move in ready, first floor, access to the unit does not require any stairs, condo in the desirable community of Cromwell Fountain in Glen Burnie. It features an open floor plan. The kitchen has room for an eat in dining area, while the condo also features a separate area for a more formal dining space. Large open living area that is open to the dining area.. Two large and spacious bedrooms each with full bath are located on opposite sides of the condo for ultimate privacy. The patio area allows direct access to the parking lot without having to go through the main door or taking any stairs. Parking is on-site directly in front of the unit. The community has a pool to cool off during these hot summers. Also playground area and a tennis court to keep you active and entertained. LOCATION is so important to where you live. The Cromwell Fountain community is easily accessible to stores, shopping and so much more to do in the area. Perfectly located with easy access to all major highways, making your commute a breeze. Less than 10 minutes from 695, RT 10, RT 100 and 295 -NSA, DC. Major destinations such as Annapolis and Baltimore are all convenient to where you live! You don't want to miss checking out this home as it will go fast. Seller is also open to selling all furniture in the home in a separate conversation with the potential buyers. It's all fairly new and barely used. If interested in purchasing any, reach out to the listing agent for additional information.

Details

Property type

Condominium

Est. home value

$247,069

Lot size

Unknown

Price per sq ft

$244

Year built

2001

Annual property taxes

$2,466

HOA

No

Price History

07/02/2024

Bright #MDAA2088056

Pending
$280,000
06/27/2024

Bright #MDAA2088056

Listed
$280,000
+47.37%
09/04/2020

Bright #MDAA435226

Sold
$190,000
+3.88%

Schools & Community

Elementary school: 

NORTH GLEN

Middle school: 

LINDALE

High school: 

NORTH COUNTY

Community features: 

Pool

School district: 

ANNE ARUNDEL 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

$118,045
Asking price
$280,000
Closing costs (~8% of asking)
-$22,400
Est. remaining loan balance
-$139,555
Cash to seller
$118,045

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

Seller’s Loan History

Lender

Southern Trust Mortgage Llc

Loan start date

September 2020

Original loan amount

$152,000

Est. remaining balance

$139,555

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Dipankar Bhattacharya and Soma Bhattacharya

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: Pending/Under Contract

Tomo last checked: 07/03/2024 at 2:05 PM

Listing updated: 07/02/2024 at 3:54 PM

Listed by: Heather Buchman, Berkshire Hathaway HomeServices PenFed Realty Phone #: (443) 627-2900

MLS: Bright #MDAA2088056

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