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$375,000

Beds
3
Baths
1.5
sq ft
1,451

308 Old Trail Rd, Baltimore, MD 21212

308 Old Trail Rd

BALTIMORE, MD 21212

  • 42 days on market
    • Price drop $10,000↓
Welcome to 308 Old Trail Road, nestled in the highly desirable Rodgers Forge neighborhood! This classic Rodgers Forge-style home boasts a timeless red brick exterior. Inside, the living room is bathed in natural light from a stunning bay window, complemented by gleaming hardwood floors throughout. The updated, open-concept kitchen and dining area, renovated in 2018, is perfect for entertaining and family gatherings. Downstairs, you'll find a cozy, carpeted living area in the front basement, with a separate storage and laundry room in the back. Unlike many homes in Rodgers Forge, this property features a long, newly paved front walkway (2021) and an expansive front yard. The fenced backyard offers ample space for play, gardening, and relaxation, along with a convenient fenced parking pad. The roof was replaced in 2018, and the unusually wide street provides ample parking. This home is within walking distance to excellent neighborhood schools, local shops, and restaurants. Lovingly maintained, this property is surrounded by wonderful neighbors on a charming street. Don't miss the chance to make this delightful home yours!

Details

Property type

Townhouse

Est. home value

$366,283

Lot size

2,793 sq ft

Price per sq ft

$259

Year built

1956

Annual property taxes

$3,531

HOA

No

Price History

06/11/2024

Bright #MDBC2096962

Price change
$375,000
-2.6%
05/30/2024

Bright #MDBC2096962

Listed
$385,000
+13.24%
08/29/2022

Bright #MDBC2044598

Sold
$340,000
+28.3%

Schools & Community

Elementary school: 

RODGERS FORGE

Middle school: 

DUMBARTON

High school: 

TOWSON HIGH LAW & PUBLIC POLICY

School district: 

BALTIMORE 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

$79,537
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$265,463
Cash to seller
$79,537

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

Seller’s Loan History

Lender

Academy Mortgage Corp

Loan start date

August 2022

Original loan amount

$272,000

Est. remaining balance

$265,463

Interest rate

5.78%

Loan type

New Conventional, 30 year

Seller

James P Mcelroy Iii

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: 07/01/2024 at 12:35 PM

Listing updated: 06/11/2024 at 2:14 PM

Listed by: Sean Miller, Berkshire Hathaway HomeServices Homesale Realty Phone #: (410) 583-0400

MLS: Bright #MDBC2096962

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