tomo logo

$199,500

Beds
5
Baths
3.0
sq ft
1,602

312 Marydell Rd, Baltimore, MD 21229

312 Marydell Rd

BALTIMORE, MD 21229

  • 79 days on market
    • Price drop $500↓
Welcome to West Baltimore – Your Ideal First Home with Investment Potential! This beautifully renovated home, updated in 2020, offers a unique opportunity for first-time buyers looking to combine comfortable living with smart investment. Prime Location: Situated just 5 minutes from Downtown Catonsville, enjoy quick access to delicious dining options and vibrant community vibes. Spacious & Versatile Layout: The home features a rare 5-bedroom, 3-bathroom setup, perfect for growing families or those who need extra space. The open floor plan creates a bright and inviting atmosphere, with plenty of storage throughout. 5th room offers versatility of an office or bedroom. Two Washer/Dryer Sets: Convenience is key with laundry facilities on both the main level and in the basement. Relax & Entertain: Unwind on your covered back deck or host gatherings in your fenced backyard, perfect for grilling and entertaining. Income-Generating Basement Apartment: The fully finished, walk-out basement includes a separate kitchen, living room, dining area, and laundry room. Whether you’re looking for a true in-law suite or a rental unit for extra income, this space offers incredible flexibility. The rent from this apartment could nearly cover your entire mortgage! Move-In Ready with Extra Perks: This home is ready for you to make it your own, and it comes with a complimentary home warranty for added peace of mind. Don’t miss out on this rare find in West Baltimore! Make it yours today and start enjoying all the benefits of homeownership with the potential for income generation.

Details

Property type

Townhouse

Est. home value

$199,962

Lot size

1,440 sq ft

Price per sq ft

$125

Year built

1927

Annual property taxes

$2,100.4

HOA

No

Price History

09/10/2024
Bright

Bright #MDBA2130910

Price change
$199,500
-0.25%
09/03/2024
Bright

Bright #MDBA2130910

Price change
$200,000
-2.39%
08/25/2024
Bright

Bright #MDBA2130910

Price change
$204,900
-2.38%

Schools & Community

Neighborhood: 

Irvington

Elementary school: 

BEECHFIELD

Middle school: 

Unknown

High school: 

CALL SCHOOL BOARD

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

$13,921
Asking price
$199,500
Closing costs (~8% of asking)
-$15,960
Est. remaining loan balance
-$169,619
Cash to seller
$13,921

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

Seller’s Loan History

Lender

Paramount Residential Mortgage Group Inc

Loan start date

August 2021

Original loan amount

$181,649

Est. remaining balance

$169,619

Interest rate

3.02%

Loan type

FHA, 30 year

Seller

Nikita A Williams

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: 09/21/2024 at 2:30 AM

Listing updated: 09/19/2024 at 9:36 PM

Listed by: Nikita Williams, Samson Properties Phone #: (301) 850-0255

MLS: Bright #MDBA2130910

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