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$325,000

Beds
5
Baths
3.5
sq ft
3,376

316 S Fountain Green Rd, Bel Air, MD 21015

316 S Fountain Green Rd

BEL AIR, MD 21015

  • 16 days on market
Rare opportunity to construct your custom dream home in sought after Bel Air/Fountain Green neighborhood! Sold with approved plan and building permit intact to construct a 5 bedroom, 3.5 bathroom with 3,300 square feet on 1/2 acre lot with horseshoe driveway accommodating up to 6 cars. For an all in price of $325K (lot) + $226K (build) = $551K. Comps for new builds in this area at this size are $700K-$800K range. House directly next door sold for $640K in 2022. The seller/builder will build and customize to your wants and needs. Financing/ Construction to perm loan options available - there will be a discount on the property sales price if the option to construct is utilized! Or option to purchase this property AS IS for $325K or best offer. If interested in this option, there is already material on site to be included - microlamb beams, sub flooring for complete 2nd floor, 3 patio doors, lots of 2x6s and 2x4s, 200 amp panels and arch fault breakers, CMU blocks for foundation wall, etc. New septic system already installed. For touring this property, a hold harmless agreement will be required to be signed.

Details

Property type

Single Family Residence

Est. home value

$274,960

Lot size

0.47 acres

Price per sq ft

$97

Year built

1950

Annual property taxes

$2,094

HOA

No

Price History

11/11/2024
Bright

Bright #MDHR2037406

Listed
$325,000
+203.74%
10/09/2020
Bright

Bright #MDHR249084

Sold
$107,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

C. MILTON WRIGHT

School district: 

HARFORD COUNTY PUBLIC SCHOOLS

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Remark Properties Llc

Loan start date

October 2020

Original loan amount

$210,000

Est. remaining balance

Not provided

Interest rate

2.99%

Loan type

Building or Construction Loan

Seller

316 South Fountain Gree Rd Llc

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: 11/26/2024 at 11:50 PM

Listing updated: 11/11/2024 at 10:44 AM

Listed by: Jessica DuLaney (Nonn), Next Step Realty Phone #: (443) 901-2200

MLS: Bright #MDHR2037406

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