tomo logo

$150,000

Beds
3
Baths
1.0
sq ft
1,280

3206 Westmont Ave, Baltimore, MD 21216

3206 Westmont Ave

BALTIMORE, MD 21216

  • 180 days on market
ATTENTION HOME BUYERS WITH A VISION & INVESTORS! Great residential neighborhood! Quiet Street! 3 level ROW HOUSE with 3 BEDS & 1 BATH on Upper Level. BASEMENT with Inside & Outside Access. Nice size Backyard with PARKING PAD. Enjoy Bright & Sunny SPACIOUS rooms with HARDWOOD Floors. Sep Living & Dining Rms. MOVE IN READY or Call your CONTRACTOR!! REHAB the property all at once or overtime to MAKE IT YOUR OWN! Ask us about rehab values. Close to community center, playground, basketball & football/soccer fields. Minutes from COPPIN STATE UNIVERISTY, SHOPPING & DOWNTOWN Baltimore! Easy Access to I-95, I-695, & Baltimore/Washington Pkwy. Want to see the home in person? SCHEDULE a showing TODAY!! ** Investors: Great ROI! This house offers a phenomenal Investment Property Opportunity for Fix & Flip and Turnkey Rental Property, little to NO REPAIRS to pass Inspection for Passive Rental Income (BRRR). ** The After Repair Value (ARV) for similar REHABBED SOLD homes in the area in 2024 is up to $230,000 (ie: 620 Denison St - $230,000 on 01/26/24; 2701 Winchester St - $229,900 on 01/31/24; 3414 W North Ave - $225,000 on 06/13/24; 2918 Presstman St - $224,000 on 12/29/23; 3123 Normount Ave - $220,000 on 06/20/24). ** Similar REHABBED & UnREHABBED homes in the area have RENTED for up to $1,850 (ie: 711 Linnard St - $1,850 on 07/05/24; 620 Allendale St - $1,850 on 04/01/24; 776 Linnard St - $1,850 on 04/30/24; 3224 Presstman St - $1,815 on 04/23/24).

Details

Property type

Townhouse

Est. home value

$77,452

Lot size

1,024 sq ft

Price per sq ft

$118

Year built

1940

Annual property taxes

$1,001

HOA

No

Price History

05/26/2024
Bright

Bright #MDBA2123620

Listed
$150,000

Schools & Community

Neighborhood: 

Rosemont

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights

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

$85,109
Asking price
$150,000
Closing costs (~8% of asking)
-$12,000
Est. remaining loan balance
-$52,891
Cash to seller
$85,109

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

Seller’s Loan History

Lender

Lakeview Loan Servicing Llc

Loan start date

May 2017

Original loan amount

$62,000

Est. remaining balance

$52,891

Interest rate

4.1%

Loan type

New Conventional, 30 year

Seller

Bernell A Dorman

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: 11/19/2024 at 11:40 PM

Listing updated: 10/31/2024 at 7:24 PM

Listed by: Bernetta V Draper, Keller Williams Preferred Properties Phone #: (240) 737-5000

MLS: Bright #MDBA2123620

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