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$150,000

Beds
3
Baths
1.0
sq ft
1,280

3206 Westmont Ave, Baltimore, MD 21216

3206 Westmont Ave

BALTIMORE, MD 21216

  • 212 days on market
ATTENTION HOME BUYERS WITH A VISION & INVESTORS! Great residential neighborhood! Quiet Street! 3 level ROW HOUSE with 3 BEDS & 1 BATH. Enjoy Bright & Sunny SPACIOUS rooms with HARDWOOD Floors. Sep Living & Dining Rms. BASEMENT with Inside & Outside Access. Nice size Backyard with PARKING PAD. MOVE IN READY!! 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 UNIVERSITY, 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 $225,000 (ie: 815 N Bentalou St - $225,000 on 10/31/24; 1055 Ellicott Dr - $223,000 on 08/30/24). ** Similar REHABBED & UnREHABBED homes in the area have RENTED for up to $1,745 (ie: 2214 Baker St - $1,745 on 08/15/24; 2033 W Saratoga St - $1,740 on 09/12/24; & 2840 W Mulberry St - $1,675 on 09/19/24).

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: 

Sidewalks, 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

$85,228
Asking price
$150,000
Closing costs (~8% of asking)
-$12,000
Est. remaining loan balance
-$52,772
Cash to seller
$85,228

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

$52,772

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: 12/22/2024 at 3:25 PM

Listing updated: 12/11/2024 at 1:49 PM

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

MLS: Bright #MDBA2123620

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