tomo logo

$100,000

Beds
3
Baths
1.5
sq ft
1,326

32710 Mount Hermon Rd, Parsonsburg, MD 21849

32710 Mount Hermon Rd

PARSONSBURG, MD 21849

  • Pending
    • Price drop $91,000↓
Location! Only 10 minutes to downtown Salisbury but out of the hustle and bustle. This rancher home welcomes you with open front porch leading into the update home. The living room offers laminate flooring, recessed lighting and open to the kitchen and dining area. The kitchen offers granite countertops, stainless steel appliances and tiled backsplash. On the right side of the house is den or office adjacent to the laundry room and half bath. The the other end you'll find the 3 bedrooms and 1 full bath. Bath is adorned with barn door, tile tub/shower and double sinks. The rear yard offers large deck and fire pit. Septic has failed inspection. List price is starting bid for online auction.

Details

Property type

Single Family Residence

Est. home value

$265,918

Lot size

0.7 acres

Price per sq ft

$76

Year built

1969

Annual property taxes

$1,498

HOA

No

Price History

10/17/2024
Bright

Bright #MDWC2014152

Pending
$100,000
09/19/2024
Bright

Bright #MDWC2014152

Price change
$100,000
-47.64%
08/21/2024
Bright

Bright #MDWC2014152

Price change
$191,000
-4.98%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

WICOMICO 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

-$93,569
Asking price
$100,000
Closing costs (~8% of asking)
-$8,000
Est. remaining loan balance
-$185,569
Cash to seller
-$93,569

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

Seller’s Loan History

Lender

Mclean Mortgage Corp

Loan start date

November 2021

Original loan amount

$197,876

Est. remaining balance

$185,569

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Robert Henry Bunting Jr

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: Pending/Under Contract

Tomo last checked: 11/03/2024 at 7:55 AM

Listing updated: 10/17/2024 at 11:44 AM

Listed by: Stephana Rae Riha, Century 21 Harbor Realty Phone #: (410) 548-2100

MLS: Bright #MDWC2014152

Bright logo

Recently listed in PARSONSBURG