tomo logo

$230,000

Beds
4
Baths
2.0
sq ft
1,760

3420 Erdman Ave, Baltimore, MD 21213

3420 Erdman Ave

BALTIMORE, MD 21213

  • 37 days on market
A MUST SEE FOR FIRST TIME HOMEBUYERS! Ask about the first time buyer credit of up to $8,000 for qualified candidates. In addition there are numerous grants that may help your buyers, some of which may be stacked. To name a few: buy back block grants, FHLB, Trolley Tour, FTHIP, CCAP, and NHS. Delightfully renovated 4 bedroom, 2 full bath townhome with all the charms including gourmet kitchen, island, granite countertops, stainless steel/black appliances, attractive recessed lighting to present a nice bright setting. Upstairs features a large primary bedroom with ceiling fan and 2 additional bedrooms also with ceiling fans and a modern bathroom. Downstairs leads to 2 additional rooms with ceiling fans and a modern full bath. Laundry room area also present. Walkout leads to flat partially fenced yard for kids and entertainment.

Details

Property type

Townhouse

Est. home value

$193,188

Lot size

2,000 sq ft

Price per sq ft

$131

Year built

1942

Annual property taxes

$3,011

HOA

No

Price History

10/16/2024
Bright

Bright #MDBA2141486

Listed
$230,000
+29.21%
11/01/2022
Bright

Bright #MDBA2062650

Sold
$178,000
+186.63%
03/27/2020
Bright

Bright #MDBA501692

Sold
$62,100

Schools & Community

Neighborhood: 

Belair-Edison

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$72,792
Asking price
$230,000
Closing costs (~8% of asking)
-$18,400
Est. remaining loan balance
-$138,808
Cash to seller
$72,792

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

Seller’s Loan History

Lender

Thrive Mortgage Llc

Loan start date

November 2022

Original loan amount

$142,400

Est. remaining balance

$138,808

Interest rate

6.02%

Loan type

New Conventional, 30 year

Seller

Vernal Richards

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: 11/22/2024 at 5:05 AM

Listing updated: 10/17/2024 at 12:59 AM

Listed by: Kenneth I Johnson, Coldwell Banker Realty Phone #: (410) 740-7100

MLS: Bright #MDBA2141486

Bright logo

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