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$187,000

Beds
3
Baths
2.0
sq ft
1,316

3438 Belair Rd, Baltimore, MD 21213

3438 Belair Rd

BALTIMORE, MD 21213

  • 20 days on market
INVESTOR PROPERTY with INSTANT CASH FLOW. rent is $1,880, annually $22,200 with 2 year lease with 20 months remaining. Beautiful townhouse recently renovated to meet modern time with BRAND NEW kitchen with granite top, new cabinets, new Stainless steel appliances, washer and dryer, and new luxury vinyl flooring. The house was also upgraded with a new roof, new plumbing, a new central HVAC system, some electrical work upgraded with all APPROVED and CLEARED PERMITS by Baltimore City! The house also has rear parking attached 1 car garage with plenty of street parking, and easily accessible to public transportation with a bus stop right outside the house! The property is right off Belair rd with many convenient stores and parks at walking distance. Its also a great rental investment opportunity with rental as well! The house is RENTED and looking for only investor buyers only.

Details

Property type

Townhouse

Est. home value

$131,726

Lot size

650 sq ft

Price per sq ft

$143

Year built

1924

Annual property taxes

$2,486

HOA

No

Price History

10/30/2024
Bright

Bright #MDBA2145208

Listed
$187,000
+10.32%
07/05/2024
Bright

Bright #MDBA2119896

Removed
$169,500
06/13/2024
Bright

Bright #MDBA2119896

Price change
$169,500
-2.87%

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

$66,218
Asking price
$187,000
Closing costs (~8% of asking)
-$14,960
Est. remaining loan balance
-$105,822
Cash to seller
$66,218

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

October 2022

Original loan amount

$108,750

Est. remaining balance

$105,822

Interest rate

5.66%

Loan type

New Conventional, 30 year

Seller

Owais S Alam

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 6:40 AM

Listing updated: 10/30/2024 at 6:49 PM

Listed by: Rabail Kazi, Samson Properties Phone #: (703) 378-8810

MLS: Bright #MDBA2145208

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