tomo logo

$432,000

Beds
9
Baths
3.0
sq ft
3,264

3711 Egerton Rd, Baltimore, MD 21215

3711 Egerton Rd

BALTIMORE, MD 21215

  • 68 days on market
    • Price drop $30,000↓
Back On The Market! Exceptional Investment Opportunity in Baltimore! This corner lot property features three separately metered units, making it an ideal choice for both seasoned and novice investors. Each unit boasts its own unique charm with Unit 1 and Unit 2 offering spacious 3-bedroom, 1-bath layouts, and Unit 3 providing a cozy 3-bedroom, 1-bath setup—perfect for a variety of living situations. Recent upgrades include a new sewer stack and hot water heaters, ensuring maintenance ease and peace of mind for both owner and tenants. The property also offers an unfinished basement that presents endless possibilities for additional storage or future expansion. Outside, the large yard invites relaxation and outdoor activities, while the detached garage provides convenient off-street parking and additional storage options. Located on a serene corner lot, this property combines the tranquility of suburban living with the convenience of city access. Don't miss out on this versatile investment opportunity that promises both immediate returns and long-term value growth. Explore the potential and envision the future of your real estate portfolio with this Baltimore gem!

Details

Property type

Single Family Residence

Est. home value

$365,303

Lot size

0.27 acres

Price per sq ft

$133

Year built

1920

Annual property taxes

$5,900

HOA

No

Price History

06/20/2024

Bright #MDBA2122806

Listed
$432,000
06/12/2024

Bright #MDBA2122806

Pending
$432,000
06/11/2024
BrightMLS

BrightMLS #MDBA2122806

Pending
$432,000

Schools & Community

Neighborhood: 

Callaway-Garrison

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

$120,492
Asking price
$432,000
Closing costs (~8% of asking)
-$34,560
Est. remaining loan balance
-$276,948
Cash to seller
$120,492

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

Seller’s Loan History

Lender

Cherry Creek Mortgage Co Inc

Loan start date

February 2023

Original loan amount

$281,250

Est. remaining balance

$276,948

Interest rate

6.42%

Loan type

New Conventional, 30 year

Seller

Eugene Wang and Sing Your Wang

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: 07/01/2024 at 10:50 AM

Listing updated: 06/20/2024 at 6:13 PM

Listed by: Christina B Elliott, Keller Williams Integrity Phone #: (443) 574-1600

MLS: Bright #MDBA2122806

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