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$495,000

Beds
Unknown
Baths
1.0
sq ft
1,268

3890 Old Federal Hill Rd, Jarrettsville, MD 21084

3890 Old Federal Hill Rd

JARRETTSVILLE, MD 21084

  • 155 days on market
    • Price drop $30,000↓
Discover your perfect retreat on this peaceful 25-acre property in the desirable Jarrettsville area, nestled amidst mature woods while being close to town. This land offers a unique blend of natural beauty and practical amenities, making it an ideal investment for nature lovers and visionaries. Wander through the beautiful woods, which has the potential for a select timber cut in the next year or two. Enjoy the serene sounds of a beautiful creek meandering through the property, perfect for relaxation and exploration. A picturesque pond adds to the charm of the property, creating a haven for wildlife. With deeded access via a private lane, reaching your secluded paradise is effortless. There are 2 building rights which makes this land is prime for a family compound, a retreat, or investment properties. The foundation of the current house presents a fantastic opportunity to build your dream home tucked in the back of the property with farmland views. The land is positioned less than 1000 feet from a solar substation. This property offers an excellent opportunity for solar contracts and creating sustainable, off-grid living. This versatile property is perfect for those looking to embrace a peaceful, rural lifestyle while still enjoying the convenience of modern amenities. This 25-acre property provide a canvas for your dreams. Don't miss out on this rare opportunity to own a piece of untouched nature. Contact us today to schedule a tour and explore the endless possibilities this stunning property has to offer.

Details

Property type

Single Family Residence

Est. home value

$573,989

Lot size

25.08 acres

Price per sq ft

$391

Year built

1958

Annual property taxes

$2,395

HOA

No

Price History

07/19/2024
Bright

Bright #MDHR2032282

Price change
$495,000
-5.71%
06/01/2024
Bright

Bright #MDHR2032282

Listed
$525,000
-4.53%
05/13/2024
BrightMLS

BrightMLS #MDHR2022166

Removed
$549,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

HARFORD 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

$189,212
Asking price
$495,000
Closing costs (~8% of asking)
-$39,600
Est. remaining loan balance
-$266,188
Cash to seller
$189,212

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

Seller’s Loan History

Lender

Maverick Residential Mortgage Inc

Loan start date

July 2007

Original loan amount

$405,000

Est. remaining balance

$266,188

Interest rate

6.53%

Loan type

Not Provided, 30 year

Seller

Laura K Freeman and Roland K Freeman

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: 11/03/2024 at 8:30 AM

Listing updated: 10/08/2024 at 12:26 PM

Listed by: Paul M Boronow, William Penn Real Estate Assoc Phone #: (717) 299-7070

MLS: Bright #MDHR2032282

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